The Demand Institute recently polled more than 10,000 households — both renters and home owners — across income levels to find their top unfulfilled housing needs and desires.
When you are looking for the best neighborhoods in the greater Memphis area to live and raise a family, you’re probably looking for low crime rates, good shopping, other nice amenities, and quality schools. Described here are some of the better neighborhoods filling those needs in the greater Memphis area. Collierville. With a population of […]
Fred Watt is the director of the FHFA and is responsible for the oversight of Fannie Mae and Freddie Mac. In October, he announced that he plans to allow 3% down payments mortgages for the many financial institutions that Fannie and Freddie guarantee. He states that his intention is to include more minorities and people […]
There are many ways for both the seller and buyer to both benefit from rent to own homes. Rent to own contracts are not standard purchase contracts. The seller and buyer can write almost any clauses into the contract that meet their needs. Today’s real estate market is showing signs of recovery but it would […]
Year-on-year, Memphis and Shelby County saw a slight increase in new home permits. Third quarter numbers for 2014 were up 3.4 percent. However, new home permits were down 13.4 percent compared to the second quarter of 2014. The exact numbers were 212 new construction permits in the third quarter of 2014 compared to 245 permits […]
The spike expected in homes prices during the traditionally busy spring and summer buying season never really developed. Prices in much of the nation remain higher than a year ago but didn’t go up as much as expected. Last year the gain from the second quarter to the third was three percent. This year it […]
When it comes to a retirement community, you’ll find plenty of options and reasons to select Memphis. Of course, retirees need more than a nice climate and a place to live. The amenities and resources for retirees are plentiful in the Memphis region. Memphis abounds in recreation centers, places to find delicious food, opportunities to […]
The rules keep changing but the time has come for many boomerang buyers to get back into home ownership. More than 4.7 million homeowners are estimated to have lost their home to foreclosures or short sales since 2007. Through the “Back to Work – Extenuating Circumstances” program, the FHA has relaxed its guidelines for borrowers […]