Buyers Category
Lakeshire Home for Sale: Move-In Ready, Renovated Home
February 2nd, 2012 categories: Buyers, West Knoxville Neighborhoods
Located in the Lakeshire neighborhood, off of Bluegrass Road, this West Knoxville House of the Week boasts many upgrades, a great location, and move-in ready condition. This Lakeshire home for sale is located at 1436 West Woodshire.
List Price: $159,900
Details: 4 Bedroom, 3 Baths
This Lakeshire home for sale has recently undergone many renovations, making it move-in ready for any buyer looking for home in West Knoxville. There are beautiful hardwood floors and neutral paint throughout the home. The kitchen is nice and open, with beautiful new cabinets and countertops. There are also new stainless steal appliances. The master suite has connected bathroom and a huge custom built walk-in closet. This home for sale in Lakeshire also recently got a new roof, siding, along with new doors and windows. Read the rest of this entry »
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Selling Your West Knoxville Home? A Great Kitchen is Key
February 1st, 2012 categories: Buyers, Sellers, West Knoxville Neighborhoods
Before putting your West Knoxville home on the market, there is a lot to consider. Is it the right time to sell your West Knoxville home? What can you do to make your home sell faster? And, what is the one aspect of your West Knoxville home that buyers are really looking at to stand out? A great kitchen. This is something that many buyer’s consider to be a true selling point of a home.
So what makes this such a strong selling point for your West Knoxville home? Think about it. The kitchen is essentially the heart of every home. It is where meals are cooked and families come together to eat and share their day. When entertaining guests the kitchen is one area of the home guests are likely to see. And, in many new floor plans the kitchen is one of the main focal points of the home, opening up into family rooms and other areas of the house, making it an area where entertaining guests happens. Read the rest of this entry »
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Selling Your West Knoxville Home? Maximize The Curb Appeal
January 27th, 2012 categories: Buyers
When selling your West Knoxville home, achieving great curb appeal is an essential part of attracting buyers. A house that achieves stellar curb appeal is much more appealing to those buying homes in West Knoxville. But, how do you achieve stellar curb appeal when selling your West Knoxville home?
- A well-maintained yard is a crucial and easy fix. Take care of the little aspects that make a difference: mowing and edging you yard, trimming the hedges, pulling weeds, and making sure your grass is well watered.
- A fresh paint job can make all the difference. Look for peeling or chipped paint on the outside of your house. Are doorway and windows free of chipped paint? Touching up a little paint on the outside of your home can make all the difference in how you home looks. Read the rest of this entry »
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Is Buying a Condo in West Knoxville The Choice for You?
January 25th, 2012 categories: Buyers, West Knoxville Neighborhoods
There are many desirable condominium complexes in West Knoxville. But, is buying a condominium in West Knoxville the right decision for you? Take a look at the list below of pros and cons of buying a condo in West Knoxville.
Pros of Buying a Condo in West Knoxville
- Condominiums offer many amenities. Many condos offer swimming pools, fitness centers and other facilities for residents.
- You do not have to worry about maintenance of common areas. In many condos, the common areas are maintained for you. So, there will be no worrying about cutting the grass. Residents pay a monthly or yearly homeowner’s association dues that covers the maintenance of these areas.
- Security. In a condo, you are much closer to neighbors. You may share common hallways or common walls. Read the rest of this entry »
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What 2012 Could Mean for the Knoxville Real Estate Market
January 24th, 2012 categories: Buyers
With the start of 2012, there have been many predictions about what the real estate market will do. Analysts at Fannie Mae, Freddie Mace, and CoreLogic have all made predictions about what 2012 will hold for the real estate market.
So what are they predicting for 2012?
Fannie Mae economists recently predicted that home sales will increase 3.5% this year to 4.74 million home sales, in a recent news release. The release cites employment growth and housing affordability as key reasons for the predicted growth. Though, the first six months of the year are predicted to be slower than the last six months of the year, and consumer confidence will be greatly driven by political uncertainty, with the upcoming presidential election. The report also predicts a larger increase in home sale for 2013, with sales up 5% to nearly 5 million. Refinance originations are expected to drop to $540 billion from $894 billion, while, purchase mortgage originations are expected to increase. Fannie Mae also predicted a 2.3% growth in the overall economy this year. Read the rest of this entry »
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Move-In Ready Williford Home For Sale
January 23rd, 2012 categories: Buyers, West Knoxville Neighborhoods
Built in the last few years, this West Knoxville home for sale is in move-in ready condition. It has a great floor plan and is located in a small, quaint neighborhood in West Knoxville. This West Knoxville House of the Week is located at 1614 Singletree Lane, in the Williford neighborhood.
