Posted by Jenny Smith on Friday, January 19, 2024 at 4:06:25 PMBy Jenny Smith / January 19, 2024Comment
Unlock Winter's Best-Kept Real Estate Secrets with Our Expert Panel!
Join Jenny, Sean, Meagen, Jessica, and Karma as they uncover the top reasons to buy a house this winter! Dive into a candid chat where they discuss the latest market shifts: stabilized interest rates, eager sellers ready to negotiate, and the unique chance to see properties at their barest – meaning they'll only get better! This video is a must-watch for anyone eyeing a winter home purchase. Discover the hidden advantages of buying now and get ready to be amazed come spring!
Posted by Jenny Smith on Monday, October 9, 2023 at 2:12:45 PMBy Jenny Smith / October 9, 2023Comment
Recession vs. Housing Crisis: Navigating the Real Estate Market in Uncertain Times
The word 'recession' often conjures up fears of financial ruin, but how does it differ from a housing crisis? In our latest video, Jenny and Meagen unpack the complexities of these two economic phenomena and their impact on the real estate market.
What Sets Them Apart? Firstly, it's crucial to understand that a housing crisis and a recession are not the same thing. A housing crisis typically affects specific industries and sectors, creating an oversupply of inventory. The 2008 housing crisis, for example, disproportionately affected the real estate and finance sectors, while other industries flourished. On the other hand, a recession...
Posted by Jenny Smith on Tuesday, September 12, 2023 at 7:12:43 AMBy Jenny Smith / September 12, 2023Comment
Why 2019 is THE Real Estate Benchmark: Insights from Jenny Smith & Jessica Miller
The real estate market has seen its fair share of ups and downs, but one thing has become abundantly clear: the market isn't what it used to be. In a recent candid conversation, real estate experts Jenny Smith and Jessica Miller explored why 2019 has emerged as the crucial benchmark for evaluating today's market dynamics.
Inventory Levels Have Dropped Significantly Perhaps the most striking trend is the sharp decline in housing inventory, which is down 50% compared to the same period in 2019. While this may be unsettling for some, understanding the factors contributing to this can provide valuable insights for both buyers and...
Posted by Jenny Smith on Friday, January 13, 2023 at 1:19:46 PMBy Jenny Smith / January 13, 2023Comment
What is homestead exemption, do I qualify, and how do I apply?
What is homestead exemption?
Homestead exemption is a legal provision that allows a homeowner to protect the value of their primary residence from creditors and property taxes. The purpose of homestead exemption is to provide homeowners with financial protection and stability by allowing them to retain ownership of their home, even if they encounter financial difficulties or incur debts.
How do I apply for homestead exemption?
File the application with your county's tax commissioner's office or tax assessor's office by April 1st to be applied for the current tax year.
Cherokee County: Apply In Person at the Tax Assessors Office
Posted by Jenny Smith on Tuesday, January 3, 2023 at 10:30:32 AMBy Jenny Smith / January 3, 2023Comment
My Crazy Predictions for 2023
For all you real estate veterans out there, you know it can be tough to predict what's going to happen in the market, and in no way am I claiming to have a crystal ball. But from my research and what I'm seeing happening currently in the market here are a few of my crazy predictions for the 2023 real estate market:
1. There is no housing bubble…thank goodness!! 2. Mortgage rates will drop. 3. Don't expect inventory to grow significantly. 4. No buyer's market but more of a balanced one. 5. Sellers will have to be more realistic. 6. New construction is likely to continue increasing as builders try to keep up with the demand for single-family homes. 7. Affordability will continue to be a major issue as prices rise due to lack of...
Posted by Jenny Smith on Monday, November 21, 2022 at 12:14:03 PMBy Jenny Smith / November 21, 2022Comment
How are interest rates affecting the market?
This morning we were at a new listing and thought we would give you a little market insight. But I do have to say at the end the entire team started laughing at me... I need to know are you familiar with this saying...