Archive for the ‘REAL ESTATE – Market Sector’ Category

FNC index shows U.S. property values rose again in February

by MBJ Staff Published: April 16,2013

Tags: home, house, land, mortgage, mortgage technology, property, real estate, residence, residential real estate, value

OXFORD — The latest FNC Residential Price Index (RPI) indicates that U.S. property values rose again in February, continuing a trend that began in the spring of 2012, which has become widely recognized as the beginning of the housing market’s recovery. In February, the FNC RPI recorded a 28-month high after rising for 12 straight [...] [...]

New law adds wild hog control to state beaver program

ACROSS MISSISSIPPI — Farmers and wildlife officials say wild hogs are roaming throughout the state, damaging crops and land. As a result, Gov. Phil Bryant signed a bill that adds wild hogs to the state beaver-control program. Beginning July 1, a Beaver and Wild Hog Control Advisory Board will be created to come up with [...] [...]

Alternative fuel company trying to sell real estate

by Associated Press Published: April 9,2013

Tags: alternative fuel, energy, fuel, land, plant, property, real estate, REFINERY, sale, sell, site

NATCHEZ — Rentech is asking $8.5 million for the 478 acres in Adams County where it once planned to build an alternative fuels plant to convert coal into liquid. Natchez real estate broker Glenn Green, one of the three listed on the property, tells the Natchez Democrat there has been some offers on the property [...] [...]

Trustee to auction off closed casino, some inventory

by Associated Press Published: April 9,2013

Tags: auction, bankrupt, bankruptcy, casino, Commercial Real Estate, gamble, gambler, gaming, sale, sell, trustee

VICKSBURG — The trustee in the bankruptcy liquidation case of a closed Vicksburg casino boat will auction off the vessel and some its inventory on April 25. The Vicksburg Post reports a court hearing for creditors of the former Grand Station Casino will be heard again May 3. In March, U.S. Bankruptcy Judge Neil P. [...] [...]

Cleanup of debris from Feb. 10 tornado almost complete

PINE BELT — Officials are nearing the end of the debris cleanup from the Feb. 10 tornado that struck northeastern Lamar County, Hattiesburg and Petal. The Hattiesburg American reports Petal wrapped up its debris cleanup efforts March 22. Mayor Hal Marx says the cleanup tab was approximately $100,000. In Hattiesburg, John Brown, assistant to the [...] [...]

Insurance firm found guilty of Katrina-related fraud

GULFPORT — A federal jury has found State Farm Fire and Casualty Co. committed fraud against the federal government and submitted a false record to support fraud after Hurricane Katrina. The Sun Herald reports the verdict came after the eight-member jury deliberated for three hours Monday in a whistleblower lawsuit. The decision potentially opens for [...] [...]

Ground broken for public transit maintenance facility

CHOCTAW — The Mississippi Band of Choctaw Indians (MBCI) and the Mississippi Department of Transportation (MDOT) have broken ground for the Choctaw Regional Maintenance Facility. The 13,960-square-foot comprehensive regional maintenance center will be constructed by the tribe on tribal lands. The facility will provide services for tribally owned transit vehicle, tribal fleet vehicles and other [...] [...]

Demolition of factory ongoing; creating greenspace by river

by Associated Press Published: April 8,2013

Tags: acriculture, city government, demolition, factory, food, greenspace, manufacture, manufacturer, manufacturing, nut, Pecan

NATCHEZ — The city of Natchez is converting the site of an old pecan factory in the Mississippi River bluff into greenspace. The Natchez Democrat reports workers have been removing the concrete foundation, retaining walls and driveway at the factory site. Mayor Butch Brown said once the concrete is removed and the site cleaned up, [...] [...]

Law gives county investment option in selling of hospital

COLUMBUS — Lowndes County will have more flexibility to invest funds from the sale of a local hospital under a bill signed by Gov. Phil Bryant. The Commercial Dispatch reports the county had invested the $30 million it received from the 2001 sale of the county hospital in a certificate of deposit. The 5.2 percent [...] [...]

Credit union participating in national homeownership campaign

JACKSON — HOPE (Hope Enterprise Corporation/Hope Credit Union) has helped launch Home Matters, a national movement to build public support for the concept of homeownership. Home Matters is spearheaded by the National NeighborWorks Association (NNA), a coast-to-coast coalition of housing and community development organizations, other nonprofits, companies and the public at large. The launch took [...] [...]

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