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
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 […]
Home Sales Expected to Increase In 2020
Freddie Mac, Fannie Mae, and the Mortgage Bankers Association are all projecting home sales will increase nicely in 2020. Below is a chart depicting the projections of each entity for 2019, as well as for 2020. As we can see, Freddie Mac, Fannie Mae, and the Mortgage Bankers Association all believe homes sales will increase steadily over the next year. If you’re a homeowner who has […]
5 Reasons To Hire a Real Estate Professional To Help You
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 […]
Knoxville one of Top 10 Metros with Highest Home Price Increases
The FHFA (Federal Housing Finance Agency) recently released their 2nd quarter numbers of the largest 100 metropolitan statistical areas, and Knoxville hit the top 10 list for highest home price increases since this time last year. Per the report, homes in Knoxville are selling 7.6% higher than August 2018 and 3.3% higher than the last quarter. The city […]
210 Nancy Lane, Clinton, TN 37716 – Troy Stavros, CornerStone Realty Associates
SOLD! Introducing 210 Nancy Lane, Clinton, TN 37716. OFFERED AT $130,000! Cute and updated, one level living minutes from downtown Clinton. This 3 bedroom, 2 bath home is located on a quiet side street and sits on a level lot with a fenced back yard. Owner’s suite addition features new sitting/office area with french doors, […]
Let Me Shatter the Housing Affordability MYTH For You
It seems you can’t find a headline with the term “housing affordability” without the word “crisis” attached to it. That’s because some only consider the fact that residential real estate prices have continued to appreciate. However, we must realize it’s not just the price of a home that matters, but the price relative to a […]
Buying a Home? Do You Know The Lingo?
Some Highlights: Buying a home can be intimidating if you’re not familiar with the terms used throughout the process. To point you in the right direction, here’s a list of some of the most common language you’ll hear when buying a home. The best way to ensure your home-buying process is a positive one is […]
VIDEO: National Housing Market By The Numbers
Staying current is a must when it comes to understanding the housing market. Here’s a look at how the national numbers stack up today. If you’d like to learn more about homeownership or your next move, let’s get together to discuss your options. Call or text me, Troy Stavros with CornerStone Realty Associates today at […]
July 2019 Knoxville Area Housing Market Snapshot
Here’s how the current real estate market is doing through the end of July, all around Knoxville, compared to last year (including Knox County, Loudon County, Anderson County, Blount County, Monroe County, and Roane County, along with some select areas.) Remember, real estate is hyper-local, meaning your county may show one thing but your specific […]
Where you livin’? Renting Vs. Owning
Some Highlights: Owning your own home vs. renting may lead to some great options, such as locking in your monthly payments and having the freedom to customize your living space. Whether you rent or own, you have to cover someone’s mortgage costs. You may as well be doing so to build your own wealth, rather […]
Home Value Appreciation Is Strong: It Might Be Time to Sell
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 […]
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