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So far Brian Carpenter has created 84 blog entries.
27 09, 2017

Residential market comparison

By |2020-02-19T10:54:33-06:00September 27th, 2017|Oxford property sold|0 Comments

Sales prices of Oxford, MS homes continue to increase as the population continues to grow. Statistics for Oxford, MS residential market Here is some helpful research data for Oxford buyers, sellers, and property owners. Presented are the Lafayette County and Oxford, MS residential market sales for January - August 2016 and January - August 2017. In addition, it is important to note that the residential market sales include condo/townhouse sales statistics as well. Due to the number of condo/townhouse sales, statistics are likely skewed to this property type. Likewise, the residential market sales are requiring [...]

22 08, 2017

More Oxford housing inventory needed

By |2020-02-19T10:54:38-06:00August 22nd, 2017|Building, Investment|0 Comments

Shortage of University of Mississippi housing has lead to more off-campus real estate developments. Homes for sale in Oxford MS are driven by three primary factors. With regard to signs of local market strength, many builders are not able to satisfy the housing demand in Oxford. One of the best indicators for increasing growth is the number of new building permits. See this data indicating less units sold in 2017. You can read more about the Oxford housing market statistics in 2017. 3 factors will continue to increase demand for homes for sale in [...]

16 08, 2017

The 5 worst mistakes that Oxford homebuyers make

By |2020-02-19T10:54:44-06:00August 16th, 2017|Home Buyers, Projects|0 Comments

Check out these real-life homebuyers mistakes to prevent falling into the same traps in Oxford MS real estate. 1. Spending too much money on a wedding or event Millennials are proven to spend large amounts of money on bachelorette and bachelor excursions that can rival the cost of many honeymoons. Many of these excursions are exceeding $1000 and costing you and your best friends at the opportunity of making a down payment to make your new married life better. 2. Buying too large of a home in the Oxford MS real estate market Many expecting parents [...]

14 08, 2017

Is it a good time to sell real estate in Oxford

By |2020-02-19T10:54:49-06:00August 14th, 2017|Homeowners, Oxford Homes For Sale, Oxford MS Condos for Sale, Oxford property sold, Selling Your Home|0 Comments

Can renters afford to give the key back to landlord and buy real estate in Oxford? A 2017 poll for National Association of Realtors® indicates that 71% of homeowners believe that it is a good time to sell. The trend has increased over the course of the year. Here are the current market trends of real estate in Oxford and Lafayette County. Real Estate in Oxford For buyers looking in Oxford, there is low condo inventory. Consequently, many buyers are forced to pay more for properties to beat out the competition. The strength of the seller [...]

8 08, 2017

Buying your first house in Oxford as a 20-something

By |2018-06-26T15:47:02-05:00August 8th, 2017|Home Buyers|0 Comments

Discussing property in Oxford MS A house means so much more than just a house How many times have you heard that phrase? A property is your investment. If you visit often, then you will have memories associated with the property. It becomes your future lifestyle. For current homeowners, many people will reflect on the effort to save for a house in terms of a down payment. Buying a property in Oxford MS for now instead of the future Buying a property needs to be solely focused on the financial resources currently at your [...]

7 08, 2017

Drones are changing the way people search for Oxford homes

By |2020-02-19T10:54:55-06:00August 7th, 2017|Homeowners, Selling Your Home|0 Comments

Oxford property listings may start featuring drone footage to help sell a lifestyle Drones perform gradual climbs, rising over the roof line to show wear and then, fly over a backyard with a pool. Drone video has shown increased use in single-family real estate by creating eye-catching visuals of the outdoor spaces of Oxford property listings. Aerial images lead to greater home sales The MLS (Multiple Listing Service) reports that homes with aerial footage sell up to 68% quicker than those properties listed with standard photographs. Among the luxury home and acreage Oxford property listings, this [...]

4 08, 2017

Staging my Oxford condo

By |2020-02-19T10:55:00-06:00August 4th, 2017|Homeowners, Oxford MS Condos for Sale, Selling Your Home|0 Comments

Oxford condo staging leads to quicker sales One of the keys to selling your Oxford home fast is staging the property. Take a look on the Oxford properties on the MLS. One thing that you will notice in common with the great listing photos is that the staged homes are more welcoming. Likewise, staging invites the home buyer to imagine the lifestyle that could be possible if he or she lived there. Oxford home buyers want to know how they may live in the space Walking into a barren room can confuse some home buyers who [...]

