Guthrie Group Homes ⋆ Knoxville Tennessee Real Estate

The Top Home-Related Tax Deductions Every Homeowner Should Know

March 10, 2025 By Libby Guthrie Leave a Comment

Tax season. Just the words can send shivers down your spine. 🤢 But if you're a homeowner, there's a silver lining: potential savings!You’ve probably heard that you can deduct the interest you pay on your mortgage — but did you know there are many other ways homeowners can reduce their tax burden?Before you start your return, read this post for common home-related tax deductions, eligibility requirements, and tips on how to maximize your savings. If you use a tax preparer, share this Continue Reading about The Top Home-Related Tax Deductions Every Homeowner Should Know

4 Home Remodeling Projects with the Highest ROI

February 10, 2025 By Libby Guthrie Leave a Comment

Ask any homeowner about what they would like to change about their home, and most will say, "How much time do you have?"Home improvements (cue Tim Allen) or home remodeling projects can stem from a variety of motivations, like preparing your home to put on the market, adding space for a growing family, addressing outdated features or aesthetics, or fixing structural/functional issues with the home.However, when it comes to home remodeling projects, too many people assume their project Continue Reading about 4 Home Remodeling Projects with the Highest ROI

The 2025 Real Estate Report

January 13, 2025 By Libby Guthrie Leave a Comment

Experts Predict Home Values to Increase 1.5% to 3.6% in 2025. Top housing experts and economists give a glimpse of what mortgage rates, home values and the national real estate market will do in 2025. Key TakeawaysMortgages are forecasted to remain higher for longer; but there are things you can do to lower your rate. Home values are predicted to increase incrementally on a national level; and there are projects you can do to increase your home’s value. The national market Continue Reading about The 2025 Real Estate Report