CURRENT MARKET CONDITIONS -- Realty sales were slower but steady for the Jefferson City/ New Market area this past year overall. Since it is such a big area for affordable housing the now low interest rates have kept sales pretty constant. Existing home prices are down about 10% from last year as the norm. Prospective buyer inquiries for smaller more affordable homes in the $150K and down range are up and selling fairly quickly. Being located 30 minutes from Knoxville allows those commuting easy access via Interstate 40 or Hwy 11. We are seeing more high end custom home construction going on in the area. Larger farm tracts are being broken into 5-10 acre parcels allowing those with a desire for horses the opportunity to have that perfect Mini ranch/farm. Lakefront properties and Lake Cherokee homes are fairly stable with prices down about 10% from 2010. There still is strong demand for waterfront homes and property because demand still outpaces supply. For those looking for a nice retirement area, the lower prices on housing, excellent medical facilities and nearby shopping is very attractive. Rich in family values and traditions makes this a great area for families of all ages. A great place to live and enjoy life... contact me today at 865-368-2390 Direct for a personalized search, or visit www.TennesseePropertyInfo.com to search the MLS on your own.
ZIP Code: 37760 Approximate Location Boundaries: 50+ mile radius, serving 5 counties in the Lakeways region
Location Characteristics: A small community located 30 minutes from Knoxville with the feel of today and the family values of yesteryear ....a great affordable place to live to raise a family or to retire.
About Denis Savard:
Serving my clients needs in the Lakeways area by using all the tools available in todays new technology market. Specializing in home and land sales, investment properties and tax exchanges. Striving to provide a level of professionalism and expertise while taking the pressures off my clients minds and providing a levelsof personal service beyond thier expectations. CRS®,e-Pro Realtor® Certified New Home Specialist® Call me today and let me show you how I take the hassles out of buying or selling
These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.
