Cora Bett Southern Realty News

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Archive for the ‘Buyers’ Category

4 REAL Reasons We Buy a Home

We often talk about the financial reasons why buying a home makes sense. But, more often than not, the emotional reasons are the more powerful or compelling reasons. No matter what shape or size your living space is, the concept and feeling… Read More

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What to Know About Down Payment

What Is A Down Payment? The down payment is how much cash you can pay up front for your home. This amount will not be included in your mortgage, since it is money that you have already paid towards the purchase of… Read More

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7 Reasons to List Your Home This Holiday Season

Every year at this time, many homeowners decide to wait until after the holidays to put their homes on the market for the first time, while others who already have their homes on the market decide to take them off until after… Read More

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Multigenerational Households May Be the Answer to Price Increases

Multigenerational homes are coming back in a big way! In the 1950s, about 21%, or 32.2 million Americans shared a roof with their grown children or parents. According to an article by Realtor.com, “Nearly 1 in 5 Americans is now living in a multigenerational household –… Read More

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Low Housing Inventory Causes Home Prices to Maintain Fast Growth

The National Association of Realtors (NAR) released their latest Quarterly Metro Home Price Report last week. The report revealed that severely lacking inventory across the country drained sales growth and kept home prices rising at a steady clip in nearly all metro areas. Home prices rose 5.3%… Read More

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Savannah’s Sandfly Neighborhood

A Happening Gateway Community for the Isle of Hope, Dutch Island and Vernonburg.  Savannah’s Sandfly Neighborhood has the honor of being one of Savannah’s first suburban communities. Sandfly is also one of Savannah’s most historically-significant neighborhoods. The neighborhood of Sandfly has an… Read More

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Should You Rent or Buy a Home?

Don’t Get Caught in The Rental Trap. There are many benefits to homeownership. One of the top benefits is being able to protect yourself from rising rents by locking in your housing cost for the life of your mortgage. Don’t Become Trapped … Read More

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Housing Supply Not Meeting Demand

Buyer Demand Continues Outpacing the Supply of Homes for Sale. The price of any item is determined by the supply of that item, as well as the market demand. The National Association of REALTORS (NAR) surveys “over 50,000 real estate practitioners about their expectations for home sales,… Read More

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3 Questions to Ask Before You Buy Your Dream Home

If you are debating buying a new home right now, you are probably getting a lot of advice. Though your friends and family will have your best interests at heart, they may not be fully aware of your needs and what is currently… Read More

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The Answer to the Housing Shortage? New Home Construction

  The biggest challenge to today’s housing market is the shortage of housing inventory for sale. A normal market would see a six-month supply of homes for sale. Currently, that number is below four months. This is the major reason home prices… Read More

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