The real estate market is one of the bright spots in our economy. Here in middle Tennessee, we see that the majority of people in the housing market are fortunate enough to be in industries that were not heavily affected by the Covid-19 induced recession. So, more people are moving locally and entering the market […]
Homebuyer Demand Is Far Above Last Year’s Pace
Homebuying has been on the rise over the past few months, with record-breaking sales powering through the market in June and July. Buyers are actively purchasing homes, and the momentum is continuing into the fall. It is, however, becoming harder for buyers to find homes to purchase. If you’ve been thinking about selling your house, the coming […]
Even With Rising Prices, Homes are More Affordable Than Ever
We keep hearing that home prices are going up. And, it’s normal to think a home will cost more as the trend continues. The way the housing market is positioned today, however, low mortgage rates are actually making homes more affordable, even as prices rise. Here’s why. According to the Mortgage Monitor Report from Black Knight: “While home prices […]