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This categorical search will feature information related to the housing market and mortgage lending. Here, real estate followers can read local sales statistics as well as national market news. Whether you are an experienced property owner or a first-time home owner, there are many articles and resources here that we would like to share with you.

While real estate news and information will largely pertain to residential properties, visitors can find some industry-wide topics included as well. Visitors can find residential market data covering all forms of residential real estate such as single-family homes, multi-family, and townhouses. Additionally, these categorical search results may also include blog articles discussing the topics relevant to listing your residential property. Looking at this category, the site visitors can easily understand the positives and negatives of current properties on the market.

Do you need more real estate guidance? It is also recommended for users to check out the following related categories:

Building

Homeowners

Investment

Lending

18 04, 2022

Short supply of houses for sale in Oxford

By |2022-04-18T14:45:38-05:00April 18th, 2022|News|0 Comments

There is a shortage of houses for sale in Oxford. Houses for sale in Oxford are few in number and increasingly exceeding the budget of buyers. Housing affordability is becoming a challenge for some homebuyers, especially for real estate in Oxford, MS. The real estate market in Oxford, MS is experiencing a multi-generational apex . Millennial homebuyers are beginning to have growing families and are increasingly purchasing homes. Simultaneously, many baby boomers want to retire in Mississippi to benefit from the tax incentives. The homebuying recovery is also strong. Buyers are eager to purchase [...]

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24 02, 2022

Housing market in Oxford: 2022 outlook

By |2022-02-24T13:54:52-06:00February 24th, 2022|News|0 Comments

We are expecting to see several events occur to change the housing market in Oxford. Here is our outlook for 2022. What is driving the housing market in Oxford? Hint: it's more than just the latest mortgage rates. Let's look back First, we need to begin in 2020. In March 2020, interest rate reduction allowed people to lower their respective payments through refi programs while also allowing people to borrow more money. The shutdown created less homes on the market due to supply chain bottlenecks, rising costs, and labor shortages. The small number of [...]

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1 04, 2020

COVID-19 and real estate

By |2020-04-03T17:00:00-05:00April 1st, 2020|News|0 Comments

COVID-19 and its impacts on real estate REALTORS® response to Covid-19 is enforcing sanitary and cleanliness at all time in real estate. Much like other sectors of life, COVID-19 is also having its impact on real estate. In response, Mississippi REALTORS® have been working diligently to respond to some of the challenges in this industry. Among these changes are the following in forms. COVID-19 Addendum to the F1 Contract for the Sale and Purchase of Real Estate (F1) This addendum provides some relaxing of the “Time is of the essence” provision of the Contract. [...]

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10 02, 2020

Millennials greatly value homeownership

By |2020-02-19T10:52:44-06:00February 10th, 2020|News|0 Comments

Most millennials value the purchase of a home over most other life decisions including marriage. Millennial home buyers are taking a long, careful approach to buying Millennial home buyers are a very calculating demographic. According to a Bank of America study conducted in 2018, most millennials value homeownership (72%) over over life events such as marriage (50%) or having children (44%). Therefore, they find themselves making very careful, well-planned home buying decisions. Needless to say, a home buyer should always take a methodical approach to purchasing regardless of age or financial position. Need advice for [...]

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29 01, 2019

Business Income Deduction for Self-Employed

By |2020-02-19T10:53:20-06:00January 29th, 2019|Investment, News|0 Comments

The regulations will benefit individuals, partnerships, S corporations, trusts and estates engaged in domestic trades or businesses. A business income deduction is available for eligible taxpayers with pass-through real estate businesses. The 2017 tax reform bill brought about Section 199A, the 20 percent business income deduction. The IRS created deduction by way of the Tax Cuts and Jobs Act of 2017. Almost any self-employed person or owner of a pass-through business (such as an S corporation, limited liability company, or partnership) with eligible income can take 20 percent off the top after business expenses are [...]

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29 11, 2018

Market Comparison Report for North Central Mississippi

By |2020-02-19T10:53:25-06:00November 29th, 2018|News|0 Comments

Home property values are on the rise while condo property values have slightly fallen. The following market comparison report is a property statistics analysis for Lafayette County. It covers the periods of January through August for 2017 and 2018. The residential market data covers all forms of residential real estate such as single-family homes, multi-family, and townhouses. Due to the number of condo/townhouse sales, statistics are likely skewed to this property type. Likewise, the residential market sales are requiring a trained professional to assess their true value. Beginning your property search? Are you thinking about buying [...]

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5 07, 2018

Professionals do it better

By |2020-02-19T10:53:56-06:00July 5th, 2018|News|0 Comments

Would you perform your own surgeries or dental work? If your answer to the question is "no", then I have a follow-up question. Do you trust professionals with expertise in a specific topic? If your answer is "yes", then next time you are assessing real estate, I highly recommend hiring a REALTOR. Professional of all types cost money Professionals do not work for free. Have you ever visited your doctor and expected the trip to be pro bono? Of course not. REALTORS are no different. The principle advantage is exposure. Hiring a REALTOR allows your property [...]

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25 06, 2018

1031 Tax Deferred exchange for business real estate owners

By |2020-02-20T10:24:46-06:00June 25th, 2018|Investment, News|0 Comments

Meet with your CPA to see if you could qualify and save tons of money with the Section 1031. Tax benefits for businesses owning real estate The 1031 Tax Deferred exchange has been beneficial for individuals in agriculture and small businesses since the 1920's. Over the years, it has provided tax benefits for businesses owning real estate by deferring capital gains taxes. As a result, the business owners have been reinvesting the sale proceeds on assets held for business and investment purposes. The basis of the 1031 Tax Deferred exchange is related to [...]

