Appraiser-Realtor Wondering if Wall Street is buying up all the homes? Here’s the truth: investors only bought about 17% of homes sold in Q2. That’s actually come down from the 20% high just a few years ago. And on top of that, most investors aren’t big corporations at all. They’re everyday people like your neighbors who just happen to own a second home or rental property. Have questions? DM me and let’s clear up this myth. #homeownership #homebuyers MemphisGlenn.com

Appraiser-Realtor Is Wall Street Really Buying All the Homes? The idea that Wall Street is buying up all the homes is largely a myth. Most investors are small ones, and the share of homes purchased by investors is declining – so you can take this one off your worry list. If you have questions about the housing market, let’s talk. #opportunity #expertanswers MemphisGlenn.com

Appraiser-Realtor The Majority of Veterans Are Unaware of a Key VA Loan Benefit Owning a home is a key part of the American Dream, and VA home loans are a powerful benefit for those who’ve served our country. Let’s connect to make sure you have everything you need to make confident decisions in the housing market. MemphisGlenn.com

Appraiser-Realtor The Big Difference Between Renter and Homeowner Net Worth If you’re torn between renting or buying, don’t forget to factor in the wealth-building power of homeownership. Unlike renters, homeowners gain equity as they pay their mortgage and as home values rise. That’s why, on average, a homeowner’s net worth is nearly 40x higher than a renter’s. Let’s connect if you want to learn more about the financial benefits of homeownership or the programs that can help make buying possible. #homegoals #opportunity MemphisGlenn.com

Appraiser-Realtor The Big Difference Between Renter and Homeowner Net Worth On average, a homeowner’s net worth is nearly 40x higher than a renter’s. If you’re ready and able to buy, you have the chance to start gaining equity and growing your wealth. And if homeownership feels out of reach, let’s connect to talk about the programs that can help. #rentorbuy #homeownership MemphisGlenn.com

Appraiser-Realtor Ready to move on from your current house but don’t know if you should rent it out or sell it? It’s a decision more homeowners are thinking about. Ultimately, the choice is a personal one and should align with your lifestyle goals and financial situation. DM me and I can help walk you through the pros and cons of renting your house versus selling it and offer advice about the best fit for you. #realestateadvice #realestatetips MemphisGlenn.com

Appraiser-Realtor More Homes, Slower Price Growth – What It Means for You as a Buyer More housing options – and the slower home price growth they bring – can help you find and buy a home that works for your lifestyle and budget. So don’t hesitate to reach out if you want to talk about the growing number of choices you have right now. #firsttimehomebuyer #opportunity MemphisGlenn.com

Appraiser-Realtor What’s Motivating Homeowners To Move Right Now Selling your home isn’t just about market conditions or mortgage rates—it’s also about making the best decision for your lifestyle and future. As Bankrate says: “Deciding whether it’s the right time to sell your home is a very personal choice. There are numerous important questions to consider, both financial and lifestyle-based . . . Your future plans and goals should be a significant part of the equation.” If a major life change has you thinking about moving, now might still be the right time to sell. Let’s connect so you have an expert to help you navigate the process. #sellyourhouse #realestategoals MemphisGlenn.com

Appraiser-Realtor Here’s a powerful look at the net worth gap between homeowners and renters. The latest data shows homeowners, on average, have nearly 40 times the net worth of renters. That’s because owning a home helps build wealth over time thanks to rising home values and growing equity. Let’s chat so I can help you see the financial benefits of buying instead of renting. And if homeownership feels out of reach right now, I can help you explore programs that can help too. #rentvsbuy #homeequity MemphisGlenn.com

Appraiser-Realtor Why You Need an Agent To Set the Right Asking Price The #1 task sellers struggle with is setting the right asking price for their house. To make sure your house is priced to sell, you need an agent’s expertise. Let’s connect and find that sweet spot. #sellyourhouse #realestateagent MemphisGlenn.com

Appraiser-Realtor Why You Need an Agent To Set the Right Asking Price The #1 task sellers struggle with is setting the right asking price for their house. Without an agent’s help, you may set a price that turns away buyers and takes a long time to sell. To make sure your house is priced right, let’s connect. Because, if the price isn’t compelling, it’s not selling. #sellyourhouse #moveuphome MemphisGlenn.com

Appraiser-Realtor Renting vs. Buying: The Net Worth Gap You Need To See If you’re not sure if you should rent or buy, keep in mind that if you can make the numbers work, owning a home can really grow your wealth over time. And if homeownership feels out of reach, let’s connect so we can explore programs that may make buying possible. #opportunity #homegoals MemphisGlenn.com

Appraiser-Realtor Expect the Unexpected: Anticipating Volatility in Today’s Housing Market The housing market may be experiencing some shifts, but don’t let it stop you from making your move. With the support of an experienced real estate agent and a trusted lender, you’ll be ready to navigate the changes and make the most of the opportunities that come your way. Let’s turn any uncertainty into your advantage, helping you move forward with confidence. #realestateexpert #expertanswers MemphisGlenn.com

Appraiser-Realtor Right now, there are a lot of factors that are creating uncertainty in the housing market – and that uncertainty adds volatility. From the latest economic and unemployment reports to the decisions coming out of the Fed, and the Presidential election – it all has an impact. But don’t let the volatility distract you from the bigger picture. I’ll make sure you know what’s happening, how it’ll impact the housing market, and, most importantly, what it means for you. #mortgagerates #expertanswers MemphisGlenn.com

Appraiser-Realtor Is a Fixer Upper Right for You? In today’s market, where the cost of homeownership can be intimidating, finding a move-in-ready home that fits your budget can feel like a real challenge. But if you’re open to putting in a little work, you can transform a fixer upper into your ideal home over time. Let’s explore what’s possible and find a place that'll work for you. MemphisGlenn.com

Appraiser-Realtor Does the thought of buying or selling a home in today’s market make you feel a bit nervous? If so, you need to talk to an agent. You shouldn’t have to feel worried or stressed about making a move – you should feel excited. And with the right agent by your side, the process can be smooth, and even enjoyable. Let’s talk about how I can help your move be a confident one. #realestateagent #realestateagent MemphisGlenn.com

Appraiser-Realtor How Real Estate Agents Take the Fear Out of Moving Feeling a bit unsure, or even afraid, to move with everything going on right now? The decision to move shouldn’t be scary, it should be exciting. And the best way to eliminate any fear is to work with a pro. Here are just a few examples of why that expertise can give you so much peace of mind. 1. Explaining the Current Market You may be seeing misleading headlines about a potential market crash, falling prices, and more. And when you’re not an expert yourself, it’s easy to get swept up in the clickbait and let that scare you. A real estate agent is there to help you separate fact from fiction and to debunk any headline that does more to terrify than clarify. With their deep understanding of local market trends, home values, inventory levels, and more, they’ll help you feel more confident in your decision. 2. Walking You Through the Process Step-by-Step Is this your first time going through the process as a buyer or a seller? Don’t worry. Your agent will walk you through every step along the way, from the initial conversation all the way to closing day. 3. Advocating for Your Best Interests Does the thought of dealing with the back and forth of the transaction make your palms sweaty? Put that anxiety aside. Your agent is a skilled negotiator trained for these exact scenarios. And the best part is, they work for you. So, it’s your goals they’re using that expertise to fight for. 4. Solving Any Unexpected Problems Quickly Worried something is going come up that you don’t know how to handle? Rest assured, your agent has you covered. Don’t let fear or uncertainty hold you back from achieving your goals. Let's connect so you can move forward with confidence. #expertanswers #realestateexpert MemphisGlenn.com