3 08, 2017

Mortgage rates fall in 2017

By |2018-07-05T09:51:51-05:00August 3rd, 2017|News|0 Comments

Alert residential real estate buyers in Oxford! More positive news for residential real estate buyers in Oxford! The National Association of Realtors Pending Home Sales Index, an indicator of housing demand, fell 0.8% in May for the third consecutive decline. Economists are speculating that interest rates are unlikely to rebound to pre-election highs of 4.3% amidst concerns of the new administration triggering more economic growth. Mortgage rate trends to 10-year T-bill Mortgage rates tend to follow the 10-year Treasury yields. For this reason, mortgage rates will increase if investors are expecting short-term interest rates to rise due [...]

1 08, 2017

Buy a condo in Oxford from afar

By |2018-06-24T08:12:57-05:00August 1st, 2017|Home Buyers, Investment|0 Comments

Searching for a condo in Oxford has never been easier! Virtual tours and electronic signature paperwork has made viewing and offering a breeze. Searching for a condo in Oxford is not without its difficulties, but it's not impossible. Actually, modern technology has made much of the home buying process as close to physical engagement as possible. To find a condo in Oxford before someone else does, get an agent! You will need an agent to keep you posted on new listings that fit your purchasing profile as they come to market. While you can try [...]

27 06, 2017

Oxford, MS & Lafayette Co Housing Market Oct 2016 – March 2017

By |2020-02-19T10:55:05-06:00June 27th, 2017|Property Value|0 Comments

Housing Market Data Presented here is housing market data for Oxford buyers, sellers, and property owners. Are you thinking about buying in Oxford, MS in 2017? Start your Oxford, MS residential market and land property search here. At this time, here are some housing market numbers for the greater Oxford area and Lafayette County. During 2016, there were 555 total sales of residential and townhouse/condo combined within Oxford with values ranging from $15,000 - $2,195,000 and an average price of $288,100 with a median price of $229,000. At this time, property values are showing an average growth [...]

17 04, 2017

Upgrades to your condo for a tight budget

By |2020-02-19T10:55:27-06:00April 17th, 2017|Oxford MS Condos for Sale, Projects, Property Value|0 Comments

Upgrades to your Oxford MS condo before listing As a seller, you need to think about the function of your condo before listing. Selecting upgrades and repairs should focus on making the living space easier, rather than personalize the space. Before you begin, take some time to recognize and avoid these issues when selling your home. Here are some ideas to make your condo show well. Repair the obvious functional flaws. A homeowner will recognize many repairs as obvious fixes. The repairs should be performed by someone reasonably skilled in handyman-type of repairs. These items include, but are [...]

3 04, 2017

Selling your Oxford home in the Spring

By |2018-07-05T09:49:44-05:00April 3rd, 2017|Oxford Homes For Sale, Oxford MS Condos for Sale, Selling Your Home|0 Comments

The floral landscaping during the late Spring are very inviting to selling your Oxford home by adding curb appeal. Late April and May bring a lot of tourism to Oxford Spring in Oxford is full of events that bring a lot of tourism. The Double Decker Arts Festival, Ole Miss baseball, and graduation bring tens of thousands to Oxford for the entire weekend. For those considering a home in Oxford, this can be a great time to have your house listed, so potential buyers can drive by your property while in town or even search [...]

30 03, 2017

Sell your Oxford home by appealing to the Millennials

By |2018-06-24T08:15:00-05:00March 30th, 2017|Selling Your Home|0 Comments

If you’re a Baby Boomer selling a long-time family home, you need to get in the mindset of your not-so-distant youth and think of desirable property traits when you were looking for your first home. Sell your Oxford home by understanding the features Millennials are seeking A grand home with lots of land may not be the best fit for a young, first-time home buyer. Millennials want a smaller space to maintain. As the home is larger, it will require more work to maintain. Young, first-time buyers like the easy life. This will also [...]

