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    Americans Find the Nonfinancial Benefits of Homeownership Most Valuable

    By Marj Arcinue | May 3, 2021

    Homeownership is a foundational part of the American Dream. As we look back on more than a year of sheltering in our homes, having a place of our own is more important than ever. While financial benefits are always a key aspect of homeownership, today, homeowners rank the nonfinancial and personal benefits with even higher value. Recently, two... Read More

    Patience Is the Key to Buying a Home This Year

    By Marj Arcinue | April 28, 2021

    The question many homebuyers are facing this year is, “Why is it so hard to find a house?” We’re in the ultimate sellers’ market, which means real estate is ultra-competitive for buyers right now. The National Association of Realtors (NAR) notes homes are getting an average of 4.8 offers per sale, and that number keeps rising. Why? It’s because there are... Read More

    Will the Housing Market Maintain Its Momentum?

    By Marj Arcinue | April 27, 2021

    Last week’s Existing Home Sales Report from the National Association of Realtors (NAR) shows sales have dropped by 3.7% compared to the month before. This is the second consecutive month that sales have slumped. Some see this as evidence that the red-hot real estate market may be cooling. However, there could also be a simple explanation as to why... Read More

    4 Tips to Maximize the Sale of Your House

    By Marj Arcinue | April 26, 2021

    Homeowners ready to make a move are definitely in a great position to sell today. Housing inventory is incredibly low, driving up buyer competition. This gives homeowners leverage to sell for the best possible terms, and it’s fueling a steady rise in home prices. In such a hot market, houses are selling quickly. According to the National Association... Read More

    Planning to Move? You Can Still Secure a Low Mortgage Rate on Your Next Home

    By Marj Arcinue | April 21, 2021

    This year, mortgage rates have started to slowly climb above recent record-breaking lows. Many homeowners planning to move may feel like they’ve missed the chance to score a great rate on their next mortgage. In reality, there’s still time to secure a rate far below the historic norm. Here’s why. After creeping up for seven consecutive weeks,... Read More

    82,338 Great Reasons to Buy a Home Today

    By Marj Arcinue | April 20, 2021

    The financial benefits of buying a home as compared to renting one are always up for debate. However, one element of the equation is often ignored – the ability to build wealth as a homeowner. Most experts are calling for home prices to continue appreciating over the next several years. The most recent Home Price Expectation... Read More

    #GoWallaceGroup: Meet Christy Davis

    By Marie Miller | April 19, 2021

    Wallace Group Home & Laon would like to extend a warm welcome to Christy Davis!  We are excited she picked Wallace Group Home & Laon ! A few things to know about Christy: ·  City you were Born in: Born and raised in Memphis, TN ·  Enjoy working in what areas of Memphis? All of the 901!! ·  Spouse:  Married 20... Read More

    How Much Time Do You Need To Save for a Down Payment?

    By Marj Arcinue | April 19, 2021

    One of the biggest hurdles homebuyers face is saving for a down payment. As you’re budgeting and planning for your home purchase, you’ll want to understand how much you’ll need to put down and how long it will take you to get there. The process may actually move faster than you think. Using data from the U.S. Department... Read More

    93% of Americans Believe a Home Is a Better Investment Than Stocks

    By Marj Arcinue | April 14, 2021

    A recent Survey of Consumer Finances study released by the Federal Reserve reveals the net worth of homeowners is forty times greater than that of renters. If you’re wondering if homeownership is a good investment, the study clearly answers that question, and the answer is yes. Do Americans believe a home is a better investment than stocks? In a post... Read More

    Some Buyers Prefer Smaller Homes

    By Marj Arcinue | April 13, 2021

    Over the past year, we’ve had plenty of opportunities to reflect on what we consider most important in our lives. The place we call home is one of the biggest things many of us are reevaluating. George Ratiu, Senior Economist at realtor.com, shares: “The very nature of the pandemic, through the health implications, social distancing, and need to isolate, has really... Read More