2017 RE/MAX Elite January Kickoff – Bridgestone Arena

A great start to the new year with our annual January Kickoff celebration and awards ceremony at the Lexus Lounge in Bridgestone Arena!

Team George Weeks took home a lot of awards again this year:

  • Dec 2016 Top Producer in Volume #1 Murfreesboro
  • Dec 2016 Top Producer in Volume #1 RE/MAX Elite
  • 2016 Top Producer in Volume #1 Murfreesboro
  • 2016 Top Producer in Volume #2 RE/MAX Elite
  • Titan Club Award

Individual Agent Awards this year went to:

  • Eddie Mann – Executive Club Award
  • Mike Patterson – Executive Club Award
  • Erin Kosko – 100% Club Award

Team George Weeks remains your award winning team working harder than just about any other team in the business for our clients!

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Will Your Home’s Value Be Affected By President Trump?

home value trump cover 300x157 - Will Your Home’s Value Be Affected By President Trump?We all heard the threats…

“If Donald Trump is elected President, I’m moving to Canada.” (Or whatever other country…)

Mostly it was celebrities saying that, although you probably heard some joking, offhand remarks from people you actually knew locally.

But you probably had to be a real estate agent to hear people say this…

“Will the value of my house be affected, because of everyone moving out of the country, if Donald Trump is elected?”

Well, he was elected. And as of now, no matter how much research you do, it’s hard to pinpoint how many people actually moved because he was elected. It seems like very few…if any. So, the chances of the value of your house being affected by a mass exodus are very low.

Now that we know Donald Trump was elected, the questions real estate agents hear have become a little more specific.

More along the lines of…

“Do you think the value of my house will go up, because Donald Trump was elected?”

-or-

“Do you think the value of my house will go down, because Donald Trump was elected?”

Here’s the thing…

You’ve probably heard something along these lines before. But, real estate agents don’t have a crystal ball they can gaze at, or a magic 8 ball they can shake, to get answers to those sorts of questions.

It’s almost impossible to predict future real estate values.

But yet you hear people speculating all the time. From economists, to politicians, to TV pundits, and on down to some real estate agents at cocktail parties.

The problem with people doing it is that they seem credible. And you may base your hopes or concerns upon what you are hearing. But most of what you hear is broad and general. It is prediction. Speculation. Entertainment to some degree…

For the most part it is stuff people say in order to make conversation, or to fill the need for content to put on a TV or computer screen.

But the person saying it has no responsibility to you. They don’t know your specific life scenario. And they don’t know your home or real estate market.

Real estate agents (at least good ones) can’t and don’t speculate. We base home values and our advice upon local data…what has recently sold…and the current buyer activity. Not what might happen.

So, at the end of the day…

There’s no way to absolutely answer whether or not Donald Trump becoming President will cause the value of your home to go up or down. And you’re better off ignoring speculation.

If you want to know the value of your home, or whether it makes sense for you to buy another home in the near future, just give your local real estate agent a call.

They will analyze the market as it is, and your specific life situation, in order for you to make a truly informed decision.

Preparing to Sell

Preparing to Sell 300x200 - Preparing to SellSelling your home doesn′t just mean hiring a realtor to stick a sign out front. There are a lot of preparations you should make to ensure you get the best offer possible in the shortest time.

Repair. Just because you’ve gotten used to the cracks in the walls and the rattles in the radiators doesn’t mean a buyer will too. If you have hardwood floors that need refinishing, be sure to get it done—hardwood is a huge selling point. Buyers like to snoop around, so be sure to fix any sticky doors or drawers as well. Finally, don’t forget to address any issues with the exterior—fences, shingles, sidewalks, etc. After all, without curb appeal, some buyers may never get to see the inside.

Neutralize. You want buyers to see themselves in your home. If your living room has lime green shag, wood-paneled walls, and all your collectibles and personal photographs, this will be much harder for them to do. Try replacing any bold color choices in your floors and walls with something more neutral—beiges, tans, and whites. Repainting and reflooring will make everything look fresh and new, and help prospective buyers imagine all the possibilities.

Stage. Once your house is clean and updated, it’s time to play dress up. Home stagers can add small details and décor touches that will bring out the possibilities in the various spaces in your home: lamps, mirrors, throw rugs and pillows, flowers, decorative soaps and towels, patio furniture. Home staging can be particularly useful if your home is especially old or if the exterior looks dated. Think of it as a little mascara and rouge—if it’s done right, you notice the beauty, not the makeup.

3 Questions to Ask Before Buying Your Dream Home

3 Questions to Ask Before Buying Your Dream Home | Keeping Current Matters

 

If you are debating purchasing a home right now, you are probably getting a lot of advice. Though your friends and family will have your best interest at heart, they may not be fully aware of your needs and what is currently happening in the real estate market. Ask yourself the following 3 questions to help determine if now is actually a good time for you to buy in today’s market.

