Farragut, TN Real Estate News

By Christine McInerney, The McInerney Team, Knoxville TN Homes For Sale
(Great Life RE)
The weather is getting warmer, the sun is getting brighter, and thoughts of summer are filling the air.  As you search for your next Knoxville TN Condo or PUD, perhaps you will be interested in a complex that comes complete with a swimming pool.  If you are looking for a Farragut TN Condo with a swimming pool refer to this list of Farragut Condo Complexes with swimming pools for all of your summer needs. Farragut TN Condos with Swimming Pools (Farragut City Subarea))  Admiral Bend Condos Cottages at Governors Landing Cottages at Pryse Farm Edgewater Subdivision Condos Farragut Commons Condos Raven Brook Condos Shiloh Condos Turkey Creek Harbor Condos Waverly Court Condos Wrenwood Condos   View More Of the Knoxville Summer Series: Neighborhoods with Pools: West Knoxville Condos with Pool...
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By Jim Lee, Portsmouth NH Realtor, Portsmouth, NH
(RE/MAX Shoreline)
  One of the best ways to calculate a trend in Knoxville housing sales is the absorption rate for that area. The absorption rates for a huge area such as Knoxville or Knox County is a pretty meaningless number. To forecast current trends more accurately you need to target into a smaller area such as a specific area, subdivision, or zip code. And, since most sellers and buyers are interested in the price point their particular Knoxville house fits into, limiting it to that price point makes this tool even more useful. As an example let’s take the price point from $375,000 to $425,000 in the Town of Farragut, a popular suburb in the west end of Knox County. According the the Knoxville Area Association of Realtors Multiple Listing Service (MLS) figures, there have been 32 houses sold & clo...
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By Terry Schmitz
(Design2Show)
HSR Certified Professional Home Stager and Re-Designer.  Member ASHSR. Design2Show, LLC , specifically trained in marketing and staging techniques, using my time and talents to decorate and re-design clients' homes transforming them into a warm inviting place that everyone will want to come home to.
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By Jim Lee, Portsmouth NH Realtor, Portsmouth, NH
(RE/MAX Shoreline)
Buying a new home in Knoxville or Farragut Tennessee is easier than you might think. Find a qualified Buyer’s Representative: Since most of us only buy real estate a few times in their lifetime doesn’t it make sense to have a Buyer’s Representative to provide complete and fair representation for you? The sellers already have a listing agent to look out for their best interests. As an Accredited Buyer Representative (ABR), I’m qualified to consult with you about buying and represent you in your home purchase.Read the rest of this information article about buying and request a free "Homebuyer's Toolkit" here
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By Jim Lee, Portsmouth NH Realtor, Portsmouth, NH
(RE/MAX Shoreline)
The annual flu season is just around the corner. Achy joints, runny nose, watery eyes, feel bad all over; bummer. No one wants it but a lot of people are gonna get it..........unless........you get a flu shot. But help is at hand; today is "Flu Shot Saturday" in Knoxville. Started in 1992 by Knoxville physician Dr. Charles Barnett, Flu Shot Saturday has become a huge, annual event in the area administering thousands of free preventive flu shots to area residents.The vaccine is funded by grants from BlueCross Blue Shield of Tennessee, Knoxville Rotary Clubs, and other area businesses. Dr. Barnett enlists the help of his medical group and other local medical professionals to actually administer the injections. While it's technically free, donations are encouraged and all monies raised are...
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By Jim Lee, Portsmouth NH Realtor, Portsmouth, NH
(RE/MAX Shoreline)
So you just closed on your new home and the seller handed you your new house keys at the closing table. What is the first thing you should do with them?Throw them all into the nearest trash can!You should then call a reputable locksmith and have all the exterior doors re-keyed; here's why.When your house was on the market for sale you have no idea who and how many people had access to your new home and the keys; Realtors, workers, maids, and a long list of others. Additionally it's a common practice for homeowner to give a spare key to family members, neighbors, co-workers, or other assorted family & friends. To make sure your new home is safe and secure I always recommend that my new homeowners get their locks re-keyed. On my website at a section titled "Moving In" there are a list of ...
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By Jim Lee
(Realty Executives Associates)
Sales Report Beginning 07/01/2007, Ending 07/31/2007 Single-Family Unit Sales - Residential Other Statistics Bedrooms Price Class 2 orLess 3 4 orMore CondoSold ResidentialActive CondoActive $0 - $19,999 7 1 1 0 19 0 $20,000 - $29,999 5 5 1 0 55 0 $30,000 - $39,999 13 9 1 0 127 0 $40,000 - $49,999 14 13 4 0 174 3 $50,000 - $59,999 7 10 1 0 202 5 $60,000 - $69,999 16 18 2 1 294 11 $70,000 - $79,999 15 26 4 3 305 24 $80,000 - $89,999 17 34 3 7 358 26 $90,000 - $99,999 9 35 5 7 332 41 $100,000 - $119,999 22 74 10 29 539 136 $120,000 - $139,999 14 114 15 25 884 165 $140,000 - $159,999 9 116 21 26 857 158 $160,000 - $179,999 7 83 19 16 877 174 $180,000 - $199,999 5 86 20 23 819 149 $200,000 - $249,999 6 107 46 20 1339 319 $250,000 - $299,999 3 51 52 8 1326 178 $300,000 - $399,999 7 44 67 7 1...
