BJ Conner's Monthly Newsletter
January 2018  

 

Happy New Year!

I wish you a healthy, prosperous and happy 2018.

Remember, I am here to help with all of your real estate needs.

Just give me a call at 501-915-2297 or email me at  [email protected].

BJ



Existing Home Sales Reach Highest Annual Pace in 11 Years


Some Highlights:
  • Existing home sales are currently at an annual pace of 5.81 million, the highest pace since December 2006.
  • The inventory of existing homes for sale has dropped year-over-year for the last 30 consecutive months and is now at a 3.4-month supply.
  • NAR's Chief Economist Lawrence Yun had this to say: "Faster economic growth in recent quarters, the booming stock market and continuous job gains are fueling substantial demand for buying a home as 2017 comes to an end."
The information contained, and the opinions expressed, in this article are not intended to be construed as investment advice. Keeping Current Matters, Inc. does not guarantee or warrant the accuracy or completeness of the information or opinions contained herein. Nothing herein should be construed as investment advice. You should always conduct your own research and due diligence and obtain professional advice before making any investment decision. Keeping Current Matters, Inc. will not be liable for any loss or damage caused by your reliance on the information or opinions contained herein.
We believe every family should feel confident when buying and selling a home.


5 Reasons to Sell This Winter!
 
5 Reasons to Sell This Winter! | MyKCM

Here are five reasons listing your home for sale this winter 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 often than not, multiple buyers are competing with each other to buy a home.

Take advantage of the buyer activity currently in the market.

2. There Is Less Competition Now

Housing inventory is still under the 6-month supply that is needed for a normal housing market. This means that, in the majority of the country, there are not enough homes for sale to satisfy the number of buyers in the market. This is good news for homeowners who have gained equity as their home values have increased. However, additional inventory could be coming to the market soon.

Historically, the average number of years a homeowner stayed in their home was six, but has hovered between nine and ten years since 2011. There is a pent-up desire for many homeowners to move, as they were unable to sell over the last few years because of a negative equity situation. As home values continue to appreciate, more and more homeowners will be given the freedom to move.

The choices buyers have will continue to increase. Don't wait until this other inventory comes to market before you decide to sell.

3. The Process Will Be Quicker

Today's competitive environment has forced buyers to do all they can to stand out from the crowd, including getting pre-approved for their mortgage financing. This makes the entire selling process much faster and much simpler as buyers know exactly what they can afford before home shopping. According to Ellie Mae's latest Origination Insights Report, the time to close a loan has dropped to 44 days, after seeing a 12-month high of 48 days in January.

4. There Will Never Be a Better Time to Move Up

If your next move will be into a premium or luxury home, now is the time to move up! The inventory of homes for sale at these higher price ranges has forced these markets into a buyer's market. This means that if you are planning on selling a starter or trade-up home, your home will sell quickly, AND you'll be able to find a premium home to call your own!

Prices are projected to appreciate by 4.7% over the next year according to CoreLogic. If you are moving to a higher-priced home, it will wind up costing you more in raw dollars (both in down payment and mortgage payment) if you wait.

5. It's Time to Move on With Your Life

Look at the reason you decided to sell in the first place and determine whether it is worth waiting. Is money more important than being with family? Is money more important than your health? Is money more important than having the freedom to go on with your life the way you think you should?

Only you know the answers to the questions above. You have the power to take control of the situation by putting your home on the market. Perhaps the time has come for you and your family to move on and start living the life you desire. 



Magellan Golf Course

RE /MAX of Hot Springs Village 
presents...

Hot Springs Village. It's a great place to live.

"Escape to the Ouachitas" is a resource to learn more about all that Hot Springs Village and the Ouachita Region have to offer. From our nine world-class golf courses and more than 30 miles of trails, to 11 beautiful lakes and various sporting clubs, we think you'll find something that appeals to you. Our residents are an eclectic bunch, hailing from across the country and around the world.

Visit Hot Springs Village once and we think you'll want to stay for a lifetime.

Click on the image above to begin your Ouachita Adventure. Stop by our office to pick up a copy today.
Community Events

Friends and neighbors get together throughout the year for community events and holiday celebrations including dances, karaoke, Rock Porch sessions, Farm-to-Table events, and more. The Woodlands Auditorium is the performing arts center and has musicals, dramas, and dance, vocal and choral presentations. Way Point at DeSoto Marina is home to Basecamp and the setting for events such as Rock Porch sessions, Crawfish boils and more. Grove Park is an outdoor venue and home to the farmers' market, artisan market, live outdoor concerts, holiday celebrations and community events. 
 
