Rates

Knoxville Home Sales Report: January 2018

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These are average home sales prices from January 2017 over January 2018

These are average home sales prices from January 2017 over January 2018

Deep Thoughts

  • 2018 is starting off as a steady seller's market, but nothing is jumping off the charts just yet.   
  • Inventory was the story in 2017, but pricing may become the story of 2018, with the average sales price of a 3 BR home up 
  • Rates are rising slightly, but not alarmingly. Clam down. 
  • Multiple offers, backup offers, crazy offers: it's still the wild west out there, folks. 
  • Sellers still seem hesitant to jump in on this bizness, but I'm hoping that will change in the coming month, as Spring Selling Season is almost upon us. 
  • This is the first year in a while that I have ABSOLUTELY NO IDEA what to expect. Just stay tuned and let's enjoy the ride together, yes? Yes. 

 *All information provided by KAAR (Knoxville Area Association of Realtors). My opinions are just that: opinions. I'm not really an expert in anything, but I do like to write about real estate. 

Knoxville Home Sales Report: September & October 2017

Knoxville Home Sales Report: September & October 2017

It's beginning to look a lot like...Christmas? How did that happen? Well, it's almost the end of the year, but we still have a lot of 2017 home sales news coming up. Today, let's get in the Way Back Machine and look at the September and October numbers while we wait for the November numbers to come out. To the charts!

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Knoxville Home Sales Report: June 2017

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Deep Thoughts

  • Sales were literally almost off the chart in June. I'm going to need a bigger chart. 
  • Inventory was only slightly down month over month and active listings are flat, so homeowners definitely started listing their homes again in June, which is a good thing. 
  • Rates are still under 4% and THDA money is still available in several Knoxville area zip codes (37914, 37917, 37912, 37921, among others).
  • Multiple offers are the new black, and they are causing prices to go up.
  • Speaking of prices, they are way up all the way across the board, sometimes astonishingly so. I don't want to be "that agent," but with sales and prices skyrocketing up, I can't help but think that what comes up must go down...
  • Am I the only one on the edge of my seat about how the second half of this year is going to pan out? Will sales and prices keep going up? Will rates stay down? Will we finally find out who shot J.R.? Stay tuned! 

All information provided by KAAR (Knoxville Area Association of Realtors). My opinions are just that: opinions. I'm not really an expert in anything, but I do like to write about real estate. 

Knoxville Home Sales Report: Janurary 2017

Knoxville Home Sales Report: Janurary 2017

Nothing cooled down this winter, including the Greater Knoxville Area real estate market. The year ended on a great note in December, but let's take a look at how we're starting off 2017! Please to enjoy the following beautiful charts with data from the Knoxville Area Association of Realtors (nom de plume, KAAR). To the charts!

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