Good evening, Happy St Patrick’s Day I hope everyone had a great weekend. I had the honor of marching in the Savannah St Patrick’s parade with the Alee Shriners, Great parade and I had a blast. Here is your weekly Hinesville and Ft Stewart residential real estate report. According to the Hinesville MLS, in Liberty and Long counties there are 528 residential properties for sale which is -5 from last week, of those;
67 are foreclosure properties -9 from last week
84 are builder properties +3 from last week
We have 118 pending sales + 8 from last week, of those;
39 are foreclosures +7
21 are builder properties +1
We had 13 closed transactions during the reporting period
These numbers look great, if you have been following this for a while you will remember a while back I pointed out a spring run and prices would start increasing gradually, I believe this is the start of the run. On a national level there are several reports out there reporting a slight rise in values and some markets especially in South Florida are reporting a shortage of listings (Fox news). If you are on the fence, now is the time to start thinking about making that move, interest rates are still at a record low and locally we still have some great listings at good prices, the redeployment will gradually pick up pace and I believe by mid-summer we will start seeing a shortage of good listings at certain price points. I hope everyone has a great and productive week, and remember for all of your real estate needs anywhere in the world call me and let me show you the way home.