1 STOP MORTGAGE BLOG!

In Buying a Home, You're Also Buying a Neighborhood!

When You Are Buying a Home, You are also Buying a Neighborhood. It is important to access the last 6 to 12 months of property sales to see the probable current home value.  Also check the percentage of owner-occupied properties versus rental properties.An excellent idea is to knock on doors and talk to the people living in the neighborhood and ask them for their input.  You may be surprised at how honest and insightful people can be about where they live.It is important to either walk or drive around the neighborhood at different times of the day. Check out the schools in the...

August 18th, 2017 | Home Purchase, In Buying a Home, You're Also Buying a Neighborhood!

Home Purchases by Married Couples with Children

Married Couples with Children  The National Association of Realtors (NAR) 2015 Homebuyer Demographics has released their overview of homeowners with children.Here's the breakdown:Average age of parents - 36Average Gross Income of Household - $100,00027 percent are first-time homebuyersReason for home purchase  - Better area, closer to schools, job relocation, larger home & desire to own a homeTypes of homes purchased - 92 percent single family residences, 3 percent townhomes, one percent condominiums  & 4 percent other home types 

April 29th, 2016 | Home Purchase, Home Purchases by Married Couples with Children

Memphis Home Purchases Up!

Grab a Bag and Start Shopping!Today, our own local Chandler Reports on Local Housing Trends, published great news for Home Seekers in West Tennessee this Spring!  Take a look at what they say: A division of The Daily News, Chandler Reports has provided accurate and unbiased real estate data in Memphis and Shelby County for over 45 years.Derived from our extensive Market Trendsreports, and public record information from The Daily News, the "Pulse Report" offers you a comprehensive overview of residential and commercial sales activity, foreclosure analysis, new hous...

April 7th, 2015 | Home Purchase, Memphis Home Purchases Up!

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