865 Real Estate

East Tennessee Real Estate & Neighborhood Source

Thinking About Buying A Home This Year? Here’s What To Keep An Eye On.

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As we kick off the new year, many families have made resolutions to enter the housing market in 2019. Whether you are thinking of finally ditching your landlord and buying your first home or selling your starter house to move into your forever home, there are two pieces of the real estate puzzle you need […]

What Will The Housing Market Look Like In 2019? (INFOGRAPHIC)

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Some Highlights: ­Interest rates are projected to increase steadily throughout 2019, but buyers will still be able to lock in a rate lower than their parents or grandparents did when they bought their homes! Home prices will rise at a rate of 4.8% over the course of 2019 according to CoreLogic. All four major reporting agencies […]

What Makes A House A “Home” For You?

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We frequently talk about why it makes sense to buy a home financially, but more often than not the emotional reasons are the more powerful or compelling ones. No matter what shape or size your living space is, the concept and feeling of a home can mean different things to different people. Whether it’s a certain […]

Renters! Don’t Get Caught in The Trap!

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Every year around this time, we take time to reflect and plan for next year. If you are renting your current home but have dreams of homeownership, your plan for the new year may include buying, and you wouldn’t be alone! According to the 2018 Bank of America Homebuyer Insights Report, 74% of renters plan on […]

The Easiest Way To Build Wealth For Your Family Is By Paying For Housing

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Everyone should realize that unless you are living somewhere rent-free, you are paying a mortgage – either yours or your landlord’s. Buying your own home provides you with a form of ‘forced savings’ that allows you to use your monthly housing costs to increase your family’s wealth. Every month that you pay your mortgage, you are paying off a […]

What If I Waited Another Year To Buy A Home?

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National home prices have increased by 5.4% since this time last year. Over that same time period, interest rates have remained near historic lows which has allowed many buyers to enter the market and lock in low rates. As a seller, you will likely be most concerned about ‘short-term price’ – where home values are headed over the next six months. […]

2 Mortgage Myths That Are Effecting Home Buyers

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Fannie Mae’s “What do consumers know about the Mortgage Qualification Criteria?” Study revealed that Americans are misinformed about what is required to qualify for a mortgage when purchasing a home. Myth #1: “I Need a 20% Down Payment” Fannie Mae’s survey revealed that consumers overestimate the down payment funds needed to qualify for a home loan. […]

3 Questions Every Home Buyer Should Know The Answer To

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VIDEO: There are 3 questions every potential home buyer should know the answer to. I give you the questions…and the answers. There are many potential home buyers still renting because they believe they can’t qualify for a mortgage. This information could be a game changer for them, as their is a lot of misinformation out […]

Affordability May Not Be This Good For Too Long. It’s Time To Buy!

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Now that the housing market has stabilized, more and more homeowners are considering moving up to the home they have always dreamed of. Prices are still below those of a few years ago and interest rates have stayed near historic lows. Sellers should realize that waiting to make the move when mortgage rates are projected […]

What Is Equity In A Home? How Does It Help Build Wealth?

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So what is equity in a home, and how does it help build wealth? Citing a recent survey by Merrill Lynch, over 80% of the people in the United States believe that homeownership is still “an important part of the American Dream”. One of the biggest reasons it’s seen as so important is that it helps build […]