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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% The KAAR also said housing inventory dropped for six straight months to start the new year.

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The 22 must-have real estate marketing tools for 2024

Housing Wire

Canva is perfect for everything from new listings to brand promotion. This “P” includes not just the physical characteristics of the property (square footage, design, etc.) Included in this “P” are the property’s current value, its property taxes and factors like who is financing the deal.

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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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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

That includes 621 fewer Pending contracts in April 2022 than the previous April, as the net number of new listings remains on average lower than in years past. ” The increased number of listings and slight slow-down of the market have helped boost inventory numbers. with annual property taxes at, gulp! , $233,383!

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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. home buyers.

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SEATTLE ‘WALKING’ TOWARDS URBAN CONNECTEDNESS

Will Springer Realtor

New owners here spend an average of $232.5K on first-year costs, including a 20% down payment, closing costs, monthly mortgage, insurance and property taxes. The few homes that are available are selling quickly and at or above list price.” fewer new listings, the number of sales rose 1.7% While there were 5.8%

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