Check out the event calendar or buy tickets by clicking the image. 
Dec 2017/Jan 2018
Hot Springs Village Homes Magazine The RE /MAX Collection

Click the magazine picture to view the latest Hot Springs Village Homes Magazine.
 
The Ouachita Mountain area's natural beauty: Breathtaking vistas, blossoming forest and gleaming lakes, combined with its mild climate, reasonable property taxes and low cost of living make it the perfect place to call home. 
 
Available real estate spans from very affordable to affluent, with homes priced from under $100,000 to over $1 million. The variety of homes ranges from golf-front to lake-front, mountain-view or wooded. RE/MAX offers an assortment of quality property lots for sale, commercial real estate and long-term rental properties too. 
 

Check out my Featured Listings for this month below
Email to schedule a private tour or learn more about these great properties.
MLS # 16005621

 4 Bd., 3Ba.,  4,464 Sq. ft.

$449,000
194 Empinado Way

French country dream home! Professionally designed colors & window treatments, beautiful exposed beams in living & kitchen areas, 4 fireplaces, master suite on main level, guest suite & office upstairs, guest suite, wet bar, game room, downstairs! Custom features throughout! Gourmet kitchen with upscale appliance package, new roof, Bennett bros. Landscape, underground fence, lovely wooded area with fall and winter mountain/lake view! 

Link to Listing
MLS # 17002159

4 Bd., 4  Ba., 3,119  Sq. ft. 

$389,500
47 Coronado Lane

Nestled among the trees is this gorgeous Lake Coronado home with all the splendor and beauty you would expect.  It has been completely updated from top to bottom.  You will appreciate the many details and craftsmanship in this two level home located on this very private .50 acre lot with many stone walkways and extensive landscaping offering the buyer of this home a fantastic retreat.  Privacy, Lake views media room, two fire places, three decks, brand new boat dock with lift, updated kitchen with Silestone counters and pull outs, hand cut teak and wood, workshop,  are just a few of the many amenities. Must see to appreciate.


MLS # 17032443

4 Bd., 3 Ba.,  3,000 Sq. ft.

$319,900
1 Montanoso Circle

You will have your own private, secluded hideaway with a fantastic birds-eye view of Lake Coronado with this 3,000 square foot home built in 1998. Low maintenance yard and brick & vinyl exterior add to this 4-bedroom, 3-bath home that has fresh paint, new carpet, upgraded kitchen with granite counter tops, pull outs and new roof in 2017. It offers split bedrooms, volume ceiling separate dining room, breakfast room & bar. Three bedrooms on main floor, three decks, great workshop all on over 1 acre of land.

Link to Listing
MLS # 15026231

3 Bd., 3 Ba.,  2,868 Sq. ft.

$314,900
60 Loyola Drive

Beautiful one level Diamante Golf Course Home built in 2003, located on the 18th tee with fantastic views of #17 Pond and Fountain offering lots of privacy. This home has almost everything including granite counter tops, tile floors, formal Dining Room, Breakfast Room, Two family rooms, study, wet bar, three car garage, sunroom (recently added) and includes split bedrooms, fantastic kitchen, volume ceilings, situated on a 3/4 acre lot.

Link to Listing

MLS # 17029165

3 Bd., 2.5 Ba.,  3,086 Sq. ft.

$284,000
27 Loyola Drive

Enjoy wonderful outdoor space & unlimited golf with this 3086 sf home located on #11 Fairway of Diamante Golf Course-covered & uncovered patio & hottub for those cool nights. Volume Ceilings, Split Bedrooms, skylight, kitchen island, built-in cabinets & two built-in desks with pullouts, huge master bedroom plus a bonus room upstairs, 3-car garage,with common property on both sides for added privacy. Zoned heat, workshop, new roof-2009, new HVAC-2013 & new leaf guards in 2017 makes this a perfect retreat.

Link to Listing
MLS # 

3 Bd., 3  Ba., 1,846  Sq. ft.

 $249,500
30 Maravilla Way

Enjoy every day in this  one-level Isabella Golf Course home with its 3-car garage, 3-BR, 3-BA, split Bedrooms, no carpet anywhere, huge deck overlooking #3 of Santa Maria with northern exposure, Pella windows, Volume Ceilings, circle drive and a buried 500 gallon propane tank for your fire place, BBQ grill and gas cook top. 

