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| The Forrest and Lamar Counties combined unemployment rate is the lowest of any metropolitan area in the State |
Comparison of the Housing and Economic Recovery Act of 2008
and the new American Recovery & Reinvestment Act of 2009
and the new American Recovery & Reinvestment Act of 2009
As the old expression goes, "the devil is in the details". Some people enjoy digging
a little deeper, so we created this page to offer additional information on the
Hattiesburg market area.
a little deeper, so we created this page to offer additional information on the
Hattiesburg market area.
2009 Quarterly Sales Statistics for Single Family
Homes the Hattiesburg Area
Homes the Hattiesburg Area
It often takes a few weeks for a home to close. The real estate industry found that
tracking sales performance by quarters of the year to be a more accurate
reflection of market performance. Provided for you are Sales and Listing stats for
our local market by quarters.(1st Quarter - Jan to March, 2nd Quarter – Apr to
June, 3rd Quarter – July to Sep, 4th Quarter - Oct to Dec.). Each quarter roughly
reflects a season of sales activity. Our area typically sees the greatest amount of
activity in the end of the 2nd quarter and the 3rd quarter. Events like presidential
elections and significant weather events such as Hurricane Katrina impact the
market.
tracking sales performance by quarters of the year to be a more accurate
reflection of market performance. Provided for you are Sales and Listing stats for
our local market by quarters.(1st Quarter - Jan to March, 2nd Quarter – Apr to
June, 3rd Quarter – July to Sep, 4th Quarter - Oct to Dec.). Each quarter roughly
reflects a season of sales activity. Our area typically sees the greatest amount of
activity in the end of the 2nd quarter and the 3rd quarter. Events like presidential
elections and significant weather events such as Hurricane Katrina impact the
market.
Mississippi Foreclosure Activity for January 2009.
State of Mississippi Labor Market Data, March 2009
| The $8,000 tax credit is still available and you might qualify even if you have owned a house in the past. |
Pictures courtesy of M&M Publishing
House Price Appreciation by State
Housing Affordability Index
This report (national and regional stats) shows the relationship in
housing payments to income. This report indicates that in the South,
housing affordability has improved by over 24 percent in the past
year and is the most favorable in years.
housing payments to income. This report indicates that in the South,
housing affordability has improved by over 24 percent in the past
year and is the most favorable in years.
This report shows home appreciation by state for 1 year, 5 years
and since 1980. Mississippi is one of only 17 states that had a
positive housing appreciation in 2008.
and since 1980. Mississippi is one of only 17 states that had a
positive housing appreciation in 2008.
This report provides information on foreclosures in the State versus other
states and a chart showing foreclosures by County in the State. Lamar and
Forrest Counties have very low foreclosure rates compared with other metro
areas in the state and Mississippi ranks the 8th lowest in the US - about
1/10th of the national average.
states and a chart showing foreclosures by County in the State. Lamar and
Forrest Counties have very low foreclosure rates compared with other metro
areas in the state and Mississippi ranks the 8th lowest in the US - about
1/10th of the national average.
Learn about the $8,000 housing tax credit and the details about the
differences in these housing acts.
differences in these housing acts.
The report provides details on the unemployment rates by County.
| MS Delta Officials estimates the construction of 20 homes valued at $50,000 each generates $1 million in tax revenue. |
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