Homeownership: The Real Story Behind The Headlines
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The big housing news this summer is that the homeownership rate has dropped to 63.4% which represents the lowest rate in 48 years. That news definitely is making headlines. Yet, to fully understand what this means we have to look at … Read More

Are Foreclosures Increasing or Decreasing?
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Recently, there has been a lot of talk about the size of the foreclosure inventory in the nation. There has been some speculation that distressed property inventories are about to skyrocket. Today, we want to reveal what is actually taking … Read More

In a Seller’s Market: Is it Time to Downsize?
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A study by Edelman Berland reveals that 33% of homeowners who are contemplating selling their house in the near future are planning to scale down. Let’s look at a few reasons why this might make sense for many homeowners, as the majority … Read More

Sales Up In Nearly Every Price Range
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The National Association of Realtors’ most recent Existing Home Sales Report revealed that home sales were up rather dramatically over last year in five of the six price ranges they measure. Only those homes priced under $100,000 showed a decline (-4.6%). The decline in … Read More

A ‘Buyer’ in Hand Is Worth Two in the Bush
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In today’s highly competitive seller’s market where there are more buyers than there are listings for them to purchase, some sellers may feel like the ball is in their court. And they would be right when it comes to choosing … Read More

Mortgage Rates Remain at Historic Lows
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The latest report from Freddie Mac shows that the 30-year fixed-rate mortgage averaged 3.61% last week, slightly down from the week before (3.66%), and nearly 20 points lower than a year ago (3.80%). This is great news for homebuyers who are … Read More

When Is It A Good Time To Rent? Definitely NOT NOW!
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People often ask whether or not now is a good time to buy a home. No one ever asks when a good time to rent is. However, we want to make certain that everyone understands that today is NOT a … Read More

Here Comes the Housing Inventory!!
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Almost every real estate conversation revolves around the continuous rise in house values over the last four years. Some have even mentioned a concern about another possible bubble forming. However, the recent increase in prices can be attributed to a … Read More

US Housing Market Swings in Favor of Homeownership
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According to the latest Beracha, Hardin & Johnson Buy vs. Rent (BH&J) Index,homeownership is a better way to produce greater wealth, on average, than renting. The results from the first quarter index showed that “16 of the 23 metropolitan markets investigated … Read More

Serious About Home Buying? Get Pre-Approved
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In many markets across the country, the amount of buyers searching for their dream home greatly outnumbers the amount of homes for sale. This has led to a competitive marketplace where buyers often need to stand out. One way to … Read More

Single Women Make Up 2nd Largest Home Buying Group
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According to the National Association of Realtors’ (NAR) 2015 Profile of Home Buyers and Sellers, single women made up 18% of all first-time homebuyers last year, second only to married couples who made up 54% of total buyers. Whether they … Read More

Is Your First Home Within Your Grasp Now?
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There are many people sitting on the sidelines trying to decide if they should purchase a home or sign a rental lease. Some might wonder if it makes sense to purchase a house before they are married and have a … Read More

5 Reasons To Hire A Real Estate Pro
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Whether you are buying or selling a home, it can be quite an adventurous journey. You need an experienced Real Estate Professional to lead you to your ultimate goal. In this world of instant gratification and internet searches, many sellers … Read More

Wall Street Journal: Housing Recovery Picks Up Steam
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Yesterday, we ran a post quoting major housing experts on the increasing strength of the U.S. housing market. We were pleasantly surprised that, on the same day, the Wall Street Journal decided to run a front page story titled, “Housing … Read More

A Possible Housing Meltdown? These Experts Respectfully Disagree
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We want to let you know that “rumors of a new market meltdown” are not based on any reputable data. As proof, we offer you the comments of the following experts who have a totally different view on the current … Read More

How Does Housing Help Build Family Wealth?
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As the economy continues to improve, more and more Americans are seeing their personal financial situations also improving. Instead of just getting by, many are now beginning to save and find other ways to build their net worth. One way … Read More

What’s Happening in the Real Estate Market?
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This is a pretty common question that a potential home buyer or seller may be asking themselves. Leading economists in real estate converged in New Orleans this past week as they presented their answer to this question at the 50th … Read More

New & Existing Home Sales Climb
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Some Highlights: Both New Home Sales and Existing Home Sales are up month-over-month and year-over-year. Inventory remains low which continues to drive home prices up as demand continues to exceed the 4.7-month inventory. The median price of new homes is up 12% … Read More

Home Prices Up 5.67% Across The Country!
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Some Highlights: Across the country, home prices are up by 5.67%. Each state is appreciating at a different rate, however, which is important to realize if you plan on relocating to a different state. Regionally, prices have appreciated year-over-year by as … Read More

Housing Market Snapshot
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Some Highlights: Home sales are up 1.5% year-over-year and 5.1% month-over-month. Demand is still much higher than the available housing inventory which declined 2.2% from March 2015. This is the 49th consecutive month with year-0ver-year price gains.

