Posts by Elizabeth Smith
Why Home Sales Bounce Back After Presidential Elections
With the 2024 Presidential election fast approaching, you might be wondering what impact, if any, it’s having on the housing market. Let’s break it down. Election Years Bring a Temporary Slowdown In any given year, home sales slow down slightly in the fall. It’s a typical, seasonal trend. However, according to data from BTIG, in election years there’s…
Read MoreWhy Your House Will Shine in Today’s Market
Even though there are more homes available for sale than there were at this time last year, there are still more buyers than there are houses to choose from. So, know that if you’ve got moving on your mind, your house can really stand out. There are several key reasons why there aren’t enough homes to go around…
Read MoreElizabeth in the Top 20 RE/MAX Realtors by Volume
Elizabeth Smith was recognized as a Top 20 realtor by volume for RE/MAX in Middle Tennessee for the month of September!
Read MoreFalling Mortgage Rates Are Bringing Buyers Back
If you’ve been hesitant to list your house because you’re worried no one’s buying, here’s your sign it may be time to talk with an agent. After months of high rates keeping buyers on the sidelines, things are starting to shift. Rates are already coming down due to a number of economic factors. And yesterday the Federal Reserve cut…
Read MoreThe Down Payment Assistance You Didn’t Know About
Believe it or not, almost 80% of first-time homebuyers qualify for down payment assistance, but only 13% actually use it. And if you’re hoping to buy a home, this is a mission-critical gap to close – fast (see graph below): Here’s what you need to know to make the most of your down payment in today’s housing market.…
Read MoreWhat To Know About Closing Costs
Now that you’ve decided to buy a home and are ready to make it happen, it’s a good idea to plan ahead for the costs that are a typical part of the homebuying process. And while your down payment is probably the number one expense on your mind, don’t forget about closing costs. Here’s what you need to know.…
Read MoreThe RE/MAX Collection® 12th Annual Luxury Forum
This year, I’ve been invited to attend the RE/MAX Collection Luxury Forum, set for June 18-19 at The Ritz-Carlton in Lake Tahoe, California. The RE/MAX Collection is a luxury home marketing program exclusive to RE/MAX associates and their affluent homebuyers and sellers around the world. The 12th annual Luxury Forum is an event that promises to…
Read MoreHome Prices Aren’t Declining, But Headlines Might Make You Think They Are
If you’ve seen the news lately about home sellers slashing prices, it’s a great example of how headlines do more to terrify than clarify. Here’s what’s really happening with prices. The bottom line is home prices are higher than they were a year ago at this time, and they’re expected to keep rising, just at a slower…
Read MoreSelling Smart: Why a Real Estate Agent Makes All the Difference
If you’re considering selling your house on your own as a “For Sale by Owner” (FSBO), you want to think about if it’s really worth the extra stress. Going this route means shouldering a lot of responsibilities by yourself – and, if you’re not an expert, that opens the door for mistakes to happen and can quickly…
Read MoreRecent News with the National Association of Realtors
I’m sure many of you have read or heard on the news that the National Association of Realtors is proposing to settle a lawsuit involving sellers. Many of the headlines have suggested major changes in how much realtors are compensated, and some of those headlines have claimed that commissions are going away. This is a…
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