Last December, when the Federal Reserve projected a series of benchmark rate cuts in the coming year, some analysts speculated that mortgage rates—which had recently peaked near 8%—would fall closer to 6% by mid-2024.1,2,3Unfortunately, persistent inflation has delayed the central bank’s timeline and kept the average 30-year mortgage rate hovering around 7% so far this year.2While elevated Continue Reading about Mid-Year Real Estate Market Update for 2024: What Buyers and Sellers Need to Know
Home Buyers
The Ultimate Guide to Finding the Perfect Real Estate Agent in Knoxville Tennessee
Finding the perfect real estate agent in Knoxville Tennessee for you is crucial to help you navigate through the complexities of the market. If you didn't know, buying or selling a property can be a daunting task, especially if you're doing it for the first time. Whether you're looking for a family home in the suburbs or an investment property downtown, having the right agent by your side can Continue Reading about The Ultimate Guide to Finding the Perfect Real Estate Agent in Knoxville Tennessee
Real Estate Market Forecast: Opportunities for Home Buyers and Sellers in 2024
Wondering about Real Estate Market Forecast for 2024? We’ve rounded up economists’ predictions for the coming year.A growing share of home buyers and sellers sat on the sidelines last year as the pace of home sales continued its downward trajectory.1In fact, since the Federal Reserve began its series of interest rate hikes in 2022, the combination of higher borrowing costs and record-high Continue Reading about Real Estate Market Forecast: Opportunities for Home Buyers and Sellers in 2024