Category: Buying

Buying

Collins Real Estate- NEW LISTING

2411   Highway 49 Collins , MS ; 39428    $350,000

Great 4/3 home on 10 acres (MOL) on Hwy 49. Beautiful brick and wood flooring, cozy rooms, spacious kitchen, and many more amazing details.

Call Crye-Leike Signature One Realty today!

Buying

Hattiesburg House for Sale-REDUCTION

29   Hillcrest #1 Dr. Hattiesburg , MS  39402  $134,900

3/2 in Angela’s Field subdivision with flowing floor plan, spacious rooms, and a beautifully landscaped back patio area.

Call Crye-Leike Signature One Realty for a showing.

Buying

A Confluence of Positive Trends

Jobs, low mortgage rates, and improving inventory are bolstering home sales.
SEPTEMBER 2014 | BY LAWRENCE YUN

After a slow start this year, partly due to the frigidly cold winter, home sales are picking up steam. Existing-home sales have risen for four straight months and in July were at the highest pace of the year, 5.15 million. Pending contracts point to more gains, too.

Jobs are always important for home sales, and in the last 12 months they’ve grown by 2.6 million. North Dakota, Texas, Utah, and parts of California are good examples of job growth leading to healthy real estate activity. Amazingly, mortgage rates refuse to rise, even after the Federal Reserve has started talking about tightening its monetary policy, keeping the recovery intact.

The inventory shortage is also improving. There were 2.4 million homes available in July, the highest in two years. Buyers typically like to view 12 to 15 homes before choosing one, so now it’s likely they’ll find more options during their search. New-home construction inventory is also rising as groundbreakings rise. What’s more, all-cash investors are stepping away, giving first-time buyers a better chance to get into the market. Investors made up 16 percent of all transactions in July, while first-time buyers comprised 29 percent.

Meanwhile, the damaging stuff is vanishing. Distressed property sales—REOs and short sales—are at their lowest levels since at least 2008. Only 9 percent of sales were classified as distressed in July, down from 15 percent a year ago.

There’s more good news. The funds from the taxpayer bailout of Fannie Mae and Freddie Mac have been fully paid back. In fact, recent profits from the two companies have become revenue for the federal government. Meanwhile, the FHA bailout is on track to be paid back by year’s end. In addition, the number of seriously delinquent mortgages is down from 10 percent a few years ago to just 4.8 percent in the second quarter.

All in all, the housing market is steadily improving, and growth potential remains strong thanks to continuing pent-up demand. For these reasons, we’re forecasting growth in four of the next five years. (The one down year simply reflects the reality that data never moves in a straight line in any direction.) Look for annual sales to reach well beyond the 5 million mark in the near future.

http://realtormag.realtor.org/news-and-commentary/economy/article/2014/09/confluence-positive-trends#.VBnN44-Ty0I.twitter#sf4689304#sf4704658

Buying

Purvis Real Estate- REDUCTION

6242   US-11 Purvis , MS ; 39475  $159,000

Precious home in the Purvis area. Located just minutes away from the school. House has lots of potential and room! All appliances will remain including a standup freezer. Home has 4 bedrooms, 2 baths, a formal living, and office. Open shed in back will remain.

 

Call Crye-Leike Signature One Realty to make this adorable house your home!

Buying

Top Tips for Keeping Home Appliances Humming

A pro does appliance maintenance on an HVAC systemTake care of your appliances and they’ll cool your house, cook your roasts, and wash your clothes for years to come.

Here are some key tips for keeping your home appliances in tip-top shape.

1.  Air conditioners (window or central). Rinse and replace filters monthly. Check for refrigerant leaks. Clear leaves and debris from around outdoor HVAC compressors. Contact an HVAC pro if you spot problems.

2.  Garbage disposals. If you hear that heart-stopping grinding sound, turn off the disposal immediately and clear obstructions, like seeds, pits, and spoons. Keep your disposal smelling sweet by grinding a lemon or orange in it. And never put egg shells or pumpkin pulp in your disposal — throw them in the trash or the compost pile.

3.  Hot water heaters. Check the outside for corrosion, which can turn into a crack and costly flood. Also, test the pressure-relief values for leaks. If a replacement heater is in your future, consider a tankless model that saves space and energy.

4.  Smoke and carbon monoxide detectors. Press the “test” button monthly to make sure your detectors are working. Replace batteries once a year, or when the unit flashes or chirps.

5.  Refrigerators. Toss rotten or expired food weekly.  Add cleaning refrigerator coils and sweeping under and behind the unit to your deep cleaning chores. Every three months, clean the door gasket to ensure a snug seal. Replace water filters every six months.

6.  Dishwashers. Remove water mineral buildup monthly by pouring a cup of white distilled vinegar into your empty machine and running it through a cleaning cycle. Keep an eye out for leaks on the side and under the machine. If you see one, call a repair service immediately.

7.  Range hoods. Grease and grime are enemies of range hoods. Monthly, remove filters and soak and scrub off grease in a sink filled with soapy water. While filters are soaking, remove debris from the hood’s insides.

8.  Washers and dryers. Check hoses and wiring behind the washer and dryer for pinched, cracked, or broken lines, which need to be replaced immediately. Clear lint from dryer traps after each load. Clean the outside and inside of both appliances with a 1:1 solution of vinegar and water roughly every six months, depending on how much laundry you do.

Should your appliances or home systems ever break down, be sure you’re protected with a home warranty from American Home Shield.

Read more: http://www.houselogic.com/home-advice/appliances/top-tips-keeping-home-appliances-humming/#ixzz3DUuYqtnz

Buying

Hattiesburg Real Estate- REDUCTION

606 W 7TH St. Hattiesburg , MS ; 39401   $52,900

606w7thOffice/meeting building located across from Hercules. Building appraised April 2013 for $83,000. To be sold as is. Has office space and a 32’x46′ meeting room.

Call Crye-Leike for additional information on this great building today!

Buying

OPEN HOUSE

146   Cole Rd. Hattiesburg , MS ; 39402   $299,900

OPEN SUNDAY, 9/14/14, 2-4

Come view this lovely 3/2.5 custom home. Featuring an open kitchen with stainless steel appliances and granite counter tops, spacious bedrooms with walk-in closets and adjoining bath. Don’t forget the great exterior with a deck that has view of an in-ground pool!

Buying

Hattiesburg Real Estate- REDUCTION

151   COURTLAND Dr. Hattiesburg , MS ; 39402   $317,000

Large, beautiful lot with fenced yard, pool, hot tub, outdoor full bath, and covered patio. Inside you’ll marvel at HUGE laundry, wood floors, soaring ceilings, formal dining room, split plan, upstairs 5th bedroom or bonus room.

Call Crye-Leike Signature One Realty to make this house your home!