Mississippi Foreclosures for Sale
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According to many residents and visitors, the people in Mississippi have an inner strength and pride without the necessity of being pompous. Almost all of the people are friendly and would more than likely give their shirts in order to help someone in need. The food is amazing and the choices are just about endless. People are very polite in Mississippi and they are very laid back, even if they are a bit conservative. The agriculture of today is a major part of Mississippi's economy. Mississippi is the 2nd in the nation for cotton production and they remain the world's leading producer of pond-raised catfish. Old style, as well as pre-Civil War, plantation mansions abound everywhere in the state. According to RealtyTrac data, foreclosures are being sold at an average statewide savings of 24%. Between the people, the food and the savings, investing in Mississippi foreclosures for sale is a great start to anyone's future. A few of the best places to live are Jackson, Gulfport and Biloxi.
Jackson, Mississippi was rated by the Milken Institute as 66th out of their 200 Best-Performing Cities list of 2010, a jump of 47 places from 2009. The Institute's list is derived from components for growth, including jobs and technology, which are indicative of the underlying structural performance of the city's economy. Residents of Jackson enjoy a cost of living that is 18% below the national average and they have a relatively low unemployment rate of 7.4%. There are currently a little over 1,000 foreclosures on the market. Northeast Jackson is an area that has the lowest crime throughout the city. Crownpoint and Lake Trace are good neighborhoods but the area around Plantation Blvd. is cheaper. A neighborhood that is highly recommended for great living conditions is Eastover.
Gulfport, Mississippi is on the coast of the Gulf of Mexico and is a little to the west of Biloxi. There are 16 constituent neighborhoods, making Gulfport the 2nd largest community in Mississippi. It is an extremely diverse city with residents coming from a variety of ancestries as well as races. The residents of Gulfport enjoy a cost of living that is 13% below the national average and they have a relatively low unemployment rate of 7.1%. Some of the residents' favorite neighborhoods include Orange Grove, Ocean Springs and D'lberville. Currently there are a little over 300 homes in foreclosure with a median home value of about $148,000.
Biloxi, Mississippi is on the coast of the Gulf of Mexico and is a part of the Gulfport-Biloxi-Pascagoula Combined Statistical Area. It was the 3rd largest city in Mississippi until Hurricane Katrina forced quite a few residents to move. Residents enjoy a cost of living that is 8% below the national average and a relatively low unemployment rate of 7.2%. The St. Martin, Edgewater Park and City Center neighborhoods are directly on the coast and are relatively cheap. The Saucier neighborhood is the largest and one of the more expensive ones.
Residents enjoy a laid back Southern lifestyle all over Mississippi. Foreclosures are going at an average savings of 24% off of retail and buying one of these foreclosures ensures an investment in the "quiet life."
Top Mississippi Counties Foreclosures
- Hinds
- Harrison
- Desoto
- Jackson
- Forrest
- Rankin
- Hancock
- Pearl River
- Lee
- Madison
- Lauderdale
- Warren
- Lowndes
- Pike
- Marshall
- Jones
