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Volume 22, Issue 4: August/September 2019

DeLois Smith Adam Watkins Brenda Blackwell

Linda Seifert

Dennis Baum Tasha McCallum Patty Herrington

Paula Claret

Jennifer Upton

Ki Bradford Christy McLemore

2019 Great American All-Star written by Linda Seifert REALTOR, Specialist Broker Associate

Our Great American All-Star this year is Callison Richardson who hails from Columbia, South Carolina. She and her husband Jay came to our area when he accepted a job as Assistant Professor of History and Director of The Honors Program at William Carey University. She received her undergraduate degree from Clemson University and Masters in Public Administration from The University of Georgia. Callison has served in the capacity of Principal for the United Christian Academy in Hattiesburg for the last 3 years. This unique school which is located in the old Presbyterian Christian School location on Lincoln Road, (space donated by the Woodland Presbyterian Church), is based on Christian principles and thrives on volunteerism. The school started with 7 students from low income families and stemmed from a backyard ministry by Mr. Jack Kennedy to reach children living in poverty. Callison has worked tirelessly to help create an environment for the current and future students so they receive the best possible educational experience from a school which is funded by, local churches, individual private donations and a small grant from United Way of Southeast Mississippi. Extraordinary efforts on the part of the small administration, staff and over 70 volunteers have grown the student population to 18 young people. There are some heartwarming stories about the results of this unique school model that Callison has shared with us. One such story is of a student who came into the school reading far below her 4th grade level and now as a 7th grader is reading on a 9th grade level. What a testament to this young

student’s willingness to learn and to her teachers and mentors in preparing her for higher education and a productive life. Volunteers come and cook breakfast and lunch in the school kitchen daily or stock the freezer with homemade meals. Another big help with meals this past year was provided by Christian services and Give and Take Kitchen. It is the volunteers who partner to make UCA run smoothly. They not only prep meals but mentor, tutor and provide extracurricular classes including P.E., art, drama, rocket building, community service and cooking. One special partnership is William Carey University’s CAREY ABOUT ART PROGRAM. Callison has been a fierce supporter of this wonderful educational ministry, often driving the school van to pick up the children to begin their school day. This young energetic woman has a heart for service and the skills to make things happen! We are proud to name her as our Great American All-Star for 2019. Congratulations Callison and wherever life leads you we know you will make a positive difference.

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The Forecast: Sunny & Warm in Mississippi This Mississippi Summer has certainly turned up the heat, hasn't it? Seems like I recall some of my friends lamenting over being tired of Winter several months ago. I assured them that they were guaranteed MUCH warmer days in Mississippi - some might argue a disproportionate share. And now those warmer days are here in full force! It's funny, because those same folks who didn't like the "cold" days are unhappy with the heat. Perhaps the promise of Fall in a couple months will bring relief to their senses. Of course, it's nice if we could spend our days in an eternal Spring or Fall, but I'm sure some of us would grow weary of that as well. Have you ever noticed how much we discuss the weather? It's the go-to conversation piece because everyone experiences it, and everyone has an opinion on it. Real estate is a lot like the weather - it has seasons where it's hot, cold, mild, or warm (figuratively). It's also a routine topic of conversation because, like weather, it impacts everyone. And, like weather, everyone has an opinion on it! In recent months and years, we've been fluctuating between a mild to warm market in the Greater Hattiesburg Area. Some of my colleagues have referred to it as a "hot" market. I tend to be a bit more conservative in that characterization, because I think it can send an incomplete picture of the market and perhaps is a bit reckless to say. There are certainly pockets in the market where it might be considered "hot." In general a "mild-to-warm" market environment has held true for most of this year in price ranges up to around $450,000 where things begin to "cool" off. Continued low interest rates and low unemployment continue to influence the market overall. Those influences appear to be sustainable for the coming months. Your All-Star Team, REALTORS, is ready to help you understand which areas of the market might provide opportunities for you and your family based on recent trends. If you're interested in scheduling a time to sit down with me or one of our team members in our West Hattiesburg or Petal office to discuss overall market trends and how they impact your real estate investment(s), please let me know. You can contact me at adam@allstarteam.com to discuss arranging such an opportunity. We are passionate about our role as educators on our market, and welcome the opportunities to partner with our clients in meaningful ways regarding their real estate investments. To borrow from my weather analogy, consider us your real estate "meteorologists." I'll close with a brief report on my work as President of Mississippi REALTORS and some details of a recent visit I made to some of our members. Most of you know that 2019 has included the opportunity to serve as the leader of Mississippi's largest trade association - nearly 6,500 REALTOR members strong. November 11th will mark the end of my tenure in that role, but I can only say what an honor it has been to serve our industry in such a unique way this year. I could

