According to a recent survey from the National Association of Realtors (NAR), one of the top challenges buyers face in today's housing market is finding a home that meets their needs. That's largely because the inventory of homes for sale is so low today.
If you're looking to buy a home, you may have noticed this yourself. But there is good news. Recent data shows more sellers are listing their houses this season, which may give you more options for your home search.
The latest data from realtor.com shows the number of listings coming onto the market, known in the industry as "new listings," has increased since the start of the year (see graph below):
This indicates more sellers are listing their homes for sale each month this year. And according to realtor.com, this growth is expected to continue. Their research finds the majority of potential sellers plan to list their homes over the next six months. Realtor.com says:
". . . markets may see a noticeable bump in the number of homes for sale as we move through spring and into summer. A majority of homeowners planning to sell this year indicated that they aim to list in the next six months, with almost 10% having already placed their properties on the market."
But while new listings are increasing, it's important to know they're also selling quickly. The latest Realtors Confidence Index from NAR shows the median days on market for recently sold homes since the beginning of the year (see chart below). The time on market has decreased month-over-month. That means homes are selling even faster than they did the previous month.
While a low-inventory market is difficult to navigate as a buyer, there is hope. The growing number of new listings and the expectation more sellers will list their homes in the coming months is great news if you've had a hard time finding a home that fits your needs. Just remember, those new listings are going fast. That means you'll want to keep your foot on the gas and be ready to act if you find a home you love this season.
Your agent can help you stay on top of the latest listings in your area so you can find the home that's right for you and submit your strongest offer as quickly as possible.
If you've been having a hard time finding your dream home, stick with your search. More options are coming to market and your ideal home could be one of them. Let's connect so you can stay up to date on the latest listings in our market, so you can be ready to move fast when you find the one that's right for you.
As the spring housing market kicks off, you likely want to know what you can expect this season when it comes to buying or selling a house. While there are multiple factors causing some uncertainty, including the conflict overseas, rising inflation, and the first rate increase from the Federal Reserve in over three years — the housing market seems to be relatively immune.
Here's a look at what experts say you can expect this spring.
Freddie Mac reports the 30-year fixed mortgage rate has increased by more than a full point in the past six months. And despite some mild fluctuation in recent weeks, experts believe rates will continue to edge up over the next 90 days. As Freddie Mac says:
"The Federal Reserve raising short-term rates and signaling further increases means mortgage rates should continue to rise over the course of the year."
If you're a first-time buyer or a seller thinking of moving to a home that better fits your needs, realize that waiting will likely mean you'll pay a higher mortgage rate on your purchase. And that higher rate drives up your monthly payment and can really add up over the life of your loan.
There may be some relief coming for buyers searching for a home to purchase. Realtor.com recently reported that the number of newly listed homes has grown for each of the last two months. Also, the National Association of Realtors (NAR) just announced the months' supply of inventory increased for the first time in eight months. The inventory of existing homes usually grows every spring, and it seems, based on recent activity, the next 90 days could bring more listings to the market.
If you're a buyer who has been frustrated with the limited supply of homes available for sale, it looks like you could find some relief this spring. However, be prepared to act quickly if you find the right home.
If you're a seller, listing now instead of waiting for this additional competition to hit the market makes sense. Your leverage in any negotiation during the sale will be impacted as additional homes come to market.
Prices are always determined by supply and demand. Though the number of homes entering the market is increasing, buyer demand remains very strong. As realtor.com explains in their most recent Housing Report:
"During the final two weeks of the month, more new sellers entered the market than during the same time last year. . . . However, with 5.8 million new homes missing from the market and millions of millennials at first-time buying ages, housing supply faces a long road to catching up with demand."
What does that mean for you? With the demand for housing still outpacing supply, home prices will continue to appreciate. Many experts believe the level of appreciation will decelerate from the high double-digit levels we've seen over the last two years. That means prices will continue to climb, just at a more moderate pace. Most experts are predicting home prices will not depreciate.
While some people may believe a 1% increase in mortgage rates will impact demand so dramatically that home prices will have to fall, experts say otherwise. Doug Duncan, Senior Vice President and Chief Economist at Fannie Mae, says:
"What I will caution against is making the inference that interest rates have a direct impact on house prices. That is not true."
Freddie Mac studied the impact that mortgage rates increasing by at least 1% has had on home prices in the past. Here are the results of that study:
As the chart shows, mortgage rates jumped by at least 1% six times in the last thirty years. In each case, home values increased.
So again, if you're a first-time buyer or a repeat buyer, waiting to buy likely means you'll pay more for a home later in the year (as compared to its current value).
There are three things that seem certain going into the spring housing market:
If you're thinking of buying, act now before mortgage rates and home prices increase further. If you're thinking of selling, your best bet may be to sell soon so you can beat the increase in competition that's about to come to market. Let's connect!
It's a well-known fact that the real estate market cools off in the fall and winter and picks up in the spring, but what is really the best season to sell your property? The answer ultimately depends on your situation and location. The reality is each season comes with its own unique advantages and challenges. To help you determine the best season for selling, we'll break down the top advantage and challenge of each season below:
Many people believe spring is the best time to sell your home, but that really depends on where you live. While spring is often the most popular time to shop, some southern states experience intense weather in late spring. Competition is also at its peak. Here are some of the benefits
Statistics show that late June has the highest number of closings, indicating summer is an ideal time to sell. It's also the most popular time to move, especially because school is out. However, extreme heat in some areas of the country coupled with vacation times can drag out the closing process.
