Kimmer Plunk, Realtor - Your New Home Key Team

Kimmer Plunk, Realtor - Your New Home Key Team Innovative real estate professional in West TN and North MS Search with no obligation. Use our Market Value Tool to discover what your home is worth!

Kimmer Plunk, REALTOR® and Associate Broker
M.A.T., GRI, HFR, SRS, PSA, ABR®, SRES®, RENE, AHWD, C2EX, MMDC
Your New Home Key at Centric Realty
Direct: 901-734-5239 · Office: 901-763-6001
Email: [email protected]

Licenses: TN #350008 · MS -54589

Visit my website www.YourNewHomeKey.com to create your own free account and save homes that appeal to you! You will be the first to receive no

tifications on price reductions of homes you save. When a new home that matches your specific criteria hits the market, you will be notified immediately. Graduate, REALTOR® Institute
Home Finance Resource
Seller Representative Specialist
Pricing Strategy Advisor
Accredited Buyer's Representative®
Seniors Real Estate Specialist®
Real Estate Negotiation Expert
At Home with Diversity® Certified
REALTORS® Commitment to Excellence
MAAR Multi Million Dollar Club
MAAR Benevolent Fundraising Committee
MAAR Professional Development Committee

🇺🇸 FREE COMMUNITY EVENT NEXT SATURDAY 6/13! 🍓If you love small-town community, strawberry shortcake, and supporting thos...
06/04/2026

🇺🇸 FREE COMMUNITY EVENT NEXT SATURDAY 6/13! 🍓

If you love small-town community, strawberry shortcake, and supporting those who serve, we’d LOVE for you to join us. ❤️

We’re hosting the ⭐ Stars, Stripes & Strawberry Shortcakes Social ⭐

📍 VFW Auxiliary Post 5066 - Collierville
🗓 Saturday, June 13
⏰ Between 4–7 PM

This is a FREE family-friendly community appreciation event featuring:

🍓 HOMEMADE Strawberry shortcake (none of that sponge cake business!)
🎈 Kids activities
🇺🇸 A celebration honoring service members, clients, and families
❤️ Great fellowship with local families and neighbors

We truly want this to feel like an old-fashioned community gathering where people can slow down, connect, and enjoy a sweet summer evening together.

Please help us spread the word by sharing this post with friends, neighbors, military families, and anyone who loves our Collierville/Germantown community!

👇 Register here for free shortcake + event updates: https://forms.gle/ZYnoPY59uESKhqhF9

Timing is everything in the real estate world. You aren’t just putting a “For Sale” sign in the yard; you’re launching a...
05/29/2026

Timing is everything in the real estate world. You aren’t just putting a “For Sale” sign in the yard; you’re launching a high-stakes marketing campaign. The most critical period of this campaign is what professionals call the Golden Window. This refers to the first two to three weeks when your listing is fresh, exciting, and highly visible.

If you navigate these initial days with a clear strategy, you can often secure a higher price and a faster closing. If you miss the mark, your home risks becoming overlooked, leading to price cuts and buyer skepticism. Here’s how to master the Golden Window and come out on top: https://www.yournewhomekey.com/blog/mastering-the-golden-window-the-first-21-days-of-a-home-sale/

Newly Built Home Prices Hit a 5-Year LowIf you’ve always assumed a newly built home is just not in your budget, you shou...
05/21/2026

Newly Built Home Prices Hit a 5-Year Low

If you’ve always assumed a newly built home is just not in your budget, you should know the math just got a little friendlier.

The median sale price of a newly built home is now at its lowest level since 2021, according to the latest data from the Census. And on top of that, builders are still rolling out incentives to bring buyers through the door.

Here’s what’s happening, and what it means if you’re shopping right now.

Prices on Newly Built Homes Have Come Down

After a steep climb during the pandemic years, prices have eased a bit. The median sale price of newly built homes is sitting at about $390,000. That’s the lowest it’s been in nearly five years (see first graph).