by: Adam Watkins Broker/Listing Specialist

not do it without the steady help of our team, and especially my number one fan and help-mate, Amelia, who works along side of me in the business on a 24/7 basis. Because of their help and support, and the trust of many of you, the sales production that I have been responsible for this year has increased, even with the added responsibilities! So for us, working under these pressures has actually enhanced our productivity on behalf of our clients! We, and I especially, are so thankful for your trust day-in and day-out. We are thankful to God for sustaining our business and providing new opportunities along the way. We diligently aim to be good stewards of those opportunities. One of the great blessings of serving in this leadership role has been the opportunity to criss-cross our great state and learn from REALTORS and community members from the various communities that make Mississippi such a unique and special place to live. Last week, I found myself in the Mississippi Delta visiting brokers, agents, and Boards of REALTORS' members in Cleveland, Clarksdale, and Greenville. I was reminded of the rich cultural heritage - particularly to the arts and music - that this region of ours holds. I drove through Merigold, where McCarty's Pottery is based, as well as worked in a visit to the Grammy Museum-Mississippi, located on the campus of Delta State University in Cleveland. Incidentally, the Grammy Museum-Mississippi is one of only two such museums in the world, the other being in California, and is a testament to the comparatively large contributions that Mississippians have made in the world of music over the decades. Truly the Mississippi Delta is a Cultural Capital of sorts for our state and for our country. I was so proud to be reminded of the hundreds of artists and musicians who have shaped the artistic development of our country - many of whom were born and raised within our borders. I was also reminded of how proud I am to be a Mississippian! The best news is all of this is only a few hours drive away from Hattiesburg, and it's so affordable to visit! Being reminded of how many wonderful places we have to see, and things we have to do within this great state, has been a highlight of this journey. We should spend more time exploring our state and sharing the opportunities with our families and those who visit us. I'd love to hear your stories or see your pictures of your explorations around our state! Don't hesitate to share them with us! And if you haven't learned by now, Mississippi is the Hospitality State, which means that whether you are nativeborn or transplant, we're all part of the family! May the next season we enter bring more opportunities for us all to explore, grow, serve, and learn. Your REALTORS for life... Adam & Team

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Remember the realtors who remember you Our April contest was for a Room Makeover in your home. We accepted submissions where you could submit a photo of a room in your home you thought needed some help. Congratulations to Jeremiah and Grace Ann Seal of Petal! They won the use of our certified stagers and $500 from the Team to make improvements or buy necessities. See before & after photos on the right. For our June contest, we gave away a combo gas/charcoal grill in honor of Father's Day. The All-Star Team wanted the great dads out there to get some recognition. To enter all that was required was to find the Facebook post (or email us) and comment with any photo of him and a brief caption about what makes him special. Congratulations to Bill Hoffart of Hattiesburg! We're ready to come over, just tell us when you're grilling.

Our next contest will be next month. The first week of September find us on Facebook and look for the contest post or check your mailbox for details!

The All-Star Team Realtors 19th Annual July 4th Picnic

On July 4th, the Team gathered along with past and present clients, friends, and colleagues at Canebrake Clubhouse for our 19th Annual Picnic. Our Master of Ceremony, Ted Tibbett, guided us through our patriotic program. Songs led by Classic Jazz Trio and Entertainment by USA Dance Chapter #6116. We also recognized our 2019 Great American All-Star, Callison Richardson, and our 2019 Good Neighbor Award to George & Lucy Turner. Plus the Team gave away over $1,800 in door prizes! Thank you to our vendors, all who attended, and if we didn't see you this year, we hope you will join us for our 20th Annual Picnic in 2020.

The Ultimate Truth About Housing Affordability There have been many headlines decrying an “affordability crisis” in the residential real estate market. While it is true that buying a home is less affordable than it had been over the last ten years, we need to understand why and what that means. On a monthly basis, the National Association of Realtors (NAR), produces a Housing Affordability Index. According to NAR, the index “measures whether or not a typical family earns enough income to qualify for a mortgage loan on a typical home at the national and regional levels based on the most recent price and income data.” Their methodology states: “To interpret the indices, a value of 100 means that a family with the median income has exactly enough income to qualify for a mortgage on a median-priced home. An index above 100 signifies that family earning the median income has more than enough income to qualify for a mortgage loan on a median-priced home, assuming a 20 percent down payment.” So, the higher the index, the more affordable it is to purchase a home. Here is a graph of the index going back to 1990: It is true that the index is lower today than any year from 2009 to 2017. However, we must realize the main reason homes were more affordable. That period of time immediately followed a housing crash and there were large numbers of distressed properties (foreclosures and short sales). Those properties were sold at large discounts. Today, the index is higher than any year from 1990 to 2008. Based on historic home affordability data, that means homes are more affordable right now than any other time besides the time following the housing crisis.

