5368 CHICKASAW RD, Memphis, TN

Super Cute 3BR Home in White Station Neighborhood~Large, Open Living Room & Dining Room Combo~Nice Eat-In Kitchen w/ Lots of Cabinet Space~Great Master Bedroom w/ On-Suite Master Bath & Great Closet~Two Other Nice Sized Bedrooms~Huge Fenced-In Backyard w/ Great Landscaping~AND MORE!!

Memphis Homes For Sale

Search All Homes For Sale Homes Close to Where You Work Avoid Foreclosure What is Your Home Worth? Jennifer Carstensen RE/MAX Real Estate Experts 901-410-8818 jensellsmemphis@gmail.com

Industry Experts Agree: Housing Supply Too Low

Last week, we reported on the lack of housing supply and how that was impacting the real estate market. Today, we want to let you know what other industry experts are saying. Daren Blomquist, RealtyTrac Vice President:

“It’s kind of a seesaw right now between supply and demand. One of the reasons for fewer sales is not so much a lack of demand but a lack of supply, especially in the price range the majority of buyers were looking for.”

Diana Olick, CNBC’s Realty Check:

“Total sales are still running below expectations for the year. Don't blame winter weather, though. Blame the lack of supply.”

Bill McBride, Founder of Calculated Risk:

“Inventory is still very low (down 0.5% year-over-year in February). This will be important to watch over the next month at the start of the spring buying season.”

Lawrence Yun, Chief Economist at the National Association of Realtors:

“Insufficient supply appears to be hampering prospective buyers in several areas of the country and is hiking prices to near unsuitable levels. Stronger price growth is a boon for homeowners looking to build additional equity.”

Realtor.com

“The National Housing Trend Report shows that inventory has decreased 10.9 percent year over year.”

And some experts are actually calling it a “seller’s market”

Forbes.com

“Tight inventory is a main reason the ball is still in the sellers' court.”

Bill Banfield, VP of Quicken Loans:

“We’re a bit low on the supply-side which could force prices up for buyers, further hammering home that we’re in a seller’s market.”

Bottom Line

If you are debating putting your home on the market this year, now may be the time. The number of buyers ready and willing to make a purchase is at the highest level in years. Contact a local professional in your area to get the process started.

 Source: The KCM Crew / Keeping Current Matters 04012015

115 ARBORLON, Oakland, TN

Wonderful 4BR (or 3+Bonus) Home in Oakland~Open Floor Plan Features Huge Great Room w/ Fireplace and Formal Dining Room~Nice Eat-In Kitchen w/ New Tile Backsplash~Spacious Master Bedroom w/ On-Suite Luxury Master Bath & Walk-In Closet~Split Bedroom Floor Plan~Large 4th Bedroom or Bonus Room Upstairs~Gorgeous Backyard w/ Custom Arbor & New Fence is Perfect for Entertaining & Relaxing~New Exterior Paint~New Garage Door~New HVAC~AND MORE!!

Oakland Homes For Sale

Search All Homes For Sale Homes Close to Where You Work Avoid Foreclosure What is Your Home Worth? Jennifer Carstensen RE/MAX Real Estate Experts 901-410-8818 jensellsmemphis@gmail.com

1566 N PISGAH, Unincorporated, TN

Don't Miss This Gorgeous 6BR Home on 4 Acre Lot w/ In-Ground Pool~Two-Story Entryway~Open Floor Plan Features Huge Great Room w/ Fireplace & Built-Ins and Formal Dining Room~Recently Updated Kitchen Features Stainless Steel Appliances & Granite Counters~Breakfast Area & Hearth Room w/ Fireplace off Kitchen~Large Master Bedroom Down w/ On-Suite Bath Features Claw Foot Tub, Separate Shower & Walk-In Closet~Loft Features Built-In Office Desk & Shelves~4 Bedrooms (or 3+Bonus) Up~AND MORE!!

