https://youtu.be/dAQYgvzwO_U VIDEO DIALOGUE: Preparing to purchase a house is a daunting task. But the biggest hurdle to cross early on is to save enough money for a down payment, which will include budgeting to get your monthly overhead down. So let’s talk about budgeting and how to save money. I’m going to offer a few suggestions that I’ve found to be helpful. Suggestion #1. This is not at the top of my list for any other reason than budgeting, [...]
After their upside surprise in April, New Home Sales blasted ahead 16.6% in May, to a 676,000 annual rate. Sales are up 12.7% from a year ago, the 12-month average just 1.1% below February’s post-2008 high. Existing Home Sales dropped 9.7% in May, to 3.910 million annually. But those contracts were signed at the height of the lockdowns, while New Home Sales, logged at contract signing, are a timelier indicator of current activity. Freddie Mac: “After the Great Recession, it took more than ten years for purchase [...]
https://youtu.be/n8j0GOgpN80 VIDEO DIALOGUE: I’m a dad, and I’ve been a sole proprietor for most of my career. That said I have to think about what I’m doing to save for my family, for my son’s college and for mine and my wife’s retirement often, because it’s not built into my income like at most 9-5 jobs. If you’re anything like me, you’re always looking for those ways to set money aside, or make passive income to help support [...]
Home building rebounds: Housing Starts went up 4.3% in May, Building Permits spiked 14.4%, and the National Association of Home Builders confidence index's biggest ever monthly gain took it into positive territory. With the economy turning around, Freddie Mac noted, “one segment that is exhibiting strength is the housing market. Purchase demand activity is up over 20% from a year ago, the highest since January 2009.” Fannie Mae sees record-low mortgage rates into 2021 helping prices and builds, and taking 2020 refinances to their highest level [...]
The Mortgage Bankers Association pegged purchase applications up for the eighth straight week, coming in 13% higher than a year ago, noting “the recovery in the purchase market continues to gain steam.” On a deep dive since March, Fannie Mae’s Home Purchase Sentiment Index finally turned higher in May, indicating consumer views are improving as the economy begins to show signs of recovery from the coronavirus crisis. A Zillow statement said, “New for-sale listings are up 19.3% month over month” and “newly pending [...]
https://youtu.be/__TKlqqHwB0 VIDEO DETAILS 708 Meridian St, Nashville TN 37207 Offered by Joshua C Smith with TN Home Agent of Benchmark Realty, LLC 708Meridian.truesourceent.com This beautiful 3 bed 2 bath, 1833 sqft Queen Anne-style Victorian nestled in the McFerrin Park area of East Nashville is your ideal historic home. It has been lovingly cared for and restored to modern living standards while keeping the integrity of its historic value by its recent owners, and is move-in ready. It’s hard [...]
Freddie Mac’s chief economist notes, “...all signs continue to point to a solid recovery in home sales activity heading into the summer as prospective buyers jump back into the market.” In fact, the Mortgage Bankers Association reported purchase applications rose for the seventh week in a row, spiking 18% over last year, citing “pent-up demand from home buyers returning to the market.” Realtor.com’s chief economist chimes in: “We're seeing more home buyers in the market than we did this time last year." She adds: "It's [...]
https://youtu.be/TAZwwfqBIfo VIDEO DIALOGUE: It’s not uncommon to question whether you want to buy an existing home versus a brand new build, so it’s important to know the benefits and concerns for both. Some benefits of new construction are that if you opt for a custom built home, you can pick your floor plan and paint colors. They come with new appliances, maybe even the smart kind that can connect to your bluetooth and have speakers built in. Maintenance [...]
https://www.youtube.com/watch?v=4G-FmErMrbc VIDEO DIALOGUE It’s Buyer’s season. And it can be very competitive. Paired with the inherent difficulties of buying property, right now especially, this can make the buying process long and difficult. But don’t be discouraged. I wanted to throw out a couple suggestions I tell my clients when we’re looking at houses this time of year in particular, but it’s good advice for any time of year and most markets I’m sure. And this information is important [...]
$450,000 For Sale 708 Meridian St Nashville, TN 37207 3 Beds, 2 Bath, 1833 SqFt Want to see it in person before the open house? Schedule a Showing Meet the Agent Schedule your showing using the link provided on this page to see the property prior to the open house, or at any time while this listing is active. Call me directly at 615.235.3410 Or email [...]
