working with a realtor
Before You Make an Offer, Here Are 4 Tips for Success!
 December 14, 2017    Cindi Parmenter

So, you’ve been searching for that perfect house to call a ‘home,’ and you finally found it! The price is right, and in such a competitive market, you want to make sure that you make a good offer so that you can guarantee that your dream of making this house yours comes true! Freddie Mac covered “4 Tips for Making an Offer” in their Executive Perspective. Here are the 4 tips they covered along with some additional information for your consideration: 1. Understand How Much You Can Afford “While it’s not nearly as fun as house hunting, fully understanding your finances is critical in making an offer.” This ‘tip’ or ‘step’ should really take place before you start your home search process. Getting pre-approved is one of many steps that will show home sellers that you are serious about buying, and will allow you to make your offer with the confidence of knowing […]

Gold in Your Home in 2018
What is the Cost of Waiting Until Next Year to Buy?
   Cindi Parmenter

We recently shared that over the course of the last 12 months, home prices have appreciated by 7.0%. Over the same amount of time, interest rates have remained historically low which has allowed many buyers to enter the market. As a seller, you will likely be most concerned about ‘short-term price’ – where home values are headed over the next six months. As a buyer, however, you must not be concerned about price, but instead about the ‘long-term cost’ of the home. The Mortgage Bankers Association (MBA), Freddie Mac, and Fannie Mae all project that mortgage interest rates will increase by this time next year. According to CoreLogic’s most recent Home Price Index Report, home prices will appreciate by 4.7% over the next 12 months. What Does This Mean as a Buyer? If home prices appreciate by 4.7% over the next twelve months as predicted by CoreLogic, here is a […]

Home Direction
Should Boomers Buy or Rent after Selling?
   Cindi Parmenter

In a recent CNBC article, it was reported that many baby boomers are selling their current homes and moving into rentals, rather than purchasing another home. “Between 2009 and 2015, the number of renters aged 55 or above rose 28 percent, while those aged 34 or younger only increased 3 percent… Meanwhile, more than 5 million baby boomers across the nation are expected to rent their next home by 2020, according to a 2016 analysis from Freddie Mac.” This makes sense in the short term for many reasons. If you are moving to a different part of town or a new region of the country, you may decide to rent until you pick the perfect home in an area you love. However, is renting a good long-term strategy? A mortgage payment remains fixed. Rents, however… The Census Bureau recently released their 2017 third quarter median rent numbers. Here is a graph […]

Why Is There So Much Paperwork Required to Get a Mortgage?
   Cindi Parmenter

Why is there so much paperwork mandated by the lenders for a mortgage loan application when buying a home today? It seems that they need to know everything about you and requires three separate sources to validate each and every entry on the application form. Many buyers are being told by friends and family that the process was a hundred times easier when they bought their home ten to twenty years ago. There are two very good reasons that the loan process is much more onerous on today’s buyer than perhaps any time in history. 1. The government has set new guidelines that now demand that the bank proves beyond any doubt that you are indeed capable of paying the mortgage. During the run-up to the housing crisis, many people ‘qualified’ for mortgages that they could never pay back. This led to millions of families losing their home. The government wants to make sure this can’t […]

Home Prices Up 7% from Last Year
   Cindi Parmenter

According to CoreLogic’s latest Home Price Index, national home prices have appreciated by 7.0% from October 2016 to October 2017. This marks the second month in a row with a 7.0% year-over-year increase. A lack of supply of homes for sale has led to upward pressure on home prices across the country, especially in areas where both existing and new home inventory have not kept up with buyer demand. CoreLogic’s Chief Economist Frank Nothaft elaborated on the significance of such a large year-over-year gain,  “Single-family residential sales and prices continued to heat up in October. On a year-over-year basis, home prices grew in excess of 6 percent for four consecutive months ending in October, the longest such streak since June 2014. This escalation in home prices reflects both the acute lack of supply and the strengthening economy.” This is great news for homeowners who have gained over $13,000 in equity […]

