Friday, January 24, 2020

What the Future Holds for Our 2020 Market

Here’s what buyers and sellers can expect from our 2020 market.

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Now that we’re almost a full month into 2020, how is our real estate market trending? Unfortunately, I don’t have a crystal ball, but I do have some thoughts on what I think will happen throughout the year.

First of all, I’ve had several conversations with local lenders, and they all expect interest rates to be cut again. This doesn’t directly affect mortgage rates, but it all gets tied together on the back end. We’re seeing people lock in interest rates well below the 5% mark we hit 18 months ago. Before that, we hadn’t seen rates that low in 10 years.





Our Jonesboro economy remains very strong, and we’re optimistic about the future.
 



If you’re a buyer, the minute interest rates bump up, your money doesn’t go as far. If you’re looking to buy a $200,000 home, for instance, it will cost you a little bit more after they rise. If they go down, your money goes a little further, and that same $200,000 will cost you a little bit less after they drop

If you’re a seller and interest rates bump up, that will probably eliminate a few buyers from your buyer pool. If they go down, it makes your house more valuable because, again, buyers can afford more and there will be more of them looking at your home.

When interest rates decrease, it’s a great thing overall. Granted, there are a few drawbacks when rates get really low, but our Jonesboro economy remains very strong, and we’re optimistic about the future. Jonesboro continues to grow, and we work with clients from all over the country looking to move to our area.

As always, if you have questions about our market or are thinking of buying or selling a home soon, don’t hesitate to reach out to me. I’d be happy to help. 


Monday, January 13, 2020

How Burch and Co. Finished Out 2019

Thanks so much for your support in 2019; we couldn’t have done it without you.

Buying a Jonesboro home?  Get a Full Home Search
Selling your Jonesboro home? Get a Free Home Price Evaluation


Thank you so much for making 2019 another amazing year. We served well over 250 families last year, amounting to $40 million in volume. There are around 70,000 people here in Jonesboro, Arkansas, which is a small, tight-knit community. The amount of referrals and business we got from the community is mind-blowing, and it was an honor to be a part of it.

We don’t take your trust in us lightly. Buying or selling a home is likely the largest transaction you’ll ever be a part of, and we want to make sure that we do anything and everything to help you succeed.




The amount of referrals and business we got from the community is mind-blowing.


Thanks again for all your support! If you’re thinking of buying or selling a home in 2020, or if you just need some real estate advice, don’t hesitate to reach out to Burch & Co. We’ll give you access to all the properties listed in and around our area so that you can see what’s available for purchase and you can get an idea of what your home is worth. In the meantime, I hope 2020 is your best year ever!

Friday, December 13, 2019

Merry Christmas From Burch & Co. Real Estate

The holiday season is here and we want to wish you all a very Merry Christmas and a Happy New Year.

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Selling your Jonesboro home? Get a Free Home Price Evaluation


We hope you and your family have a wonderful holiday. We just wanted to take a moment to thank you for your continued support throughout the years. We wouldn’t be where we are today without your help! It truly brings us joy to help you make your real estate dreams a reality. If you have any questions, please don’t hesitate to reach out to us. We’re here to help you in any way we can. In the meantime, have a very Merry Christmas!