McMinn Monday Market Update: Fewer Closings, Oxford Value Holds, and Buyers Gain Leverage

By Lee McMinn, ALC | McMinn Realty | Nov 9, 2026 Good Monday morning from North Mississippi. This week's numbers tell a steady, useful story: fewer residential sales have closed across the North Central Mississippi REALTORS market than at this point last year, but the decline in dollar volume is muc

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Low Rates or Lots of Leverage? Buyers Rarely Get Both.

If you’ve been watching mortgage rates lately, you might feel a little stuck. Rates climbed above 7% this year, and a lot of buyers have decided to sit tight and wait for them to come back down. But rates are only half the story. When you buy a home, you usually get one of two things: low rates or n

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Selling Your Home? What You Should Know About Price Cuts vs. Rate Buydowns.

In today’s market, a growing number of sellers are opting to do something called a price cut – especially when their house has been on the market for a while without any bites. According to HousingWire Data as many as 4 in 10 (43%) sellers are going this route – that’s the highest it’s been in 4 yea

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