Renting vs. Buying: What Does it Really Cost?
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Some Highlights: The percentage of income needed to afford a median priced home is almost half the percentage of income needed to afford median rent. Buying costs are significantly less than renting costs. The percentage of income needed to afford … Read More

Hurry Up and List Your House TODAY!!
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That headline might be a little aggressive. However, as the data on the 2016 housing market begins to roll in, we can definitely say one thing: If you are considering selling, IT IS TIME TO LIST YOUR HOME! The May … Read More

5 Reasons to Sell This Summer
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As the temperature rises, buyers are coming out ready to purchase their dream homes. The summer is a great time to list your home for sale. Here are five reasons why: 1. Demand Is Strong The latest Buyer Traffic Report … Read More

Do Homeowners Realize Their Equity Position Has Changed?
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Yesterday, we reported that according to CoreLogic’s latest Equity Report, nearly 268,000 homeowners regained equity and are no longer underwater on their mortgage in the first quarter. Homes with negative equity have decreased by 21.5% year-over-year. A study by Fannie … Read More

74% of Households in the US Now Have Significant Equity!
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CoreLogic’s latest Equity Report revealed that 92% of all mortgaged properties are now in a positive equity situation, while 74% now actually have significant equity (defined as more than 20%)! The report also revealed that 268,000 households regained equity in … Read More

Thinking You Should FSBO? Think Again
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  Some Highlights:  According to NAR’s Profile of Home Buyers & Sellers: 88% of buyers look for their new home online. Using a real estate agent can net you $39,000 more than FSBO’ing. There is a long list of people that … Read More

Sales at Highest Pace in 9 Years!
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  Some Highlights: Sales of existing homes reached the highest annual pace in over 9 years at 5.29 million. Inventory remains below the 6-month norm and prices are still on the rise. Interest rates are at a historic low of … Read More

3 Reasons to Buy Luxury Property THIS Year!!
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The housing market is hot, with prices rising as demand far outpaces supply in almost every region. However, when it comes to luxury real estate, things are quite different. In the upper-end market, inventory is plentiful in most locations. For … Read More

BREXIT: What’s the FIXIT for U.S. Home Buyers and Sellers?
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Now that much of the dust has settled and the panic has waned, let’s take a look at what impact Britain’s exit from the European Union may have on the U.S. housing market. The most immediate impact of Brexit will … Read More

Saving To Buy A Home? What Would You Sacrifice?
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  Some Highlights: 95% of first-time homebuyers are willing to sacrifice to make homeownership a reality. The top thing that buyers sacrifice are new clothes at 54%. Even repeat or experienced buyers say they sacrificed taking a vacation or buying … Read More

2 Tips For Getting The Most Money When Selling Your House
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Every homeowner wants to make sure they get the best price when selling their home. But how do you guarantee that you receive maximum value for your house? Here are two keys to ensuring you get the highest price possible. … Read More

Gap Between Homeowner’s & Appraiser’s Opinions Narrows Slightly
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In today’s housing market, where supply is very low and demand is very high, home values are increasing rapidly. One major challenge in such a market is the bank appraisal. If prices are surging, it is difficult for appraisers to find adequate, … Read More

The Presidential Election and Its Impact on Housing
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Every four years people question what effect the Presidential election might have on the national housing market. Let’s take a look at what is currently taking place. The New York Times ran an article earlier this week where they explained: … Read More

Is Now the Right Time to Put Your House on the Market …or Not?
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Last week, the National Association of Realtors (NAR) released their Pending Home Sales Index, a forward-looking indicator of home sales based on contract signings. The report revealed that this May’s numbers weren’t quite as good as the year before: “With … Read More

4 Reasons to Buy This Summer!
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Summer is here! The temperature isn’t the only thing heating up right now, so too is the housing market in many areas of the country! Here are four great reasons to consider buying a home today instead of waiting. 1. … Read More

Harvard: 5 Reasons Why Owning A Home Makes Sense Financially
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We have reported many times that the American Dream of homeownership is alive and well. The personal reasons to own a home differ for each buyer, but there are many basic similarities. Eric Belsky is the Managing Director of the Joint Center of Housing … Read More

Foreclosure Rate Drops to New Post-Crisis Low
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  Some Highlights: According to CoreLogic, the national foreclosure rate dropped to 1.1% of all homes with a mortgage. This is the lowest percentage experienced since October 2007. April marked the 54th consecutive month of year-over-year declines in foreclosure inventory. … Read More

Thinking of Selling? 5 Reasons You Shouldn’t FSBO
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In today’s market, with home prices rising and a lack of inventory, some homeowners may consider trying to sell their home on their own, known in the industry as a For Sale by Owner (FSBO). There are several reasons why … Read More

Americans Believe Real Estate is the Best Long-Term Investment
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Some Highlights: Real estate outranks stocks/mutual funds, gold, savings accounts/CDs, and bonds as the best long-term investment among Americans. Real estate is ranked as the best long-term investment among all age groups. Millennials rank both real estate and savings/CDs at … Read More

