It’s coming down to the final stretch of the calendar year and we’re all running as fast as we can. Today brought some exciting news for mortgage rates – another day below 7%, and the 10-year Treasury at its lowest in over a year means we *think* the rate peak has passed for now, and… Continue reading Happy Holidays + Honey Update
Category: Buying
Market Update + Fried Sage
How’s the market? Well, what have you heard? There’s always a lot of chatter when there are shifts in the market and some of it is accurate, and some of it isn’t. Are interest rates at an all-time high? No, but they are at a 20 year high. That said, the higher rates now are… Continue reading Market Update + Fried Sage
Spring Market + Seasoned Sunday
It’s been a rollercoaster in real estate the last few years, and this Spring has been no exception. As interest rates rose, many Buyers took a pause out of fear they would drop again pay too much. Then as they got used to the idea that 6.5% is actually not terrible, just not the bargain… Continue reading Spring Market + Seasoned Sunday
Local Recession Thoughts + Happy Thanksgiving
While some recent pundits have predicted all doom and gloom for the housing market, I think Nashville is still in a stronger position than other markets nationally. Why? Our job market is strong and people still want to live here. Nashville/Davidson/Murfreesboro/Columbia, TN Unemployment Rate is at 2.50%, compared to 2.80% last month and 3.10% last… Continue reading Local Recession Thoughts + Happy Thanksgiving
September News + Steps to Home Buying
Many of us are seeing a some softening in certain areas of town, and in certain price points, but you wouldn’t really know it from these numbers. Stats for August are as follows. Davidson County Home sales prices in Nashville and Davidson County continued climbing through the summer. The total number of units sold in… Continue reading September News + Steps to Home Buying
August News + Multiple Offer Strategies
I didn’t do a newsletter in July, since so many of us are on the go, avoiding screens, and enjoying Summer! I have the market numbers for July, which are still marking increases over the same time last year. Davidson County The total number of units sold in July were up 1% while average home… Continue reading August News + Multiple Offer Strategies
April Newsletter + Did You Know?
Hello! This month, we have our monthly stats, (no slowdown yet) some FAQs/refresher tips on first time home buying, and a Spring recipe to get us in the spirit of the season amid the green pollen film currently falling all over EVERYTHING.
Buying and Selling in the Winter Months
Sometimes your best laid plans are disrupted, or there is an unexpected relocation. Regardless of the reason, there will always be buyers and sellers in Winter. While Spring and Summer are the high season for home sales, Winter transactions have their advantages. If you don’t mind a smaller pool of homes for sale, or moving… Continue reading Buying and Selling in the Winter Months
Know Before You Owe: Anticipating TRID Changes
What is TRID, and do I even care? As a buyer looking to purchase a home with financing after October 3rd 2015, this will affect you! TRID is an acronym for TILA (Truth in Lending Act), RESPA (Real Estate Settlement Procedures Act) Integrated Disclosure Rule. It combines existing disclosures with new requirements from the Dodd-Frank Act in… Continue reading Know Before You Owe: Anticipating TRID Changes
