realtor house home agent memphis experts top agent real estate remax jen carstensen jennifer carstensen remax real estate experts the live love memphis group live love memphis: Your House May Be High on the Buyer Wish List This Holiday Season - 11/30/20 09:57 AM

Around this time each year, many homeowners decide to wait until after the holidays to sell their houses. Similarly, others who already have their homes on the market remove their listings until the spring. Let’s unpack the top reasons why selling your house now, or keeping it on the market this season, is the best choice you can make. This year, buyers want to purchase homes for the holidays, and your house might be the perfect match.
Here are seven great reasons not to wait to sell your house this holiday season:
1. Buyers are active now. Mortgage rates are historically … (0 comments)

realtor house home agent memphis experts top agent real estate remax jen carstensen jennifer carstensen remax real estate experts the live love memphis group live love memphis: Don’t Let Buyer Competition Keep You from Purchasing a Home - 11/23/20 10:22 AM
 
  This year’s record-low mortgage rates sparked high demand among homebuyers. Current homeowners, however, haven’t put their houses on the market so quickly. This makes finding a home to buy today challenging for many potential buyers. With an obstacle like this, those searching for their dream homes may be pressing pause on their searches as we approach the end of the year, but that could be a big mistake for many hopeful house hunters. Here’s why. 
According to the most recent Housing Trends Report from the National Association of Home Builders (NAHB):
“The length of time spent searching for a home continues to grow.”
(2 comments)

realtor house home agent memphis experts top agent real estate remax jen carstensen jennifer carstensen remax real estate experts the live love memphis group live love memphis: Why Working from Home May Spark Your Next Move - 11/16/20 11:05 AM
 
  If you’ve been working from home this year, chances are you’ve been at it a little longer than you initially expected. Businesses all over the country have figured out how to operate remotely to keep their employees healthy, safe, and productive. For many, it may be carrying into next year, and possibly beyond.
While the pandemic continues, Americans are re-evaluating their homes, floorplans, locations, needs, and more. Some need more space, while others need less. Whether you’re renting or own your home, if remote work is part of your future, you may be thinking about moving, especially while today’s mortgage rates are … (1 comments)

realtor house home agent memphis experts top agent real estate remax jen carstensen jennifer carstensen remax real estate experts the live love memphis group live love memphis: Rent vs. Buy: How to Decide What’s Best for You - 11/03/20 08:25 AM
 
According to the U.S. Census Bureau, median rent continues to rise. With today’s low mortgage rates, there’s great opportunity for current renters to make a move into homeownership that stretches each dollar a little bit further.
While the best timeline to buy a home is different for everyone, the question remains: Should I continue renting or is it time for me to buy? The answer depends on your current situation and your future plans, so here are some thoughts to help you decide if you’re ready to own a home of your own.
1. Rent Will Continue to Increase  
This is one of the top reasons … (0 comments)

realtor house home agent memphis experts top agent real estate remax jen carstensen jennifer carstensen remax real estate experts the live love memphis group live love memphis: Two Important Impacts of Home Equity - 10/26/20 12:23 PM
 
Equity continues to rise, helping American homeowners secure a much more stable financial future. According to the most recent data from CoreLogic, the average homeowner gained $9,800 in equity over the past year. In addition, experts project 2020 home prices to continue rising. With prices going up, equity gains will also keep accelerating. Black Knight just reported:
“The annual percent change in the overall median existing single-family-home price has skyrocketed in the past several months, with recent numbers at three to five times higher than rates seen in the past several years.”
Jeff Tucker, Senior Economist at Zillow, just qualified recent price increases as “jaw-dropping” and “within a hair’s breadth of double-digit … (0 comments)

realtor house home agent memphis experts top agent real estate remax jen carstensen jennifer carstensen remax real estate experts the live love memphis group live love memphis: 6 Reasons You’ll Win by Selling with a Real Estate Agent This Fall - 10/13/20 12:17 AM
 
There are many benefits to working with a real estate professional when selling your house. During challenging times, like what we face today, it becomes even more important to have an expert you trust to help guide you through the process. If you’re considering selling on your own, known in the industry as a For Sale by Owner (FSBO), it’s critical to consider the following:
1. Your Safety Is a Priority Your family’s safety should always come first, and that’s more crucial than ever given the current health situation in our country. When you FSBO, it is incredibly difficult to control … (1 comments)

realtor house home agent memphis experts top agent real estate remax jen carstensen jennifer carstensen remax real estate experts the live love memphis group live love memphis: Is the Economic Recovery Beating All Projections? - 09/21/20 11:53 AM
 
