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EXIT Real Estate Solutions Blog

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













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...
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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.
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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 ...

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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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