Appraiser-Realtor Q&A: How Do Presidential Elections Impact the Housing Market You may have questions about how the Presidential election will impact the housing market. Here are your answers. #housingmarket #expertanswers MemphisGlenn.com

Appraiser-Realtor Homebuyers face challenges in any market – and today’s is no different. But, with the right agent partner, you can avoid the biggest mistakes other buyers are making right now. DM me and let’s have a conversation about what to expect from today’s market and how I can help you avoid missteps that are going to cost you. #homebuyingtips #firsttimehomebuyers MemphisGlenn.com

Appraiser-Realtor Did you know the experts say the housing market is short about three million homes right now? It’s because the industry just hasn’t built enough of them to keep up with demand. So, if you’re thinking of selling, this will actually work in your favor. That’s because fewer homes on the market means your house will be in high demand. And if we price it right, buyers will be knocking on your door. So, when you’re ready to make the most of today’s market, let’s connect. #housingshortage #inventory MemphisGlenn.com

Appraiser-Realtor Wondering how elections impact home sales? Typically, they bring a short-term slowdown in the housing market as general uncertainty makes buyers and sellers hit pause on their plans. But historical data shows home sales tend to bounce right back after the election. Those sales aren’t lost – they’re just delayed. And current expert forecasts show the trend should continue as more homes are expected to sell in 2025. With the market expected to pick up a bit next year, now is a great time to start preparing. #election #homesales MemphisGlenn.com

Appraiser-Realtor Debunking Scary Myths About Buying a Home There are a number of scary myths about homebuying in today’s market. Here’s what you need to know. Prices are not expected to crash, it is possible to buy even with student loan debt, and there are programs that can help you save for a down payment. Don’t let scary myths delay your homebuying plans. Let's connect so you have a pro to help you separate the facts from your fears. #opportunity #expertanswers MemphisGlenn.com

Appraiser-Realtor Homes are still selling faster than they did pre-pandemic, even though the number of days they’re on the market is higher than it was last year. With the right strategies and the right agent partner, you could sell even faster than today’s norm. DM me to talk through what we can do to make sure your house stands out. #daysonmarket #timetosell MemphisGlenn.com

Appraiser-Realtor Some people are worried that higher costs for everything from gas to groceries will put a pinch on homeowners and lead to a wave of foreclosures hitting the market. But the latest data helps ease those concerns. Foreclosure activity is still far below levels seen during the last crash. There's no wave of foreclosures on the horizon. This is just one reason why we’re not headed for a repeat of 2008. #housingmarket #expertanswers MemphisGlenn.com

Appraiser-Realtor Debunking Scary Myths About Buying a Home Don’t let scary myths delay your homebuying dreams. Let's connect so you have a pro to help you separate fact from fiction. #homebuying #homebuyingmyths MemphisGlenn.com

Appraiser-Realtor Why Did More People Decide To Sell Their Homes Recently? This year, mortgage rates came down at the same time the number of homes on the market usually starts to decline. So, what happened? More homeowners decided to sell, so more homes came to the market. The most recent data from Realtor.com reveals that in September, the number of homes put up for sale increased by 11.6% compared to this time last year. Ralph McLaughlin, Senior Economist at Realtor.com, explains why there was an unseasonable rise: “This sharp increase is largely due to the decline in mortgage rates in mid-August, enticing homeowners to sell.” So, as rates came down at the end of the summer, more people jumped into the market and decided to make their move. What Does This Mean If You’re Looking To Buy a Home? It means more fresh options to choose from than you’ve had in a while – not the ones that have been sitting around, unsold. Why Buy Now, Rather Than Wait? Whether you're looking for a starter home, an upgrade, or hoping to downsize, you have more homes to choose from right now. And if you can find what you’re looking for, know that these new, fresh options won’t be on the market forever. So, staying on top of what’s available in your local area with a trusted agent is key. With that in mind, now might be your moment, while more homes are available – if you’re ready, willing, and able to buy this fall. As rates came down at the end of the summer, sellers started to trickle back into the market, which means buyers have more choices right now. Let’s connect to make sure you have a trusted advisor to help you navigate the new options before they’re all scooped up. #expertanswers #stayinformed MemphisGlenn.com

Appraiser-Realtor Why Buying Now Is Worth It Torn between buying now or waiting? Don’t forget to factor in the equity you’ll gain as prices rise. If you bought a $450K house this year, experts say you could gain more than $90,000 in equity over the next 5 years. #homepriceforecasts #homeequity MemphisGlenn.com

Appraiser-Realtor Planning To Sell Your House in 2025? Start Prepping Now If your goal is to sell your house in 2025, now’s the time to start prepping. By starting your prep work early, you’ll give yourself plenty of time to get your house market-ready by the end of the year. But be sure to partner with a great agent before you get started, so you have expert insight into what repairs are worth it based on your local market. Why Starting Early Is Key To get the best price and sell quickly, it’s important that your home looks its best. And that means it’s up to you to make the necessary repairs, declutter, and even consider updates that could add value as part of getting your house ready to list. By starting now, you can tackle things one task at a time. Because, if you wait to knock items off your list later on, they could quickly stack up and get overwhelming. The Importance of Working with a Local Agent And while that data gives you a starting point, it shouldn’t be seen as a comprehensive list. What buyers want in your area may be different, and only a local agent will have this in-depth understanding. And remember, it’s not just big-ticket items that can have an impact. Your agent will also speak to some of the smaller details – like cleaning up your yard, adding fresh mulch, or painting your front door – to make a real difference in how buyers feel about your home. This type of expert eye is crucial to help your house sell fast and for top dollar. Thinking of selling your house next year? Don’t wait until the last minute to get it ready. By getting a head start now, you can ensure everything is in place by the time the new year rolls around. Need advice on what to tackle first? DM me. #sellyourhouse #opportunity MemphisGlenn.com

Curious about where the housing market is headed in 2025? The good news is that experts are offering some promising forecasts, especially when it comes to two key factors that directly affect your decisions: mortgage rates and home prices. Whether you're thinking of buying or selling, here’s a look at what the experts are saying and how it might impact your move. Mortgage Rates Are Forecast To Come Down One of the biggest factors likely affecting your plans is mortgage rates, and the forecast looks positive. After rising dramatically in recent years, experts project rates will ease slightly throughout the course of 2025. While that decline won’t be a straight line down, the overall trend should continue over the next year. Expect a few bumps along the way. Home Price Projections Show Modest Growth While mortgage rates are expected to come down slightly, home prices are forecast to rise—but at a much more moderate pace than the market has seen in recent years. Experts are saying home prices will grow by an average of about 2.5% nationally in 2025. This is far more manageable than the rapid price increases of previous years, which saw double-digit percentage growth in some markets. With mortgage rates expected to ease and home prices projected to rise at a more moderate pace, 2025 is shaping up to be a more promising year for both buyers and sellers. If you have any questions about how these trends might impact your plans, let’s connect. That way you’ve got someone to help you navigate the market and make the most of the opportunities ahead. #expertanswers #stayinformed