Earlier this year, many economists and market analysts were predicting an apocalyptic financial downturn that would potentially rattle the U.S. economy for years to come. They immediately started to compare it to the Great Depression of a century ago. Six months later, the economy is still trying to stabilize, but it is evident that the country will not face the total devastation projected by some. As we continue to battle the pandemic, forecasts are now being revised upward. The Wall Street Journal (WSJ) just reported:
“The U.S. economy and labor market are recovering from the coronavirus-related downturn more quickly than previously expected, economists … (0 comments)

realtor house home agent memphis experts top agent real estate remax jen carstensen jennifer carstensen remax real estate experts the live love memphis group live love memphis: The Surging Real Estate Market Continues to Climb - 09/16/20 10:07 AM
 
Earlier this year, realtor.com announced the release of the Housing Recovery Index, a weekly guide showing how the pandemic has impacted the residential real estate market. The index leverages a weighted average of four key components of the housing industry by tracking each of the following:
Housing Demand – Growth in online search activity Home Price – Growth in asking prices Housing Supply – Growth of new listings Pace of Sales – Difference in time-on-market The index compares the current status “to the January 2020 market trend, as a baseline for pre-COVID market growth. The overall index is set to 100 in this baseline period. The higher a … (0 comments)

realtor house home agent memphis experts top agent real estate remax jen carstensen jennifer carstensen remax real estate experts the live love memphis group live love memphis: Homebuyer Demand Is Far Above Last Year’s Pace - 09/07/20 09:31 AM
 
 
  Homebuying has been on the rise over the past few months, with record-breaking sales powering through the market in June and July. Buyers are actively purchasing homes, and the momentum is continuing into the fall. It is, however, becoming harder for buyers to find homes to purchase. If you’ve been thinking about selling your house, the coming weeks might just be the timing you’ve been waiting for.
According to the Pending Home Sales Report from the National Association of Realtors (NAR):
“Pending home sales in July achieved another month of positive contract activity, marking three consecutive months of growth.
The Pending Home Sales Index (PHSI), … (1 comments)

realtor house home agent memphis experts top agent real estate remax jen carstensen jennifer carstensen remax real estate experts the live love memphis group live love memphis: Should You Buy an Existing Home or New Construction? - 08/26/20 09:18 AM

Finding the right home to purchase today is one of the biggest challenges for potential buyers. With so few homes for sale and construction of newly built homes ramping up, you may be wondering if you should consider new construction in your search process. It’s a great question to ask, and one to look at from the pros and cons of what it means to buy a new home versus an existing one. Here are a few things to consider when making the best decision for your family.
New Construction   When buying a new home, you can often choose more energy-efficient options. New appliances, … (1 comments)

realtor house home agent memphis experts top agent real estate remax jen carstensen jennifer carstensen remax real estate experts the live love memphis group live love memphis: Forbearance Numbers Are Lower than Expected - 08/21/20 12:10 PM
 
Originally, some housing industry analysts were concerned that the mortgage forbearance program (which allows families to delay payments to a later date) could lead to an increase in foreclosures when forbearances end. Some even worried that we might relive the 2006-2008 housing crash all over again. Once you examine the data, however, that seems unlikely.
As reported by Odeta Kushi, Deputy Chief Economist for First American:
“Despite the federal foreclosure moratorium, there were fears that up to 30% of homeowners would require forbearance, ultimately leading to a foreclosure tsunami. Forbearance did not hit 30%, but rather peaked at 8.6% and has been steadily falling since.”
According … (1 comments)

realtor house home agent memphis experts top agent real estate remax jen carstensen jennifer carstensen remax real estate experts the live love memphis group live love memphis: Will We See a Surge of Homebuyers Moving to the Suburbs? - 07/31/20 11:32 AM
As remote work continues on for many businesses and Americans weigh the risks of being in densely populated areas, will more people start to move out of bigger cities? Spending extra time at home and dreaming of more indoor and outdoor space is certainly sparking some interest among homebuyers. Early data shows an initial trend in this direction of moving from urban to suburban communities, but the question is: will the trend continue?
 
According to recent data from Zillow, there is a current surge in urban high-end listings in some larger metro areas. The month-over-month increase in these homes going on the … (0 comments)

realtor house home agent memphis experts top agent real estate remax jen carstensen jennifer carstensen remax real estate experts the live love memphis group live love memphis: Home Sales Hit a Record-Setting Rebound - 07/24/20 01:33 PM

With a worldwide health crisis that drove a pause in the economy this year, the housing market was greatly impacted. Many have been eagerly awaiting some bright signs of a recovery. Based on the latest Existing Home Sales Report from the National Association of Realtors (NAR), June hit a much-anticipated record-setting rebound to ignite that spark. According to NAR, home sales jumped 20.7% from May to a seasonally-adjusted annual rate of 4.72 million in June:  “Existing-home sales rebounded at a record pace in June, showing strong signs of a market turnaround after three straight months of sales declines caused by the ongoing pandemic…Each of the four major … (1 comments)

realtor house home agent memphis experts top agent real estate remax jen carstensen jennifer carstensen remax real estate experts the live love memphis group live love memphis: The Benefits of Homeownership May Reach Further Than You Think - 06/01/20 12:52 PM

