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A look at Knoxville’s hot housing market

Housing Wire

Currently on Realtor.com , more than 2,000 homes are currently on the market in Knoxville with an average listing price of $270,000. According to the Knoxville Area Association of Realtors , the number of houses for sale in 2020 was down 47.5% How 2020 is still shaping the way lenders use data. year-over-year.

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IN DIRE NEED OF GENERATIONAL RESPONSE TO HOUSING SHORTFALL

Will Springer Realtor

“There is a strong desire for homeownership across this country, but the lack of supply is preventing too many Americans from achieving that dream,” said Lawrence Yun, chief economist for the National Association of Realtors® (NAR). POTENTIAL TAX SAVINGS. Skyrocketing property values in our area have their downsides.

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CAN HOUSING SHORTAGE CATCH UP TO EASTSIDE DEMAND?

Will Springer Realtor

based on 2020 data from the U.S. >> The Puget Sound region suffered from a severe lack of new construction in the decade ending in 2020, according to U.S. Kitsap County had the fewest number of units built per household formed between 2010 and 2020 (0.55). with annual property taxes at, gulp! , $233,383!

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FINDING THE KEY TO UNLOCK ‘STUCK’ HOMEOWNERSHIP RATE

Will Springer Realtor

UNMARRIED AND BUYING TOGETHER For the third consecutive year, a report from the National Association of Realtors® (NAR) noted an increase in unmarried couples purchasing a home. >> Seattle homeowners pay a median $4580 in property taxes, based on data collected by LendingTree.com. New York City is No.

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HOME BUYERS FACING ‘TRIPLE-WHAMMY’ EFFECT

Will Springer Realtor

The House version, HB 1782 , is backed by developer and Realtor® lobbyists, Habitat for Humanity and environmental groups, according to The Seattle Times. Among other bills in the works, as of this writing: House Bill 1908 relates to the conversion of surplus public property to affordable housing. from the end of 2020. >>

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