by Associated Press Published: February 8,2013
Tags: build, builder, building, building material, construction, contractor, court, decision, drywall, home, house, judge, justice, law, legal, residential real estate, ruling
NEW ORLEANS — A federal judge has approved five class-action settlements that call for a Chinese drywall manufacturer and others to pay hundreds of millions of dollars to repair homes damaged by the product, attorneys for thousands of Gulf Coast property owners said. U.S. District Judge Eldon Fallon in New Orleans held a hearing in [...] [...]
by Associated Press Published: January 28,2013
Tags: construction, court, crime, criminal, damage, fraud, home, homebuilder, homebuilding, homeowner, house, hurricane, judge, judicial, justice, law, legal, prison, repair, residential real estate, sentence, strom
WIGGINS — A former Wiggins businessman has been sentenced to serve 12 years in prison for defrauding south Mississippi homeowners who had hired him to fix their properties after Hurricane Katrina struck in 2005. Harrison County Circuit Judge John Gargiulo sentenced 53-year-old Charles Lynn Reeder earlier this week to a total of 15 years in [...] [...]
by Associated Press Published: January 24,2013
Tags: cleanup, contaminate, contamination, environment, federal agency, home, homeowner, house, manufacture, manufacturer, manufacturing, plant, pollutant, pollution, public health, reisdence, residential real estate, state agency, wildlife
HATTIESBURG — Officials have been conducting testing at and near the former Hercules plant to determine whether contaminants have spread into surrounding neighborhoods. Testing is being conducted by officials with the state Department of Environmental Quality, the Environmental Protection Agency and Ashland Inc., Hercules’ parent company at wells within a half-mile radius of the former [...] [...]
by MBJ Staff Published: January 15,2013
Tags: home, homeowner, house, law enforcement, loan, mortgage, real estate, residence, resident, residential real estate, settlement
JACKSON — Attorney General Jim Hood is reminding Mississippians that all claims applications covered by the National Mortgage Settlement are due Jan. 18. The State of Mississippi joined 49 other states in a $25-billion joint state-federal mortgage servicing settlement with the nation’s five largest mortgage servicers over unacceptable mortgage servicing practices. Mississippi was awarded $47.1 [...] [...]
by MBJ Staff Published: September 20,2012
Tags: economy, home, home price, homeownership, house, index, real estate, report, residence, residential, residential real estate
OXFORD — FNC’s latest Residential Price Index (RPI) indicates U.S. residential property values continue to climb, capturing a fifth consecutive monthly gain as the result of rising demand. More notably the index shows that for the first time since the housing market collapsed in 2007, home prices are beginning to recover on a year-over-year basis, [...] [...]
by Associated Press Published: August 28,2012
Tags: beach, bench, Commercial Real Estate, decision, judge, judicial, judiciary, lawsuit, marina, outdoors, property, real estate, recreation, residential real estate, ruling, state government
BAY ST. LOUIS — The Murphy family’s legal battle over the future the marina site in Bay St. Louis will continue now that Secretary of State Delbert Hosemann’s motion to dismiss has been denied. Hancock County Circuit Judge Lisa P. Dodson ruled the secretary of state did not properly support the motion to dismiss the [...] [...]
by MBJ Staff Published: August 15,2012
Tags: acquisition, expansion, home, house, land, merger, property, real estate, residence, residential real estate
MISSISSIPPI GULF COAST — Fort Worth, Texas-based D.R. Horton Inc., America’s Builder, has acquired the homebuilding operations of Breland Homes, which operates in Huntsville, Mobile and Baldwin County in Alabama and along the Mississippi Gulf Coast. Terms were not disclosed. The homebuilding operating assets included approximately 320 homes in inventory and 1,020 finished lots. D.R. [...] [...]
by MBJ Staff Published: July 20,2012
Tags: city, Commercial Real Estate, community development, county government, developer, downtown, economic development, mixed-use development, municipal government, municipality, office space, real estate, residential real estate
JACKSON — Full Spectrum, the master developer of the proposed mixed-use project in downtown Jackson called Old Capital Green, reports the firm was surprised by a recent Hinds County Board of Supervisors vote that puts the project in doubt. The Hinds County Board of Supervisors voted July 16 to not support the development of the [...] [...]
by Associated Press Published: July 18,2012
Tags: buyout, county government, elevation, federal aqgency, federal government, flood, flooding, home, homeowners insurance, house, hurricaner, insurance, land, property, real estate, residence, residential real estate, severe weather, tropical weather, Weather
JACKSON COUNTY — Eighty-six properties in Jackson County could be eligible for the federal government’s home elevation or buyout program. The Mississippi Press reports supervisors were told this week that notices would be sent out to eligible property owners to determine if they are interested. In February, the county hired Thompson Consulting Services to submit [...] [...]
by Associated Press Published: July 17,2012
Tags: Commercial Real Estate, community development, condominium, county government, development, downtown, mixed-use development, office space, real estate, residence, residential real estate, residents, retail, small business
JACKSON — Plans for a $1 billion revitalization project for downtown Jackson have been thrown into doubt because of a decision by Hinds county officials to back out. The proposed Old Capitol Green project included office, residential and retail space and a 450-space parking garage. The Clarion-Ledger reports county supervisors voted 3-1 to bow out [...] [...]