Once school starts, there is a noticeable decline in real estate activity, but that doesn't mean fall is a bad time to sell. There are still many buyers on the market that couldn't secure a home in the spring or summer. Selling in late September / or early October has both pros and cons:
December is often considered to be the slowest month for real estate closings. Cold weather means fewer shoppers in most of the country, but competition is probably at its lowest point of the year. If you live in Florida, Arizona, or Southern California, winter is likely a great time to sell.
It's certainly possible to sell your home any time of the year, and so often the right season depends on your property, location, and situation. Your real estate agent is a great resource to help you assess the market and determine the best time to list your home. When you are ready to list your home, let's connect!
If you're thinking of buying a home today, you already know that the number of homes available for sale is low. But what does that really mean for you? As a buyer, low housing supply coupled with high buyer demand means you should be prepared to navigate a highly competitive market where homes sell fast and get multiple offers. Realtor.com has this to say:
"Homes also flew off the market at record pace as buyers put offers in the moment properties came up for sale…."
In a bidding war situation like this, doing everything you can to get ahead of the competition is a wise move. That's because when you find a house and submit an offer, it'll likely be up against strong offers from other buyers. According to the latest Realtors Confidence Index from the National Association of Realtors (NAR), homes today are receiving an average of 3.9 offers. That's the most offers we've seen in January for the last 5 years (see graph below):
To help you navigate bidding wars with multiple offers, an expert real estate advisor is key. They know what's worked for other buyers, what sellers are looking for, and how to help you prepare when it comes time to make an offer. Here are three tips to keep in mind that will help you make the best offer possible.
Knowing your budget and what you can afford is critical to your success as a homebuyer. The best way to understand your numbers is to work with a lender so you can get pre-approved for a loan. Pre-approval shows sellers you're serious, which can give you a competitive edge. You should also know making an offer at the home's asking price may not be enough. Homes today often sell for more than their listing price. An agent can help you understand the market value of the home and what other homes are selling for in your area.
Speed and the pace of sales are contributing factors to today's competitive housing market. When homes are selling fast, it's important to stay on top of the market and be ready to move quickly. Your agent will help you stay up to date on the latest listings and help you put together your best offer as soon as you find the home you want to buy.
When you're up against other offers, putting your best offer forward from the start is key. Lean on your agent to write a strong offer and use their expertise on which levers you can pull to make your offer as enticing as possible. One option is to wave some of your contract contingencies (conditions you set that the seller must meet for the purchase to be finalized). Just remember there are certain contingencies you don't want to give up, like the home inspection.
No matter what, your agent is your best resource for making an offer that stands out in a competitive market. Let's connect to talk through what you can expect as a buyer and how to kick off a successful home search.
Selling a home is a relatively rare life event for most people, so it's normal not to know what to expect. When seeking advice from neighbors, friends, or family, it might seem like everyone thinks they're an expert on real estate transactions. It's also common to hear myths and tall tales about the market or the selling process.
As a first-time seller, don't believe everything you hear. Getting caught up in real estate myths can lead to bad decisions that ultimately cost you money in the long run. If you're planning on selling your home soon, be cognizant of these five myths of selling a home:
Selling a home isn't always easy, so arming yourself with the most accurate information is the best way to make decisions that lead to a good return. Of course, experienced real estate agents are often the best source of reliable information about the market. Let's connect when you are ready to learn more about today's market!
Falling in love with a neighborhood can be equally as important as the house when you're home searching. Whether you're looking to socialize with neighbors or you prefer to keep to yourself, selecting a neighborhood you love is essential to your overall contentment. Read on to determine the factors to consider as you search for a new home in a new neighborhood.
Suppose you regularly commute to your place of employment—this distance and time matters. Whether you drive or take the train, knowing the average daily commute time is an essential factor to consider. If you drive, calculate how long the drive will take, and if you take the train, make sure that the local train stop offers express trains.
Whether it's a country club, golf club, fitness center or pool, living near the amenities you use regularly is essential. It will result in less commuting time, less stress and afford you more time to engage in the recreational activities you love.
Regardless of if you have school-aged children or not, living near a highly-rated school should be an essential part of the home searching process. In addition to how the schools are rated on sites such as greatschools.org, you can review the school's state test scores, school programming options such as Advanced Placement (AP) classes, extracurricular activities, athletic programs and the Parent Teacher Association.
Access to Nature
If having access to nature is important to you, research the nearby parks, walking trails and hiking areas that are close to the neighborhood. If you enjoy taking long walks closer to home, ensuring the area has sidewalks or walking trails may be necessary.
Quantity and Age of the Trees
Tree-lined streets are an important part of a neighborhood to many home buyers. They signify a more established area and offer a certain charm that newer communities lack. They also provide health benefits, as they clean the air.
Neighborhood Amenities and HOA
Depending on your stance on homeowner's associations (HOA's), they may entice or deter you. For example, if you're looking for a neighborhood with a community feel and amenities such as a pool, clubhouse and other shared spaces, it likely means the neighborhood will have an HOA. On the other hand, an HOA's regulations may be too restrictive. Review the neighborhood's HOA bylaws before making an offer to ensure you're comfortable with the requirements that are in place.
If you're someone who enjoys an early morning walk to get your coffee, making sure the local coffee shop is a quick walk away is one of the minor aspects that add up to your overall quality of life. Likewise, suppose you want the ability to walk into town to grab lunch, go shopping or for your hair appointment. In that case, ensuring your neighborhood is close to the town's central business district is an essential factor to add to your list.
