Dear Friends and Extended Family,

     The hope and reassurance of Easter has been a special blessing this past weekend! All day, on Monday after Easter, I was hearing from clients and friends similar comments “It was such a glorious Easter service at our church” or “It was our best-ever Easter with family and special celebrations at our church!” After so many serious storms and losses of lives and property, we were blessed also by refreshing sunshine and clear skies. Beautiful pop-out roses, Louisiana irises, English dogwood blossoms, red amaryllis, Easter lilies, and gorgeous multi-colored snapdragons have been showing their splendor throughout our community and beyond.

     We are glad to welcome the beautiful milestone month of May once again. For our team and families, there are special birthdays, anniversaries, Mother’s Day, new babies to be born, and significant graduations. Granddaughter Heather is expecting to add to our family on May 14th. Our final “grand” undergraduate from Mississippi State, Robert Lewis, will receive his B.A. on my birthday, May 3rd. What an achievement for the whole family, as he is the senior grandson and the 4th to march down the aisle. After exploring several departments, he finally decided to pursue his real talents of art and photography where he really excels. He makes us proud often when we are invited to events that showcase his work.

     Winds of Change- Emerging trends, challenges, and opportunities have been obvious every day of the first one-third of 2019!  As you review our Market Analysis, November-April 2019, it is obvious there is much competition for inventory $100,000- $299,900. Thankfully, our $300,000- $399,900 is relatively healthy, and the $400,000- $499,900 is healthier than a year ago. The over $500,000 is  8 transactions total closed. Christy McLemore, our team Listing Coordinator, does an outstanding job of always providing this market update as well as a wealth of well-researched information for each team listing appointment and responding to research requests from our buyer and seller clients on a day-to-day basis.  As a present or past client, feel free to call our office for current market data which interests you.

      The geographical size of our market has grown significantly with 386 agents currently serving our Hattiesburg Area Association of Realtors from Wiggins to Laurel and Columbia to Richton. Our jurisdiction extends to six counties- Forrest, Lamar, Marion, Covington, Perry, and Stone. To date, 468 properties, according to the executive officer of Hattiesburg, have closed this year.

       Local landmark changes… Preservation Crossing- Old Hattiesburg High School. This is a project we have hoped would happen for decades. This venture will transform this landmark on Main Street into apartments for seniors age 55 and older. There will be 74 apartments with 575-800 square feet per unit to provide affordable rental rates from $200-$600 per month.

       Former Greentree Apartments are being transformed into Oak Grove Place Apartments at 2000 Oak Grove Road. This project is 65% completed and occupied. Rents begin at $570 for one bedroom and $690 for a two-bedroom unit.

      Three hundred Regions Bank employees recently moved from downtown Hattiesburg to a new mortgage center at the corner of Lincoln Road Extension and Lamar Boulevard. They moved from three buildings downtown- The Kress, Front Street, and Forrest Tower. The Kress and Forrest Tower will be converted to downtown mixed-use facilities and studio and one-bedroom apartments by Rob and Craig Tatum. A new Regions customer service will open on Front Street.

      Do not miss the upcoming 10th anniversary Festival South productions! Sister Act by the incredible Hub City Players is the beginning event June 7th-9th. Beethoven’s Fifth Symphony featuring the Festival South Orchestra with special guest violinist Matthew Hakkarainen will perform on June 13th. The King of Rock and Roll, a tribute featuring Victor Trevino, Jr., is June 14th. Finale is Linda Eder returning to the Saenger on June 22nd. All of this and much, much more you will want to enjoy during the #10 Festival South!

       The Power of the Team has never been more important to me and our team members than now. The complexity of the current market requires more creativity, flexibility, constant change, patience, and collaborative activities. Researchers at the University of Virginia have discovered that the proportion of an employee’s day spent communicating with colleagues and co-workers is a whopping 75%. Shawn Anchor’s new book Big Potential reaffirms the basic instinct that the “more you help people find their light, the brighter you both will shine.” Another conclusion worth considering: “the one thing that really predicts our long-term success and well-being is other people.” Almost every attribute of your potential- from intelligence to creativity to leadership to personality and engagement, is interconnected with others. The Power of the Team is best described as “the power of one made stronger by others.”

       As Christy McLemore, our attentive Listing Coordinator, continues to remind us with  market research, Our TEAM approach works! Among homes listed and sold up to $300,000 in our MLS in 2018, 78% of homes listed with The All-Star Team sold within 12 months! This is 16% higher on average than all competing brokerages. Our homes also sold in an average of 34 days, which is 32% faster than our competition!

Thank you for the privilege of serving as your Realtor Team! We are grateful for the opportunities you provide!

May the joy  and hope of Easter continue to bless you and your family!

DeLois and Team