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This is the Season for Home and Family.

When you PURCHASE a Beautiful,
New Ready to Move-In Jagoe Home,
GET these Incentives!*

When you design and BUILD a Beautiful, New Jagoe Home, you GET these Incentives!*

  • Up to $2000 Closing Costs**
  • Buy More Save More on Personalized Options****
  • And a $500 Ashley HomeStore Gift Card******

PLUS….Visit a Jagoe Model Home and Register for a Chance to WIN One of TWO $2,500.00 Ashley HomeStore Shopping Sprees!*******

 


INCENTIVE OFFER(s) GOOD ON HOMES PURCHASED ON OR AFTER OCTOBER 1, 2017
*Ready to Move-In Homes must be purchased by December 15, 2017. New Builds require all contingencies to be satisfied and home under construction by December 31, 2017. Other restrictions may apply, contact a Jagoe New Home Consultant for complete details.
** Up to $2,000.00 in closing costs based on using Jagoe Homes’ approved lender. Pre-paids not included.
*** Save up to 20% on Personalized Options for your home, excluding Room Additions, Bonus Rooms, Basement, and 3rd Bay Garages.
**** Qualify for reduced pricing on select Ready to Move-In Homes purchased and closed by December 31, 2017.
***** Up to $1,000.00 can be applied towards Pre-Paids or Temporary Interest Buy-Down. Must meet all lender requirements.
******In order to qualify for $500 Ashley HomeStore Gift Card all contingencies must be satisfied and home under construction by December 31, 2017. Ashley HomeStore Gift Card can only be used at participating store locations in Evansville, IN and Owensboro, KY. Ashley HomeStore Gift Card will be available for pickup after homebuyer has closed on their Jagoe Home. Ashley HomeStore Gift Card has no cash value and can be redeemed only for Ashley HomeStore merchandise.
*******$2,500.00 Ashley HomeStore Shopping Spree, no purchase necessary, visit any Jagoe Model Home to register. Two winners will be drawn, each receiving a $2,500.00 Ashley HomeStore Gift Card. Only (1) winner per household, must be 18 years of age to enter. Ashley HomeStore Gift Card can only be used at participating store locations in Evansville, IN and Owensboro, KY. Drawing will take place on December 18, 2017, winners will be contacted by phone or email. Merchandise must be selected by January 31, 2018 and delivered by February 28, 2018. Jagoe Homes will issue an IRS Form 1099 to the winners.

This is the Season for Home and Family.

When you PURCHASE a Beautiful,
New Ready to Move-In Jagoe Home,
GET these Incentives!*

When you design and BUILD a Beautiful, New Jagoe Home, you GET these Incentives!*

  • Up to $2000 Closing Costs**
  • Buy More Save More on Personalized Options****

 


INCENTIVE OFFER(s) GOOD ON HOMES PURCHASED ON OR AFTER OCTOBER 1, 2017
*Ready to Move-In Homes must be purchased by December 15, 2017. New Builds require all contingencies to be satisfied and home under construction by December 31, 2017. Other restrictions may apply, contact a Jagoe New Home Consultant for complete details.
** Up to $2,000.00 in closing costs based on using Jagoe Homes’ approved lender. Pre-paids not included.
*** Save up to 20% on Personalized Options for your home, excluding Room Additions, Bonus Rooms, Basement, and 3rd Bay Garages.
**** Qualify for reduced pricing on select Ready to Move-In Homes purchased and closed by December 31, 2017.
***** Up to $1,000.00 can be applied towards Pre-Paids or Temporary Interest Buy-Down. Must meet all lender requirements.

Home Ownership is Still the Best Option

Home Ownership is Still the Best Option, According to Lenders

Home ownership is still the best option in the market areas of Owensboro, Bowling Green, Huntingburg, Evansville, Newburgh, and Louisville .  Affordability constraints have emerged as one of the biggest challenges to the continued housing recovery since the 2008 crash. However, based on the breakeven rate, it will be a long time before renting becomes the more sensible and attractive option.

home ownership

Today, mortgage rates are still at an all-time low – 4.00% for a 30-year conventional loan. Even if mortgage rates were to rise by a considerate amount, they are not likely to impact home buying nationally to any significant degree. That is the conclusion that many have reached when looking at the so-called mortgage breakeven rate, which refers to the rate at which mortgages would need to be at to make rent the more sensible option.

On a national level, the mortgage breakeven rate is generally believed to be around 8% or higher. This means that, all things being equal, the cost of buying would be the same as the cost of renting when mortgage finance rates are 8%. Of course, the breakeven rate varies across regions and is said to be much lower – perhaps 5% to 6% – in places like San Francisco and new York City.

While mortgage rates are widely expected to rise as policymakers roll back post-crisis stimulus programs, they remain less than half of the breakeven rate. The average commitment rate on a 30-year fixed-rate mortgage averaged 3.90% in the week ended August 10, according to Freddie Mac. The 15-year fixed rate was 3.18% and the 5-year adjustable rate was 3.14%. Rates peaked in December, when the 30-year fixed rate climbed to 4.32%. They have been in general decline ever since, partly in response to monetary policy expectations.

Of course, the breakeven rate doesn’t tell the whole story. It doesn’t consider the myriad of other affordability challenges that have made homeownership less attractive than rent, especially for first-time buyers. Stagnant wages, surging home values and supply-side constraints have all made homeownership out of reach for many Americans.

