This channel is all about living in Knoxville TN, moving to Knoxville TN, and relocating within Knoxville TN. We also cover the areas surrounding Knoxville.
We get calls and emails every day of people just like you, looking for help on making their move to Knoxville TN and we absolutely love it. Whether you are moving in 10 days or 10 months, give us a call☎, shoot us a text📝, or send us an email📨 so we can help you make a smooth move to Knoxville, TN.
📱Call or Text us: 423-506-7837 Office: 423-745-2634 📨Email: info@livinginknoxvilletn.net 📅Free Real Estate Consultation (Zoom Call): calendly.com/livinginknoxville
Thomas Jewell, Broker, TN License #:301475 The Jewell Group Brokered by Weichert Realtors-SEM Associates
Hey how is apartment living out in Knoxville and job market for car sales. I am a little scared deciding to move originally from Albuquerque New Mexico and than Tucson Arizona. Coming from bigger cities. Also I would like to get back into school I am 31 how would that work?
Hello, Todd. I haven't heard much about the lower part of the Amherst area. Could I ask if those areas are safe and good to live in? (West Forest, Canby Hills, Westavia Woods) Also, is the Amherst area good to live in? Thank you for your time.
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I honestly don’t know how many hail warnings we get in Knoxville. We get thunderstorms and occasionally you can get hail with them. I have never had a vehicle damaged by it happens. If we do get a significant amount of hail or something that is bigger it is good for getting a roof replaced. Our weather is honestly very good if you want four mild seasons. Thank you for the question.
The majority of your residents are renters. The homes are over 300k and up. Inflation doesn't help and many corporations are buying up the land and building cookie cutters throughout Knoxville. It's a win for the Companies and not the homeless.
I don’t know what these real estate people are thinking. It could be a lack of knowledge or a lack of honesty about the real picture stemming from desperation to sell, but here’s the big picture: inventory is significantly higher in this region right now, up 25% and still climbing. Interest rates are also high, and reports show that people are not buying houses. The main issue is that prices are extremely high! Yes, $150k, $200k, or even $300k might seem low compared to California (which is often highlighted in the news), but that doesn’t mean it’s not expensive here. The combination of high inventory, high prices, and high interest rates is a perfect formula for disaster. Do your research before buying anything this year. Prices are expected to continue rising at least until mid-2025. The reason for this is that the game has changed: they are now approving mortgages for people who cannot afford them, asking for just 1% down. I am sure we will soon see 0.5% or even 0% down. I never thought I would say this, but for Tennessee, especially in small towns where household income is much lower than the national average, we are heading toward a type of crash. Not now, but in 1.5 to 2.5 years. Regions like San Diego, California, will never crash due to constantly growing household incomes, which will lead to a market correction over time. However, in Tennessee, the combination of high prices, high interest rates, high inventory, and low household income creates an unsustainable market. It will fall. Folks, hold your horses and you will buy your dream house in two years. Save money and wait for the opportunity.
Once again you are using percentages like up 25%. The absorption rate in Sweetwater and surrounding small towns are still close to historical lows, demand is still strong and this area of East Tennessee is changing like many other areas across the country that offer a great way of life, safety, good weather and friendly people. Tennessee like many of the states that are growing are not overburdening their residents with over regulation and absurd policies. I am assuming you are in the real estate industry, if so you know that 50% of the people who are moving to East Tennessee as well as many other states that are attractive to live in maintain their current job working remotely and bring their salaries with them. The country is undergoing a demographic shift, before covid and the mass acceptance of remote work people had to live in places like California for their job but that is simply no longer the case. A second area you are not considering in any way is that 50% of the people buying property in our area are cash and are not affected in a negative way by the interest rates. Thank you for your comment and opinion but there are so many assumptions in your comment that are simply will not hold up.
There are sites which allow you to research the demographics of any town. That includes ethnicity, religion, politics. You just need to find your niche.
Housing in oak ridge is $100,000 and higher. Rent is $1'000-$2,000 and there seems to be a problem with people getting their homes sold out from under them and left to find housing. Me, my wife, and a roommate had our home sold out from under us last summer and to this day, we're struggling to find a place to live. Last week, via a Facebook group dedicated to oak ridge that someone posted that they're losing their home and has nowhere to go. You touched on crime, there's people that would still someone's shadow if they could. Traffic, you'll have people will get behind the wheel in a vehicle with no concern for those around them. Faith, it's pretty much those "I'm a Christian because I say I am and I'm better than you because of that"
I think people often overrate states just on basis of no income tax. Have to look at all the taxes. TN seems to do a better job. While my state has no income tax and I'm (only) paying 6.5% sales tax, I'm also paying 1.5% property tax. So that 500k house here in my area would have a yearly $7500 tax bill.
You buy the house you can afford. After that it's all about property taxes which are dirt cheap compared to where I am on Long Island NY. Even with the slightly higher sales tax than I have.....Tennessee is a bargain!
No I am asking you to check your data......bubbles build and when you were making this video it was not as apparent...Salaries ARE NOT keeping up with inflation...See objective data from charts in the interview I suggested...You should put a disclaimer that you are not a financial advisor cause some knucklehead will take your advice and when things change for the worse THEY will blame you...Peace...
Everything in this video is correct. Demand still far exceeds supply in Knoxville. Generational numbers are what they are. Inflation will eventually get back in check and salaries will not decrease. Thank you for your comment. I enjoy hearing from those who have a different opinion.
@@livinginknoxville You will see..What your thinking is price appreciation is a depreciating dollar...The houses are not more valueable...The supplies and labor costs are increased as is renovation costs...ETC.Gold's price is up....Is gold more valueable?No ..The dollar you buy the gold with is less valuable..in other words less purchasing power with the fiat...
@@livinginknoxville See housing prices in Austin,Texas or Florida...As a whole housing will be a lot less expensive this time a year from now..Just facts....Now the mass exodus out of wretched cities like N.Y.C. ,SAN FRAN and most of Cali,Oregon,etc. has brought lots of people to all parts of Texas.Tenn.,FL, Idaho,Montana,Wyoming....Due to taxes,philosophical views,crypto friendliness.a new lifestyle,living space..But you will see a massive amount of CRE converted into lofts and studios which will continue to invigorate renting...We are also gonna see an even larger uptick in people moving to different countries...Mexico,Portugal,Spain,Panama..etc...cheaper for same value...
HELOC's ARE being ready to be pushed..People are tapped out with savings/credit card debt.The only asset left with equity is the home..HELOC will destroy whatever asset is left....Watch Adam Taggart of Thoughtful Money interview with Melody Wright....Housing Expert...Then respond!!!
While property taxes in Sweetwater, TN are relatively low compared to Texas-for example, you would pay $1,875 per year on a $300,000 home located in Sweetwater-it's important to consider the high sales taxes. The sales tax rate is 9.75%, which can be a significant adjustment depending on where you are moving from. Be sure to account for all expenses and not just property taxes. One advantage of moving to Tennessee is that the state has no income tax. If you are already living in Tennessee, you are likely accustomed to the high sales tax rate. However, if you are coming from a state with lower sales taxes, this could impact your overall cost of living.
This meeting couldve been an email This email can be much more easily recorded, parsed, analayzed, and so on Literally better in every way No one says this meeting couldve been a phone call The only thing thay can be a phone call is a notification saying you got an email
Farragut is definitely a place where I would buy my future house. Close to my church, a lot of stores, and amazing outdoor events to attend. Great video sir.
where is the link that shows where the crimes occur ?, i don't see it. I'd like to know what areas to avoid, i have a job interview next week and would like to know the best area's to rent a small house or apartment, i wont have much time if i accept the job.
