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Tag Archives: real estate

Jackson’s Colonial Highlands moves into business phase

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By JACK WEATHERLY  The at-times stormy effort to redevelop the former Colonial Country Club in Jackson has settled into the business phase. Bo Lockard, manager of Colonial Jackson LLC, which owns the property and is overseeing the development, said Tuesday that the Neel-Schaffer engineering firm has been hired and that conversations with potential developers are underway. “We are working toward ...

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Jackson to get $1.2M to remediate lead-based paint

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The City of Jackson is getting $1.2 million in funding to help remediate lead-based paint in 86 eligible low-income housing units in the county. The U.S. Department of Housing and Urban Development on Wednesday announced the award through its Lead Based Paint Hazard Control grant program. The city’s also getting $150,000 in Healthy Homes supplemental funding. The City of Jackson ...

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Commission requires owner to stabilize endangered house

News

The owners of one of the state’s most endangered historic mansions have until October to submit plans to Natchez officials to stabilize the house. The Natchez Democrat reports (http://bit.ly/2ax5pt9) the Natchez Preservation Commission recently set a 90-day deadline for Frances Oberlin Stephens and Sam Oberlin, who own Melmont, which was placed on the Mississippi Heritage Trust’s most endangered historic places ...

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US home prices climb; 7 cities set new records

Real Estate

U.S. home prices scaled new heights in April, with seven cities — including Boston, Charlotte, Portland, Oregon, San Francisco and Seattle— setting record highs. The Standard & Poor’s/Case-Shiller 20-city home price index increased 5.4 percent in April compared with a year earlier, just a tick down from the 5.5 percent annual gain in March. Home values are now just 9.6 ...

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DEQ schedules date to consider permit for Renaissance expansion

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By JACK WEATHERLY The Mississippi Environmental Quality Permit Board will meet at 9 a.m. on June 30 in the commission hearing room   at 515 East Amite Street in Jackson to consider issuance of a federal Clean Water Act certification and a storm water permit sought by  Renaissance at Colony Park, LLC, Phase III in Ridgeland. Development of the 45-acre ...

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Technology revolution makes it easier to make the deal in real estate

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By BECKY GILLETTE Technology has revolutionized the real estate industry, freeing real estate agents from their offices and changing the way consumers receive information, making interactions with clients more efficient, said Lisa Hollister, president of Mississippi Realtors and a broker associate at Moran Realty, Ocean Springs. “Today we are shifting more to mobile technology, using apps to access broker websites ...

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Perfecting the art of executive relocating

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By LISA MONTI Years ago, it wasn’t uncommon for a large corporation to buy the house of a top executive who was being moved to a new location and pay the moving expenses. Those generous relocation packages aren’t as prevalent as they used to be but some real estate companies are seeing an increase in relocation services. Broker Jeff Martella with ...

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Construction projects’ topping out ceremonies celebrate important milestones

Among those who signed the construction beam during the March 28 UMMC  topping-out ceremony are, from left, second-year medical student John Lippincott; former Vice Chancellor Dr. James Keeton; fourth-year medical student Sara Ali; Dr. LouAnn Woodward, vice chancellor for health affairs and dean of the School of Medicine; and first-year medical student Michelle Wheeler.

By LYNN LOFTON Major construction projects usually have topping out ceremonies at a certain point in the progress of the project. Is this merely ceremonial, or does it serve a more fundamental purpose? Some recent high profile projects that had topping out ceremonies include the Biloxi Shuckers baseball park, the new medical school at the University of Mississippi Medical Center in ...

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STATE OF US HOUSING — Goal of owning home still strong, and 8 other housing trends

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Americans still want to own homes — if they can afford to. That’s the finding of a report being released Wednesday by the Harvard University Joint Center for Housing Studies. The pressures of student debt, rising rents and the leftover wreckage from the nearly decade-old housing bust have restrained people’s ability to buy, even though the dream remains alive. The ...

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Sellers have advantage in Jackson area housing market

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By JACK WEATHERLY It’s a seller’s market for houses in the Jackson area. The median price for a house in the three-county heart of the Jackson metro area is up 2 percent in the 12-month period ending in April, according to the Central Mississippi Realtors Association. CoreLogic of Irvine, Calif., reports similarly that in what it calls a core based ...

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