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KNOXVILLE HAS SEEN A 114% INCREASE IN THE INCOME NEEDED TO AFFORD A MEDIAN-PRICED HOME SINCE 2020

March 5, 2024 By Troy Stavros

In the wake of Knoxville’s evolving real estate landscape, both buyers and sellers are finding themselves at a critical juncture. The city, renowned for its vibrant culture and scenic beauty, has recently witnessed a significant shift in the housing market, a development that merits a closer examination. A Staggering Increase: The Financial Implications Recent data […]

Filed Under: Blog, Home Buying, Home Market News, Home Selling Tagged With: Affording a home in Knoxville, Buying a home in Knoxville tips, First-time homebuyers Knoxville, Homeownership challenges Knoxville, Income needed for Knoxville homes, Knoxville home buying guide, Knoxville home sellers guide, Knoxville housing affordability crisis, Knoxville Housing Market Analysis, Knoxville median home price increase, Knoxville mortgage rates update, Knoxville property investment strategies, Knoxville property market forecast, Knoxville real estate market dynamics, Knoxville real estate opportunities, Knoxville real estate trends 2024, Knoxville relocation real estate tips, Navigating Knoxville's real estate, Real Estate Investment Knoxville, Rising home prices Knoxville

March 4th Knoxville Real Estate Market Weekly Update: Opportunities for Buyers and Sellers

March 4, 2024 By Troy Stavros

Exploring the Knoxville Real Estate Market: Opportunities for Buyers and Sellers In the vibrant heart of Tennessee, the Knoxville real estate market is flourishing, presenting unique opportunities for both buyers and sellers. As we delve into the latest market trends with the week ending on Friday, March 1st, Knoxville’s landscape showcases a promising arena for […]

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Navigating the Rising Tide: Knoxville Real Estate Trends and Projections (#1 in the Country!)

February 28, 2024 By Troy Stavros

Knoxville’s real estate landscape has seen significant shifts over the past year, marking it as a hotspot for buyers and sellers alike. With an impressive growth trajectory and promising projections, understanding these trends is key for anyone looking to make a move in this vibrant market Knoxville Market Overview The past year has been remarkable […]

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Let’s look at the Farragut, TN Housing Market: Insights from January 2024

February 22, 2024 By Troy Stavros

The Farragut, Tennessee housing market has shown some intriguing trends as we closed January 2024. Those considering buying or selling homes in Farragut should take note of these developments to make informed decisions. Despite a year-over-year decrease in home sales and pending sales, largely attributed to a significant winter storm, the market dynamics offer unique […]

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Navigating the Tellico Village Real Estate Market: Insights for January 2024

February 21, 2024 By Troy Stavros

Click here to see homes for sale in Tellico Village In the picturesque setting of Tellico Village, the real estate landscape is as dynamic as ever, reflecting both challenges and opportunities for buyers and sellers alike. The January 2024 market update reveals a nuanced picture of the local housing scene, marked by a blend of […]

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Navigating the Knoxville Real Estate Market: Insights for Buyers and Sellers – Monday February 19th

February 19, 2024 By Troy Stavros

The Knoxville real estate market is bustling with opportunities and challenges for both buyers and sellers. As we delve into the latest market update, it’s clear that understanding the current trends is crucial for anyone looking to make a move in this vibrant city. For Buyers: Seizing Opportunities Knoxville’s real estate landscape offers a diverse […]

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East Tennessee & Knoxville Real Estate Market Update JAN 2024: Opportunities for Buyers and Sellers

February 17, 2024 By Troy Stavros

The real estate market in East Tennessee, including the vibrant Knoxville area, is poised for a significant upturn after a challenging couple of years. With mortgage rates expected to improve and housing becoming more affordable in the latter half of 2024, we’re on the brink of a dynamic shift. This anticipated change is set to […]

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U.S. Average 30-Year Mortgage Rates and the Outlook for 2024

December 29, 2023 By Troy Stavros

As a real estate professional, it’s important to understand the dynamics of mortgage rates and their impact on the housing market. This year, we’ve witnessed U.S. mortgage rates soar to their highest since 2001, culminating in a significant quarter-point increase from last year, even jumping over 8% in October. This uptick has directly contributed to […]

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Farragut TN Housing Market Update: July 12th Edition | Prices, Sales, Inventory, and Future Outlook

July 12, 2023 By Troy Stavros

Welcome to our latest Farragut TN Housing Market Update! In this video, we’ll provide you with comprehensive insights into the local Farragut, Tennessee real estate market, focusing on key metrics such as prices, sales, inventory, and future projections. Whether you’re a homeowner in Farragut, buyer in Farragut, seller in Farragut, or simply interested in the […]

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JUNE 2023 Knoxville Real Estate Market Update: Rising Rents, Home Prices, and Mortgage Rates

July 10, 2023 By Troy Stavros

Welcome to the Knoxville Real Estate Report! In this video, we’ll dive into the latest trends and insights shaping the housing market in our beautiful city. First, let’s talk about apartment rents. Over the past year, Knoxville has seen a remarkable increase of 9.2% in apartment rents, outpacing the national average growth of 2.3%. This […]

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Despite higher interest rates data shows buyer activity is UP!

May 30, 2023 By Troy Stavros

Are you a homeowner considering selling your house? Wondering if it’s the right time? Well, here’s some good news: despite higher mortgage rates, buyer traffic is on the rise. Recent data from the ShowingTime Showing Index, which measures buyers actively touring homes, reveals a significant increase in buyer demand over the past few months. Even […]

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MARCH 2023 East Tennessee & Knoxville Housing Market Update

April 20, 2023 By Troy Stavros

Knoxville Real Estate Market Shows Signs of Growing Beyond Its Affordable Reputation The Knoxville real estate market has always been known for its affordability, but new data shows that the city’s median listing price is now higher than the national average. This suggests that the competitive advantage of Knoxville’s affordability may be slipping away, making […]

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Copyright 2024 - Troy Stavros - CornerStone Realty Associates, LLC - 865-966-9700 - 12748 Kingston Pike Suite 206, Knoxville, TN 37934 *Some or all of the listings displayed on this site may not belong to CornerStone Realty Associates, LLC. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All data is deemed reliable, but is not guaranteed.