Memphis Real Estate Podcast with Melissa Thompson

Some Highlights: The “cost of waiting to buy” is defined as the additional funds necessary to buy a home if prices & interest rates were to increase over a period of time. Freddie Macforecastsinterest rates to rise to 4.5% by the Q4 2020. CoreLogicpredictshome prices to appreciate by 4.8% over the next 12 months. If you are ready and willing to buy your dream home, find out if you are able to! ContactThe Melissa Thompson Teamat901-729-9526 orMelissa@YourKeytoMemphis.comto find your new

Some Highlights: June is National Homeownership Month! Now is a great time to reflect on the many benefits of homeownership that go way beyond the financial. What reasons do you have to own your own home? ContactThe Melissa Thompson Teamat901-729-9526 orMelissa@YourKeytoMemphis.comto find your new home! By: KCM Crew

Some Highlights: TheNational Association of Realtorssurveyed their members & released the findings of theirProfile of Home Staging. 62% of seller’s agents say that staging a home decreases the amount of time a home spends on the market. 50% of staged homes saw a 1-10% increase in dollar-value offers from buyers. 77% of buyer’s agents said staging made it easier for buyers to visualize the home as their own. The top rooms to stage in order to attract more buyers are the living room, master

Home values have softened over the last twelve months. We are no longer seeing 6-7% annual appreciation levels for the national housing market. The current numbers are closer to 4%. Some have suggested that year-over-year appreciation levels could fall to 3% or less this year. However, a stronger-than-expected economy and a good spring housing market have changed some opinions. Some analysts are now predicting that home value appreciation may begin to increase as we move forward. Here are three

Some Highlights: An emerging trend for some time now has been the difference between available inventory and demand in the premium and luxury markets and that in the starter and trade-up markets and what those differences are doing to prices! Inventory continues to rise in the luxury and premium home markets which is causing prices to cool. Demand continues to rise with lower-than-normal inventory levels in the starter and trade-up home markets, causing prices to rise on a year-over-year basis