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Tag Archives: real estate

Heritage Building gets new life with sale and renovation

By JACK WEATHERLY The Heritage Building in downtown Jackson sold on the auction block a year ago. As the name suggests, there is history to the six-story structure at 401 E. Capitol St. Built in 1905, it was first the home of Kennington’s Department Store, then later McRae’s Department Store. It is on the National Register of Historic Places. In ...

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Turning the corner: County Line Road at Ridgewood

By JACK WEATHERLY Two investors are buying in to the intersection of County Line Road and Ridgewood Road. Between the $900,000 spent on the former Applebee’s in the North Regency Square and the $1.8 million to buy and renovate the old Copeland’s, the total reaches about $2.7 million. Both spaces had been vacant for several years. News of the revitalization ...

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Duvall Decker unveils plan for Springdale, Ark. municipal campus

By JACK WEATHERLY Duvall Decker Architects P.A., a Jackson firm, has unveiled plans for a 120,000-square-foot $35.5 million municipal complex for the city of Springdale in northwest Arkansas. “Duvall Decker is honored to have been selected to design the Springdale Municipal complex,” partner Roy Decker said in an email.  “We were selected over firms from New York, San Francisco and ...

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Success for Mississippi real estate agents includes making the most of any down time

By NASH NUNNERY The portrait created by reality television of real estate agents is one of multi-million dollar sales, lavish dinners, Coach handbags and Brunello Cucinelli suits. Truth is stranger than fiction in the world of real estate.  Sure, a Realtor can set his or her own hours and carve out time for a vacation or doctor’s appointment. But there’s ...

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Tupelo’s Fairpark development adding tenants

By DENNIS SEID / Daily Journal TUPELO – The first two tenants have committed to a new Fairpark District development. Ross & Yerger is relocating its downtown Tupelo office on South Broadway to what will be called Fairpark Towers. Joining the Jackson-based insurance company’s office will be Century Construction and Realty Inc. Officials recently announced a public-private partnership between the city and ...

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Nearly 100 affordable homes planned for Mississippi city

OXFORD — A combination of nearly 100 “lease to own” townhomes, duplexes, and single-family detached homes has been planned to help house a Mississippi city’s area workforce. Oxford Eagle reported on Monday a public-private partnership’s recent $15 million awarding in competitive funding is the result of efforts over the years by Oxford and Lafayette County officials to address the difficulty of creating ...

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Home sales in central Mississippi down 4.5 percent

By JACK WEATHERLY House sales in the 10-county  Central Mississippi Multiple Listing System were down 4.5 percent in June from the previous year, primarily because of tight inventory, according to Central Mississippi Realtors. Consequently, the average sales price increased 2.1 percent, creating a market that slightly favors sellers. “Inventory remains extremely tight, but patience may pay off in coming months ...

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Mississippi Realtors invest in First-Time Homebuyers Savings Account program

By ALEX JACKS For the first-time homebuyer, the real estate market can be a bit overwhelming. There are numerous financial considerations new buyers must contemplate, which in the past have prevented many from buying a first home. In an effort to encourage Mississippians to take the plunge, Gov. Phil Bryant signed the First-time Homebuyer Savings Accounts, a new tax-advantaged savings ...

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Fewer homes for sale favor sellers

By BECKY GILLETTE Nationwide, existing home sales dropped 2.3 percent in April, according to the National Association of Realtors (NAR). That was pegged to lower availability rather than lack of demand. NAR said the total number of homes for sale has dropped 9 percent in the past year. “Nationally, low inventory is a hot topic,” said David M. Griffith, 2017 ...

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