865 Real Estate

East Tennessee Real Estate & Neighborhood Source

VIDEO: Major Reasons For Todays Current Inventory Shortage

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We are dealing, not only locally but nationally, with a serious shortage of inventory in the real estate world. This video explains some of the major reasons we are in this position. Questions? Contact Troy Stavros with Gables & Gates REALTORS. Serving Tennessee home buyers and sellers in the greater Knoxville and Nashville (Franklin) areas. […]

Why You Shouldn’t Take Your Home Off the Market During the Holidays

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  If you are one of the many homeowners who is debating taking your home off the market for the next few weeks, don’t! You will miss the great opportunity you have right now! The latest Existing Home Sales Report from The National Association of Realtors (NAR), revealed that the inventory of homes for sale […]

Where Are Home Values Today Compared To The Peak in 2008?

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This housing market has many people talking about home values; where they are and where they are headed. It’s also interesting to look back and see how home prices compare to values prior to the housing crisis. Every quarter, Freddie Mac releases their House Price Index. The index usually provides monthly home values for: the […]

Home Sales Are Up In All Price Ranges Above $100,000!

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The National Association of Realtors’ most recent Existing Home Sales Report revealed that home sales were up rather dramatically over last year in five of the six price ranges they measure. Homes priced between $100-250K showed a modest increase at 3.4%. This not only points to the lower inventory of homes available for sale in this price range but also […]

Is Now The Right Time To Put Your House On The Market?

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Last week, the National Association of Realtors (NAR) released their Pending Home Sales Index, a forward-looking indicator of home sales based on contract signings. The report revealed that this May’s numbers weren’t quite as good as the year before: “With last month’s decline, the index reading is still the third highest in the past year, […]

Housing Recovery Picks Up Steam According to WSJ

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Yesterday, I ran a post quoting major housing experts on the increasing strength of the U.S. housing market. I was pleasantly surprised that, on the same day, the Wall Street Journal decided to run a front page story titled, “Housing Recovery Picks Up Steam” (article available to WSJ subscribers). The first paragraph of the article says […]

Affordability May Not Be This Good For Too Long. It’s Time To Buy!

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Now that the housing market has stabilized, more and more homeowners are considering moving up to the home they have always dreamed of. Prices are still below those of a few years ago and interest rates have stayed near historic lows. Sellers should realize that waiting to make the move when mortgage rates are projected […]

Existing Home Sales Jump in December

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The National Association of Realtors (NAR) just released their latest Existing Home Sales Report on Friday. Sales of existing homes rose by the largest increase ever recorded as they rebounded 14.7% over November’s numbers and now stand at 7.7% higher than a year ago. While this is great news for the housing market, there is […]

INFOGRAPHIC: Current National Housing Market News

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The INFOGRAPHIC below gives you a visual picture of the current national housing market news as reported in the recent Existing Home Sales Report. Have questions about the national or local Knoxville and Farragut real estate markets?  Contact me, Troy Stavros with Gables & Gates, REALTORS today at 865-999-0925 and I’d be happy to discuss […]

Knoxville and Farragut TN Real Estate Market Update – April

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Here are the most recent (April) statistics for the Knoxville and Farragut TN real estate markets.   Here are the Knoxville TN real estate market stats through April.  The highlighted stats are: Median sold price of Knoxville homes in April = $150,000 Median list price of Knoxville homes in April = $179,900 Median days on the Market for Knoxville homes =  61 […]

3 Questions To Ask Yourself Before Buying A Home in Farragut

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Have you been kicking around the idea of buying a home in Farragut or Knoxville?  If you are, I’m sure you are getting lots of advice. Friends and family, who no doubt have your best interests in mind, can be a great resource to bounce ideas off of, but they might not be fully aware […]