Mississippi Business Journal » Tampa

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

Ted Carter — Sun, 17 Jun 2012 06:00:41 +0000

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 [...]

The post Last again: Insurance Institute gives state nation’s lowest grade for hurricane-resistant structures appeared first on Mississippi Business Journal.

EastGroup Properties’ profit rises in first quarter of 2012

Associated Press — Fri, 20 Apr 2012 14:23:40 +0000

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 [...]

The post EastGroup Properties’ profit rises in first quarter of 2012 appeared first on Mississippi Business Journal.

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

Ted Carter — Fri, 24 Feb 2012 17:19:37 +0000

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 [...]

The post U.S. housing prices still declining but at slower pace appeared first on Mississippi Business Journal.