Featured Properties
Roebling Rd Bloomingdale GA – sold
Very nice 4BR/2Bth home in a great location in Bloomingdale Ga. House comes with a lot of extras. 3 … View This Property
Woods Dr Guyton GA – sold
- This is a quiet, secluded lot, located in Effingham County- 5.57 acres of mostly woods. Lots … View This Property
Real Estate Blog
December new-home sales dip, ending year on low note
December saw sales of newly constructed homes recede monthly 0.4%, a disappointing end to the year after low rates propelled months of initially strong reports. The slight decrease put December’s seasonally adjusted annual rate at 694,000, according to estimates released by the U.S. Census Bureau and the Department of Housing and Urban Development. While that figure remains 23.0% above December … [Read More...]
Inventory crunch squeezes out first-time homebuyers
Existing-home sales have flagged this year, despite a booming economy and fierce competition among buyers. The reason isn’t a mystery, according to the National Association of Realtors (NAR). First-time homebuyers have been locked out the housing market to a large degree. A critical shortage of entry-level listings has translated into lower sales of homes priced under $250,000, the pool of … [Read More...]
Is the Real Estate market about to take off or collapse?
Business Insider - The real-estate market is one of the most important parts of the American economy. And there's a lot of disagreement about where it's going next. Housing is one of the largest sources of wealth for Americans, it drives other parts of the economy such as consumer spending, and the credit given out for mortgages keeps many financial institutions profitable. Given the … [Read More...]
Home Loans Enter Uncertain Era
Wall Street Journal – “ The remaking of U.S. politics also is likely to upend the nation’s mortgage market. There are two reasons why: Interest Rates and Regulation. Changes in these areas could affect the course of the housing recovery, the availability of credit to borrowers and the extent to which lenders are willing to take on new risk. It may also affect the current structure of the Mortgage … [Read More...]
The Housing Cycle: Market by Market
Where are we in the housing cycle? This, by far, is the question we get asked the most. It’s often framed with the metaphor of a nine-inning baseball game: What inning are we in? This question implies that markets move in unison, driven by similar factors. In reality, every market has its own unique set of industry influences, supply impediments (or lack thereof), and demographic drivers. While … [Read More...]
Real Estate Cycle: Where Are We Now?
Real estate prices, as with most financial markets, tend to follow a pattern. For the purpose of this article, we’ll call this pattern “The Real Estate Cycle.” There are many theories out there about The Real Estate Cycle, but the one I like best is called “The Great 18-Year Real Estate Cycle.” Back in the 30’s a real estate economist named Homer Hoyt discovered that real estate prices seemed to … [Read More...]