The current housing landscape presents greater home values, low-interest rates, and high buyer demand for mid to lower priced homes. All of these factors point to the strong market forecasted to continue throughout the rest of the year. There is, however, one thing that may cause the industry to tap the brakes: an overall lack of housing […]
2 Markets. 2 Different Directions. Luxury vs. Starter/Trade-Up
Some Highlights: An emerging trend for some time now has been the difference between available inventory and demand in the premium and luxury markets and that in the starter and trade-up markets and what those differences are doing to prices! Inventory continues to rise in the luxury and premium home markets which is causing prices […]
Why Are There Not Enough Homes For Sale In Knoxville?
Ask most Knoxville real estate agents and they will tell you that there is a shortage of good homes for sale in Knoxville. There are plenty of buyers in the market right now, and many are having trouble finding a home that suits them. In fact, the supply of homes in Knoxville has DECREASED by […]