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Mississippi State Overview

Naomi M — Thu, 04 Oct 2007 15:15:30 -0500

Capital: Jackson
Estimated 2004 population: 2,902,966
Change from 2000: +58,308
2004 housing units: 1,221,240
Housing units change from 2000-2004: +54,786

Mississippi Economy

South Mississippi housing market after Katrina

Naomi M — Tue, 01 May 2007 00:00:00 -0500

Housing continues to be one of the biggest challenges of Katrina recovery. For those looking to buy, area realtors say prices are stabilizing and there are thousands of homes for sale right now. For sale signs are popping in up all types of neighborhoods, but some realtors say the higher the home price, the longer the signs are staying in the yards.

"It's supply and demand related. When more people who can't afford to buy here, or choose not to come here, the more homes that stay on the market," said Jim Atchison of REMAX Realty.