PODCAST

Memphis Real Estate Podcast with Melissa Thompson

If you are looking to buy or sell a home, get all the information and the latest updates, tips, and tricks from The Melissa Thompson Team - your professional Memphis Real Estate Agents.

business management & marketing

All Episodes

Buying a home can be SCARY…Until you know the FACTS

Memphis Real Estate Podcast with Melissa Thompson ·

2019/10/25

Some Highlights:Many potential homebuyers believe they need a 20% down payment and a 780 FICO® score to qualify to buy a home. This stops many people from even trying to jump into homeownership! Here are some facts to help take the fear out of the process: 71% of buyers who purchased homes have put down less than 20%. 78.1% of loan applications were approved last month. In September, the average credit score for approved loans was 737. ContactThe Melissa Thompson Teamat901-729-9526

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Homes Are Selling Quickly

Memphis Real Estate Podcast with Melissa Thompson ·

2019/10/18

Some Highlights: TheNational Association of REALTORS®surveyed their members for the release of theirConfidence Index. TheREALTORS® Confidence Indexis a key indicator of housing market strength based on a monthly survey sent to over 50,000 real estate practitioners. Practitioners are asked about their expectations for home sales, prices, and market conditions. Homes across the country are selling quickly, in an average of just 31 days. 49% of homes sold in less than a month. ContactThe

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What You Need to Know About the Mortgage Process

Memphis Real Estate Podcast with Melissa Thompson ·

2019/10/11

Some Highlights: Many buyers are purchasing homes with down payments as little as 3%. You may already qualify for a loan, even if you don’t have perfect credit. Your local professionals are here to help you determine how much you can afford, so take advantage of the opportunity to learn more. ContactThe Melissa Thompson Teamat901-729-9526 orMelissa@YourKeytoMemphis.comto start the search for your new home! By: KCM Crew

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5 Homebuying Acronyms You Need to Know

Memphis Real Estate Podcast with Melissa Thompson ·

2019/10/04

Some Highlights: Learning the lingo of homebuying is an important part of feeling successful when buying a home. From APR to P&I, you need to know the acronyms that will come up along the way, and what they mean when you hear them. Your local professionals are here to help you feel confident and informed from start to finish…and this infographic will help you as you go. ContactThe Melissa Thompson Teamat901-729-9526 orMelissa@YourKeytoMemphis.comto start the search for your new

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What Is the Cost of Waiting Until Next Year to Buy?

Memphis Real Estate Podcast with Melissa Thompson ·

2019/09/27

Some Highlights: The “cost of waiting to buy” is defined as the additional funds necessary to buy a home if prices and interest rates were to increase over a period of time. Freddie Macforecastsinterest rates will rise to 3.8% by Q4 2020. CoreLogicpredictshome prices will appreciate by 5.4% over the next 12 months. If you’re ready and willing to buy your dream home, now is a great time to buy. ContactThe Melissa Thompson Teamat901-729-9526 orMelissa@YourKeytoMemphis.comto start the search

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4 Reasons to Sell This Fall

Memphis Real Estate Podcast with Melissa Thompson ·

2019/09/20

Some Highlights: Buyers are active in the market and often competing with one another for available listings. Housing inventory is still under the 6-month supply found in a normal housing market. Homes are still selling relatively quickly, averaging 31 days on the market. ContactThe Melissa Thompson Teamto find out how much your home is worth in today's market!Reach us at901-729-9526 orMelissa@YourKeytoMemphis.com. By: KCM Crew

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6 Graphs Showing the Strength of the Current Housing...

Memphis Real Estate Podcast with Melissa Thompson ·

2019/09/13

Some Highlights: Keeping an eye on the current status of the housing market is one of the best ways to make powerful and confident decisions when buying or selling a home. Mortgage rates remaining near historic lows and houses selling in an average of only 29 days are just two key elements driving the strength of today’s market. With the national data shown here, make sure to also determine what’s happening in your local market so you are fully informed when you’re ready to make your next

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A+ Reasons to Hire a Real Estate Pro

Memphis Real Estate Podcast with Melissa Thompson ·

2019/09/06

Some Highlights: Hiring a real estate professional to help you buy your dream home or sell your current house is one of the most powerful decisions you can make. A real estate professional has the experience to help you confidently navigate through the entire process. Make sure you work with someone who knows the current market conditions andcan simply and effectively explain them to you and your family. The professional's with The Melissa Thompson Team are here to answer all your

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A Recession Does Not Equal a Housing Crisis

Memphis Real Estate Podcast with Melissa Thompson ·

2019/08/30

Some Highlights: There is plenty of talk in the media about a pending economic slowdown. The good news is, home values actually increased in 3 of the last 5 U.S. recessions, and decreased by less than 2% in the 4th. Manyexperts predicta potential recession is on the horizon. However, housing will not be the trigger, and home values will still continue to appreciate. It will not be a repeat of the crash in the 2008 housing market. ContactThe Melissa Thompson Teamat901-729-9526

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A Latte a Day Keeps Homeownership Away

Memphis Real Estate Podcast with Melissa Thompson ·

2019/08/23

Some Highlights: The pumpkin spice latte is launching soon, so you may be tempted to spend your extra cash on a daily caffeine fix, but that small expense can add up to a big number – fast! Saving for a down payment takes a little discipline, so limiting your extra purchases (like a latte a day from your favorite coffee shop) will help you get there faster. Depending on where you live, putting away just a small amount each day will get you to the average down payment you may need for

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Buying a Home: Do You Know the Lingo?

