All About Mississippi Real Estate

By Pat Starnes-Front Gate Realty, 601-991-2900 Office; 601-278-4513 Cell
(Front Gate Real Estate)
Thanksgiving is a time to reflect on our blessings, and November has become a time to "give back" to show appreciation and gratefulness to family, friends, and clients. The last Tuesday in November is designated Giving Tuesday, which is a global movement to show generosity to those around us.Typically speaking, our real estate business slows down in the fall and we have more time to devote to our favorite charities. There are plenty to choose from! So I challenge you to look around your community, see who you can reach out to, and give someone a blessing today. Don't wait for a designated date to share the love.A group from my office recently visited two local fire departments. We carried homemade Jambalaya and in return, were given a tour of the newest Flowood Fire Department. It was i...
Comments 11
By Pat Starnes-Front Gate Realty, 601-991-2900 Office; 601-278-4513 Cell
(Front Gate Real Estate)
My pumpkin carving talents are limited, and let's be honest; scooping the "brains" out of a Jack-o-lantern can get pretty messy.The secret for carving pumpkins has eluded me, but I admire the looks of painted pumpkins. Since painting and creativity appeal to me, the idea of a pumpkin painting contest was born.The contest ran for a couple of weeks on Facebook. I created videos and encouraged adults as well as children to get involved. The goal was fun, fun, fun! And I wanted to increase my Facebook followers on my business page. The rules were simple: Like my Facebook page, tag a friend, and take a selfie with your painted pumplin. Carving was discouraged.The entries were all good, but at the last minute a client's 12 year old submitted a pumpkin design I could not resist. It was 3 stack...
Comments 8
By Pat Starnes-Front Gate Realty, 601-991-2900 Office; 601-278-4513 Cell
(Front Gate Real Estate)
When you think of Fall Festivities, visions of pumpkin patches, hay bales, and children frolicking through fields come to mind. But why limit the activities to children? Adults want to have fun, too.Last week, Castlewoods Place, a senior assisted-living facility in Brandon, hosted their Fall Festival. Several vendors participated in the event. I attended as a neighborhood volunteer and Realtor. Pre-pandemic, I visited regularly to call Bingo, play games, etc., but visiting was forbidden during the height of the pandemic. I missed my senior friends and they missed us. Fortunately, we slowly have been invited to select events over the last few weeks.The Activities Director planned a wonderful event for the active Seniors; corn hole games, bobbing for apples, guessing games, music by the f...
Comments 11
By Pat Starnes-Front Gate Realty, 601-991-2900 Office; 601-278-4513 Cell
(Front Gate Real Estate)
Do you go the extra mile to get your listings sold? I'm sure most of us do.Recently a slow moving property needed an extra push to find the right buyer. The seller took much of my advice to heart; we cleaned, decluttered, put things in storage and made pre-listing repairs to the home. We had professional photos, a social media campaign, and a fair amount of interest during the first two weeks of showings. Then interest fizzled. We attributed the lack of showings to Labor Day, the back-to-school rush, etc.Meanwhile, the sellers packed up and moved out of state. They left several checks, written 10 days apart, to pay their yard man, so the grounds would always be presentable for showings.One Saturday, an agent called to schedule a second showing to an interested party. As luck would have ...
Comments 19
By Pat Starnes-Front Gate Realty, 601-991-2900 Office; 601-278-4513 Cell
(Front Gate Real Estate)
If you live in metro Jackson and have never heard of Repeat Street, you owe it to yourself to spend an afternoon browsing the merchandise. I found myself Saturday afternoon with a little free time on my hands. The closer my car got to the destination, the more excited I became. My adrenaline was working overtime.Repeat Street is one of the largest consignment shops in the area, and they have virtually anything you can think of. Quirky, fun, retro, collectibles, furniture, clothing; you name it, they probably have it.My house is full so I have to be VERY SELECTIVE about what items come in by way of shopping. I am filled to the brim (to the point of clutter), but adore walking down memory lane, and Repeat Street is the perfect place to do it. Remember the stemware received as a wedding gi...