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20 06, 2018

Reemphasis on commercial Real Estate near suburban homes

By |2020-02-19T10:54:04-06:00June 20th, 2018|News|0 Comments

Commercial real estate is enjoying a trend near residential neighborhoods Imagine if the tables at this gourmet restaurant were only 10-20 paces from your front door? A recent study from Daily Real Estate News shows that the suburban neighborhood developments are now preferred to be more walk-able. In these walk-able communities, developers are locating commercial real estate properties in prominent locations alongside residential properties. The result? Neighborhoods with greater walk-ability tend to yield higher resale values than properties that are exclusively residential or commercial. Examples of these types of developments in Oxford is the [...]

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3 08, 2017

Mortgage rates fall in 2017

By |2018-07-05T09:51:51-05:00August 3rd, 2017|News|0 Comments

Alert residential real estate buyers in Oxford! More positive news for residential real estate buyers in Oxford! The National Association of Realtors Pending Home Sales Index, an indicator of housing demand, fell 0.8% in May for the third consecutive decline. Economists are speculating that interest rates are unlikely to rebound to pre-election highs of 4.3% amidst concerns of the new administration triggering more economic growth. Mortgage rate trends to 10-year T-bill Mortgage rates tend to follow the 10-year Treasury yields. For this reason, mortgage rates will increase if investors are expecting short-term interest rates to rise due [...]

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23 03, 2017

5 Predictions for Renters and Home Buyers around Oxford

By |2018-06-24T18:00:05-05:00March 23rd, 2017|News|0 Comments

Oxford MS housing market predictions Without a doubt, 2017 is showing the real estate market in Oxford is very strong. If the property is priced right, I've seen homes sold in less than 1 day. For some time, there has been a short supply of housing inventory and the response has been to build more. For renters, they have seen prices steadily rise as well. Some national trends such as interest rates will affect the Oxford market though their impact is uncertain. Here is Kiamie Real Estate's Oxford MS housing market predictions for 2017: Rents will [...]

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21 03, 2017

Mississippi First-Time Home Buyer Savings Account

By |2020-02-19T10:55:55-06:00March 21st, 2017|News|0 Comments

Some first-time home buyers may have additional financing options if HB 1601 passes. First-time home buyers rejoice! Good news for first-time home buyers looking for homes in Oxford and throughout Mississippi! The Senate Finance Committee has passed HB 1601. The Mississippi legislature proposes to create first-time home buyer savings accounts for Mississippians. The First-Time Home Buyer Savings Accounts can be used for saving funds for the purchase of homes by first-time home buyers. Consequently, the first-time home buyer can only access the funds in the account for the down payment and closing costs for [...]

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20 03, 2017

Should I Buy Down the Mortgage after Fed Rate Hikes

By |2018-06-26T16:00:49-05:00March 20th, 2017|News|0 Comments

Choosing to buy down the mortgage is never an awful idea, but is it the best use of your money? While we are still in the first quarter, national mortgage rates are up 0.5%. With any increase in mortgage rates, one must wonder if the time is right to buy the mortgage rate on your new loan down to control your monthly mortgage costs. Meanwhile, mortgage rates will rise as the Fed's economic outlook becomes more optimistic. How it works Buying down your mortgage also known as paying points is the method used to [...]

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3 12, 2016

Gaining some perspective of rising mortgage rates

By |2020-02-19T10:56:32-06:00December 3rd, 2016|News|0 Comments

Will investors be swayed by rising mortgage rates? There is a sentiment that rising mortgage rates could stall some home buyers who were already under financial constraints. At the close of November, the 30-year fixed-rate mortgage averaged its highest level in more than a year with rates increasing from 3.5 percent to 4.125 percent in less than a week, CNBC reports. "It's kind of sad, because you're helping out a first-time buyer who is in need of these low rates and doesn't have the personal liquidity to offset if the rates rise," one lender [...]

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2 08, 2016

Housing Opportunity Through Modernization Act

By |2018-06-30T07:09:14-05:00August 2nd, 2016|Lending, News|0 Comments

Housing Opportunity Through Modernization Act could create new financing opportunities for Oxford, MS condo buyers. FHA financing option for Oxford, MS condo buyers As of yesterday (August 1, 2016), President Obama signed H.R. 3700 into law to reduce barriers in FHA financing for condos. During the Great Depression, the Federal Housing Administration (FHA) was formed to insure government-backed mortgages. In turn, this government-backed mortgage instrument provided a greater security for banks to offer more favorable loan terms for the lendee. H.R. 3700 will continue to offer assistance to well-qualified home buyers who are facing [...]

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14 06, 2016

Affordability of housing markets

By |2018-07-02T09:40:12-05:00June 14th, 2016|News|0 Comments

Searching for a property in the Oxford housing market may require some patience these days. Oxford housing market can be pricey for some buyers While mortgage rates are hovering near record lows, the Oxford housing market is in very tight supply. Consequently, many sellers have increased their home prices too high for some potential buyers, both first-time and move-up buyers. Despite low down payments, buyers are now using a much higher portion of their annual income to make the investment. This trend is especially prevalent in the case of the first-time buyer and Millennials and [...]

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4 02, 2016

Is it time to refinance with the current low interest rates

By |2020-02-19T10:57:55-06:00February 4th, 2016|Lending, News|0 Comments

While it may take some time to cross the break-even point, a refinance is a good idea if you are planning to stay put for awhile. Pros of refinancing your mortgage There has been a lot of buzz in real estate news lately due to continually decreasing mortgage rates. Low mortgage rates are not normal throughout financial history. Current rates are nearing historic lows. For historical data about mortgage rates, check out Freddie Mac archival data recorded since 1971. Mortgagors need to be give serious analysis to these low-interest conditions when they do occur. [...]

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