The Blog

Report Finds that a Homeowner’s Net Worth is 36 Times Greater Than Renters

Categories: Buying a Home, New vs Used, Renting a Home | Posted: August 14, 2017

Every three years, the Federal Reserve conducts their Survey of Consumer Finances in which they collect data across all economic and social groups. The latest survey, which includes data from 2010-2013, reports that a homeowner’s net worth is 36 times greater than that of a renter ($194,500 vs. $5,400). 

Put Your Housing Cost to Work for You

As we’ve said before, simply put, homeownership is a form of ‘forced savings.’ Every time you pay your mortgage, you are contributing to your net worth. Every time you pay your rent, you are contributing to your landlord’s net worth.

The latest National Housing Pulse Survey from NAR reveals that 84% of consumers believe that purchasing a home is a good financial decision. William E. Brown comments:

“Despite the growing concern over affordable housing, this survey makes it clear that a strong majority still believe in homeownership and aspire to own a home of their own. Building equity, wanting a stable and safe environment, and having the freedom to choose their neighborhood remain the top reasons to own a home. 

Bottom Line

If you are interested in finding out if you could put your housing cost to work for you by purchasing a home, call Kristy, our Online Sales Counselor, who can put you in touch with a Grant Sales Professional who will guide you through the process of buying a new home.

(This article was reprinted from Keeping Current Matters at https://www.keepingcurrentmatters.com/2017/08/14/homeowners-net-worth-is-still-greater-than-a-renters/?utm_campaign=Blog_Promo&utm_medium=email&utm_source=email-automated&utm_content=DailyBlogSubscription&utm_term=BlogPost)

Homeownership Remains Cheaper than Rent by 38 Percent

Categories: Buying a Home, Family Homes, New vs Used | Posted: August 10, 2017

More and more 20-30-somethings are still renting and waiting to purchase their first new home. According to the latest Buy-vs-Rent survey, the decision to purchase a new home instead of continuing to rent in the Memphis Metro area is a “no brainer.”

Trulia recently released their https://www.trulia.com/blog/trends/rent-vs-buy-winter-2014/Rent vs. Buy Report. The report explains that homeownership remains cheaper than renting in all of the 100 largest metro areas by an average of 38%!

Check out the detailed report and see why buying a new home may be the smartest investment you could ever make. Click here to go to the report.

To find out if buying is right for you, contact any Grant & Co. Sales Consultant, who can guide you through the process of buying a new home.

Go Shopping on Grant & Co. Website

Categories: Buying a Home, Family Homes, Featured Neighborhoods, Open House, Ready to Move In Homes | Posted: July 27, 2017

It’s the lazy dog days of summer and back-to-school time is almost here. You know you need to be looking for a new home, but it’s just so hot! NO PROBLEM! You can shop for a new home in your pj’s by visiting http://www.grantnewhomes.com./available homes!

Are you in a hurry to move in before school starts or do you want to just skip the building process but still get the opportunity to move into a new home? We got ya covered! Grant & Co. has more than 40 new homes throughout the Mid-South under construction today

You can browse through all of them right from your phone at http://www.grantnewhomes.com/. You can even sort by price, size, beds, baths, or location to narrow down to the perfect home for you. When you have an idea of which home might be right for you, set an appointment with a Grant Sales Consultant to get all the details.

We have homes ranging from the low $200’s to the $450’s in Olive Branch, Collierville, Arlington, Bartlett and Memphis in neighborhoods near all the best schools, shopping areas and medical facilities.

Information and pictures about each home and neighborhood is available by clicking here.

If you have a question or need directions, Kristy, our Online Sales Consultant, is only a phone call or email away. Contact her now.

Montrose Close Out – Starting Under $300K

Categories: Close-Out Neighborhoods, DeSoto County Schools, Featured Home Plans, Featured Olive Branch MS Neighborhoods | Posted: July 11, 2017

Montrose — the exclusive neighborhood in Olive Branch with the large, naturally landscaped home sites and grand Grant homes — is coming to a close with only five homes still available.

