Tag Archives: Alabama

Jackson area housing prices up nearly 4 percent

April 3, 2013

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In Jackson, home prices, including distressed sales, increased by 3.8 percent in February 2013 compared to February 2012. On a month-over-month basis, home prices, including distressed sales, decreased by 1.2 percent in February 2013 compared to January 2013. Excluding distressed sales, year-over-year prices increased by 6.2 percent in February 2013 compared to February 2012. On […]

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Hispanic homebuyers: A wave to lift the housing industry?

July 6, 2012

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At a time when the housing industry needs an infusion of hope, the demographic gods are poised to unleash what some realtors, lenders and builders say will be the industry’s salvation: waves of young Hispanic workers and families hungry for houses of their own. For the moment, however, holding back that salvation are such economic […]

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Getting Bigger by the Day: Cadence continues growth with Fed’s OK of Encore acquisition

June 6, 2012

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Remember Cadence, the little regional bank company in Starkville? It’s all grown up now after last year buying an Alabama regional banking company more than twice its size and continuing its growth spurt with the May 31 Federal Reserve Board of Governors’ approval of the acquisition of Encore Banshares, a $1.6 billion Houston bank. Acquiring […]

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Upon further review: Mississippi had negative GDP for 2011

June 5, 2012

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Mississippi dipped back into recession in 2011, with overall economic output shrinking 0.8 percent, according to federal figures released Tuesday. The Magnolia State was one of only six states where the economy contracted in 2011, along with Alabama, Hawaii, Maine, New Jersey and Wyoming, the U.S. Bureau of Economic Analysis reported. Senior economist Marianne Hill […]

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Recent trends may threaten coaching diversity in college athletics

May 19, 2012

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By DAVID BRANDT, The Associated Press   College basketball has long been dominated by African-Americans on the court. The same can’t be said for the sidelines. And the numbers of minority coaches aren’t getting much better — they’re stagnant or even declining at the Division I level. George Mason coach Paul Hewitt — who also […]

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