Bottom Line

With wages increasing, price appreciation moderating, and mortgage rates remaining near all-time lows, purchasing a home is a great move based on historic affordability numbers.

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Tour of Homes Sunday, August 4, 2019

1:30 PM - 5:00 PM

Homes and Times Subject to Change. Always visit our Open House page at www.AllStarTeam.com the Friday before the Event. Sumrall

Canebrake

Hattiesburg

Oak Grove

1:30 to 2:00 pm

1:30 to 2:00 pm

1:30 to 2:00 pm

1:30 to 2:00 pm

4 Peachtree Savannah Trace 4BD/3.5BA $365,900 Estate-sized, Custom Home in Sumrall School District yet Close-in to Oak Grove. 3-way Split Plan with 3 Bedrooms, 2.5 Baths on the 1st Floor. Huge Bonus Room & Big Back Yard. Directions: At Bellevue take Hwy 589N to Right into Savannah Trace S/D to Peachtree.

91 Bienville Trace

163 Red Roan

2309 Adeline Street

Midtown 4BD/2.5BA $169,999 Dandridge 4BD/2.5BA $249,500 Canebrake 4BD/4BA $429,500 Multiple Living Areas (One is Sunken), Big Great Family Split Plan! Lots of Good Sized Sits on the 14th Fairway! 4 bedrooms Plus Bonus Bedrooms, Formal Dining, and Fenced Back Yard. Closets and Storage. Private Back Yard, Covered Room. Gourmet Kitchen with Wolf Range and Sits on a Large, Corner Lot. Convenient to Porch, and Rear Deck for Family Gatherings! Sub-Zero Fridge. 2 Bedrooms & 2 Baths on the Directions: Hwy 589S to Dandridge S/D. Forrest General, USM, and Major Highways. 1st Floor. Screened Porch & New Deck! Directions: Hwy 98 to Bienville Trace. Home on Left.

Directions: From Hardy St. to Hwy 49 S. Left on Mamie, then Right on S. 24th Ave. Take 1st Left on Adeline. Home on Left.

First Left on Red Roan. Home on Left.

Oak Grove

Oak Grove

Hattiesburg

Oak Grove

2:30 to 3:00 pm

2:30 to 3:00 pm

2:30 to 3:00 pm

2:30 to 3:00 pm

16 Landing Way

24 Elms Court

66 Longwood Drive

53 Clipper

Canebrake 5BD/4.5BA $699,500 Custom Home First Time Ever For Sale! Tuscan-style built around In-ground Pool and Outdoor Kitchen. Temperature Controlled Wine Cellar. Whole House Generator. Workshop.

The Trace 4BD/3BA $304,500 BRAND NEW CONSTRUCTION! Soaring 12' Ceilings, Impressive 8' Doors, Quartz Counters, and More. 4 First Floor Bedrooms PLUS Upstairs Bonus & Full Bath. Originally listed @ $328,900.

Baywood Cove 4BD/3BA $375,900 Finished Basement/Workshop! Beautifully Appointed 3-way Split Plan. Brick Paver & 6" Heart Pine Flooring, and Over-sized Garage. Prime Location in the Heart of Midtown!

Rolling Hills 4BD/2.5BA $243,000 Lakefront Southern Colonial with Access to Lake Serene Amenities (optional). Updates Throughout including New Carpet, and Updated Kitchen and Master Bath. Convenient Oak Grove Location!

Directions: Hwy 98 to Bienville Trace, Left on W. Canebrake Blvd., Directions: From King Rd. to Courtland Dr. (Trace Entrance), Straight Left on Marais Ridge, 1st left on Landing Way. Home on Right. at Stop Sign, then Right on Elms Court. Home on Right.

Directions: S. 40th Ave. to 2nd entrance to Baywood Cove.

Directions: Hwy 98 to King Rd. Left on Clipper. Home on Left.

Canebrake

Oak Grove

Oak Grove

Oak Grove

3:30 to 4:00 pm

3:30 to 4:00 pm

3:30 to 4:00 pm

3:30 to 4:00 pm

13 Crane Park

21 Waverly Circle

613 Southeast Circle

44 Buckskin

Canebrake 3BD/2.5BA $397,500 Your Own Private Boat Slip in the Main Lake! 3 Bedrooms Plus Office and Delightful Screened Porch, Sunroom, and Side-Yard Patio.

