Posts Tagged ‘real estate’

Congress passes bill that eases flood insurance premium hikes

WASHINGTON — Less than two years after passing major legislation aimed at reforming the government’s much-criticized flood insurance program, Congress yesterday sent President Barack Obama a bill to scale back many of the resulting big flood insurance premium increases faced by hundreds of thousands of homeowners. The measure would also allow below-market insurance rates to […] [...]

Ground broken for apartments serving disabled, homeless veterans

BILOXI — Officials have broken ground on an apartment complex in Biloxi that will serve disabled, homeless veterans. HomePort II, the second phase of a project completed on the same site in December 2012, will have a total of six units to house disabled, homeless veterans. Representatives from the Federal Home Loan Bank of Dallas […] [...]

Landowner swaps land with Fish and Wildlife Service

CHARLESTON — The U.S. Fish and Wildlife Service (USFWS) has reached an agreement with landowner James Kennedy to exchange a 306-acre parcel of its land in Tallahatchie County for a tract of York Woods, Kennedy’s conservation-easement property. USFWS is acquiring land that appraises at a higher amount than the 306-acre parcel and will use it […] [...]

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 […] [...]

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 […] [...]

Real Estate schools are seeing classes get older

by Becky Gillette Published: February 17,2014

Tags: Business, education, Mississippi, real estate, school

While the number of real estate agents and brokers in Mississippi has declined by nearly a quarter since the recession began in 2007, many people are still interested in taking the training to become a licensed real estate agent. John Phillips, vice president of professional development\education director, Mississippi Association of Realtors (MAR), said over the […] [...]

Drop in agents, brokers stabilizing — Real Estate workforce had seen steady decline since 2007 recession

by Becky Gillette Published: February 17,2014

Tags: brokers, Business, Mississippi, real estate

The recession has taken its toll on the number of licensed sales agents in the state. According to the Mississippi Real Estate Commission, active licenses for salespersons declined from 5,245 in 2007 to 3,655 in 2013. Licensed brokers declined from 4,512 in 2007 to 3,275 in 2013. The total number of licenses regulated dropped from […] [...]

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 […] [...]

« 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