On this week’s episode of Jennifer Westmoreland & Associates’ Real Estate on the River, Team JWA’s Brandon talks with Scott Jones of Northwest Exterminating. Looking to buy your next home or sell your current home in the greater Athens GA area? Contact us today! Looking for past episodes or other recent JWA videos? Visit our Youtube channel!
(Information and photos via Keller Williams)
Below is information for March 2018. Submit a request for contact or give us a call today to learn more about your greater Athens area neighborhood market.
March 2018 Market Update 
According to the National Association of REALTORS®, existing home sales slid in January due primarily to a significant shortage of available homes on the market. Inventory constraints coupled with a healthy buyer demand put upward pressure on home prices, which can diminish overall sales activity.
Interest Rates 
According to Freddie Mac, 30-year fixed rates rose from 4.15 percent to 4.40 percent. This rate remains well below the historical average of 8.90 percent.
Home Sales 
The National Association of REALTORS® reported home sales at a seasonally adjusted annual rate of approximately 5.4 million homes during the month of January. This was a decrease of 3.2 percent from December and a decrease of 4.8 percent from January of last year.
Home Prices 
The median home price decreased to $240,500 in January, which was down 2.4 percent from December and up 5.8 percent from January of last year. The median home price has increased by approximately $13,200 in the past year alone.
Inventory 
There was a 3.4-month supply of housing inventory in January, which was a 6.2 percent increase from December. The total number of available homes for sale has decreased by 2.9 percent compared to January of last year.
Brought to you by KW Research. For additional graphs and details, please see the This Month in Real Estate PowerPoint Report.The opinions expressed in This Month in Real Estate are intended to supplement opinions on real estate expressed by local and national media, local real estate agents and other expert sources. You should not treat any opinion expressed on This Month in Real Estate as a specific inducement to make a particular investment or follow a particular strategy, but only as an expression of opinion. Keller Williams Realty, Inc., does not guarantee and is not responsible for the accuracy or completeness of information, and provides said information without warranties of any kind. All information presented herein is intended and should be used for educational purposes only. Nothing herein should be construed as investment advice. You should always conduct your own research and due diligence and obtain professional advice before making any investment decision. All investments involve some degree of risk. Keller Williams Realty, Inc., will not be liable for any loss or damage caused by your reliance on information contained in This Month in Real Estate.
Get your greater Athens area fence installation questions answered on this week’s JWA segment of Real Estate on the River! This week, Team JWA’s Brandon McEachern talks with Todd Dellinger from Fences by Todd. Take a look at the video below to learn more about fence requirements for your home, the upcoming golf tournament and more! What would you like to see in upcoming Real Estate on the River segments? E-mail Brandon at brandon@thejwa.com or give us a call today! Ready to learn more about selling your current home, or interested in learning what’s currently on the market? Submit a request for contact today.
(Information and graphics via Keller Williams)
Interested in what’s going on in your neighborhood in the Greater Athens area? Give us a call today, or submit a request for contact. We’d be happy to provide you with a custom home valuation guide and home sale or purchase plan.
February 2018 Market Update According to the National Association of REALTORS®, existing home sales slipped slightly in December. Looking at the entirety of 2017, a modest 1.1 percent increase was posted. While housing demand remains high in many parts of the country, the limited number of available homes for sale has significantly stunted overall growth.
Interest Rates 
According to Freddie Mac, 30-year fixed rates rose from 3.99 percent to 4.15 percent. This rate remains well below the historical average of 8.90 percent.
Home Sales 
The National Association of REALTORS® reported home sales at a seasonally adjusted annual rate of approximately 5.6 million homes during the month of December. This was a decrease of 3.6 percent from November and an increase of 1.1 percent from December of last year.
Home Prices 
The median home price decreased to $246,800 in December, which was down 0.2 percent from November and up 5.8 percent from December of last year. The median home price has increased by approximately $13,500 in the past year alone.
Inventory 
There was a 3.2-month supply of housing inventory in December, which was an 8.6 percent decrease from November. The total number of available homes for sale has decreased by 11.1 percent compared to December of last year.
