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Tag Archives: real estate

Mississippi’s home sales aided by shrinking inventory amid COVID-19 crisis

Many buyers eager to get deals done, brokers say   By TED CARTER Home sale closings conducted in parking lots, virtual showings and carefully staged open houses have helped the state’s home sales stay steady in the early days of the coronavirus, say Realtors in north, central and south Mississippi. The residential sector went into the new year as a ...

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Crye-Leike names Sissye Gory sales manager of Flowood Office

Crye-Leike Real Estate Services has announced that Sissye Gory has been named sales manager of Crye-Leike’s Flowood branch office. Gory will be responsible for the recruitment, training and management of the office’s sales associates. Gory has more than 25 years of managerial experience, previously overseeing a multi-million dollar business with over 100 employees. While serving as general manager for that ...

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Rippy joins BankPlus Commercial Real Estate Group

BankPlus recently announced the addition of Tracy Rippy to the Commercial Real Estate Group in Mobile as Senior Vice President & Regional Commercial Real Estate Officer. Tracy Rippy joins BankPlus with over 18 years of banking experience. Tracy’s most recent six years of experience has been as Senior Vice President and Commercial Real Estate Relationship Manager at Trustmark Bank. Prior ...

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Building concerns prompt street, sidewalk closures in Oxford

Structural concerns have led to some street and sidewalk closures in downtown Oxford, city officials said. Construction issues were discovered during a renovation project at a building on South Lamar Boulevard, creating concerns about safety, The Oxford Eagle reported. The matter has also led to discussion about the building’s future. Chef John Currence is in the midst of a renovation project to ...

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Suburban office space absorption headed for positive range; industrial in expansion mode

By TED CARTER Tenants of metro Jackson’s suburban office market are expected to begin filling up space at a pace that exceeds new vacancies, an outcome the market failed to achieve two of the past three years. Credit a 10-year slowdown in new office construction for increased prospects that net absorption will move into a positive range and stay there ...

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Metro retail real estate on a roll, survey finds

New construction accompanied by 2nd and 3rd chances for older properties   By TED CARTER Metro Jackson’s retail development market is in a recovery year created by vacant space filling up and lease rates staying in place. So concludes a close look at the metro retail market by Integra Realty Resources Inc. and detailed in its annual “Viewpoint” report for ...

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Home builder confidence high, but cost and availability of homes are issues

By BECKY GILLETTE The current mood of home builders in Mississippi and across the country is better now than it has been since the Great Recession, said David Saulters, immediate past president of the Home Builders Association of Mississippi (HBAM) and owner of Sigma Companies and RE-MAX Real Estate Partners in Hattiesburg. “It took a long time for the construction ...

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NEZAT: Coast condo market is a more secure investment

By LYNN LOFTON The condominium market on the Mississippi Gulf Coast is alive and well. No high rise buildings have been constructed recently, but sales for the existing units are steady and there is some non-high rise construction underway. The realtors interviewed agree that the most-in-demand location is on or overlooking the beach. “The last condo we constructed on the ...

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9th HOA sues Mississippi real estate firm over missing funds

A ninth homeowner’s association is suing a Mississippi real estate company over missing funds. The Clarion Ledger reports the lawsuits filed against Ridgway Lane & Associates allege the company stole more than $1.6 million from Jackson-area HOA bank accounts. The lawsuits name the company, several John Does and the company’s president and vice president, David L. Lane and his son, David. W. ...

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SIGN OF SHIFT: $35 million Canton apartment complex under construction in Madison county

By JACK WEATHERLY If one assumes that proximity to the Nissan plant with its 6,500 workers explains the $35 million, 600-unit apartment complex under construction, one would be wrong. Not so, says Hugh Jarratt, staff attorney for the management arm of Lindsey Construction Co. of Fayetteville, Ark. “The bulk of the renters will not be Nissan employees,” Jarratt said of ...

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