Hello! and Welcome to the Mississippi Gulf Coast Area! My name is Tara Mays, yes, I am an agent, but also a military spouse. My husband (USAF/Keesler) and I are actually trying to retire here in South MS. When we first pcs'd here from FWB, FL (Eglin) we bought immediately. We enjoy the area, and have been here going on six years, (you're still close,3hrs, to Destin/FWB's sugar white beaches and crystal blue water, but also close to having a great time in New Orleans 1.5 hrs, not to mention the casinos/restaurants/night life/family oriented outings).
We purchased wherever we pcs'd and have either sold or rented our properties. As mentioned before in a previous answer, the tax credit of $8K is an awesome benefit for 1st time home buyers, but you have to close on a home and move in by Dec. 1, 2009. (Which is not a problem)
And if it's any indication of the market turning around, our market area has continued to move, maybe not a high and fast pace, but it is still moving where sales markets in other areas of the nation are completely stagnant. Homes are still selling, people are still buying and now is a great time for buyers since there are so many homes to chose from and you could get a really good deal, especially if you looked at a foreclosure or short sale and purchase someone else's equity.
I have a lot of info on Foreclosures and Short Sales so let me know if I can be of any assistance.
However, if you're still thinking of renting, I can help with that as well. Either way I can send you listings/info. - Thu Jun 25 2009, 05:42