OXFORD — FNC’s latest Residential Price Index (RPI) indicates that U.S. residential property values are up for the first time since July 2011, providing more evidence that the housing market is rebounding as the spring home-buying season is underway. Despite modest declines in March home sales, home prices — based on recorded sales transactions in [...] [...]
by MBJ Staff Published: May 17,2012
Tags: auction, bidders, bidding, bids, homes, houses, municipal government, real estate, residences, residential real estate, state agency, state government, tax-forfeited property, taxes
GREENVILLE — Eighty tax-forfeited parcels at a value of over $265,000 in the Greenville area up for bid, and Greenville Mayor Chuck Jordan and Secretary of State Delbert Hosemann held a joint press conference yesterday to market these lands. “Tax-forfeited properties are a drain on the community, the state and your local tax rolls,” said [...] [...]
by Associated Press Published: May 16,2012
Tags: downtown, homes, houses, music, nightclubs, nightlife, noise, residences, residents, restaurants, tourism, tourists, vacationing, vacations, vactioners, visitors
OCEAN SPRINGS — The Ocean Springs Board of Aldermen has passed a noise ordinance. Last night’s vote came after another round of public comment, most of it against some aspect of the new law. The Sun Herald reports even the board was split on aspects of it and the vote was 5-2. But the city [...] [...]
by Associated Press Published: May 14,2012
Tags: Commercial Real Estate, construction, development, homes, houses, land, municipal government, property, proposals, real estate, residences, residential real estate, residents, riverfront, rtetail
PASCAGOULA — The Pascagoula Redevelopment Authority is soliciting proposals from developers for the city’s riverfront site, an office, retail and residential development. Jim Estabrook, chairman of the authority, tells The Mississippi Press the request for proposals is a significant move toward a goal of having construction start in five months. The authority is seeking proposals [...] [...]
by Associated Press Published: May 7,2012
Tags: home insurance, homeowners, homeowners insurance, homes, houses, hurricanes, insurance, residences, residential real estate, residents, severe weather, tropical weather, Weather, wind coverage
MISSISSIPPI GULF COAST — Traditional insurance companies are still generally avoiding coastal risks. But a few companies new to Mississippi’s coastal market are writing wind coverage for well-built homes near the waterfront. So are insurance carriers that are not licensed in Mississippi. Angelyn Treutel is an independent insurance agent and vice president of the agency [...] [...]
by MBJ Staff Published: April 30,2012
Tags: economy, home prices, homeowners, homes, houses, real estate, recession, residences, residential real estate, residents
OXFORD — FNC’s latest Residential Price Index (RPI) indicates that U.S. residential property values continued to show signs of persistent weakening, ending in February with a seventh consecutive month-to-month decline. Despite sharply rising activities in existing home sales and new housing starts from a year ago, prices on non-distressed home sales (excluding foreclosure auction sales, [...] [...]
TUPELO — Churchill Mortgage of Brentwood, Tenn., is opening its first physical branch in Mississippi, located on East Main Street in Tupelo. The new Mississippi team brings 30 years of mortgage and banking experience to Churchill Mortgage. Brandy Schulz will serve as branch manager, bringing more than 12 years of industry expertise. Prior to joining [...] [...]
OXFORD — The latest FNC Residential Price Index (RPI) indicates that U.S. home prices declined steadily in the last half of 2011. Since July 2011, prices on non-distressed properties (excluding foreclosure sales, REO sales, and short sales) have fallen 4.5 percent — averaging nearly 1.0 percent per month. The persistent downtrends in home prices are [...] [...]
OXFORD — FNC’s latest Residential Price Index (RPI) indicates that U.S. residential property values declined in January, in spite of continued economic expansion and an improving job market in recent months. The latest persistent downtrends are driven primarily by conditions in the distressed market, which remains overwhelmed by the disposal of foreclosed and REO properties. [...] [...]
PASS CHRISTIAN — Two Pass Christian officials say that residents in a proposed annexation area in Harrison County would benefit from city services and discounts on insurance. The Sun Herald reports the trial in which Pass Christian is attempting to annex 5.4 miles of the Pineville-Cuevas community in the county is expected to last two [...] [...]
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