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    EXIT Real Estate Solutions Blog

    Friday, January 06, 2017   /   by Tina Redding

    Tina's Tips Real Estate News January 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













    EQUITY STACKED-HOMEOWNER WEALTH ON THE RISE
    Homes in markets across the nation have regained value since the recession, affording homeowners the ability to accumulate wealth through equity - also known as "equity stacking". Two recent...
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    POST-ELECTION HOUSING SENTIMENT: TOO SOON TO TELL
    More Americans expect home prices to rise, according to Fannie Mae's recently released Home Purchase Sentiment Index® (HPSI) - but that expectation is likely muddled by the charged election...
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    HOW TO KEEP YOUR PIPES FROM FREEZING
    Winter means toasty fires, steaming cups of hot cocoa and - for many - frozen pipes. Frozen pipes can lead to major damage, so it's important to keep them protected when cold air hits.Experts...
    more >& ...

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    Thursday, December 15, 2016   /   by Tina Redding

    Why You Shouldn’t Take Your House Off the Market During the Holidays

    If you are one of the many homeowners who is debating taking your home off the market for the next few weeks, don’t! You will miss the great opportunity you have right now!


    The latest Existing Home Sales Report from The National Association of Realtors (NAR), revealed that the inventory of homes for sale has dropped to a 4.3-month supply.


    Historically, a 6-month supply is necessary for a ‘normal’ market, explained below:



    There are more buyers that are ready, willing, and able to buy now than there have been in years! The supply of homes for sale is not keeping up with the demand of these buyers.



    Bottom Line



    Home prices are appreciating in this seller’s market. Making your home available over the next few weeks will give you the most exposure to buyers who will be competing against each other to buy it.


    Reference: Keeping Current Matters

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    Saturday, December 10, 2016   /   by Tina Redding

    When Is a Good Time to Rent? Not Now!

     







    People often ask if now is a good time to buy a home. No one ever asks when a good time to rent is. However, we want to make certain that everyone understands that today is NOT a good time to rent.
    The Census Bureau recently released their third quarter median rent numbers. Here is a graph showing rent increases from 1988 until today:

    As you can see, rents have steadily increased and are showing no signs of slowing down. If you are faced with the decision of whether you should renew your lease or not, you might be pleasantly surprised at your ability to buy a home of your own instead.
    Bottom Line
    One way to protect yourself from rising rents is to lock in your housing expense by buying a home. If you are ready and willing to buy, let’s get together to determine if you are able to, today!

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    Friday, December 09, 2016   /   by Tina Redding

    Making Homeownership A Reality For More People

    EXIT Real Estate Solutions is working with an amazing lease with Right to Purchase program. If you qualify for the program, you get to pick a house that is FOR SALE based on your approved rent, in a community where they purchase and you would get to rent that house. The investment firm purchases the home, and you are only obligated to a 1 YEAR LEASE term at a time, with a right to renew your lease for up to 5 years. You can purchase the home at any time for a pre-agreed upon price. Interested? Contact me directly!

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