Posts Tagged ‘residence’

Concerns still high about possible flood insurance hikes

GREENVILLE — Henry Nathaniel has escaped the rising tide of flood insurance costs for now, but he’s still worried. The retired 70-year-old owns a 1,650-square-foot house valued at less than $50,000 on Greenville’s north side. He was already paying a relatively steep $550 a year to the National Flood Insurance Program. Then he got a […] [...]

Home repairman violates court order, gets jail time

BAY ST. LOUIS — A Hancock County resident has been incarcerated based on the revocation of his 2012 false pretenses conviction, according to Attorney General Jim Hood. Brad Dale Strong, 34, of Bay St. Louis was brought before Circuit Judge John Gargiulo in Hancock County by the Mississippi Attorney General Office’s Consumer Protection Division. Strong […] [...]

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 […] [...]

Cochran supports House’s version of flood insurance bill

WASHINGTON, D.C. – U.S. Sen. Thad Cochran (R-Miss.) is praising the passage of legislation in the House of Representatives that, like a Senate-passed bill he helped write, would protect homeowners, businesses and communities from unreasonable flood insurance premiums without jeopardizing the stability of the National Flood Insurance Program (NFIP). Cochran said the Homeowner Flood Insurance […] [...]

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 […] [...]

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 […] [...]

FNC index: U.S. home prices show fastest growth since 2012

by Published: February 18,2014

Tags: FNC Inc, home, home price, house, mortgage, residence, residential real estate

OXFORD — The latest FNC Residential Price Index (RPI) shows U.S. home prices continue to rise. As of December, the RPI indicates the fastest year-over-year growth since the recovery began in early 2012. The index, constructed to gauge price movement among normal home sales exclusive of distressed properties, was up 0.3 percent in December — […] [...]

CoreLogic: State ranks third in nation in decreased home prices

CoreLogic has released its December CoreLogic Home Price Index (HPI) report. Year over year, home prices nationwide, including distressed sales, increased 11 percent in December 2013 compared to December 2012. This change represents the 22nd consecutive monthly year-over-year increase in home prices nationally. On a month-over-month basis, home prices nationwide, including distressed sales, decreased by […] [...]

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 […] [...]

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 […] [...]

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