Residential Real Estate

B2B Stories

Simon Says: New Housing BOOM in the CSRA!

The Augusta Leading Economic Index (LEI) increased 1.9 percent in March from April. This is the highest monthly increase since August 2020, when we were coming out of the covid lockdown. The LEI is 1.4 percent higher than a year ago. The big driver of this month’s data was residential building permits, which were 631 in March, the highest on record going back to 2000. 298 permits were for 1-unit structures, and 329 were for 5 units or more. Although there has been news of a cooling of the national

Read More »
B2B Stories

Simon Says: A Few Bright Spots in Augusta’s LEI, Except for Buying a Home

The Augusta Leading Economic Index (LEI) increased 0.2 percent in February from January. It is 0.9 percent higher than a year ago. The largest change was seen in initial claims for unemployment insurance, which declined by 65 percent on the month. Initial claims for unemployment insurance often fall in February, but there were just 653 new claims in the Augusta Metropolitan Statistical Area (MSA) in February, the lowest since November 2019. The percentage decline was greater than the state of Georgia as a whole, which saw claims fall by 40

Read More »
Consumer Stories

Good Deeds: Real Estate Agents Give Back

There are roughly 2,000 Independent Contractor Real Estate agents in the CSRA responsible for generating commissions and paying their own expenses. Many earn a great living for their family and want to give back to those who buy and sell homes from them and those in need. In celebration of National Fair Housing Month, The REALTORS® of Greater Augusta (RGA), in partnership with Augusta, Georgia Recreation & Parks, invites residents to a free Community Care Day. It’s set for Saturday, April 26th, from 10:00 AM to 1:00 PM at May

Read More »
Residential Real Estate

Real Talk Real Estate: Essential Home Maintenance Tips Everyone Should Know

Regular home maintenance is crucial for keeping your property in excellent condition and avoiding costly repairs down the line. Whether you’re a first-time homeowner, an experienced one, or renting a home, these practical tips will help you stay on top of essential tasks to maintain your properties’ best functionality. 1. Inspect and Clean Gutters In my experience clogged gutters are worse than not having them at all here in Augusta. Clogged gutters can lead to water damage, roof leaks, and foundation issues. Regularly clean your gutters and downspouts, especially during

Read More »
B2B Stories

Simon Says: Most residential building permits in 25 years!

It has been a while since I updated the Augusta Leading Economic Index (LEI) and there have been some interesting developments. In September and October, there were 572 and 545 new residential building permits issued for the August Metropolitan Statistical Area (MSA). The September number is the second highest, and the October number the fourth highest, since records began in January 2000. This represents good news for the construction industry and the supply of housing to help ensure affordable housing. Initial claims for unemployment insurance took a hit in October,

Read More »
Residential Real Estate

Best of Real Talk Real Estate: CSRA Real Estate Market Update: What’s Happening in Augusta and Surrounding Areas?

Editor’s Note: As we are winding down a new month in a new year, it seemed a great time to recap what has happened and what is on the horizon for the CSRA real estate market. If you’re following the real estate market in Augusta, GA, you know it’s been an eventful year. From shifting demand to fluctuating interest rates, buyers and sellers alike are navigating a changing landscape. Here’s a snapshot of the latest trends, insights, and what I expect to see as we move toward the end of

Read More »
Consumer Stories

Best of Real Talk Real Estate: Unlocking Real Estate Secrets: 3 Top Googled Questions Answered

We all do it, take all our questions about real estate to the infamous Google! Initially, they mostly revolve around the same topic everyone is curious about: “When is the housing market going to crash?” Frankly, I’m a bit tired of that one, so let’s talk about a few other commonly searched questions. Can You Sell a Property After Probate? This is a common question, but not one many people are familiar with. Probate is the legal process of settling a deceased person’s assets and debts. Depending on whether there’s

Read More »
Residential Real Estate

Real Talk Real Estate: Spring Into Action: Get Your Home Ready to Sell This Season

As the New Year unfolds, many homeowners begin considering their goals for the months ahead. If selling your home in the spring is on your to-do list, now is the perfect time to start preparing. The spring real estate market is one of the busiest of the year, and getting a head start can help your home stand out among the competition. Here are the key areas to focus on to ensure your property is ready to shine when buyers start their search this spring. 1. Declutter and Organize A

Read More »
Residential Real Estate

Best of Real Talk Real Estate: Will Homes Finally Become Affordable in 2025?

Editor’s note: Welcome to a new year! Happy house hunting! As CSRA homeowners make changes after Helene and new potential homeowners move into the area, it seemed appropriate to repeat a column you might have missed about the potential of affordable homes in 2025. The question on everyone’s mind is whether 2025 will bring relief to homebuyers struggling with affordability. While recent fluctuations in mortgage rates have added uncertainty, many industry experts predict a gradual decline in rates next year. However, don’t expect rates to plummet too quickly. The powers

Read More »
Residential Real Estate

Best of Real Talk Real Estate: CSRA Real Estate Market Update: What’s Happening in Augusta and Surrounding Areas?

Publisher’s Note: A few months back, our resident Real Estate expert, Shawna Woodward looked into her crystal ball to share her insights on 2024. Here is the “best of” Real Talk Real Estate! If you’re following the real estate market in Augusta, GA, you know it’s been an eventful year. From shifting demand to fluctuating interest rates, buyers and sellers alike are navigating a changing landscape. Here’s a snapshot of the latest trends, insights, and what I expect to see as we move toward the end of 2024. Unfortunately, interest

Read More »