Friday, March 17, 2017 / by Brenda Neely
Tuesday, February 14, 2017 / by Tina Redding
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 ...
Wednesday, February 08, 2017 / by Tina Redding
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.”
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 ...
Tuesday, February 07, 2017 / by Tina Redding
Tina Redding, REALTOR ®
EXIT Real Estate Solutions
Cell (615)268-5985/Office (615)826-0001
2017 OUTLOOK: WILL POLICY CHANGES EXTEND THE EXPANSION?
Despite a strong year-end performance by the stock market and a post-election jump in confidence among consumers and businesses, limited information on the new Administration's potential economic...
SHADOW INVENTORY: MORE HOUSES WILL SOON BE AVAILABLE FOR SALE
All signs point to an improved housing market - home values are up by about 30 percent since 2012, they're selling faster, and overall demand is high. But this recovery has led to a dramatic decrease.
MUST HAVE HOME FEATURES
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 ...