Mississippi Business Journal » residence

FNC index: Housing sees 13th consecutive price increase

MBJ Staff — Fri, 17 May 2013 13:04:25 +0000

OXFORD — The latest FNC Residential Price Index (RPI) shows the U.S. housing market continued to recover, recording in March the 13th consecutive price increase. In recent months, the ongoing housing recovery has maintained its pace with steady and persistent gains in home prices despite signs of continued job market weakness and soft economic growth, [...]

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City, state to hold second sale of tax-forfeited property

MBJ Staff — Fri, 17 May 2013 12:07:06 +0000

GREENVILLE — Secretary of State Delbert Hosemann and Greenville Mayor John Cox are hoping the second round of tax-forfeited land sales in Greenville will be just as successful as the first. In a joint press conference, Hosemann and Cox announced the public sale of another 94 parcels of tax-forfeited land, valued at $210,000. “I would [...]

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Commission wants home to be national landmark

Associated Press — Thu, 16 May 2013 21:07:42 +0000

OXFORD — The Oxford Historic Preservation Commission wants the 165-year-old antebellum Shaw House registered as a national landmark so someone will buy and restore it. The home was built in 1848 by Oxford brick maker Dave Kennedy and has been in the Shaw family since 1929. It’s located on 5.8 acres of land and is [...]

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Panel rejects appeal in global warming/Katrina lawsuit

Associated Press — Wed, 15 May 2013 16:49:14 +0000

MISSISSIPPI GULF COAST — A federal appeals panel has upheld the dismissal of a lawsuit filed by a group of Mississippi Gulf Coast residents and landowners who alleged that emissions by energy companies contributed to global warming, which intensified Hurricane Katrina, which, in turn, damaged their property. In the lawsuit, the landowners sought compensatory and [...]

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MDA adds $40M to Katrina fund for omitted neighborhoods

Associated Press — Wed, 15 May 2013 11:16:53 +0000

MISSISSIPPI GULF COAST — The Mississippi Development Authority has added $40 million to the post-Katrina Neighborhood Home Program to reach eligible residents initially left off the list. Under the program, contractors are repairing Katrina-damaged homes not covered by previous disaster assistance. Jon Mabry, chief operations officer of MDA’s recovery division, told The Sun Herald 1,200 [...]

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County buying four flood-proned homes through MEMA

Associated Press — Mon, 13 May 2013 11:36:42 +0000

PEARLINGTON — Hancock County’s buy-out program has finally gotten off the ground. Four homes in the Pearlington community are currently in the process of being purchased through the Mississippi Emergency Management Agency program. County leaders tell WLOX-TV they will have up to $10 million to purchase as many repetitive loss properties as they can. Supervisor [...]

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State Farm appeals Katrina-related whistleblower lawsuit ruling

Associated Press — Thu, 09 May 2013 17:21:09 +0000

GULFPORT — State Farm Fire and Casualty Co. has asked a judge to void a jury’s finding that the company defrauded the government involving a policyholder claim after Hurricane Katrina. Motions filed in U.S. District Court in Gulfport also seek a new trial The verdict came in April in a whistleblower lawsuit against the Illinois- [...]

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Students design home that makes power, water, food

MBJ Staff — Fri, 03 May 2013 11:25:10 +0000

STARKVILLE — Mississippi State University architecture students designed a sustainable home that can provide its own electricity, water supply and food for a family of four. In the final project of a sustainable design class, the students turned theoretical principles into a practical home and landscape. They designed all aspects of a self-supporting, modern homestead, [...]

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Board of Contractors, AG warn of crooked contractors

MBJ Staff — Thu, 02 May 2013 12:41:15 +0000

JACKSON — Following a series of recent storms, the Mississippi State Board of Contractors (MSBOC) and the Mississippi Attorney General’s Office (MSAGO) are joining forces to send a message to crooked contractors that bad business won’t be tolerated in the Magnolia State and violators will be prosecuted. “Mississippi has been hit hard by storms in [...]

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Hailstorm claims exceed $209M; Chaney expects more

MBJ Staff — Thu, 25 Apr 2013 12:29:53 +0000

METRO JACKSON — The latest report from Mississippi’s major insurance carriers on the March hailstorm to the Mississippi Insurance Department (MID) shows that both claim and payment numbers continue to rise. As of the April 15 reporting period over 56,000 homeowner and automobile damage claims have been filed and claims payments are at $209.4 million, [...]

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