865 Real Estate

East Tennessee Real Estate & Neighborhood Source

Will All Credit Bureaus Give Me the Same Credit Score?

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If you have looked at your credit report recently or spoken to a lender about your credit, you may have seen that there are three different credit bureaus that handle credit scoring.  They are Equifax, TransUnion, and Experian.  All get the same information from your creditors, so you would think that your credit score would […]

Knoxville Real Estate Market Update Through August

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The Knoxville real estate market is continuing along on a steady pace, while other parts of the country continue to slow. August data shows that the average sales price of homes in Knoxville increased 3.49% from one year ago to $189,916, with a year to date improvement of 4.53%.  What does this mean?  Home prices […]

Knoxville Real Estate Market Update July 2014

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The Knoxville real estate market is chugging along on a pretty steady pace, while other parts of the country seem to be slowing down. NATIONAL HOME PRICES: June 2014 to July 2014 – DOWN 3.1% July 2013 to July 2014 – DOWN 6.8% KNOXVILLE HOME PRICES: June 2014 to July 2014 – UP 4.6% July […]

Knoxville Real Estate Market Update Through June

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It’s always good to see how the Knoxville real estate market is trending when you are thinking about selling or buying a home in Knoxville. Let’s take a look at the interesting trends I’ve found in the Knoxville real estate market, by studying the home sale data through the month of June. Compared to the […]

What Is A Zombie Property And Does Knoxville Have Any?

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First off, you might be thinking, Troy is losing it.  Zombie property? But it is a real term used in the industry. A “Zombie Property” is any property that has started the foreclosure process, but never been foreclosed and the homeowner has vacated the property. Does Knoxville have any “Zombie Property?”  Of course, the nationwide […]

Knoxville Luxury Homes Leading The Way With Large Gains

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As I study the trends in the Knoxville housing market there are some interesting numbers that stand out.  The sale of Knoxville luxury homes seem to be leading the way through April.  When researching the SOLD and PENDING home data in the luxury price point we see some encouraging numbers. Homes SOLD between $400,000-$499,999 are […]

Knoxville Home Sales Activity Report for May 28, 2014

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I like to stay on top of the current trends in the Knoxville Home Market.  The latest statistics can show us where the trends are in Knoxville home sales.  Here is where we are, year to date, up to May 28th, 2014 in Knox County, Tennessee. Current Active Homes For Sale – 3547 Knoxville homes […]

Why Are There Not Enough Homes For Sale In Knoxville?

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Ask most Knoxville real estate agents and they will tell you that there is a shortage of good homes for sale in Knoxville.  There are plenty of buyers in the market right now, and many are having trouble finding a home that suits them.  In fact, the supply of homes in Knoxville has DECREASED by […]

Knoxville Real Estate vs. National Real Estate in Q1

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Buyers and sellers of Knoxville real estate need to be very careful what they believe when listening to the media about the housing market.  Sure you can believe most of the numbers you hear, but you can’t necessarily translate what those numbers say to your local market.  REAL ESTATE IS LOCAL.  Here are some good […]

List Prices Are Rising Fast On Knoxville Real Estate

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The prices at which sellers of Knoxville real estate are listing their homes is rising quickly.  The year over year increase in the median list price of homes in Knoxville as evidenced by my research is 9.38%.  However the telling factor is that the median increase that has been witnessed in the last month (between […]

Knoxville Real Estate Market Update for April 2014

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A recent report by the National Association of REALTORS showed that the current national housing market is underperforming by historical standards, but where does Knoxville real estate stand? My research shows that in the four main categories (Sold Listings, Pending Listings, Active Listings, and New Listings), only one is showing positive signs here in the […]