South Mississippi is home to several very nice lakes, but often times, it is what is built around those lakes that really makes a community thrive. Windance and Lake Village Estates are built around 100-acre Adam’s Lake, a man-made lake back in the 1960’s that has an abundance of large-mouth bass and bluegill swimming around waiting to jump on the end of your fishing line.

While you won’t find any skiers on this lake as boats are limited to 25hp or less, you will find great fishing and an awesome view. There are a handful of very nice homes on the lake with great views, but if you seek something a little more unique to your tastes, there is 1 very nice property, a little over 2 acres, that is perfect for that serene drop for your new home. At $125k, it is a steal for this much property on this highly-desirable lake.

Call or email me and let’s talk about building your dream home on this lot or to inquire about existing homes in Windance or Lake Village Estates.

Harbor Landing Condos in Ocean Springs, MS is one of my favorite developments in the area currently for investment potential and positive appreciation potential over the coming years. When Harbor Landing Condos was originally developed, the units were pitched strongly to investors under Go Zone and other real estate investor benefits for the area. The problem at the onset was that with so many investors, it was hard to gain positive cash flow for the units. Compound that with the fact that many of these investors had very similar exit strategies, and it was a recipe for disaster.

The good news is that it is turning around at Harbor Landing Condos. While there are still foreclosures that are popping up here and there, and several short sales in the development, the prices are starting to edge upwards slightly. It is my professional opinion, that once these short sale and foreclosure units are done (probably another year, maybe two), this development will increase in appreciation very quickly.

Now is the time to buy whether you are looking for a primary home, a second home, or an investment property capable of producing a good return on investment over 3-5 years. Over the past 6 months (October 2010 to date), there have been 9 sold units at Harbor Landing ranging from $35k to $86k (breakdown below, organized by closing price):
B13 listed on 10/11/10, sold 12/29/10 for $35k, pictures depict reasonable condition
F13 listed on 10/18/10, sold 12/16/10 for $35k, pictures depict reasonable condition
B5 listed on 6/8/10, sold 10/13/10 for $39,500, no photos, no description. This unit most likely set the precedence for the above two.
F8 listed on 11/9/10, sold 12/20/10 for $44,900, pictures depict reasonable condition
B11 listed on 4/2/10, sold 10/6/10 for $51,975, pictures depict reasonable condition, view of parking lot and Elk’s Lodge
F4 listed on 7/19/10, sold 3/16/11 for $52k, no photos, limited description
F10 listed on 7/23/10, sold 10/27/10 for $52,500, pictures depict reasonable condition
A21 listed on 11/4/10, sold 12/15/10 for $60,500, pictures depict reasonable condition
C3 listed on 2/15/11, sold 3/3/11 for $85,995, pictures depict reasonable condition

Another unit (foreclosure) was recently listed at $42,900 and put under contract within 5 days. While the listing agent could not comment on price, she was able to say it was “a great offer”. It is obvious that this development is seeing some increased prices over the past 6 months. While the occasional foreclosure will spring up, units are selling for more.  There are a few properties on the market now, starting at just under $53k that are subject to bank approval of a short sale. One in particular (that I have personally seen) at $52, 712 which is doubtful to be on the market much longer. It is my opinion that prices under $50k will be very few moving forward unless they are units with extremely poor views or are in need of repair.

Contact me if you have questions about Harbor Landing Condos or any other area on the Mississippi Coast. I diligently research the market to help my clients get the best deals and make sure they are as protected as possible when buying!

UPDATE (21 April 2011)

It seems Real Estate Agents are having an increasingly difficult time doing their job. When contacting two different agents that control 5 of the 7 units that were listed under $100k to gain access and preview for clients, I was told that all 5 of them are under contract – they just have not done their job and removed them from Active status in the MLS. That being said, there is one unit available at Harbor Landing and one that may be coming available in the next few days. One is listed at $52,712 and has a view of the bayou and small “doggie park”, the other is expected to come back on the market at $56,900 and is a marina facing unit that overlooks the marina.  The market is picking up VERY quickly out at Harbor Landing so let me know if you are ready to seriously look at either of these units. Both of these units are short sales and would be subject to final approval by lender. Cash offers will show much stronger and will typically be viewed as more favorable than financing, especially on the unit that is supposed to be coming back on the market soon.

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Bienville Place truly is one of Ocean Springs’ most active communities for real estate sales. Even in a slightly slower market, there are only 6 active sales at this time, only two of which have been on the market for more than 4 months. Bienville Place has consistently ranked well because it was an originally well-planned community, there is a high pride of ownership (people maintain homes and property well), and it is very easy access to shopping, dining, and entertainment while still enjoying the comforts of one of the best school districts on the coast. Of course, it is also a very short drive to historic downtown Ocean Springs.

