Wayne Long's Blog: All Categories

The new home market in Columbus GA is a little over built right now.  We have had so much good news with the BRAC military realignment, KIA Plant announcement and AFLAC expansion, that many builders have jumped the gun.   Many builders expected a "sunami" of new arrivals in our community.  As it turns out the influx of people will be over the next 3-5 years.  This is really a much healthier form of growth as it will give the community time to develop the infrastructure needed to support the growth.  The good news for home buyers is that builders are more flexible with providing amenities and working with buyers on closing costs!  With interest rates down it is an excellent time to buy a new home in Columbus GA or Phenix City… Read Full Post

The market in Columbus seems to have stabilized and be improving.   We still have more inventory on the market than last year but that is starting to be reduced.   We have only had a 2% increase in prices this year but this is far from a "Real Estate Bubble".   Mortgage rates are great with the VA and FHA rates at 6.0 %.  Many feel it is going to be a strong market in 2007.   Buyers are realizing that right now they can lock in an awesome rate and that sellers are more willing to help with closing costs and make other concessions.    Read Full Post