RISMedia wrote a great 10 Discipline article on building wealth Have you thought about what wealth actually means to you? In the conventional sense, you may think money. Wealth or being wealthy encompasses so much more than just money in the bank. Sure, money is a big part of wealth, but health, family, goal setting[…]
As the old saying goes, “An ounce of prevention is worth a pound of cure.” Today was a great reminder that winter maintenance is an essential part of being a homeowner. Nashville hasn’t seen weather like this in about a decade or so. With about 8″ of snowfall in less than 24 hours, it’s easy[…]
2015 December Middle TN housing market: Increased DOM by 2 days Days on market increased by 2 days Condo inventory rebounded Single Family Inventory continued to decrease Sale Pricing increased for both
Here’s what November 2015 looked like in Middle Tennessee: Days on the market remained 58 days. Single home inventory took a hit, decreasing 23% with price holding steady. Condos prices increased while inventory took a nose dive.
Read up on the actual TRID and CFPB changes for Real Estate closings in Nashville covered HERE in part 1. Here are my takeaways from these changes: 1. Borrowers will have increased opportunity to know exactly how much they’re spending, borrowing and paying back. This is good! 2. The 30-day standard or general closing period[…]
I’m sure if you’ve been planning a home purchase you’ve heard the acronym TRID and the abbreviation CFPB. Have you spent time researching what all those letters actually mean or how this alphabet soup could affect your purchase and sanity? Let’s start here: 1. TRID is the blending of the RESPA disclosure procedure with the[…]
Did you know that many homeowners sell, move and buy again within 7 years of their purchase? But let’s say you have no plans to pack up and start again, if you’re a long-hauler, you could save 7 years worth of interest on a 30 year mortgage effectively paying off your mortgage in 23 years!!![…]
Here’s what September looked like in Middle Tennessee: Days on the market held steady at 56 days Single home inventory took a dip 10% but pricing held steady Condos increased in median price but total units sold stayed the same
Thinking about a move to Tennessee and need local market data to get you started? Here’s 3rd quarter sales data for condos and single family homes in Rutherford County. Questions about what you’re reading or want to know what this means for you? Call me @ (615) 977-8444 or email whereyoulivetn@gmail.com