Orleans Dr. Hattiesburg, MS $399,000 1.83 acres
Commercial Land- located in Orleans Park off HWY 98 West in Oak Grove.
Call Crye-Leike for details.
Sanderson Home- 2010 Tour
Come celebrate the 5th Annual Christmas Parade of Homes, benefiting South Mississippi Children’s Shelter. South Mississippi Children’s shelter serves children ages 9-17 that are battered, abandoned, abused, neglected, homeless or have run away.
As as Parade of Homes guest, you will be able to visit five homes festively decorated for the holidays. In addition to viewing these homes, there will also be live music, refreshments, and door prizes. Homes are located in Canebrake and Bent Creek West subdivisions, with the event taking place on December 3, 2011 (1-5 p.m.). Tickets are $25 and can be purchased at the Crye-Leike office, through any of their agents, Gourmet and More, Lovie’s, Salon 38, Brown’s Home Furnishings, Plums, McKenzie’s on Main, The Pastry Garden, or by visiting http://www.mchscares.org.
Please feel free to contact Crye-Leike Signature One Realty agent at 601.336.6941 for details.
All proceeds from the Parade of Homes will benefit the South Mississippi Children’s Shelter.
Rising rents are forcing renters to outspend home owners on housing costs, according to a new study.
Since 2005, home owners’ housing expenses have climbed from 31.9 percent of their household budget to 33.2 percent. On the other hand, in that same time period, renters’ expenses have jumped from 35.6 percent to 38.4 percent, according to the October CoreLogic U.S. Housing and Mortgage Trends.
In the last 26 years, home owners have increased the amount they spend on household expenses by 12 percent while renters have increased it by 22 percent, according to the study.
Earlier this month, Capital Economics economists noted that for the first time in 30 years the median monthly mortgage payment is about the same — or less — than the median rental payment.
Source: Realtor Magazine Daily Real Estate News | Wednesday, October 26, 2011 “Renters Outspend Owners on Housing,” RISMedia (Oct. 25, 2011) and Capital Economics
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