What happened in 2008 when the market crashed, and what does it mean for us? Well, in a nutshell, property values plummeted and a lot of people lost the equity they had gained up to that point. From 2006 to 2007, we saw 15,757 properties sell. Year to date, from 2014 to 2015, we've seen 16,000 homes sell. Compare that to the 2010 to 2011 time period, where we only saw 9,563 homes sell. It's safe to assume that our market is on solid ground once again, as we've seen home sales increase year over year since the bottom of the crash.
We're expecting an even greater year next year, so it's a great time to buy or sell in Knoxville. Once the spring hits, you can expect a seller's market, making it a great time to get great value for your home! If you have any questions about market conditions or if you need real estate assistance, please don't hesitate to reach out to us. We would love to hear from you! Keller Williams Realty 11121 Kingston Pike, Ste. C Knoxville, TN 37934 865-966-5005 Each Keller Williams Office is Independently Owned & Operated
Today, I just wanted to take a moment to wish everyone a great Thanksgiving. I hope everyone has a great holiday this year.
Sometimes, we take for granted all the small things in our lives. This year, take it all in and appreciate those small things because you never know what tomorrow brings. From my family to yours, happy Thanksgiving and God Bless! Keller Williams Realty 11121 Kingston Pike, Ste. C Knoxville, TN 37934 865-966-5005 Each Keller Williams Office is Independently Owned & Operated
Today, we’ll review common mistakes when purchasing new construction properties. You go directly to the listing agent. This isn’t a good idea, because an agent has been hired to represent the seller’s best interests. Regardless of what they say, they’ll provide information to the seller. For instance, they could suggest a higher price if you reveal how much you’ll offer. Always hire a Realtor to represent you. You don’t conduct research on the property. You don’t want to get into a subdivision that’s not growing, for instance. You should be conducting research about the area. Make sure the research you conduct contains survey copies. It could be a big mess if you miss this important step!
You don’t read the fine print. A lot of people don’t investigate the fine print. They sign blindly. They listen to the listing agent and take their word for it. I challenge you to ask questions and understand the fine print! We can help you through this process. The last thing we want is you not feeling comfortable about such a major decision. Study timelines to avoid confusion and missing deadlines. There are a lot of details you could miss. If you have any questions or comments, reach out and give me a call. You can also email me, too! I would love to hear from you! Keller Williams Realty 11121 Kingston Pike, Ste. C Knoxville, TN 37934 865-966-5005 Each Keller Williams Office is Independently Owned & Operated
