UNDER CONTRACT! How would you like to live on your own acre, surrounded by a 12 acre farm in a beautifully renovated home with a gorgeous kitchen? Here’s your chance! For more information or to schedule a private showing contact me, Troy Stavros with CornerStone Realty Associates at 865-999-0925.
The differences between FHA, VA, and USDA mortgages
When you get a mortgage in Knoxville, there are several options you can choose from, including FHA, VA, USDA, and conventional mortgages. And the one you pick will determine how big of a down payment you’ll need, what credit score you should have, and all the other requirements you’ll need to meet, as well. But […]
A New Way to Shop for Homes in Knoxville via a Virtual World
In a year when we’re learning to do so much remotely, homebuying in Knoxville is no exception. From going to work to attending school, grocery shopping, and even seeing our doctors online, digital practices have changed the way we live. This year, rather than delaying their home purchases, buyers in Knoxville and nationwide – alongside […]
Knowledge Is Power on the Path to Homeownership in Knoxville
Homeownership is on the goal list for many young adults in Knoxville, but sometimes it’s hard to know exactly how to get there. From understanding the home buying process to pre-approval and down payment assistance options, uncertainty along the way can ultimately hold some buyers back. Today, there are over 75 million Millennials and 67 million Gen […]
5 Tips for Knoxville Homebuyers Who Want to Make a Competitive Offer
Today’s real estate market has high buyer interest and low housing inventory. With so many buyers competing for a limited number of homes in the Knoxville area, it’s more important than ever to know the ins and outs of making a confident and competitive offer. Here are 5 keys to success for this important stage in the homebuying […]
Is Buying a Home Today in Knoxville a Good Financial Move?
There’s no doubt 2020 has been a challenging year. A global pandemic coupled with an economic recession has caused heartache for many. However, it has also prompted more Americans to reconsider the meaning of “home.” This quest for a place better equipped to fulfill our needs, along with record-low mortgage rates, has skyrocketed the demand for home purchases in […]
Don’t Let Buyer Competition Keep You from Purchasing a Home in Knoxville
This year’s record-low mortgage rates sparked high demand among homebuyers in Knoxville. Current homeowners, however, haven’t put their houses on the market so quickly. This makes finding a home in Knoxville to buy today challenging for many potential buyers. With an obstacle like this, those searching for their dream homes may be pressing pause on […]
It Pays Off to Sell in Knoxville with a Real Estate Agent [INFOGRAPHIC]
Some Highlights Today, it’s more important than ever to have an expert you trust to guide you as you sell your house in Knoxville. From your safety throughout the process to the complexity of negotiating the deal, you need a professional on your side. Before you decide to take on the challenge of selling your […]
Will Mortgage Interest Rates Remain Low Next Year?
In 2020, buyers in Knoxville got a big boost in the housing market as mortgage rates dropped throughout the year. According to Freddie Mac, rates hit all-time lows 12 times this year, dipping below 3% for the first time ever while making buying a home more and more attractive as the year progressed (See graph below):When you continually hear how rates […]
Chances of Another Foreclosure Crisis in Knoxville? About 0%
There seems to be some concern that the 2020 economic downturn will lead to another foreclosure crisis in Knoxville like the one we experienced after the housing crash a little over a decade ago. However, there’s one major difference this time: a robust forbearance program. During the housing crash of 2006-2008, many felt homeowners should be […]
Homes for Sale in Knoxville Are Disappearing Rapidly
Through all the challenges of 2020, the Knoxville real estate market has done very well, and purchasers are continuing to take advantage of historically low mortgage rates. Realtor Magazine just explained: “While winter may be typically a slow season in real estate, economists predict it isn’t likely to happen this year…Low inventories combined with high demand due to […]
Why Working from Home in Knoxville May Spark Your Next Move
If you’ve been working from home in Knoxville this year, chances are you’ve been at it a little longer than you initially expected. Businesses all over the country have figured out how to operate remotely to keep their employees healthy, safe, and productive. For many, it may be carrying into next year, and possibly beyond. While the […]
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