One of these homes is complete and ready for move in today. The elegant Chesapeake, Lot 68, at 7317 Old South Drive, is a beautiful 5 bedroom – two downstairs and three upstairs – home with a 3 car garage, hearth room, formal dining room, play room and loft.  White cabinets and a large granite topped bar anchor the kitchen that features stainless steel appliances, double ovens, views into the hearth room and great room – an entertainer’s dream!  Wide planked, hand scarped hardwood runs through the entry, dining room, great room, kitchen, breakfast area and hearth room.

The master suite includes two large walk-in closets, double granite vanity tops, and Grant’s exclusive King Spa Shower and whirlpool tub.

Situated on a corner lot in Montrose, this home has hard-to-find huge back and side yards – a little more than ¾ of an acre.

Perfect for anyone who wants to move into a brand new home right now!  To see more detail on this home, click here.

Children in Montrose attend the highly ranked Pleasant Hill Elementary School and DeSoto Central High School – both part of the DeSoto County School District – only minutes away from home.

How do you get there? From Olive Branch – Take 305 South to Church Road and go west about two miles. From Southaven, take Goodman Rd East to Getwell Rd., turn right onto Getwell and go about two miles to Church Rd. Go left on Church Rd about 3 miles to Montrose. Montrose is located across from the Olive Branch Soccer Fields and Park.

One of the last homes available in this sought-after neighborhood is perfected priced at under $300,000. There is no way this priced home in Montrose will be on the market for long, especially the 3100 sq ft Chesapeake at just $298,735.

Tours of this home are available on a first come, first serve basis. For an appointment, please contact Aaron Clolinger, Grant New Homes, at aclolinger@grantnewhomes.com or call him today at 205-614-1163.    MLS#303337 Grant New Homes 901-854-0525

 

Going, going, going… Don’t Miss the Final Days of Trinity Park

Categories: Close-Out Neighborhoods | Posted: July 6, 2017

Time is running out! Do not miss the opportunity to own a new home in Trinity Park in Olive Branch.  Only 9 more homes are still available and all are under construction right now!

Ranging in size from 2300 square feet to over 2800 square feet, these brand new homes start in the low $230’s and include all the amenities of Grant’s Signature Series homes. From the stainless steel appliances to the granite kitchen countertops and hardwood flooring, Trinity Park homes are some of the best family homes in the Olive Branch area.

Trinity Park features 3 and 4 bedroom homes on family sized lots in the heart of DeSoto County, MS.  Family fun is right across the street at the Olive Branch Community Ball Park and just minutes from the award-winning Olive Branch City Park. Trinity Park is conveniently located on Church Road, close to all that North Mississippi has to offer.

Be sure to ask about the Trinity Park model home. This 4 bedroom one level home includes special upgrades and options and is priced for quick ownership at just $234,950.

Nine awesome homes – including two brand new home plans – will sell quickly! For more information, call Melba at 662-404-0910 or click here for the website page for Trinity Park.

 

The Grant Experience

Categories: Buying a Home, Decorating Ideas, Family Homes, The Grant Experience | Posted: May 19, 2017

Every third Thursday of the month, Grant homebuyers fill the conference room at the main office at 177 Crescent Drive, Collierville, to meet the Grant staff, sales team, builders and Design Center consultants and to learn more about the building process, mortgage process and home closing.

We call this meeting “The Grant Experience.”

All of us at Grant & Co. are delighted to meet with our new buyers to introduce ourselves and educate the homebuyers on a process that can be a little bit intimidating, especially if we are building the new home from the ground up, a presale, for the buyer.