List Price: $264,900
Details: 4 Bedrooms, 2.5 Baths
With beautiful hardwood floors on the main level and lots of upgrades, this Williford home for sale is a great find. The kitchen has beautiful granite counter tops and dark wood cabinets. The kitchen also has new black appliances and opens up into a kitchen eat-in area. With high 9 foot ceilings and adjoining great room and dining room, the lower level has a great spacious layout. The master suite is roomy, with trey ceilings and a large attached bath. New front-loading washer and dryer also stay with this house. For anyone looking for a home that is like new, this West Knoxville home is worth considering. Read the rest of this entry »
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Americans Still Place Importance on Homeownership
January 20th, 2012 categories: Buyers
In a time, where mortgage interest rates are at record lows; and in a time, where homes prices in Knoxville are at record lows; and in a time, where buying a home in Knoxville is cheaper than renting, what do residents of Knoxville, and in other places across the country, feel about homeownership? In a recent poll conducted on behalf of the National Association of Homebuilders, by Public Opinion Strategies located in Alexandria, Virginia, Americans still place great importance on homeownership.
According to results of the poll, 3 out of 4 people, including both people who rent and own their homes, support tax incentives for people who own their homes. These results were found to be true for people of all political backgrounds, including 84% of Democrats, 71% of Republicans, and 71% of Independents. These same people would strongly oppose measures that impede people from obtaining mortgages or limiting tax breaks for those people who own homes.
The poll also showed that two out of three people believed that the government should help home buyers afford 30-year or fixed rate mortgages. Also, it showed 73% of people support the mortgage interest rate tax deduction, including 77% of Republicans, 71% of Democrats, and 71% of Independents. And, 68% of those same people, would not vote for a presidential candidate that was wanting to eliminate those deductions, including 69% of Independents and 68% of Democrats and Republicans. Read the rest of this entry »
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Move-In Ready Whittington Creek Home for Sale
January 19th, 2012 categories: Buyers, West Knoxville Neighborhoods
With a fabulous layout and like-new condition, this West Knoxville home for sale is a great option for buyers who are looking to buy a home in West Knoxville. Located in at 1704 Saint Petersburg, in the Whittington Creek Subdivision, this West Knoxville House of the Week has many amenities to offer buyers including a community pool, clubhouse, beautiful walking paths, and basketball and tennis courts.
List Price: $499,900
Details: 4 Bedrooms, 3.5 Baths, 1 Bonus Room, Screened-In Porch
Built in 2005, this Whittington Creek home for sale is in move-in ready condition. The main level has a spacious layout, with an open foyer and family room. The main level also has beautiful hardwood floors in every room, but the master suite, which is located on the main level. The master suite is large and has a big walk-in closet. The master bath has double sinks, separate shower, and a large tub. This Whittington Creek home for sale also has a great kitchen. It has stainless steel appliances, center island, granite countertops, and lots of cabinet space. Three more bedrooms, two baths, and a bonus room. This Whittington Creek home also has a private backyard with a screened-in porch. Read the rest of this entry »
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Many New Businesses Coming to West Knoxville in 2012
January 18th, 2012 categories: Buyers, Fun Things To Do, West Knoxville Neighborhoods
In 2012, West Knoxville will see many new businesses opening up stores for the first time or opening additional stores in the area. Rumors about which particular businesses will be opening in 2012 have been floating around for months. So, which businesses will open their doors in West Knoxville? Check out the full list below.
- For months, there are been rampant rumors about Costco coming to Farragut. Finally, the Costco, a wholesale club, coming to Farragut, located at the intersection of Lovell Road and Kingston Pike, is a reality. In November, the preliminary clearing for the site began and actual construction is expected to happen in Spring 2012.
- Trader Joe’s also announced plans to open a West Knoxville site in 2012, located in Suburban Plaza, in between Gallaher View and West Town Mall. Trader Joe’s, a trendy grocery store which offers exotic foods and beverages. Due to Tennessee liquor laws, this Trader Joe’s will lack its wine selection, however, it will still carry beer. Read the rest of this entry »
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Real Estate Market Update: 2011 Foreclosure Numbers Are In
January 17th, 2012 categories: Buyers, Foreclosures, Market Trends, Statistics
The numbers are in. That is, the 2011 Year End Foreclosure Report put out by RealtyTrac, and online resource solely dedicated to foreclosure statistics and sales across the United States. So, what do these numbers mean for the Knoxville real estate market, and other areas of the nation? Check out the breakdown of statistics below to see how this 2011 compares to recent years pas.
- In 2011, there were 1,887,777 foreclosure filings (including default, auction, and bank repossession notices) in the U.S. Though, 1.9 million homes seems like a daunting number, it is actually the lowest it has been since 2007. The 1.9 million homes that went into foreclosure in 2011 is down 34% from 2010, 33% from 2009, and 19% from 2008.
- Nationally, in December 2011, 1 in every 634 homes received a foreclosure filing. The Knoxville real estate market fares significantly better than the national ranking. In Knox County, 1 in 1136 homes received a foreclosure notices. To see how other East Tennesee counties fared, check out the Foreclosure Rate Heat Map on RealtyTrac.com. Read the rest of this entry »
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