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Mississippi Bank Owned Real Estate Foreclosures - Buy Bank Owned Homes - Auctions

Mississippi Bank Owned Properties, foreclosures and Real Estate
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State of Mississippi bank owned homes and real estate. With a capital city of Jackson, other population centers include Jackson, Gulfport, Biloxi, Hattiesburg, Greenville, Meridian and Tupelo. Mississippi joined Kentucky, Texas, Arkansas, Illinois and Alaska as the only states where home sale numbers showed an increase during the final quarter of 2006. This is not to say there's aren't areas where foreclosure activity continues, and that bank owned homes cannot be found in Mississippi. There continue to be bank auctions and mortgage foreclosures.

Mississippi has a population of about 2,900,000. There were approximately 1,236,000 individual housing units in Mississippi according to a 2005 US Census report. The home ownership rate was over 72%, compared to a national average of only 66%. The median value of owner-occupied housing units was $71,400, below the national average of about $119,600. The median household income was around $33,000 per year.

The land area of Mississippi is nearly 47,000 square miles. Nicknamed "The Magnolia State", there continues to be an influz of bank forclosure activity in Mississippi. Please use the tools on BankO wned MLS real estate  to help you in your search for bank owned real estate and auction information in the state of Mississippi.
 
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