Bienville Place has numerous homes on the south side of the subdivision with waterfront access to the extremely well-maintained lake and fishing on the lake is strongly maintained to residents only.

It is apparent when you drive into the Bienville Place subdivision that you are coming into an area where people care about their community. It is not uncommon to see people out maintaining their lawn or landscaping, people walking and enjoying the company of neighbors, kids playing, and plenty of people around to let you know if your vehicle is moving a bit to fast

If you are considering buying a home in Bienville Place, there is not typically a lot of negotiation room if the home is priced well as agents and owners know that another offer will come along so it is best to come in with a strong offer that is in line with market value, or at least not much shy of it. If you are considering selling a home, with limited active listings, now would be a good time. Contact me to assist either way and let me put my expertise to work for you!

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Rated by Golf Digest as one of the top ten courses in Mississippi, The Oaks Golf Club offers a striking par-72 course that has played host to professional and amateur tournaments. Meandering paths and beautiful ancient oaks that line this course makes playing this course a delight.

The homes surrounding this course start in the $300k range, are on larger lots than many other golf course communities, and offer a wonderful view of fantastic ancient oak trees throughout the community. The Oaks of Pass Christian, in many respects, is the perfect community. Any given day, it is possible to drive through the community and see people working in their yards, walking the dog, or jogging down through the community.

Home prices have maintained fairly steadily despite the economic downturn that has effected much of the rest of the country, but days on the market (the time it takes to sell a home) has increased considerably making it possible to find really great deals on fabulous homes in this community.

Pass Christian is a very quiet area and has other amenities such as parks, a beautifully redone harbor with kids area and a family-friendly fishing pier where the trout are plentiful under the lights at night during the late Spring through late Fall. The Oaks community and golf club is located within a short drive to 5 other courses that are challenging to all skill levels – one at Timber Ridge, Windance, Two courses at Diamondhead, and The Bridges. It is also located within a short drive to the casinos, beach/harbor, great shopping at Gulfport (Crossroads Shopping Center and Factory Outlets) as well as many entertainment and dining venues.

Please contact me for more information on this or any other community on the MS Coast. Whether you are buying or selling, I look forward to putting my expertise to work for you.

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Ocean Springs is a thriving historic city located in a great position with open beach to the south and the Biloxi Bay to the west. There are few places that compare to it in the country and a definite “must-see” area on the Mississippi Coast. Ocean Springs boasts beautiful up-scale New Orleans style street shopping with boutique & antique shops, arts & crafts stores, and cafes with several ethnic and fine dining restaurants. Located within minutes of Biloxi’s casino row and sprawled with ancient oas – there truly is no place that compares.

If you enjoy a round of golf, Gulf Hills or St Andrews are excellent courses and provide a great real estate living experience if you are in the market for a home.

Many people who enjoy photography can spend days, potentially weeks taking photographs in the area and still not see everything. Whether you prefer landscape photography, water shots, bridges, or chartering a  boat to take wildlife shots on the protected National Seashore, there is more to take in around Ocean Springs than many people find across entire states.

Ocean Springs is also a wonderful place to call home.With 5 star schools, a low crime rate, and median incomes that are well above the national average, the city has become a hot spot for retirees and makes a wonderful getaway for “snow birds”. Homes in Ocean Springs are still well below the national average and  offer easy access to gaming, tourism, and major employers.

I enjoy working the Ocean Springs area as a professional real estate broker, but more importantly, I really enjoy spending time in the area. If you are considering buying or selling a home in Ocean Springs – please contact me and let me put my expertise to work for you.

See all listings of homes for sale in the gorgeous-coastal city of Ocean Springs MS here on this site.

In Ocean Springs, there are currently 470 Active residential listings on the market which breaks down to 425 single family homes and 45 condos/townhomes. Out of this total, there are 49 potential short sales, meaning that just over 10% of the homes on the market are listed for less than what is owed on them. This is great news compared to other areas of the country where half or more of the homes are selling for less than what is owed.

Ocean Springs closed transactions for the past 90 days  shows 87 residential units, 5 of which were condos. Over half of these sales were over $100k, with 12 that were over $250k (2 over $500k).

The Ocean Springs MS real estate market is looking better since my last update and is showing signs of more higher dollar buyers coming in. Two of the major draws to Ocean Springs is its rich culture and great schools.

For more information on specific market trends, IE: waterfront, condos, golf course frontage, etc. contact me today. You can also see all Ocean Springs listings for sale here on this site by clicking on the Buyer Homepage.