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Tag Archives: home sales

Home sales rising in parts of the state

People in the real estate business aren’t exactly doing cartwheels, but in some areas of the state homes sales have picked up at an encouraging pace. “I will tell you from conversations with individuals around the state that things are looking up,” said Ken Austin, a Mississippi Coast Realty real estate agent who is president of the Mississippi Association of ...

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State home sales improving but still a buyer’s market

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 and the Gulf Coast Multiple ...

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Home sales, prices up on Coast compared to 2010

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 was $2,000 below the average ...

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

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 permits — signal a likely ...

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Home sales up, prices down in South Mississippi

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 average of $117,876, which is ...

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Home sales up, but buyers still skittish

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 Monday. May’s number was revised ...

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Pending home sales surged in March

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 to a reading of 102.9. ...

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U.S. home sales exceed forecasts

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 since December, the National Association ...

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Home sales increase in the South

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 compete with low-priced foreclosures that ...

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Home sales soar in the South

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 $140,200, a decrease of 2 ...

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