The graphs below show the recent trends in average prices of homes in Farragut, Tennessee. By looking at the trends of active and sold homes in Farragut we can get an idea of whether prices are trending up or down. This first graph looks at the active homes for sale in Farragut and how their […]
Nice Gains for National and Knoxville Housing Market
According to CoreLogic’s latest housing report, national home prices made double-digit gains in 2013, increasing with the highest annual rate since 2005. While the Knoxville housing market didn’t see as dramatic an increase on average, we did move in the right direction with an overall 5% increase in the median sales price. CoreLogic’s chief economist […]
What are the experts saying about the latest housing market data?
While we know from being directly in the Knoxville housing market that things are on the upswing, let’s take a look at what the leading economic experts are saying regarding the latest housing market data. Paul Diggle, property economist, Capital Economics “March’s decline in existing home sales probably reflects the normal month by month volatility […]
National Housing Market Update: April 2012
National housing market update: Existing-home sales decreased in March, but continued to outperform last year’s levels. Inventory tightened and home prices showed further signs of stabilizing, according to the National Association of REALTORS®. Total existing-home sales, which are completed transactions that include single-family homes, townhomes, condominiums and co-ops, declined 2.6% but are still 5.2% above the […]
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