Market Correction in Pearl River County, MS - 10/18/07 09:07 AM
Pearl River County has seen a huge market correction over the past few months with 87 homes dropping in price since September 15th, 2007.  This market correction is well overdue since Hurricane Katrina sparked a high demand in real estate, and created a false sense of property values with sellers.
As I stated on my blog back in March, sellers had become unrealistic in the expectations of the value of their properties, and the average days on the market for most properties has lagged on over the summer, proving this assumption.
Other factors do play a part in our lagging market.  Home owner's … (0 comments)

 
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Michelle Fradella-Barfuss

Picayune, MS

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Marketing Coach - Keller Williams Realty Professionals

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Marketing for Real Estate has changed over the past decade, and in order to keep up with and dominate the competition, you need to be online. Find out how to use Internet Marketing in your Real Estate Business.


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