  More than ever, our homes have become an integral part of our lives. Today they are much more than the houses we live in. They’re evolving into our workplaces, schools for our children, and safe havens that provide shelter, stability, and protection for our families through the evolving health crisis. Today, 65.3% of Americans are able to call their homes their own, a rate that has risen to its highest point in 8 years. June is National Homeownership Month, and it’s a great time to reflect on the benefits of owning your own home. Below are some highlights and quotes recently shared by the National … (0 comments)

realtor house home agent memphis experts top agent real estate remax jen carstensen jennifer carstensen remax real estate experts the live love memphis group live love memphis: Buying or Selling a Home? You Need an Expert Kind of Guide - 05/26/20 02:09 PM

In a normal housing market, whether you’re buying or selling a home, you need an experienced guide to help you navigate through the process. You need someone you can turn to who will tell you how to price your home correctly right from the start. You need someone who can help you determine what to offer on your dream home without paying too much or offending the seller with a low-ball offer. We are, however, in anything but a normal market right now. We are amid one of the greatest health crises our nation has ever seen. The pandemic has … (0 comments)

realtor house home agent memphis experts top agent real estate remax jen carstensen jennifer carstensen remax real estate experts the live love memphis group live love memphis: 6 Reasons Why Selling Your House on Your Own Is a Mistake - 05/25/20 02:23 PM

There are many benefits to working with a real estate professional when selling your house. During challenging times like the one we face today, it becomes even more important to have an expert help guide you through the process. If you’re considering selling on your own, known in the industry as a For Sale By Owner or FSBO, please consider the following: 1. Your Safety Is a Priority During this pandemic, your family’s safety comes first. When you FSBO, it is incredibly difficult to control entry into your home. A real estate professional will have the proper protocols in place to protect not only your … (5 comments)

realtor house home agent memphis experts top agent real estate remax jen carstensen jennifer carstensen remax real estate experts the live love memphis group live love memphis: Experts Predict Economic Recovery Should Begin in 2nd Half of the Year - 05/22/20 12:21 PM

  One of the biggest questions we all seem to be asking these days is: When are we going to start to see an economic recovery? As the country begins to slowly reopen, moving forward in strategic phases, business activity will help bring our nation back to life. Many economists indicate a recovery should begin to happen in the second half of this year. Here’s a look at what some of the experts have to say. Jerome Powell, Federal Reserve Chairman “I think there’s a good chance that there’ll be positive growth in the third quarter. And I think it’s a reasonable expectation that … (1 comments)

realtor house home agent memphis experts top agent real estate remax jen carstensen jennifer carstensen remax real estate experts the live love memphis group live love memphis: #1 Financial Benefit of Homeownership: Family Wealth - 05/18/20 01:28 PM

While growing up, we were taught by our parents and grandparents that owning a home is a financially savvy move. They explained how a mortgage is like a “forced savings plan.” When you pay rent, that money is lost forever. When you make a mortgage payment, much of that money accumulates as equity in the home. So, what exactly is equity? The equity in your home is the amount of money you can sell it for minus what you still owe on the mortgage. Every month you make a mortgage payment, and every month a portion of what you pay … (0 comments)

realtor house home agent memphis experts top agent real estate remax jen carstensen jennifer carstensen remax real estate experts the live love memphis group live love memphis: Why Home Equity Is a Bright Spark in the Housing Market - 05/06/20 12:47 PM
    Given how we have seen more unemployment claims than ever before over the past several weeks, fear is spreading widely. Some good news, however, shows that more than 4 million initial unemployment filers have likely already found a new job, especially as industries such as health care, food and grocery stores, retail, delivery, and more increase their employment opportunities. Breaking down what unemployment means for homeownership, and understanding the significant equity Americans hold today, are important parts of seeing the picture clearly when sorting through this uncertainty. One of the biggest questions right now is whether this historic unemployment rate … (0 comments)

realtor house home agent memphis experts top agent real estate remax jen carstensen jennifer carstensen remax real estate experts the live love memphis group live love memphis: What Impact Might COVID-19 Have on Home Values? - 04/27/20 01:24 PM
A big challenge facing the housing industry is determining what impact the current pandemic may have on home values. Some buyers are hoping for major price reductions because the health crisis is straining the economy. The price of any item, however, is determined by supply and demand, which is how many items are available in relation to how many consumers want to buy that item. In residential real estate, the measurement used to decipher that ratio is called months supply of inventory. A normal market would have 6-7 months of inventory. Anything over seven months would be considered a buyers’ market, with downward pressure on prices. Anything under six … (2 comments)

 
Jennifer Carstensen, I specialize in selling houses (License: 317824) (REMAX Real Estate Experts) Rainmaker large

Jennifer Carstensen

I specialize in selling houses (License: 317824)

Memphis, TN

More about me…

REMAX Real Estate Experts

Address: 1930 Exeter Rd, Ste 30, Germantown, TN, 38138

Office: (901) 685-6000

Mobile: 901-410-8818

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