Dear Friends,
This really is my 40th year to serve in the intense and ever-changing role as a Residential Realtor in the greater Hattiesburg Area. I have loved the opportunity to be closely connected with families of the area who were buying and selling their homes. Frequently, I have had the joy of working with first, second and even third generations and sometimes it has been the estate homes of friends that I have had close personal relationship for many years. Those are the sad times of reflecting on the brevity of life.
My passion for helping families buy or sell their homes is as intense as it was in August 1973 when I first convinced a young family that 910 Quinn Street should be their “home sweet home” at $16,500.00. Adam says, “Selling a family home to DeLois is like a dose of Vim and Vigor!”
In 1977, when we first opened Hattiesburg’s first franchised office, Hattiesburg Gallery of Homes, our very first clients were Dr. John and Cathy Dudley as they sold their first home on Prince George and purchased their current home in SW Hattiesburg.
My 40 years of local experience has taken me through two major recessions; no financing in the early 70’s except owner financing or FHA or VA Assumption; interest rates from 16-21% in the 80’s; a steady annual appreciation of 3% from 1990-2005; Katrina and recent tornadoes with a loss or severe damage to 560 local homes; and now New Hope!
“The most significant differences between 2012 and 2013 is in single word: Confidence
– consumer confidence is at its highest level in almost five years. Consumers
believe that real estate is a safe investment. They are also feeling a need to get in the market before it’s too late.” RIS Media Real Estate.
Market strategy, negotiating skills and trend spotting have never been more critical
to buyers and sellers than right now. If you have needed or wanted to make a move in the past five year, Now is the time! Here are some important facts for your consideration:
• Cheaper to Buy than rent – Today it is 44% cheaper to buy versus rent.
• Mortgage Rates Moving Forward- The MBA projects 30 year mortgage rates will be 4.3% by the end of the year.
• Cumulative appreciation by 2017 – Locally I expect to be in the 15% range over the next five years.
• Move-up Buyer Savings – Currently a young family can move from a home in the $150,000 range with higher rate financing to $200,000 without an increase in payment. In the $300,000 - $400,000 with a $100,000 increase in value, there is likely to be money left over!
Our team of cutting edge professionals has never been better equipped to help you move smoothly through the process of marketing your current home and helping
you and your family get well positioned to meet your present and future home ownership needs.
In my 40 years of service to home buyers and sellers, I’ve not seen a better opportunity!
Call us to help you, your friends, or family move!