MLS # 

3 Bd., 2.5  Ba., 2,449  Sq. ft. 

$184,900
27 Realeza Court

No more day dreaming about living on the golf course with this great home! Enjoy Country Club living at its best with this wonderful -2449 SF home on the 14th Fairway of Diamante. Sitting high with a view of the fairway and green, the screened-in porch will be one of your favorite places to enjoy. Home includes family room, hearth room, see-through fire place, vaulted ceilings. Current dues are $550 per month & Association Fee of $83 per month takes care of all the landscaping.

MLS #

 3 Bd., 2  Ba., 1,819  Sq. ft.

 $174,900
18 Lanza Court

Built in 1997 - Come live in this beautiful move-in ready townhome with two-car garage, Formal Dining Room, Breakfast Room, Utility Room, and fantastic covered back deck overlooking Arkansas's Natural Beauty, all located in the 26,000 Acre Gated Community just minutes from the Fitness Center. New Roof, New Double Oven, New Micro Wave, New Water Heater and Newer HVAC.  You will enjoy stress-free living in this townhome community with landscaping done for you and you will also enjoy have great privacy located at the end of a cul-de-sac with walking path to Fitness Center just a stone's throw away.

Community Calendar

Check out the Hot Springs Village Community Calendar (click on the image)  
Outdoor Adventure

Hot Springs Village Basecamp is your launching point to outdoor adventure. 
 
If you enjoy life outside, you'll want to be part of Basecamp. Keep an eye on the calendar and Facebook announcing upcoming events, local activities and road trips. Then, grab your gear and get ready to enjoy the great outdoors!

Sporting Traditions

The Ouachita Rod & Gun Club is focused on bringing folks together to celebrate sporting traditions. We believe in good fun, food and fellowship in the great outdoors. It doesn't matter if you are seasoned by years in the outdoors or just want to meet some new friends. There is a place for you in the Ouachita Rod & Gun Club.
Mortgage Calculator

There are two types of mortgages popular in Arkansas. Fixed-rate mortgages, or FRMs, are those that include principle and interest in the monthly payment amount and are stable throughout the life of the loan, and adjustable-rate mortgages, or ARMs, are loans that include principle and interest that change periodically throughout the life of the loan. Both FRMs and ARMs are available in 10, 15, 20, 30, and even some 40 year increments, and can be either first mortgages, second mortgages, or refinance options.
 
Click on the image above to connect to the Mortgage Calculator and learn more about mortgages in Arkansas.
State Weeks

The Hot Springs Village State Weeks promotion allows guests from across the country to enjoy our amenities at reduced rates during their state week. 

While here, discover all that Hot Springs Village has to offer; schedule a community tour with me!

Check out the State Week calendar by clicking the USA image.

remax

Visit our RE/MAX of Hot Springs Village office conveniently located at
1400 DeSoto Boulevard
on the corner of Desoto Blvd. & Ponce de Leon Drive.
 
***FREE***
Village Information
 Cup of STARBUCKS!  


Recipe of the Month
 

Jambalaya Stir-Fry on Cajun Rice

 

Ingredients 

1¼ cups water

½ lb raw large shrimp, peeled and deveined

1 cup uncooked converted rice

½ lb boneless chicken breasts, cut into 1-inch pieces

1 can (16 ounces) diced tomatoes, undrained

¾ tsp dried thyme leaves

½ cup finely-chopped celery

¼ cup chopped fresh parsley

2 tsp. chicken bouillon granules

1 tsp salt

1 bay leaf

½ tsp ground red pepper

8 ounces andouille sausage, cut into ¼-inch rounds

½ tsp paprika

1½ cup chopped onions

Hot pepper sauce

1 cup chopped green bell pepper

 

Directions   

  1. Bring water to a boil in medium saucepan, Add rice, and tomatoes with juice, celery, bouillon granules and bay leaf. Return to a boil; reduce heat, cover tightly and simmer 20 minutes or until all liquid is absorbed. Remove and discard bay leaf.
  2. Meanwhile, heat large skillet over medium-high heat for 1 minute. Add sausage, onions and bell pepper; cook and stir 10 minutes.
  3. Increase heat to high; add shrimp, chicken and thyme. Cook and stir 5 minutes. Add parsley, salt, ground red pepper and paprika. Stir to blend thoroughly.
  4. Place rice on platter. Spoon shrimp mixture over rice and serve with pepper sauce.

Makes 4 servings 

BJ Conner Associate Broker GRI, RCC |  RE/MAX of Hot Springs Village
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