News
EastGroup Properties Announces 121st Consecutive Quarterly Cash Dividend
March 5, 2010 Posted by Mississippi RealEstateRama
Jackson, MS - March 5, 2010 - (RealEstateRama) — EastGroup Properties (NYSE-EGP) announced today that its Board of Directors declared a quarterly cash dividend of $.52 per share payable on March 31, 2010 to shareholders of record of Common Stock on March 19, 2010. This dividend is the 121st consecutive quarterly distribution to EastGroup’s shareholders and represents an annualized dividend rate of $2.08 per share.
MHC to Promote $40,000 Grant for Purchase of Foreclosed Properties
February 19, 2010 Posted by Mississippi RealEstateRama
Greenville, MS - February 19, 2010 - (RealEstateRama) — The Mississippi Home Corporation will hold two events to promote its new Home Buyer Advantage (HBA) program that provides grants of up to $40,000 to homebuyers purchasing foreclosed properties in qualifying areas across the state. The first event will be held on Tuesday, March 2 from 4:00 until 7:00 p.m. at the Greenville Library, 341 Main Street in Greenville. The second event will be held at the Coahoma Community College Workforce Development Center, 510 Sunbelt Drive in Clarksdale from 4:00 p.m. until 7:00 p.m. Both events are free and open to the public
Mississippi Home Corporation to Host Financial Health Workshop
February 12, 2010 Posted by Mississippi RealEstateRama
Hattiesburg, MS - February 12, 2010 - (RealEstateRama) — The Mississippi Home Corporation (MHC) will host a Financial Health Workshop on Thursday, February 25, 2010 at the Jackie Dole Sherrill Community Center, 220 West Front Street in Hattiesburg. MHC will host the free workshop from 4:00 p.m. until 7:00 p.m. The workshop will be particularly helpful for individuals who are worried about losing their home, are having trouble making ends meet, who believe they have a mortgage that is unfair, or simply want to learn how to manage their finance better. Attendees will have the opportunity to meet trained counselors who can review their finances, find other programs that can over assistance, and learn how to avoid financial pitfalls in the future.
EastGroup Properties Acquires Three Building Complex in San Diego for $17 Million
January 29, 2010 Posted by Mississippi RealEstateRama
Jackson, MS - January 29, 2010 - (RealEstateRama) — EastGroup Properties (NYSE-EGP) today announced the acquisition of the Ocean View Corporate Center in San Diego, California for a purchase price of $17,000,000. Located in the Otay Mesa submarket, Ocean View contains 274,000 square feet in three, multi-tenant business distribution industrial buildings. Constructed in 2005, the complex is presently 87% leased to 14 customers. Ocean View is projected to generate an annualized yield of 9.6% at its current occupancy and rents.
EastGroup Properties Announces 120th Consecutive Quarterly Cash Dividend
December 3, 2009 Posted by Mississippi RealEstateRama
Jackson, MS - December 3, 2009 - (RealEstateRama) — EastGroup Properties (NYSE-EGP) announced today that its Board of Directors declared a quarterly cash dividend of $.52 per share payable on December 31, 2009 to shareholders of record of Common Stock on December 18, 2009. This dividend is the 120th consecutive quarterly distribution to EastGroup’s shareholders and represents an annualized dividend rate of $2.08 per share.
Congressman Childers Announces Homebuyer Tax Credit Extension to Take Effect Today
December 1, 2009 Posted by Mississippi RealEstateRama
Washington, DC - December 1, 2009 - (RealEstateRama) — Beginning today, Mississippi homebuyers will be able to take advantage of the $8,000 homebuyer tax credit for an additional three months, Congressman Travis Childers (MS-01) announced. Childers has led the effort in the House of Representatives to extend the credit, introducing legislation in September to make the credit available for an additional year and expand it to all owners of a principle residence
Home Cooking Fires Peak on Thanksgiving
November 23, 2009 Posted by Mississippi RealEstateRama
Jackson, MS - November 23, 2009 - (RealEstateRama) — Friends and family start arriving, everyone happy and thankful to visit and get re-acquainted, and in the commotion of children playing and reminiscing you forget about that pan cooking on the stove or the turkey roasting in the oven. Suddenly, what should be a time for a family celebration becomes a family emergency when a cooking fire breaks out.
