Every day that passes, people have a need to buy and sell homes in Knoxville. That doesn’t stop during the current pandemic. If you’ve had a major life change recently, whether with your job or your family situation, you may be in a position where you need to sell your home – and fast. While you probably […]
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 […]
VIDEO TOUR! Take a walk through 8620 Rayworth Trail, Powell, TN
SOLD! This home sits on just under a half-acre and is located at 8620 Rayworth Trail, Powell, TN 37849. This beautiful 4BR, 2.5BA home is jam-packed with upgrades galore. Hardwood floors in all main living areas including upstairs (no carpet!). Stunning kitchen with upgraded cabinets, breakfast bar, coffee bar, granite counters, and stainless appliances. Living […]
Will Surging Unemployment Crush Knoxville Area Home Sales?
Ten million Americans lost their jobs over the last two weeks. The next announced unemployment rate on May 8th is expected to be in the double digits. Because the health crisis brought the economy to a screeching halt, many are feeling a personal financial crisis. James Bullard, President of the Federal Reserve Bank of St. Louis, explained that the […]
5 Simple Graphs Proving This Is NOT Like the Last Time
With all of the volatility in the stock market and uncertainty about the Coronavirus (COVID-19), some are concerned we may be headed for another housing crash like the one we experienced from 2006-2008. The feeling is understandable. Ali Wolf, Director of Economic Research at the real estate consulting firm Meyers Research, addressed this point in a recent interview: “With […]
Buyers Are Looking Right Now. Are You Ready to List Your Home?
Inventory on the market today is low, especially among existing homes in the entry and middle-level tiers of the market. It is hovering well below the 6-month supply typically found in a more normal market, as shown in the graph below (KNOX COUNTY IS ACTUALLY BELOW 3%!): With inventory being one of the biggest housing market challenges today, […]
Thinking of Selling Your Home? Waiting Might Be The Hardest Part
Tom Petty famously penned the words, “the waiting is the hardest part” in his early 80’s hit song The Waiting, and his thought process can surprisingly also be applied to individuals considering selling their homes today. Traditional thinking would suggest it may be best to wait until the spring to sell when there is a flood of buyers in […]
Your Real Estate Agent Needs To Be More Than A Guide
In a normal housing market, whether you’re buying or selling a home, you need an experienced guide to help you navigate the process. You need someone you can turn to who will tell you how to price your home correctly right from the start. You need someone who can help you determine what to offer […]
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 […]
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 […]
3 Expert Insights On Inventory In The Current Housing Market
The current housing landscape presents greater home values, low-interest rates, and high buyer demand for mid to lower priced homes. All of these factors point to the strong market forecasted to continue throughout the rest of the year. There is, however, one thing that may cause the industry to tap the brakes: an overall lack of housing […]
5 Reasons Why This Summer Is A Good Time To Sell Your Home
Here are 5 compelling reasons listing your Knoxville home for sale this summer makes sense. 1. Demand Is Strong The latest Buyer Traffic Index from the National Association of Realtors (NAR) shows that buyer demand remains strong throughout the vast majority of the country. These buyers are ready, willing, and able to purchase… and are in the market right […]