28 03, 2017

MS first-time home buyer savings account signed into law

By |2020-02-19T10:55:33-06:00March 28th, 2017|Lending|0 Comments

New Mississippi law provides a first-time home buyer account to provide aid to the purchase of a new property. Mississippi is helping lead the way to home ownership for first-time home buyer Gov. Phil Bryant on March 22 signed HB 1601 into law after unanimously passing the House and passing the Senate 51-1. The Mississippi law will establish a First-Time Home Buyer Savings Account. This new law will create savings accounts for down payments or other home purchase related expenses for Mississippians. Mississippi is now one of only four states to have a First-Time Home Buyer [...]

27 03, 2017

Photos are your home’s first showing

By |2020-02-19T10:55:45-06:00March 27th, 2017|Oxford Homes For Sale, Oxford MS Condos for Sale, Selling Your Home|0 Comments

Quality pictures of the listing make the spaces feel inviting and let the mind wonder. What would it feel like to live there? Listing your Oxford MS condo Before listing your Oxford MS condo, you should prepare the property for quality pictures. Pictures help homebuyers decide to view your home in person. For second home buyers, many people will be viewing your condo from afar. So the photos will ultimately make buyers want to come to Oxford to view the home or even, put an offer on the property without viewing it in person. [...]

24 03, 2017

Earn Tax Benefits from Owning a Second Home in Oxford

By |2020-02-19T10:55:49-06:00March 24th, 2017|Home Buyers, Investment, Oxford Homes For Sale, Oxford MS Condos for Sale|0 Comments

Among the second home ownership perks aside from visiting Oxford for events, footballs games, or spending time with family and friends, there are a lot of tax benefits to owning a second home in Oxford. Here are the ways to prosper with your second home purchase. Mortgage interest That's right! You can write off 100% of the interest paid on the mortgage of your second home up to $1 M of debt. This includes total debt taken for all properties. Home improvements Is your owning a second home in Oxford in need of repairs? Make repairs, deduct [...]

23 03, 2017

5 Predictions for Renters and Home Buyers around Oxford

By |2018-06-24T18:00:05-05:00March 23rd, 2017|News|0 Comments

Oxford MS housing market predictions Without a doubt, 2017 is showing the real estate market in Oxford is very strong. If the property is priced right, I've seen homes sold in less than 1 day. For some time, there has been a short supply of housing inventory and the response has been to build more. For renters, they have seen prices steadily rise as well. Some national trends such as interest rates will affect the Oxford market though their impact is uncertain. Here is Kiamie Real Estate's Oxford MS housing market predictions for 2017: Rents will [...]

22 03, 2017

When Selling a your House, Neighbors can help or hurt your sale

By |2018-06-26T15:55:32-05:00March 22nd, 2017|Property Value|0 Comments

Over ten years ago, I met my broker, A.J. Kiamie. He came to see the available for sale next door to my house. Neither one of us were in residential real estate at the time. Yet, I made my first sale. Eager to get a neighbor, I greeted him in the driveway and spoke very highly of the current owner and neighbors, the development, and the house for sale. I also promised to wash his truck if he bought the house. A few weeks later, he moved in the house. Flash forward to now, we run a [...]

21 03, 2017

Mississippi First-Time Home Buyer Savings Account

By |2020-02-19T10:55:55-06:00March 21st, 2017|News|0 Comments

Some first-time home buyers may have additional financing options if HB 1601 passes. First-time home buyers rejoice! Good news for first-time home buyers looking for homes in Oxford and throughout Mississippi! The Senate Finance Committee has passed HB 1601. The Mississippi legislature proposes to create first-time home buyer savings accounts for Mississippians. The First-Time Home Buyer Savings Accounts can be used for saving funds for the purchase of homes by first-time home buyers. Consequently, the first-time home buyer can only access the funds in the account for the down payment and closing costs for [...]

20 03, 2017

Should I Buy Down the Mortgage after Fed Rate Hikes

By |2018-06-26T16:00:49-05:00March 20th, 2017|News|0 Comments

Choosing to buy down the mortgage is never an awful idea, but is it the best use of your money? While we are still in the first quarter, national mortgage rates are up 0.5%. With any increase in mortgage rates, one must wonder if the time is right to buy the mortgage rate on your new loan down to control your monthly mortgage costs. Meanwhile, mortgage rates will rise as the Fed's economic outlook becomes more optimistic. How it works Buying down your mortgage also known as paying points is the method used to [...]

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