However, there is no denying that an increased demand for housing is on the rise, especially with low inventory numbers. Unemployment is the lowest it has been in 16 years and job creation remains steady. As a result, home prices are up in 64 consecutive months when measured in year-over-year terms. For now, the housing market appears to be on even keel as there are more positive factors boosting it than dragging it down.

Based on the trajectory of home values, buying remains the logical choice.  While rates and homes prices remain low they are steadily moving upward, so NOW is the right time to take advantage of your Buying Power!

Bowling Green Parade of Homes 2017

Bowling Green Parade of Homes Features Two Jagoe Homes

The Builders Association of South Central Kentucky Parade of Homes begins this Thursday, September 14th, and runs through Sunday, September 17th and will feature two Fully-Decorated Jagoe EnergySmart Homes. Each year, Bowling Green Home Builders showcase some of the newest and most exciting trends in both custom homes and Move-In Ready Homes that are currently for sale. This year’s Parade specifically features moderate size homes for growing families!

Tickets are available for purchase at every home on the tour during Parade hours. Start your self-guided tour at any of the Parade homes! Tickets are good for all four days and entrance into all homes on the tour. Tickets can also be purchased in advance at the Builders Association office, located at 859 Lovers Lane, Monday through Friday, 8AM-4PM. A portion of ticket sales will also benefit the South Warren High School FFA!

Parade Hours: Thursday & Friday, 5-8 PM; Saturday, 10 AM-5PM; Sunday, 1-5PM.
HomeAddressSchools
bowling green3. McCoy Place

Floor Plan: National Craftsman

481 Azra Court, 42104

Square Feet: 2680

4 Bed, 2.5 Bath, 2-Car Garage

Rich Pond Elementary

South Warren Middle

South Warren High

bowling green5. Springwater

Floor Plan: Cumberland Craftsman

5498 Hackberry Way, 42104

Square Feet: 2118

4 Bed, 2.5 Bath, 2-Car Garage

Rockfield Elementary

South Warren Middle

South Warren High

Purchase a Brand New EnergySmart Jagoe Home during the 2017 Bowling Green Parade of Homes and receive a $1,000 Discount towards Personalized Options that you select for your home! Also, Register to Win $1,000 CASH when you visit a Jagoe Model Home!

While touring our homes you’ll notice beautiful and distinguishing state of the art features such as large kitchen islands, staggered full-overlay cabinetry, mosaic and subway tile backsplash, granite countertops, stainless steel appliances, open concept floor plans, large covered patios, deluxe vent fireplace with tile surround, beautiful stone fireplace, stone and brick exterior features, marble countertops, walk-in closets, family entrys with drop zones, luxury baths, double bowl vanities, ceramic shower, bonus rooms, massive storage areas, wood-look and ceramic flooring, and many more.

For more information on the Bowling Green Parade of Homes, please visit the Builders Association of South Central Kentucky’s Website.

Louise Murdock Honored by Owensboro’s 40Under40, News4U 20 Under 40

Louise Murdock Honored with the Greater Owensboro Chamber of Commerce 40Under40, News4U Evansville Magazine 20 Under 40

Jagoe Homes’ own Social Media/PR Coordinator, Louise Murdock, was appointed with top honors in the Greater Owensboro Chamber of Commerce’s 40Under40 (Copyright Tanner Publishing) and News 4 U, 20Under40 in 2017. Forty individuals were nominated for 40U40 based on their leadership and potential to influence our community. Each nominee was recognized as hardworking, daring, innovative, and going above and beyond to affect change in the workplace and in the community.

They are executives and directors of foundations and non-profits. Principals and professors. Some are second and third generation business owners, while others are entrepreneurs and pioneers. All are shaping the future of Owensboro in their unique way.

After nominations were received, each nominee was sent a packet. Those applications were carefully reviewed by an anonymous panel of judges on a selection committee that was independent of the greater Owensboro Chamber of Commerce staff and board members. Final selections were made by that independent committee based on the nominee’s experience, contributions, and essay answers.

louise“I’m truly humbled to be associated with such an incredible group of people,” Murdock states. “I’m excited to lead Owensboro into the future by putting our minds together and working towards the growth of Owensboro.”

Atlanta native, Murdock is very much at home in Owensboro and Jagoe Homes. The University of Alabama graduate oversees all social media accounts and contributes to marketing endeavors. When not giving her all to promote the Jagoe brand, Murdock especially enjoys giving back to her community. She loves volunteering on behalf of Girls Inc., an Owensboro non-for-profit.

“It’s about empowering young girls and women to seek their highest aspirations. I’ve spoken to girls about the dangers of social media, and how to deal with issues on the internet. It’s important to be aware of what you are putting on the internet, and knowing that nothing ever truly goes away. They need to know when something is wrong, and to seek out a responsible adult to address any issue that they have.”

Murdock was also nominated for News4U Magazine’s 20 Under 40 in July. News4U is a free publication available at 450+ locations in Evansville, Owensboro, Henderson and Newburgh and feature a monthly calendar of area entertainment and events and a comprehensive full service restaurant guide, as well as articles and reviews featuring local and visiting talent in music, art, theater, comedy, & sports. 20 Under 40 was a combined list of the most influential people in music, sports, food & drink, fashion, and being social in the Tri-State.

louise