Real Estate News
--> Tennessee News
Fewer homes for more buyers keeps East Tenn. housing market hot
(WVLT) --East Tennessee's housing market has stayed strong in 2017 ... He said for several years, new construction has been down, so there are not as many homes for buyers to choose from. Buyer's agent Karen George also said it is a challenging time ...
KNOXVILLE, Tenn(WVLT) -- East Tennessee's housing market has stayed strong in 2017, since its earlier ranking as one of the top markets in the country per Zillow
This winter, the president of the Knoxville Area Association of Realtors, Jeff Grebe, said it is definitely a sellers' market He said in November 2017, sales were up, while listed properties were down.
Grebe has been helping Joann Vaughn find a home where she can downsize and be comfortable, and her daughter, Mary Halley, has been helping her Halley said,
"We haven't found a lot available," Halley said"We understand part of that is the time of year, this being the holidays."
Grebe explained that it is more than that, with a big gap between supply and demandHe said for several years, new construction has been down, so there are not as many homes for buyers to choose from.
Buyer's agent Karen George also said it is a challenging time for buyers, with less selection than they've had in the past She encouraged people to consider using their own agent to buy, which does not cost them any additional fee
Trending Tennessee News:
Tennessee firearms group calls Harwell 'pink elephant'
Red Cross of Northeast Tennessee sending aid to Hurricane Harvey victims
3 Chattanooga Women Selected For Emerge Tennessee Spring Class Of 2018
2 Johnson City funeral homes fined by state board
Mike Conley, the NBA’s Highest-Paid Player, Scores a Fresh Mansion
Vonore, TN Homes For Sale & Real Estate
People build five tiny homes in six days
Farragut, TN Homes For Sale & Real Estate
Real Estate Experts to Talk Market Trends, Projections
The real estate philosophy that worked for me
Dolly Parton gives millions to Tennessee wildfire victims
Exit interview: MLGW president talks misconceptions, real estate, TVA
Hartsville, TN Homes For Sale & Real Estate
A Tennessee Farmhouse to Love
Steward acquiring Tennessee health provider
Tennessee Residents Hit by Powerful Weekend Storm Still Without Power
What has happened to 2 juveniles charged in Gatlinburg fire? Tennessee officials lock down information
Crescent Homes Moves Into Nashville
TN has $800 million in unclaimed property: Is any of it yours?
Middle TN first responders perform water rescues in Florida