If you have been following my recent market updates, you’ve likely heard me use one word repeatedly: Normalizing. For the last few months, I have sensed a shift in the Knoxville real estate landscape. The frantic pace of the pandemic years has settled, and we are moving toward stability. Now, new data from First American […]
East Tennessee and Knoxville August Housing Market Update: What Homebuyers and Sellers Need to Know
As we step into the fall season, the housing market in East Tennessee and Knoxville is displaying notable trends that are important for both buyers and sellers to understand. This August has marked some key changes in inventory, sales, and pricing that could impact how you approach buying or selling your home. Here’s a comprehensive […]
Despite higher interest rates data shows buyer activity is UP!
Are you a homeowner considering selling your house? Wondering if it’s the right time? Well, here’s some good news: despite higher mortgage rates, buyer traffic is on the rise. Recent data from the ShowingTime Showing Index, which measures buyers actively touring homes, reveals a significant increase in buyer demand over the past few months. Even […]
APRIL 2023 East Tennessee and Knoxville Housing Market UPDATE
The Current Housing Market in East Tennessee: Rising Prices, Low Inventory, and High Demand The Knoxville real estate market and the broader East Tennessee region are experiencing a significant surge in housing prices due to a combination of factors, including an incredibly low inventory of homes for sale and a high demand driven by an […]
MARCH 2023 East Tennessee & Knoxville Housing Market Update
Knoxville Real Estate Market Shows Signs of Growing Beyond Its Affordable Reputation The Knoxville real estate market has always been known for its affordability, but new data shows that the city’s median listing price is now higher than the national average. This suggests that the competitive advantage of Knoxville’s affordability may be slipping away, making […]
Why A Smaller Home in East Tennessee May Be The Best Fit
When it comes to buying a home in East Tennessee, bigger isn’t always better. In fact, there are many advantages to purchasing a smaller home that can make it a wise financial decision.One of the most significant benefits of buying a smaller home is the cost savings. Smaller homes in Knoxville generally have lower utility costs, […]
Almost Half of the Homes Sold in Farragut in March were CASH or At or Above List Price!
Almost 1/2 (45%) of the homes sold so far in March in Farragut have been for cash or at/above their listing price (some both). We saw some sell for over $100K above their list price! I go over these sales in the video along with the breakdown of the sold prices and subdivisions. Lack of […]
Homes for sale in East Tennessee : MARCH 2022 Housing Market Update
In today’s video, we dive into the East Tennessee real estate data for the month of March 2022 to see how the East Tennessee housing market is doing compared to one year ago. We will look at the inventory of active homes for sale in East Tennessee. Homes for sale in Knoxville TN, homes for […]
How Much Should I Offer on a House in Knoxville in 2021?
For generations, the homebuying process never really changed. The seller would try to estimate the market value of the home and tack on a little extra to give themselves some negotiating room. That figure would become the listing price of the house. Buyers would then try to determine how much less than the full price they could […]
Cheap houses for sale in Knoxville TN: 2017 Harris Road, Knoxville, TN 37924
WATCH THE WALK-THRU VIDEO ABOVE OR TAKE A 360 TOUR OF THE PROPERTY BELOW (best results are FULL SCREEN on a desktop!) Looking for cheap houses for sale in Knoxville TN? That’s a tall order, but I’m serving you up a great one right now! How about 2 lots in 1? This super cute home […]
The differences between FHA, VA, and USDA mortgages
When you get a mortgage in Knoxville, there are several options you can choose from, including FHA, VA, USDA, and conventional mortgages. And the one you pick will determine how big of a down payment you’ll need, what credit score you should have, and all the other requirements you’ll need to meet, as well. But […]