Housing demand has slowed, but still stable for now

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This year, we’ve seen mortgage rates hold under 7%, which has helped keep housing demand steady—though not exactly booming. In Biloxi, I’m noticing more listings coming onto the market and a bit more inventory than we’re used to, along with some price reductions here and there. For buyers and sellers alike, it means options are opening up, even if growth is a little flat or dipping. As yields and risks tick up, we could see rates rise and a gentle slowdown in sales and mortgage applications. With over two decades of guiding my neighbors and investors through changing markets—whether you’re looking for your first home, an investment, or a new chapter—my focus remains on helping you make the best move for your future, no matter where the trends go.

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