Latest Posts
Buying a House This Year? This Should Be Your VERY 1st Step!
One of the many advantages of working with a local real estate professional is that many have relationships with lenders who will be able to help you through this process. Selecting a local lender has several benefits. We understand that hopping online seems easier for you––you can fill out the application, never have to see the person lending, etc. However, when you find the home of your dreams, you don't want a face-less person in charge. Three reasons to select a local lender:
- A local lender cares about his/her reputation in the community and therefore is more likely to keep his/her word and do a good job in meeting the deadlines necessary for closing your home on time.
- A local lender understands that he/she will need to work with a local real estate agent again in order to keep his/her career in tact. An online lender will not care about communication, meeting deadlines, etc because the likelihood of seeing either the agent or Buyer again is very uncommon.
- A local lender comes under the TRID guidelines and are limited on how much they can charge, what they are required to communicate to the Buyer so the Buyer understands the process, how much money will be required out of pocket and how much they will be charged for the loan.
Just How Strong Is the Housing Recovery?
The residential real estate market has definitely been the shining light in this country’s current economic situation. All-time low mortgage rates coupled with a new appreciation of what a home truly means has caused the housing market to push forward through this major health crisis. Let’s look at two measures that explain the resilience of the real estate market.
The Beginning of an Economic Recovery
The news these days seems to have a mix of highs and lows. We may hear that an economic recovery is starting, but we’ve also seen some of the worst economic data in the history of our country. The challenge today is to understand exactly what’s going on and what it means relative to the road ahead. We’ve talked before about what experts expect in the second half of this year, and today that progress largely hinges upon the continued course of the virus.
How Is Remote Work Changing Homebuyer Needs?
With more companies figuring out how to efficiently and effectively enable their employees to work remotely (and for longer than most of us initially expected), homeowners throughout the country are re-evaluating their needs.
- Do I still need to live close to my company’s office building?
- Do I need a larger home with more office space?
- Would making a move to the suburbs make more sense for my family?
All of these questions are on the table for many Americans as we ride the wave of the current health crisis and consider evolving homeownership needs.
JULY WAS A VERY GOOD MONTH FOR HOME SALES!
JULY WAS A VERY GOOD MONTH FOR HOME SALES!
We added more detail on each County since Davidson seems to not be in line with the others right now.
Home Sales Hit a Record-Setting Rebound
With a worldwide health crisis that drove a pause in the economy this year, the housing market was greatly impacted. Many have been eagerly awaiting some bright signs of a recovery. Based on the latest Existing Home Sales Report from the National Association of Realtors (NAR), June hit a much-anticipated record-setting rebound to ignite that spark.
What is going to happen to the housing market in the second half of the year?
One of the biggest questions on everyone’s minds these days is: What’s going to happen to the housing market in the second half of the year? Based on recent data on the economy, unemployment, real estate, and more, many economists are revising their forecasts for the remainder of 2020 – and the outlook is extremely encouraging. Here’s a look at what some experts have to say about key areas that will power the industry and the economy forward this year.
Why This Summer is the Season for Real Estate
With stay-at-home orders starting to gradually lift throughout parts of the country, data indicates homebuyers are jumping back into the market. After many families put their plans on hold due to the COVID-19 pandemic, what we once called the busy spring real estate season is shifting into the summer. In 2020, summer is the new spring for real estate.
Will the home values in Middle TN be affected by COVID19?
With the housing market staggered to some degree by the health crisis the country is currently facing, some potential purchasers are questioning whether home values will be impacted. The price of any item is determined by supply as well as the market’s demand for that item.
