2023 was a rocky year in Rocky Top with the housing market. Sales numbers are down significantly while the home prices are even higher. What is all this happening? What can we expect from the 2024 Tennessee Real Estate Market? There are 3 problems in the Tennessee Real Estate Market that we will be concerned about in 2024: Home Prices, Inventory, and Rates. Together these three issues create a significant impact to both home buyers and home sellers in Tennessee.
Check out this video below for more on these three problems with the Tennessee Real Estate Market in 2024
3 Problems with the Tennessee Real Estate Market in 2024
1191 Old Highway 99 Columbia, TN – New Construction Home by Prominence Building Corporation
If you are moving to Tennessee this is a home you will want to see! 1191 Old Hwy 99 is a Custom home built by Prominence Building Corporation with a MAIN FLOOR PRIMARY SUITE, LARGE 3 CAR GARAGE, BONUS ROOM, and MEDIA ROOM! This home had a lot that is just over ONE ACRE with NO HOA! Beautiful ALL BRICK…
The Pros and Cons of New Construction Homes
New construction homes offer many advantages to homebuyers, including customization, energy efficiency, and modern amenities. However, there are also some drawbacks to consider, such as higher costs, longer wait times, and limited negotiation options. It’s important for buyers to carefully weigh the pros and cons of new construction homes before making a decision. In this way, they can make an…
You Never Know What To Expect on a Home Search
The phrase “expect the unexpected” always applies to real estate! From day to day you never know quite what you will run into when on a home search. In a lot of ways that is what is exciting about it. What new gem of a house are you going to see? What perfect piece of paradise will you find? Of…
How to Still Find a Home During the Corona Virus
With the Corona virus here in Tennessee there is a lot of fear and anxiety. It’s inturrupted our normal lifestyles and prevented us from doing a great number of things. We have to adjust. We have to find ways to accomplish our goals that don’t expose ourselves or others to necessary risks. As real estate agents in Middle TN we…