Ultimately, the elements of a great neighborhood are the most important factors to you. Whether it's having a short commute time, highly rated schools or tree-lined streets, your requirements are all part of your unique home buying process.
When you're selling any item, you usually want to sell it for the greatest profit possible. That happens when there's a strong demand and a limited supply for that item. In the real estate market, that time is right now. If you're thinking of selling your house this year, here are two reasons why now's the time to list.
A recent article in Inman News explains:
"Spring, the hottest time of year for homebuyers and sellers, has started early, according to economists. . . . 'Home shopping season appears to already be in full swing!'"
And they aren't the only ones saying buyers are already out in full force. That claim is backed up with data released last week by ShowingTime. The ShowingTime Showing Index tracks the average number of monthly buyer showings on active residential properties, which is a highly reliable leading indicator of current and future trends for buyer demand. The latest index reveals this December was the most active December in five years (see graph below):
As the data indicates, buyers are very active this winter. Last December saw even more showings than December of 2020, which was already a stronger-than-usual winter. And remember – you want to sell something when there's a strong demand for that item. That time is now.
Each month, realtor.com releases data on the number of active residential real estate listings (listings currently for sale). Their most recent report reveals the latest monthly number is the lowest we've seen in any January since 2017 (see graph below):
And don't forget, the best time to sell an item is when there's a limited supply of it available. This graph clearly shows how extremely low housing supply is today.
According to the latest Existing Home Sales Report from the National Association of Realtors (NAR), existing-home sales totaled 6.12 million in 2021 – the highest annual level since 2006. This means the market is hot and homeowners are in a great place to sell now while sales are so strong.
NAR also reports available listings by calculating the current months' supply of inventory. They explain:
"Months' supply refers to the number of months it would take for the current inventory of homes on the market to sell given the current sales pace."
The current 1.8-months' supply is the lowest ever reported. Here are the December numbers over the last five years (see graph below):
The ratio of buyers to sellers favors homeowners right now to a greater degree than at any other time in history. Buyer demand is high, and supply is low. That gives sellers like you an incredible opportunity.
If you agree the best time to sell anything is when demand is high and supply is low, let's connect to begin discussing the process of listing your house today.
One key question that's top of mind for homebuyers this year is: why is it so hard to find a house to buy? The truth is, we're in the ultimate sellers' market, so real estate is ultra-competitive for buyers right now. The number of buyers searching for a home greatly outweighs how many homes are available for sale.
While low inventory in the housing market isn't new, it's a challenge that continues to grow over time. Here's a look at two reasons why today's housing supply is low and what that means for you.
The graph below shows new home construction for single-family homes over the past five decades, including the long-term average for housing units completed. Builders exceeded that average during the housing bubble (shown in red on the graph). The result was an oversupply of homes on the market, so home values declined. That was one of the factors that led to the housing crash back in 2008.
Since then, the level of new home construction has fallen off. For the last 13 straight years, builders haven't been able to construct enough homes to meet the historical average (as illustrated in green on the graph). That underbuilding left us with a multi-year inventory deficit going into the pandemic.
Then, when the pandemic hit, it fueled a renewed appreciation and focus on the meaning of home. Having a safe space to live, work, school, and exercise became even more important for Americans throughout the country. So, as mortgage rates dropped to at or below 3%, buyers eagerly entered the market looking to capitalize on those low rates to secure a home that would fulfill their changing needs. At the same time, sellers hesitated to put their houses on the market as concerns about the pandemic mounted.
The result? The number of homes available for sale dropped even further. A recent article from realtor.com explains:
"Last month, the number of home listings dropped 26.8% compared with the same time a year earlier. This meant there were about 177,000 fewer homes listed in what's already typically a slower month due to the holidays and colder weather. . . ."
For a buyer, low inventory can be a challenge. You want to find the home of your dreams, and you don't want to settle. But what if there just aren't that many homes to choose from?
There is some good news. Experts are projecting more homes will soon become available thanks to sellers re-entering the market. Danielle Hale, Chief Economist at realtor.com, shares this hope, but offers perspective:
"We expect that we'll start to see a turnaround and inventory will stabilize and start to go up a little bit in 2022. . . . But that means we're looking at inventory levels of roughly half of what we saw before the pandemic. For buyers, the market is likely to continue to move fast. If you see a home you like, you want to jump on it right away."
Basically, inventory is still low, even though more homes are coming. But you shouldn't put your plans on hold because you're waiting for those additional houses to hit the market. Instead, stick with your search and persevere through today's low inventory. You can find your next home if you're patient and focused.
Remember your goals and why finding a home is so important. Those things should be the driving force behind your search. Share them with your agent and be clear about your priorities. Your trusted advisor is your greatest support as you navigate today's low housing supply to find the home of your dreams.
If you're planning to buy this year, the key to success will be patience given today's low inventory. Let's connect to discuss what's happening in our area, what homes are available, and why it's still worthwhile to prioritize your home search today.
The rise in remote work is changing what many Americans want in their homes. Many companies are choosing to delay reopening or go remote full-time, and today's buyers are looking for homes with more space to support their work needs.
As a seller, if you no longer need the extra room you have in your home, rest assured there are buyers who do.
Remote work remains a reality for many Americans. A recent poll from Garter, Inc. shows many organizations have not yet returned their offices:
". . . 66% of organizations are delaying reopening their offices due to new COVID-19 variants."
