Category Archives: Real Estate Info

Waycross, Georgia – Real Estate Market

January – September 2022 & 2023 The information in this report is compiled from data obtained from the Southeast Georgia Multiple Listing Service (SEGA MLS). The purpose of this report is to compare homes in the City of Waycross and … Continue reading

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Affordable housing is no longer affordable for most people

Anyone wanting to purchase a home who will need to finance should first contact a lender for advice. According to the following posted article, 1 in 5 millennials say they will never be able to own their own home. I … Continue reading

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Waycross-Ware County Comparative Sales Report: July 2023 compared to July 2022

The information in this report is compiled from data obtained from the Southeast Georgia Multiple Listing Service (SEGA MLS). The purpose of this report is to compare homes in the City of Waycross and Ware County, Georgia, that were sold … Continue reading

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Waycross-Ware Real Estate Market – 2022 vs 2023

January – June 2022 & 2023 The information in this report is compiled from data obtained from the Southeast Georgia Multiple Listing Service (SEGA MLS). The purpose of this report is to compare homes in the City of Waycross and … Continue reading

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Does America really have a shortage of homes?

Whether or not America really has a shortage of homes is debatable. It is all about how you count the homes. In the article Analysis: U.S. Needs More than 4M Homes by Adam Barnes in Florida REALTORS® on June 26, … Continue reading

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Difference: Discount v full service real estate brokers

“If you are considering selling your home, you have likely seen ads forbrokerages who will list your home for a discounted commission — or evena flat fee — but provide minimal services in return. What does this look likeduring the … Continue reading

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HUD is going to update disabled access regulations but is asking for public input first

However, on APRIL 26, 2023, in the article titled HUD to Update Disabled Access Regulations published on the Florida Realtors website, Kerry Smith states that “The U.S. Department of Housing and Urban Development (HUD) says federal fair-housing regulations about access … Continue reading

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Fair Housing Month – Appropriate Advertising

Whether you are a landlord, a property manager, or a REALTOR®, it is important to properly word your advertising so that you are in compliance with Fair Housing Advertising laws and ethical guidelines. To be in compliance, you need to … Continue reading

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April is Fair Housing Month

So what is Fair Housing? In simple terms, it is NOT discriminating in the sale or rent of housing (or financing and appraisals) because of race, religion, sexual orientation, disability, or national origin. Unfortunately, it has been necessary over the … Continue reading

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Update on my REALTOR status

I have closed Kelly Property Expert, Inc., my own company where I worked full-time from 2017-2022. I am now working under the name of Mary Kelly MBA, my new company, as a REALTOR® and a licensed real estate broker. My … Continue reading

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Mortgage rates up – what does that mean?

Mortgage rates have gone up again. (See Here Are Today’s Mortgage Rates on March 3, 2023: Rates Tick Up written by Justin Jaffe (CNET) at https://www.cnet.com/personal-finance/mortgages/here-are-todays-mortgage-rates-on-march-3-2023-rates-tick-up/). Normally when mortgage interest rates go up, home prices decline. However, right now we … Continue reading

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3 Reasons Why You Should Get Pre-Approved for a mortgage first before you shop for a home to buy

Flyer by Georgia REALTORS® may be downloaded and printed If you are pre-approved for a mortgage when you plan to finance the purchase of a home, you have a better chance of a seller accepting an offer to buy a … Continue reading

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Home buying contract contingencies (real estate)

Contingencies are provisions that must be met for the home sale transaction to go through, or the buyer is entitled to walk away from the deal with their earnest money. Both buyers and seller should understand how contingencies work. Here … Continue reading

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Florida’s Property Insurance Rates

“The report notes one of the big historical problems in Florida: In 2021, Florida had 6.91% of all U.S. insurance claims in the U.S. – but three out of four property insurance lawsuits (76%) were in Florida (from Fla. Releases … Continue reading

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Home sales in Ware County, Georgia in 2022

I compiled this report from information taken taken from qpublic.net, which is where Ware County Property Appraiser posts all of Ware County, Georgia, property sales information for public viewing. The file embedded below (which you can download) shows only the … Continue reading

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Florida – unaffordability & foreclosures

See the video: Foreclosure WAVE in Florida Getting BAD I have been saying over the past year (in 2022) that I was feeling like I was back in 2005 selling real estate. Back then, prices were going up by the … Continue reading

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Politics & Real Estate come together….

DECEMBER 29, 2022 What Does the U.S. 2023 Appropriations Bill Do for RE? By Kerry Smith The $1.7T spending bill that funds the federal government through Sept. covers a number of RE priorities, such as buyer assistance, fair housing and … Continue reading

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Emerging trends in real estate markets (residential-markets)

So what are the predictions in the real estate market as we enter 2023? Emerging trends are in part just the opinions of the authors. However, trends are determined by recent market activity and what history tells us that recent … Continue reading

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Commercial Real Estate Market (commercial-markets)

The commercial real estate market is not the same as the home sales market. In fact, when commercial properties are listed, the listings are not normally marketed in the same manner or on the same internet sites where homes are … Continue reading

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Six questions to ask when choosing a lender

It is extremely important that you ask the right questions of lenders you are considering for a mortgage when you are going to purchase a home. Six of the questions you should ask are listed on the flyer embedded in … Continue reading

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