Can an Expensive Home Still be Affordable?

Can an Expensive Home Still be Affordable?

Real estate prices across the country have increased dramatically in the past year. With increases in the 10-12% range, many potential homebuyers have given up and decided that homes are just too expensive to consider. While homes have become more expensive, it does not mean 

Can You Sell an Outdated House?

Can You Sell an Outdated House?

It seems that everywhere you turn there are companies who advertise buying ugly houses. These messages offer to quickly buy any house, regardless of the condition. The problem is that their offers are often significantly below market value. If you’re a seller whose home needs 

A Background on Credit Scoring Models

A Background on Credit Scoring Models

Homebuyers who have a better credit history over a longer stretch of time than a shorter one may benefit by a change to the credit-scoring model used by Experian. Up until about 2016, mortgage lenders didn’t use trended credit data and didn’t differentiate between types 

3 Things to Know Before Renting Out Your Home

3 Things to Know Before Renting Out Your Home

Home-sharing services such as Airbnb, HomeAway and FlipKey can make turning your home into a money-making vacation rental easy. The sites hold payments from guests who are renting private rooms or entire homes. All the host has to do is provide a key and then 

Inventory Up! Home Prices Up Too!

Inventory Up! Home Prices Up Too!

There were 3,216 closings reported for the month of October, according to figures provided by Greater Nashville REALTORS®. This represents a 1.6 percent decrease from the 3,267 closings reported for October 2017. Year-to-date closings total 33,679 a 1.1 percent decrease compared to the 34,059 closings reported through October  2017. “Closings in October show 

Paying Off Your Mortgage in 15 Years vs. 30

Paying Off Your Mortgage in 15 Years vs. 30

Paying off your mortgage early and living mortgage-free so you can use the money for other things—such as travel and an early retirement—can sound like a pipe-dream that’s impossible to get to, but it doesn’t have to be. If you have a 30-year mortgage, there 

December Home Sales Best in Nearly a Decade for Greater Nashville

December Home Sales Best in Nearly a Decade for Greater Nashville

There were 3,194 closings during the month of December, according to figures provided by the Greater Nashville Association of REALTORS®. This is a 12.5 percent increase from the 2,838 closings reported for the same period in 2014.Fourth quarter closings are 8,621 for Greater Nashville. That total is a 3.5 percent increase from the 

Nashville’s housing recovery strongest in the nation

Nashville’s housing recovery strongest in the nation

Nashville’s housing market has rebounded stronger than anywhere else in the nation in the aftermath of the recession, according to a new study. Nashville’s median home price today is 11 percent higher than the peak values before the recession struck a net growth that’s the 

Tight real estate market becomes game of ‘first to know’

Tight real estate market becomes game of ‘first to know’

With multiple offers often going in the first day a home goes on the market, Realtors must be resourceful in getting their clients in the door first. After walking through the first house they looked at, first-time home buyers Megan and David Stricker followed their 

Zestimate Accuracy

Zestimate Accuracy

  When CBS This Morning co-host Norah ODonnell asked the CEO of Zillow recently about the accuracy of the websites automated property value estimates, known as Zestimates, she touched on one of the most sensitive perception gaps in American real estate. Zillow is the most