Bobrealestate

Bobrealestate I'm a real estate professional who can help you market your current home or find your dream home. Co

12/01/2024

Realtor with RE/MAX CHOICE PROPERTIES -Maryland Farms. 5310 Maryland Way, Suite 320, Brentwood, TN 37027. Firm L. 261866. Personal Lic. 57389, Real Estate Broker. Cell: 615-419-3864.

02/07/2024

Feb. 7, 2024. The economy is doing much better than most people thought. Interest rates have edged up some this past week but still a little below 7%. The Federal Reserve members have hinted that rates will remain as they are until the March meeting when the Fed meets again to discuss what is happening. My greatest fear is that a major component of our economy , retail and industrial and rental apartment buildings, are coming up for RATE RENEWAL and PAYOFFS , which they can not generally meet without some type of concession by the mortgage companies and the mortgage companies and small banks hold a number of these mortgages in their portfolios and the impact could cause another round of small (not TOO BIG TO FAIL) banks bankrupting, consolidating and just going out of business. I hope some relief happens because the failure would impact our economy in many ways. Tighter loan money effects inventory as well as needed upgrade machinery and normal maintenance of buildings, etc. If you are approaching a need to sell or buy the window , at this point, is becoming narrow. If I can help you, feel free to contact me. Regards, Bob Stalcup. RE/MAX FINE HOMES, Franklin, TN. 37067 615-371 3232. Receptionist will contact me.

01/12/2024

2024 , in my opinion, will be a much better year for Real Estate. Interest Rates are down from the highs and more inventory along with a better economy and certain concessions combined will make a difference . I have been through and survived many dramatic changes in Real Estate over my 40 PLUS years of being a full time Broker in the middle Tennessee market. I will share my information to my clients and still very involved in the business. On a personal note, I do have some cancer going on but my health facilitators all agree that I am doing better than they thought and I am getting stronger each day. I enjoy what I do and always thrilled to work with new clients as well as my portfolio of existing clients. NEW YEAR / NEW OPPORTUNITIES !

01/12/2024

PLEASE DO NOT POST YOUR ADS ON MY PAGE- F/B THANKS !

12/23/2023

We are coming to the end of another year and the forecast is much better than many of us believed possible. The challenges in Real Estate have been many with a few still being considered. The home building numbers are short from what we will need to meet the pent up demand and the mortgage interest rates are dropping which I interpret as a larger demand for homes and with fewer on market properties we will see price increases along with a shortage of product. The Old Adage is in Play- He who hesitates- is Lost. Feel free to contact me for your Real Estate needs. Merry Christmas, Happy Holidays and Happy New Year to ALL !

11/14/2023

After many months the Federal Reserve leaders which are independent from the federal government are taking some time to observe which way the national economy is moving. I feel the slowing down is a sign of reduced inflation and time will show a less than runaway inflation and mortgage rates will begin to lower in 2024. The cost of homes are still increasing but I feel that is because builders are building higher priced products . Utilization of land necessitates more density for full service subdivisions. In the west some homes that are being replaced are ordered by the local government to have multiple parcels were their was one. It is a good time to purchase in my opinion because some incentives are being given by builders while the market is increasing it's price point. If you are in the market to buy or sell feel free to contact me and we can discuss your best strategy. I am a long time REALTOR and have worked with my clients during many turns in the housing market. Thanks for reading. Bob

06/27/2023

It has been some time between posts. I have had some health issues and operation that sidelined me for several months. I have spoken to many friends, clients and fellow Realtors. Getting stronger and now ready to get more active in pursuit of meetings in person and a few casual coffee breaks and such. The Federal Reserve Board's decision to halt the interest increase this past month was a good thing in my opinion in this twisted economy. I feel today's market is good for buyers as I see prices stabilize somewhat and accelerated building . The sellers are also able to get reasonable prices and move on with their lives. I am available and looking forward to working with you.Feel free to give me a call. HAVE A GREAT DAY !