Appraiser-Realtor What To Expect from Mortgage Rates and Home Prices in 2025 Curious about where the housing market is headed in 2025? The good news is that experts are offering some promising forecasts, especially when it comes to two key factors that directly affect your decisions: mortgage rates and home prices. Whether you're thinking of buying or selling, here’s a look at what the experts are saying and how it might impact your move. Mortgage Rates Are Forecast To Come Down One of the biggest factors likely affecting your plans is mortgage rates, and the forecast looks positive. After rising dramatically in recent years, experts project rates will ease slightly throughout the course of 2025. While that decline won’t be a straight line down, the overall trend should continue over the next year. Expect a few bumps along the way. Home Price Projections Show Modest Growth While mortgage rates are expected to come down slightly, home prices are forecast to rise—but at a much more moderate pace than the market has seen in recent years. Experts are saying home prices will grow by an average of about 2.5% nationally in 2025. This is far more manageable than the rapid price increases of previous years, which saw double-digit percentage growth in some markets. With mortgage rates expected to ease and home prices projected to rise at a more moderate pace, 2025 is shaping up to be a more promising year for both buyers and sellers. If you have any questions about how these trends might impact your plans, let’s connect. That way you’ve got someone to help you navigate the market and make the most of the opportunities ahead. #expertanswers #stayinformed MemphisGlenn.com

Appraiser-Realtor More homes just hit the market – and that doesn’t usually happen in the fall. Thanks to a drop in mortgage rates, 11.6% more homes were listed for sale in September than at this time last year. That means you’ve got more options to choose from, so you can finally find the home you’ve been looking for. Let’s connect and take advantage of what’s out there while it lasts. #homesforsale #dreamhome MemphisGlenn.com

Did you know? Homeowners are often able to put more money down when they buy their next home. That’s because, once they sell, they can use the equity they have in their current house toward their next down payment. And it’s why as home equity reaches a new height, the median down payment has too. According to the latest data from Redfin, the typical down payment for U.S. homebuyers is $67,500—that’s nearly 15% more than last year, and the highest on record. Here’s why equity makes this possible. Over the past five years, home prices have increased significantly, which has led to a big boost in equity for current homeowners like you. When you sell your house and move, you can take the equity that gives you and apply it toward a larger down payment on your new home. That’s a major opportunity. Now, it’s important to remember you don’t have to make a big down payment to buy your next home—there are loan programs that let you put as little as 3%, or even 0% down. But there’s a reason so many current homeowners are opting to put more money down. That’s because it comes with some serious perks. Why a Bigger Down Payment Can Be a Game Changer 1. You’ll Borrow Less and Save More in the Long Run 2. You Could Get a Lower Mortgage Rate 3. Your Monthly Payments Could Be Lower 4. You Can Skip Private Mortgage Insurance (PMI) Down payments are at a record high, largely because recent equity gains are putting homeowners in a position to put more money down. If you’re thinking about selling your current house and moving, let’s work together to figure out how much home equity you have right now, and how it can boost your buying power in today’s market. #powerfuldecisions #confidentdecisions

This year, mortgage rates came down at the same time the number of homes on the market usually starts to decline. So, what happened? More homeowners decided to sell, so more homes came to the market. The most recent data from Realtor.com reveals that in September, the number of homes put up for sale increased by 11.6% compared to this time last year. Ralph McLaughlin, Senior Economist at Realtor.com, explains why there was an unseasonable rise: “This sharp increase is largely due to the decline in mortgage rates in mid-August, enticing homeowners to sell.” So, as rates came down at the end of the summer, more people jumped into the market and decided to make their move. What Does This Mean If You’re Looking To Buy a Home? It means more fresh options to choose from than you’ve had in a while – not the ones that have been sitting around, unsold. Why Buy Now, Rather Than Wait? Whether you're looking for a starter home, an upgrade, or hoping to downsize, you have more homes to choose from right now. And if you can find what you’re looking for, know that these new, fresh options won’t be on the market forever. So, staying on top of what’s available in your local area with a trusted agent is key. With that in mind, now might be your moment, while more homes are available – if you’re ready, willing, and able to buy this fall. As rates came down at the end of the summer, sellers started to trickle back into the market, which means buyers have more choices right now. Let’s connect to make sure you have a trusted advisor to help you navigate the new options before they’re all scooped up. #expertanswers #stayinformed

Based on a recent study, in 22 of the top 50 metros, the monthly mortgage payment is lower than the rent payment. Make sure you work with a pro who can help you crunch the numbers and see how your city stacks up. This may be your opportunity to forget renting for good. If you want to see which option makes the most sense in our area, let’s do the math together. #opportunity #housingmarket

Appraiser-Realtor The Benefits of Using Your Equity To Make a Bigger Down Payment Did you know? Homeowners are often able to put more money down when they buy their next home. That’s because, once they sell, they can use the equity they have in their current house toward their next down payment. And it’s why as home equity reaches a new height, the median down payment has too. According to the latest data from Redfin, the typical down payment for U.S. homebuyers is $67,500—that’s nearly 15% more than last year, and the highest on record. Here’s why equity makes this possible. Over the past five years, home prices have increased significantly, which has led to a big boost in equity for current homeowners like you. When you sell your house and move, you can take the equity that gives you and apply it toward a larger down payment on your new home. That’s a major opportunity. Now, it’s important to remember you don’t have to make a big down payment to buy your next home—there are loan programs that let you put as little as 3%, or even 0% down. But there’s a reason so many current homeowners are opting to put more money down. That’s because it comes with some serious perks. Why a Bigger Down Payment Can Be a Game Changer 1. You’ll Borrow Less and Save More in the Long Run 2. You Could Get a Lower Mortgage Rate 3. Your Monthly Payments Could Be Lower 4. You Can Skip Private Mortgage Insurance (PMI) Down payments are at a record high, largely because recent equity gains are putting homeowners in a position to put more money down. If you’re thinking about selling your current house and moving, let’s work together to figure out how much home equity you have right now, and how it can boost your buying power in today’s market. #powerfuldecisions #confidentdecisions MemphisGlenn.com

Appraiser-Realtor Why an Agent Is Essential When Buying a Newly Built Home For some buyers, there’s a misconception that newly built homes aren’t made to last or fall short of the quality you can find in older homes. Unfortunately, this is turning some buyers away from what may be one of their best options in today’s housing market. So, is there any merit to the myth? Let’s break down the best way to make sure you feel good about looking into new home construction. That way, you’re not missing out on such a great option today. Choosing the Right Builder The key to making sure you get a quality newly built home is to choose a good builder. Reputable builders adhere to strict building codes and standards, use advanced construction techniques, and often offer warranties that cover structural issues for several years. Beyond that, maybe they’ve even worked with other buyers who opted for a home in one of those neighborhoods. Here are just a few of the things your agent will help you with: 1. The Builder’s Reputation 2. Their Model Homes 3. Builder Warranties 4. Getting Inspections Agents Are the MVP When You’re Buying a Brand-New Home Maybe that’s why data shows homebuyers unanimously scored their agents higher than their builders when looking back on their recent purchase. So, you don’t need to worry that they just don’t make them like they used to. By working with a knowledgeable real estate agent to choose a reputable builder, you can feel confident when buying a newly built home today. If you’re considering buying a brand-new home, don’t let misconceptions hold you back. Let’s work together to find a home you’ll love and be proud to call your own. #expertanswers #realestate MemphisGlenn.com

