Small Mississippi towns in DeSoto County are experiencing growth, says a local Realtor.

Horn Lake

"Horn Lake is a delightful small town with a warm, friendly atmosphere," says Realtor Regina Mohamed. "Horn Lake has experienced growth like much of DeSoto County. The parks department has expanded with new baseball fields. Currently over 220 existing homes are listed and make up the largest portion of the real estate market, averaging 90 days to sell. New home construction makes up about one third of the market. Existing homes are holding value but must compete against new construction. New construction costs are continuing to rise which is reflected in the pricing."

Hernando

"Historic Hernando is one of Mississippi's best kept secrets," says Mohamed. "The rich history of DeSoto County can be found just walking around the courthouse square. You will enjoy the small town atmosphere and charm of this community."

Mohamed explains, "Hernando is still experiencing a buyer's market. Over 270 homes are listed, of this amount approximately 150 are new construction. New construction creates competition with existing housing. More and more people choose new construction over an existing home. Existing homes are averaging 90 days or more to sell. Construction costs are still rising, we can see this correspond with the new construction prices. Many people overlook existing homes. Often times a new home is smaller than an existing home within the same price range."

Olive Branch

"Olive Branch offers the best of both worlds: pleasant, comfortable, uncongested living and employment all less than 30 minutes from the financial, cultural and distribution center of the Mid-South. It has award-winning schools, a diverse economy and an airport, all with a small town atmosphere."

The population of Olive Branch is growing, and it's now over 30,000 residents. "Olive Branch is still experiencing a buyer's market with over 450 homes currently listed, more than 235 are new homes. Existing homes are moving a little more slowly than any seller or Realtor would like. Existing homes, while holding value, are competing against new construction. However, construction costs are still rising, and these costs are reflected in the pricing of new homes."

Published: October 27, 2003

Use of this article without permission is a violation of federal copyright laws.

Blanche is a renowned author of five real estate books. Her newest, Bubbles, Booms and Busts: Make Money In Any Real Estate Market, McGraw-Hill, was rave-reviewed by The New York Times. She was also selected from hundreds of real estate experts to contribute to Donald Trump's book, Trump: The Best Real Estate Advice I Ever Received: 100 Top Experts Share Their Strategies, Rutledge Hill Press, and is featured on page 68. Order Now Review - Honors In 2006, Blanche was selected among scores of candidates to author two consumer real estate guidebooks for the National Association of Realtors: The NAR Guide to Home Buying, and The NAR Guide to Home Selling, Wiley & Sons. She is currently planning two new books for the NAR and its members.       Known for her keen insight into real estate industry issues and for her ability to make complex subjects easy to understand, Blanche is a sought-after keynote and continuing education speaker. Real estate organizations from MLSs, to brokerages, to franchisors, to associations hire her to provide up-to-the-minute analysis of real estate industry news and advice on how to improve revenues. Her passionate delivery, peppered with stinging wit, is a huge hit with audiences and fans. Don Klein, CEO Greater Nashville Association of Realtors, Blanche Evans, Richard Courtney, president 2007, GRAR "The GNAR membership meeting last week featured Blanche Evans as the keynote speaker. Her comments and insights resonated extremely well with those in attendance and we have had many requests for copies of her PowerPoint Presentation. She was a terrific part of the membership meeting and convention program!" - Don Klein, CEO Greater Nashville Association of Realtors Coverage from WSMV, Nashville - 8-14-2007 That Interview Guy - Get Inside The Head Of Today's Generation 2007 AE Institute Session - To purchase 2006 AE Institute Session - Parts 1 2 3 4 5 6 7 8 9 HouseValues Mastermind call - Parts 1 2 Blanche's fireside chat with Jeremy Conaway, HAR - Click here. For more articles by Blanche, click here.