Manuel “Mano” Boyadjian, Mortgage Investors Group, is our mortgage partner for The Grant Experience.  Mano is here every Thursday night to explain the mortgage process, from contract to closing.  He talks about how to qualify for a mortgage loan, the importance of using a local lender and all the things to do and not to do during the process of buying a new home.  Mano can answer any questions about the different types of mortgages, qualifications and special programs.

Mark Miesse, Memphis Title Company, is the Grant preferred closing attorney. Mark or a member of his staff, is always on hand to discuss the closing process and answer any questions home buyers have about what they need to bring to closing in order to enjoy a smooth closing and get the keys to their new home as soon as possible.

A tour of the Design Center with our Design Consultants, Lacy and Lauren, is always the highlight of the event. With many years of experience in home design and décor, these consultants know their way around new home selections and help to make a buyer’s new home perfect for their family.

Whether you are a new Grant home buyer, someone interested in buying a new home or a Realtor interested in having the opportunity to sell a Grant home, The Grant Experience is the perfect time to learn all there is to know about owning a Grant home.

From contract to keys and beyond – The Grant Experience covers all the details and will give home buyers peace of mind about the home buying process.

The next Grant Experience is scheduled for Thursday, June 15 from 5:30 pm until 7 pm. Light refreshments will be served.

Want to know more? Give us a call at 901-854-0525.

 

Living on Love & Lawn Chairs

Categories: Buying a Home, Decorating Ideas, Family Homes | Posted: May 3, 2017

Guest Blog by Martha H. Fondren, Director of Sales & Marketing for Grant & Co.

I remember the first home I purchased as a newly married 20-something. The only real furniture in the house was a bed and chest of drawers I brought from my old room in my parent’s home. We lived with folding lawn furniture, an ice chest (no refrigerator) and a small TV for a couple of months. Even so, the first thing we purchased for our new home was a stereo system. We were young, newly married and, well, pretty stupid. We had great music but had to sit on the floor to listen to it.

Living on love and uncomfortable outdoor furniture could only go so far. Eventually, we had to figure out the furniture-buying program. Purchasing new furniture and decorating your new home can be a little overwhelming. Especially if you are a first time homeowner. Here are some tips all new homeowners have to learn along the way:

  1. Take inventory. What do you already have that you can use somewhere? Make a list of your must-have furniture pieces and your would-love-to-have pieces.  Check out the decorating websites like Pinterest and Houzz and copy furniture ideas you love.
  2. Make budget and stick to it. What can you buy right now and what wonderful pieces are you saving to buy? Try not to finance your furniture even if the furniture store offers 0% finance. You will end up paying so much more for your furniture.
  3. Shop, shop till you drop. Compare prices online. Shop estate sales and antique stores. Check out those cool websites. Don’t buy the first dining table you see even if you think you love it. Go look at other stores and see if there is a similar or better table at a lesser price. It will be worth your time when you find the perfect table at the perfect price.  Read online reviews about the stores and the furniture brands.
  4. You’ve seen the TV commercial where the family is “testing” the sofa or bed. Do not be afraid to try before you buy! Sit on it and thoroughly check out the comfort of that chair or sofa or mattress. There is nothing worse than spending your hard earned money on a piece of furniture and getting it home only to find out it is not comfortable.
  5. Buy quality furniture! Do not invest in furniture that has a great price tag but will not last through the first Christmas gathering. Even if you have to buy your important pieces of furniture one piece at a time, it will be worth it to find classic, timeless furniture. If you buy good, top quality furniture, you can expect to have those pieces for many years. You can change up décor, colors and themes with fabric pieces like pillows, throws, window treatments and rugs. The “bones” of your home can stay the same through years of changing decorating trends

We eventually bought a house full of furniture including a disco orange sofa and love seat, an orange corduroy chair, a glass top bamboo-based kitchen table with (you guessed it!) orange cushioned chairs and a refrigerator with no ice maker (that costs extra).   Oh well, everyone has those “what were we thinking??” times in their lives.

Know this:   A wonderful and warm family home starts with the perfect foundation – a new Grant home. What you choose to put into your new home is what makes it uniquely yours – for now and many years to come.

