OCTOBER REAL ESTATE NEWS: This Is the Sweet Spot Homebuyers Have Been Waiting For

on
  This Is the Sweet Spot Homebuyers Have Been Waiting For After months of sitting on the sidelines, many homebuyers who were priced out by high  mortgage rates  and affordability challenges finally have an opportunity to make their move. With rates trending down, today’s market is a sweet spot for buyers—and it’s one that may not last long. So, if you’ve put your own move on the back burner, here’s why maybe you shouldn’t delay your plans any longer. As you weigh your options and decide if you should buy now or wait, ask yourself this:  What do you think everyone else is going to do? The truth is, if mortgage rates continue to ease, as experts project, more buyers will jump back into the market. A  survey  from  Bankrate  shows over half of homeowners would be motivated to buy this year if rates drop below 6% ( see graph below ): With rates already in the low 6% range, we’re not terribly far off from hitting that threshold. The bottom line is, that when they drop into the 5s, the numbe
0

Prepare Your Ears For Millions Of Extra Cicadas In North Carolina This Spring

on

Uh oh, North Carolina. Parts of the state will see and hear an insurgence of cicadas later this spring and, in case you don’t remember the last time cicadas invaded the landscape, it’s expected to get very noisy in some places. Read on to learn about the explosion of cicadas in North Carolina in the coming months.

It's believed that more than 3,000 species of cicada exist worldwide.
Flickr/Jason Means
Commonly mistaken for locusts, cicadas are known for living underground as nymphs for as little as one year to 13-17 years before emerging to breed and lay eggs again in the bark of trees that dot the landscape.
They exist in a number of emergence patterns, including annual cicadas and periodic cicadas. Both remain underground as nymphs when not actively breeding.
Kakizaki Hajime / EyeEm Collection via Getty Images
The species expected to cause all of the noise in North Carolina in the coming months is referred to as Brood Nine (or Brood IX).
wikipedia/Andrew M. Liebhold, Michael J. Bohne, and Rebecca L. Lilja/USDA Forest Service - public domain
Don't be surprised if you find yourself covering your ears. A single cicada has the capability to damage a human's hearing. Its 'song' has been clocked as high as 120 decibels!
It's no wonder that a group of cicadas is called a CHORUS!
Taunia Maple / EyeEm Collection via Getty Images
Only the male of the species is known to sing with such veracity.
Other than being utterly annoying with noise, cicadas are relatively harmless.
Cyndi Monaghan / Moment Collection via Getty Images
They feed on the sap from trees and occasionally break small limbs on young trees.
When can you expect the cicadas to emerge from their 17-year slumber?
jxfzsy / E+ Collection via Getty Images
The concert will begin when the soil reaches 64 degrees at least eight inches below the surface. The emergence also often coincides with a spring rainfall in late April to early May.
With so many species of cicada, it’s possible for a different brood to appear every year. Do you recall seeing or hearing cicadas in your neck of the state in previous years?
Original Post in onlyinyourstate.com on 3/29/2020

Comments

Post a Comment