865 Real Estate

East Tennessee Real Estate & Neighborhood Source

6 Graphs Showing the Strength of Today’s Housing Market [INFOGRAPHIC]

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Some Highlights: Keeping an eye on the current status of the housing market is one of the best ways to make powerful and confident decisions when buying or selling a home. Mortgage rates remaining near historic lows and houses selling in an average of only 29 days are just two key elements driving the strength […]

Home Prices Have Increased in Every Price Range

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CoreLogic’s Home Price Index (HPI) Report revealed, “National home prices increased 3.6% year over year in July 2019 and are forecast to increase 5.4% from July 2019 to July 2020.” They also analyzed four individual home-price tiers, showing the increase in each. Here’s the breakdown: To clarify the methodology, CoreLogic explains, “The four price tiers are based on the […]

5 Reasons To Hire a Real Estate Professional To Help You

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Some Highlights: Hiring a real estate professional to help you buy your dream home or sell your current house is one of the most powerful decisions you can make. A real estate professional has the experience to help you confidently navigate through the entire process. Make sure you work with someone who knows the current […]

Home Value Appreciation Is Strong: It Might Be Time to Sell

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There’s no doubt that today’s housing market is changing, and everything we see right now indicates it is time to sell. Here’s a look at why selling your home in Knoxville now is likely to drive the greatest return on your largest investment. Home values in Knoxville have been appreciating for several years now, growing […]

What could be the Impact of the Next Economic Slowdown on Housing?

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We’ve experienced economic growth for almost a decade, which is the longest recovery in the nation’s history. Experts know a recession can’t be too far off, but when will this economic slowdown actually occur? Pulsenomics just released a special report revealing that nearly 6 out of 10 of the 90 economists, investment strategists, and market analysts surveyed believe […]

3 Expert Insights On Inventory In The Current Housing Market

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The current housing landscape presents greater home values, low-interest rates, and high buyer demand for mid to lower priced homes. All of these factors point to the strong market forecasted to continue throughout the rest of the year. There is, however, one thing that may cause the industry to tap the brakes: an overall lack of housing […]

4 Tips To Sell Your Home Faster

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Since June of last year, we have seen an increase in the inventory of homes for sale month per month. Every spring and summer, the inventory increases because people want to sell their home. For those with children, they may want to be in their new home for the beginning of the school year. If […]

Why Buying or Selling Your Home Should NOT Be a DIY Project

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In today’s fast-paced world where answers are a Google search away, there are some who may wonder what the benefits of hiring a real estate professional to help them in their home search are. The truth is, the addition of more information can often cause more confusion. Shows like Property Brothers, Fixer Upper, and dozens more on HGTV have given many a false […]

5 Reasons Why This Summer Is A Good Time To Sell Your Home

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Here are 5 compelling reasons listing your Knoxville home for sale this summer makes sense. 1. Demand Is Strong The latest Buyer Traffic Index  from the National Association of Realtors (NAR) shows that buyer demand remains strong throughout the vast majority of the country. These buyers are ready, willing, and able to purchase… and are in the market right […]

A Tale Of 2 Knoxville Real Estate Markets: Luxury vs. Starter/Trade-Up

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Some Highlights: An emerging trend in Knoxville for some time now has been the difference between available inventory and demand in the premium and luxury markets and that in the starter and trade-up markets and what those differences are doing to prices! Inventory in Knoxville continues to rise in the luxury and premium home markets […]

Wondering Where All The Missing Houses Are? I Think We Found Them!

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There has been a great amount written on millennials and their impact on the housing market. However, the headlines often contradict each other. Some claim this generation is becoming the largest share of first-time home buyers, while others claim millennials don’t want to own a home, blaming them for the dip in homeownership rate. While […]

Buyer Demand Surging in Knoxville as Spring Market Begins

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Last fall, some predicted that the 2019 residential real estate market would be a disaster. There was even belief we might experience a housing crash like the one that occurred during the last decade. However, according to two separate reports*, buyer demand dramatically increased over the last three months, leading into this spring buyers’ market […]