With stay-at-home orders starting to gradually lift throughout parts of the country, data indicates homebuyers are jumping back into the market. After many families put their plans on hold due to the COVID-19 pandemic, what we once called the busy spring real estate season is shifting into the summer. In 2020, summer is the new spring for real estate. […]
Interest Rates Hover Near Historic All-Time Lows [INFOGRAPHIC]
Some Highlights Mortgage interest rates have dropped considerably this spring and are hovering at a historically low level. Locking in at a low rate today could save you thousands of dollars over the lifetime of your home loan. Let’s connect to determine the best way to position yourself for a move in today’s market. Call/Text […]
LIVE VIDEO: Why Buying A Home Right Now in Knoxville Might Not Be Easy, But It’s Smart!
Through all the volatility in the economy right now, some have put their search for a home on hold, yet others have not. Today I talk about why it’s probably a good move to move!
Why Home Office Space Is More Desirable Than Ever in Knoxville
For years, we’ve all heard about the most desirable home features Knoxville buyers are looking for, from upgraded kitchens to remodeled bathrooms, master suites, and more. The latest on the hotlist, however, might surprise you: home offices. In a recent article by George Ratiu, Senior Economist with realtor.com, he notes how listings with an office are selling quickly: “As more […]
5 Powerful Reasons to Own Your Home Instead of Renting
Owning a home has great financial benefits. In a recent research paper, Homeownership and the American Dream, Laurie S. Goodman and Christopher Mayer of the Urban Land Institute explained: “Homeownership appears to help borrowers accumulate housing and nonhousing wealth in a variety of ways, with tax advantages, greater financial flexibility due to secured borrowing, built-in ‘default’ […]
How To Get The Best Deal When Buying A Home In Knoxville
A recent article on the Wall Street Journal’s MarketWatch website discussed housing affordability and how home buyers can get the best deal when buying a new home. The article’s summary of the national market conditions showed that home prices will continue trending higher this year, but not as fast as 2013. Mortgage rates are also […]
The Hot Season To Buy Or Sell A Home In Knoxville Is Upon Us!
Whether you are in a warm weather market, cold weather market, or a high tourist seasonal market, you will see the hot time of the year to buy and sell a home ebb and flow throughout the year. There will be times of the year that will slow down and others will take off. Locally, […]
What Will A 1% Difference In Your Mortgage Rate Save You?
If you are in the process of buying a home in Knoxville or at least thinking about it, financing is also on your mind. Unless you are planning to pay cash, you’re going to want to find the best deal and the lowest mortgage rate. Knoxville mortgage rates can vary from lender to lender and […]
How a low-ball offer on a Knoxville home for sale can cost you more
Are you hurting yourself by submitting low-ball offers on a Knoxville home for sale? A year ago 10% of REALTORS® were vocal about receiving low-ball offers on homes for sale. A low ball offer consists of an offer submitted by a potential home buyer for 25% or more below the list price. According to a […]
Getting pre-approved in Knoxville doesn’t mean the bank won’t deny your loan!
If you have listened to the national news at all, you know that banks have tightened their underwriting standards making it more difficult for some Knoxville home buyers to get approved for financing. The very first step you should take in buying a Knoxville home is getting pre-approved for a loan to know where you […]
Why waiting and getting a lower price on a Knoxville home may end up costing you more!
Couple today’s ultra-low interest rates and the low home prices being offered by the Knoxville housing market and you get “perhaps the best deals of a generation,” notes a recent article by Bloomberg Businessweek. With mortgage rates that have been hovering at record lows for the past few weeks (4 percent range or even lower […]