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Developer sets fall 2015 opening for Oxford’s Galleria II

January 14, 2014

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OXFORD, Mississippi – The success of Trezevant Realty’s Galleria 1 has led principal John Trezevant to announce a fall groundbreaking for a $35 million Galleria II. This second phase scheduled for completion in fall 2015 will add another 221,000 square feet of retail to a shopping cluster that includes Galleria 1 anchored by Belk, Home […]

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Brandon recruiting help to spur development

January 13, 2014

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Traveling along Highway 80, the city of Brandon’s lack of downtown development is apparent. Now, city leaders are looking for change. The city is seeking consultants to work in city planning and economic development. The Clarion-Ledger reports the consultant’s work would focus on downtown planning, landscape architecture, urban design, historic preservation, infrastructure, transportation, market analysis […]

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Mississippi DEQ wants your ideas for Environmental Justice conference

January 10, 2014

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The Mississippi Department of Environmental Quality (MDEQ) is seeking suggestions on speakers and topics for Environmental Justice conference the state agency is sponsoring this year to recognize the 20th anniversary of President Clinton’s signing of the Environmental Justice Executive Order. The conference will bring together communities, non-profit organizations, researchers, businesses, healthcare professionals, state and local government and […]

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Homeowners see second-largest drop in home insurance premiums in U.S.

January 10, 2014

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A new report on home insurance premiums is good news for the most of the nation and excellent news for Mississippians. According to the HomeInsurance.com RateReport, average 12-month U.S. home insurance premiums fell from December 2012 to December 2013. The average annual premium in December 2013 was about $823, down 9.5 percent from the $900 […]

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GreenTech extends pact with Chinese automaker Jianghu to build all-electric cars

December 18, 2013

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In some of the first positive news to come out of GreenTech in several months, the McLean, Va., company which plans to build cars in Mississippi says it has extended its partnership with Chinese automaker Jianghui Automotive Co. Ltd. to develop and make a 4-door, all-electric vehicle for the North American market. GreenTech, with a […]

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FNC Index: October home prices up; pace slows

December 16, 2013

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OXFORD, Mississippi — U.S. home prices continue to rise in October despite signs of decreasing mortgage and home sale activity. The latest FNC Residential Price Index (RPI) shows October home prices are up, albeit at a slower pace than previous months. The index, constructed to gauge underlying property value based on non-distressed home sales, showed […]

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Commercial/multifamily mortgage debt posts largest increase since ’08

December 12, 2013

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Commercial/multifamily mortgage debt outstanding grew to its highest level in five years in the third quarter, increasing by $25.2 billion as all four major investor groups increased their holdings, a new report from the Mortgage Bankers Association (MBA) says. That is a 1 percent increase over the second quarter of 2013. Total commercial/multifamily debt outstanding […]

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D’Iberville debuts affordable housing community for 55-and-older residents

December 11, 2013

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D’IBERVILLE – As many municipalities across the country struggle to provide affordable housing for the aging Baby Boomer population, the Mississippi Gulf Coast has found a solution with the recent opening of Riverside, an adult waterfront community located in D’Iberville. Riverside was made possible through a unique private/public/non-profit partnership. Officials with Gulf Coast Renaissance Corp., […]

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Nationally, new home sales surge 25% in October

December 4, 2013

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home for sale pic

New home sales are surging, according to a report from the U.S. government on Wednesday. Sales of new single family homes jumped to a seasonally adjusted annual rate of 444,000 in October, up 25.4% from the previous month’s revised rate, according to the U.S. Department of Housing and Urban Development.

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Foreclosures dip statewide in September

November 26, 2013

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Foreclosure rates in Jackson dropped more than a half percentage point in September compared to the same month last year. Meanwhile, foreclosures statewide dropped by nearly two-thirds of a percentage point in September from September 2012, according to newly released data from CoreLogic, a California-based real estate research firm. The CoreLogic data shows that the […]

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