Posts Tagged ‘Tampa’

Last again: Insurance Institute gives state nation’s lowest grade for hurricane-resistant structures

The absence of a statewide building code makes Mississippi the most vulnerable of the 18 Atlantic and Gulf coast states deemed most hurricane-prone, the Insurance Institute for Business & Home Safety says. In rating the states, the Institute gave Mississippi a grade of 4 out of a possible 100. By comparison, Virginia and Florida, both [...] [...]

EastGroup Properties’ profit rises in first quarter of 2012

by Associated Press Published: April 20,2012

Tags: EastGroup, FactSet, Florida, JACKSON, Mississippi, Mississippi Business Journal, Orlando, Phoenix, Tampa

JACKSON — EastGroup Properties’ profit rose in the first quarter, but not as much as analysts expected. The real estate investment trust said Thursday that quarterly profit rose to $5.4 million, or 20 cents per share. That’s up 13 percent from $4.8 million, or 18 cents per share, in year-ago quarter. Analysts polled by FactSet [...] [...]

U.S. housing prices still declining but at slower pace

Oxford real estate data firm FNC’s Residential Price Index(RPI) released Wednesday indicates that U.S. residential property values declined in December amid signs of continued improvement in the job market and economic growth. With sales of distressed properties comprising a large portion of overall home sales, prices on non-distressed sales continued to reflect the downward pressure [...] [...]

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