RESIDENTAL SALES ACTIVITY AS OF 30 NOVEMBER 2011
AVERAGE SALES PRICE BY AREA AS OF 30 NOVEMBER 2011
Home foreclosures in Mississippi are up substantially. A national firm that tracks the trend says there was a 40 percent jump in the number of homes that were repossessed in the last three months. According to RealtyTrac, lenders repossessed 727 homes from July through September and sent out notices of pending foreclosures to another 705 owners. Still, experts say that number is down from where it was in the same period a year ago. The state has one of the lowest foreclosure rates in the nation for the number mortgages borrowers default on. Mississippi’s Attorney General is now joining others across the nation investigating whether mortgage companies should be forced to stop foreclosures following allegations of improper practices by some lending agents.
On a local level the map represents the following foreclosure filings by area: Pass Christian -no data available Long Beach – 4 foreclosure properties, 1 in every 2131 Housing Units. Gulfport - 20 foreclosure properties, 1 in every 1775 Housing Units. Saucier - 5 foreclosure properties, 1 in every 846 Housing Units. Biloxi - 10 foreclosure properties, 1 in every 3155 Housing Units.
On a local level the map represents the following foreclosure filings by area: Bay St Louis-6 foreclosure properties, 1 in every 1416 Housing Units. Waveland– 4 foreclosure properties, 1 in every 865 Housing Units. Kiln- 1 foreclosure properties, 1 in every 1908 Housing Units. Diamonhead - 4 foreclosure properties, 1 in every 740 Housing Units.
On a local level the map represents the following foreclosure filings by area: Ocean Springs – 12 foreclosure properties, 1 in every 1207 Housing Units. Gautier- 9 foreclosure properties, 1 in every 815 Housing Units. Moss Point - 5 foreclosure properties, 1 in every 2789 Housing Units. Pascagoula - 1 foreclosure properties, 1 in every 5502 Housing Units.
Coldwell Banker Alfonso Realty Market Share
Coldwell Banker Alfonso Realty across the the three Coastal Counties controls just over 20% of the Market Share. The yellow represents the number of listings sold as of October 2011 and the green represents the number of listings currently in our inventory.