For some buyers, there’s a misconception that newly built homes aren’t made to last or fall short of the quality you can find in older homes. Unfortunately, this is turning some buyers away from what may be one of their best options in today’s housing market. So, is there any merit to the myth? Let’s break down the best way to make sure you feel good about looking into new home construction. That way, you’re not missing out on such a great option today. Choosing the Right Builder The key to making sure you get a quality newly built home is to choose a good builder. Reputable builders adhere to strict building codes and standards, use advanced construction techniques, and often offer warranties that cover structural issues for several years. Beyond that, maybe they’ve even worked with other buyers who opted for a home in one of those neighborhoods. Here are just a few of the things your agent will help you with: 1. The Builder’s Reputation 2. Their Model Homes 3. Builder Warranties 4. Getting Inspections Agents Are the MVP When You’re Buying a Brand-New Home Maybe that’s why data shows homebuyers unanimously scored their agents higher than their builders when looking back on their recent purchase. So, you don’t need to worry that they just don’t make them like they used to. By working with a knowledgeable real estate agent to choose a reputable builder, you can feel confident when buying a newly built home today. If you’re considering buying a brand-new home, don’t let misconceptions hold you back. Let’s work together to find a home you’ll love and be proud to call your own. #expertanswers #realestate

If you’re looking to break into homeownership but the price of single-family homes has you second-guessing, you might want to consider a condominium (condo) or townhome. These types of homes often come with a lower barrier to entry – and that can help you start to build equity and enjoy the benefits of owning a home sooner. And here’s some exciting news: builders are focusing more on homes like these. The National Association of Home Builders (NAHB) says: “The share of townhomes being built is at an all-time high.” That means there’s a good number of options to add to your home search if you broaden it to include condos and townhomes. So, if you're comfortable with a smaller space and want to buy your first home before the spring rush, adding these types of homes to your search might be your answer. The Perks of a Condo Lifestyle Living in a condo has a bunch of other perks, too. Let’s look closer at why condos are appealing for first-time buyers: • They help you start building equity. • They can be low maintenance. • They usually come with a range of amenities. • They create a sense of community. Remember, your first home doesn't have to be the one you stay in forever. The important thing is to get your foot in the door as a homeowner so you can start to gain home equity. Later on, that equity can help you buy another place if you want something different. Ultimately, owning and living in a condo or townhome is a lifestyle choice. If you want to see if it makes sense for you, talk to a local real estate agent. Ready to find a home that suits your goals? A condo might be the perfect fit for your first home purchase. DM me today to start your search. #opportunity #housegoals

Appraiser-Realtor Why a Condo Could Be Your Perfect First Home If you’re looking to break into homeownership but the price of single-family homes has you second-guessing, you might want to consider a condominium (condo) or townhome. These types of homes often come with a lower barrier to entry – and that can help you start to build equity and enjoy the benefits of owning a home sooner. And here’s some exciting news: builders are focusing more on homes like these. The National Association of Home Builders (NAHB) says: “The share of townhomes being built is at an all-time high.” That means there’s a good number of options to add to your home search if you broaden it to include condos and townhomes. So, if you're comfortable with a smaller space and want to buy your first home before the spring rush, adding these types of homes to your search might be your answer. The Perks of a Condo Lifestyle Living in a condo has a bunch of other perks, too. Let’s look closer at why condos are appealing for first-time buyers: • They help you start building equity. • They can be low maintenance. • They usually come with a range of amenities. • They create a sense of community. Remember, your first home doesn't have to be the one you stay in forever. The important thing is to get your foot in the door as a homeowner so you can start to gain home equity. Later on, that equity can help you buy another place if you want something different. Ultimately, owning and living in a condo or townhome is a lifestyle choice. If you want to see if it makes sense for you, talk to a local real estate agent. Ready to find a home that suits your goals? A condo might be the perfect fit for your first home purchase. DM me today to start your search. #opportunity #housegoals MemphisGlenn.com

Appraiser-Realtor Buying Beats Renting in These Top Cities Based on a recent study, in 22 of the top 50 metros, the monthly mortgage payment is lower than the rent payment. Make sure you work with a pro who can help you crunch the numbers and see how your city stacks up. This may be your opportunity to forget renting for good. If you want to see which option makes the most sense in our area, let’s do the math together. #opportunity #housingmarket MemphisGlenn.com

Appraiser-Realtor How Much Does It Cost To Sell My House? If you’re toying with the idea of selling your house, you’re probably wondering how much it’ll cost. To be honest, the final number will depend on several factors like the offer you accept, if you help with your buyer’s closing costs, how many repairs you tackle, and more. Closing Costs and Commission These are the fees you’ll pay at the closing table to cover various aspects of the sale. You’ll have your own closing costs and you may even offer to pay some of the buyer’s as a concession. Pre-Listing Inspection and Repairs One optional step some sellers take is having a pre-listing inspection. It gives you an idea of what may pop up later on in the buyer’s inspection – because those are the items a buyer may ask you to toss in a credit (or concession) to cover later on. This allows you to get a jump on any repairs and tackle them before you list, so your house is set up to impress from the start. Home Staging As inventory grows, you may want to take a few extra steps to make sure your house stands out. Staging is an optional way to make sure your house shows well. If you want to skip this step, you could opt to lean on your agent’s advice for what looks good and what may feel cluttered. Why Leaning on an Agent Is Key If you’re looking to cut down on your costs, you have options. An agent is your go-to expert throughout the transaction. They’ll offer customized advice every step of the way, including how to stage the house and what repairs to tackle. This can help you avoid hiring an outside stager or having to pay for a pre-listing inspection. Want a better picture of what you should expect when you sell your house? Let’s have a conversation and walk through it together. #sellyourhouse #realestatenews MemphisGlenn.com

Appraiser-Realtor Buying Beats Renting in These Top Cities Based on a recent study, in 22 of the top 50 metros, the monthly mortgage payment is lower than the rent payment. To see what makes the most sense for you, let’s sit down and crunch the numbers together. You may find you have the opportunity to forget renting for good. #homebuying #rentorbuy MemphisGlenn.com

You may have heard chatter recently about the economy and talk about a possible recession. But here’s the good news – there’s no need to panic. The housing market is not set up for a crash right now. 1. Demand for Homes Is Higher than Supply One of the biggest reasons the housing market crashed back in 2008 was an oversupply of homes. Today, though, it’s a very different story. It’s a general rule of thumb that a market where supply and demand are balanced has a six-month supply of homes. A higher number means supply outpaces demand, and a lower number means demand outpaces supply. 2. Unemployment Is Still Low When people are unemployed, they’re more likely to have trouble making their mortgage payments and may be forced to sell or face foreclosure. That was a big problem during the 2008 financial crisis. Today, the employment situation is much more stable. Right now, people are working, earning an income, and making their mortgage payments. That’s one reason why the wave of foreclosures that happened in 2008 isn’t going to happen again this time. Today’s Housing Market Is Stronger than in 2008 While it’s understandable to be concerned when you hear talk of a recession and economic uncertainty, but know this: the housing market is in a much better place than it was in 2008. The housing market is doing a lot better than it was in 2008, but it’s important to remember that real estate is very local. So, it’s always a good idea to stay informed about our specific market. If you have any questions or want to discuss how these factors are playing out in our area, feel free to reach out. #expertanswers #stayinformed

If you’re toying with the idea of selling your house, you’re probably wondering how much it’ll cost. To be honest, the final number will depend on several factors like the offer you accept, if you help with your buyer’s closing costs, how many repairs you tackle, and more. Closing Costs and Commission These are the fees you’ll pay at the closing table to cover various aspects of the sale. You’ll have your own closing costs and you may even offer to pay some of the buyer’s as a concession. Pre-Listing Inspection and Repairs One optional step some sellers take is having a pre-listing inspection. It gives you an idea of what may pop up later on in the buyer’s inspection – because those are the items a buyer may ask you to toss in a credit (or concession) to cover later on. This allows you to get a jump on any repairs and tackle them before you list, so your house is set up to impress from the start. Home Staging As inventory grows, you may want to take a few extra steps to make sure your house stands out. Staging is an optional way to make sure your house shows well. If you want to skip this step, you could opt to lean on your agent’s advice for what looks good and what may feel cluttered. Why Leaning on an Agent Is Key If you’re looking to cut down on your costs, you have options. An agent is your go-to expert throughout the transaction. They’ll offer customized advice every step of the way, including how to stage the house and what repairs to tackle. This can help you avoid hiring an outside stager or having to pay for a pre-listing inspection. Want a better picture of what you should expect when you sell your house? Let’s have a conversation and walk through it together. #sellyourhouse #realestatenews

