Archive for the ‘REAL ESTATE – Market Sector’ Category

Report: Mississippi only state to see drop in home prices

IRVINE, Calif. — CoreLogic has released its January CoreLogic Home Price Index (HPI) report, and it shows that Mississippi is the only state to show a depreciation in home prices. Home prices nationwide, including distressed sales, increased 12 percent in January 2014 compared to January 2013. This change represents 23 months of consecutive year-over-year increases […] [...]

PHIL HARDWICK — So you want to be a residential real estate investor? Part 2

by Phil Hardwick Published: February 21,2014

Tags: Business, economic development, Mississippi, real estate

In part one we discussed how to determine whether a person had the right characteristics to be a residential real estate investor and how to find the right neighborhood. We now move to finding and managing the right property. There are two really important axioms to keep in mind when investing in residential real estate. […] [...]

RE/MAX: Winter storms chill U.S. home sales

by MBJ Staff Published: February 19,2014

Tags: home, house, RE/MAX National Housing Report, real estate, residence, residential, sales, Weather

DENVER — As the result of unusually strong winter storms, January home sales fell lower while prices continued a trend of double-digit increases, according to the RE/MAX National Housing Report. Winter storms that impacted many regions of the country caused numerous delays or cancellations of closings, bringing home sales 7.1 percent lower than one year […] [...]

FNC index: U.S. home prices show fastest growth since 2012

by MBJ Staff Published: February 18,2014

Tags: FNC Inc, home, home price, house, mortgage, residence, residential real estate

OXFORD — The latest FNC Residential Price Index (RPI) shows U.S. home prices continue to rise. As of December, the RPI indicates the fastest year-over-year growth since the recovery began in early 2012. The index, constructed to gauge price movement among normal home sales exclusive of distressed properties, was up 0.3 percent in December — […] [...]

PriorityOne to build branches in Collins, Ridgeland

MAGEE — PriorityOne Bank has unveiled plans for expansion in 2014. In 2009, a lot was purchased at the intersection of Highway 98 and Highway 589 in Hattiesburg with the intention of constructing a branch on this site at some time in the future. In addition, property was also purchased in 2013 on the Highway […] [...]

CoreLogic: State ranks third in nation in decreased home prices

CoreLogic has released its December CoreLogic Home Price Index (HPI) report. Year over year, home prices nationwide, including distressed sales, increased 11 percent in December 2013 compared to December 2012. This change represents the 22nd consecutive monthly year-over-year increase in home prices nationally. On a month-over-month basis, home prices nationwide, including distressed sales, decreased by […] [...]

Trial postponed in Aldridge family dispute

TUPELO — The case against state Rep. Brian Aldridge and his parents for allegedly taking property from a relative and converting it to their personal use has been delayed in Lee County Circuit Court. The Northeast Mississippi Daily Journal reports they were scheduled to go to trial Monday. It was delayed after defense attorney T.K. […] [...]

Supervisors offer option on land to KiOR for plant

NATCHEZ — The Adams County Board of Supervisors has offered to extend an option on the former Belwood Country Club property to alternative fuel manufacturer KiOR. KiOR previously had a contract signed on a 120 acre-tract of the county-owned Belwood property but the option had expired. Board attorney Scott Slover tells The Natchez Democrat KiOR […] [...]

Supreme Court hearing case involving alligators, ExxonMobil

WILKINSON COUNTY — The Mississippi Supreme Court is refereeing a dispute between a Wilkinson County couple and ExxonMobil Corporation over an alleged alligator infestation, with justices scheduled to hear oral arguments Tuesday. The dispute involves more than 80 alligators that Tom Christmas and his wife argue they didn’t discover on land next to their homestead […] [...]

County loses revenue from pipeline, Section 42 housing

by Associated Press Published: February 4,2014

Tags: county government, Destin Pipeline, education, energy, Jackson County, pipeline, real estate, revenue, Section 42, tax

PASCAGOULA — Jackson County is taking an unexpected hit in revenue with a recent drop in the assessed value of a major pipeline and a loss in tax revenue from federally subsidized housing. The Sun Herald reports a state tax appeals board ruled in favor of the owners of the Destin Pipeline, and lowered its […] [...]

« Previous Page Next Page »

Recent Posts

Polls

How ready is your business for health care reform?

View Results

The MBJ poll should not be considered a scientific one. Results reflect only the opinion of those who participate.

Loading ... Loading ...

Recent Comments