According to Freddie Mac’s Primary Mortgage Market Survey, interest rates for a 30-year fixed rate mortgage are currently at their lowest for 2019. Rates like these haven’t been seen since February 2018! Last week’s survey results reported an interest rate of 4.35%. This is a welcome change from the near 5% rates seen in mid-November. At 4.32%, […]
Why A Normal Real Estate Market is Just What We Need
The housing market in Knoxville has been hot for a while now. Homes in certain price ranges have been flying off the shelves as fast as they have been listed. Buyers have been competing in bidding wars just to find a home to buy, let alone find their dream home. This ‘seller’s market’ has driven Knoxville home […]
SOLD! 1112 Irwin Road, Powell, TN 37849
SOLD IN 10 DAYS! Sitting on 1.23 acres in Powell with no restrictions, this 3 bedroom, 3 bath home is ready for your updates and priced accordingly. Upstairs find 3 bedrooms + 2 full baths, family room, dining room, kitchen, and sunroom. Venture down the cool, open, custom built stairway to the wide open lower […]
Would You Rather Be Paying Off Your Landlord’s Mortgage Or Your Own?
There are some people who haven’t purchased homes because they are uncomfortable taking on the obligation of a mortgage. However, everyone should realize that unless you are living with your parents rent-free, you are paying a mortgage – either yours or your landlord’s. As Entrepreneur Magazine, a premier source for small business, explained in their article, “12 Practical […]
4 Time Tested Ways Real Estate Can Build Family Wealth
Recently, David Greene, co-host of the BiggerPockets podcast and a nationally renowned author and speaker, wrote an article in Forbes explaining how investing in real estate could help build wealth. Many of the points he made also apply to a family owning their own home. Here are a few: 1. Appreciation “The rising of home prices over time, is how […]
ACT SOON! Homes are a Bargain Compared to Historic Norms
A loaf of bread used to be a nickel. A movie ticket was a dime. Not anymore. Houses were also much less expensive than they are now. Inflation raised the price of all three of those items, along with the price of almost every other item we purchase. The reason we can still afford to […]
The Best Time To List Your House, Might Be RIGHT NOW!
You may have heard that the housing market is softening. There is no doubt that buyer traffic has decreased. There are fewer purchasers in the market than there were last month and at this time last year. What you may not have heard, however, is that there is still a severe shortage of listing inventory […]
Mortgage Interest Rates Have Dipped Lately. Will The Lower Rates Stick Around?
Interest rates for a 30-year fixed rate mortgage climbed consistently throughout 2018 until the middle of November. After that point, rates returned to levels that we saw in August to close out the year at 4.55%, according to Freddie Mac’s Primary Mortgage Market Survey. After the first week of 2019, rates have continued their downward trend. As Freddie […]
3 Scams Targeting Homeowners, Home Sellers, and Home Buyers TODAY
*IMPORTANT INFO ON 3 CURRENT SCAMS HAPPENING NATIONWIDE* I sat down with Linda Reitz-Hamm of Superior Title & Escrow to talk about 3 scams out there that homeowners, home sellers, and home buyers MUST be aware of. People are losing MASSIVE amounts of money (totaling in the BILLIONS), so you’ll want to educate yourself on […]
2 Tips For Selling Your Home Fast and For Top Dollar
Every homeowner wants to make sure they maximize their financial reward when selling their home. But how do you guarantee that you receive the maximum value for your house? Here are two keys to ensure that you get the highest price possible. 1. Price it a LITTLE LOW This may seem counterintuitive, but let’s look […]
Top 4 Home Improvement Projects That Net The Most Return On Investment
Some Highlights: If you are planning on listing your house for sale this year, here are the top four home improvement projects that will net you the most Return on Investment (ROI). Minor bathroom renovations can go a long way toward improving the quality of your everyday life and/or impressing potential buyers. Upgrading your landscaping or curb […]
House Hunting in Knoxville: What Should Seniors Know?
Choosing Knoxville for your retirement plan is a wise choice. One study, evaluating key elements like cost of living, quality of life and employability, determined that Knoxville is the number one destination for people looking to retire early. There are many considerations seniors need to take into account when buying a home – health, budget, […]