1. Why am I buying a home in the first place?

This truly is the most important question to answer. Forget the finances for a minute. Why did you even begin to consider purchasing a home? For most, the reason has nothing to do with money. For example, a recent survey by Braun showed that over 75% of parents say “their child’s education is an important part of the search for a new home.” This survey supports a study by the Joint Center for Housing Studies at Harvard University which revealed that the four major reasons people buy a home have nothing to do with money. They are:

  • A good place to raise children and for them to get a good education
  • A place where you and your family feel safe
  • More space for you and your family
  • Control of that space

What does owning a home mean to you? What non-financial benefits will you and your family gain from owning a home? The answer to that question should be the biggest reason you decide to purchase or not.

2. Where are home values headed?

According to the latest Home Price Index from CoreLogic, home values are projected to increase by 5.3% over the next 12 months.

What does that mean to you?

Simply put, if you are planning on buying a home that costs $250,000 today, that same home will cost you an additional $13,250 if you wait until next year. Your down payment will need to be higher as well to account for the higher home price.

3. Where are mortgage interest rates headed?

A buyer must be concerned about more than just prices. The ‘long term cost’ of a home can be dramatically impacted by even a small increase in mortgage rates. The Mortgage Bankers Association (MBA), the National Association of Realtors, Fannie Mae and Freddie Mac have all projected that mortgage interest rates will increase over the next twelve months as you can see in the chart below: Mortgage Rate Projections | Keeping Current Matters

Bottom Line

Only you and your family will know for certain if now is the right time to purchase a home. Answering these questions will help you make that decision.

Source:  Keeping Current Matters

Five ideas that can dramatically improve your living room

Can’t seem to create a living room that feels quite right? Looking for some styling tips that will bring your living room up a notch? Here are five ideas that can dramatically improve your living room.

  1. Move the furniture away from the walls: The tendency is to place your furniture against the walls, but giving it a little room to breathe will make the seating area seem cozier while also making the room seem more spacious.
  2. Mix old and new pieces: Using the same furniture set to furnish an entire room can make it seem a bit sterile. Try mixing and matching different pieces and styles to give your living room a more eclectic feel.
  3. Keep everything low: Arranging photos and artwork lower on walls will make a room appear larger, and can also draw more attention to the pieces themselves.
  4. Place a bookshelf behind the sofa: It doesn’t have to be your entire personal library. Mix and match books with knick-knacks and other items to add some depth and texture to the space behind your sofa.
  5. Try a smaller coffee table: Your current coffee table is probably larger than it needs to be, and it may be dominating the room. Try downsizing to a table that can still hold magazines, a centerpiece, and a few drinks, but will also give you a bit more room to move around your furniture.

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Do You Know the Impact Your Interest Rate Makes?

Do You Know the Impact Your Interest Rate Makes? [INFOGRAPHIC] | Keeping Current Matters

Some Highlights:

  • Interest rates have come a long way in the last 30 years.
  • The interest rate you secure directly impacts your monthly payment and the amount of house that you can afford if you plan to stay within a certain budget.
  • Interest rates are at their lowest in years… RIGHT NOW!
  • If buying your first home, or moving up to the home of your dreams is in your future, now may be the time to act!

3 Surprising Ways Public Schools Affect Your House Hunt

It’s back-to-school season. School supplies are front and center in the stores, back-to-school sales are everywhere, and school buses are becoming part of the morning commute.

Even if the public school district is not an important factor in your home search, the location of public schools can still have a significant impact on your home buying decision.

If you are looking for a home near a school, you may want to take these factors into consideration.

1. School Speed Zones

Pay attention to the speed limit around schools and times that the school zone speed is enforced. You may want to consider a home that has convenient alternate routes around the school zone.

the stop sign on the side of a bus2. School Bus Stops

Whether there is a bus route through your neighborhood or on a major thoroughfare, it can affect traffic around your home. Call the school district and ask if there is a bus that stops near your home to pick up students.

3. Morning and Afternoon Traffic

Traffic congestion near public schools may be an issue during the weekdays. Crowded carpool lanes and frequent bus stops can turn a short trip to the grocery store into a frustrating ordeal.

When you are searching for your home, visit the area during peak morning and afternoon hours. Again, you may want to consider a home that is farther from the school or has convenient alternate routes.

We Are Your Guide to the Area

Realtor showing a buyer a homeA school’s location can affect your decision to buy a home, especially if you are new to the area. But a real estate agent is your local expert, giving you everything you need to know about how the nearby schools will affect your morning commute or afternoon trip to the store.

We can help you find the best home in the best location. Call us and let’s talk about your home search.