Southeast Mississippi Homefinder - Volume 15, Issue 16 - (Page 30) 5 things pc 30 - 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
Table of Contents Feed for the Digital Edition of Southeast Mississippi Homefinder - Volume 15, Issue 16 Southeast Mississippi Homefinder - Volume 15, Issue 16 Southeast Mississippi Homefinder - Volume 15, Issue 16 - (Page 1) Southeast Mississippi Homefinder - Volume 15, Issue 16 - (Page 2) Southeast Mississippi Homefinder - Volume 15, Issue 16 - (Page 3) Southeast Mississippi Homefinder - Volume 15, Issue 16 - (Page 4) Southeast Mississippi Homefinder - Volume 15, Issue 16 - (Page 5) Southeast Mississippi Homefinder - Volume 15, Issue 16 - (Page 6) Southeast Mississippi Homefinder - Volume 15, Issue 16 - (Page 7) Southeast Mississippi Homefinder - Volume 15, Issue 16 - (Page 8) Southeast Mississippi Homefinder - Volume 15, Issue 16 - (Page 9) Southeast Mississippi Homefinder - Volume 15, Issue 16 - (Page 10) Southeast Mississippi Homefinder - Volume 15, Issue 16 - (Page 11) Southeast Mississippi Homefinder - Volume 15, Issue 16 - (Page 12) Southeast Mississippi Homefinder - Volume 15, Issue 16 - (Page 13) Southeast Mississippi Homefinder - Volume 15, Issue 16 - (Page 14) Southeast Mississippi Homefinder - Volume 15, Issue 16 - (Page 15) Southeast Mississippi Homefinder - Volume 15, Issue 16 - (Page 16) Southeast Mississippi Homefinder - Volume 15, Issue 16 - (Page 17) Southeast Mississippi Homefinder - Volume 15, Issue 16 - (Page 18) Southeast Mississippi Homefinder - Volume 15, Issue 16 - (Page 19) Southeast Mississippi Homefinder - Volume 15, Issue 16 - (Page 20) Southeast Mississippi Homefinder - Volume 15, Issue 16 - (Page 21) Southeast Mississippi Homefinder - Volume 15, Issue 16 - (Page 22) Southeast Mississippi Homefinder - Volume 15, Issue 16 - (Page 23) Southeast Mississippi Homefinder - Volume 15, Issue 16 - (Page 24) Southeast Mississippi Homefinder - Volume 15, Issue 16 - (Page 25) Southeast Mississippi Homefinder - Volume 15, Issue 16 - (Page 26) Southeast Mississippi Homefinder - Volume 15, Issue 16 - (Page 27) Southeast Mississippi Homefinder - Volume 15, Issue 16 - (Page 28) Southeast Mississippi Homefinder - Volume 15, Issue 16 - (Page 29) Southeast Mississippi Homefinder - Volume 15, Issue 16 - (Page 30) Southeast Mississippi Homefinder - Volume 15, Issue 16 - (Page 31) Southeast Mississippi Homefinder - Volume 15, Issue 16 - (Page 32) Southeast Mississippi Homefinder - Volume 15, Issue 16 - (Page 33) Southeast Mississippi Homefinder - Volume 15, Issue 16 - (Page 34) Southeast Mississippi Homefinder - Volume 15, Issue 16 - (Page 35) Southeast Mississippi Homefinder - Volume 15, Issue 16 - (Page 36) Southeast Mississippi Homefinder - Volume 15, Issue 16 - (Page 37) Southeast Mississippi Homefinder - Volume 15, Issue 16 - (Page 38) Southeast Mississippi Homefinder - Volume 15, Issue 16 - (Page 39) Southeast Mississippi Homefinder - Volume 15, Issue 16 - (Page 40)
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