Libby Guthrie | Guthrie Group Homes, Knoxville
Keller Williams 865-966-5005

The Latest in Real Estate News

2023 Real Estate Market Outlook (And What It Means for You)

Last year, one factor drove the real estate market more than any other: rising mortgage rates.In March 2022, the Federal Reserve began a series of interest rate hikes in an effort to pump the brakes on inflation.1And while some market sectors have been slow to respond, the housing market has reacted accordingly.Both demand and price appreciation have tapered, as the primary challenge for homebuyers has shifted from availability to affordability.And although this higher-mortgage Continue Reading about 2023 Real Estate Market Outlook (And What It Means for You)

How To Stretch Your Budget in a Holiday Season of Inflation

Home for the HolidaysYou don't have to break the bank to celebrate the holidays in style—even in this season of inflation. Prices may be higher on everything from food to gifts to decorations, but there are still plenty of opportunities to eke out extra savings.For example, according to the U.S. Environmental Protection Agency (EPA), you can save a couple of hundred dollars a year just by sealing your home and boosting its insulation.1Other small fixes—such as swapping old light Continue Reading about How To Stretch Your Budget in a Holiday Season of Inflation

7 Tips to Maximize Your Home’s Sale Price

Over the past few years, a real estate buying frenzy bid up home prices to eye-popping amounts. However, as mortgage rates have risen, buyer demand has cooled. 1Consequently, home sellers who enter the market today may need to reset their expectations.The reality is, it’s no longer enough to stick a “for sale” sign in the yard and wait for buyers to bang down the door.If you want to net the most money possible for your property in today’s market, you’ll need an effective game plan Continue Reading about 7 Tips to Maximize Your Home’s Sale Price