Mississippi Archives - Housing Market Home Values, Mortgage Rates, Real Estate News

2018 Predictions for the Mississippi Housing Market

Are you thinking about selling your home in Mississippi during 2018? Recent data shows that the housing market is looking good for both buyers and sellers this year. While there may be some challenges along the way, the Mississippi housing market appears to be doing well with the main issue being that there is a… Continue reading 2018 Predictions for the Mississippi Housing Market

2015 Mississippi Real Estate and Housing Market Predictions

Compared to the rest of the country Mississippi real estate appreciation rates in recent years have been relatively low. But Mississippi residents, and those looking to become residents in the near future, will find that recent 2015 housing market home appreciation rates in the state have been some of the highest in the nation. Just… Continue reading 2015 Mississippi Real Estate and Housing Market Predictions

2014 Mississippi Housing Market

As was the case with many of the other states through the US, Mississippi recovered from the 2008 economic crash at an incredibly slow rate. The 2014 Mississippi housing market continues to grow a little stronger with every passing trimester. Surely, one could argue that Mississippi never fared as well at other states. Mississippi lagged… Continue reading 2014 Mississippi Housing Market

2013 Mississippi Housing Market

Despite widespread reports of a nationwide real estate market recovery, Mississippi continues to lag slightly behind. Forecasts call for an annual appreciation rate for single family homes in Mississippi’s residential housing market of 0.3 percent by September of 2013. However, in late March of 2013, Veros, a Santa Ana, Calif.-based predictive analytics firm, projected that… Continue reading 2013 Mississippi Housing Market

Mortgage Delinquencies Drop Two Straight Months

By Mike Colpitts Mortgage delinquencies fell for the second consecutive month in July and are down 11% for the last year, signaling a major improvement for the U.S. housing market, according to Lender Processing Services. Loans that are 30 days or more past due made up just 7.03% of home mortgages. The decline in late… Continue reading Mortgage Delinquencies Drop Two Straight Months

Isaac Poses $36 Billion in Storm Damage

By Mike Colpitts As it roars toward the Gulf Coast to make landfall forecast to turn into a hurricane, tropical storm Isaac poses more than $36 billion in financial losses to the Gulf Coast, according to a real estate research firm. An estimated 269,081 homes and other residential properties in just seven major metropolitan areas… Continue reading Isaac Poses $36 Billion in Storm Damage

Mortgage Delinquencies Jump

By Mike Colpitts Homeowners in trouble on their mortgages jumped as more homes joined the long line of defaults in May showing another sign the U.S. economy is weakening, according to real estate analytics company Lender Processing Services. The slim 1.1% monthly jump in defaults is a troubling sign for the U.S. housing market, still… Continue reading Mortgage Delinquencies Jump

Real Estate Recovery Likely to Produce Higher Home Prices

By Mike Colpitts The fallout from the real estate collapse is starting to see a turn around in some areas of the U.S. Home sales slid 7.4% in March in western U.S. states but fell more modestly in the rest of the country, according to the National Association of Realtors. But home prices in some… Continue reading Real Estate Recovery Likely to Produce Higher Home Prices

Florida Capital Named Baby Boomers Favorite

The capital of Florida has been named the favorite U.S. city for baby boomers to retire by a Washington based economics research group. Tallahassee, Florida won out over 20 other cities considered for the prestigious award as the ideal place to retire. The southern city was selected after researchers considered a combination of factors, including… Continue reading Florida Capital Named Baby Boomers Favorite