12/16/2022

The Federal Reserve raised the rate once again this week by .05%. The mortgage rates have started going down to prove that the Fed does not control mortgage rates. They can go up but I feel they will begin to come down more. The market is great for buyers and sellers. The buyers can now ask for certain concessions including reduced rates and the sellers have more prequalified buyers looking and they are ready to purchase. Please contact me via phone and I will be glad to discuss this unique market with you. I have been a Realtor for over 40 years and have a lot of experience that can be put to work for you. I am with RE/MAX Fine Homes. (OFFICE) 615-371-3232. They will help you get in touch with me.

11/06/2022

The Federal Reserve just increased the cost of money by another 75 basis points. I have been through this scene many times and all the fears and anxiety it usually brings. Some economic reports that home prices in Tennessee will fall some 20% . I disagree with this outlandish suggestion for several reasons. The Great Recession did not have this result and mortgage lending practices were more lenient than now and we are way behind on building needed housing. Nashville is still having many families move here to fill the jobs needed by Amazon and several other major corporations that have chosen Nashville and the surrounding area for their expansion and headquarters. There is always a shock to the system when we hear of interest raising payments for our homes but as time goes on many current rates will probably fall and the cost of new construction will increase by more than the interest in mortgages rises. There are ways to work around these increases and that is why you should hire and work with a Realtor you feel comfortable with and that has years of experience. Please feel free to contact me for a conversation. Have a great day. Bob

10/15/2022

We are now in the 4th Quarter of the year and the Federal Reserve is still trying to adjust inflation by raising interest rates.
There are ways to work around these rates which are really not that bad considering what NORMAL RATES have been historically. The available inventory is larger than it has been ,
meaning you have more to choose from and are not pressured into a quicker than normal decision time. You also now can negotiate certain factors to your advantage. This is where you need a seasoned Realtor that understands market conditions on the local level and has working relationships with many other professionals. If you regard interest rates as high, then consider rental where you pay someone else's mortgage or profit. Home ownership is a way of feeling good about your lifestyle as well as gaining equity over a period of time. I would appreciate any questions that you might have as well as working with you for your real estate needs. Regards! Bob

We are now in Autumn, 2022 and the Federal Reserve Bank has just implemented yet another 75 bases point increase. They a...
09/24/2022

We are now in Autumn, 2022 and the Federal Reserve Bank has just implemented yet another 75 bases point increase. They are now acknowledging a probable recession for the economy but insist they will continue to increase interest rates to reduce inflation. many other World banks are following or have initiated similar action.

I have been a Realtor and Broker for over 40 years and have seen mortgage rates quoted as being 22% during President Jimmy Carter's years in the White House. These rates, in my opinion, up or down, are not due to the party that is in the White House, because of so many factors beyond what a President or Party could control. Our past years are the years that brought about our current run away inflation, in my opinion. The COVID-19 unique experience coupled with government subsidies and threats of invasion of Ukraine , etc. shaded the view of the economy from the Federal Reserve.
In this type of climate business will continue, people will adapt and together we will survive and go about business. I feel that families that would have upgraded or increased the size of their homes will be slowed down more than the many other facets of real estate. This will reduce available homes coming to the market in my opinion. Time will again prevail and as it does sellers/buyers will return to adjust their choices and move up or down. There are adjustments that can be made in contracts that can ease this transition for parties. It has happened in the past and will now.
This is the time to work with seasoned Realtors and Mortgage Professionals to achieve your goals.
I am glad to discuss matters with you once you contact me. Highest Regards.

07/26/2022

Real Estate is changing virtually every day and I recommend you choose a seasoned Realtor that is full time and brings current knowledge to the table. The Federal Reserve meeting today may bring a bump to mortgage rates but they could decline after the initial thrust as they did after last month. I am looking forward to their announcement and thoughts behind their decision. They are independent of the government and politics which is the way it should be in my opinion. Please feel free to contact me with any questions you might have. Have a great day.

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256 Seaboard Lane, Suite B-101
Franklin, TN
37067

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