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Posts Tagged ‘homes’

FEMA develops plan to waive repayment of improper disaster assistance

WASHINGTON — The Federal Emergency Management Agency (FEMA) has developed a plan to waive recoupment of improper disaster assistance payments that were disbursed due to government error, according to U.S. Senators Mary L. Landrieu, D-La., Mark Pryor, D-Ark., and Thad Cochran, R-Miss. Next week, FEMA will send letters to 90,000 affected individuals and households informing them [...] [...]

Housing director’s kickback/retaliation trial rescheduled for February

by Associated Press Published: January 30,2012

Tags: homeowners, homes, houses, housing, housing authority, real estate, residences, residents

GREENVILLE — A housing agency director has received a month’s delay before she stands trial for allegedly taking kickbacks from a contractor and retaliating against a witness. Ann “A.J.” Jefferson’s trial was moved from today to Feb. 29, The Delta Democrat Times reported. Defense attorneys asked for the delay because of unspecified conflicts of counsel. Prosecutors did [...] [...]

Fitch puts Mississippi Valley Title on ‘Rating Watch Negative’

by Associated Press Published: January 26,2012

Tags: debt, debt rating, financing, homes, houses, insurance, mortgages, rating, real estate

MADISON — Fitch Ratings has placed the ratings of Old Republic International Corporation’s (ORI) and its insurance company subsidiaries, including Mississippi Valley Title Insurance Company, on “Rating Watch Negative.” Fitch reports: “The Rating Watch reflects uncertainty as to ORI’s ability to continue to avoid a covenant breach under its debt obligations in light of ongoing challenges [...] [...]

FNC index: Home prices continue to fall

by MBJ Staff Published: January 26,2012

Tags: home prices, homeowners, homeownership, homes, houses, property, real estate, residences

OXFORD — FNC’s latest Residential Price Index (RPI) indicates that U.S. home prices continued to decline despite recent signs of job recovery and rising home sales and new residential construction. The continued price retreat is no surprise as the housing market remains constrained by high volumes of delinquent mortgages and foreclosures. November marks the fourth consecutive [...] [...]

Home sales, prices up on Coast compared to 2010

by Associated Press Published: January 24,2012

Tags: home prices, home sales, homeowners, homeownership, homes, houses, real estate, residences, residential

MISSISSIPPI GULF COAST — Mississippi Gulf Coast home sales finished 2011 on an upswing, with average sales prices up $8,000 in December and more homes sold than at the end of 2010. The Mississippi Gulf Multiple Listing Service report showed the average sales price of a home in South Mississippi was $124,694 in December. That was $2,000 [...] [...]

MEMA releases damage report from weekend storms

MISSISSIPPI DELTA — The Mississippi Emergency Management Agency has received preliminary reports of damages from three counties due to severe weather that moved through the state Sunday night and Monday morning. At least one injury was reported in Bolivar County. Initial damage reports by county are as follows: • Bolivar — Several homes damaged, trees and power lines [...] [...]

City adopts new zoning regulations, building code

D’IBERVILLE — New zoning regulations have been adopted in D’Iberville that simplify the city code and require commercial buildings to meet architectural standards. The Sun Herald reports Chris Watson, a consultant with Bridge & Watson urban and regional planners, held up a slim book of regulations yesterday that replace a fatter volume that was in use. [...] [...]

Subcontractors offered chance at MDA-Neighborhood Home Project

BILOXI — On Jan. 23, Roy Anderson Corp, Habitat for Humanity of the Mississippi Gulf Coast, Gulf Construction Company and the South Mississippi Contract Procurement Center will host a subcontractor outreach event for the purpose of meeting local qualified subcontractors interested in procuring contracts for the MDA–Neighborhood Home Project in Harrison County. The event will be [...] [...]

Officials plan to demolish abandoned homes

by Associated Press Published: January 17,2012

Tags: abandoned, clean up, community development, demolish, homes, houses, municipal government, real estate, residences

FULTON — Fulton officials are moving forward with plans to clean up or demolish unkempt and abandoned houses throughout the city. The Northeast Mississippi Daily Journal says 10 properties thought to be abandoned are being considered for demolition by the Fulton Board of Aldermen. They say the houses are dilapidated and pose health and safety concerns. Regulations [...] [...]

Report: Mississippi has lowest average home loan

by MBJ Staff Published: January 13,2012

Tags: banking and finance, Banks, financial institutions, home loans, homeowners, homes, loans, mortgages, real estate

ACROSS MISSISSIPPI — LendingTree.com has released data highlighting the average loan amount on residential real estate purchases for all 50 states and Washington D.C. for the year. Hawaii, by far, leads the nation with an average home loan amount of $677,299, followed by Washington, D.C., at $393,453, New Jersey at $344,240 and New York at $340,124. The [...] [...]

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