Posts Tagged ‘house’

FNC index: Home prices continue moderate rise

OXFORD — The latest FNC Residential Price Index (RPI) shows U.S. home prices continuing to rise at a modest pace despite at a flatter rate when compared to the spring and summer months. This trend largely reflects a decline in housing activity. The index, constructed to gauge underlying property value based on non-distressed home sales […] [...]

Cochran ‘encouraged’ by effort to stop flood insurance reforms

WASHINGTON, D.C. – U.S. Sen. Thad Cochran (R-Miss.) says he is encouraged by the growing momentum for the Senate to consider bipartisan legislation he helped write to stop flood insurance reforms that are having unintended and harmful economic consequences throughout Mississippi and other states. Cochran met with dozens of local officials and business leaders in […] [...]

City officials targeting blighted property

COLUMBUS — The City Council has appointed a task force to study Columbus’ problem with dilapidated properties and vacant lots. The Commercial Dispatch reported the request to set up a committee came from Councilman Kabir Karriem. He said the city needs to closely examine blighted areas and consider the possibility of incentives for redevelopment to […] [...]

Supervisors call meeting to discuss Section 42 housing tax dispute

MCCOMB — Pike County supervisors want to meet with owners of Section 42 housing to settle a tax dispute that could cost the county thousands of dollars. Section 42 is housing, low-income apartment complexes whose developers get tax credits for building them. For years counties factored in the tax credits when calculating the apartments’ income […] [...]

Delta city sets shorter deadline for owners of blighted property

LELAND — The town of Leland is giving owners of dilapidated homes less time to decide what to do with them. The board of aldermen this week voted to give owners of structures that are candidates for condemnation 15 days to produce a written agreement with a contractor stating that work would begin within 60 […] [...]

County sees most building permits since recession

DESOTO COUNTY — Single-family building permits across DeSoto County recorded for October put the county over the 730 total for all of 2012, which was the highest year for such permits since pre-recession years. Tom Haysley, deputy planning director for the county, says 82 single-family permits in October 2013 brought the year-to-date total to 733. […] [...]

FNC: Home prices show ‘strong growth’ during third quarter

OXFORD — The latest FNC Residential Price Index (RPI) shows strong growth of home prices during the third quarter of 2013 as the housing recovery continues to broaden across the country. The index, constructed to gauge the price movement among the underlying non-distressed home sales, increased 2.5 percent between the second and third quarters, making […] [...]

Beach lot sales slump; average time on market grows to two years

MISSISSIPPI GULF COAST — For-sale signs sprout like flowers along beach properties in the three Coast counties. The Sun Herald reports only six residential lots and three commercial lots on the beach in Harrison County sold in the last 12 months through the Mississippi Gulf Coast Multiple Listing Service. The average time on the market […] [...]

Owner of historic house given deadline for renovations

VICKSBURG — Beck House owner Robert Rosenthall has until Dec. 15 to complete renovations to the house and clean the property. The Vicksburg Post reports that the Board of Mayor and Aldermen set the deadline and ordered Rosenthall to come back with a progress report on Nov. 25. Rosenthall told city officials he would be […] [...]

FNC report: U.S. home prices still on the rise

OXFORD — The latest FNC Inc. Residential Price Index (RPI) shows continued growth of home prices in August as the U.S. housing recovery remains well underway. The index moved 0.6 percent higher from the previous the month, making August the 18th consecutive month of rising home prices. According to the FNC RPI, August home prices […] [...]

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