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 [...] [...]
by Associated Press Published: June 14,2012
Tags: funding, funding cuts, funds, homes, houses, housing, housing authority, jobs, law enforcement, municipal government, police, real estate, residences, residential real estate, residents, salaries, security
NATCHEZ — Dramatic funding cuts for the Natchez Housing Authority have caused the authority to cut spending, which could include $60,000 for salaries of two Natchez police officers. Director Alan Ingram tells The Natchez Democrat the authority has paid the city $60,000 for several years for two extra patrol officers to provide security at the [...] [...]
by MBJ Staff Published: May 28,2012
Tags: debt, fraud, homebuyers, homes, houses, laons, mortgages, property, ratings, real estate, residences, residential real estate, residents
MADISON — Fitch Ratings has placed the ratings of Old Republic International Corporation’s (ORI) and its insurance company subsidiaries on rating watch positive. The ratings were previously on rating watch negative, where they had been placed Jan. 25, 2012. The rating includes Mississippi Valley Title Insurance Company of Madison, an ORI subsidiary. Fitch wrote in [...] [...]
by Associated Press Published: May 16,2012
Tags: annex, annexation, appeal, bench, courts, homes, judges, judicial, judiciary, land, municipal government, property, real estate, residences, residents, taxes
PASS CHRISTIAN — The city of Pass Christian plans to appeal a judge’s decision denying the city’s request to annex 5.4 square miles in Harrison County. That’s according to a court notice the city has filed. The Sun Herald reports the city will appeal to the state Supreme Court the ruling specially appointed Chancellor Hollis [...] [...]
by Associated Press Published: May 16,2012
Tags: downtown, homes, houses, music, nightclubs, nightlife, noise, residences, residents, restaurants, tourism, tourists, vacationing, vacations, vactioners, visitors
OCEAN SPRINGS — The Ocean Springs Board of Aldermen has passed a noise ordinance. Last night’s vote came after another round of public comment, most of it against some aspect of the new law. The Sun Herald reports even the board was split on aspects of it and the vote was 5-2. But the city [...] [...]
by Associated Press Published: May 14,2012
Tags: Commercial Real Estate, construction, development, homes, houses, land, municipal government, property, proposals, real estate, residences, residential real estate, residents, riverfront, rtetail
PASCAGOULA — The Pascagoula Redevelopment Authority is soliciting proposals from developers for the city’s riverfront site, an office, retail and residential development. Jim Estabrook, chairman of the authority, tells The Mississippi Press the request for proposals is a significant move toward a goal of having construction start in five months. The authority is seeking proposals [...] [...]
by Associated Press Published: May 7,2012
Tags: home insurance, homeowners, homeowners insurance, homes, houses, hurricanes, insurance, residences, residential real estate, residents, severe weather, tropical weather, Weather, wind coverage
MISSISSIPPI GULF COAST — Traditional insurance companies are still generally avoiding coastal risks. But a few companies new to Mississippi’s coastal market are writing wind coverage for well-built homes near the waterfront. So are insurance carriers that are not licensed in Mississippi. Angelyn Treutel is an independent insurance agent and vice president of the agency [...] [...]
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 [...] [...]
by MBJ Staff Published: April 30,2012
Tags: economy, home prices, homeowners, homes, houses, real estate, recession, residences, residential real estate, residents
OXFORD — FNC’s latest Residential Price Index (RPI) indicates that U.S. residential property values continued to show signs of persistent weakening, ending in February with a seventh consecutive month-to-month decline. Despite sharply rising activities in existing home sales and new housing starts from a year ago, prices on non-distressed home sales (excluding foreclosure auction sales, [...] [...]
PASS CHRISTIAN — Two Pass Christian officials say that residents in a proposed annexation area in Harrison County would benefit from city services and discounts on insurance. The Sun Herald reports the trial in which Pass Christian is attempting to annex 5.4 miles of the Pineville-Cuevas community in the county is expected to last two [...] [...]
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