Welcome to your comprehensive October 2024 update on the Knoxville and East Tennessee housing markets! Whether you’re buying, selling, or just curious about the local real estate scene, we’ve got the latest insights and data you need. Market Overview: East Tennessee In October 2024, home sales in East Tennessee experienced a slight decline, down by […]
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 […]
Expert Forecasts on Mortgage Rates for 2022 and 2023
If you’ve been thinking of buying a home in East Tennessee, you may have been watching what’s happened with mortgage rates over the past year. It’s true they’ve risen dramatically, but where will they go from here, especially as the market continues to slow? As you think about your homeownership goals and decide if now’s the […]
East Tennessee home for sale on acreage with Monster Man Cave
Unique custom-built contemporary home situated on 7 acres of complete privacy with a monster man cave but only 1 mile from HWY441 in Seymour. Bring your horses, RV, and all of your toys. The main house features 2 bedrooms on the main level. Upstairs you’ll find the oversized owner’s suite with an 18’ cathedral ceiling, […]
Property Taxes in Tennessee – Help My Tennessee Property Appraisal Went Up!
Here is how our Tennessee property taxes work here in case you are concerned your Tennessee property taxes are going up due to higher appraised value. First and foremost, higher Tennessee property values during a reappraisal do not necessarily mean higher property taxes in Tennessee. According to Tennessee state law, the amount of total tax […]
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 […]
Knoxville, Tennessee ranks in the Top 10 Housing Market “Hidden Gems” in 2022
The National Association of REALTORS identified 10 housing markets as “hidden gems” that are expected to experience stronger price appreciation relative to other markets in 2022. In alphabetical order, the markets are as follows: – Dallas-Fort Worth, Texas– Daphne-Fairhope-Farley, Alabama– Fayetteville-Springdale-Rogers, Arkansas-Missouri– Huntsville, Alabama– Knoxville, Tennessee– Palm Bay-Melbourne-Titusville, Florida– Pensacola-Ferry Pass-Brent, Florida– San Antonio-New Braunfels, […]
Will Home Prices Drop in East Tennessee in 2022?
If you’re thinking of buying a home in East Tennessee in today’s housing market, you may be wondering how strong your investment will be. You might be asking yourself: if I buy a home now, will it lose value? Or will it continue to appreciate going forward? The good news is, according to the experts, […]