And it's not just companies that are choosing to remain remote for the time being – workers are seeking more flexibility. According to research from PricewaterhouseCoopers, nearly one-fifth of employees want to be fully remote in the future. The study also finds that many people are leaving jobs to seek out remote work opportunities:
"Among employees looking for new jobs, almost one in ten say it's because they moved away from the office while working remotely and don't want to go back on-site."
That's leading today's buyers to prioritize finding homes with more space so they can comfortably work from home. The 2021 Home Design Trends Survey from the American Institute of Architects finds that 69% of surveyed individuals still want at least one office at home. However, it also shows that more people are looking for multiple spaces in their home for remote work and virtual meetings (see graph below):
If your house has extra space that you no longer need, buyers are interested, and now may be the perfect time to sell.
Your trusted real estate advisor can help you highlight many of the most sought-after features in your listing, including home offices. On the other hand, if you have extra room without a purpose, consider staging it as an area where remote work can happen. Your agent can help you with this as well by evaluating and preparing your space for potential buyers. They'll make recommendations for how to stage the room, where to draw the eye, and what other sellers are doing to make their houses stand out.
With the continued rise in remote work, more buyers are looking for homes that can support multiple home offices. If you have extra room you're no longer using, consider selling. Let's connect today to discuss the unique features in your house and how you can capitalize on any extra space to appeal to today's buyers.
Autumn is sometimes that overlooked period between the last of summer's outdoor activities and hectic preparations for the holidays. But fall offers its own opportunities for rewarding family fun. Check out these leisurely ways to make some happy autumn memories.
While today's supply of homes for sale is still low, the number of newly built homes is increasing. If you're ready to sell but have held off because you weren't sure you'd be able to find a home to move into, newly built homes and those under construction can provide the options you've been waiting for.
The latest Census data shows the inventory of new homes is increasing this year (see graph below):With more new homes coming to the market, this means you'll have more options to choose from if you're ready to buy. Of course, if you do consider a newly built home, you'll want to keep timing in mind. The supply shown in the graph above includes homes at various stages of the construction process – some are near completion while others may be months away.
According to Robert Dietz, Chief Economist and Senior VP for Economics and Housing Policy for the National Association of Home Builders (NAHB):
"28% of new home inventory consists of homes that have not started construction, compared to 21% a year ago."
Buying a home near completion is great if you're ready to move. Alternatively, a home that has yet to break ground might benefit you if you're ready to sell and you aren't on a strict timeline. You'll have an even greater opportunity to design your future home to suit your needs. No matter what, your trusted real estate advisor can help you find a home that works for you.
If you want to take advantage of today's sellers' market, but you're not sure if you'll be able to find a home to move into, consider a newly built home. Let's connect today so you have a trusted real estate advisor to guide you through the sale of your house and discuss your homebuying options.
Buying a home is an involved process, regardless of your price point. However, the luxury market comes with a different set of conditions. From working with a specialized real estate broker, less available inventory and a more discerning list of requirements, investing in a luxury property can be more involved than purchasing a mid-level home. Here are some of the little-known secrets of the luxury home buying process.
Work With a Luxury Broker
Working with a well-versed broker in the luxury market is key to ensuring a smooth home searching and buying process. A luxury broker will be familiar with the areas in which you're looking, will be up to speed on the latest trends, will be able to identify potential issues in properties you view and will know if a property is worth its listing price. Additionally, a luxury broker will have access to homes that might not be listed publicly or on the MLS. Many luxury listings are private to protect the seller's privacy, so only luxury brokers within the inner circle are privy to these listings.
Have a Knowledgeable Team in Place
In addition to working with a broker who specializes in the luxury market, making sure your financial advisor is involved in your purchase decision will ensure you're making an intelligent investment. Taking it a step further and arranging a meeting between your broker and financial advisor will safeguard your purchase.
Patience is the name of the game when buying luxury real estate. Because of limited inventory, the time it takes to conduct research and a discerning list of must-have features, it can take longer to find the property that is a perfect match for your specifications.
Know the Neighborhood
Familiarizing yourself with the neighborhood and its future plans is an important part of the luxury home buying process. From the school district to the area's downtown amenities to recreational opportunities, the neighborhood can be just as important as the home. Additionally, suppose you are buying a property for its views. In that case, it's important to understand any plans for the area and any possibilities of new construction that could impact any waterfront, golf course or sunset views.
Don't Discount Properties Based on Photos
Based on the photos, if you don't fall in love with a property, it's still worth an in-person visit to see the home. For example, a house may require interior updates but have one in a million waterfront views. If you discount the house based on the listing photos, you will miss out on your opportunity to own a property with those views.
Have Proof of Funds
Being able to prove you have the funds to purchase a luxury property can be more involved than if you're buying a mid-level home. Therefore, it's important you have the documentation to prove you have the funds before making an offer. You may even need this documentation before you view the property. If you're interested in buying or selling, let's connect!
A surveyor is a professional who determines the exact location of a property line. Many homeowners don't know the boundaries of their yards and operate under erroneous assumptions. That can lead to disputes between neighbors that are stressful, costly and preventable.
You Need to Know the Location of the Property Line Before You Build
If you're thinking about building an addition or constructing a fence, you need to know exactly where the property line is so that you don't accidentally encroach on your neighbor's land. If you don't have your property surveyed and you inadvertently build in your neighbor's yard, you can find yourself in legal and financial trouble. You may be required to move a fence or have an addition torn down, or you may have to purchase a piece of land from your neighbor to rectify the situation and avoid a lawsuit.