Memphis Real Estate Podcast with Melissa Thompson ·

2019/08/16

Some Highlights: Buying a home can be intimidating if you’re not familiar with the terms used throughout the process. To point you in the right direction, here’s a list of some of the most common language you’ll hear when buying a home. The best way to ensure your home-buying process is a positive one is to find a real estate professional who will guide you through every aspect of the transaction with‘the heart of a teacher.’ ContactThe Melissa Thompson Teamat901-729-9526

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Rent Vs. Own

Memphis Real Estate Podcast with Melissa Thompson ·

2019/08/09

Some Highlights: Owning your own home vs. renting may lead to some great options, such as locking in your monthly payments and having the freedom to customize your living space. Whether you rent or own, you have to cover someone’s mortgage costs. You may as well be doing so to build your own wealth, rather than that of your landlord. Renting and owning both have up-front fees when you sign your lease or close, respectively. Think about putting that money to work for you! ContactThe Melissa

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Existing Home Sales Point Toward a Good Time to Sell

Memphis Real Estate Podcast with Melissa Thompson ·

2019/08/02

Some Highlights: Existing Home Salesdropped 1.7% from May to a seasonally adjusted annual rate of 5.27 million in June. Low inventory levels are still a factor in the market. The current supply of homes for sale is at 4.4 months, which is less than the optimal 6-month supply. Median home prices were up 4.3% from June 2018, hitting $285,700. This marked the 88thconsecutive month with year-over-year price gains. ContactThe Melissa Thompson Teamat901-729-9526 orMelissa@YourKeytoMemphis.comto

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Home Prices Up 5.05% Across the Country

Memphis Real Estate Podcast with Melissa Thompson ·

2019/07/26

Some Highlights: TheFederal Housing Finance Agency(FHFA)recently released their latestQuarterly Home Price Indexreport. In the report, home prices are compared both regionally and by state. Based on the latest numbers, if you plan on relocating to another state, waiting to move may end up costing you more! ContactThe Melissa Thompson Teamat901-729-9526 orMelissa@YourKeytoMemphis.comto start the search for your new home! By: KCM Crew

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The Cost of Waiting: Interest Rates Edition

Memphis Real Estate Podcast with Melissa Thompson ·

2019/07/19

Some Highlights: Interest rates areprojectedto increase steadily heading into 2020. The higher your interest rate, the more money you will end up paying for your home and the higher your monthly payment will be. Rates are still low right now – don’t wait until they hit 5% to start searching for your dream home! ContactThe Melissa Thompson Teamat901-729-9526 orMelissa@YourKeytoMemphis.comto start the search for your new home! By: KCM Crew

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Is Your First Home Now Within Your Grasp?

Memphis Real Estate Podcast with Melissa Thompson ·

2019/07/12

Some Highlights: According to theUS Census Bureau,“millennials” are defined as 18-36-year-olds. According to NAR’s latestProfile of Home Buyers & Sellers,the median age of all first-time home buyers is 32. More and more “old millennials” (25-36) are realizing that homeownership is within their grasp now! ContactThe Melissa Thompson Teamat901-729-9526 orMelissa@YourKeytoMemphis.comto start the search for your new home! By: KCM Crew

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10 Steps to Buying a Home This Summer

Memphis Real Estate Podcast with Melissa Thompson ·

2019/07/05

Some Highlights: If you are thinking of buying a home, you may not know where to start. Here is a simple list of 10 steps that you will go through to purchase a home. Make sure to ask your agent for details about each step and what else may be required in your area! ContactThe Melissa Thompson Teamat901-729-9526 orMelissa@YourKeytoMemphis.comto start the search for your new home! By: KCM Crew

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Americans Rank Real Estate Best Investment for 6...

Memphis Real Estate Podcast with Melissa Thompson ·

2019/06/28

Some Highlights: Real estate has outranked stocks/mutual funds, gold, savings accounts/CDs, and bonds as thebest long-term investmentamong Americans for the last 6 years. Stock owners are more positive about real estate than stocks as an investment. Of the 4 listed, real estate is the only investment you can also live in! ContactThe Melissa Thompson Teamat901-729-9526 orMelissa@YourKeytoMemphis.comfor ALL your Real Estate needs! By: KCM Crew

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4 Reasons to Sell This Summer

Memphis Real Estate Podcast with Melissa Thompson ·

2019/06/21

Some Highlights: Buyer demand continues to outpace the supply of homes for sale. This means that buyers are often competing with one another for the few listings that are available. Housing inventory is still under the 6-month supply needed to sustain a normal housing market. Now may be the time for you and your family to move on and start living the life you desire! ContactThe Melissa Thompson Teamat901-729-9526 orMelissa@YourKeytoMemphis.comto find out how much your current home is

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Top 4 Renovations for the Greatest Return on Investment!

Memphis Real Estate Podcast with Melissa Thompson ·

2019/06/14

Some Highlights: If you are planning on listing your house for sale this year, these fourhome improvement projectswill net you the most Return on Investment (ROI). Minor renovations can go a long way toward improving the quality of your everyday life and/or impressing potential buyers. Whether you plan to stay in your house for a long time or just a few years, it’s smart to know which home renovations add the most value. ContactThe Melissa Thompson Teamat901-729-9526

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Memphis Real Estate Podcast with Melissa Thompson

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