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 […]
Knoxville Real Estate Trends: Why Buyers and Sellers Are Flocking to East Tennessee in 2025
Knoxville, Tennessee, has emerged as one of the hottest real estate markets in the first quarter of 2025, with buyers and sellers showing significant interest in the region. Tennessee continues to rank among the top states for relocation, and Knoxville leads the way as the most searched city in the state for potential movers. Tennessee: […]
East Tennessee and Knoxville Real Estate Market Report: JUNE 2024
As the summer heats up, so does the real estate market in East Tennessee and Knoxville. With data gathered through the end of June, we have a comprehensive look at the current trends and what buyers and sellers can expect in the coming months. East Tennessee Market Overview Home Sales and Inventory The absorption rate […]
East Tennessee & Knoxville Real Estate Market Update JAN 2024: Opportunities for Buyers and Sellers
The real estate market in East Tennessee, including the vibrant Knoxville area, is poised for a significant upturn after a challenging couple of years. With mortgage rates expected to improve and housing becoming more affordable in the latter half of 2024, we’re on the brink of a dynamic shift. This anticipated change is set to […]
East Tennessee Real Estate: A Dynamic Housing Market in 2023 and Beyond – NOVEMBER 2023 UPDATE
Knoxville Real Estate Trends: A Thriving Market in East Tennessee East Tennessee’s real estate market, particularly in Knoxville, has demonstrated remarkable resilience and growth in recent times. In Q3 2023, Knoxville’s home price growth ranked an impressive No. 4 among the top 100 metro areas. This surge reflects a significant 11.6% increase from the previous […]
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, […]
Baby Boomers Are Taking The Lead In The Current Knoxville Housing Market
The Knoxville real estate market has been on a wild ride over the past year, with prices skyrocketing and inventory at record lows. However, one generation has remained relatively insulated from the volatility, and they are now proving to be the biggest movers in the market: baby boomers. According to the National Association of REALTORS®’ […]
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 : MAY Knoxville TN Housing Market Update
All of the data is in through the end of May. Let’s take a look at what’s happening in the East Tennessee housing market. In today’s video we dive into the East Tennessee real estate data for the month of May 2022 to see how the East Tennessee housing market is doing compared to one […]