Comments 10
By Pat Starnes-Front Gate Realty, 601-991-2900 Office; 601-278-4513 Cell
(Front Gate Real Estate)
August and September 2021 have been a whirlwind of real estate activity. Many of you enjoy Central Mississippi's weekly report, so I am sharing the stats so you can tell at a glance how the month of August shaped up. The graph shows the number of listings taken each week per county, the number of closings, median sales price, and list to sale ratios.Also shown is the supply of homes on the market for sale, the "inventory", and if no other homes came on the market, the "supply" of homes before we are completely sold out. Inventory changes constantly. Realtors check the hotsheet daily to see what new listings are available. It isn't unusual for a home to sell the first day with multiple offers. If a buyer says they can only look on the weekend, but a new listing hits the market on Tuesday...
Comments 3
By Pat Starnes-Front Gate Realty, 601-991-2900 Office; 601-278-4513 Cell
(Front Gate Real Estate)
What a busy week it has been in real estate! Listings, closings, negotiations, and more of the same this weekend. So while the weekly market update is late getting to you, here it is. The graphic above shows  the closings for Hinds, Madison, and Rankin counties in Central MS for the week of July 30 - August 5. The number of closings appear on the left; median sales price, current inventory, list to sale price ratio, and supply of homes are shown on the right. Keep in mind this is a snapshot of one weeks performance. You would want to look back at previous weeks to see the trends, and some of the prior weekly reports are shown below. It is important to note that inventory has ticked up ever so slightly, with a supply between 1 to 1 1/2 months. This remains a strong sellers market. I'd li...
Comments 2
By Pat Starnes-Front Gate Realty, 601-991-2900 Office; 601-278-4513 Cell
(Front Gate Real Estate)
In the heart of Flowood, a row of quiet, unassuming townhomes sit tucked away from the hustle and bustle of city life. You might have driven past this community numerous times but never noticed the gated entrance. Behind the gate are 16 townhomes built in 2008. The units feature 2 bedrooms, 2.5 bathrooms, a single car garage, laundry room, family room with fireplace, and a fully equipped, stainless and granite kitchen. Each unit has a private fenced patio and small yard.The HOA maintains the front yards and pays for neighborhood lighting and gate maintenance. The setting is secluded and peaceful, yet minutes from shopping, dining, schools, and churches. You'll find Braeburn Court on Luckney Road, directly across the street from The Ivy Venue. A unit is currently for sale at Braeburn Cou...
Comments 7
By Pat Starnes-Front Gate Realty, 601-991-2900 Office; 601-278-4513 Cell
(Front Gate Real Estate)
Looking for a home with a golf course view? This 5 Bedroom, 3.5 Bath home is located on the 14th green of Castlewoods in NW Rankin County. With over 3100 square feet, this home has room to spread out. The family room is spacious and features a brick fireplace with gas logs, and has lots of built-in cabinetry for storage. You'll notice quality, solid wood cabinets in the kitchen with granite countertops, stainless appliances, and a built-in computer desk.Along with the main bedroom and bath, new tiled shower, whirlpool tub, double sinks, and walk-in closets, there are 4 additional bedrooms, and a total of 3.5 baths. The 2-year old roof has a transferrable warranty! The feature you may love the most could be the multi-purpose game room. If you are an outdoor person, you're sure to love th...
Comments 6
By Pat Starnes-Front Gate Realty, 601-991-2900 Office; 601-278-4513 Cell
(Front Gate Real Estate)
Central MS Realtors has published the closing information for the last week of July 2021. The report runs a week behind so the last two days of the month will be picked up on next weeks report. The volume of closings is up as expected the last week of the month. Many home buyers choose to close as late in the month as possible so you'll notice a sharp increase toward the end of any given month. Inventory in all three Central MS counties remains low, and homes are selling at an average of 100% of list price.  Look at the supply of homes. There is less than one months inventory. This equates to a strong sellers market with low inventory, homes that sell fast with multiple offers, at list price or above. I must stress the importance of hiring a Realtor to represent you in a sellers market....
