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Knoxville #5 On Forbes List Of America’s Most Affordable Cities

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Knoxville Forbes Most Affordable CitiesKnoxville, Tennessee is once again getting more attention in the national media.  A recent article by Forbes listed Knoxville as #5 on their 2014 America’s Most Affordable Cities list.  The reasons cited by the article leading to Knoxville’s ranking are:

  • A median home price of $140,000 (from the 4th quarter of 2013) which makes 77.4% of home affordable to families earning the local median income of $60,700.
  • Overall cost of living.  The dollar goes a lot further in Knoxville.  Not only in real estate but at places like gas stations and grocery stores as well.   Of all of the cities analyzed by Forbes, Knoxville came in as the most affordable in terms of daily expenses.

Interested in taking advantage of the affordable housing here in Knoxville?  Contact me, Troy Stavros to discuss your goals for buying a home in Knoxville.

CLICK HERE TO READ THE COMPLETE FORBES ARTICLE

Knoxville Makes CNNMoney’s Top 10 Fastest Growing Cities List

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Knoxville Top 10 Fastest Growing CityMore positive news for our great city.  Knoxville made the CNNMoney Top 10 Fastest Growing Cities list.

The article showed that Knoxville has grown 33.1% in the timeframe between 2000-2010.  The biggest factor of it’s growth, as mentioned in the CNN article is that Knoxville currently has the best employment outlook in the nation.  Staffing firm ManpowerGroup stated that 25% of the Knoxville area employers said they expect to add jobs this spring.

The second big factor leading to the areas growth is the fact that Knoxville has excellent transportation options for large businesses.  The article cited the areas rail system, interstate roads, and the ability for barge traffic on the area waterways.

Other factors stated, that not only make Knoxville grow, but also a great place to live are:

  • Low cost of living
  • Low crime
  • Good public schools
  • Abundance of outdoor activities (mountains, lakes, streams, etc)

CLICK HERE to read the complete CNNMoney article.

If you are looking to buy or sell a home in this great city, just contact me, Troy Stavros to sit down and talk about your goals.

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