Is Your First Home Now Within Your Grasp? [INFOGRAPHIC]
Simplifying the Market™ Some Highlights: According to the US Census Bureau, “millennials” are defined as 18-36-year-olds. According to NAR’s latest Profile of Home Buyers & Sellers, the median age of all first-time home buyers is 32. More and more “old millennials” (25-36) are realizing that homeownership is within their grasp now! Content previously posted on […]
Americans’ Powerful Belief in Homeownership as an Investment
Simplifying the Market™ The Federal Reserve Bank (The Fed) recently released their 2019 Survey of Consumer Expectations Housing Survey. The survey reported that 65% of Americans believe homeownership is a good financial investment. Since 2014, the percentage has increased by over nine percent.The Fed’s survey also showed that when the results are broken down by […]
4 Tips to Sell Your Home Faster
Simplifying the Market™ Since June of last year, we have seen an increase in the inventory of homes for sale month per month. Every spring and summer, the inventory increases because people want to sell their home. For those with children, they may want to be in their new home for the beginning of the […]
5 Powerful Reasons to Own Instead of Rent
Simplifying the Market™ Owning a home has great financial benefits. In a recent research paper, Homeownership and the American Dream, Laurie S. Goodman and Christopher Mayer of the Urban Land Institute explained: “Homeownership appears to help borrowers accumulate housing and nonhousing wealth in a variety of ways, with tax advantages, greater financial flexibility due to […]
Now’s the Time to Move-Up and Upgrade Your Current Home!
Simplifying the Market™ Homes priced at the top 25% of the price range for a particular area of the country are considered “premium homes.” In today’s real estate market, there are deals to be had at the higher end! This is great news for homeowners wanting to upgrade from their current house. Much of the […]
10 Steps to Buying a Home This Summer [INFOGRAPHIC]
Simplifying the Market™ Some Highlights: If you are thinking of buying a home, you may not know where to start. Here is a simple list of 10 steps that you will go through to purchase a home. Make sure to ask your agent for details about each step and what else may be required in […]
Happy Independence Day!
Simplifying the Market™ Wishing you & yours a safe & Happy 4th of July! Content previously posted on Keeping Current Matters Who do you know that is thinking of selling their home? They can get the free SOLD Seller’s Guide delivered in the mail – request it at: https://tnrealestatelistings.com/sellers Who do you know who is […]
Is Mortgage Debt out of Control?
Simplifying the Market™ The housing crisis of the last decade was partially caused by unhealthy levels of mortgage debt. Homeowners were using their homes as ATMs by refinancing and swapping their equity for cash. When prices started to fall, many homeowners found themselves in a negative equity situation (where their mortgage was higher than the […]
Millennials Are Increasing the Demand for Condominiums
Simplifying the Market™ When deciding to buy a home, people are presented with many different options. The type of home you buy depends on your needs, budget, and in many cases, the desired maintenance level. For many millennials, their choice has been buying a condominium! According to CoreLogic, “Last year about 43% of all condo […]
Top 5 Reasons You Should NOT FSBO
Simplifying the Market™ Rising home prices coupled with a lack of inventory in today’s market may cause some homeowners to consider selling their home on their own (known in the industry as a For Sale By Owner). However, a FSBO might not be a good idea for the vast majority of sellers. The top 5 […]