 

Bright White Kitchens are Classic and Timeless

Categories: Decorating Ideas, Family Homes, New Option & Upgrades | Posted: April 27, 2017

We are loving our new white and painted cabinets in the Grant Design Center!  Especially with shaker style cabinet fronts and brushed nickel hardware.  From the crisp white cabinets to our new painted cabinets in tones of gray and blue, our Design Center is filled with ideas to make your new kitchen bright and energizing.   See what Southern Living magazine has to say about the newest trend in white kitchens by clicking here.

Grant Design Studio Features Thousands of Options

Categories: Decorating Ideas, Family Homes, Houzz, Pinterest | Posted: March 31, 2017

Part of the fun of building a new Grant & Co. home is selecting features, finish materials, and colors in our newly renovated Grant Design Studio.  Our 2,000 square foot Design Studio is filled with traditional and modern option styles that will allow new home buyers the chance to truly customize the look of their new home.

Buyers can expect to spent two to three hours choosing everything from flooring to tile to countertops and everything in between. Our Designers encourage buyer to  bring sofa cushions or swatches to coordinate colors and styles.  Experts in current home décor options, the Grant Designers can show home buyers color combinations and materials that are trending right now and help them make decisions based on  lifestyle and preferences.

A great way to start thinking about options and current home fashions is to browse through websites like Pinterest and Houzz for ideas. Clip pictures of home interiors that you like from magazines like Southern Living or House Beautiful.

Of course, the selection process can seem overwhelming and the selection forms are detailed, but Grant Designers will go over all the details to make the process fun and easy.

 

 

Grant Springing Forward with Reduced Pricing on Finished Homes in Hawks Crossing

Categories: Conserve Energy, DeSoto County Schools, Family Homes, Featured Neighborhoods, Featured Olive Branch MS Neighborhoods | Posted: March 15, 2017

Some things in real estate never change and it is still true that when searching for the perfect new home, most folks agree. It is all about location, location, location.

If the perfect location for your family is near the award-winning DeSoto County schools – Lewisburg – then the Villages at Hawks Crossing East is the perfect.  Within walking distance to Lewisburg Schools, one of the top public schools in the State of Mississippi, Hawks Crossing features family homes on larger lots with no city taxes.  Hawks Crossing is located on Craft Rd. South of Church Rd. at Byhalia Rd.

Built on land that has a rich farming history, Hawks Crossing offers the best of both worlds – the convenience of being within minutes to the medical, entertain and shopping districts of Memphis, TN plus community schools, team sports, area churches, and locally owned shops and restaurants in Olive Branch, MS.  It’s the kind of neighborhood that is hard to find – family homes on large home sites  (big enough for a pool!)  with sidewalks within walking distance to the community school.

Everyone loves spacious, open floor plans with soaring ceilings and room to grow, but utility bills can be a concern in older homes. Grant & Co. is proud to offer new homes in Hawks Crossing that have earned the ENERGY STAR label, meaning that our homes have been designed and built to standards well above most other homes on the market today. Energy Star homes by Grant offer better quality, better comfort, better durability and greatly reduced utility and maintenance costs.  Don’t know about ENERGY STAR homes?  Click here to read how you can save up to 30 percent in utility costs.

Just announced – Grant is “springing forward” this month and offering six of the new homes at Hawks Crossing at a reduced price and some include fencing and upgraded landscaping. All include 4 bedrooms, lots of granite, hardwood, tile and upgraded appliances. Some have 3 car garages, covered back porches, hearth rooms. All are below $300,000!!  Prices will never be this good again! Mortgage rates could be on the way up, so now is the time to move in to a new home at Hawks Crossing.

Reduced prices, low utility bills, no city taxes, big back yards – and ready to move in today! Click here for more details on Villages at Hawks Crossing East, a Grant & Co. neighborhood.