Positive Economic Signs Should Restore Confidence to Buyers of New Custom Homes in Hattiesburg, Mississippi and Throughout the State

Nationally, reports of a sluggish economy have done much to sap the confidence of people who may have been planning, but have postponed their decision, to build a new custom home.

But a recent report on the economic conditions in and around Hattiesburg, Mississippi, should give would be-buyers of new custom built homes a vote of confidence to move forward with their plans.

In an interview with Gannet’s Hattiesburg American, Carol Downing, president of the Hattiesburg Area Association of Realtors, provides insight into her group’s local market.

Downing said home buyers and those building customs homes in and around Hattiesburg are taking advantage of great prices and record low interest rates.

“Because [Hattiesburg] is smack in the middle of one of Mississippi's fastest-growing areas, we, of course, haven't been as greatly affected by the depressed economic situation as some of the other areas in our state,” said Downing in the interview with La Tonya Frelix. “We are blessed with diverse industry, great medical facilities, incomparable educational institutions, programs for the arts, and beautiful recreational areas.”

Downing says the Hattiesburg market should become even stronger as 2012 advances. In addition to “speculative building, people are taking advantage of unprecedented low interest rates to custom build their homes,” she stated.

Compared to the national market, Downing said “there has been no comparison” to the Hattiesburg, Mississippi area.

“We are seeing some foreclosures in our area,” she explained. But “our strong economy and jobs availability have assured that we have fared extremely well as compared to other areas in both our state and our country.”

Downing made a further case for the attractiveness of the Pine Belt area that should ring true for those seeking to build custom homes on their own land and lots. “We have a strong economy, affordable housing, fabulous educational opportunities, beautiful recreational areas, and, of course, the good weather that allows for a 10-month golf season. Our proximity to Mobile, New Orleans, and Jackson, and beautiful beaches is an advantage. But ... most of all, we have good people in the Pine Belt!”

The article should go a long way toward encouraging those “on the fence” about building their new custom home in the Hattiesburg-area to feel more confident and take advantage of the benefits of record low financing and pricing incentives offered by motivated builders.

Americas Home Place builds new custom homes in the Pine Belt-area and throughout the state. The company has custom home design centers in Hattiesburg, Jackson and Tupelo.

Source: The Hattiesburg American,  Feb. 25, 2012.