Appraiser-Realtor Two Reasons Why the Housing Market Won’t Crash You may have heard chatter recently about the economy and talk about a possible recession. But here’s the good news – there’s no need to panic. The housing market is not set up for a crash right now. 1. Demand for Homes Is Higher than Supply One of the biggest reasons the housing market crashed back in 2008 was an oversupply of homes. Today, though, it’s a very different story. It’s a general rule of thumb that a market where supply and demand are balanced has a six-month supply of homes. A higher number means supply outpaces demand, and a lower number means demand outpaces supply. 2. Unemployment Is Still Low When people are unemployed, they’re more likely to have trouble making their mortgage payments and may be forced to sell or face foreclosure. That was a big problem during the 2008 financial crisis. Today, the employment situation is much more stable. Right now, people are working, earning an income, and making their mortgage payments. That’s one reason why the wave of foreclosures that happened in 2008 isn’t going to happen again this time. Today’s Housing Market Is Stronger than in 2008 While it’s understandable to be concerned when you hear talk of a recession and economic uncertainty, but know this: the housing market is in a much better place than it was in 2008. The housing market is doing a lot better than it was in 2008, but it’s important to remember that real estate is very local. So, it’s always a good idea to stay informed about our specific market. If you have any questions or want to discuss how these factors are playing out in our area, feel free to reach out. #expertanswers #stayinformed MemphisGlenn.com

Nationally, home values are actually rising, even if the median price is down a bit. Let’s break down what’s really happening so you can make sense of the market without getting caught up in the fear the headlines create. Homes on the Market Right Now Are Smaller The biggest reason for the dip in median price is the size of homes being sold. The median price reflects the middle point of all the homes for sale at any given time. And that’ll be affected by the mix of homes on the market. Right now, there’s a greater number of smaller, less expensive homes on the market, and that’s bringing the overall median price down. But that doesn’t mean home values are declining. Price Per Square Foot Is Still Rising This means that while smaller homes are affecting the median price, the average home’s value is still rising. So, while headlines may make it sound like prices are crashing, you don’t have to worry. With a closer look and more reliable data, you can see that prices are still climbing nationally. But it’s important to remember that home prices can vary by region. While national trends provide a big-picture view, local markets may be experiencing different conditions. A trusted agent is the best resource to explain what’s happening in your area. The decrease in median price is not the same as a decrease in home values. The median asking price is down mostly due to the mix of smaller, less expensive homes on the market. The important thing to focus on is the price per square foot, which is a better indicator of overall market value—and those prices are still going up. If you have questions about what home prices are doing in our area, feel free to reach out. #homevalues #homeownership

Appraiser-Realtor Worried about a housing market crash? Here's why supply and demand show you don't need to be. In a balanced market, we see about a 6 months’ supply of homes for sale – meaning supply and demand is about equal. Back in the 2008 crash, that jumped way up to 13 because there were too many homes for sale. And today, we have only a 4.2 months’ supply. This shows we're not even back to normal – and we’re really far off of what happened in 2008. That’s why a crash isn’t expected. #housingcrash #supplyanddemand MemphisGlenn.com

Appraiser-Realtor Thinking about pulling your house off the market until next year? Think again. Buyers who look during the fall season are serious and eager to move quickly, especially now that mortgage rates are down from their recent peak. So, don’t miss out. Keep your home listed to attract motivated buyers who are ready to negotiate and want to close fast. #sellyourhouse #realestateadvice MemphisGlenn.com

Has your house been sitting on the market longer than expected? If so, you’re bound to be frustrated by now. Maybe you’re even thinking it’s time to pull the listing and wait to see what 2025 brings. But what you may not realize is, the decision to hold off could actually cost you. Here’s a look at why staying the course could be the smarter move. Other Sellers Are Pulling Back. Should You Hold Off Too? According to recent data from Altos Research, the number of withdrawals is increasing – that means more sellers are opting to pull their listings off the market right now. And this isn’t unusual for this time of the year. In the housing market, there are seasonal ebbs and flows. Inventory levels typically start to drop off a bit headed into the fall season as some sellers delay their plans until the new year. Today’s Buyers Are Serious and Ready To Act The biggest reason to stick with your plan to sell now is that the buyers who are looking at this time of year are serious about making a purchase. They’ve been sitting on the sidelines for a while waiting for affordability to improve. And now that mortgage rates are trending down, they’re ready to make their move. Mortgage applications are rising – and that’s a leading indicator that buyers are preparing to jump back in. And since they’ve already put their needs on the back burner for so long, they’re even more eager than buyers usually are at this time of year. While some sellers are choosing to take their homes off the market, this really isn’t the best move. With serious buyers eager to purchase, this is a great time to sell your house. Let’s connect to make sure we’ve got a strategy in place to make it happen. #sellyourhouse #realestate

If you’ve been wanting to sell your house and move up to a bigger or nicer home, you’re not alone. A recent Inman survey reveals the top motivator for today’s homebuyers is the desire for more space or an upgraded home. But there’s good news: now’s actually a great time to make that move happen. Here’s why. You Have a Lot of Equity To Leverage One of the key benefits in today’s market is the amount of equity you’ve likely built up in your current house over the years. What does that mean for you? If you’ve been in your home for a few years, you’re probably sitting on a significant amount of equity. You can put that toward the down payment on your next home, helping keep the amount you borrow within a comfortable range. Mortgage Rates Have Fallen, Boosting Your Purchasing Power And there’s another big reason why now’s a great time to make your move: mortgage rates are trending down. Lower rates can help make your future monthly payments more manageable, and they also increase your purchasing power. That gives you more flexibility when shopping for homes and may allow you to afford a house at a price point that was previously out of reach. A trusted lender can work with you to figure out the best plan for your budget. If you’re ready to sell your current home and find the bigger, nicer home you’ve been dreaming of, don’t wait. Your equity, paired with lower mortgage rates, puts you in a great position to make that move today. To make the best decisions and get the most out of your current market advantage, DM me so you have an expert guide through every step of the homebuying process. #powerfuldecisions #confidentdecisions

Appraiser-Realtor According to the latest data, the top reason homebuyers are on the move is to upgrade to a bigger or nicer home. The great news? With record home equity and mortgage rates trending down, moving up is more achievable than it was earlier this year. If you’ve been thinking about that dream home, now’s the time to make it happen. Ready to get started? DM me to talk next steps. #moveupbuyer #homegoals MemphisGlenn.com

Appraiser-Realtor The Top 3 Reasons Affordability Is Improving Affordability is based on three key factors: mortgage rates, home prices, and wages. And today, it’s improving quickly as rates come down, prices level off, and wages climb. If you put your search on pause because it was too expensive to buy, let’s talk about why now may be the perfect time to jump back in. #expertanswers #opportunity MemphisGlenn.com

Appraiser-Realtor The Top 3 Reasons Affordability Is Improving There are 3 big reasons affordability is improving today. Mortgage rates are coming down, home prices are moderating, and wages are rising. If you hit pause on your home search because it felt out of reach, maybe it’s time to dive back in. #affordability #mortgagerates MemphisGlenn.com

