Real Estate Blog - Mississippi real estate

Shakeup at Fannie Mae: What Could It Mean for Mortgages and Real Estate Closings?

Changes at One of America's Most Important Housing Institutions

Fannie Mae has recently experienced a significant leadership shakeup, with roughly a dozen senior executives reportedly departing the organization. The changes affected areas including multifamily lending, capital markets, finance, affordable housing and economics.

That matters because Fannie Mae plays an enormous role in the American housing market.

Fannie Mae doesn't typically make mortgages directly to homebuyers. Instead, it purchases qualifying mortgages from lenders and packages many of them into mortgage-backed securities. This provides lenders with capital to make additional loans and helps keep mortgage credit flowing throughout the country.

So when major changes occur at…

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Where Do Your Property Taxes Go? Understanding How Property Taxes Support Mississippi Communities

Introduction

Property taxes are something every property owner encounters, but many people don't fully understand what those taxes pay for or why they are so important.

In Mississippi, property taxes are the primary source of funding for many local government services that residents rely on every day. When taxes go unpaid, the effects extend beyond the individual property owner—they can impact schools, public safety, roads, and other essential services.

Understanding how property taxes work can help property owners make informed decisions and give prospective buyers a better appreciation of the tax deed process.

What Do Property Taxes Fund?

Property taxes collected by counties and municipalities help pay for many of the services that keep…

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How the 2026 FIFA World Cup Is Boosting the U.S. Economy—And Why Mississippi Could Benefit

A Global Event with Local Impact

The 2026 FIFA World Cup is more than just the world's largest sporting event—it's expected to be one of the biggest economic catalysts the United States has seen in years. As a co-host alongside Canada and Mexico, the U.S. is welcoming millions of visitors, creating jobs, and attracting billions of dollars in spending.

While Mississippi isn't hosting World Cup matches, the state's economy could still benefit from the ripple effects created by increased tourism, infrastructure investment, and business expansion across the country.

For real estate buyers and investors, it's another reminder that national economic growth often creates opportunities well beyond the host cities.

A Multi-Billion Dollar Economic…

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How Property Values Are Changing Across Mississippi (2024–2026)

Introduction

Mississippi’s real estate market is evolving—and while it may not see the rapid spikes of larger states, the changes happening between 2024 and 2026 are creating meaningful opportunities for buyers.

From steady appreciation in urban areas to growing interest in rural markets, property values across the state are shifting in ways that smart buyers can take advantage of.

At Viking Investments, we track these trends closely to help buyers identify where value exists today—and where it’s heading next.

Statewide Trends: Steady Growth with Pockets of Opportunity

Overall, Mississippi continues to experience moderate, stable property value growth rather than extreme volatility.

Key trends include:

• Gradual home price…

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Data Centers Are Coming to Mississippi: What It Means for Residents and Real Estate

Introduction

Mississippi is beginning to attract large-scale data center developments—and while they may not be highly visible projects, their impact on the state’s economy and real estate market could be significant.

Driven by demand for cloud computing, AI infrastructure, and digital storage, companies are looking for affordable land, reliable power, and business-friendly environments. Mississippi offers all three.

For residents and property buyers, this presents a unique opportunity to benefit from long-term growth.

Why This Is Good for Mississippi

Data center development brings several positive outcomes for local communities:

1. Job Creation and Economic Activity

While data centers themselves employ a limited full-time…

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How to Improve Your Credit Score and Increase Your Chances of Getting Approved for a Home Loan

For many Mississippians, owning a home is part of the American dream. But before you can get the keys, you’ll need to qualify for a mortgage — and your credit score plays a major role in that process. Whether you’re preparing to buy your first home or move up to your next one, improving your credit score can make a huge difference in loan approval, interest rates, and overall affordability.

Here’s a step-by-step guide to getting your credit (and finances) mortgage-ready.

1. Know Where You Stand

Start by checking your credit report from all three major bureaus — Equifax, Experian, and TransUnion. You’re entitled to a free report each year at AnnualCreditReport.com. 

Look for:

• Errors or outdated accounts that can be disputed and…

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Fighting Blight in Mississippi: How Homeowners, Investors, and Communities Can Help Revitalize Neighborhoods

Abandoned homes, overgrown lots, and neglected structures—these are the signs of blight that affect property values, safety, and community morale. Across Mississippi, cities and counties are taking bold steps to fight back. The good news? Homeowners, real estate investors, and community groups can all contribute to the cleanup—and benefit from the opportunities it creates.

The Cost of Blight

Blighted properties aren’t just eyesores. They can attract crime, drag down neighboring home values, and place financial burdens on cities through code enforcement, fire risks, and lost tax revenue. In Mississippi—where small towns and rural areas dominate—addressing blight is vital to economic stability and growth.

State and Local Efforts to Tackle the…

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Why Mississippi Is One of the South’s Best Kept Real Estate Secrets

When people talk about real estate hotspots, Mississippi doesn’t always top the list—but maybe it should. From small-town charm to economic opportunity, the Magnolia State offers more than meets the eye. And for those buying tax deed properties, it may be one of the most overlooked—and promising—markets in the South.

1. Affordable Entry, Real Growth Potential

Mississippi boasts some of the lowest property prices in the country, making it ideal for first-time buyers or real estate newcomers. Whether you’re looking at residential lots, fixer-uppers, or rural land, the cost of entry is remarkably low—especially through tax deed sales.

But don’t mistake “affordable” for stagnant. Cities like Jackson, Gulfport, and Oxford have seen quiet but steady…

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You Bought a Tax Deed in Mississippi—Now What? A Guide to Taking Control of Your Property

Investing in a tax deeded property in Mississippi is only the beginning. Once you’ve secured the deed, it’s critical to understand your rights and responsibilities as the new owner—and how to protect your investment moving forward. Here’s a breakdown of what to expect post-purchase.

1. Confirm the Redemption Period Has Passed

In Mississippi, tax deeds are generally issued after the redemption period has expired—usually two years from the tax sale date. However, mistakes happen. Double-check county records to ensure the redemption window is closed and that you're the uncontested owner.

2. Get Insured: Quiet Title Action

Most title insurance companies won’t issue a policy on a tax deeded property unless a court has "quieted" the title. This…

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