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REAL ESTATE
Luxury apartments part of $500 million development in this Metro city
Amid sweltering temperatures Thursday morning, Flowood mayor Gary Rhoads and other dignitaries celebrated the groundbreaking of a mix-used area that is part of an estimated $500 million mixed residential and commercial development called Waterpointe. This part, known as the Heights at Waterpoint is a "traditional neighborhood development," or TND, the "town within a town" would stretch 800,000 square feet in commercial space alone with 240 luxury units. It will also have a 250-car parking garage that will be the...
Local realtor weighs in on major changes to real estate industry
JACKSON, Miss. — The biggest shakeup in a century is set to hit real estate agents this week. Starting Saturday, the changes, which are part of a $418 million settlement announced in March by the powerful trade group the National Association of Realtors, eliminate informal rules that propped up the industry’s traditional payment structure.
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