Appraiser-Realtor Seeing headlines that the median price of a home has dropped? It's easy to assume that means home prices are falling. But that’s not the case. While median prices have dipped, that's because smaller, less expensive homes are hitting the market—and that’s impacting the mix of sales and driving the median down. A closer look shows prices are still rising nationally. Have questions? DM me. #homeprices #homevalues MemphisGlenn.com

Affordability is based on three key factors: mortgage rates, home prices, and wages. And today, it’s improving quickly as rates come down, prices level off, and wages climb. If you put your search on pause because it was too expensive to buy, let’s talk about why now may be the perfect time to jump back in. #expertanswers #opportunity

If you’re wondering if you should buy now or wait, here’s what you need to know. If you wait for rates to drop more, you’ll have to deal with more competition and higher prices as additional buyers jump back in. But if you buy now, you’d get ahead of that and have the chance to start building equity. Should you buy now or wait? Let’s talk through it together, so you can make your best decision. #opportunity #housingmarket

Appraiser-Realtor Home Values Rise Even as Median Prices Fall Nationally, home values are actually rising, even if the median price is down a bit. Let’s break down what’s really happening so you can make sense of the market without getting caught up in the fear the headlines create. Homes on the Market Right Now Are Smaller The biggest reason for the dip in median price is the size of homes being sold. The median price reflects the middle point of all the homes for sale at any given time. And that’ll be affected by the mix of homes on the market. Right now, there’s a greater number of smaller, less expensive homes on the market, and that’s bringing the overall median price down. But that doesn’t mean home values are declining. Price Per Square Foot Is Still Rising This means that while smaller homes are affecting the median price, the average home’s value is still rising. So, while headlines may make it sound like prices are crashing, you don’t have to worry. With a closer look and more reliable data, you can see that prices are still climbing nationally. But it’s important to remember that home prices can vary by region. While national trends provide a big-picture view, local markets may be experiencing different conditions. A trusted agent is the best resource to explain what’s happening in your area. The decrease in median price is not the same as a decrease in home values. The median asking price is down mostly due to the mix of smaller, less expensive homes on the market. The important thing to focus on is the price per square foot, which is a better indicator of overall market value—and those prices are still going up. If you have questions about what home prices are doing in our area, feel free to reach out. #homevalues #homeownership MemphisGlenn.com

Seeing your house sit on the market without any bites is the ultimate frustration. And unfortunately, some sellers are in that tricky spot today. According to data from the National Association of Realtors (NAR), the average time a house spends on the market has increased over the past few years. Some of that is because inventory has gone up, so buyers have more options. And higher mortgage rates have definitely slowed demand over the past two years, and that’s out of your control. Make no mistake, with the right strategy and agent partner, your house can still sell quickly, even today. Here are just a few tips a great real estate agent will walk you through. They may seem simple, but advice like this can make all the difference. 1. Competitive Pricing: A local real estate agent will do a competitive market analysis by reviewing recent sales and current listings for your area. Then, they’ll use that data to make sure your home is priced accurately for today’s market. 2. The Home’s Condition: An agent is a key resource on what buyers will be looking for, if staging is worthwhile, and what repairs you need to tackle before you list. 3. Incentives and Extras: A real estate agent can suggest the right incentives to offer based on current market conditions and buyer expectations, so you can close the sale even faster. Selling a home quickly in a shifting market requires a strategic approach and an in-depth understanding of what buyers want. That’s why partnering with a local real estate agent is so important. DM me to make sure you’re set up for success. #sellyourhouse #expertanswers

Appraiser-Realtor Looking to sell your house in today’s shifting market? The secret to standing out and selling quickly is to hire a pro. An agent will use market data to find the right price, give advice on what repairs to tackle for maximum impact, and what concessions you may want to consider (like help with closing costs). Let’s connect to come up with the strategy that’s right for you. #sellyourhouse #realestatetips MemphisGlenn.com

After months of sitting on the sidelines, many homebuyers who were priced out by high mortgage rates and affordability challenges finally have an opportunity to make their move. With rates trending down, today’s market is a sweet spot for buyers—and it’s one that may not last long. The truth is, if mortgage rates continue to ease, as experts project, more buyers will jump back into the market. A survey from Bankrate shows over half of homeowners would be motivated to buy this year if rates drop below 6%. With rates already in the low 6% range, we’re not terribly far off from hitting that threshold. The bottom line is, that when they drop into the 5s, the number of buyers in the market is going to go up – and that means more competition for you. What This Means for You Right now, you’ve got the chance to get ahead of all of that. Today’s market is a buyer sweet spot. Why? Because a lot of other buyers are waiting – which means not as many people are actively looking for homes. That means less competition for you. At the same time, affordability has already improved quite a bit. Recent easing in mortgage rates has made homeownership more accessible. Why Waiting Could Cost You If you’re waiting for the perfect time to buy, it’s important to understand that timing the market is nearly impossible. The longer you wait, the higher the risk that market conditions will shift—and not necessarily in your favor. Don’t wait until you have to deal with more competition and higher prices – you already have the chance to buy a home while we’re in the sweet spot today. Let’s connect to make sure you’re taking advantage of it. #firsttimehomebuyer #opportunity

That’s right—according to a recent study from Zillow, in 22 of the 50 largest metro areas, monthly mortgage payments are now lower than rent payments. As mortgage rates have eased off their recent peak, home prices have moderated, and inventory has ticked up, affordability has improved significantly. When you add all of that up, it’s getting less expensive to buy a home than to rent one in many parts of the country. You see, talking with a local real estate agent about what’s happening in your market before this happens in your ideal neighborhood could really change the game for you. It’s all about being informed by a true expert, and understanding what was out of reach before might actually be getting more affordable than you think. Now, while this study compares monthly rent to principal and interest on a mortgage payment (not the whole monthly payment), let’s think through this. As Zillow notes, what you can’t ignore when you buy a home are things like taxes, insurance, utilities, and maintenance that should also be factored into your budget and your monthly payment. But remember – renters pay extra fees too, like renters’ insurance, utilities, parking, and more. With mortgage rates coming down and more homes hitting the market, you’ll want to be ready to jump back into your search – before everyone else does. If you’re tired of renting and ready to find out what it takes to purchase a home in our area now that the landscape may be shifting, let’s do the math together to see if buying a home makes sense for you now or sometime soon. #housingmarket #househunting

Appraiser-Realtor Buying Beats Renting in 22 Major U.S. Cities That’s right—according to a recent study from Zillow, in 22 of the 50 largest metro areas, monthly mortgage payments are now lower than rent payments. As mortgage rates have eased off their recent peak, home prices have moderated, and inventory has ticked up, affordability has improved significantly. When you add all of that up, it’s getting less expensive to buy a home than to rent one in many parts of the country. You see, talking with a local real estate agent about what’s happening in your market before this happens in your ideal neighborhood could really change the game for you. It’s all about being informed by a true expert, and understanding what was out of reach before might actually be getting more affordable than you think. Now, while this study compares monthly rent to principal and interest on a mortgage payment (not the whole monthly payment), let’s think through this. As Zillow notes, what you can’t ignore when you buy a home are things like taxes, insurance, utilities, and maintenance that should also be factored into your budget and your monthly payment. But remember – renters pay extra fees too, like renters’ insurance, utilities, parking, and more. With mortgage rates coming down and more homes hitting the market, you’ll want to be ready to jump back into your search – before everyone else does. If you’re tired of renting and ready to find out what it takes to purchase a home in our area now that the landscape may be shifting, let’s do the math together to see if buying a home makes sense for you now or sometime soon. #housingmarket #househunting MemphisGlenn.com