Brought to you by KW Research. For additional graphs and details, please see the This Month in Real Estate PowerPoint Report.The opinions expressed in This Month in Real Estate are intended to supplement opinions on real estate expressed by local and national media, local real estate agents and other expert sources. You should not treat any opinion expressed on This Month in Real Estate as a specific inducement to make a particular investment or follow a particular strategy, but only as an expression of opinion. Keller Williams Realty, Inc., does not guarantee and is not responsible for the accuracy or completeness of information, and provides said information without warranties of any kind. All information presented herein is intended and should be used for educational purposes only. Nothing herein should be construed as investment advice. You should always conduct your own research and due diligence and obtain professional advice before making any investment decision. All investments involve some degree of risk. Keller Williams Realty, Inc., will not be liable for any loss or damage caused by your reliance on information contained in This Month in Real Estate.
Your Next Move in the Greater Athens Area(Information via Keller Williams)
|
|
| 60 percent of homes sell during the summer months, making now the peak season for home showings. When you’re serious about selling your home for top dollar, these staging tips will help your home to stand out against the competition: | |
|
|
|
|
|
|
|
|
| When you’re ready for your next move, call us to discuss other staging techniques that will attract the right buyers for your home. Or submit a request for contact today, and we can provide you with a customized home staging plan. |
On this week’s Real Estate on the River series, Brandon McEachern of our Team Jennifer Westmoreland & Associates discusses first time home buyers with Ryan Thompson of BankSouth Mortgage. Thanks Ryan for being a part of this series! In this week’s video Ryan talks about what first time home buyers should expect as far as closing costs and planning in the greater Athens GA area.
 |
|
| Choosing the perfect home for you and your family is an extremely important decision. Online listings show you the basic details of a home, but how do you know whether or not it is a sound financial investment?
We go beyond the listing by analyzing historical sales, gathering detailed information on schools and local amenities, assessing trends in the local market, and studying economic conditions in order for you to make the best decision possible. Thank you for thinking of us for all of your real estate needs. Ready to explore in detail the availability of homes in the greater Athens area? Give us a call or submit a request for contact today! |
Information via Keller Williams)
| Securing the right financing is critical when you find the right home. Many buyers put such a heavy focus on low home prices that they miss out on the real opportunity in today’s real estate market – historically low mortgage rates! Now is the time to lock in a mortgage rate to offer you the peace of mind you deserve with your next home purchase. | |
 |
|
| Submit a request for contact or call us today to discuss how you can take advantage of today’s market. We’re here to help with your every move. | |
|
Five Ways to Update Your Space in the New Year
(Information and photo via Keller Williams)
When the ball drops on New Year’s Eve, we tend to start thinking of all the ways we want to overhaul our lives, but what about our houses? Here are five pieces of inspiration for updating your space in the new year. This may also give you some ideas in a new home that you may be reviewing.
| 1. Go bold. Paint an accent wall or a piece of furniture an of-the-moment, intense hue – like bright blue, fuchsia, kelly green or purple.
2. Embrace nature. Lacking a green thumb? Try succulents, which are some of the easiest plants to keep alive. Planters in natural materials like concrete and wood extend the organic feel. 3. Play with patterns. Geometric patterns continue to dominate décor designs. Integrate them into your space in a low-stakes way through patterned throw pillows or removable wallpaper. 4. Head toward the fringes. Textile trends are leading toward the tactile, with fringe popping up on everything from bedding to curtains to ottomans. 5. Gild it. Metallic accents make a room pop, and today’s tones can be mixed and layered, so consider trying brass serving trays with polished nickel cabinet pulls. |
Looking to buy, sell or invest in real estate? Let’s talk about it. Submit a request for contact or call me today to arrange a personalized consultation.
Ever thought about or looked at a vacation home in Florida? Thinking of purchasing a home at Amelia Island to enjoy the beach and know you have a location for the annual GA/FL football weekend? Or maybe you love the crystal clear water and white sand beaches of the Florida Gulf Coast? Jennifer Westmoreland & Associates is now licensed in the state of Florida through our Keller Williams Realty Atlantic Partners office at Amelia Island FL! We’re ready to bring our wealth of real estate market knowledge and experience to your next Florida real estate purchase! Since 1994, we’ve made every effort to provide you the very best service and expertise in the greater Athens area, and we’re looking forward to this new opportunity to provide you a trusted partner in a home purchase outside the Athens area. Don’t go it alone or with someone you’re unfamiliar with in an important decision. Submit a request for contact online, or simply give Jennifer a call today!
