Home » Tag Archives: real estate (page 2)

Tag Archives: real estate

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 ...

Read More »

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 ...

Read More »

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 ...

Read More »

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 ...

Read More »

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. ...

Read More »

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 ...

Read More »

PHIL HARDWICK — Replacement reserves applies to everyone

Several years ago, an acquaintance purchased an apartment complex near the downtown area. It was built 20 years earlier at a time when it was the place to be for renters who worked downtown. He was a successful medical professional, and the apartment complex was his first investment. He remarked that he got a good deal, which was important to ...

Read More »

County planners keep pause on development over water issues

A north Mississippi county is keeping a moratorium on development in areas served by a water association plagued by complaints about discolored water. The Oxford Eagle reports the Lafayette County Planning Commission has voted to maintain the ban on new water connections in the part of the county served by the Punkin Water Association. Jason Frye is president of the ...

Read More »

Golf carts prove successful in Ocean Springs, Pascagoula

OCEAN SPRINGS — When city leaders in Pascagoula and Ocean Springs adopted their respective ordinances to allow the use of street-legal golf carts in their downtown areas, it’s unlikely they could have anticipated how successful that move would be. City officials, police chiefs and business owners alike are extremely pleased with how well the use of golf carts on city ...

Read More »