June 3rd, 2015 categories: Buyers
With Knoxville home prices rebounding and mortgage interest rates rising, 2015 has already proven to be a great year for the Knoxville real estate market. With many buyers waiting on the sidelines for the right time to buy, this year will likely be a big year for many buyers to finally make a move.
If you’re looking to buy a Knoxville home for sale this year, here are 3 essential secrets for success.
Get Your Ducks In A Row First
Before starting to look at Knoxville homes for sale, it is very important to get your ducks in a row in a manner of speaking.
This means sitting down and talking with a loan officer to see how much home you can afford. It is also helpful to find a Realtor who can help you find a Knoxville home for sale that meets your buying needs. Read the rest of this entry »
May 22nd, 2015 categories: Buyers
This 2 bedroom, 2 bath Knoxville condo is in immaculate condition – with upgraded appliances, laminate hardwood floors, and neutral paint colors throughout. This Knoxville home for sale is located at 4415 Avery Village Way.
This Knoxville condo for sale has a great open floor plan. The family room has a gas fireplace, laminate hardwood floors, high ceilings, and tons of natural light. The kitchen is spacious, with tons of cabinet and counter space. The kitchen also has upgraded stainless steel appliances, smooth surface counter tops, and tile floors.
This Knoxville condo also has two spacious bedrooms. The master is large with a connected master bath and walk-in closet. This Knoxville condo for sale is an end unit, offering a lot of privacy. It also has a great deck. In addition, it also has a two car garage. Read the rest of this entry »
Price is an essential part of selling your Knoxville home. A home that is priced competitively will sell fast, while an overpriced Knoxville home for sale will have more difficultly selling. If you’re thinking about selling your Knoxville home this year, here is how to price your Knoxville home for sale so it sells fast.
The best way to determine the best price for your Knoxville home for sale is to contact a Realtor. A Realtor can be an important resource to help you determine what a good price for your home. A Realtor will have useful knowledge of what homes are selling of in your area and have knowledge and expertise of what they current Knoxville market is like. Read the rest of this entry »
Whether you’re buying or selling a Farragut home, moving can be a real pain. It can be stressful packing up a whole house, and ensuring items get packed and moved properly. If you’re thinking about buying or selling a Farragut home this year, here is how to protect your belongings during a move.
Protect High Dollar Items
If you’re hiring a moving company for your Farragut move, it can be important that you protect high dollar items, like china. When you hire a moving company, you can fill out a high-value inventory form to help protect these items. It can also alert movers to what boxes they need to handle with more care. Read the rest of this entry »
May 11th, 2015 categories: Sellers
Selling your Knoxville home in a seller’s market is every seller’s dream. Unfortunately, just because the Knoxville real estate market has transitioned back into a seller’s market doesn’t necessarily mean will sell quickly. As a seller, you’ve got to play your cards right in a seller’s market. Here is how to take full advantage of selling your Knoxville home in a seller’s market.
Prep Your Home To Be Market Ready
If you want your Knoxville home for sale to be a hot commodity, be sure it is market ready when you put it up for sale. It’ll lessen the number of days on the market and will get you the best price possible. This can mean doing a deep clean of your home, de-cluttering unnecessary items, and making any necessary repairs. Consider doing a neutral paint job and getting carpets cleaned to make your home move0in ready for buyers. Finally, consider investing some money in a home stager. A home stager can help set up your home in a way that is appealing to buyers. Read the rest of this entry »
May 6th, 2015 categories: Buyers
As the West Knoxville housing market continues to stabilize and show more signs of health and improved conditions, you might be thinking more seriously about purchasing a West Knoxville home, right? Here are some reasons why it’s (still) a good idea to get off the fence — sooner, rather than later and buy a West Knoxville home this year.
Mortgage rates are (still) low
During the recession, the rate on the 30-year, fixed-rate loan averaged 4.32 percent. Now, rates are close to that, and there’s no recession! That means they’ve got nowhere to go but up — particularly because the Federal Reserve is expected to end its bond-buying program, which has been credited with pushing mortgage rates to historic lows. Read the rest of this entry »
In this day and age, a majority of Knoxville home searches start online. To be more specific, 90% of home buyer searched online during their home buying process, according to a join study from Google and the National Association of Realtors. With that statistic in mind, it is obviously very important that your Knoxville home gets the proper online exposure. So, how can you ensure this happens?
First, it is important to keep in mind that not all Realtors are created equal. Just because your friend of a friend knows someone who is a Realtor, doesn’t mean you should be tied into using that person. While he or she may be a great Knoxville agent, without further research, there is no guarantees that he or she has a marketing campaign to help give your Knoxville home the online exposure that it needs. Read the rest of this entry »
Everyone always asks me so “How The Real Estate Market?”… I have to say the current market in Farragut has improved greatly in the last 12 months. Let’s compare first quarter stats from 2014-2015 in zip code 37934 which is Farragut.
Here is a chart with side by side numbers then we can break down the numbers and compare
|First Quarter 2015-2014 Zip Code 37934||2015||2014|
|Average List Price||$450,795||$424,037|
|Average Sale Price||$327,269||$296,009|
|Average Days On Market||87||70|
Whether your buying your first West Knoxville home or your fifth, there is a lot of terminology that comes with buying a West Knoxville. Two common terms that get thrown around when buying a West Knoxville home are market value and appraised value. These two terms are very critical when it comes to pricing a home because it must satisfy all parties involved. Unfortunately, with West Knoxville home prices rising, the market value and appraised value don’t always match. Here is a breakdown of each of the terms and why it is important for you to understand as a West Knoxville home buyer.
First, it is important to understand what market value is. Market value is the price agreed upon by a ready, willing, and able buyer and seller. In practice, market value for a West Knoxville home goes something like this: you find a home, you write an offer, the seller counters back a slightly higher price, and you accept the seller’s offer. Sometimes, it can be a little more complicated and there can be multiple buyers involved, but when it comes down to it, market value is the agreed upon price by both buyer and seller. Read the rest of this entry »
March 24th, 2015 categories: Buyers
With spring weather finally upon us you may start considering whether or not this year is a good year to buy a Knoxville home for sale. Here are some reasons why it still makes sense to buy a Knoxville home in 2015.
Mortgage Rates Are Still Low
Mortgage rates are still historically low. It expected, though, that mortgage rates will creep up towards the second half of 2015. You may think that a small increase in interest rate won’t really matter, but it can make a larger impact than you think. If rates go up by just 1%, it can reduce how much home you can afford by 11%. For example if you can afford a $250,000 loan with a four percent interest rate, your buying power would be reduced to $222,500 at a five percent mortgage. While interest rates aren’t expected to creep up a full point this year, even half a point increase can influence you’re buying power. Read the rest of this entry »