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1009 Tralee…Just Listed for $1,100,000

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Knoxville Market Update for June 2013

Here is the MLS Market Trend Report for June 2013.

 

Scroll down to view the Market Trend Reports from the previous months.

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Reminders to Inspect…

REMINDERS TO INSPECT …

 

We have 3 things to share with you what we have learned from a number of homes SOLD recently for you to inspect.

YOUR CRAWL SPACE – If you have a crawl space please make sure you have the plastic covering the surface of the dirt.  This is used as a vapor barrier and make sure the plastic is not wet or damp if it is wet we can recommend a number companies with a life time warranty that will remove the dampness.

 CHECK FLOOR JOISTS FOR MOLD– With all the rain we have had the past couple of months in the Knoxville area, we would advise you to look for white and black mold (fungus) growth on the floor joists.  Depending on the type of mold, there are ways to remedy it.  Call us for recommended specialists.

YOUR WINDOWS FOR BROKEN SEAL – If you have faulty or cloudy windows it is not necessary to replace the window.  This will save you 100’s of dollars and even 1,000’s from not purchasing all new windows.  Again we have several handy men that can and will fix the problem.

APP TO DOWNLOAD – About everyone has an IPhone or Android.  If you have not checked out the app HOUZZ you need to download this app.  It is for ladies only because this gives a homeowner great ideas to improve kitchens, bathrooms, landscaping, dining rooms.  Let me know what you think about the APP.

 

IF YOU ARE THINKING OF SELLING CALL, EMAIL OR TEXT US for a FREE EVALUATION of your property 865-806-3238.  Information Deemed Reliable but not Guaranteed.

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The Woods @ Montgomery Cove – 1216 Arborbrooke, Knoxville, TN

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New Listing in Foxboro S/D in Knoxville TN

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Knoxville, TN Market Update for May 2013

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Knoxville’s Real Estate Market Update

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Since January of 2013 homes for sale in the Knoxville area in the price range from $400,000 or less have improved considerably over the past few years. Homes priced between $400,000 and $500,000 are selling however the home must be in great condition with plenty of upgrades and exceptional landscaping.  The upper priced bracket home over $500,000 has decreased considerably from what was selling in 2004 – 2006.  The reason is the economy and fewer Buyers are not willing to spend that kind of money for a home because of uncertainty.

The good news for homes in the upper price range is HAFA and HAMP have extended the expiration date for homes “underwater” until December 31, 2015 according to CDPE.  This program offers assistance to homeowners through Fannie Mae and Freddie Mac who have completed over 2.6 million foreclosure prevention actions.   Currently we do not see this happening in the market.

 

                                                                        STATISTICS FROM MLS

                                                                                    PRICE RANGE

                                                <$400,000     $400,000 -500,000  $500,000+

Active Listings                           2,392                       142                          341

Under Contract                          1,090                          37                           52

SOLD   (since 1/1/13+)              1,943                            90                          69

The above stats include the entire Knoxville area.   Look for next month’s blog as we will cover certain areas, North, South, East and West.

Until we read again … May the Frank Be With You.  If you know of any one thinking of Buying or Selling Real Estate in the Knoxville area please let us know.  All The Best!

 

 

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Knoxville Market Update for April 2013

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Knoxville Home For Sale

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Homes on the Dogwood Arts Trails 2013 Edition

Dogwood Arts Festival LogoThe dogwood trees are blooming!  Our neighborhoods are full of their gorgeous colors and if you’re like me, you like to drive through some great Knoxville neighborhoods taking in beautiful landscaping, blooming dogwoods and some top-notch homes.  There are over 60 miles of Dogwood Trails all marked with signage and bright pink arrows on the roads. 

Not only are the dogwoods on display, some of the homes are for sale, too! So if you want to live on a Dogwood Trail, now is your chance.  Here are some of our top picks of the homes on the market for each trail.  

Farragut Dogwood Trail
(click here to download a trail map)

11522 S MONTICELLO
Bedrooms: 5
Bathrooms: 3
Square Ft: 3300
Price: $305,999

Sequoyah Hills Dogwood Trail
(click here to download a trail map)

3417 LAKE VIEW DR
Bedrooms: 3
Bathrooms: 3
Partial Baths: 2
Square Ft: 3180
Price: $729,000

Westmoreland Dogwood Trail
(click here to download a trail map)

7332 ROTHERWOOD DR
Bedrooms: 5
Bathrooms: 3
Partial Baths:1
Square Ft: 4900
Price: $549,000

916 VISTA OAKS LANE
Bedrooms: 4
Bathrooms: 3
Partial Baths: 1
Square Ft: 4000
Price: $539,000

 

 

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