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Hattiesburg Real Estate- New Listings

Cherry Laurel Loop & South of Fields, Hattiesburg, MS 39402  $54,500+

Several lots available in beautiful Bellegrass subdivision. Enjoy tennis, soccer, pool, and a park-like setting.

 

Call Crye-Leike  Signature One Realty for additional information.

Hattiesburg Real Estate-NEW LISTING

165 Serene Hills $190,900

                                     Beautiful 3BR/2BA home located on a large lot in Serene Hills subdivision. The home features large bedrooms, a formal dining rm, and den with a fireplace. The kitchen has brand new counter tops and appliances. There are two decks off the back of the house and covered porch on the front. Please contact  Crye-Leike Signature One Realty for additional info. (601)336-6941

Fed Plans to Keep Interest Rates Low

DAILY REAL ESTATE NEWS | THURSDAY, DECEMBER 13, 2012

The Federal Reserve announced Wednesday that it plans to keep interest rates low as long as the unemployment rate is above 6.5 percent. This was the first time that the Fed has ever identified an exact unemployment rate to be reached before it plans to raise interest rates.

To push rates lower, the Fed will continue to buy $85 billion in Treasury securities and mortgage-backed securities each month until the unemployment rate improves.

Since December 2008, the Fed has held short-term interest rates near zero. The move has helped reduce borrowing costs and helped mortgage rates reach all-time lows.

Many of the Fed’s senior officials say they do not expect the unemployment rate to reach 6.5 percent until the end of 2015.

In November, the unemployment rate was 7.7 percent. The last time it was below 6.5 percent was September 2008.

Source: “Fed Ties Rates to Joblessness, With Target of 6.5%,” The New York Times (Dec. 12, 2012)

http://realtormag.realtor.org/daily-news/2012/12/13/fed-plans-keep-interest-rates-low?om_rid=AACSxz&om_mid=_BQygKLB8vt9BPd&om_ntype=RMODaily

Hattiesburg Real Estate-NEW RENTAL

17 Crescent Ridge Dr $1400/month

Spacious 4BR/2.5 BA home with over 2500 sq ft for lease or lease to purchase. Open kitchen with double oven and cooktop. Separate breakfast  room and formal dining room.Master bedroom has two walk-in closets and opens to beautiful wooden deck. House is located at the end of a quiet cul-de-sac in the Oak Grove school district. Please call Tiffany Gragg with Crye-Leike Signature One Realty with any questions! Office (601)336-6941

 

2012 Profile of Home Buyers and Sellers

  • 39 percent of recent home buyers were first-time buyers, a slight rise from 2011, but closer to the historical norm of 40 percent.
  • 65 percent of recent home buyers were married couples—the highest share since 2001. Conversely there was the lowest share of single buyers since 2001.
  • For 52 percent of home buyers, the first step in the home-buying process was taken online.
  • The typical home buyer searched for 12 weeks and viewed 10 homes—a decline from 12 homes in prior year, which speaks to the tightened inventory in many areas.
  • 89 percent of buyers purchased their home through a real estate agent or broker, similar to last year’s report—a share that steadily increased from 69 percent in 2001.
  • 88 percent of sellers were assisted by a real estate agent when selling their home.
  • Only 9 percent of recent sellers sold via FSBO sale. Among FSBO sellers who did not know the buyer prior to the sale—20 percent sold via FSBO because the buyer directly contacted them.
  • Approximately two-thirds of home sellers only contacted one agent before selecting the one to assist with their home sale.

http://www.linkedin.com/today/post/article/20121120131751-11341570-couples-driving-the-real-estate-market-in-2012

Let us show you what a Crye-Leike agent can do for you. Call (601) 336-6941 today!

 

Hattiesburg Real Estate-REDUCTION

4   ROSEBAY Ct. Hattiesburg , MS  39402 $241,900

Recently reduced. 3 BD, 2.5 BA in Highpointe. Separate formal dining, stained concrete floors, granite and natural stone.

 

Call Crye-Leike Signature One Realty for information on this and many more homes.

Hattiesburg Real Estate- NEW LISTING

195 W Canebrake $1,149,000

   Exquisite waterfront home on one of Canebrake’s choicest lots. Lush gardens give way to spectacular lake views with 265 (MOL) feet of waterfront. Boathouse by Billy Rayborn offers plenty of entertaining space, boat lift, half bath and kitchenette with range (plumbed for icemaker, refrigerator and hot water heater). Three zone heat/air. Basement area for lawn care needs.