Petal Real Estate-NEW LISTING

111 Meadowood Dr., Petal, MS 39465. $259,000

111 Meadowood3 BR, 4 BA Remodeled home with brand new appliances and a new roof. Over 2,400 sq ft of unique features such  as an exercise room, sauna and in-ground, in-door pool. Please call Crye-Leike Signature One Realty for additional information. (601)336-6941

Hattiesburg Real Estate-REDUCTION

2929 Glenn Drive. Hattiesburg, MS 39401. $82,000

OLYMPUS DIGITAL CAMERA2 BR, 1.5 BA Townhome located close to USM campus. Great for a first time buyer or student. HUGE price reduction! Call Crye-Leike Signature One Realty for additional information (601)336-6941

Purvis Real Estate-REDUCTION

70 Logaras. Purvis, MS 39475. $119,900

70LOGARUSGreat investment opportunity in Purvis! Two houses for the price of one! Please call Crye-Leike Signature One Realty for additional information. (601)336-6941

Hattiesburg Real Estate-REDUCTION

207 Jefferson Place. Hattuesburg, MS 39402. $129,900

858063 BR/2.5 BA townhome, located within a gated community. Low-maintenance and move-in ready! Please call Crye-Leike Signature One Realty for additional information. (601)336-6941

Ellisville Real Estate-PRICE REDUCTION

282 Spur Line Rd. Ellisville, MS 39437. $289,000

282spurUpdated 1 BR, 1 BA cottage close to Jones County Junior College. Great place to live while working on the main house or for students. Property has a barn and several ponds for anyone looking for a farm. Call Crye-Leike Signature One Realty for additional information! (601)336-6941

Big Homes Stage a Comeback

On January 28, 2013, in Home Trends, by Melissa Tracey

After five years of downsizing, home owners are showing a desire for more space. In the past year, builders are reporting higher demand for larger homes.

In fact, 84 percent of home owners between the ages of 18 and 59 say they have no intentions of downsizing–even among Baby Boomers who often show preferences to downsize during retirement, according to a recent survey by PulteGroup of about 500 home owners. Many home owners–particularly younger generations–are saying they need more space than what they currently have.

The average size of a newly built home was 2,480 square feet in 2011–a 3.7 percent increase from 2010, according to the latest U.S. Census Bureau data. That marks the first annual increase in home square footage since 2007.

“Homebuyers, regardless of their stage of life, still want and need larger homes,” says Deborah Meyer, PulteGroup’s chief marketing officer.

Home owners between the ages of 18 and 34 would like their next home to be larger than their current home, mostly to accommodate their growing family, according to the survey. Gen X home owners, between the ages of 35 and 54, mostly say they desire a larger home for their growing family and the need for more storage space.

Only 28 percent of those aged 55 to 59 said they want their home to be smaller, mostly due to retirement or an empty nest. Others desire a home the same size to their current home or bigger.

When it comes to extra space, nearly half of the home owners surveyed say they want larger, open spaces, including master bedrooms, larger rooms, and open floor concepts.

Home owners identified the following top five “must haves” in their next home, according to the PulteGroup survey:

  • Larger rooms
  • Master bedrooms suites
  • More storage space
  • Patio/outdoor living space
  • Energy efficiency

“Many home owners say they can do without a formal dining and living room, and we’ve seen this trend for a while,” says Meyer. “House designs today are much more open and flowing as opposed to ‘fixed and formal.’ While home owners are moving away from these formal areas, they want better use of space to create more flex and practical spaces such as, large informal kitchen and dining areas, expanded laundry rooms, and planning centers.”

 

By Melissa Dittmann Tracey, REALTOR(R) Magazine

http://styledstagedsold.blogs.realtor.org/2013/01/28/big-homes-stage-a-comeback/

 

Hattiesburg Real Estate-NEW LISTING

20 Katie Drive. Purvis, MS 39475. $160,000

3 BR/2 BA home on a large private lot with almost 3 acres of land. The inside has been completely renovated including many upgrades such as granite counter-tops, double oven and all new stainless steel appliances. Please contact Crye-Leike Signature One Realty for additional information! (601)336-6941

Hattiesburg Real Estate-REDUCTION

00 Anita Dr. Hattiesburg, MS 39401. $13,000

Land for sale in the North Pines subdivision. This is a great lot in a beautiful area! Please call Crye-Leike Signature One Realty for additional information. (601)336-6941

2012 Home Sales: Best in 5 Years

NEWYORK (CNNMoney)
Steady December home sales capped the best year for the U.S. real estate market in five years, according to an industry trade group report Tuesday.
The National Association of Realtors said that December sales of previously-owned homes came in just slightly below
November’s sales pace, but up 12.8% from a year ago. That brought full-year sales to 4.65 million, up 9% from 2011 and the best year for home sales since 2007, when there were 5 million homes sold just before the start of the recession.
Sales are being helped by a combination of strong market fundamentals — near record low mortgage rates, lower
unemployment and a rebound in home prices, all of which are bringing in buyers into the market who had been waiting for it  to hit bottom. The mortgage rates and years of depressed home prices have also combined to create the most affordable housing market on record, according to the Realtors group.

And the Realtors are predicting strong sales should continue into 2013 and beyond. It has a forecast for 5.1 million existing home sales this year, and 5.4 million next year.

http://money.cnn.com/2013/01/22/news/economy/home-sales/index.html?source=linkedin