Local zoning laws typically require that additions and other structures be located a minimum distance from a property line. You'll need to know precisely where that line lies before you begin building, or even designing, an addition. You don't want to spend time and money to develop a plan, then learn that you don't have the legal right to follow through with it.
You Need to Know Who Owns a Tree
Trees are often located on or near property lines. The location of the property line is important because it determines who is responsible for maintaining a tree. It can also impact liability if a tree falls in a storm. If the tree is located in your yard and it falls on your neighbor's property because you failed to have dead branches trimmed, you may be held liable for repair costs.
You Need to Know If There Are Additional Factors That Affect Land Ownership
Sometimes a property owner is granted an easement that gives that party permission to use a portion of someone else's land for a particular purpose. If an easement exists, you may not be aware of it, but it can affect your rights to build in your yard. A surveyor can research the issue and note any easements in a report.
You Need to Know Where Utilities Are Located
Pipes, gas lines and cables are often placed underground. It's critical to know what's beneath your property and where it's located before you or a contractor begins digging for any type of project. A surveyor can find and mark the locations of underground utilities to help you avoid an accident.
Get Accurate Information So You Can Make Informed Decisions and Prevent Disputes
When neighbors get into disagreements about property lines, things can get heated. Often, a dispute stems from a misunderstanding. If you want to build on your property or if you think your neighbor may be violating your rights, hiring a surveyor is a good first step. Once you have accurate, unbiased information, you'll be able to decide how to proceed.
While no one ever wants to imagine their home filling with water, for many areas of the country, flooding is a scary reality for many homeowners. Whether a natural disaster is on the way or you simply want to be aware of how to protect your home when flash flood warnings sound, we have five steps to preparing your home for flooding.
Clear gutters. If flooding is predicted in your area, help your home out by clearing all gutters, downspouts and drains so your home can battle the rising water.
Elevate outdoor electric units. Outdoor generators, fuel tanks and air-conditioning units should not be left on ground level outdoors. Elevate them as best you can and securely anchor them so they don't float away if flooding occurs.
Power down. Shut off your electricity via your breaker panel to stay safe.
Move items upstairs. When flooding is likely, take charge by moving items upstairs and further from the flood zone. Furniture, rugs, electronics and important paperwork should all be moved to the highest ground possible. Make copies of important paperwork and store them digitally so you don't lose them.
Raise appliances. While you likely can't lug your refrigerator upstairs, you can elevate your appliances on concrete blocks to minimize damage if only a few inches of water floods in.
5 Lifestyle Trends Embraced by Millennials
Millennials are a driving force in today's luxury real estate market. If you want your house to appeal to this demographic, then it's important to understand how they live and what they look for in a home. Here are a few lifestyle trends that have come to define the real estate preferences of millennials.
Health and Wellness
They've been called the "wellness generation," so it should come as no surprise that millennials enjoy taking good care of themselves. From home gyms and meditation studios to saunas and massage rooms, they pay equal attention to the mind and body when it comes to personal wellbeing. Homes that are designed to accommodate this lifestyle will surely be in high demand among these buyers.
Any homeowner can appreciate a luxurious outdoor living space, but for young and affluent buyers, this is frequently the number one priority. This generation has an affinity for spending their free time basking in a private, outdoor oasis equipped with high-end features, such as a resort-like swimming pool, outdoor kitchen and al fresco dining area.
Perhaps more than anything, millennials are defined by how strongly they value convenience. As a generation accustomed to the instant gratification of the digital age, they gravitate toward homes that are optimized for efficiency and provide easy access to nearby amenities. Time is a treasured commodity for millennials, and they want a living space that is designed to protect it.
Socially and Environmentally Conscious
As a generation that came of age just as sustainability became a mainstream issue, millennials have largely embraced the idea of an environmentally friendly lifestyle. They seek to minimize their impact on the planet and, as a result, prefer homes that are designed to lower energy and water consumption. Furthermore, they want to know where their home's materials come from and how they were sourced. Certifications that signify ethical and responsible labor practices are an important part of their desire to live in a socially conscious manner.
It's no secret that Savannah is one of the best places to visit in the South, but to really appreciate all that the Hostess City has to offer, it's important to plan accordingly. Savannah is obviously known for it's history and architecture after being spared destruction in the Civil War, but is also a city that has quirky residents, beautiful marshes, and many late nights. We've put together a list of some of our favorite places in Savannah for eating, imbibing, and taking in the sights.
View this post on Instagram
Start off your trip by checking into your home away from home in the Historic District. Be sure to stay on Jones Street, named one of the "7 Most Beautiful Streets in America." Cora Bett Thomas Realty and Associates offers Savannah vacation rental properties throughout the Historic District. Many of these properties are located within historic buildings full of charm and amenities. Jones Street is in the heart of the Historic District, so you're within walking distance of plenty of shops, sights, restaurants and late night fun.
Savannah has no shortage of rooftop bars, but you're within easy walking distance to Perch Rooftop Bar. Perch is located on the south end of Savannah's famous Forsyth Park. Have a stroll through the park, and then settle in on one of the bar's comfy outdoor loveseats with a cold glass of rose' and watch the setting sun filter through the oak trees.
Dinner at Local 11Ten
Hungry? Wander downstairs to Local 11Ten. Located under Perch, Local 11Ten is housed in the old Savannah Bank building. The building's renovated interior is one of casual elegance. Local 11Ten's menu showcases the flavors of the Lowcountry with seasonal ingredients. Sit back and enjoy the seafood special of the day while taking the activity surrounding Forsyth Park.
