Thought Leaders

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

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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

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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

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B2B Stories

The Impact of Inflation: Assessing Augusta’s Labor Market

According to the Augusta Economic Development Authority (AEDA), Augusta’s population grew by more than 25,000 people over the last five years and is projected to grow by another 26,000 by 2028. In that same time, jobs rose by 3,700 and are projected to increase by almost 12,000 over the next five years. As Augusta’s population and jobs continue growing, the city has become a prime location for businesses and plays a key role in the area’s economic strength. To continue this upward trajectory, local businesses need to understand and effectively

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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

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B2B Stories

Business Recovery and Resilience: Dealing with the Impacts of Hurricane Helene

Businesses in and around Augusta continue to grapple with the devastation caused by Hurricane Helene. The storm’s impact, which traced a path of destruction across our region, was especially hard-hitting for interior areas in Georgia and the Carolinas. While there’s no doubt that Augusta will recover and continue to thrive as a leading destination for business, it’s important to understand the residual effects businesses in our area face as they navigate the recovery process. Navigating insurance gaps Helene left local business owners stuck in a maze of insurance-related uncertainties. Interior

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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

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Residential Real Estate

Real Talk Real Estate: Navigating Home Appraisals: Insights for Buyers in a Changing Market

Home appraisals are a critical step in the home-buying process, ensuring that you pay a fair price for the property and that your lender feels confident about the investment. Whether you’re a first-time buyer or a seasoned homeowner, understanding how appraisals work and what to expect can empower you during your home purchase. This guide will explain the appraisal process and inevitably what may happen when the real estate market surges again following an anticipated increase in sales activity. What Is a Home Appraisal? A home appraisal is an unbiased

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Thought Leaders

As interest rates go down, Augusta’s economy has a chance to thrive

After more than two and a half years of interest rate hikes and an extended period of interest rates sitting at 5.5%, we have seen interest rate cuts at back-to-back Fed meetings. While the current Fed funds rate sits at 4.75% – well above the 2019 peak of 2.5% – consumers, businesses, and the real estate market should start to plan their first steps in a lower interest rate environment. Consumers see a more friendly environment for big purchases. Already battered by inflation levels not seen since the 1980s, heightened

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Residential Real Estate

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

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 rates have continued to rise over the past year, putting a bit of a squeeze on affordability. Nonetheless, our area remains attractive to both local buyers and newcomers, thanks to the area’s quality

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