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  • Tonya Squires

    EXIT Real Estate Solutions Blog

    Tuesday, February 14, 2017   /   by Tina Redding

    First Comes Love… Then Comes Mortgage?

    According to the National Association of REALTORS most recent Profile of Home Buyers & Sellers, married couples once again dominated the first-time homebuyer statistics in 2016 at 58% of all buyers. It is no surprise that having two incomes to save for down payments and contribute to monthly housing costs makes buying a home more attainable.

    But, many couples are also deciding to buy a home before spending what would be a down payment on a wedding, as unmarried couples made up 14% of all first-time buyers last year.

    If you’re single, don’t fret! Single women made up 18% of first-time buyers in 2016, while single men accounted for 8% of buyers. One recent article pointed to a sense of responsibility and commitment that drives many single women to want to own their home, rather than rent.

    Here is the breakdown of all first-time homebuyers in 2016 by percentage of all buyers, income, and age:

    Bottom Line ...

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    Wednesday, February 08, 2017   /   by Tina Redding

    Homeowner’s Net Worth Is 45x Greater Than A Renter’s

    Put Your Housing Cost to Work for You

    As we’ve said before, simply put, homeownership is a form of ‘forced savings.’ Every time you pay your mortgage, you are contributing to your net worth. Every time you pay your rent, you are contributing to your landlord’s net worth.

    The latest National Housing Pulse Survey from NAR reveals that 85% of consumers believe that purchasing a home is a good financial decision. Yun comments:

    “Though there will always be discussion about whether to buy or rent, or whether the stock market offers a bigger return than real estate, the reality is that homeowners steadily build wealth. The simplest math shouldn’t be overlooked.”

    Bottom Line

    If you are interested in finding out if you could put your housing cost to work for you by purchasing a home, let’s get together and evaluate your ability to buy today!

    Find out what your rent is worth in mortgage dolla ...

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    Tuesday, February 07, 2017   /   by Tina Redding

    Tina's Tips February 2017

    "A house is made of walls and beams; A home is built with love and dreams."

    Tina Redding, REALTOR ®
    EXIT Real Estate Solutions
    Cell (615)268-5985/Office (615)826-0001

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    An outdoor kitchen. Double sinks in the master bath. A wrap-around porch. Solar panels. There are just so many things we want our new home to have. However, when shopping for our d ...

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