Existing Home Sales
November 10, 2011
Finding Your Knoxville Real Estate Deal Part 2 yesterday we talked about finding your deal. Now we are going to cover what you need to don once you have found your deal. Let’s assume you found […]
September 2, 2011
In Part I of the blog post series, “Renting Vs. Buying in Knoxville,” we compared the price of buying a home in Knoxville versus that of renting an apartment. And, in Part II, we looked at […]
September 29, 2010
Sales of existing homes in recovered in August, perhaps the result of a post-tax credit normalization.
August 27, 2010
Although new home inventory actually dropped 2,000 units in July, the slowing sales pace still managed to push the national supply higher by 1.1 months. At July's rate of sales, the nation's new home inventory would be exhausted in just about 9 months.
July 23, 2010
Consistent with most post-home buyer tax credit housing news, Existing Home Sales eased lower last month. The 5 percent drop in sales was expected, but a closer look at the month's data reveals some interesting trends.
July 12, 2010
The press is referring to the May New Home Sales report as "poor". A closer look, however, shows that may not be the case.
June 24, 2010
The press is calling the May 2010 drop in Existing Home Sales "unexpected" and disappointing, but a deeper look at the data shows the news isn't as bad as it first appears.
June 3, 2010
April marks the third straight month that pending home sales are up and today's buyers should take note. This is because, according to the National Association of Realtors®, 80% of homes under contract close within 60 days.
May 27, 2010
According to the National Association of Realtors®, although the number of homes sold ticked higher in April, so did the supply of existing homes for sale, too. Sellers are now listing homes faster than buyers can buy them.