We’ve experienced economic growth for almost a decade, which is the longest recovery in the nation’s history. Experts know a recession can’t be too far off, but when will this economic slowdown actually occur? Pulsenomics just released a special report revealing that nearly 6 out of 10 of the 90 economists, investment strategists, and market analysts surveyed believe […]
3 Expert Insights On Inventory In The Current Housing Market
The current housing landscape presents greater home values, low-interest rates, and high buyer demand for mid to lower priced homes. All of these factors point to the strong market forecasted to continue throughout the rest of the year. There is, however, one thing that may cause the industry to tap the brakes: an overall lack of housing […]
How to Increase Your Home Equity Over the Next 5 Years
Many of the questions currently surrounding the real estate industry focus on home prices and where they are heading. The most recent Home Price Expectation Survey (HPES) helps target these projected answers. Here are the results from the Q2 2019 Survey: Home values will appreciate by 4.1% in 2019 The average annual appreciation will be 3.2% over the […]
Home Prices Up 5.05% Across the Country [INFOGRAPHIC]
Some Highlights: The Federal Housing Finance Agency (FHFA) recently released their latest Quarterly Home Price Index report. In the report, home prices are compared both regionally and by state. Based on the latest numbers, if you plan on relocating to another state, waiting to move may end up costing you more! Interested in finding out what prices have done in […]
SOLD! 213 Mountain Road in Clinton, TN
SOLD! All kinds of curb appeal! Sit on the covered front porch and look out over 100 acres across the street. Sit on the covered back porch and look out over your shaded back yard with mature trees, a barn and another storage building all backing up to over 50 acres of privacy. This dollhouse […]
The Cost of Waiting To Buy: Interest Rates Edition [INFOGRAPHIC]
Some Highlights: Interest rates are projected to increase steadily heading into 2020. The higher your interest rate, the more money you will end up paying for your home and the higher your monthly payment will be. Rates are still low right now – don’t wait until they hit 5% to start searching for your dream home! Ready […]
Should I Refinance My Home? Here’s What You Need To Know…
With the recent lower interest rates, many homeowners are wondering if they should refinance. To decide if refinancing is the best option for your family, start by asking yourself these questions: Why do you want to refinance? There are many reasons to refinance, but here are three of the most common ones: Lower your interest […]
1615 Douglas Wood Lane in South Knoxville!
UNDER CONTRACT! Situated just before a cul-de-sac, this home with a rocking chair front porch features a popular 3 bedroom plus bonus room floor plan and boasts upgrades such as hardwoods downstairs and upstairs (no carpet!), screened porch and covered porch in the back overlooking the level fenced yard, eat-in kitchen with island, pantry and […]
4 Tips To Sell Your Home Faster
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 school year. If […]
Where Are Home Prices Going This Year and Beyond?
Questions continue to come up about where home prices will head throughout the rest of this year, as well as where they may be going over the few years beyond. I’ve gathered current data from the industry’s most reliable sources to help answer these questions: The Home Price Expectation Survey – A survey of over 100 […]
5 Powerful Reasons to Own Your Home Instead of Renting
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 secured borrowing, built-in ‘default’ […]
It’s a Great Time to Move-Up and Upgrade Your Current Home!
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 in Tennessee wanting to upgrade from their current house. Much of the demand […]
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