While local markets vary, the national trend is moving in your favor, especially if you’re a first-time buyer. According to Zonda, prices in the entry-level price range have dropped roughly 2.7% over the past 12 months – more than any other price tier.

That doesn’t mean every home in every market is suddenly affordable. But it does mean that, broadly, you’ll see the best prices on new builds since 2021, if you’re buying now.

Why This Isn’t a Repeat of 2008

And just in case you’re thinking it, lower prices don’t mean the new home market is in trouble. Builders today are being intentional about how much inventory they have, so it doesn’t pile up the way it did in 2008.

If you look back up at the graph, you’ll see that even after the recent improvement in new home prices, they’re still higher than pre-pandemic norms. So, this isn’t a crash. It’s a builder strategy to keep inventory moving.

Homebuilders Are Still Sweetening the Deal

Lower sticker prices aren’t the only break buyers are getting. According to the National Association of Home Builders (NAHB), 60% of builders are currently offering some form of incentive to attract buyers. Those typically include:

- Help with closing costs: Some builders are covering thousands of dollars in fees to reduce the upfront cost of buying.

- Extra upgrades: Think premium finishes, appliance packages, and designer features, often added at no extra cost.

- Mortgage rate buydowns: When the builder pays to lower your mortgage rate, which reduces your monthly payment.

- Price cuts: Over one in three builders (36%) are cutting prices right now, averaging about 5% off list price (see second graph).

That last point catches a lot of buyers off guard – most assume that builders won’t budge on price.

But builders need to move what they’ve built. That’s a different mindset than a homeowner deciding whether to budge on price. So, you may find they’re more open to adjusting the price than you’d think. As Joel Berner, Senior Economist at Realtor.com, puts it:

“...many existing-home sellers resort to taking down their listing instead of taking less than their desired price, but builders are more motivated to sell their inventory than owner-occupants...”

And if you use the version of the graph that shows 2008 prices, you can even reference that in this explainer.

Bottom Line

Builder incentives and lower new home prices are working to your advantage in a way they haven’t in years. Connect with a local real estate agent to see what’s available in your area and what kind of deal a builder may be willing to make.

With deep and sincere gratitude for each of you who serve or have served to protect us.
05/16/2026

With deep and sincere gratitude for each of you who serve or have served to protect us.

🏠✨ OPEN HOUSE TOMORROW ✨🏠Explore quiet cove living at our open house tomorrow in this stunning 4 bed/2.5 bath, move-in r...
05/16/2026

🏠✨ OPEN HOUSE TOMORROW ✨🏠

Explore quiet cove living at our open house tomorrow in this stunning 4 bed/2.5 bath, move-in ready home! Over 3,000 SF of thoughtfully updated living space, all-new flooring and carpet, and a light-filled bonus room with a home office right beside it. All bedrooms are upstairs with both front and back stair access. The kitchen dazzles with granite countertops and stainless steel appliances. The primary suite is a true retreat with a renovated bathroom featuring marble flooring, dual sinks, quartz counter, sleek clear glass shower, and updated closet organization. Outside, professional landscaping, a fire pit, and a fenced backyard create your own private escape.

Homes on coves like this rarely come available! Come see why Winthrop Court feels like coming home!

📍 8452 Winthrop Court • Germantown, TN 38139
⏰ Sunday May 17 • 12-2 PM

🪪 Listed by Kimmer Plunk, REALTOR®
📱 901-734-5239
📞 901-763-6001
📧 [email protected]

05/14/2026

⚡ FOR SALE IN HERNANDO ⚡

Back on the market with a CLEAN inspection and at no fault of Seller.

3464 Scott Road | Hernando
3 Bed | 2½ Bath | 2-Car Garage

Timeless brick construction and refined architectural detail define this elegant home in the coveted Montclair subdivision.

