by MBJ Staff Published: March 21,2013
Tags: Business, federal agency, federal government, flood, flood insurance, flooding, home, house, insirance, lawmaker, legislation, legislative, levee, residence, Senator
WASHINGTON, D.C. – U.S. Sens. Thad Cochran (R-Miss.) and Mark Pryor (D-Ark.) are citing a newly released study of the federal flood insurance program in support of their ongoing efforts to prevent homeowners and businesses from being forced to purchase flood insurance policies if they are already protected by accredited levees. The senators responded to [...] [...]
by Associated Press Published: February 27,2013
Tags: bank, banking, banking and finance, case, contractor, court, fraud, home, house, housing, justice, law, legal, mayor, real estate, residence, residential, trial
SOUTHAVEN — Former Southaven city contractor James Malcolm Harris Jr., who has business ties to Mayor Greg Davis and was recently indicted on bank fraud charges, has had his federal trial reset for Sept. 9. Harris’ attorney, David Hill, asked the court to delay a March 4 trial, saying they needed more time to prepare [...] [...]
by Associated Press Published: February 20,2013
Tags: city government, Commercial Real Estate, film, movie, movie theater, municipal, municipality, protest, real estate, residence, resident
OLIVE BRANCH — Officials have blocked a movie theater developer’s attempt to put a cinema at the wooded rear of the golf course community of Wedgewood. The Commercial Appeal reports the controversial plans by cinema developer Ambarish A. Keshani drew about 100 area residents to yesterday’s Olive Branch Board of Aldermen meeting to speak in [...] [...]
by Associated Press Published: February 19,2013
Tags: attorney, bank fraud, banking, contractor, home, house, judicial, judiciary, justice, law, lawyer, legal, loan, real estate, real estate development, residence, subdivision, trial
OXFORD — Former Southaven city contractor James Malcolm Harris Jr., who was recently indicted on bank fraud charges, has requested that his March 4 trial be postponed to give his attorney enough time to prepare for the case. The Commercial Appeal reports Harris’ attorney, David Hill, filed a motion for a continuance on Feb. 15 [...] [...]
by MBJ Staff Published: February 19,2013
Tags: foreclosure, home, home price, house, housing, mortgage, real estate, report, residence, residential
OXFORD — Though home foreclosures continue to be a challenge in many hard-hit markets, a report released by mortgage technology company FNC indicates the ongoing housing recovery should continue for the long haul. According to FNC’s Foreclosure Market Report, foreclosure prices have bottomed out in recent months and the foreclosure market has stabilized while underlying [...] [...]
by Associated Press Published: February 18,2013
Tags: bill, home, home inspection, home inspecvtor, house, land, legislation, legislative, legislator, property, real estate, residence, state government
JACKSON — The state Senate has unanimously approved a bill to give the real estate business oversight over home inspectors in Mississippi. That would put the people most interested in selling homes in charge of regulating and licensing those who are supposed to warn consumers away from houses with major problems, home inspectors tell The [...] [...]
OXFORD — The latest FNC Residential Price Index (RPI) shows continuing momentum in the U.S. housing market with home prices rising to a two-year high in December. Despite an unexpected deceleration in economic growth, the ongoing housing recovery has maintained its pace with steady gains in home prices, sending the index up 5.4 percent year [...] [...]
by Associated Press Published: February 5,2013
Tags: commission, developer, home, house, investigation, probe, real estate, residence, residential, state agency, subdivision
SOUTHAVEN — The Mississippi Real Estate Commission plans to open an investigation into the dealings of DeSoto County developer Chuck Roberts after Roberts pleaded guilty last week to a federal bank fraud charge involving a Southaven subdivision. Roberts, 46, pleaded guilty to bank fraud last Thursday in federal court in Oxford. Roberts was accused of submitting [...] [...]
by Associated Press Published: January 28,2013
Tags: city government, construction, higher education, homebuilder, homebuilding, house, municipal, municipality, permit, real estate, residence, residential real estater, single family home, student, university
OXFORD — A new report shows the number of permits issued for single-family homes in Oxford more than tripled in 2012, jumping from 61 in 2011 to 224 in 2012. Chris Carter, building inspector for the city, tells the Oxford Eagle much of the increase was due to student-geared housing developments with cottages that are [...] [...]
by Associated Press Published: January 16,2013
Tags: bank, banker, banking, board of supervisors, bond, county government, default, elected official, finance, financial institution, health care, hispital, home, homeowner, homestead exemption, house, mill, millage, public official, residence, resident, supervisor, tax, taxpayer
NATCHEZ — Natchez Regional Medical Center wants to take Adams County’s taxpayers off the hook as cosigners for its revenue bond. The Natchez Democrat reports the Mississippi Development Bank in 2006 required the hospital to show collateral before it would reissue the revenue bond. Adams County pledged a 5-mill standby tax that would not be [...] [...]