Unincorporated Homes For Sale

Search All Homes For Sale Homes Close to Where You Work Avoid Foreclosure What is Your Home Worth? Jennifer Carstensen RE/MAX Real Estate Experts 901-410-8818 jensellsmemphis@gmail.com

3640 CEDELL, Memphis, TN

3640 CEDELL, Memphis, TN Get Directions Click Here   Description Photos Maps & Local Schools Virtual Tour   $ Click for current price 3 BEDROOMS 1 BATHROOMS (1 full)   Great Investment Property in Quiet Neighborhood~Huge Backyard with Deck ~Clear to Show~Contractors Box on Front Door~Code is 4730   Memphis Homes For Sale Search All Homes For Sale Homes Close to Where You Work Avoid Foreclosure What is Your Home Worth? Jennifer Carstensen RE/MAX Real Estate Experts 901-410-8818 jensellsmemphis@gmail.com L2L

Amazing 8 Houses That Don’t Seem Real, But They Are!

Credit: JSome1, photographer

A House that Rocks

If you’re looking for a rock-solid investment, how about this house in Portugal? Situated between two giant boulders, the house walls are formed of mortared masonry, and the living area is covered by concrete tile roofing. Fireproof, windproof, and impervious to insects, a house like this might qualify you for lower homeowners insurance rates.

From www.AirplaneHome.com, republished with permission

It’s a Bird! It’s a Plane! It’s My Home!

Insect-proof, fireproof, and able to withstand 575 mph winds, this Boeing 727 features more than 1,000 square feet of living area, and there are plenty of storage solutions in the cargo hold and in the overhead compartments. The jet body cost about $100,000 (without engines). Moving the decommissioned jet to its final resting place and outfitting it for living cost another $100,000.

Credit: ColdWarMissileSilo.com

Make Homes, Not War!

Can your home survive nuclear winter? This one can. Made from a decommissioned missile silo in upstate New York, it’s one of the strongest structures ever built. The 2,300-sq.-ft., below-ground portion includes a full kitchen, entertainment center, and two private suites. Entrance is gained via an 1,800-sq.-ft. log home on the surface, and there’s a private runway. Buy-in price? About $750,000.

Credit: Katrina Williams of Katrina Krauss Photography

If the Shoe Fits, Live in It

This three-bedroom, two-bath home boots the idea that houses can’t be fun shapes. Built in 1948 as an advertising gimmick by a Pennsylvania shoe salesmen, the Shoe House endures today thanks to its tough stucco exterior finish — an environmentally friendly siding option.

Credit: Brian “Ziggy” Liloia and April Morales / photograph by Stephen Shapiro

A Mud Home That’s Dirt Cheap

With its green roof and rural flavor, this 200-square-foot cottage in Missouri has its, um, roots in the centuries-old art of cob construction—earthen walls formed of clay, sand, and straw. Cost of construction was about $4,000, or a modest $20 per square foot. Of course it includes a mudroom addition.

Credit: Robert Elzey

A House Out Standing in Its Field

With its multiple balconies, twisting staircases, and oddly shaped rooms, this whimsical house in Wyoming is a local curiosity. Although it’s no longer occupied, the original owner/builder used locally harvested logs and plenty of salvaged building materials to produce a one-of-the-kind cowboy mansion that towers above the plains.

Credit: Greg Borman

People in Glass Houses...

These home owners are obviously into self-reflection. Clad in pieces of glass and mirror, this enlightened folk art cottage in Florida requires a lot of window cleaning. For a more maintenance-free exterior, try vinyl or fiber-cement siding.

Credit: Stephen Bender at MW Bender Architecture

This House is a Real Steel

Think twice before you bang your head against the walls of this Gainsville, Fla., house. Built from salvaged steel shipping containers ($2,500-$5,000 each), this 2,200-square-foot flight of fancy features three bedrooms and two and a half baths. It’s fireproof, sustainable (repurposed materials!), and you sure won’t have to worry about termites.

Source: John Riha /houselogic.com