Home » NEWS » Real Estate & Construction (page 191)

Real Estate & Construction

Building Codes Council needs retooling

JACKSON — What exactly is known about the Mississippi Building Codes Council? You won’t find it listed in the telephone book or when conducting a quick search of the Internet. There is no office, telephone number or web site. What is known is that in 2006, the Legislature passed House Bill 1406 that created an organization to enforce wind and ...

Read More »

Details of alleged Evans brothers' fraud revealed

Two months after a Madison title insurance company sued two brothers for committing commercial mortgage fraud, banks are scrambling to obtain titles to properties on which they have made loans, and parties are wondering how much the title company may have to pay out. In a Sept. 18 lawsuit in Madison Chancery Court, Mississippi Valley Title Insurance Co. (MVT) alleged ...

Read More »

ABC forecasts 'sluggish' year

WASHINGTON — Associated Builders and Contractors (ABC) has released its 2010 economic forecast for the commercial and industrial construction industry. “While the industry battled the effects of the recession in 2009, expect 2010 to be a transitional but sluggish year on the road to recovery,” said ABC chief economist Anirban Basu. “Through late 2008, the industry held up well, but ...

Read More »

Lawmakers look to extend GO Zone

MISSISSIPPI GULF COAST — A key tax incentive designed to spur rebuilding efforts in the areas hardest hit by Hurricane Katrina would be extended for two years by legislation introduced by Sen. Roger Wicker (R-Miss.) and Thad Cochran (R-Miss.). The Mississippi lawmakers are seeking a two-year extension of the Gulf Opportunity Zone (GO Zone) bonus depreciation tax incentive, which has ...

Read More »

Housing market shows good signs

  Housing starts are up for September and October, which could be good news for market September and October of this year were the first consecutive months that outdid 2008 housing permits issued in the metro Jackson area — an indicator that the housing market could be improving. In 2008, 104 and 97 permits were issued for September and October, ...

Read More »

The lure of the great outdoors

    Land for hunting, land for recreation or land for investment has people interested The great outdoors remain an attraction for those looking to reinvest stock market funds or those wanting a family or recreational retreat.  Beth McLellan, an agent with Mossy Oak Properties/Howell & Howell Estates & Land, began her career in real estate 13 years ago selling ...

Read More »

Everyone trusts Rumbley with their keys

Madison realtor has been at the top of her game for more than a decade   Realtor Michele Rumbley once flushed the keys to a property down the toilet by accident, and early in her career, she often locked her car keys in the house or took the property keys home with her.  But those funny blunders didn’t stop the ...

Read More »

Extended benefits bill passes Senate

WASHINGTON — Sen. Thad Cochran (R-Miss.) has voted for legislation that would allow the State of Mississippi to offer an additional 20 weeks of unemployment benefits to jobless workers. The Senate approved (98-0) the Unemployment Compensation Extension Act of 2009 (HR.3548), which in addition to extending unemployment benefits will also extend and expand an expiring homebuyer tax credit. The House ...

Read More »

Medical park construction to begin

PASCAGOULA — Singing River Health System (SRHS) will celebrate the beginning of construction of the 70,000-square-foot Singing River Medical Park with a ceremonial dirt dumping Nov. 5 beginning at 3 p.m. The ceremony will be held at the walking track east of Singing River Hospital on Denny Avenue in Pascagoula. The facility will house The Neuroscience Center, a medical laboratory, ...

Read More »

New Market Tax Credits allocated

ACROSS MISSISSIPPI — The Community Development Financial Institutions Fund (CDFI Fund) announced the recipients of the 2009 Round of New Market Tax Credits (NMTC) allocations, the law firm of Watkins Ludlam Winter & Stennis reports. The awarded allocation amounts ranged from $4 million to $115 million. Six of the allocatees with a national service area have designated Mississippi as one ...

Read More »