Archives

WASHINGTON, D.C. - May 6, 2010 - (RealEstateRama) -- As the International Monetary Fund (IMF) moves closer to approving a substantial loan to the Commonwealth of Antigua and Barbuda, U.S. Senators Roger Wicker and Thad Cochran (R-Miss.) today called on the government of Antigua to release several hundred million dollars that it seized from fraudulent financier Allen Stanford.

WASHINGTON, DC - May 3, 2010 - (RealEstateRama) -- U.S. Housing and Urban Development Secretary Shaun Donovan today announced HUD will speed federal disaster assistance to five counties in Mississippi and provide support to homeowners and low-income renters forced from their homes due to April's severe storms, tornadoes and flooding.

Foreclosure protection offered to displaced families in five counties. WASHINGTON, DC - April 30, 2010 - (RealEstateRama) -- U.S. Housing and Urban Development Secretary Shaun Donovan today announced HUD will speed federal disaster assistance to five counties in Mississippi and provide support to homeowners and low-income renters forced from their homes due to April's severe storms, tornadoes and flooding.

Senatobia, MS - April 6, 2010 - (RealEstateRama) -- Governor Haley Barbour announced today that Twin Creeks Technologies, a venture-backed solar technology company, is locating a solar panel manufacturing facility in Senatobia, Miss. The production facility will create 512 jobs, in two phases, over the next five years and represents a company investment of more than $175 million

PEARL, MS - April 2, 2010 - (RealEstateRama) -- Instead of soaking up sun rays on a faraway beach, a group of college students from across the country decided to spend their Spring break volunteering for the United Way in Ocean Springs. Armed with paint brushes and rollers, these college students opted for an alternative Spring break by helping put the finishing touches on a 75-unit Mississippi Cottage community called Highland Village on Gibson Rd, just north of U.S. Highway 90. The Mississippi Emergency Management Agency donated the cottages at no cost to Mercy Housing, a non-profit organization that is working with a local contractor, to provide more permanent, affordable housing to residents still trying to recover from Hurricane Katrina.

Real Estate professionals, Lenders, Counselors on hand for free information/ advice. Oxford, MS - March 16, 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 30 from 4:00 until 7:00 p.m. at the Lafayette County & Oxford Library, 401 Bramlett Blvd. in Oxford. The second event will be held on March 31 at the Tupelo Library on 219 N. Madison St. in Tupelo from 4:00 p.m. until 7:00 p.m. Both events are free and open to the public

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.

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

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.

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.

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.

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

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.

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

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.