Warren Buffett: There is No Housing Bubble
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With home prices expected to appreciate by over 5% this year, some are beginning to worry about a new housing bubble forming. Warren Buffet addressed this issue last week in an article by Fortune Magazine. He simply explained: “I don’t … Read More

Americans Rank Real Estate #1 Long Term Investment
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The Gallup organization recently released a survey in which Americans were asked to rank what they considered to be the “best long term investment.” Real estate ranked number one, with 35% of those surveyed saying it was a better long … Read More

Housing Inventory Disappearing
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The price of any item is determined by the supply of that item, and the market demand. The National Association of Realtors (NAR) recently released their latest Existing Home Sales Report which gives insight into today’s market conditions. Inventory Levels … Read More

Where Are Home Values Headed Over the Next 5 Years?
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Today, many real estate conversations center on housing prices and where they may be headed. That is why we like the Home Price Expectation Survey. Every quarter, Pulsenomics surveys a nationwide panel of over one hundred economists, real estate experts … Read More

Sell NOW Before Competition Hits the Market
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In their current edition of the Home Price Expectation Survey released last week, Pulsenomics asked this question of the 100+ economists, real estate experts and investment & market strategists they surveyed: “In your opinion, what is the primary driver of … Read More

Unparalleled Trust Necessary Before Listing Your House
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You and your family have decided to sell your house. It is now time to choose a real estate professional to help with the process. One of the major attributes this agent must possess is trustworthiness. To what degree do … Read More

Obstacles to Homeownership: Perceived or Real?
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    Yesterday, we discussed the belief Americans have in homeownership and their desire to partake in this piece of the American Dream. We also discussed some of the obstacles preventing them from attaining that goal. However, studies have shown … Read More

Homeownership Still Part of the American Dream
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  The National Association of Realtors (NAR) just released the first edition of their Housing Opportunities and Market Experience Survey (H.O.M.E.). NAR explained that the report covers: “…core topics that will be tracked on a monthly basis such as views on … Read More

Thinking of Buying a Home? 3 Questions Every Buyer Should Answer First
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      If you are debating purchasing a home right now, you are probably getting a lot of advice. Though your friends and family will have your best interest at heart, they may not be fully aware of your … Read More

Change in Home Sales by Price Range [INFOGRAPHIC]
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Some Highlights: Home Sales are up year-over-year in the top 4 price ranges and only slightly below last year’s numbers in a fifth. A lack of distressed property inventory has led to a slow down in sales in the under … Read More

House Hasn’t Sold Yet? Take Another Look at the Price
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The residential housing market has been hot. Home sales have bounced back solidly and are now at their second highest pace since February 2007. Demand remains strong going into the winter. Many real estate professionals are reporting that multiple offers … Read More

Do You Fit the Description of the Typical First Time Homebuyer?
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There are many people sitting on the sidelines trying to decide if they should purchase a home or sign a rental lease. Some might wonder if it makes sense to purchase a house before they are married and have a … Read More

Buying a Home is a better way to produce wealth than renting
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According to the latest Beracha, Hardin & Johnson Buy vs. Rent (BH&J) Index homeownership is a better way to produce greater wealth, on average, than renting. The BH&J Index is a quarterly report that attempts to answer the question: Is … Read More

Renters: It is about to Get A Lot Worse
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We often promote homeownership over renting when a family is ready, willing and able to purchase. There are both financial and non-financial benefits to owning a home of your own. Based on the headlines below, many news outlets agreed with … Read More

Don’t wait to buy your dream home
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As a seller, you will be most concerned about ‘short term price’ – where home values are headed over the next six months. As either a first-time or repeat buyer, you must not be concerned only about price but also … Read More

Did you know REALTY EXECUTIVES has a moving truck?
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We love being able to offer our clients the convenience of a moving truck. If you buy or sell a home with a Realty Executives agents in Hattiesburg you can reserve the moving truck for up to four days.  Just … Read More

Gorgeous Home on large lot For Sale in Oak Grove — 818 Canebrake Blvd $349,900
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Canebrake Canebrake Subdivision is located off HWY 98 West near HWY 589

Stunning Home with acreage 140 Richmond Rd Sumrall MS 39482 $429,900
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If you’re looking for quiet country living, you must see the custom built home on 8 acres in Sumrall   4 Bedrooms 4 Full Baths app 3000 sq ft Formal Dining room with brick accents Great room with fireplace Office/music … Read More

The Main Reason You Shouldn’t Wait to Buy
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The Joint Center for Housing Studies at Harvard University recently released their 2015 State of the Nation’s Housing report. The report concentrated on the challenges renters in this country are facing because of the diminishing supply of quality rental units … Read More

Five Reasons You Should Sell Now
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As the temperature continues to rise, buyers are coming out ready to purchase their dream home. Here are five reasons that you should list your house for sale now. 1. Strong Buyer Demand Foot traffic refers to the number of … Read More

I would love to be your Hattiesburg Real Estate Agent!