Posts Tagged ‘real estate’

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

by 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

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 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 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 […] [...]

MBJ February 14th Digital Edition

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

by Published: February 7,2014

Tags: Business, Mississippi, real estate, Stennis

Residential real estate rents are on the rise, interest rates are low and the stock market is scary. So is now the time to buy that residential investment property? Nationwide, landlords raised rents by an average of 0.8 percent to $1,083 a month in the most recent quarter, according to a report by Reis Inc., […] [...]

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. […] [...]

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

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 […] [...]

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