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Mississippi affiliates help Habitat become nation’s 6th largest builder
Habitat for Humanity affiliates in Mississippi built or fixed up 188 homes in 2011, helping to make Habitat the nation’s sixth largest homebuilder. The Christian-based organization has 40 affiliates in the state and more than 1,500 nationally. “I am profoundly impressed by the ongoing faithfulness, ingenuity and hard work of our affiliates,” said Trey Jones, [...]
Continue reading...Churchill Mortgage makes Mississippi entry with Tupelo location
14. May 2012
Fast-growing Churchill Mortgage will celebrate the grand opening of its first Mississippi location with the grand opening of its Tupelo branch Thursday. The grand opening will be from 3 p.m. to 6 p.m. at 339B East Main St., Suite 1. Churchill, a Nashville, Tenn., company that specializes in loan origination, processing and closing services, turns [...]
Continue reading...Mississippi Realtors joining in DC rally to spotlight homeownership policies
10. May 2012
Realtors from Mississippi and elsewhere across the country will gather in front of the Washington Monument May 17 to express disappointment and frustration with federal home ownership policies. Dubbed “The Rally to Protect the American Dream,” the idea is to assemble a sea of 10,000 blue-shirted Realtors to push Congress and the White House to [...]
Continue reading...Sears shutting down Metrocenter store May 6
1. May 2012
Sears will end its presence as a full-line retailer in Jackson May 6 with the closing of its 240,000 square-foot Metrocenter Mall store. Liquidation of merchandise has been under way for several weeks and will end |Sunday, a spokeswoman for the national retailer said Monday. The closing leaves Sears’ with only a handful of small [...]
Continue reading...Development in distressed times is CCIM forum topic
25. April 2012
Development in a downturn will be addressed Thursday, April 26, when commercial real estate professionals from all corners of Mississippi gather in Jackson for a forum organized by the Mississippi Chapter of CCIM. Registration is still being accepted for the three-hour workshop titled “Development in a Downturn: From the Ground Up to Distressed Development.” The [...]
Continue reading...Foreclosures, late mortgages declined across state in December
13. March 2012
Foreclosure rates in Jackson and Mississippi as a whole have decreased for the month of December over the same period last year, new data from CoreLogic shows. California real estate research firm CoreLogic data reveals that the rate of Jackson area foreclosures among outstanding mortgage loans was 2.41 percent for December 2011, a decrease of [...]
Continue reading...Golden Nugget coming to Biloxi with conversion of Isle Casino
5. March 2012
Golden Nugget Casinos is expanding to include what will be The Golden Nugget Biloxi, complete with enhancements to the existing 720-room hotel and new amenities. The expansion is coming via the acquisition of the Isle Casino Hotel in Biloxi, said Tilman J. Fertitta, chairman, CEO & owner of Landry’s Inc. Fertitta’s gaming companies include Golden [...]
Continue reading...Fed reports improving economic health for Mississippi districts
1. March 2012
The Federal Reserve’s Beige Book for Feb. 29, a periodic assessment of economic health throughout the Reserve Bank’s 12 districts, reported economic activity nationwide continued to increase at a modest to moderate pace from January through February. Hiring, manufacturing and banking all showed increases. Retail spending and tourism showed gains in some districts. Residential real [...]
Continue reading...Hood details spending of state’s $47.1M share of foreclosure settlement
10. February 2012
A proposed national foreclosure fraud settlement provides an estimated $47.1 million in direct relief to Mississippi homeowners and addresses future mortgage loan servicing practices, Attorney General Jim Hood said Friday in announcing Mississippi’s participation in the $25 billion joint federal-state agreement with the nation’s five largest mortgage servicers over foreclosure abuses and fraud. The five [...]
Continue reading...Jackson sees dip in foreclosures, tardy mortgage payments
30. January 2012
Foreclosure rates and mortgage delinquencies in Jackson have decreased for the month of November over the same period last year, newly released data from real estate research firm CoreLogic shows. CoreLogic reported the rate of Jackson area foreclosures among outstanding mortgage loans was 2.37 percent for November, compared to November of 2010 when the rate [...]
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21. May 2012
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