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Good news from the mortgage industry

By Real Estate Partners LLC / November 12, 2023

I received some encouraging news the other day. Interest rates are softening up. According to, rates eased down making prices go up. This seems to be a pattern that interest rates and home prices go inversely to each other. According to Adam Black of First commercial Bank mortgage ” The mortgage rate market has…

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New Smart Buy Down payment assistance program

By Real Estate Partners LLC / October 11, 2023

This is big news for any qualified buyer who can buy a home, but just don’t have the downpayment. It’s called the Smartbuy DPA Program offered by Trustmark Mortgage. I spoke with Cheryl Birch, a Mortgage Originator with Trustmark, and got the following information: ( More information with be forthcoming, as this is a brand…

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Seller paid mortgage rate buy downs

By Real Estate Partners LLC / October 2, 2023

Seller mortgage rate buy downs can help potential buyers by making homeownership more affordable and accessible. Here’s how they work and the benefits they offer to buyers: 1. Lower Monthly Payments: Seller mortgage rate buy downs involve the seller of the property (usually the current homeowner or builder) paying some of the buyer’s mortgage interest…

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This is my home away from home!

By Real Estate Partners LLC / August 20, 2023

This is Woodscape and Wild Oak of Oakfield. My home away from home. We build during the week and have open houses on the weekend!

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Luxury Vinyl Plank Flooring

By Real Estate Partners LLC / June 25, 2023

This relatively new type of flooring has taken the market by storm! In new construction, first time home buyer homes up into the luxury dream home market. Everybody is familiar with this product, but there are a few facts that may not be known to all people. LVP is made primarily of PVC or Polyvinyl…

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We’re in a “Normal” market now! Thank Goodness!

By Real Estate Partners LLC / January 21, 2023

I’m happy to report that our market, at least in our area of central Mississippi, has somewhat normalized. The “Bidding wars” for the most part are gone. Inventory is still ow, but slowly rising. Multiple buyers don’t have to compete for the same home. Interest rates have stabilized around 6.5% or therabouts. I was reading…

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Buying time!

By Real Estate Partners LLC / December 30, 2022

2023 is here! The Holidays are over and interest rates are very favorable again. Inventory is up slightly, but, in most cases, the bidding wars are gone. We’re back to a normal market and couldn’t be more thankful for that! The inventory of new construction homes is still way below normal, but we’re working hard…

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Get ready for brutal cold weather in our part of the country

By Real Estate Partners LLC / December 23, 2022

I’ve gotten several calls this morning from people with frozen pipes. I thought that I would tell all of those who don’t know about this in this frigid weather. In Mississippi, we’re not used to this sort of thing and are not prepared. What most people don’t know is that it is not enough to…

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Woodscape Phase 4

By Real Estate Partners LLC / December 22, 2022
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A new look at interest rates

By Real Estate Partners LLC / December 9, 2022

I saw some revealing information from Fairway Mortgage on a video today. Our 30 year conventional rates are now floating around the 6.5% range. The only times in recent history(Since the ’70s) that they have been lower was during the crash of 2008 (Brought on by crazy lending practices and an over supply of inventory)…

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