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 ranked No. 8 on the list.
Have questions about how your specific home has fared? Remember real estate isn’t only local, it’s hyper-local. Meaning the price increase of your home may be completely different than one just down the block! Call/text me, Troy Stavros with CornerStone Realty Associates today at 865-205-6899 for a personalized market analysis.