An unexpected super surge in sales in March 2010 has many of us in the industry, and many buyers and sellers jumping for joy. As consumer confidence continues to rise, buyers and sellers continue to become more adapted to the current market, and real estate professionals continue to exude professionalism in our continually correcting market, real estate sales are abounding in a positive and promising way.

According to Lawrence Yun, NAR chief economist, it is positively promising to see an expansive home sales rebound in nearly every corner of America. This rebound has two resounding trends: “Sales have been above year-ago levels for nine straight months, and inventory has trended down from year-ago levels for 20 months running,” he said. “The home buyer tax credit has been a resounding success as these underlying trends point to a broad stabilization in home prices. This is preserving perhaps $1 trillion in largely middle class housing wealth that may have been wiped out without the housing stimulus measure.”

This spring time sales surge has birds singing in the Real Estate industry, but behind the sunshine there is a cloud looming. What happens after the tax credit ends? According to NAR Chief Economist Yun:

“With home values stabilizing, a revival in home buying confidence will likely help the housing market get back on its feet even as the tax credit impact disappears,” Yun said.

With any luck, this statement will resonate to be true, and every home owner in even the farthest reaching corners of America will breathe a heavy sigh of relief. When looking at each region of America, the correction is resoundingly positive and numbers across the board have increased, even if only nominally. Here in the South, existing-home sales showed an increase of 7.1% for an annual level of 1.97 million in March 2010 and are 13.9% higher than in 2009. The median home value was $154,800, up 5.2% from March 2009.

With 4 days left to get contracted and benefit from the Home Buyer Tax Credit, I am gearing up for a busy week. If anyone needs help buying or selling, or just needs some positive words of wisdom about real estate…feel free to call me:)

Happy House Hunting!!!

I can show you any home on the market in Murfreesboro and Middle Tennessee! You can simply Click here to do an MLS Property Search or give me a call and I’ll do the work for you!

True Real Estate professionalism is an ever-changing art in our correcting Real Estate market. We are truly fortunate to be in a changed but healthy market here in Middle Tennessee, and I pride myself on being on the cutting edge of the technology, trends, and changes that we face in the Real
Estate industry currently.

I am in constant communication with my buyers and sellers, and utilize the many tools at my disposal to effectively market my listings, and search for my buyers. I run my business as a high energy, heavily connected, technology-driven entity that has proven to be remarkably effective even as
our market continues to correct its self.

Though I use technology to market my properties, I market my self primarily through referrals. Referrals are the highest compliment of a job well done.

Professional Organizations:
Middle Tennessee Association of Realtors, Tennessee Association of Realtors, National Association of Realtors

Accredidations/Awards:
2007 Rookie of the Year Award
2007 Silver Award in Sales

Education/Licensing:
I hold a bachelor’s degree in Mass Communications, with an emphasis in Graphic Communications, as well as my affiliate broker’s license in Real Estate.

Community Involvement:
* Coach Indoor Soccer, Basketball, JR Pro Cheerleading for all age groups 
* Donate a percentage of each transaction to the Make-A-Wish Foundation
* Active in charitable walks/runs benefiting AIDS, Cancer, and Child Advocacy
* Member of the Chamber of Commerce in Rutherford County

Office Phone: (615) 896-4040

Cell Phone: (615) 507-9349

Fax Number: (615) 523-8787

E-mail Jackie Hogencamp

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We are all guilty of alittle fence riding. Be it a car, a house, or any other major purchase, all of us can be well, indecisive.

However, now more than ever the Humpty Dumpty inside us all needs to face plant off of that wall on one side or another, and the most savvy of savvy will land on the side of the wall/fence that means making a home purchase.

Record low rates, record low prices, record high inventory, record breaking incentives and tax breaks, and a motivation level that’s through the roof make this the best time imaginable to get off the fence and buy a house. And, it is our job as Real Estate agents, to help push you over the fence:) Not just because it’s our livelihood for now, but because making a choice to purchase a home right now could be not only the best time to buy into the American dream, but a cornerstone in a person’s wealth building strategy. Which means that you will love us for helping you make the leap, and we will continue to build a relationship with you for years to come, continue to do more business with you, and build a mutually beneficial relationship…which is a win/win for everyone involved:)

By and large, the biggest argument that I hear from my first time home buyers who are teetering on the edge of homeownership but are too timid to make the leap is the fear that homeownership comes with a huge price tag above and beyond the mortgage payment (i.e. maintenance and upkeep). Also, I hear people saying that they’d like to be debt-free otherwise before committing to such a large debt. Well. Here are my soapboxes on both of those arguments (and yes, I will recite them while helping you to the other side of the fence) lol:

You are not debt-free right now, but you have to pay rent to live somewhere. That rent could possibly be more than what you would pay to own. Living expenses for shelter are unavoidable no matter what other financial commitments you have (unless you are living with a relative rent free. This argument doesn’t go so far if that is the case). LOL!

Making a commitment to a 15 or 30 year debt for a house can be quite daunting. However, when looking at every incentive, and all of the other positive identifiers in the market right now, it makes the possibility of renting a more daunting alternative. Even with the added expense of taxes, PMI, and home owner’s insurance, with interest rates and incentives, the cost of ownership is so low, that an interest bearing savings account where one deposits the money saved per month from renting could go a long way for a person’s comfort level when dealing with the “what if this breaks” fear… Not to mention that if you qualify for the First Time Home Buyer Tax Credit, you have the potential of an $8000.00 nest egg right off of the bat. And you are building an equitable return on your money when you pay for your living expenses every month pertaining to your home.

As the deadline for the First Time Home Buyer Tax Credit looms, I find more and more people trying to make a commitment to become a homeowner. The time is now. Sieze the day. Take the leap. You won’t regret it

.

So, today was disheartening. Awesome client, awesome house, awesomely excited…and the dreaded home inspection day came.
Hands down, when I talk to clients before, during, and after transactions the home inspection is the most dreaded, nerve racking, grueling experience of all when making a home purchase… and selling a home!

So here’s my wise phrase that I use: EVERYONE involved feels the same way. The agents, the seller, the buyer, heck, even the mortgage person handling the loan! Every house has something wrong with it. Even brand spankin new construction will have a flaw- human beings build homes and there is room for human error, there are cosmetics that will be affected by a house being marketed/viewed, there are hidden elements that any upstanding and competent home owner can accidentally overlook.

There are certain things that will be deal breakers for different people. Home inspections are all different. There are good inspectors and bad inspectors. There are little things and big things. There are certain things that are found that would be nothing to one buyer, and everything to another. They are SUBJECTIVE in all rights of the word.

That said, there are ways to avoid the dreaded home inspection’s potential devastation…
For sellers of existing homes, have it pre-inspected by someone you know, like, and trust. If you don’t know any inspectors, handy men, or other home professionals, call an agent and get some recommendations.
For buyer‘s, don’t get too excited about things that turn up on the inspection until you have done some research, talked to your agent, and/or talked to a professional who can explain things to you.

Half the battle has been fought by the time we get to the home inspection. The rest of the battlefield is the half that leads to HOME!…so put down your bludgeoning tool and take a deep breath! Short of a sink hole, tectonic plate movement, or dead bodies int he basement, almost everything is fixable Even if a deal falls apart due to a home inspection for one buyer, repairs can be made, and the next buyer may have a completely different outlook:)

But…for now…looks like me, the buyer, and the seller all get to go back to the drawing bored. Yippee. LOL!

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Murfreesboro Computer Repair   Murfreesboro Real Estate Agent