Appraiser-Realtor Buy Now, or Wait? Buy Now, or Wait? You may be tempted to wait until mortgage rates come down even more. But here’s what you need to know. If you wait, you'll have to compete with all those other people when you go to buy your next home. You have a chance to get ahead of the other buyers right now. Let’s connect and make it happen. #homebuying #expertanswers MemphisGlenn.com

Appraiser-Realtor Why Buying Now May Be Worth It in the Long Run Should you buy a home now or should you wait? That’s a question a lot of people have these days. And while what’s right for you is going to depend on a lot of different factors, here’s something you’ll want to consider as you make your decision. As soon as you buy, you’ll start gaining equity. And you’d be surprised how quickly that can add up – even with more moderate home price appreciation. Each quarter, Fannie Mae releases the Home Price Expectations Survey. It asks over one hundred economists, real estate experts, and investment and market strategists what they forecast for home prices over the next five years. In the latest release, experts project prices will continue to rise nationally through at least 2028. And while rising home prices may not sound great right now, once you own a home, that growth will be a big bonus for you. So, if you’re ready and able to buy, and growing your wealth is important to you, you’ve got an opportunity in front of you. And now that mortgage rates have fallen, it may be time to consider making a move. To talk more about your options and what makes sense, lean on a pro. They’ll be able to tell you what home prices are doing in your area and what that means for your move (and your future equity). The decision to buy now or wait is a very personal one, but it’s valuable to have an expert’s perspective. They won't push you, but they will explain things you may not have considered, like the equity that’s at stake. If you want help weighing your options and thinking through how the current market factors in, DM me. #houseshopping #housegoals MemphisGlenn.com

Appraiser-Realtor Don’t Fall for These Real Estate Agent Myths When it’s time to buy or sell a home, one of the most important decisions you’ll make is who you’ll work with as your agent. That choice will have an impact on your entire experience and how smoothly it goes. Myth #1: All Real Estate Agents Are the Same You might think all agents are the same – so it doesn’t matter who you work with. But, in reality, agents have varying levels of experience, specialties, and market knowledge, which can have a big impact on your results. Myth #2: You Can Save Money by Not Using an Agent As a seller, you may think you can save money by not working with a pro. However, the expertise, negotiation skills, and market knowledge an agent provides generally saves you money and helps you avoid making costly mistakes. Myth #3: Agents Will Push You To Spend More You may also be worried an agent will push you to buy a more expensive house in order to increase their commission. A good agent will respect your budget and work hard to find a home that truly fits your financial situation and needs. Myth #4: Market Conditions Are the Same Everywhere, So Why Do I Need a Pro? Maybe you believe housing market conditions are the same no matter where you are. But that couldn’t be further from the truth. Real estate markets are highly localized, and conditions can vary widely from one area to another. Don’t let myths keep you from the expert guidance you deserve. With market knowledge and top resources, a trusted local real estate agent isn't just helpful, they’re invaluable. In what could be one of the biggest financial decisions of your life, having the right pro by your side is a game changer. Let’s connect and make sure you get the best outcome possible. #expertanswers #confidentdecisions MemphisGlenn.com

Mortgage rates are trending down and that’s great news for your bottom line. As rates drop, your monthly payment on your next home does too. Even a small change in mortgage rates can have a big impact on your purchasing power. If you put your search on hold when mortgage rates were higher, think about how much you could save now that rates are coming down. #expertanswers #stayinformed

Appraiser-Realtor Are you saving for your down payment? Here’s something you’re going to want to know. Most first-time homebuyers qualify for programs that can help with that upfront expense. But few actually take advantage of it. To see if you qualify, make sure you connect with a trusted lender. It could help you achieve your homeownership dream sooner than you thought possible. #downpaymentassistance #homebuyingtips MemphisGlenn.com

Believe it or not, almost 80% of first-time homebuyers qualify for down payment assistance, but only 13% actually use it. And if you’re hoping to buy a home, this is a mission-critical gap to close – fast. Amplify Your Down Payment Potential For first-time buyers, the name of the game with down payments is making sure you’re taking advantage of all the resources out there designed to help you. For example, there are loan options that require as little as 3% down, or even 0% for certain qualified borrowers, like Veterans. And let’s not forget down payment assistance, like grants and other opportunities, that help you cover the upfront cost of your down payment. If you’re interested in exploring those options and what you may be able to use to your advantage, connect with a trusted lender. Don’t Let News Headlines About Down Payments Scare You There’s one more thing to address. News coverage has been talking about how the typical down payment is rising. But don’t let those high dollars scare you. Just because the average down payment is rising doesn’t mean down payment requirements are going up. That’s a key piece of the puzzle to understand. It’s really just because people are choosing to put more down to try to offset higher mortgage rates, and current homeowners who are putting their equity to work are using that to increase their down payment on their next home. What’s the best thing to do? Talk with a trusted lender about your options. They’ll help you figure out where you stand today and how to access the resources you may qualify for. Because help is out there, you just need to work with a pro to take advantage of it. #firsttimehomebuyer #opportunity

Appraiser-Realtor Is Your House Priced Too High? Every seller wants to get their house sold quickly, for as much money as they can, with as few headaches as possible. And chances are, you’re no different. But did you know one of the biggest things that could jeopardize your success is the asking price for your home? 1.You’re Not Getting Many Showings or Offers One of the most obvious signs your house may be overpriced is a lack of showings. If it's been on the market for several weeks and only a few buyers have come to see it—or worse, you haven’t gotten any offers—it could be a clear indication the price isn’t matching up with what buyers expect. 2.Buyers Have Consistent Negative Feedback after Showings And if after the showings you do have, comments from the potential buyers aren’t great, you may need to course correct. If they consistently say it's overpriced compared to other homes they’ve seen, it’s time to reconsider your pricing strategy. 3.It’s Been on the Market for Too Long And that lack of interest is ultimately going to lead to it sitting on the market without any serious bites. The longer it lingers, the more likely it is to raise red flags for buyers, who may wonder if something is wrong with it. 4.Your Neighbor’s House Sold Without an Issue And here’s the last one to watch out for. If similar homes in your area are selling faster than yours, it’s a clear sign that something is off. Pricing a home correctly is both an art and a science. It requires a deep understanding of the market and buyer psychology. And when the price isn’t drawing in buyers, there’s no better resource than your agent on what you may want to do next. #sellyourhouse #realestatelife MemphisGlenn.com

Appraiser-Realtor The Down Payment Assistance You Didn’t Know About Believe it or not, almost 80% of first-time homebuyers qualify for down payment assistance, but only 13% actually use it. And if you’re hoping to buy a home, this is a mission-critical gap to close – fast. Amplify Your Down Payment Potential For first-time buyers, the name of the game with down payments is making sure you’re taking advantage of all the resources out there designed to help you. For example, there are loan options that require as little as 3% down, or even 0% for certain qualified borrowers, like Veterans. And let’s not forget down payment assistance, like grants and other opportunities, that help you cover the upfront cost of your down payment. If you’re interested in exploring those options and what you may be able to use to your advantage, connect with a trusted lender. Don’t Let News Headlines About Down Payments Scare You There’s one more thing to address. News coverage has been talking about how the typical down payment is rising. But don’t let those high dollars scare you. Just because the average down payment is rising doesn’t mean down payment requirements are going up. That’s a key piece of the puzzle to understand. It’s really just because people are choosing to put more down to try to offset higher mortgage rates, and current homeowners who are putting their equity to work are using that to increase their down payment on their next home. What’s the best thing to do? Talk with a trusted lender about your options. They’ll help you figure out where you stand today and how to access the resources you may qualify for. Because help is out there, you just need to work with a pro to take advantage of it. #firsttimehomebuyer #opportunity MemphisGlenn.com