• Soaring ceilings and expansive sightlines
• Beautiful hardwood in the entry, dining room, living room
• Central fireplace
• Custom built-ins
• Tons of natural light
• Large eat-in kitchen with granite countertops
• Upgraded kitchen cabinets
• Huge island with breakfast bar
• Wrought iron stair railing
• Lots of lighting upgrades
• Spa-like primary bath that includes: walk through tiled shower, large soaking tub, two sinks and cabinets, generous walk-in closet
• Two bedrooms up, plus a finished 14x24 bonus room.
• The exterior has minimum maintenance with brick and siding.
• Large covered back patio with ceiling fan
• Custom built storage shed
• Additional parking pad
• Montclair neighborhood hosts many special events throughout the year and has a neighborhood playground!

Come take a look!

🪪 Listed by Kimmer Plunk, REALTOR®
📱 901-734-5239
📞 901-763-6001
📧 [email protected]

🎥 Video by Coco Productions

Buyers have more leverage today than they’ve had in years. There are more homes to choose from and, in many areas, selle...
05/07/2026

Buyers have more leverage today than they’ve had in years. There are more homes to choose from and, in many areas, sellers are more open to negotiation. But that doesn’t mean competition is gone completely. These days, it varies a lot depending on where you’re hoping to move.

If you’re buying in a popular neighborhood, or in a market where there aren’t many homes for sale, you may still find yourself competing with another buyer. And that’s especially true in the Spring. Here’s how to stay one step ahead of any competition this season.

Why Your Best Offer Still Matters This Spring

According to experts at Zillow and Realtor.com, spring is one of the busiest times of year to buy a home.Many buyers want to move now so they can settle in before the next school year. And when more buyers enter the market, competition naturally picks up. So depending on where you’re buying, you may still need to move quickly and make a strong offer, even though the market overall has moderated. That’s especially true if you find a home you really love. This is what you need to know to make your offer stand out.

1. Lead with a Strong, Realistic Offer

It’s tempting to start low and negotiate up, and in some markets, that strategy can work. But if a home is priced well and getting attention, lowballing could hurt your chances. Focus on making an offer that reflects your local market. As Bankrate explains:

“There is no magic formula for an optimal home offer. Any offer will be heavily dependent on asking price and local market conditions...Your real estate agent will know the local market well and can advise what a competitive, but fair, offer will look like in your area.”

The goal is to make an offer that makes sense for you and stands out to the seller.

2. Have a Plan for Competing Offers

If you’ve fallen in love with a home, it’s important to have a plan in case there’s competition from another buyer. One strategy your agent may suggest is an escalation clause. Investopedia explains:

“An escalation clause is a way to automatically escalate your bid by a certain dollar amount, up to a certain ceiling, to compete with other bids.”

The key is knowing your budget. You don’t want to lose out over a small differ-ence, but you also don’t want to overpay. Keep in mind, if the appraisal comes in lower than your offer, you may have to make up the difference out of pocket. Your agent can help you weigh those risks and determine the best approach.

3. Keep Your Offer Clean

Price matters. But sellers also look closely at your offer’s terms. In some cases, a simpler, cleaner offer can stand out, even if it’s not the highest. As Redfin says:

“Sellers tend to want clean, straightforward offers with minimal strings attached. Keep your requests simple and focus on the essentials.”

Your agent can help you prioritize what matters most, so you’re not giving up things you need, while still making your offer as appealing as possible.

4. Be Flexible Where You Can

Sometimes, what helps your offer the most is understanding what matters to the seller. NerdWallet explains:

“As you prepare an offer, you tend to focus on what the seller has (a house) and what you want (their house). But you’ll gain a competitive edge by viewing the transaction from the seller’s eyes: What does the seller want?”

Does the seller need extra time to move out? Or do they want to move as soon as possible? Your agent can talk with the seller’s agent to find out what matters most. Flexibility here can make a big difference in how your offer is received.

📩 For help with understanding your market and putting together an offer that stands out, call or message me!

🪪 Kimmer Plunk, REALTOR®
📱 901-734-5239
📞 901-763-6001
📧 [email protected]
🌐 www.YourNewHomeKey.com

The prospect of buying a home might bring a wave of excitement, but it could also trigger a flood of questions. Between ...
05/04/2026

The prospect of buying a home might bring a wave of excitement, but it could also trigger a flood of questions. Between mortgage lingo and legal contracts, the process carries many moving parts. Let’s strip away the noise and lay out the purchasing journey in five simple, actionable steps.

