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Northwest MS Foreclosure Report - Summer 2010

Northwest MS Foreclosure Activity

The above graph shows the Foreclosure Activity in the Northwest MS real estate market for April, May, and June 2010.  During April and the first part of May, we had many more homes go under contract which resulted in a depletion of inventory.  In the past couple of weeks, we have seen foreclosure inventory rise.

 

Foreclosures in Northwest MS represent less than 10% of all available homes for sale; however, they made up 1/4 of all homes sold during the months of April, May and June 2010.

 

Foreclosures as percent of active listings

Foreclosures as a percentage of sales

Currently, Southaven tops Olive Branch as the city with the most foreclosures in Northwest MS.

Foreclosures by Community

Contact Pam for more information about Foreclosure Homes for sale in Northwest MS.
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If you are looking for a Realtor® who knows the local Northwest MS real estate market, contact Pam.

About the author:   Pam Simpson is an Assoc. Broker with Bob Leigh & Associates, LLC in Northwest MS.  Copyright©  2010 by Pam Simpson.  All rights reserved.

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

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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Post is included in group: North Mississippi Community Forum
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Pam Simpson - GRI, Broker-Assoc.

Senatobia, MS

More about me…

Bob Leigh & Assoc., LLC

Office Phone: (662) 449-3530

Email Me

Senatobia real estate, Tate County real estate, Hernando real estate, Desoto county real estate, HUD Homes, REO


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