Real Estate in Savannah
Penny Rafferty
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Blog Archives

3 Tips for Making Your Dream of Owning a Home a Reality

3 Tips for Making Your Dream of Owning a Home a Reality [INFOGRAPHIC] Some Highlights: Setting up an automatic savings plan that saves a small amount of every check is one of the best ways to save without thinking much about it. Living within a budget right now will help you save money for down […]

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This Just In: Data Says May is the Best Month to Sell Your Home

This Just In: Data Says May is the Best Month to Sell Your Home According to a newly released study by ATTOM Data Solutions, selling your home in the month of May will net you an average of 5.9% above estimated market value for your home. For the study, ATTOM performed an “analysis of 14.7 million home sales from 2011 to 2017” and […]

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4 Reasons Why Today’s Housing Market is NOT 2006 All Over Again

4 Reasons Why Today’s Housing Market is NOT 2006 All Over Again With home prices rising again this year, some are concerned that we may be repeating the 2006 housing bubble that caused families so much pain when it collapsed. Today’s market is quite different than the bubble market of twelve years ago. There are […]

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What If I Wait Until Next Year to Buy a Home?

We recently shared that national home prices have increased by 6.7% year-over-year. Over that same time period, interest rates have remained historically low which has allowed many buyers to enter the market. As a seller, you will likely be most concerned about ‘short-term price’ – where home values are headed over the next six months. As a buyer, however, […]

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50% of Homes Sold in 30 Days in March

Some Highlights: The National Association of REALTORS® recently surveyed their members for their Confidence Index. The REALTORS® Confidence Index is a key indicator of housing market strength based on a monthly survey sent to over 50,000 real estate practitioners. Practitioners are asked about their expectations for home sales, prices and market conditions. Homes sold in less than 60 days in […]

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Why Home Prices Are Increasing

There are many unsubstantiated theories as to why home values are continuing to increase. From those who are worried that lending standards are again becoming too lenient (data shows this is untrue), to those who are concerned that prices are again approaching boom peaks because of “irrational exuberance” (this is also untrue as prices are not at peak levels when they […]

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Be Thankful You Don’t Have to Pay Your Parents’ Interest Rate!

Interest rates hovered around 4% for the majority of 2017, which gave many buyers relief from rising home prices and helped with affordability. In the first quarter of 2018, rates have increased from 3.95% up to 4.45% and experts predict that rates will increase even more by the end of the year. The rate you […]

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NOT Owning Your Home Can Cost You a Lot of Money!

Owning a home has great financial benefits, yet many continue to rent! Today, let’s look at the financial reasons why owning a home of your own has been a part of the American Dream for as long as America has existed. Realtor.com recently reported that: “Buying remains the more attractive option in the long term – that remains […]

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The Cost of Renting vs. Buying Today

Some Highlights: Historically, the choice between renting or buying a home has been a tough decision. Looking at the percentage of income needed to rent a median-priced home today (28.9%) vs. the percentage needed to buy a median-priced home (15.7%), the choice becomes obvious. Every market is different. Before you renew your lease again, find out if […]

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5 Reasons Why to Sell This Spring!

Here are five reasons listing your home for sale this spring makes sense. 1. Demand Is Strong The latest Buyer Traffic Report from the National Association of Realtors (NAR) shows that buyer demand remains very strong throughout the vast majority of the country. These buyers are ready, willing and able to purchase…and are in the market right now! More […]

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  • Reviews

    5alisha goldbach

    Penny took the time to find out what it was that we really wanted in a house. She then planned out showings to best suit our needs (and the attention span of our 5 year old!).

    During one of our weekend adventures to see houses, my car overheated and needed... (more)

    5user1311858

    Penny did a phenomenal job listing and marketing our home to get it sold quickly. We had multiple offers and were under contract with a full price offer in less than a week! The whole process went smoothly because of her organization and attention to detail.... (more)

    5beths31671

    The absolute best in Savannah! Found a new house (with Penny) and under contract with my current house (Penny!). Not new to the buying process, but new to the crazy regulations. Penny is AMAZING! Really...beyond thankful for her! Have never had someone... (more)

    Review Penny Rafferty on Zillow.com

  • Reviews

    5alisha goldbach

    Penny took the time to find out what it was that we really wanted in a house. She then planned out showings to best suit our needs (and the attention span of our 5 year old!).

    During one of our weekend adventures to see houses, my car overheated and needed... (more)

    5user1311858

    Penny did a phenomenal job listing and marketing our home to get it sold quickly. We had multiple offers and were under contract with a full price offer in less than a week! The whole process went smoothly because of her organization and attention to detail.... (more)

    5beths31671

    The absolute best in Savannah! Found a new house (with Penny) and under contract with my current house (Penny!). Not new to the buying process, but new to the crazy regulations. Penny is AMAZING! Really...beyond thankful for her! Have never had someone... (more)

    Review Penny Rafferty on Zillow.com