Owning rental property can be a lucrative endeavor, but it can also be costly if issues arise between the owner of the property and the tenant. Property owners have rights, as do tenants, and there are times when there is confusion where one party’s rights end and the...
Current expectations for commercial real estate
There have been various factors that have impacted real estate over the last three years, including drastic changes in demand, skyrocketing prices and a pandemic. At the moment, rising interest rates are having a significant effect on property transactions, and...
What are the expectations for real estate in 2023?
The last few years have brought significant changes to both commercial and residential markets. As investors, buyers and sellers look to the upcoming year, considering current trends can help one create reasonable expectations regardless of his or her individual real...
Is it still profitable to buy and flip homes?
Buying a home for the purposes of remodeling or repairing it is an expensive investment. If a Tennessee buyer does not intend to live in the home, the ability to resell the home quickly and for a reasonable amount of money is critical. Flipping homes can be a...
What should one expect when buying a home?
Buying a home is a significant financial and legal transaction, and careful consideration should be given to the risks involved with this purchase. A Tennessee buyer can prepare for what is ahead and possibly mitigate some of the risks he or she is facing by...
Expectations for the housing market in the near future
Buying or selling a home in the current market can be a complicated endeavor. There are reasons for both Tennessee buyers and sellers to remain cautious as inflation, rising interest rates and other economic factors will likely have impacts on the housing market in...
The difficulty of selling a home during a recession
Homebuyers have many important factors to consider no matter when they are selling a home in Tennessee, but there are times when that process may seem especially challenging. With signs pointing to the possibility of a recession, homeowners may wonder how this could...
What title defects could affect your home purchase?
The purchase of a home is one of the most significant and important purchases one will make. Due to the serious legal and financial implications of this type of purchase, it is critical to avoid setbacks that could potentially cost a buyer both time and money. One...
Is the residential real estate market crashing?
For the last few years, residential property sales have increased at historic rates, and home prices rose to the point where some Tennessee buyers were unable to afford homes. After a lengthy period of a highly competitive residential real estate market, there are...
Remote work continues to affect residential real estate
During the pandemic, many Tennessee employers shifted to a remote work model that allowed them to continue operations while keeping their employees as safe as possible. Working from home became a trend that eventually became the norm, and now many employees now work...