Mississippi Business Journal » home sales

State home sales improving but still a buyer’s market

Becky Gillette — Sun, 26 Aug 2012 06:01:02 +0000

While there is still no doubt it is a buyer’s market, Mississippi Association of Realtors (MAR) representatives from Jackson, the Coast and Northwest Mississippi report that home sales are improving and prices seem to be stabilizing. Home sales on the Coast are up so far this year from 2011. “Our last month tabulated was June [...]

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Home sales, prices up on Coast compared to 2010

Associated Press — Tue, 24 Jan 2012 17:50:27 +0000

MISSISSIPPI GULF COAST — Mississippi Gulf Coast home sales finished 2011 on an upswing, with average sales prices up $8,000 in December and more homes sold than at the end of 2010. The Mississippi Gulf Multiple Listing Service report showed the average sales price of a home in South Mississippi was $124,694 in December. That [...]

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FNC: U.S. home prices fell despite strong sales

MBJ Staff — Sun, 23 Oct 2011 22:31:05 +0000

OXFORD — FNC Inc.’s latest Residential Price Index indicates U.S. home prices declined in August despite strong existing home sales during the month. This decline reverses a modest fourth-month long seasonal uptrend. Amid weak economic fundamentals, home prices — as well as a number of key leading housing indicators including new housing starts and building [...]

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Home sales up, prices down in South Mississippi

Associated Press — Tue, 18 Oct 2011 18:28:28 +0000

SOUTH MISSISSIPPI — The pace of home sales in South Mississippi is up for the first nine months of 2011 but the average price is not. From January through September, 267 more homes were sold than for the same period last year. The Sun Herald reports those who sold their homes this year received an [...]

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Home sales up, but buyers still skittish

Associated Press — Tue, 27 Jul 2010 11:00:37 +0000

WASHINGTON — Sales of new homes jumped last month, but it was the second-weakest month on record. The lackluster economy has made potential buyers skittish about shopping for homes. New home sales rose nearly 24 percent in June from a month earlier to a seasonally adjusted annual sales pace of 330,000, the Commerce Department said [...]

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Pending home sales surged in March

Associated Press — Tue, 04 May 2010 15:33:28 +0000

WASHINGTON — The number of buyers who signed contracts to purchase homes surged more than expected in March, another sign that government incentives are propelling the housing market this spring. The National Association of Realtors said today its seasonally adjusted index of sales agreements for previously occupied homes rose 5.3 percent from a month earlier [...]

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U.S. home sales exceed forecasts

Associated Press — Thu, 22 Apr 2010 22:31:22 +0000

WASHINGTON — Home sales rose more than expected in March, reversing three months of declines, as government incentives drew in buyers and kicked off what’s expected to be a strong spring selling season. Sales of previously occupied homes rose 6.8 percent to a seasonally adjusted annual rate of 5.35 million last month, the highest level [...]

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Home sales increase in the South

Associated Press — Wed, 24 Mar 2010 11:36:50 +0000

Home sales in the South rose nearly 8 percent in February, as federal tax credits and bargain prices enticed buyers. Last month, 113,000 homes were sold in the region, but the median sales price dipped 4 percent from a year ago to $139,600, the National Association of Realtors said yesterday. Sellers cut asking prices to [...]

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Home sales soar in the South

Associated Press — Mon, 01 Mar 2010 12:12:33 +0000

MIAMI — Home sales in the South posted an annual increase of 8 percent in January as buyers grabbed hold of federal tax credits and affordable prices. However, sales plummeted 35 percent from December, a sign that the housing market’s recovery may be on shaky ground. The median sales price of previously owned homes was [...]

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Home prices continue to rise

Associated Press — Tue, 26 Jan 2010 15:42:22 +0000

MIAMI – Home prices rose for the sixth straight month in November, with 14 of 20 metro areas posting improvements from the month before. The Standard & Poor’s/Case-Shiller home price index released today inched up 0.2 percent to a seasonally adjusted reading of 145.49. The index was off 5.3 percent from November last year, nearly [...]

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