Where Are Home Prices Headed Over The Next 5 Years?

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 […]

Where Are Home Values Today Compared To The Peak in 2008?

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 […]

Home Sales Are Up In All Price Ranges Above $100,000!

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 […]

Home Sales Reportedly Dropped Last Month. Is That Accurate?

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, […]

Knoxville Home Sales – Winter Housing Market Update

You may have read some national headlines lately regarding the housing market, but how have Knoxville home sales fared? The National Association of REALTORS® recently released their Existing Home Sales report and like most typical news sources, many headlines are blowing January’s decline in home sales out of proportion to grab attention, without really looking at the […]

Are Home Prices Going Up in Knoxville and Farragut?

Whether you are thinking about selling your home in Knoxville or buying a home in Knoxville you will want to ask, “are home prices going up in Knoxville?”.  Knowing whether home prices are going up can determine whether it is a good time to buy or sell a home, at what price you should buy […]