Home » Tag Archives: residential real estate (page 4)

Tag Archives: residential real estate

City's new rental property ordinance gets opposition from landlords

PEARL — Tensions are high in Pearl over a new ordinance related to rental property. The Clarion-Ledger reports the city is requiring existing rental properties to have sprinklers in case of fires. It also mandates landlords add warning sirens, a telephone or text emergency warning system that would notify tenants in emergencies, and storm shelters capable of withstanding an EF2 ...

Read More »

County's assessed value of property nears high-billion dollars

PURVIS — With solid growth for the past 20 years, the assessed value of property, homes and other assets in Lamar County is approaching the half-billion dollar mark, continuing to bolster county revenue. The Hattiesburg American reports the county’s current assessed valuation, the total of taxable property, stands at over $498 million, up more than $7 million from 2012. In ...

Read More »

FNC index: Home prices rose again in April

OXFORD — The latest FNC Residential Price Index (RPI) shows that U.S. home prices continued to rise in April, up 0.7 percent from the previous month. April’s gain marks the largest price acceleration since June 2012, caused in part by rising seasonal demand entering spring and summer. Improved credit availability, low interest rates, and low home prices continue to drive ...

Read More »

Fifty-five parcels of tax-forfeited property sold via auction

GREENVILLE — The recent Secretary of State Office’s auction of tax forfeited property in Greenville offered 94 parcels worth $190,151.30. The auction lasted from May 15-June 6. In a release, the City of Greenville reports 103 bids were received on 55 parcels. The amount of the winning bids was $20,782.25. Greenville Mayor John Cox. “I’m thrilled at the number of ...

Read More »

Owner of fire-damaged historic home faces charges

NATCHEZ — The owner of the crumbling Arlington Plantation house will be in Natchez Municipal Court on July 1 to face allegations of violating a city ordinance on overgrown properties. The Natchez Democrat reports Dr. Thomas Vaughan of Jackson entered a not guilty plea earlier this week in city environmental court, which is a division of municipal court. Vaughan has been ...

Read More »

Hosemann recruiting Realtors to market tax-forfeited property

JACKSON — Secretary of State Delbert Hosemann is partnering with licensed real estate brokers in Mississippi to actively market tax-forfeited properties in the State. “If you want property sold in Mississippi, you sell through a licensed Realtor,” says Hosemann. “The growing number of tax-forfeited properties in our state is an epidemic, and I can think of no one better than a ...

Read More »

Ex-housing director pleading guilty to conspiracy to embezzle

SHELBY — The former director of a nonprofit housing agency has agreed to plead guilty to charges against her and testify against an ex-state employee. Linda Balducci of Shelby pleaded guilty last week before U.S. District Judge Michael Mills to one count of conspiracy to embezzle money. Court papers show that Balducci also will testify against codefendant Connie Lewis, a ...

Read More »

Realtors report better prices, sales in metro Jackson

JACKSON — The housing market is looking up in central Mississippi. The Clarion-Ledger reports that statistics from the Jackson Association of Realtors show higher prices and faster sales than a year ago. Board president Dorothy Thompson says people finally seem convinced they’ve survived the worst of the recession and can again make big-ticket purchases. The association covers Hinds, Madison, Rankin, ...

Read More »

With storms already brewing, Chaney urges insurance

JACKSON — Mississippi Insurance Commissioner Mike Chaney says people should review insurance policies as part of storm preparations as hurricane season approaches. Chaney says in a news release that most insurance companies won’t accept new applications after a designated hurricane or named storm enters the Gulf of Mexico. He says such a storm could develop as early as this week ...

Read More »

After complaints, city retooling rental housing code

AMORY — The City of Amory is redrafting a rental housing code to combat what officials say is blight and deterioration that many residents feel not only bring property values down, but signals a decline in the quality of living. “Rental housing is just one area of our problems, but we are focusing on it due to citizen complaints,” city ...

Read More »