Cora Bett Southern Realty News

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Archive for the ‘Financials’ Category

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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4 Reasons to Sell This Fall

Some Highlights: Buyer demand continues to outpace the supply of homes for sale! Buyers are often competing with one another for the listings that are available! Housing inventory is still under the 6-month supply that is needed for a normal housing market…. Read More

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Surprised by Closing Costs?

You’re Not Alone.  According to a survey conducted by ClosingCorp, over half of all homebuyers are surprised by the closing costs required to obtain their mortgage. After surveying 1,000 first-time and repeat homebuyers, the results revealed that 17% of homebuyers were surprised that closing costs were… 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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3 Tips for Seniors Buying HUD Homes

from elderaction.org Purchasing a new home is a hefty investment and is not a decision to be made lightly. That’s why more and more seniors are buying HUD homes. If you’re thinking about doing so, our three tips will help. 1. Know… Read More

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Buyer Demand Is Outpacing the Home Supply

How Would You Rate Savannah Home Selling in Your Area?  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… Read More

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Did you buy a home in the Savannah area last year?

General tax exemption information for Chatham County homeowners.  If you want to have your application for a tax exemption considered for the current year, then you will need to make sure that your application is submitted before April 1st. Any applications submitted… Read More

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