Posts Tagged ‘residential’

Software company adding at least 100 jobs for Brazilian contract

OXFORD — A Mississippi software firm will add at least 100 jobs thanks to a Brazilian contract. FNC, which makes software to streamline mortgage lending, said it would do work for Cetip, a Brazilian firm that holds financial securities for others. FNC’s software will help Brazilian banks manage documents, cut costs and help original lenders […] [...]

Officials say citizens reconsidered, now want rezoning

D’IBERVILLE — D’Iberville officials have opened more land for economic development, changing the zoning on the southwest portion of the intersection of interstates 10 and 110 from mostly residential to commercial. The Sun Herald reports the city had tried to rezone the property a few years ago, but residents objected. Deonne Olier, city planning and […] [...]

FNC index shows U.S. home prices still on the rise

OXFORD — FNC’s latest Residential Price Index (RPI) indicates U.S. property values continue to rise. Home prices reached a 20-month high following a “robust” spring/summer home-buying season, FNC reports. In August, home prices rose for the sixth consecutive month, consistent with signs of strengthening market conditions that are led by rising existing-home sales and declining […] [...]

Court upholds conviction of ex-mortgage broker Persac

JACKSON — A federal appeals court has upheld the conviction of former mortgage broker Michael Persac Persac and former broker Jason Ellis were convicted in 2011. They were both ordered to prison and were ordered to forfeit more than $3 million and pay more than $781,000 in restitution. A three-judge panel of the 5th U.S. […] [...]

Chaney expects insurers to pay only $24M for Isaac damage

ACROSS MISSISSIPPI — Private insurers expect to pay more than $24.3 million in claims in Mississippi as a result of Hurricane Isaac, Insurance Commissioner Mike Chaney says. Chaney says that as of yesterday, Mississippi’s 21 largest insurers had received 9,400 claims and paid $8.6 million. That’s tiny compared Hurricane Katrina’s $41 billion in insured damage […] [...]

FNC: U.S. home prices up year-over-year for first time since bust

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, […] [...]

Contractor gets probation for role in housing kickback scheme

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 […] [...]

Authorities continue effort to save two Isaac-damaged dams

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 […] [...]

FNC index shows U.S. home prices still rising

by 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 […] [...]

Developer wants to build townhouses near Forks of the Road

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 […] [...]

« Previous Page Next Page »

Recent Posts

Polls

How ready is your business for health care reform?

View Results

The MBJ poll should not be considered a scientific one. Results reflect only the opinion of those who participate.

Loading ... Loading ...

Recent Comments