As we see inventory rise, as well as rates going up, I have been hearing rumblings of the market is about to crash!!! Nothing could be further from the truth. The only time a real estate market crashes is when there is way more inventory than qualified buyers. A perfect example is 2008 when 6 out ... Read more about Where is the market going?
In this low inventory market have you wished you could find a home, buy it, then get yours ready to sell? You might ask, "How? That seems backwards right?" You're thinking, "If I put my home on the market and can't find "the one" to buy I'll be forced to either try to lease back from my ... Read more about Can you buy before selling? Not a Question!
Selling or buying a home is as personal a thing as someone can do. It's your nest, it's your base, and it's your safe place when the world is crazy. Only you know when it's time to make a move. I like to keep you informed with the numbers so here goes... Overall greater Memphis market (residential ... Read more about December Numbers
This is one of my most frequently asked questions, and people are surprised at my answer. Believe it or not, the fall and winter holidays can be a great time to get on the market. First, most homes are decorated for the season and can have a very warm, inviting feel to them. This is a huge plus ... Read more about Are the Holidays a good time to sell?
Hi from Billy T. Experienced leading lenders in your market can be a great asset, giving peace of mind and assurance that your deal will be one that will close with ease and be problem-free with accurate financing. A local lender has specific knowledge of the market in your area. ... Read more about Advantages of Using a Local Lender
Tips for Buying a House in a Seller's Market Depending on your location, your experience as a home buyer, and the state of the market, the home-buying process might feel a bit intimidating. If you’re in the market to buy a new home this Spring, it’s important to equip yourself ... Read more about Tips for Buying a House in a 'Seller's Market'
Unless you have been under a rock, or just not paying attention, you probably know how low our inventory (the number homes for sale) has been. The last 24 months, even more so the last 12, have been a "seller's market". What's a seller's market? First, this means there are ... Read more about How's the Memphis Market? Feb 4th, 2021
So, what's the deal with Zillow? Is it the best way to shop for a new home? Yes, it is a cool website with lots of features, however here are some things you should know. After 35+ years of selling homes, I have seen and heard a lot. Lately, one of the things I ... Read more about Is Zillow the best place to search for a home?
The season you sell your home can have an impact on how much you get for your home and how quickly it sells. The season that has the most success in selling homes is spring. This is a good time of year for families moving to new school districts and is also more convenient weather for moving. ... Read more about Why You Should Consider Selling in the Winter
There has been some discussion recently on home prices in relation to mortgage rates. Some believe if there is a rapid rise of mortgage rates, home prices should decrease. Logically it makes the most sense for the price of the house to drop when interest rates are rising, but this is not always ... Read more about Will Increasing Mortgage Rates Impact Home Prices?
Potential homebuyers are always cautioned to be aware of mortgage lending standards and the difficulty they might face when trying to obtain a mortgage. Credit availability is expanding, making it easier to get a mortgage now than it was a year ago. The market is still tight however, and ... Read more about Is Getting a Home Mortgage Still Too Difficult?
It is easy to become overwhelmed when you enter the home buying market. Friends, family, colleagues, and even acquaintances will give you their opinions if you are a first time home buyer. While most of them are looking out for your best interest, they are not fully aware of what is happening in ... Read more about Common Things to Look Out for Before Buying Your Dream Home