🏦 Evaluate your finances
Before you open any websites, examine your credit score and overall financial health. Lenders evaluate your steady income and your debt-to-income ratio. Use this time to boost your credit score and save for a down payment and closing costs (usually 2 to 5% of the total purchase price).

🏡 Secure your mortgage pre-approval
A pre-approval letter proves to sellers that you mean business. It gives you a concrete budget so you don’t waste time viewing homes outside your price range. During this phase, your loan officer analyzes your tax returns, pay stubs, and credit history to determine your exact purchasing power.

🙋‍♀️ Team up with a real estate agent
Partner with a local expert who knows your target neighborhood inside and out. In many markets, you may be required to sign a written buyer representation agreement before you tour properties. This agreement sets clear, transparent expectations regarding the services your agent provides and how they receive compensation.

📑 House hunt and craft an offer
Now you can start your search. Browse listings, attend open houses, and compare properties. When you find the perfect house, your agent helps you write a strategic purchase offer and negotiate the final terms with the seller.

🧐 Inspect, appraise, and close
After the seller accepts your offer, your purchase contract takes effect. You will hire an independent inspector to evaluate the home’s condition. Next, your lender orders an appraisal to verify the property value. Finally, you sign the closing paperwork, pay your closing costs, and grab your new keys!

📍 Understanding market and location variations

While the prior information is a solid general overview, the journey varies based on where and how you buy. For example, taxes, HOA fees, and insurance rates change dramatically by zip code. The sale type can also affect your experience. Additionally, buying a newly built home from a builder involves different contracts and timelines than buying an existing home from an individual. Issues identified during an appraisal can also add steps to the process.

📩 For more detailed information based on your location and house-hunting goals, call or message me any time!

🪪 Kimmer Plunk, REALTOR®
📱 901-734-5239
📞 901-763-6001
📧 [email protected]
🌐 www.YourNewHomeKey.com

✨ 8 Closings Last Month ✨  All glory to God for the opportunity to serve 8 incredible families last month. 🙏🏼  In a mark...
04/10/2026

✨ 8 Closings Last Month ✨

All glory to God for the opportunity to serve 8 incredible families last month. 🙏🏼

In a market that can feel overwhelming, I don’t take it lightly that you trusted me to guide you through one of the biggest investments of your life. Real estate isn’t just business, it’s stewardship, legacy, and stepping into what’s next.

And let’s be honest, there were a few moments in there where only Jesus and a strong closing team pulled us through. 😅

Speaking of team—nothing about this level of service happens alone. Huge gratitude for the excellence and care from Coco Productions, Leslie Freeman, and Amy Spicer. We show up, we problem solve, we communicate, and we make sure you cross the finish line with confidence (and your sanity in tact 😉).

If you’ve been praying about your next move, considering an upgrade, or just wondering what’s possible in this market, I’d love to have that conversation with you.

📩 Message me anytime. Let’s move with wisdom, strategy, and a little bit of faith.

🪪 Kimmer Plunk, REALTOR®
📱 901-734-5239
📞 901-763-6001
📧 [email protected]
🌐 www.YourNewHomeKey.com

Happening today! 🍷🧀Join me for wine and cheese as you tour this stunning 4 bed, 2 ½ bath, move-in ready home!📍 8452 Wint...
04/09/2026

Happening today! 🍷🧀

Join me for wine and cheese as you tour this stunning 4 bed, 2 ½ bath, move-in ready home!

📍 8452 Winthrop Court • Germantown, TN 38139
⏰ TODAY • 4-6 PM

🪪 Listed by Kimmer Plunk, REALTOR®
📱 901-734-5239
📞 901-763-6001
📧 [email protected]

Address

813 Ridge Lake Boulevard
Memphis, TN
38120

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