About De Soto County, MS

Olive Branch MS Real Estate Market Report - October 2009
by Pam Simpson
Desoto-Tate County Real Estate

There were 71 residential sales in Olive Branch MS in the month of October. The average sales price was $180,729 and the average days on the market was 151.

Of the 71 sales in October, 8.5% of them were foreclosures.

Here are the comparisons for last month and last year:

September 2009
Sales 68 Avg $184,670 Avg days on market 126

October 2008
Sales 61 Avg $192,817 Avg days on market 143

Currently, there are 449 active residential listings in Olive Branch MS with prices ranging from $45,000 to $995,000. The median listing price is $209,900.

The 449 active listings represent a 6.8 month supply of inventory which is down exactly 1 month. The percentage of active listings that are foreclosures is 8.7%.

Click here to find Olive Branch homes for sale>>>>

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About the author: Pam Simpson is an Assoc. Broker with Bob Leigh & Associates, LLC in Northwest MS. Copyright© 2009 by Pam Simpson. All rights reserved...***Olive Branch MS Real Estate Market Report - October 2009***

FOR BUYERS: Buying a Foreclosure, Finding a Home, Loan Info, Tax Credit, Interest Rates,
First Time Homebuyer Guide

FOR SELLERS: Pricing, Selling Tips

LOCAL COMMUNITY INFO: Tate County Community, Memphis Community, Southaven Community, Hernando Community

MARKET REPORTS: Foreclosure Report, Hernando MS Report, Olive Branch MS Report, Tate County MS Report

REALTOR STUFF: NAR, Real Estate and Media, Real Estate Agents

OTHER: Rural Life, Breast Cancer Awareness, Angel Food Ministries, Property Rights, Auctions

Disclaimer: All information provided by this author may be based on information collected from several sources and is believed accurate but not guaranteed.

Hernando MS Real Estate Market Report - October 2009
by Pam Simpson
Desoto-Tate County Real Estate

Hernando MS had 28 residential sales in the month of October with an average sales price of $180,745. The average days on the market was 156.

The percentage of sales that were foreclosures was 7% which is down significantly from the previous month.

Note: The average sales price in September was skewed by an unusually large sale.

Here are the comparisons for last month and last year:

September 2009
Sales 31 Avg $206,600 Avg days on market 126

October 2008
Sales 30 Avg $201,147 Avg days on market 133

Currently, there are 257 active listings in Hernando MS with the prices ranging from a low of $49,900 and a high of $950,000. The median list price is $215,000.

The number of current active listings represent a 9 month supply of inventory in Hernando MS. That is up slightly from last month.

The percentage of active listings in Hernando MS that are foreclosures is 4.3%.

Click to find Hernando MS homes for sale>>>

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About the author: Pam Simpson is an Assoc. Broker with Bob Leigh & Associates, LLC in Northwest MS. Copyright© 2009 by Pam Simpson. All rights reserved...***Hernando MS Real Estate Market Report - August 2009***

FOR BUYERS: Buying a Foreclosure, Finding a Home, Loan Info, Tax Credit, Interest Rates,
First Time Homebuyer Guide

FOR SELLERS: Pricing, Selling Tips

LOCAL COMMUNITY INFO: Tate County Community, Memphis Community, Southaven Community, Hernando Community

MARKET REPORTS: Foreclosure Report, Hernando MS Report, Olive Branch MS Report, Tate County MS Report

REALTOR STUFF: NAR, Real Estate and Media, Real Estate Agents

OTHER: Rural Life, Breast Cancer Awareness, Angel Food Ministries, Property Rights, Auctions

Disclaimer: All information provided by this author may be based on information collected from several sources and is believed accurate but not guaranteed.

Olive Branch MS Real Estate Market Report - September 2009
by Pam Simpson
Desoto-Tate County Real Estate

The number of residential sales in Olive Branch MS in September jumped to 68. The average sales price increased slightly to $184,670 and the average days on the market was 126.

