Posts Tagged ‘residential’

Real estate developer pleads guilty to bank fraud

OXFORD — DeSoto County developer Chuck Roberts has pleaded guilty in federal court to bank fraud charges. The Commercial Appeal reports Roberts entered his plea at a hearing in Oxford yesterday. He pleaded guilty to one count charging him with submitting fake documents and making false statements to an area bank to get money from […] [...]

Contents of historic mansion going on block

PORT GIBSON — The contents of an Old South mansion in Port Gibson are going up for sale. An estate tag sale is set for Feb. 1-3 at the historic Oak Square home. The Clarion-Ledger reports Oak Square was once the town home of a cotton planter. It was later divided into apartments. More recently […] [...]

FNC index shows continuing rise in U.S. home prices

OXFORD — The latest FNC Residential Price Index (RPI) shows that the recovery of U.S. property values has continued through November — the ninth consecutive month of price gains driven largely by rising homes sales and moderate economic growth. An imbalance between rising demand and limited supply continues to be an important factor for sustained […] [...]

Developer with ties to Davis to enter plea to an undisclosed charge

SOUTHAVEN — Federal court records show developer Charles “Chuck” Roberts III will waive an indictment and enter a plea to Jan. 31 in Oxford to an undisclosed charge. Roberts is a longtime developer in DeSoto County and a close friend of Southaven Mayor Greg Davis. Roberts is also the public address announcer for Tigers’ basketball […] [...]

Neighborhood named to National Register by Interior

JACKSON — The Belhaven neighborhood in Jackson has been placed on the National Register of Historic Places. The Department of the Interior has approved the addition of the Belhaven Historic District on the recommendation a Mississippi preservation board. The Belhaven neighborhood dates back to the early 1900s when it was a small residential development when […] [...]

Public hearing called to discuss subdivision development

VICKSBURG — Warren County will hold a public hearing on Jan. 22 on proposed changes to the county’s ordinance on subdivision development. The Vicksburg Post reports versions of a revised ordinance have discussed by the board of supervisors for months. The county is considering a prohibition on the sale of residential lots until roads are […] [...]

FNC index shows improving U.S. property values

OXFORD — U.S. property values continue to show signs of improvement, in line with indications of continued expansion in economic activity and better employment rates in recent months, according to FNC’s latest Residential Price Index (RPI). Favorable developments in the housing sector, including declining foreclosure activities and rising home sales, have contributed to the continued […] [...]

FNC report finds improving liquidity in for-sale market

OXFORD — Liquidity conditions in the nation’s residential for-sale market are generally improving, according to a report released by mortgage technology company FNC. The report, built from FNC’s For-Sale-Observations Database that captures more than 60 percent of the for-sale market, indicates the median asking price among for-sale properties is up 8.6 percent since January and […] [...]

New land-use code could spur development

TUPELO — A new development code in Tupelo will allow more mixing of land uses. The code is expected to go to a vote in January, reports the Northeast Mississippi Daily Journal. If the City Council adopts the code, a transition period will follow. During that time, developers will be able to choose which code […] [...]

County petitioning FEMA to enter ‘buyout’ program

PICAYUNE — Pearl River County officials say about 25 properties could be eligible for a “buyout” program to help some flood-prone residents. County planner Ed Pinero Jr. tells the Picayune Item about six property owners so far have said they want to participate in the program. The Federal Emergency Management Agency would have to approve […] [...]

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