$15,000 for FIRST TIME HOME BUYERS in Knoxville!! WATCH AND LEARN. Interested in a link to search in the specific Knoxville zip codes where this program is available? Shoot me your email and I’ll be happy to set you up! Troy Stavros, Gables & Gates, REALTORS 865-777-9191
Click here to see the Zillow article Have questions? Contact me, Troy Stavros with Gables & Gates, REALTORS at 865-777-9191.
Today, many of my Knoxville real estate conversations center on housing prices and where they may be headed. That is why I like the Home Price Expectation Survey. Every quarter, Pulsenomics surveys a nationwide panel of over one hundred economists, real estate experts, and investment & market strategists about where they believe prices are headed over the next five […]
This housing market has many people talking about home values; where they are and where they are headed. It’s also interesting to look back and see how home prices compare to values prior to the housing crisis. Every quarter, Freddie Mac releases their House Price Index. The index usually provides monthly home values for: the […]
The National Association of Realtors’ most recent Existing Home Sales Report revealed that home sales were up rather dramatically over last year in five of the six price ranges they measure. Homes priced between $100-250K showed a modest increase at 3.4%. This not only points to the lower inventory of homes available for sale in this price range but also […]
Yesterday, I ran a post quoting major housing experts on the increasing strength of the U.S. housing market. I was pleasantly surprised that, on the same day, the Wall Street Journal decided to run a front page story titled, “Housing Recovery Picks Up Steam” (article available to WSJ subscribers). The first paragraph of the article says […]
Some Highlights This is the 48th consecutive month with year-over-year price gains. Lawrence Yun, NAR’s Chief Economist says that, “The main issue continues to be a supply & affordability problem. Finding the right property at an affordable price is burdening many potential buyers.” Inventory is still below historic norms at a 4.4 month supply.
The National Association of Realtors (NAR) just released their latest Existing Home Sales Report on Friday. Sales of existing homes rose by the largest increase ever recorded as they rebounded 14.7% over November’s numbers and now stand at 7.7% higher than a year ago. While this is great news for the housing market, there is […]
Last week, the National Association of Realtors (NAR) released their latest Existing Home Sales Report which covered sales in November. The report revealed that sales: “…fell 10.5 percent to a seasonally adjusted annual rate of 4.76 million in November (lowest since April 2014 at 4.75 million)…” That report gave birth to a series of industry articles, […]
Some Highlights: Across the country Existing Home Sales are up 10.3% year-over-year. For the 10th month in a row of year over year gains, Sales rose to an annual rate of 5.59 million. The U.S. Median price of a home is $234,000, up 5.6% year-over-year. The August numbers mark the 41st consecutive month of year-over year price […]