Buy or Sell with Melinda in Middle Tennessee

How Trusted Professionals Make Homebuying Easier to Understand In the spring, many excited buyers get ready to enter the housing market. Others continue dreaming about the homes they’d like to buy. The truth is, many potential buyers continue to dream longer than they need to, simply because they’re confused about the homebuying process. Thankfully, working with a trusted real estate professional can help ease those concerns and make the process to homeownership much easier to understand. A recent  survey  conducted by  Ipson and Freddie Mac  reveals the confidence level of Gen Z and Millennial buyers regarding the homebuying process. The graph below shows the breakdown of the top results, clearly indicating there’s a significant portion of younger buyers who are not yet confident with some of the steps in the homebuying process. Between the  homebuying  process  and the  mortgage process , there are  230  possible steps in the tr...

https://melindasellsmiddletennessee.com/great-news-for-renters-who-want-to-buy-a-home/ Great News for Renters Who Want to  Buy a Home Rents in the United States have been skyrocketing since 2012. This has caused many renters to face a tremendous burden when juggling their housing expenses and the desire to save for a down  payment  at the same time. The recent stabilization of rental prices provides a great opportunity for renters to save more of their current income to put toward the purchase of a home. Just last week the  Joint Center of Housing Studies of Harvard University  released the  America’s Rental Housing 2020 Report . The results explain the financial challenges renters are experiencing today, “Despite slowing demand and the continued strength of new construction, rental markets in the U.S. remain extremely tight. Vacancy rates are at decades-long lows, pushing up rents far faster than incomes. Both the number and share of cost-burd...