The Trace 4 or 5BD/3BA $314,900 Built in 2017! Sought-after 4 Bedrooms on the 1st Floor w/ 2nd Level Bonus Room or BD 5 and Full Bath. Beautiful Finishes. Easy Maintenance Yard!

West Lake Manor 3BD/2BA $179,500 Refurbished with Excellent Taste! Open Living, Dining, and Kitchen. Granite Counters Throughout. Rare Extra Concrete Pad, too!

LePapillon 4BD/4.5BA $499,500 Nearly New, Stone & Brick French Country! Outside Kitchen, 3-car Garage, Plus Huge Bonus Room with Full Bath. Neutral Decor with Upscale Finishing Details Throughout.

Directions: Hwy 98 to Bienville Trace, Left on W. Canebrake Blvd., Right on Crane Park. Home on Left.

Directions: King Rd. the Trace Entrance on Courtland Dr., Right on Auburn, then 3rd Left on Waverly Cir. Home on the Left.

Directions: Oak Grove Road to Lamar Ave. Left on Southeast Circle, 2nd Right to stay on Southeast Circle, Home on Right.

Directions: HWY 98 to Hegwood, Left into LePapillon. Right on Monarch, Right on Deer Valley, Left on Buckskin. Home on Right.

Oak Grove

Petal

Sumrall

Petal

4:30 to 5:00 pm

4:30 to 5:00 pm

4:30 to 5:00 pm

2:30 to 3:30 pm

877 Oloh Road

182 Bridgewater Drive

260 Wildwood Trail

Bridgefield Estates 4BD/3.5BA - $449,500 Refreshed & Renewed! Nearly Every Room has Been Repainted. Enjoy Soaring Ceilings and Multiple Living Areas. Originally listed at $527,500 and Recently Reduced to $449,500. VALUE!

2.79 Acres 4BD/4.5BA $495,500 Unique Executive Petal offering! Grand Living Spaces, New Floor to Ceiling Stone Fireplace, In-ground Pool, Pool House, Workshop, and RV Storage. Outdoor Kitchen. Sprinkler System.

8.87 Acres 4BD/3BA $349,500 3BD/2BA $227,500 Just 10 Minutes from Bellevue on Almost 9 Acres Pristine Custom Build with 3 Bedrooms Plus Office and Your Own 30 x 40 Shop! 3-way Split Plan (Could be 4th BD). Bamboo Hardwood Flooring. with Abundant Storage. 12' Ceilings in the Great Large, Beautifully Landscaped Yard Plus Storage Room and Every Bedroom has Bath Access. Building! Call 601-545-3900 for Private Showing. Directions: Hwy 98 to N. Black Creek Rd.. Take a Left at Directions: Going east on Carterville Road, Slight Left on Corinth Rd., the T to Oloh Rd.. Look for 877 on your Right. then Take 3rd Left on Stewart Dr. Home on Left.

Petal

Hattiesburg

Canebrake

Sumrall

1:30 to 2:30 pm

3:30 to 4:00 pm

2:30 to 3:00 pm

1:30 to 2:00 pm

Directions: Hwy 589 left to Bridgefield Estates. Right after Entrance. Home is all the way around the lake on the left.

99 Broken Arrow Trail Trailwood West 6BD/7.5BA $825,000 One-of-a-kind Waterfront Estate! Situated on 3.4 Acres, the Main House has 2 Master Suites, Elevator, Multiple Kitchens, Theater Room, Pool & Spa. Separate Guest House on the Water. Directions: Hwy 42 to Broken Arrow Trail (Trailwood West entrance). Home on Left.

Directions: EGP to Trailwood's east entrance on Wildwood Trail. Follow to end and enter shared private drive. Home on Right.

650 Nellwood Drive

39 Robins Nest

108 Stewart Circle

2019 All-Star Stat

3BD/2BA $217,900 Canebrake 5 or 6BD/4BA $299,500 Woodhaven Lake Estates 4BD/4BA $369,500 This beautiful nearly new home in Sumrall Fabulous find on family friendly Robins Nest. Custom Home on Sparkling Waterfront! was listed with Agent X for 238 days followed Over 3,000 sq. ft., 5 or 6 bedrooms, 4 baths, high Sprawling with Soaring Ceilings, Multiple by Agent Y for 182 days. Then listed with The ceilings, upper balcony, rear deck and swing. Fireplaces, and Water Views from Most Rooms. Community Pool, Private Beach, Lake, & More! All-Star Team, Realtors and we SOLD in 45 DAYS! Convenient to Everywhere You Want to Go! Need to Sell? Call Us 601-545-3900. Directions: Hwy 98W to Canebrake Blvd. Directions: Richburg Rd to Nellwood, continue straight, home on L. Right on Pecan Acres and Right on Robin's Nest.

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