No doubt the majority of buyers searching Knoxville homes for sale will need to secure a mortgage. While lending standards have been strict it hasn’t slowed the Knoxville real estate market. The following infographic from mortgage lending services provider, Ellie Mae, shows us what it took to get a mortgage in 2012.
13107 Naylor Ridge Lane, Knoxville, TN 37922 For Sale in Walnut Grove
UPDATE: SOLD! Two story basement home in private cul-de-sac located in West Knoxville’s Walnut Grove neighborhood at 13107 Naylor Ridge Lane, Knoxville, TN 37922. Featuring 4 bedrooms and 3.5 baths. Eat-in Kitchen with loads of granite counter space opens directly to the family room with a fireplace. Office with french doors on the main level […]
Knoxville Real Estate: What are mortgage “points”?
Troy Stavros, Broker and Partner with the 865 Real Estate team stated, “With the latest announcement regarding the new Qualified Mortgage rules, we felt it was a good time to re-address one of the questions asked of us most often by our Knoxville real estate clients. That being, “what are points” in a mortgage?” There are two […]
336 Gwinhurst Road, Knoxville, TN 37934 New Listing in Wentworth!
UPDATE: SOLD! New listing in one of Farragut’s most sought after neighborhoods… Wentworth. It is not often that you can find Knoxville homes for sale in Wentworth at this price point. This home located at 336 Gwinhurst Road, Knoxville, TN 37934 is the perfect Farragut home to get yourself into the neighborhood at an affordable […]
Knoxville Real Estate: Tips To Increase The Resale Value Of Your Home
Are you looking for ways to update your home prior to selling that might grab a buyer’s attention? The following tips can guide you with some ideas that can add the right bang for the buck. When deciding what will increase resale value, we need first to look at what buyers want. Why wait and […]
Fiscal Cliff Avoided, But What Does It Mean For Knoxville Real Estate
What the latest steps to avert the fiscal cliff mean to the Knoxville real estate market. In order to avoid the fiscal cliff, a budget package was passed by the U.S. Congress on New Years Day. Implications for homeowners and the Knoxville real estate market include: tax rates remaining the same for most households and the extension […]
Knoxville Real Estate: How will the Fiscal Cliff effect Housing?
Many experts have voiced that implications of the fiscal cliff will lead to changes in homeownership tax provisions and a recession. Troy Stavros, Broker and Partner with the 865 Real Estate team stated, “Although the recovering housing market has made strides towards normalcy this year, these implications will likely undo gains made in one of […]
Knoxville Real Estate: Visions from the Real Estate Crystal Ball for 2013
Troy Stavros, Broker and Partner with the 865 Real Estate team stated, “As we look into our crystal ball at what we project 2013 to look like, it has positives and negatives for both buyers and sellers of Knoxville real estate. The good news for everyone is that, unless we fall of the fiscal cliff or […]
Knoxville Real Estate: Checking Your Credit Could Approve Your Loan
Troy Stavros, Broker and Partner with the 865 Real Estate team stated, “In today’s home buying process, with the current stringent lending guidelines, a client’s credit score plays a pivotal role in whether or not they will be approved for a loan on Knoxville real estate. One error on a client’s credit report can be […]
Knoxville Real Estate: Two Positive Housing Predictions for 2013
On December 10th, mortgage giant, Freddie Mac released it’s U.S. Economic and Housing Market Outlook for December. The report looks ahead to 2013 and gives us a prediction as to what can be expected in the housing market. Coming off many consecutive months of positive news, the outlook is that the housing market will continue […]
Knoxville Real Estate: Incredible Mortgage Percentages MUST READ!
In today’s Knoxville real estate and mortgage markets we are seeing affordability and purchasing power like no other time in history. When rates are at historical lows, as they are now, they expand the home buyers purchasing power. While home prices have been low as well, the ultimate factor to purchasing power in the Knoxville real estate market is […]
Knoxville Real Estate: Low Inventory Brings Buyer Compromises
With current inventory levels of Knoxville Homes For Sale, as well as nationwide levels well below normal, home buyers are finding themselves in situations where they may have to compromise. Gone are the days where buyers had their pick of the litter and could find multiple homes in their price range that had everything on […]
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