Posts Tagged ‘homes’

Average US 30-year mortgage rate slips to 4.28 pct

by For the MBJ Published: March 6,2014

Tags: Business, homes, housing, Mississippi, real estate

WASHINGTON — Average U.S. rates on fixed mortgages fell after three weeks of rises, edging closer to historically low levels. Mortgage buyer Freddie Mac said Thursday that the average rate for the 30-year loan declined to 4.28 percent from 4.37 percent last week. The average for the 15-year mortgage fell to 3.32 percent from 3.39 […] [...]

Distress sales continue to drag down state’s average home sale price tag

by Ted Carter Published: December 6,2013

Tags: Business, construction, homes, Mississippi, real estate

JACKSON, Mississippi — Mississippi’s October home prices climbed only 1.9 percent over October 2012. But once distressed sales are removed from the calculation, the state’s average home price climbs by 6 percent over the previous October, says CoreLogic, a California-based residential property information, analytics and services provider. CoreLogic’s statewide totals that include short-sales and foreclosure […] [...]

Pilgrimage officials report one of best years in decade

by Associated Press Published: April 15,2013

Tags: antebellum, city, culture, history, homes, municipal, municipality, tourism, tourist, vacation, visitor

NATCHEZ — Attendance was strong at Natchez’s Spring Pilgrimage. Pilgrimage Tours director Marsha Colson tells The Natchez Democrat that 2013 was the second-best season Natchez has seen in 10 years. Colson said tour sales were up over last year, and group tours did especially well this year. This year’s numbers are close to those in […] [...]

Commission scraps plans for historic district due to lack of funding

by Associated Press Published: June 18,2012

Tags: culture, historic district, history, homes, houses, preservation, property, real estate, residence

COLUMBUS — An effort to create a historic district for the Southside area has been scuttled due to a lack of funding. The Commercial Dispatch reports the Historic Preservation Commission had planned to seek a 50-50 matching grant of up to $10,000 from the Mississippi Department of Archives and History’s Historic Preservation Division to set […] [...]

Housing organization’s funding cuts could cost police jobs

NATCHEZ — Dramatic funding cuts for the Natchez Housing Authority have caused the authority to cut spending, which could include $60,000 for salaries of two Natchez police officers. Director Alan Ingram tells The Natchez Democrat the authority has paid the city $60,000 for several years for two extra patrol officers to provide security at the […] [...]

County sees single-family building permits soar in May

DESOTO COUNTY — Single-family building permits surged in May, driving up year-to-date activity and leaving DeSoto officials optimistic for a long-sought housing-industry turn-around. Planning director Ted Garrod tells The Commercial Appeal 85 single-family permits were recorded, with 28 in the unincorporated county. He says the latter is a 68 percent increase over last May’s figure […] [...]

Fitch upgrades rating on Old Republic, subsidiaries to ‘positive’

MADISON — Fitch Ratings has placed the ratings of Old Republic International Corporation’s (ORI) and its insurance company subsidiaries on rating watch positive. The ratings were previously on rating watch negative, where they had been placed Jan. 25, 2012. The rating includes Mississippi Valley Title Insurance Company of Madison, an ORI subsidiary. Fitch wrote in […] [...]

FNC index shows U.S. home prices up for first time since last July

OXFORD — FNC’s latest Residential Price Index (RPI) indicates that U.S. residential property values are up for the first time since July 2011, providing more evidence that the housing market is rebounding as the spring home-buying season is underway. Despite modest declines in March home sales, home prices — based on recorded sales transactions in […] [...]

Tax-forfeited properties up for bid in Port City

GREENVILLE — Eighty tax-forfeited parcels at a value of over $265,000 in the Greenville area up for bid, and Greenville Mayor Chuck Jordan and Secretary of State Delbert Hosemann held a joint press conference yesterday to market these lands. “Tax-forfeited properties are a drain on the community, the state and your local tax rolls,” said […] [...]

Coast city to appeal judge’s decision on proposed annexation

PASS CHRISTIAN — The city of Pass Christian plans to appeal a judge’s decision denying the city’s request to annex 5.4 square miles in Harrison County. That’s according to a court notice the city has filed. The Sun Herald reports the city will appeal to the state Supreme Court the ruling specially appointed Chancellor Hollis […] [...]

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