Watch for our ezine SOON! (Anybody selling Time-To-Do-Stuff? :-)
|
|
 Investor Explosion - Real Estate Market Boom
Author: Damion Flynn
Website: http://www.vikingrealty.com
Added: Tue, 31 Jan 2006 10:47:55 -0500
Category: Home & Family Matters
|
Printable version |
Email |
Bookmark
|
|
|
Real Estate Investors from all over the United States are flocking to the Mississippi Gulf Coast, especially areas like Gulfport, Biloxi, Ocean Springs, Pass Christian, and Long Beach, MS.
After the impact of Hurricane Katrina, there is an overwhelming amount of homes available for purchase at pennies on the dollar compared to their estimated market value. An investor with about $20,000 and a little spare time could easily make a $40k - $50k profit in matter of months.
The Mississippi Gulf Coast is an area that will be growing considerably over the coming years. With Coast restructuring and the "Go-Zone" act, property values will skyrocket over the next few years, much in the same way they did in the early 90's after the casinos started setting anchor on the Mississippi Gulf Coast.
Gulfport and Biloxi will be the greatest impact areas, and while Ocean Springs has been on the rise for years, this town will consider to see growth and increased property values. Pass Christian, Long Beach, and Bay St. Louis Mississippi will be close behind as well.
As much as the storm (Katrina) hurt a lot of people, and our hearts go out to all of them, it did provide one good detail. It allowed MS Coast officials to see "the light at the end of the tunnel" and with a major coastal restructuring being innevitable, the future of the Mississippi Gulf Coast is looking better all the time.
The real estate market in areas like Gulfport, Biloxi, as well as Pass Christian and Long Beach, have already seen a signiifcant positive impact. While there are many homes that are being sold for pennies on the dollar (those that need work), the homes that received minimal damage or htose that have been repaired already are selling for as much as 20% more than their "pre-storm value" and continue to escalate in price.
If you would like more information on properties on the Mississippi Gulf Coast, please contact Damion Flynn, Broker/Owner for Viking Realty (Viking Realty)
View all Damion Flynn's articles
About the Author:
Damion Flynn:
Damion is the Broker/Owner of Viking Realty in Gulfport, MS. Damion is a Realtor, GRI, & e-PRO designated broker and deals in all aspects of real estate including both buyer and seller representation, commercial, land & development, and property management.
If you have any real estate business on the Mississippi Gulf Coast including areas such as Gulfport, Biloxi, Ocean Springs, Long Beach, and Pass Christian, please check out the Viking Realty Website at Viking Realty
|
|
|
 |
|
Search our article database!
|
:- Recent Articles
|
| Medicare, Social Security and Retirement |
|
|
| Digital Camera on Cruise Ship Vacation |
|
|
| Laptop on Cruise Ship Vacation |
|
|
| Spain - Traveling to and within the European country |
|
|
| Starting and Online Business - Affiliate Programs Make it Easy |
|
|
| Toshiba Satellite Laptops – Which One? |
|
|
| Trading Systems - When to Override a System |
|
|
| The UK house market and how to survive it. |
|
|
| How to Write Advertising Headlines |
|
|
| How to keep your child earning top grades in school. |
|
|
| The Secret To Using Skype as a Small Business Marketing Tool |
|
|
| 9 Simple Steps On How To File Bankruptcy |
|
|
| How to Beat the "Black Dog" of Depression and Have Better Sleep |
|
|
| Five appetite control foods that suppress cravings without adding calories |
|
|
| 10 Tips on How to Give Yourself the Best Chance for Success on a First Date- Especially if You Have |
|
|
| Identity Theft and You |
|
|
| HOW TO MAKE ANY DIET EASY |
|
|
| 4 steps to transforming your negative self-talk into an inner coach. |
|
|
| 5 Steps To Your Brighter, Happier Future |
|
|
| Real Estate Investment Clubs: From The Developer’s Perspective |
|
|
|
|
