Archive for October, 2009
Is The Knoxville Buyers Market Over??
October 30th, 2009 categories: Buyers, General, Knoxville Short Sales, Market Trends, Sellers
Can You Still Get A Good Deal In The Knoxville Real Estate Market??
At some point in their lives, every home buyer in America has wondered “Is now the best time to buy a home?” In this 3-minute video, NBC’s The Today Show does a good job of answering the question.
The conclusion? Yes, but not if you’re going to overpay.
Some of the video’s tips include:
- On what types of homes can you get the best prices
- What you can learn from looking in a seller’s closet
- How to identify a desperate seller
The piece also goes negative on short sales, noting the amount of time required to buy one. Short sales typically do take longer to close versus a ”traditional” purchase, but that doesn’t mean they should be avoided.
There’s plenty of bargains in the short sale arena, too.
In Knoxville you can still get a “good deal” you just need to educate yourself. Pockets of opportunity remain, however, and the focused home buyer can still find a “good deal”.
I have a program to help make you home search easier call TheBuyer411.com It is free and my clients have found it very useful in their home search
If I can help you in any find in your search for a Knoxville home let me know. Call me at 865-675-8326 or Rick@TheBigOrangePress.com
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What The Media Missed In September’s New Home Sales Report
October 29th, 2009 categories: Buyers, General, Market Trends, Sellers
Some days, newspaper headlines are a terrible place to get your real estate news.
Today is one of those days.
After the September New Home Sales report showed sales volume down from August, the mainstream media jumped on the story:
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Home Values In 95% Of Case-Shiller Markets Are Improving Year-To-Year
October 28th, 2009 categories: Buyers, General, Market Trends, Sellers
Has the Real Estate Market Hit Bottom??
For August, the Case-Shiller Index showed annual home values improving across 19 of 20 U.S. markets. It’s the first time in 3-plus years that the benchmark housing index has shown such strength.
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Powermat : The Wireless Battery Charger For Cell Phones
October 26th, 2009 categories: General
Tired of “wire clutter” where your mobile phones, MP3 players and gaming devices compete for outlet space?
Saw this and thought it was really cool.
The Powermat may be your solution.
The Powermat is a 12-inch long wireless battery charger that’s conspicuously missing ”plugs”. Instead, it uses magnetic induction to safely recharge up to 3 devices at once.
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Government : Home Values Edged Lower In August…How Does This Effect Knoxville Home Values?
October 23rd, 2009 categories: Buyers, General, Market Trends, Sellers
According to the government, home values edged lower last month.
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As Gas Prices Rise, Home Affordability Wanes Will It Hurt Knoxville Area Home Sales?
October 22nd, 2009 categories: About Rick, Buyers, General, Market Trends, Sellers
With crude oil at its highest levels since October 2008, retail gas is up 8 cents per gallon this week.
It’s bad news for home buyers and mortgage rate shoppers. The same force that’s driving oil higher is linked to rising mortgage rates.
We’re talking about the weakening U.S. Dollar which is now at its worst levels versus the Euro in 15 months.
Crude oil is priced in U.S. dollars, by the barrel. When the dollar loses value, more of them are needed to buy the same barrel of oil. As a result, predictably, the price of crude oil goes up.
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Housing Starts Rise In 8 Months Out Of 9 This Year
October 21st, 2009 categories: Buyers, General, Market Trends, Sellers
Housing Starts on single-family homes gained last month, marking the 8th time that’s happened this year.
This could be good news for the Knoxville Area Real Estate Market
A “Housing Start” is a home for which the foundation has been excavated and, considered alongside other key market metrics, September data suggests that the housing market has stabilization is complete.
Momentum in housing is overwhelmingly positive:
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Previewing The New Good Faith Estimate
October 20th, 2009 categories: Buyers, General, Market Trends, Sellers
The new Good Faith Estimate makes its debut January 1, 2010.
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DIY : How Do I Fix A Towel Rack That’s “Loose”
October 19th, 2009 categories: Buyers
Over time, towel racks tend to come loose from sheetrock walls. And, sometimes, they separate completely. The good news is that making repairs is easy — it’s something you can do yourself with a little instruction.
In this 2-minute video from ExpertVillage.com, a professional contractor shows that with just a drill and some butterfly anchors, re-securing a towel rack can be a basic handyman job.
So, before you call a professional to rehang your towel rack, watch the video and consider making the repair yourself.
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Knoxville Fall Parade Of Homes!! Rhodes Communities!!
October 16th, 2009 categories: Buyers
It is that time of year again for Knoxville Fall Parade Of Homes. We will be open Friday,Saturday and Sunday from 12-5 in all of The Rhodes Communities.
Realtors we are offering a 4% co-broke on all of our existing homes during the parade!!
Please stop all of communities Rockwell Farm , Chapel Glen, Greenbrook, Campbell Creek, Carpenter Ridge, Edwards Place ,Woodcreek Reserve ,
If you need help financing your new home contact Mike’s Preferred Lender Samanda Clark at Southeast Home Mortgage.
You can reach Samanda at 865-310-1255 or email
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