Tuesday, January 30, 2007
Mississippi Gulf Coast is rebuilding
The Gulf Coast of Mississippi suffered severe damage during Hurricane Katrina in August of 2005. Thankfully the Gulf Coast is begining to breathe life again. Many of the Casino's have re-opened and the economy is rebounding. The Real Estate market has done, and continues to do, very well. We saw a major inflation in prices due to limited availability of housing. The market has began to cool some now and prices are heading towards pre-Katrina ranges.