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Showing posts with label real estate news. Show all posts
Showing posts with label real estate news. Show all posts

Wednesday, January 26, 2011

**HOME OWNERSHIP MATTERS**

from {here}
While reading through the latest issue of REALTOR Magazine, I stumbled on an intriguing article entitled "Home Ownership & The American Dream". It seems that Americans are finding it less important to actually own their home, they do not see the value. However, when polled 96% of respondents felt that owning a home was a better financial decision than renting. This year, NAR (The National Association of REALTORS) has launched a campaign to remind Americans of the value in home ownership, and it's direct relation to the values and principles our country was built on. The best part of the article to me was a quote from Martha Stewart. She began by quoting Samuel Johnson, and then added her thoughts. :

"To be happy at home is the ultimate result of all ambition. Our families and our homes are the center of American life. And everything we do is to make those homes--and the lives in them--more beautiful, more comfortable, more functional, and more full of life and light and joy for those we love. At the end of the day, that is the American Dream. All the rest is window dressing."

Thank you, Martha, for your beautiful words! THAT makes sense. 

The entire article can be found {here}.

Friday, October 15, 2010

Monthly Market Report: September 2010

It's that time again! I've got the numbers for September, and I'm ready to...report.

In September 2010, Lowndes County saw just over at 18% decrease in combined dollar amount of units sold compared to that of August 2010. However, when compared to September 2009, the area saw about a 1% decrease of the same. In September 2010, only ONE unit less was sold in Lowndes County when compared to September 2009.

While we did see a decrease in number, 1% ain't too shabby. (if you'll allow my Southern expression) We expect a bit of decrease when we move to the cooler months. Folks get busy with homework, football games, PTO, and LIFE, and just find themselves a little too busy to worry about purchasing their next home. A large decrease between August and September is pretty regular and expected. The "Summer Selling Season" has officially ended, and the itch seems to subside for many people.

In Lowndes County last month, agents listed 5% more homes this year than last, but again, it's nothing to get your feathers ruffled over.

Now is the time to invest in real estate, now is the time to buy! House payments are cheaper than rent, and they make you money in the long run!

...Oh, and FYI: Lowest interest rate I've seen came to me this week:

                                    2.375%!

 Yes, that's right. Seriously, it's almost free!

Friday, September 17, 2010

Foreclosures on the Rise...NO WORRIES!

National reports have come out in the last week showing that foreclosures are on the rise. RealtyTrac reported that there were a whopping 95,364 foreclosures in the month of August NATIONWIDE! To put this into perspective:
    
       If every person in Lowndes County was foreclosed on, that would be more foreclosures than we have seen in the ENTIRE COUNTRY! Yes, that's right, Lowndes County has more residents than there were foreclosures in the United States of America in August 2010!!


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Not as bad as it seems, huh?! Oh, the media! Americans must regain confidence in our economy and without perspective, it can't be done. Spread the GOOD news, not the bad and America will be just fine!

Friday, September 10, 2010

Check out this report from the Today Show today! While most areas of the country are not seeing this type of volume, many of the same deals can be found everywhere! Lemons = Lemonade! It's time America took advantage and started getting positive!