On the Mississippi we have areas considered to be in a Buyer's Market and other area that are in a Seller's Market. For example, newer residential neighborhood north of Interstate 10 where insurance is less expensive, the average days on the market is 35 days. While in some area the average DOM is about 135 days. As always, pricing, location and marketing are critical. The condominium market us perfect for investors and second home. For example, a 2-bed, 2-bath, unit across the street from the beaches of the Gul of Mexico is selling for $45,000. Now is the perfect time!
Company: RE/MAX by the Gulf
Phone: 228-374-0880
Email: Al at alndee dot com