New Rules for Buying a Home in 2024
For most of 2023, homebuyers were faced with a tough market of high interest rates and steep home prices. We are hopeful for a better buying season and realtor.com offers some “old rules” that should no longer apply to homebuyers in 2024.
Best Selling Advice for 2024
The housing market was not a level playing field in 2023. Some sellers felt “locked-in” to their low mortgage interest rates and some sellers felt they could sell their home for a high price, but would not be able to afford to buy another home. 2024 is predicted to offer a better market for both buyers and sellers. This realtor.com article shares the 6 best articles of advice and tips for sellers in 2023 that could help sellers in 2024.
Best Homebuying Advice for 2024
2023 was a tough year for homebuyers. Mortgage rates hit highs not seen in 22 years, home prices remained high and inventory was low. 2024 is looking to be the year for the homebuyer. This realtor.com article shares 6 of their most popular advice pieces, tips and takeaways for homebuyers in 2024.
Neighborhood Philanthropy: LOU Mercy Re-Entry Ministries
Oxford is host to some wonderful non-profit organizations that provide for our community in so many ways. We want to provide a glimpse of these organizations each month. According to the U.S. Department of Justice-Bureau of Justice Statistics, Mississippi has an incarceration rate at or above 650 per 100,000 residents. Mississippi is second only to Louisiana in incarceration rates. LOU Mercy Re-Entry Ministries was created to help the newly released (6 months or less) Lafayette county ex-offenders gradually rebuild their ties to the community, secure housing and transition to becoming productive citizens.
Homestead Exemption – Why File?
Homestead Exemption gives home owners a tax break in the state of Mississippi. You can only file homestead on one property, your main residence, and you must file January 2-April 1 in the Lafayette county Chancery building (the Assessor/Tax Collector’s Office).
Neighborhood Business Highlight: BossLady Detailing
We all love a clean vehicle. Many of us enjoy driving our cars through the carwash, but what if the carwash came to you? LaTasha Gillard wanted to bring a more personal touch to car washing and detailing, so she opened BossLady Detailing in September of 2022.
Pandemic Trends That Are Here to Stay
During the height of the Covid pandemic, everyone was looking for more space (a larger home with more land, a home office, a home gym and more outdoor spaces to hang with friends). Many of those trends are still going strong. Let’s take a look at this realtor.com article that shares the pandemic trends that are here to stay and those that are over.
Happy New Year!
Happy New Year!! We look forward to serving you in 2024 and cannot thank you enough for helping to make 2023 such a wonderful year. Cheers to 2024!
5 Reasons to Buy a Home Now (Even with High Interest Rates)
Today’s high interest rates have many home buyers pressing pause on their home search. Let’s look at this realtor.com article and its 5 reasons to buy a home now despite the high interest rates.
Season’s Greetings!
What a wonderful year for us at Neighborhood Realty. We hope you all have a very Merry Christmas and a Happy Holiday Season!
How To Winterize Your Home
Every season creates specific concerns when it comes to home maintenance. Thanks to this Southern Living article, let’s discuss the winter season and what you should do to prepare your home for the cold temperatures.
Neighborhood Business Highlight: Kingswood Restaurant
The Oliver Hotel, formerly The Chancellor’s House, decided to rebrand and rejuvenate with a beautiful renovation this past summer. Over the past decade, the management company, Oliver Hospitality, has grown rapidly across the country. From the Sierras in South Lake, Tahoe to Atlanta, Georgia to Knoxville, Tennessee and now Oxford, the brand represents a culture of great service and a wide range of food and beverage options. The Oliver Hotel is host to Oxford’s newest restaurant, Kingswood.
The Holidays in Oxford 2023 Continue
The holidays are still in full swing in Oxford! Neighborhood Realty is happy to provide a list of what's going on this Holiday Season in the Oxford area.
The 3 Most Dreaded Holiday-Related Mishaps
With colder temperatures here and Christmas around the corner, we look to this realtor.com article about the three mishaps that COULD happen and how to avoid them from happening!
Neighborhood Philanthropy: Rotary Club of Oxford & The Christmas Store
Oxford is host to some wonderful non-profit organizations that provide for our community in so many ways. We want to provide a glimpse of these organizations each month. Since 1975, the Christmas Store has been giving toys, books and fruit to Oxford and Lafayette county children. The store began collaborating with the Rotary Club of Oxford-Ole Miss in 2008 and is now working with the Rotary Club of Oxford.
Holidays in Oxford 2023
From Holly Jolly Holidays to Visits with Santa to Ole Miss Holiday concerts to YAC's Annual Ornament Auction, you are sure to find plenty to do in Oxford during the Holiday season! Neighborhood Realty is happy to provide a list of what's going on this Holiday Season in the Oxford area.
What is a 1031 Exchange?
Real estate investors know the term 1031 exchange very well, but those new to purchasing real estate investment properties often have questions. Check out this realtor.com article that breaks down exactly what a 1031 exchange is and how it’s helpful for investors.
The Ford Center’s Holiday Village 2023
The Gertrude C. Ford Center for the Performing Arts on the Ole Miss campus offers its Holiday Village again this year. With Thanksgiving break upon us, why not sign up to create a gingerbread house with your family to be showcased this year! Read more to sign up and learn more about the 2023 village.
Holly Jolly Holidays 2023
The 4th annual Holly Jolly Holidays is making its return to Oxford this winter, capturing the spirit of the season with festive experiences that include visits with Santa, ice skating and a newly launched Peppermint Trail. To kick off the festivities, Visit Oxford is bringing the 4,000-square-foot ice-skating rink back for an extended time from November 18, 2023, through January 7, 2024.
Neighborhood Business Highlight: Circle & Square Brewing Company
Mississippi state law changed July 1, 2021, by providing a provision for a microbrewery to exist in the state. A group of four friends jumped to make the first Oxford microbrewery, Circle & Square Brewing Company, happen in Oxford. Sumner Abraham shared, “Once this law passed, we assembled our team and got to work. This has been an 18 month project of ensuring compliance with all applicable laws while setting up a structure that can be sustainable for decades to come. We felt Oxford, as a community, could benefit from having its own microbrewery and we are proud to be Oxford's first microbrewery. Our hope is that anytime anyone comes to town, we can deliver a high quality product that reflects how special of a community we get to call home.”