5 Important Truths About Mississippi’s Real Estate Markets
1 – All real estate is local.
There is no such thing as a national real estate market. If you pay attention to the news media, you might think that real estate markets are troubled everywhere. Not true! If you’re considering buying or selling a home, pay attention to sales price trends, volume and inventory in your target market. Get the facts straight by talking to a local Real Estate Company.
2 – Purchasing a home in Mississippi is a great long-term investment.
Homeownership is still the number one way that Mississippi families build wealth. Did you know that 60 percent of the average homeowner’s wealth comes from their home’s equity? The average renter’s net worth is $4,800, while the average homeowner’s net worth is $171,000. And the average return on a five percent down payment over 10 years is usually three to five times greater than stock market returns. Real estate has delivered the most consistent positive return over any investment over the past 40 years.
3 – A house is not a place to make a quick buck. It’s a place to call home.
Despite the recent popularity of television shows like “Flip this House”, real estate was never meant to be a quick-in, quick-out proposition. Homeownership provides shelter, a place to raise a family, a greater sense of community and a better quality of life – not to mention savings accumulated through equity and tax benefits. No paper investment can claim all of these benefits.
4 – Now is a good time to buy.
Housing inventory levels in many markets are high and interest rates are at historic lows. Contrary to perceptions, conventional mortgages are widely available at favorable interest rates for the bulk of homebuyers. Buyers with good credit and a realistic view of what they can afford should have no difficulty obtaining mortgage approvals.
5 – Realtors add value to the real estate transaction – and your bottom line.
Studies show that sellers who use a Realtor get up to 26 percent more for their home. Realtors handle hundreds of real estate transactions over the course of their careers and can counsel and guide buyers and sellers through the process. They have the expertise and experience to help sellers protect their investments and help buyers build theirs.
List of Mississippi Real Estate Companies:
|Owen & Co., LLC Real Estate||http://firstname.lastname@example.org||(228) 822-9870||2208 18th St
Gulfport, MS 39501
|Cameron Bell Properties||http://email@example.com||(228) 861-5939||14335 Dedeaux Rd
Gulfport, MS 39503
|Moran Realty Co.||http://firstname.lastname@example.org||(228) 875-5464||712 Washington Ave
Ocean Springs, MS 39564
|Gardner, Realtors||http://email@example.com||(228) 388-4430||2170 E Pass Rd
Gulfport, MS 39507
|Keller Williams Realty||http://firstname.lastname@example.org||(601) 749-1900||219 Telly Rd
Picayune, MS 39466
|Seaway Business Park||http://email@example.com||(228) 575-7731||14231 Seaway Rd
Gulfport, MS 39503
|CrestCore Realty||http://www.crestcore.com/||Info@CrestCore.com||(901) 385-3119||5118 Park Ave
Memphis, TN 38117
|Allstar Management||http://firstname.lastname@example.org||(662) 510-5692||1761 Dancy Blvd
Horn Lake, MS 38637