Comments 2
By Pat Starnes-Front Gate Realty, 601-991-2900 Office; 601-278-4513 Cell
(Front Gate Real Estate)
I hosted an Open House today (Sunday) in my neighborhood. You might wonder why I'd have an open house, since the market is hot and homes sell quickly. Here's why:1. The house is in my neighborhood. I am one of several Realtors in my neighborhood, all of whom have good reputations, but I want to be recognized as one of the TOP Realtors in my neighborhood.  If an opportunity presents itself, it gives me the chance to be visible, active, and be seen as the neighborhood professional.2. Open Houses are a good way to attract buyers. I posted in advance on the neighborhood Facebook page, and invited neighbors and prospective clients. I put my Open House signs out the day before to get extra exposure, and gathered marketing materials, flyers, disclosures, etc to be ready for Open House day.3. F...
Comments 13
By Pat Starnes-Front Gate Realty, 601-991-2900 Office; 601-278-4513 Cell
(Front Gate Real Estate)
The statistics are in for the 3rd week of July, 2021. You may wonder how this data affects you if you are looking to buy or sell a home in Central MS. Let's see what the numbers mean.Our primary market area is Hinds, Rankin, and Madison County. You can review the stats for the particular area you are interested in. While I'm not a math wiz (and you may not be either), the numbers are revealing.Compare the number of closings vs the number of new listings. In each case, the weekly closings exceed the number of new listings. This tells me homes are selling as fast as they hit the market.Look at the supply of homes. There is less than one months inventory. This equates to a strong sellers market with low inventory, homes that sell fast with multiple offers, at list price or above.I must str...
Comments 6
By Pat Starnes-Front Gate Realty, 601-991-2900 Office; 601-278-4513 Cell
(Front Gate Real Estate)
Closings have been reported for the second week of July for the three primary counties in Central MS. Here's a look at the numbers:You can tell by the chart above that Hinds County (Jackson, Clinton, Byram, and Terry) had the most closings, coming in with 60 closed sales for the week, followed closely by Rankin County (Brandon, Flowood, and Pearl) with 54 closed sales. Madison County had 27 closed sales. Although Madison County had the fewest number of closings, they led with the highest median price range, $276,000.All three counties had an average list to sales price ratio of 100%, and each county has less than a one month supply of inventory.Not all closings are published through the Multiple Listing Service of Central MS. Some new construction closings were never registered through ...
Comments 3
By Pat Starnes-Front Gate Realty, 601-991-2900 Office; 601-278-4513 Cell
(Front Gate Real Estate)
Here's a glance at Central MS real estate statistics for last week. Inventory remains low as the sellers market continues. Sales prices ticked up from last week and homes are selling at 98-100% of list price.Inventory (overall supply) is up slightly but we are a long way from reaching a neutral market.What constitutes a sellers market? A sellers market is defined as a shortage of available homes, thus prices remain high and homes sell quickly. You'll see a buyers market when homes are plentiful. It's the basic law of supply and demand.WHAT DOES IT ALL MEAN?If you are a seller, it means more buyers are competing for your home, which can drive the price up through multiple offers and a shorter time on the market.If you are a buyer, interest rates are phenominally low, but you'll need a sa...
Comments 3
By Pat Starnes-Front Gate Realty, 601-991-2900 Office; 601-278-4513 Cell
(Front Gate Real Estate)
The statistics are in for the last week of June, 2021. You'll notice a higher number of closings in Central MS for the end of June compared to the previous weeks statistics.  More homes close at the end of the month so it makes sense the numbers reflect that data.This snapshot is provided by Central MS Realtors and reflects the closings from June 25 - July 1.In this graphic, Hinds County (Jackson, Byram, Terry, Clinton) had 67 closed sales with a median sales price of $178,500 (up from 47 closings last week). Madison County (Madison, Ridgeland, Canton, etc) had 55 closings (up from 39 last week) with a median sales price of $288,000. Rankin County, which includes Pearl, Brandon, Flowood, Florence, and others, came in strong with 84 closed sales (vs 57 the week before) and a median sales...
