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: September 17,2012
Tags: authority, contractor, court, decision, embezzlement, home, homebuilder, homeowner, house, housing, judge, judicial, judiciary, kickback, probation, real estate, residence, resident, residential, ruling, sentence, sentencing
GREENVILLE — Contractor Jimmy Johnson has been given two years’ probation for his role in aiding and abetting embezzlement in a kickback scheme from a Mississippi Delta housing agency. He had faced up to 10 years in prison. The Delta Democrat Times reports Johnson and South Delta Regional Housing Authority director Ann Jefferson were indicted [...] [...]
by Associated Press Published: September 6,2012
Tags: dam, flood, flooding, home, house, hurricane. rain, lake, real estate, residence, resident, residential, strom, tropical, water, Weather
LAMAR COUNTY and PIKE COUNTY — Mississippi Emergency Management Agency says the release of water from two damaged dams in Lamar and Pike counties continues. MEMA director Robert Latham says while it uncertain how any additional rainfall may impact these dams, work will continue until the risk to the public is eliminated. Neither dam has [...] [...]
by MBJ Staff Published: August 30,2012
Tags: economy, home, house, market, price, real estate, recession, residence, resident, residential
OXFORD — FNC’s latest Residential Price Index (RPI) indicates that U.S. residential property values continue to gain traction amid signs of slower economic growth and a stagnant labor market. Home prices rose again in June for the fourth consecutive month. Nationwide, June home prices — based on recorded sales of non-distressed properties (existing and new [...] [...]
by Associated Press Published: May 7,2012
Tags: community development, culture, Heritage, historic, history, municipal government, residences, residential, residential real estate, residents, slave trade, slaves, townhouses
NATCHEZ — A developer wants to construct townhomes on land located next to the Forks of the Road historic site. The Natchez Democrat reports the Planning Commission voted 5-2 in January to approve a site plan for the 26-unit affordable townhouse development. Charter Companies of Oxford is the developer. Alderman Ernest “Tony” Fields says he [...] [...]
MISSISSIPPI GULF COAST — Mississippi Gulf Coast home sales finished 2011 on an upswing, with average sales prices up $8,000 in December and more homes sold than at the end of 2010. The Mississippi Gulf Multiple Listing Service report showed the average sales price of a home in South Mississippi was $124,694 in December. That [...] [...]
OXFORD — FNC Inc.’s latest Residential Price Index indicates U.S. home prices declined in August despite strong existing home sales during the month. This decline reverses a modest fourth-month long seasonal uptrend. Amid weak economic fundamentals, home prices — as well as a number of key leading housing indicators including new housing starts and building [...] [...]
RIDGELAND — The City of Ridgeland will seek legislative — and ultimately voter — approval for a 1 percent increase in the local sales tax to redevelop a southeastern area and reduce the number of apartment complexes. The tax would be very similar to the tourism tax currently levied on Ridgeland hotels, motels and restaurants, [...] [...]
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