If you're looking to squeeze in a bit more fun on your first night, call a pedicab for an evening ride through the park over to McDonough's Lounge. McDonough's, as it's locally known, doesn't have craft cocktails or a wine list. But if you're looking to truly experience Savannah as the locals do, then this is the place to do it. Order a cold beer, people watch and pick your song for karaoke.
Before you head out of the Historic District, swing by the Mate' Factor. This cafe' features drinks made from Yerba Mate and homemade baked goods. An Egg and Cheese Sandwich and an Iced Green Drink will fuel you up for the day ahead.
View this post on Instagram
Stroll down the wide avenue flanked by majestic oaks draped in Spanish moss to Wormsloe Historic Site. The tabby ruins of Wormsloe are all that is left of the estate of Noble Jones. This is also the oldest standing structure in Savannah. Wormsloe hosts programs and events at various times throughout the year, and a nature trail is open during the site's regular hours.
The community of Pin Point is located off the banks of the Moon River, and has been for 100 years. Experience the richness of the Gullah/Geechee culture and community, and check out the Pin Point Heritage Museum in the old A.S. Varn and Sons Oyster and Crab Factory.
It's time for a drink and a bite to eat, so get both at The Wyld Dock Bar. Enjoy a Frozen Pain Killer or homemade sangria at a table overlooking the marsh. If you're hungry, enjoy some scallop corn fritters, crab chowder, or steamed banana leaf fish tacos. Eat and drink, and soak in the tranquility. Or, if you're feeling a sudden burst of energy, join in on one of the corn hole games held out front.
After returning from your day exploring, and resting up at your home a bit, enjoy an evening walk through town. Head out for a wander with a to-go cup with your beverage of choice and find a bite. There are plenty of options: Public Kitchen, Six Pence Pub, Chive, Circa 1875, CO, 1790 ... A slice of pizza at Vinnie Van Go Go's in City Market or the famous fried calamari at Olympia Café on River Street, are both classic Savannah choices.
Late Night — A Cocktail At Alley Cat Lounge
If you try to look up Alley Cat's address, Google will tell you that it's located at 207 West Broughton Street; don't fall for that. Instead, head down Barnard Street and duck down the lane right before the First Chatham Bank, and look for the door topped by the black awning — that's the entrance. From classic cocktails, to beer, and small batch spirits to non alcoholic concoctions, Alley Cat has something for everyone.
Morning at the Farmers Market
In the morning, head back over to Forsyth Park for the Forsyth Farmers Market, featuring vendors from all over the Lowcountry selling a variety of produce, meats, dairy, and homemade goods. Sample some cheese from Bootleg Farms or some Sweet and Spicy Pecans from Clark and Sons Organics. Treat yourself to a tasty breakfast at the market: a homemade danish from Gottlieb's and a bottled cold brew from Perc.
Historic District Shopping and Museums
View this post on Instagram
After breakfast, spend the morning the walking around Downtown. Do a bit of shopping in the Downtown Design District, not missing Custard Boutique and PW Short General Store. Then head north to Telfair Square. This square is home to two of Savannah's most popular museums. The Jepson Center is home to exhibitions of classic and modern art and is ideal for those looking to set their own pace on a tour. It also offers educational programs and workshops for adults and children.
The Telfair Academy is a stately two-story mansion, designed by William Jay in the Neoclassical Regency style and built in 1819. It houses nineteenth- and twentieth-century American and European art from the museum's permanent collection including paintings, works on paper, sculpture, and decorative arts. Admission to the Telfair or Jepson is interchangeable and also includes the Owens Thomas House, making it a great bargain.
By now you've probably worked up an appetite, and you're in luck because The Grey Market is just around the corner. This neighborhood bodega is the newest offering the team who brought us the world-famous The Grey. The Grey Market has a full menu as well as an array of snacks and beverages. Enjoy an Egg Cream or an Ice-Cream Float, or, if you're feeling something a little stronger, grab a can of wine from the cooler.
View this post on Instagram
For a dining experience enjoyed by locals and visitors alike, reserve a table at The Collins Quarter. This Melbourne, Australia inspired café is in the very heart of the Historic Downtown District and features an Australian-influenced menu. The Collins Quarter has craft beer, wine, cocktails, and a coffee bar. Order up "The Perfect Fit," which pairs well with the Pan-Roasted Barramundi. The desserts and Collins Quarter change often and are outstanding to enjoy in the low-it evening atmosphere of the meticulously renovated historic building. If you are moe interested in sipping dessert, opt for the CQ White Russian. Trust us when we say it is the best White Russian you'll ever have. On the way home, stop by The Peregrin Rooftop Bar for a nightcap and a bird's-eye view of Downtown Savannah.
Pinkie Master's is a longtime local favorite of Savannahians. A couple years ago, ownership changed and the bar received a needed facelift and cleaning. Make no mistake, this is still the place to spot locals and all changes were subtle and for the good of the bar and its guests. Get comfortable and talk to some locals. Just bring cash as that is the only payment accepted at Pinkie Master's.
Brunch at Hush
View this post on Instagram
Before catching your flight home, have brunch at Husk Savannah. In a beautifully renovated historic home-turned-apartment-building shuttered for over a decade, Husk is known for its commitment to ingredient-driven cuisines and the menu captures the essence of Southern cooking with a modern flair. Go for a fully Southern experience and try the White Lily Biscuits with Red Eye Sausage Gravy, or the Husk Hot Fried Chicken with Grits and Shishitos. You'll be heading back home with both a full belly and a full heart.