Unlock your happiness
The #1 Reason to List Your House Today!
   Cindi Parmenter

Many people believe that selling their house during “the spring buyers’ market” is the best thing to do. Their reasoning is that there will be more buyers than there are during the winter months and, therefore, their house will sell quicker and for a higher price. Historically, this made sense. However, today’s real estate market is not following the rules of the past. The National Association of Realtors (NAR) measures buyer “foot traffic” each month. It receives data on the number of properties shown to a prospective purchaser by a Realtor® (based on the number of lockboxes used). The data reveals the number of buyers out actively looking for a home, not just window shopping on the internet. NAR explains: “Foot traffic has a strong correlation with future contracts and home sales, so it can be viewed as a peek ahead at sales trends two to three months into the […]

Branded Collective Jewelry to End Sex Trafficking
Make Santa’s “Nice” List, Gift-Giving With Heart
 November 8, 2017    Cindi Parmenter

Written by Kate Cortner You have probably noticed that retailers city-wide are donning their store-front windows with frost and tinsel.  Shops are just waiting for consumers to flock to their stores in search of the perfect gift.  You will find some amazing deals on Cyber Monday or Black Friday, and getting a good deal is always fun.  However, when I think of gift-giving, there is a little voice in my head that says, “another year of buying the same old stuff.  I wish there were something unique I could find for (fill in the blank).”  Well, it IS possible to find unique AND affordable gifts that require no Pinterest skills or craftiness.  Nor do you have to stand in line at 12 am to take advantage of these deals.  Hooray for that! You have unique ways to shop now, more than ever.  Many local boutiques are catching on to Socially […]

Goat Yoga
 September 29, 2017    Cindi Parmenter

It’s true.   Humans have a particular soft spot for cute little goats, and Nashville now has a thriving market for yoga with goats.  When first hearing about this new past time, I thought it sounded a bit ridiculous.  How are you supposed to enjoy yoga when a goat is jumping on you?  That’s just silly!  Apparently, though, there is some science behind this unique style of animal therapy. Owners of Goat Yoga Nashville, Melody and Jason, explained that they began this project based on inspiration from a family member who is a firefighter.  He loved doing yoga to unwind, and he also loved goats, so he encouraged them to try it out.  Firefighters, and other individuals with occupations where daily trauma is a norm, frequently cope with PTSD, depression, or other similar side effects.  Yoga is known to benefit people with high-stress careers.  Goat Yoga became a neat way for Jason and Melody […]

The Plaza Mariachi
 August 29, 2017    Cindi Parmenter

The InterNASHional Food Crawl is just around the corner and with it starting at Plaza Mariachi, the inspiration for this blog, there’s no better time to do a feature on the Plaza! Right off of Nolensville Pike, this hidden gem is quickly becoming a hub of hispanic culture for Nashville. The owner of Plaza Mariachi, Mark Janbakhsh, has created a cultural shopping experience that offers a blend of Latin art, food, retail, performance space and professional services like salons and law offices. With an expected growth of the Hispanic community to 34 percent by 2040, Nashville is one of the fastest growing Hispanic Cities in the country (Tennessean, 2016). Plaza Mariachi not only provides a cultural home for this community but additionally, creates cultural awareness and a memorable experience for all who visit. While the Plaza is a must see. We even started an entire blog because we were so […]

The International Food Crawl
 August 15, 2017    Cindi Parmenter

Written by Thelma Kidd Done. I’ve purchased my ticket to the International Food Crawl.  I am late to the game on this wonderful Nashville event, which is in its fifth year, but I have heard enough about it that I don’t want to miss another year. My friend and former business partner, Karen Davis, an expert at finding interesting places and events, told me about the Food Crawl.  She enjoyed this “tasty, new eating experience” and said she has returned to several of the restaurants she discovered on the Food Crawl.  In addition to that, it “supports a great cause.”     The International Food Crawl is organized by the Tennessee Immigrant and Refugee Rights Coalition.  TIRRC is a statewide, immigrant and refugee-led collaboration whose mission is to empower immigrants and refugees throughout Tennessee to develop a unified voice, defend their rights, and create an atmosphere in which they are […]