Here are the comparisons for last year and last month:

August 2009
sales: 59 Avg. Price: $178,631 Avg. DOM: 145

September 2008
sales: 81 Avg. Price: $194,437 Avg. DOM: 120

Out of the 68 homes that sold in September in Olive Branch MS, 25% were foreclosure sales.

Currently, there are 486 active residential listings in Olive Branch MS. This represents a 7.8 month supply of inventory which is down slightly. The sales prices range from $54,900 to $1,270,000 with the median being $209,900.

Foreclosures make up 8.8% of the available homes for sale in Olive Branch MS.

<<<<<<<< Olive Branch MS homes for sale
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About the author: Pam Simpson is an Assoc. Broker with Bob Leigh & Associates, LLC in Northwest MS. Copyright© 2009 by Pam Simpson. All rights reserved...***Olive Branch MS Real Estate Market Report September 2009***

FOR BUYERS: Buying a Foreclosure, Finding a Home, Loan Info, Tax Credit, Interest Rates,
First Time Homebuyer Guide

FOR SELLERS: Pricing, Selling Tips

LOCAL COMMUNITY INFO: Tate County Community, Memphis Community, Southaven Community, Hernando Community

MARKET REPORTS: Foreclosure Report, Hernando MS Report, Olive Branch MS Report, Tate County MS Report

REALTOR STUFF: NAR, Real Estate and Media, Real Estate Agents

OTHER: Rural Life, Breast Cancer Awareness, Angel Food Ministries, Property Rights, Auctions

Disclaimer: All information provided by this author may be based on information collected from several sources and is believed accurate but not guaranteed.

Hernando MS Real Estate Market Report - September 2009
by Pam Simpson
Desoto-Tate County Real Estate

There were 31 residential sales in Hernando MS for the month of September which is a slight increase over the previous month. The average sales price was $206,600 and the average days on the market was 126.

The average sales price jumped due to one particular sales that was in excess of $600,000.

Foreclosure sales made up 10% of all homes sold in Hernando MS during the month of September.

Here are comparisions for last month and last year:

August 2009
sales: 27 Avg. Price: $154,535 Avg. DOM: 181

September 2008
sales: 25 Avg. Price: $199,548 Avg. DOM: 134

Hernando MS currently has 257 active residential listings. The prices range from $55,000 to $1,100,000. The median price is $225,000.

Ther current supply of available homes for sale in Hernando MS has shrunk to an 8.2 months supply of inventory. The number of active listings which are foreclosures represent about 5.4% of available homes.

<<<<<Hernando MS Homes For Sale
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About the author: Pam Simpson is an Assoc. Broker with Bob Leigh & Associates, LLC in Northwest MS. Copyright© 2009 by Pam Simpson. All rights reserved...***Hernando MS Real Estate Market Report - September 2009***

FOR BUYERS: Buying a Foreclosure, Finding a Home, Loan Info, Tax Credit, Interest Rates,
First Time Homebuyer Guide

FOR SELLERS: Pricing, Selling Tips

LOCAL COMMUNITY INFO: Tate County Community, Memphis Community, Southaven Community, Hernando Community

MARKET REPORTS: Foreclosure Report, Hernando MS Report, Olive Branch MS Report, Tate County MS Report

REALTOR STUFF: NAR, Real Estate and Media, Real Estate Agents

OTHER: Rural Life, Breast Cancer Awareness, Angel Food Ministries, Property Rights, Auctions

Disclaimer: All information provided by this author may be based on information collected from several sources and is believed accurate but not guaranteed.

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The MS Home Corporation has a new program called "Homebuyer Advantage." This program will provide funds for homebuyers to aid in principle reduction, covering closing cost/ prepaids and "half" of the required down payment (based on loan type) for foreclosed properties.

Other conditions do apply. See below:

For more information on this program, please call DOUG CAPPS at (662) 429-5100 Ext. 105.

Fairway Independent Mortgage Corporation, 224 West Commerce St, Hernando, MS 38632 is a "MS and TN Licensed Mortgage Company." An Equal Housing Lender. All loans are subject to credit approval and compliance with investor guidelines.

Know your mortgage options!