West Knoxville Real Estate Market: What You Need to Know.

thinkingofbuyingorsellingAs a West Knoxville realtor, answering questions and giving West Knoxville home buyers and sellers all the information they are looking for is an essential part of the job. The questions range from anything about  about West Knoxville neighborhoods, schools, living in Knoxville, to current home prices. Still, one of the most common questions I receive as a realtor is, “So how is the West Knoxville real estate market?”

That all depends, are you thinking about buying or selling in West Knoxville?

If you’re buying, the West Knoxville real estate market is great. There are not shortage of great real estate deals, whether you’re buying a short sale or foreclosure or just a regular home. Not to mention, mortgage interest rates and housing prices are at record lows. The biggest consideration here is not about the market. It’s about you. For some, buying a home is a great choice and for others it is not. The decision to rent or buy in West Knoxville is a personal one. It all depend on each person’s individual situation. But as a whole, if you’re some who is in a place to buy, there has never been a better time in recent years.

If you’re considering selling, the current West Knoxville real estate market can be competitive, however, there are many people buying homes. As seller, you need to be patient, realistic, and flexible with the current market. There are many things to consider when selling your West Knoxville home, like are you ready to be a seller in a buyer’s market? Is your home comparable to homes that are selling and does the price reflect that? By starting off the process realistically, you will make your whole home selling process much easier.

There is a lot to think about when it comes buying or selling your home. If there is anything I can do to help make this decision easier, please do not hesitate to contact me by phone at 865-696-9002 or send me an email. Are you considering buying or selling your home? If so, is there anything holding your back?