Pearl River - Volume 14, Issue 9 - (Page 34) 5 things pc 34 - For Advertising Information Call 228-497-4443 2/13/08 5:33 PM Page 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 REALTOR®. 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. 1 5 IMPORTANT TRUTHS ABOUT MISSISSIPPI’S REAL ESTATE MARKETS 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. Home buyers and sellers are hearing a lot of distracting information about the real estate market today. Reports that prices are still too high, there are too many houses on the market, loans are difficult to get and housing just isn’t the investment it used to be all discourage consumers from entering the market. The good news is that Mississippi real estate markets remain a stable and responsible marketplace for home buyers and sellers. 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 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 4 2 Pearl River Board of REALTORS®
Table of Contents Feed for the Digital Edition of Pearl River - Volume 14, Issue 9 Pearl River - Volume 14, Issue 9 Pearl River - Volume 14, Issue 9 - (Page 1) Pearl River - Volume 14, Issue 9 - (Page 2) Pearl River - Volume 14, Issue 9 - (Page 3) Pearl River - Volume 14, Issue 9 - (Page 4) Pearl River - Volume 14, Issue 9 - (Page 5) Pearl River - Volume 14, Issue 9 - (Page 6) Pearl River - Volume 14, Issue 9 - (Page 7) Pearl River - Volume 14, Issue 9 - (Page 8) Pearl River - Volume 14, Issue 9 - (Page 9) Pearl River - Volume 14, Issue 9 - (Page 10) Pearl River - Volume 14, Issue 9 - (Page 11) Pearl River - Volume 14, Issue 9 - (Page 12) Pearl River - Volume 14, Issue 9 - (Page 13) Pearl River - Volume 14, Issue 9 - (Page 14) Pearl River - Volume 14, Issue 9 - (Page 15) Pearl River - Volume 14, Issue 9 - (Page 16) Pearl River - Volume 14, Issue 9 - (Page 17) Pearl River - Volume 14, Issue 9 - (Page 18) Pearl River - Volume 14, Issue 9 - (Page 19) Pearl River - Volume 14, Issue 9 - (Page 20) Pearl River - Volume 14, Issue 9 - (Page 21) Pearl River - Volume 14, Issue 9 - (Page 22) Pearl River - Volume 14, Issue 9 - (Page 23) Pearl River - Volume 14, Issue 9 - (Page 24) Pearl River - Volume 14, Issue 9 - (Page 25) Pearl River - Volume 14, Issue 9 - (Page 26) Pearl River - Volume 14, Issue 9 - (Page 27) Pearl River - Volume 14, Issue 9 - (Page 28) Pearl River - Volume 14, Issue 9 - (Page 29) Pearl River - Volume 14, Issue 9 - (Page 30) Pearl River - Volume 14, Issue 9 - (Page 31) Pearl River - Volume 14, Issue 9 - (Page 32) Pearl River - Volume 14, Issue 9 - (Page 33) Pearl River - Volume 14, Issue 9 - (Page 34) Pearl River - Volume 14, Issue 9 - (Page 35) Pearl River - Volume 14, Issue 9 - (Page 36) Pearl River - Volume 14, Issue 9 - (Page 37) Pearl River - Volume 14, Issue 9 - (Page 38) Pearl River - Volume 14, Issue 9 - (Page 39) Pearl River - Volume 14, Issue 9 - (Page 40) Pearl River - Volume 14, Issue 9 - (Page 41) Pearl River - Volume 14, Issue 9 - (Page 42) Pearl River - Volume 14, Issue 9 - (Page 43) Pearl River - Volume 14, Issue 9 - (Page 44) Pearl River - Volume 14, Issue 9 - (Page 45) Pearl River - Volume 14, Issue 9 - (Page 46) Pearl River - Volume 14, Issue 9 - (Page 47) Pearl River - Volume 14, Issue 9 - (Page 48) Pearl River - Volume 14, Issue 9 - (Page 49) Pearl River - Volume 14, Issue 9 - (Page 50) Pearl River - Volume 14, Issue 9 - (Page 51) Pearl River - Volume 14, Issue 9 - (Page 52) Pearl River - Volume 14, Issue 9 - (Page 53) Pearl River - Volume 14, Issue 9 - (Page 54) Pearl River - Volume 14, Issue 9 - (Page 55) Pearl River - Volume 14, Issue 9 - (Page 56) Pearl River - Volume 14, Issue 9 - (Page 57) Pearl River - Volume 14, Issue 9 - (Page 58) Pearl River - Volume 14, Issue 9 - (Page 59) Pearl River - Volume 14, Issue 9 - (Page 60) Pearl River - Volume 14, Issue 9 - (Page 61) Pearl River - Volume 14, Issue 9 - (Page 62) Pearl River - Volume 14, Issue 9 - (Page 63) Pearl River - Volume 14, Issue 9 - (Page 64) Pearl River - Volume 14, Issue 9 - (Page 65) Pearl River - Volume 14, Issue 9 - (Page 66) Pearl River - Volume 14, Issue 9 - (Page 67) Pearl River - Volume 14, Issue 9 - (Page 68) Pearl River - Volume 14, Issue 9 - (Page 69) Pearl River - Volume 14, Issue 9 - (Page 70) Pearl River - Volume 14, Issue 9 - (Page 71) Pearl River - Volume 14, Issue 9 - (Page 72)
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