Congratulations! You’ve found a home to buy in Knoxville and have applied for a mortgage! You are undoubtedly excited about the opportunity to decorate your new home! But before you make any big purchases, move any money around, or make any big-time life changes, consult your loan officer. They will be able to tell you […]
4 Reasons To Buy A Home This Spring In Knoxville
Spring has sprung in Knoxville, and it’s a great time to buy a home! Here are four reasons to consider buying today instead of waiting. 1. Knoxville Home Prices Will Continue to Rise CoreLogic’s latest U.S. Home Price Insights reports that home prices have appreciated by 4.4% nationally over the last 12 months. The same report predicts […]
How To Prepare To Buy Or Sell A Home This Spring in Knoxville
Some Highlights: In the majority of the country, this past weekend marks the start of Daylight Savings Time as we set our clocks forward an hour on Sunday at 2:00 AM EST. Whether you plan on buying or selling this spring, these tips could help you ‘spring ahead’ of your competition! Spring brings two things: […]
February Knoxville Area Housing Market Snapshot
Here’s how the current real estate market is doing all around Knoxville. Remember, real estate is hyper local, meaning your county may show one thing but your specific subdivision or home may be doing something completely different. Hit me up for an analysis! Here is what is happening in the West Knoxville/Farragut real estate market. […]
Why an Economic Slowdown Will NOT Crush Real Estate this Time
Last week, the National Association for Business Economics released their February 2019 Economic Policy Survey. The survey revealed that a majority of the panel believe an economic slowdown is in the near future: “While only 10% of panelists expect a recession in 2019, 42% say a recession will happen in 2020, and 25% expect one in 2021.” Their […]
Data Confirms That Now Is a Great Time to Sell Your Home in Knoxville
Heading into the spring buying market, there are strong trends starting to emerge. The inventory of homes for sale has increased on a year-over-year basis for eight months in a row. Home price appreciation has continued to grow, although at a slower rate. The homeownership rate has reached heights last seen in 2014, with millennials […]
The Knoxville Housing Market Will “Spring Forward” This Year!
Just like our clocks this weekend, in the majority of the country, the housing market will soon “spring forward!” Similar to tension in a spring, the lack of inventory available for sale in Knoxville has been holding back the market. Many potential sellers believe that waiting until Spring is in their best interest. Traditionally, they would have been right. […]
No Need To Worry.. Home Prices Coming in for a SOFT Landing
Home prices have appreciated considerably over the last five years. This has some concerned that we may be in for another dramatic correction. However, recent statistics suggest home values will not crash as they did a decade ago. Instead, this time they will come in for a soft landing. The previous housing market was fueled […]
Mortgage Interest Rates Hit New 12 Month Low!
According to Freddie Mac’s Primary Mortgage Market Survey, interest rates for a 30-year fixed rate mortgage are currently at their lowest for 2019. Rates like these haven’t been seen since February 2018! Last week’s survey results reported an interest rate of 4.35%. This is a welcome change from the near 5% rates seen in mid-November. At 4.32%, […]
Why A Normal Real Estate Market is Just What We Need
The housing market in Knoxville has been hot for a while now. Homes in certain price ranges have been flying off the shelves as fast as they have been listed. Buyers have been competing in bidding wars just to find a home to buy, let alone find their dream home. This ‘seller’s market’ has driven Knoxville home […]
SOLD! 1112 Irwin Road, Powell, TN 37849
SOLD IN 10 DAYS! Sitting on 1.23 acres in Powell with no restrictions, this 3 bedroom, 3 bath home is ready for your updates and priced accordingly. Upstairs find 3 bedrooms + 2 full baths, family room, dining room, kitchen, and sunroom. Venture down the cool, open, custom built stairway to the wide open lower […]
Would You Rather Be Paying Off Your Landlord’s Mortgage Or Your Own?
There are some people who haven’t purchased homes because they are uncomfortable taking on the obligation of a mortgage. However, everyone should realize that unless you are living with your parents rent-free, you are paying a mortgage – either yours or your landlord’s. As Entrepreneur Magazine, a premier source for small business, explained in their article, “12 Practical […]
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