Every seller wants to get their house sold quickly, for as much money as they can, with as few headaches as possible. And chances are, you’re no different. But did you know one of the biggest things that could jeopardize your success is the asking price for your home? 1.You’re Not Getting Many Showings or Offers One of the most obvious signs your house may be overpriced is a lack of showings. If it's been on the market for several weeks and only a few buyers have come to see it—or worse, you haven’t gotten any offers—it could be a clear indication the price isn’t matching up with what buyers expect. 2.Buyers Have Consistent Negative Feedback after Showings And if after the showings you do have, comments from the potential buyers aren’t great, you may need to course correct. If they consistently say it's overpriced compared to other homes they’ve seen, it’s time to reconsider your pricing strategy. 3.It’s Been on the Market for Too Long And that lack of interest is ultimately going to lead to it sitting on the market without any serious bites. The longer it lingers, the more likely it is to raise red flags for buyers, who may wonder if something is wrong with it. 4.Your Neighbor’s House Sold Without an Issue And here’s the last one to watch out for. If similar homes in your area are selling faster than yours, it’s a clear sign that something is off. Pricing a home correctly is both an art and a science. It requires a deep understanding of the market and buyer psychology. And when the price isn’t drawing in buyers, there’s no better resource than your agent on what you may want to do next. #sellyourhouse #realestatelife

A shift is underway in the housing market this season. And if you’ve been sitting on the sidelines waiting for the right moment to jump back into your homebuying search, this is a great time to do it. That’s because the best week to buy a home this year is just around the corner. Your sweet spot is here. The experts at Realtor.com study seasonal trends to figure out the ideal week for homebuyers: “Nationally, the best time to buy in 2024 is the week of Sept. 29–Oct. 5. This week historically has shown the best balance of market conditions that favor buyers. Inventory tends to be high, prices are below peak levels, demand is waning, and the pace of the market slows to a more manageable speed.” In addition to the historical trends and typical seasonality that Realtor.com looks at, there are also clear indicators in today’s market data that you’ll see better conditions right now than you would have over the last few years. Mortgage rates just hit their lowest point in 19 months, and that goes a long way to help with your purchasing power and affordability. And Ralph McLaughlin, Senior Economist at Realtor.com, explains that it’s not just rates that have improved – inventory has too: “The number of homes actively for sale continues to be elevated compared with last year, growing by 35.8%, a 10th straight month of growth, and now sits at the highest since May 2020.” If you want to make sure you’re ready to take advantage of this sweet spot, let’s connect and start the prep work now. Maybe it’s time to get off the sidelines and into the action. #buyingahome #homebuyertips

Appraiser-Realtor Lower Mortgage Rates Boost Your Buying Power Mortgage rates are trending down and that’s great news for your bottom line. As rates drop, your monthly payment on your next home does too. Even a small change in mortgage rates can have a big impact on your purchasing power. If you put your search on hold when mortgage rates were higher, think about how much you could save now that rates are coming down. #expertanswers #stayinformed MemphisGlenn.com

Appraiser-Realtor Lower Mortgage Rates Boost Your Buying Power As rates drop, your monthly payment on your next home will too. Let’s connect to talk about how today’s rates boost your purchasing power. #mortagerates #realestatenews MemphisGlenn.com

Appraiser-Realtor Have you felt like homeownership is out of reach? You aren’t alone. But here’s some good news: builders are focusing on bringing smaller, more affordable homes to market. And if we open up your search to include those new builds, we may be able to find the right fit for your budget. Let’s chat if you’re ready to explore what builders have to offer in and around our area. #newlybuilthomes #homeaffordability MemphisGlenn.com

Mortgage rates have hit their lowest point in over a year and a half. And that’s big news if you’ve been sitting on the homebuying sidelines waiting for this moment. Even a small decline in rates could help you get a better monthly payment than you would expect on your next home. And the drop that’s happened recently isn’t small. As Sam Khater, Chief Economist at Freddie Mac, says: “Mortgage rates have fallen more than half a percent . . . and are at their lowest level since February 2023.” But if you want to see it to really believe it, here’s how the math shakes out. Going from 7.5% just a few months ago to the low 6s has a big impact on your bottom line. In just a few months’ time, the anticipated monthly payment on a $400K loan has come down by over $370. That’s hundreds of dollars less per month. With the recent drop in mortgage rates, the purchasing power you have right now is better than it’s been in almost two years. Let’s talk about your options and how you can make the most of this moment you’ve been waiting for. #mortgagerates #realestatenews

Even though affordability is improving, buying a home can still feel tough right now. But here’s some good news: builders are focusing their efforts on building smaller homes, and they’re offering key incentives to buyers. And both of these things can be a big help if you're worried about finding a home that’s right for your budget. During the pandemic, homebuyers were looking for larger homes—and many could afford them. Builders responded to that demand and created bigger spaces to help people with things like working from home, setting up home gyms, and having extra rooms for virtual school. Now, with affordability as tight as it is, builders are turning their focus to smaller single-family homes. At the end of the day, builders are going to focus on building homes that meet current market demand – because they want to build what they know will sell. And the number one thing homebuyers are looking for right now is better affordability. Since smaller homes typically come with smaller price tags, both buyers and builders have shifted their focus to homes with less square footage. So, if you’re having a hard time finding something in your budget, it may be time to look at brand-new homes that have a smaller footprint. When you do, you may get a few other fringe benefits that can help on the affordability front – like price reductions or mortgage rate buy-downs. Not to mention, with new home construction, you’ll also get brand new everything, have fewer maintenance needs, and get some of the latest features available. That’s worth looking into, right? #newhomes #homebuilders

Appraiser-Realtor Mortgage rates are dropping. As a result, more buyers are getting ready to re-enter the market. That’s clear based on the rise in mortgage applications since rates started to fall. If you’ve been thinking about selling, let’s talk about how to get your house ready so you can take advantage of increased buyer activity. #buyerdemand #mortgagerates MemphisGlenn.com

A New Chapter Unfolds – Grateful and Excited for the Future! 🌟 Thrilled to share a momentous update – I'm officially part of Sperry Commercial Global Affiliates, representing the Mid-South region! 🚀 This exciting venture marks a significant step in my career, focusing on commercial real estate sales, development, and investments in the vibrant Memphis Metro market. Recent highlight: Our exclusive partnership with SIRE 3D, revolutionizing commercial construction! 🏗️ Acquiring x25 (3D) concrete printing machines. These printers boast speeds nine (9) times faster than traditional construction methods, 50% faster, earthquake, fire, hurricane, and tornado proof, reducing waste, net zero waste, reducing cost by over 30%, and redefining the traditional IRR. Excitingly, SperryCGA agents will earn a PropTech Certification in 3D construction, with programs at MIT enhancing expertise. The machines arrive in California by June 2024, an excellent opportunity to join us and explore the future of commercial development. Grateful for the support from California and Florida today – looking forward to an exciting journey with my new network of brokers! Feel free to reach out with questions or share in the excitement! 🌐 Explore more: https://www.sperrycga.com/Sire3D 🌍 #SperryCGA #SperrycgaMemphis #CommercialRealEstate #SIRE3D #FutureInnovation

Exciting news to come!! #memphiscommercialrealestate #sperryMemphis

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