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Real Estate Advertising In The CSRA: Starter Home Sales Are Thriving

Jun 26, 2020 7:49:11 AM / by Larry Julius

From Grovetown to North Augusta (and every point in between), Central Savannah River Area real estate agents see a robust, post-pandemic market shaping up. Home sales are being driven by record low-interest rates.

The average rate for a 30-year fixed rate in June is 3.17%, according to Freddie Mac. This is down from 3.99% June of last year. That difference could save an Augusta area home buyer close to $30,000 over the term of a loan.

Data from the Federal Reserve indicates that one of the fast-growing segments of the current real estate market is starter homes. Sales in May for these modest price houses have risen above pre-COVID-19 levels and have hit a three year high.

Feuling the starter home market is demand from millennials. This generation now comprises 37% of all home buyers, says the National Association of Realtors Research Group.

To claim a large share of the market for starter homes, local real estate agents will need to advertise to attract these buyers.  By almost any metric, advertising on Augusta radio is the best way to reach millennials planning to buy a house, condo, or co-op over the next year.

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Topics best way to advertise, real estate, radio advertising, small business owner, small business, home buyers, mortgage, mortgage broker, home sellers, advertise on radio, real estate agent

Why Augusta Real Estate Agents Need To Advertise Now

May 22, 2020 3:31:30 PM / by Larry Julius

Type "AUGUSTA REAL ESTATE AGENTS" into Google. In slightly over a half-second, the search will deliver 8,410,000 results. Similar searches for Martinez, Evans, Aiken, Greenwood, and Lexington produce a proportional number of returns.

Despite the economic hardships imposed by the Coronavirus crisis on Central Savannah River Area consumers, the demand for real estate is booming. 

The Wall Street Journal published a trend yesterday indicating that mortgage applications for purchase a home have achieved levels equal to last year.

According to, home buying demand is 16.5% higher now than it was pre-COVID-19 on a seasonally adjusted basis.

Redfin attributes this explosive growth in real estate shoppers to two factors, including record-low mortgage rates. The other primary driver is a migration trend from expensive metropolitan areas as buyers hunt for more space at lower prices.

To capture a larger share of the robust market, local real estate agents need to stand apart from the millions of Google results.  Advertising on Augusta radio will help accomplish this.  Here's why.

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Topics best way to advertise, real estate, newspaper advertising, social media advertising, online advertising, radio advertising, small business owner, television advertising, small business, streaming audio, home buyers, pay-TV, home sellers, advertise on radio

Why CSRA Mortgage Lenders and Brokers Need To Advertise Now

Mar 6, 2020 3:03:32 PM / by Larry Julius

There are over 362,000 consumers in the Central Savannah River who own their own home. 

According to Zillow, more than 60% of homeowners carry a mortgage. A record number of owners are considering refinancing  now, which means millions of dollars in fees for local lenders and brokers are up for grabs.

Why the sudden urgency for CSRA homeowners to refinance their mortgages?

According to The Federal Home Loan Mortgage Corporation (aka, Freddie Mac), "The average 30-year fixed-rate mortgage hit a record 3.29% this week, the lowest level in its nearly 50-year history."

"Meanwhile, mortgage applications increased 10 percent last week from one year ago and show no signs of slowing down. Given these strong indicators in rates and sales, as well as recent increases in new construction, it’s clear the housing market continues to be a positive force for the broader economy."

If a consumer Googles 'refinance my mortgage in Augsuta Georigia, more than 855,000 results come back, So, to set themselves apart, lenders and brokers will need to advertise.  By, any key metric, advertising on local radio is the best way to reach area homeowners.

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Topics best way to advertise, consumer spending, radio advertising, small business owner, small business, african american consumers, financial services, financial planning, home buyers, mortgage, bank, mortgage broker, home value, refinance, home owner

How To Advertise Insurance Products In Augusta

Jan 25, 2020 7:05:00 AM / by Larry Julius

If you were one of the 412,144 consumers who tuned-in to an Augusta radio station last week, then chances are you heard at least one commercial from GEICO, Progressive, or Liberty Mutual. That's because insurance is big business in the Central Savannah River Area.

Each year, CSRA consumers spend $780-million to insure their homes and cars. That's almost $1500 for every area adult.

There is good news and bad news for the 990 local insurance agents who are competing to earn a substantial share of the home and auto premiums consumers are paying.

According to Nielsen, 42,000 policyholders in the CSRA are planning to switch insurance providers during the next 12 months.

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Topics best way to advertise, insurance agent, consumer spending, radio advertising, small business owner, small business, car insurance, insurance, auto insurance, home insurance, home buyers, automotive, car shoppers

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