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More home for the money a selling point for many retirees: Mississippi's good real estate deals often a factor when seniors start considering where to retire.

Publication: Mississippi Business Journal
Publication Date: 28-JUN-04
Format: Online - approximately 952 words
Delivery: Immediate Online Access
Full Article Title: More home for the money a selling point for many retirees: Mississippi's good real estate deals often a factor when seniors start considering where to retire.(Retirement & Relocation)

Article Excerpt
After retirement, most people enjoy spending more time at home. And more home for your money in Mississippi is a top reason why relocating retirees move to the state.

For example, a home that costs about $153,000 in New Orleans would cost only $100,000 on the Mississippi Gulf Coast, $106,000 in Tupelo and $123,000 in Jackson, according to the home price index reports available at the Web site www.coldwellbanker.com. A $100,000 home on the Mississippi Gulf Coast would cost approximately $189,000 in Fort Lauderdale, Fla., or Denver, Colo.

People are really keen on getting more home value for their money during retirements, says Bruce Kammer, 2004 president of the Mississippi Association of Realtors (MAR) and broker-owner Coldwell Banker Country Properties Inc. in Picayune.

"In Pearl River County, the affordable housing we have for retirees is one of our biggest selling points,"...

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