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...]
Woods Dr Guyton GA – sold
- This is a quiet, secluded lot, located in Effingham County- 5.57 acres of mostly woods. Lots of nature deer, birds, squirrels- 3 bedroom, 2 bath- Living room- Family room with fireplace- Dining room- Separate laundry room- Split floor plan * Master bedroom and bathroom and large walk- in closet on one side of the home * 2 bedrooms with large … [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...]