In Savannah, we believe in a good time and in pampering ourselves. Unfortunately, in today's world, sometimes pampering can take a backseat to everything else. But that's where Wax and Wane Waxing Salon comes to the rescue. At Wax and Wane, pampering feels special, and like something that you absolutely should be doing for yourself. Wax and Wane is located in the Historic District of Savannah, on Bull Street. The salon is in one of Savannah's famed Victorian houses.
When you first walk into Wax and Wane, you are immediately and warmly greeted. These ladies have mastered the art of professionalism without sacrificing any measure of hospitality. Somehow you feel less like you are keeping any kind of appointment and instead have stopped by a friend's house for a chat. The interior is beautifully decorated with painting by owner Jena Berenburg. Even during the cold winter days, every room is warm and cozy, which, in an old Victorian home, is no small feat. And, this salon always smells so good and has the best music playing. And yet, no measure of cleanliness is sacrificed, and only the best products and tools are used for these hair removal services.
According to Jena, Wax and Wane Waxing Salon is named for the both the moon and the hair removal services that the salon provides. "Wax" refers to both the illuminating phases in the lunar cycle, as well a technique of hair removal that the salon offers. "Wane" refers to the diminishing phases of the lunar cycle, as well as the decrease in unwanted body hair, achieved through the salon's waxing services.
The estheticians at Wax and Wane Waxing Salon have an abundance of product knowledge.They also have established a variety of techniques. One of the best things about the staff at Wax and Wane is their willingness to both learn and in turn, share that knowledge with clients. No question is too trivial to ask, and the estheticians all work to make certain that their clients are clear on the service from beginning to end, including self-care and maintenance between appointments.
In addition to products related to hair removal, Wax and Wane also features a shop full of curated home and beauty items. I recommend arriving at least a half hour before an appointment, just so you have the time to look at everything. Jewelry, candles, perfume, and handbags are just a few of the items offered in the shop. Jena and her team work with artisans and small business owners all over the country to carry these items, most of which can't be found anywhere else in Savannah.
Whatever your concerns may be about hair removal, forget them. Make an appointment at Wax and Wane and discover the pure joy of pampering yourself and supporting a fantastic local business here in Savannah.
For more information, visit www.waxandwanewaxing.com
Patrick Malloy Communities recently announced their partnership with Cora Bett Thomas Realty on the new Upper East River luxury residential community. Upper East River is the single-family, luxury residential neighborhood at Eastern Wharf, a world-class, mixed-use development on the Savannah River. Eastern Wharf's $600 million mixed-use commercial community, is expected to open by Spring 2020. It includes more than 300 apartments, 40,000 square feet of dining, entertainment, service and retail space, about 80,000 square feet of Class A office space, and a 200-room boutique hotel.
Upper East River homes are located on the last piece of waterfront property along the Savannah River. In the residences of Upper East River, Architect Jeff Hamilton is reclaiming Savannah's heritage, the 18th, 19th and early 20th century architectural styles at the heart of Savannah life and lore.
"I am proud to be a part of creating and selling the ongoing history of Savannah. It's an honor to have the exceptional reputation and expertise of Patrick Malloy joining our community," said Cora Bett Thomas, CEO/Founder of the Savannah-based luxury real estate firm of the same name. "This project will bring more homes to a highly desirable area of Savannah with pedestrian-friendly access to downtown. When the project is complete, I know that it will be a vibrant addition to our beautiful city."
Five distinct but patently blended residential sectors honor the Upper East River waterside legacy with 156 homes offering singularly elegant, high-style, entirely modern living in a walkable community; from stacked-flats with concierge service to multi-level brick homes with two-car garages and most homes with elevators. The entire neighborhood has access to the Geo. Meyer House on the river with a pool, fitness center, bar and space for socializing. This maintenance free living with rooftop piazzas, classic courtyards, city squares, Savannah's famous river walk, all carefully and thoughtfully developed, is all just steps away from historic Savannah's premier shopping, dining, and entertainment.
More details about the Upper East River community are expected in early 2019. For more information Click Here.
The Blue Heron Bluff neighborhood is designed to fully embrace the beauty and low country lifestyle of living on the beautiful 100 Mile Coast. The private community boasts stunning views of both the Intercoastal Waterway and the marshlands, and these can be seen from every lot. The neighborhood consists of 12 single family lots that will feature low country architecture, and welcoming porches--perfect to enjoy the sunrise and sunsets of each day.
The single street brick paver neighborhood will be gated and will feature the future amenities of a clubhouse and pool. Elegance, grace, and beauty all perfectly describe this neighborhood. It seems nearly impossible to be able to live on the water in a custom home neighborhood where no lot has a bad view. But Blue Heron Bluff is making this possible.
The neighborhood is located on Islands Expressway and is within 5 minutes to the Historic District, 5 minutes to the Truman Parkway, 15 minutes to Tybee Island. Neighboring communities include Emerald Pointe, Causton Bluff, and The Bluff. Living in Blue Heron Bluff gives you the luxury of living on the water while still allowing you to be anywhere in Savannah within a matter of minutes.
One of the most anticipated summer events in Savannah is the Savannah Craft Brew Fest. SCBF is takes place every Labor Day weekend in the Savannah International Trade and Convention Center. Those choosing to drive over from Savannah will find ample parking on Hutchinson Island. However, those looking to leave the keys behind can easily Uber over or take the free Savannah Belles Ferry from River Street. Find out more here.
