Monthly Archives: May 2015
If You are Thinking of Selling, Now’s the Time
If you thought about selling your house this year, now may be the time to do it. The inventory of homes for sale is well below historic norms and buyer demand is skyrocketing. We were still in high school when we learned the concept of supply and demand: the best time to sell something is... Read More
Take a Tour Tuesday – 549 N. Fifth
549 N. Fifth Avenue :: Memphis, TN :: 38105 Charming 3BR/2BA Home in Vibrant Downtown Area ~ Large Living Room/Dining Room Combo with Plenty of Space for Entertaining ~ Nice Kitchen with Lots of Cabinets & Counter Top Space ~ Master Bedroom Down with Double Closets ~ Two Bedrooms + Bathroom Upstairs ~ Fresh Interior... Read More
This is the largest private real estate project in U.S. history
The Hudson Yards project, on Manhattan’s west side, is the largest private real estate development in the U.S. Nothing of this scale has been done in New York City since Rockefeller Center was constructed in the 1930s. Hudson Yards will create 17 million square feet of commercial, residential and retail development over a total of... Read More
Take a Tour Tuesday – 5644 Walnut Grove
5644 Walnut Grove :: Memphis, TN :: 38120 Amazing, Updated 4BR Home ~ Refinished Hardwood Floors & Fresh Interior Paint Throughout ~ Huge Living Room with Fireplace ~ Spacious Great Room with Fireplace & Built-In Shelves ~ Formal Dining Room with Lots of Light ~ Beautiful Kitchen with Tons of Cabinet Space, Stainless Steel Appliances... Read More
Buying a Home is 35% Less Expensive than Renting!
In the latest Rent vs. Buy Report from Trulia, they explained that homeownership remains cheaper than renting with a traditional 30-year fixed rate mortgage throughout the 100 largest metro areas in the United States. The updated numbers actually show that the range is from an average of 16% in Honolulu (HI), all the way to 55% in... Read More
The Difference Your Interest Rate Makes [INFOGRAPHIC]
Some Highlights: Even a small increase in interest rates drastically impacts your budget. Securing a mortgage now while rates are still low means you can get more house for your money. Spend your money on your dream home, not on interest. Source: Keeping Current Matters / The KCM Crew 05152015 Read More
Natural Swimming Pools: 9 Myths Busted
Do you like the idea of a natural swimming pool but get squeamish thinking about mud between your toes and tadpoles clinging to your hair? Environmentally friendly, chemical-free natural swimming pools have low ongoing maintenance costs and are healthy alternatives to conventional pools. They’re fairly common in Europe but less so here in the U.S.,... Read More
Take a Tour Tuesday – 8241 Trinity
8241 Trinity :: Memphis, TN :: 38018 Charming 3BR Home You Can’t Miss~Beautiful Hardwood Floors in Main Living Areas~Huge Great Room w/ Wood Burning Fireplace~Formal Dining Room w/ Lots of Natural Light~Updated Eat-In Kitchen w/ Wonderful Back Splash & Lots of Cabinet Space~Laundry Room & Bonus Room (Perfect for Office) off Kitchen~Large Master Bedroom w/... Read More
The Truth About Rising Prices & Family Wealth
The National Association of Realtors (NAR) recently released a report revealing that the growing wealth gap in this country has been impacted by the recent increases in real estate values coupled with the drop in homeownership rates. The report discloses: “Over 90 percent of metro areas have experienced declining homeownership rates at a time when home values have risen... Read More
Do You Know The Cost of Renting vs. Buying?
Some Highlights: Historically the Percentage of your income needed to afford a home vs. renting was a much closer margin. Making renting make sense. Now… Renting will cost you 30.1% of your income compared to buying a median home at 15.3% of your income. Either way you’re paying a mortgage… why not have it be... Read More
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