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Monthly Archives: September 2020

    How Low Inventory May Impact the Housing Market This Fall

    By Matt Shelton | September 22, 2020

    Real estate continues to be called the ‘bright spot’ in the current economy, but there’s one thing that may hold the housing market back from achieving its full potential this year: the lack of homes for sale. Buyers are actively searching for and purchasing homes, looking to capitalize on today’s historically low interest rates, but there... Read More

    Homebuyer Traffic Is on the Rise

    By Matt Shelton | September 16, 2020

      One of the biggest surprises of 2020 is the resilience of the residential real estate market. Lawrence Yun, Chief Economist of the National Association of Realtors (NAR), is now forecasting that more homes will sell this year than last year. He’s also predicting home sales to increase by 8-12% next year. There’s strong evidence that he will be right. ShowingTime, a leading... Read More

    Homebuyer Demand Is Far Above Last Year’s Pace

    By Matt Shelton | September 8, 2020

    Homebuying has been on the rise nationally over the past few months and the Knoxville market is no exception, with record-breaking sales powering through the market in June and July. Knoxville buyers are actively purchasing homes, and the momentum is continuing into the fall. It is, however, becoming harder for buyers to find Knoxville, TN... Read More