Wicker & Cochran Introduce Bill to Extend Important Gulf Coast Rebuilding Tax Incentive
November 10, 2009 Posted by Mississippi RealEstateRama
WASHINGTON, DC - November 10, 2009 - (RealEstateRama) — 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 today by U.S. Senators Roger Wicker and Thad Cochran
Get Homes and Insurance Ready for Hurricane Ida
November 9, 2009 Posted by Mississippi RealEstateRama
Jackson, MS - November 9, 2009 - (RealEstateRama) — The Mississippi Insurance Department (MID) reminds everyone that preparation in advance of a storm can help save lives and property and can prevent unpleasant insurance surprises should Hurricane Ida take aim at the state.
COCHRAN SUPPORTS UNEMPLOYMENT BENEFITS EXTENSIO
November 5, 2009 Posted by Mississippi RealEstateRama
WASHINGTON, D.C. - November 5, 2009 - (RealEstateRama) — U.S. Senator Thad Cochran (R-Miss.) today voted for Senate passage of legislation that will allow the state of Mississippi to offer an additional 20 weeks of unemployment benefits to jobless workers.
KEEP WARM, KEEP SAFE! Risks of Home Heating Fires Rise as Temperatures Drop
October 16, 2009 Posted by Mississippi RealEstateRama
Jackson, MS - October 16, 2009 - (RealEstateRama) — With temperatures in Mississippi forecasted to fall into the 30’s and 40’s this week, Commissioner of Insurance and State Fire Marshal Mike Chaney urges the public to be mindful of the fire risks associated with home heating.
CONGRESSMAN THOMPSON ANNOUNCES HUD FUNDING FOR TUNICA COUNTY
October 1, 2009 Posted by Mississippi RealEstateRama
BOLTON, MS - October 1, 2009 - (RealEstateRama) — Today, United States Representative Bennie G. Thompson (D-MS) announced that the United States Department of Housing and Urban Development will provide Economic Development Initiative Special Project funds to the County in the amount of $902,500.00
Mississippi Home Corporation Announces New Home Buyer Advantage Grant Program
September 18, 2009 Posted by Mississippi RealEstateRama
Grants up to $40,000 to Help Purchase Foreclosed Properties. Jackson, MS - September 18, 2009 - (RealEstateRama) — The Mississippi Home Corporation (MHC) is now taking reservations under its new Home Buyer Advantage grant program. The program will provide grants of up to $40,000 to qualified home buyers who purchase foreclosed properties in any of the 48 eligible communities across Mississippi. Unlike most of MHC’s other programs, the Home Buyer Advantage program does not require applicants to be first-time home buyers. The program limits applicants to those who earn 120% of the Area Median Income or below.
Former Madison County Real Estate Investor Charged in Mortgage Fraud Scheme
September 14, 2009 Posted by Mississippi RealEstateRama
JACKSON, MS - September 11, 2009 - (RealEstateRama) — United States Attorney Stan Harris, Federal Bureau of Investigation Acting Special Agent in Charge Stephen F. Gomez, Federal Deposit Insurance Corporation - Office of Inspector General Special Agent in Charge Thomas C. McDade, and Madison/Rankin County District Attorney Michael Guest announced today that a federal grand jury has returned a six count indictment against Earline Y. Rawls in connection with a fraudulent mortgage loan scheme. The indictment charges Rawls with one count of conspiracy to commit bank fraud and six counts of bank fraud.
Mississippi Home Corporation Announces Availability of $25 Million to Fund Mortgages Statewide
August 19, 2009 Posted by Mississippi RealEstateRama
First Issue of 2009 Reflects Easing Credit Environment. Jackson, MS - August 19, 2009 - (RealEstateRama) — The Mississippi Home Corporation (MHC) has opened the reservation lines for its $25 million 2009A bond issue, and funds are available to qualified applicants through participating lenders.
