From the opportunity to take advantage of today’s low mortgage rates to changing homeowner needs, Americans have more motivation than ever to buy a home in East Tennessee. According to the experts, buyers are making moves right now, creating an unseasonably strong housing market for this time of year. As we wrap up the fall season and move into the […]
2 Reasons Why Waiting To Buy a Home in East Tennessee Will Cost You
If you’re a homeowner who’s decided your current home no longer fits your needs or a renter with a desire to become a homeowner, you may be hoping that waiting until next year could mean better market conditions to purchase a home. To determine whether you should buy now or wait another year, you can […]
How Smart Knoxville Home Buyers Are Approaching Rising Mortgage Rates
Last week, the average 30-year fixed mortgage rate from Freddie Mac inched up to 3.1%, and experts project rates will continue rising through 2022: “The 30-year fixed-rate mortgage was 2.9% in the third quarter of 2021. We forecast mortgage rates to increase slightly through the remainder of the year and reach 3.0%, rising to 3.5% for full year 2022.” If […]
4 Ways Knoxville Homeowners Can Use Their Equity
Your equity is a powerful tool that can help you achieve your goals as a homeowner. And chances are, your equity grew substantially over the past year. According to the latest Equity Insights Report from CoreLogic, homeowners gained an average of $51,500 in equity over the past year. If you’re looking for the best ways to use your growing equity, here […]
Great Starter Home 8 Minutes to Downtown Knoxville
SUPER CONVENIENT location is minutes to I75, 8 minutes to Downtown Knoxville and less than 5 minutes from Merchant Drive and all of the shopping and restaurants. Less than 4 years old. This 3 bedroom, 2 bath home is tucked away at the end of a shared driveway with a big majestic tree providing shade […]
Diving Deep into the Biggest Concerns of Today’s Knoxville Home Buyers
Last week, Fannie Mae released their Home Purchase Sentiment Index (HPSI). Though the survey showed 77% of respondents believe it’s a “good time to sell,” it also confirms what many are sensing: an increasing number of Americans believe it’s a “bad time to buy” a home. The percentage of those surveyed saying it’s a “bad time to buy” hit […]
Dreaming of a Bigger Home in Knoxville? Why Not Buy It This Year?
Are you clamoring for extra rooms or a more functional floorplan in your Knoxville home? Maybe it’s time to make a move. If you’ll be able to work remotely for the long-term or your overall needs have simply changed, it’s a great time to sell your house and move up. Why? With mortgage rates in […]
This Isn’t a Housing Bubble. It’s Simply Lack of Supply. [INFOGRAPHIC]
Some Highlights In a recent article, Lawrence Yun, Chief Economist for the National Association of Realtors (NAR), discussed the state of today’s housing market. When addressing whether or not today’s high buyer competition and rising home prices are evidence of a housing bubble, Yun said that this “is not a bubble. It is simply lack of supply.” Today’s Knoxville housing […]
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 […]
The Road to Homeownership in Knoxville [INFOGRAPHIC]
Some Highlights If you’re thinking of buying a home and not sure where to start, you’re not alone. Here’s a map with 10 simple steps to follow in the homebuying process. Let’s connect today to discuss the specific steps along the way in our local area. Ready to get the process started? Call/Text me, Troy […]
Don’t Let Buyer Competition Keep You from Purchasing a Home in Knoxville
This year’s record-low mortgage rates sparked high demand among homebuyers in Knoxville. Current homeowners, however, haven’t put their houses on the market so quickly. This makes finding a home in Knoxville to buy today challenging for many potential buyers. With an obstacle like this, those searching for their dream homes may be pressing pause on […]
It Pays Off to Sell in Knoxville with a Real Estate Agent [INFOGRAPHIC]
Some Highlights Today, it’s more important than ever to have an expert you trust to guide you as you sell your house in Knoxville. From your safety throughout the process to the complexity of negotiating the deal, you need a professional on your side. Before you decide to take on the challenge of selling your […]
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