The Savannah Craft Brew Fest focuses on quality, not quantity, and to that end no alcohol is sold on the premises. Instead, attendees are allowed two ounce samples of craft beers from all over the world. Aside from pretzel necklaces, which are a huge hit with veteran SCBF attendees, no outside food is allowed into the festival.
The Savannah Craft Brew Fest has both indoor and outdoor craft beer gardens, so that you can enjoy the views of Historic Downtown Savannah and the Savannah River while sampling craft brews. With an emphasis on the education and appreciation for craft beers, the Savannah Craft Brew Festival also offers a variety of educational sessions and the Samuel Adams Brew University. The Savannah Craft Brew Festival will also have an Import Garden, Cider Garden, Mead Garden, and Mixology Garden featuring craft beer cocktails. Those looking for activities to accompany the beer sampling can enjoy a Cornhole Tournament and a Silent Disco, as well as live music.
In addition to the festival itself, local Savannah establishments such as The Crystal Beer Parlor in Savannah's West NOG neighborhood, Atlantic and Green Truck Pub will also be celebrating the Savannah Craft Brew Fest. There will be tap takeovers, featured menus and special craft beer nights turning the Savannah Craft Brew Fest into more of Savannah Craft Brew Week! Don't miss out on your chance to support local breweries, see what your favorite restaurant is offering, educate yourself about craft brews, and enjoy a great holiday weekend in Savannah.
Along the 100 Mile Coast, there is no shortage of natural beauty. Many plants, flowers, shrubs and trees native to the Southeast readily pop up on lawns and require little attention. But, if you are someone looking to exercise a little more devotion to your yard, then Herb Creek Landscape Supply is the place for you. Herb Creek is locally owned and operated, and has two locations, one in Sandfly and one in Thunderbolt. Both locations offer shrubs, plants, trees and flowers of all kinds, as well as gardening tools and accessories.
The staff at Herb Creek are highly knowledgeable of plants specific to the Lowcountry. More importantly, they understand the differences in what a resident of Historic Downtown Savannah would need in their garden, as opposed to what someone who lives on Isle of Hope might need. We recently visited Herb Creek (in Thunderbolt) to try and find out what exactly we could put in the small flower beds which line the sidewalk in front of our house.
After visiting Herb Creek and talking to Lori, we decided that barberry bushes would be perfect. Barberry bushes have vibrant red leaves, as well as spines--ideal for deterring those who may want to take shortcuts. Lori assured us that while barberry bushes can grow large in size, the ones we chose would remain smaller and would only require minimal pruning. She's right. They look great!
We still have one more, larger flower bed to fill, so a trip back to Herb Creek is coming up soon. We know that the folks at Herb Creek will help us choose some great additions. Stay tuned!
Monday - Saturday
7:30 AM - 5:30 PM
Monday - Saturday
8:00 AM - 6:00 PM
Cora Bett Thomas Realty recently announced Catherine James as a new real estate agent.In this role, she will facilitate the buying and selling process for residential clients throughout Savannah.
Originally from Long Island, New York, James left New York to raise her family in warmer weather, and spent the next 25 years soaking up sun in Florida. While in Florida, Catherine's love for coastal living grew stronger, which fueled her passion for specializing in waterfront properties.
When her daughter moved to New York City, she decided to follow up and go back to her roots in Long Island. Several years into her return, however, Catherine found herself missing the South. Being familiar with Savannah where her daughter attended college, she decided to move to the Hostess City and couldn't be happier with the decision and she currently resides in Midtown Savannah.
Catherine is licensed in Georgia, Florida, and New York and is a certified home stager.
Owning your own home is an investment as well as a big responsibility. By identifying and addressing a few routine and simple maintenance issues, you can ensure you and your family's safety, as well as save time and money on costly repairs.
Make sure to change your AC filter regularly. Better still, spend a few extra bucks and spring for quality filters that are designed to filter allergens. If you are using a smart thermostat such as Nest, the system will give you reminders when you're due to change your filter. It's also important to make sure that you keep the grate around the filter clean and as free of dust and dirt as possible.
By keeping your dryer duct clean, you not only reduce the risk of a lint fire, you can also reduce the risk of mold buildup. The U.S. Fire Administration reports that every year more than 2,900 home fires are started by clothes dryers, and the leading cause of these fires is a buildup of lint due to lack of simple maintenance on the part of the owner.
This seems like a no-brainer, right? And yet, people overlook this easy step, or either put it off for far too long, leaving dryers with lint traps that are full to the brim. An overfilled lint trap, like a clogged and dirty dryer duct, can be dangerous, not to mention a waste of energy. A lint trap that is too full prevents your dryer from working to its full capacity, which means your dryer is using more energy and costing you more money.
If your home has a wood-burning fireplace, it's a good idea to have both the fireplace and chimney inspected and cleaned by a professional. A professional will have the necessary tools for inspecting your flue and making sure that no debris or animals are in your chimney.
Regularly scheduled pressure washings will prevent grime and mildew from breaking down your home's exterior, causing you to worry less about having to replace rotted wood, chipped paint and premature aging of your home. It will also raise your home's curb appeal and can help addd value to your home.
These items are by no means a comprehensive list. But, by including these things in your maintenance routine, you can avoid possibly costly repair bills in the future and ensure a positive impact on your health, safety and wallet.
Contact Cora Bett Thomas Realty if you are looking to get your home on the market this spring.