Comments 4
By Pat Starnes-Front Gate Realty, 601-991-2900 Office; 601-278-4513 Cell
(Front Gate Real Estate)
Most of you know we are in a strong sellers market. You hear it on the news and from your friends, but what does it mean if you are a homebuyer or seller in the Central MS marketplace?Let's talk numbers.The statistics are provided by Central MS Realtors on a weekly basis. We will discuss the sales, active listings, etc., for June 18-24, 2021. In this graphic, Hinds County (Jackson, Byram, Terry, Clinton) had 47 closed sales with a median sales price of $215,000. Madison County (Madison, Ridgeland, Canton, etc) had 39 closings with a median sales price of $285,000. Rankin County, which includes Pearl, Brandon, Flowood, Florence, and others, came in strong with 57 closed sales and a median sales price of $217,500.Now look at the list to sales price ratios. Hinds County homes sold at a 99....
Comments 1
By Pat Starnes-Front Gate Realty, 601-991-2900 Office; 601-278-4513 Cell
(Front Gate Real Estate)
The 2021 real estate market has been HOT across the country, and Central Mississippi is no exception. This 3 Bedroom, 2 Bath home located in Castlewoods Subdivision surely won't last long.Welcome to 850 Willow Grande Circle. This home has been lovingly maintained by the original owners since 2007. The home has many custom features, including high ceilings, corner fireplace with gas logs, crown molding, and side entry garage. The primary bathroom has double sinks, a separate tiled shower, whirlpool tub, and glass block window. Engineered hardwood runs throughout the family room, kitchen, breakfast area and master bedroom.You will love the large fenced yard with a covered patio, extended brick pavers, and swing with arbor.Castlewoods is a golf course community. Separate membership is avai...
Comments 8
By Pat Starnes-Front Gate Realty, 601-991-2900 Office; 601-278-4513 Cell
(Front Gate Real Estate)
WATERFRONT! Fabulous waterfront living and a fisherman's dream located on a picturesque 3.51 acres in Madison County. Custom built for a multi-generational household. The main home has 3 bedroom, 2 1/2 bath, the attached in-law suite contains 2 bedrooms and one bath, plus full kitchen and beautiful hardwood flooring. There are two screened porches and water views from throughout the home. This property was built with TONS of storage, includes a huge laundry room with lots of cabinetry, a pantry that doubles as a safe room, and additional storage throughout the home. One bay of the three car garage is oversized, long enough to hold a generous sized boat of your choice. There is plenty of paved parking for your guests, plus a circular driveway. Lakefront property in Madison County 3.51 ac...
Comments 11
By Pat Starnes-Front Gate Realty, 601-991-2900 Office; 601-278-4513 Cell
(Front Gate Real Estate)
Hello friends! The first half of 2020 is almost behind us. Part of the year is a blur due to COVID-19. Despite the blur, my digital calendar reminds me of what I've been up to: The year started off with a bang. January and February were filled with buyers, sellers, inspections, and closings. I stayed busy with volunteer activities, networking meetings, and seminars. Plus, I completed my Seniors Real Estate Specialist designation at the end of February.   March, as the expression goes, came in like a lion. Surrounding states were experiencing coronavirus outbreaks. Spring break was in full force in the south, and many residents were vacationing on the beaches and mountains. Mississippi's first case was diagnosed March 12. Our governor declared a state of emergency March 14. Everything fr...
Comments 13
By Pat Starnes-Front Gate Realty, 601-991-2900 Office; 601-278-4513 Cell
(Front Gate Real Estate)
When a client writes a recommendation for your business, it is both personally and professionally rewarding. The seller had moved out of state when he contacted me, so we met over Thanksgiving weekend. He needed to make repairs that he wasn't thrilled with having to make, but it made the difference between sitting on the market stagnant, or receiving multiple offers. He did everything I asked of him. Here's what my client said:  Pat was the second agent I worked with after attempting to sell my property for six months with another agent came to frustrating results.To summarize, Pat sold the property in less than two months and I couldn't be happier to have selected her! Here is what you can expect from Pat: • Proactive, go-getter o Within first two weeks of signing with her, she staged ...
Comments 13