Dave Townsend REALTOR®, TriStar Elite Realty (931-808-6808 or 931-548-2300)
These days in the real estate market you hear about a shortage of homes but at the same time there is also talk about slower sales, price drops, and a market is overall more balanced between buyers and sellers. It’s odd that supply and demand is creating a situation like this, although not so odd … Read more
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 … Read more
Could we see a housing shortage in 2023? It’s no secret we’ve had a crazy few years in real estate market. COVID shut downs and fear of an economic collapsed triggered our government to take action and force low rates. Mortgage rates dropped to historic low levels and homebuyers took advantage of the rates to … Read more
To completely understand where the real estate market is today you need a little background on how we got here. Back in 2020 (cue the flashback music) the Federal Reserve did a number of things because they assumed our economy would tank due to Covid 19. They lowered the Fed Funds rate (the rates that … Read more