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By Jim Lee, Portsmouth NH Realtor, Portsmouth, NH
(RE/MAX Shoreline)
UPDATE: St. Joseph is working overtime. Two days after burying the little miracle worker I have received two offers on the property, one of which is acceptable to the sellers. PPS, the first St. Joseph statue worked so well I bought another. This new listing was on the market for 1 week, 2 offers, one of which the sellers accepted, AND a higher than normal commission rate to encourage more co-op showings. OK, so I have this great listing I can't sell (yet) ;-)It's below comps for the last 3 months, great neighborhood, best school district in town, move in condition, brand new carpet, new paint, 4 bedrooms, 2,000 square feet, etc.,etc., etc. It's now reduced to $164,900Over 50 showings to date; lots of positive feedback.......but...........no sensible offers. We did get one that was 15K ...
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By Sondra Sheckler Realtor,ABR,SRES,Historic Home Specialst
(Coldwell Banker, Award Of Excellence & Million $$ Producer)
                                                                                       Farragut, TN KNOW THE COMMUNITY YOU ARE GOING TO LIVE INLOVE WHERE YOU LIVE For COMPLIMENTARY NEIGHBORHOOD/COMMUNITY REPORT, email me at:  sondra_sheckler@hotmail.com and tell me which community you are considering and I'll send you a full report about that community via email. Just West of Knoxville Tennessee, Farragut is an upscale residential town that has no debt, it has no real estate taxes for homeowners, it has great schools, a public library, beautifully designed parks, two competition class golf courses (Willow Creek Golf Club and Fox Den Country Club), Baptist Hospital rated top 100 in the nation, great recreation opportunities and lovely residential subdivisions. It is a great place to live...
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By Jim Lee, Portsmouth NH Realtor, Portsmouth, NH
(RE/MAX Shoreline)
In a May article in Business Week Magazine, Farragut Tennessee was named one of the "25 Best Affordable Suburbs in the South"."Farragut, Tenn. 37922Metro: KnoxvilleNearest city with pop. 50,000-plus: Knoxville (17 miles) Median Home Price: $224,900 Cost of Living Index: 102.9Primary School Test Score Index: 131*Violent Crime Index: 34Percent pop. with commute <30 min.: 68%"The nearby University of Tennessee adds to Farragut & Knoxville's quality of life. Here the UT Pride of the Southland marching band leads the way to a Saturday afternoon football game at Neyland Stadium.Knoxville and nearby Farragut always rate high in "best places to live" surveys because...............well, because they are. I've lived in the Knoxville area most all my adult life after growing up in Chattanooga whic...
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By Jim Lee, Portsmouth NH Realtor, Portsmouth, NH
(RE/MAX Shoreline)
Deep in west Knox County lies 500 acre Concord Park, a local outdoor mecca with picnic shelters, volleyball, swimming, junior golf, 8 mile biking trail, skatepark, soccer fields, baseball & softball fields, fishing piers, a marina, and a yacht club.And a cool spot called "The Cove" where on the second Saturday evening of each month the Knox County Parks & Recreation Department hosts a free outdoor concert series under the lakeside forest. My wife and attended the first one this past Saturday and listened to some great rhythm & blues tunes from a group called "The MacDaddies".A great evening as usual with several hundred music lovers on shore and about 20 boats anchored offshore too. Everyone just brings some lawn chairs or blankets and most bring food and soft drinks. You just kickback ...
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By Jim Lee, Portsmouth NH Realtor, Portsmouth, NH
(RE/MAX Shoreline)
As a long time taxpayer I love discovering new ways to save money on income taxes. One of the best deal going to date is the up to $500,000 EXCLUSION ON THE GAIN (the difference between what you paid to buy the property and what you sold it for) you make on the sale is tax-free, not the sale price, of your principal residence. It's up to $500,000 for married taxpayers filing jointly or $250,000 for single taxpayers.Tax expert Diane Kennedy has a great article on this subject in today's Realty TimesBasically to qualify for this huge tax savings you only have to have lived in a house that qualified as your principal residence for any 2 of the past 5 years. One quirk to this regulation I was not aware of is that under certain circumstances you can qualify for 1/2 the gain or up to $250,000...
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By Jim Lee, Portsmouth NH Realtor, Portsmouth, NH
(RE/MAX Shoreline)
About 12 miles west of downtown Knoxville, Tennessee is the marvelous little bedroom community of Farragut. Farragut is called a 'bedroom community' because most of the residents work other places and just live there.Currently Farragut has 265 homes for sale ranging in price from $139,900 to a high of $1,499,000; something for everyone. This beautiful homes is listed at $231,000 and is lodated in a convenient Farragut location.Farragut High and the Farragut schools system is very highly rated nationally; several years ago Redbook Magazine ranked Farragut High as one of the top 50 high schools in the United States.Quality of life is very much on the forefront of Farragut life; lots of parks, little league & soccer fields, and during summers; free outdoor concerts at a lakeside park along...
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By Jim Lee, Portsmouth NH Realtor, Portsmouth, NH
(RE/MAX Shoreline)
It appears from United Van lines, the moving companies' annual migration study of where their customers are moving to, that the Southeast and Western parts of the country are where the most folks are heading when they relocate.United has done this annual study since 1977, sort of like an NAR Buyers & Sellers survey. This study was based on 227,254 interstate moves of households buy United among the 48 continental states and Washington D.C. Each state is classified as:  "High inbound" if 55% or more moves are going into that state. "High outbound" if 55% or more moves are out of that state "Balanced" if there are roughly equal moves both into and out of that stateHigh inbound Southern states in 2006 were:North Carolina, tops with 64% inbound movesSouth Carolina with 60.6% inboundAlabama ...
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By Jim Lee, Portsmouth NH Realtor, Portsmouth, NH
(RE/MAX Shoreline)
No, I don't mean do you have a lot of cash in your bank account, a new Lexis, or a 5,000 square foot house on the beach.I mean are you successful in the things that really matter.Are you successful spiritually?With your family?With your self?I read about a book one of our local high school resource aides wrote titled "24/7 Success, Living a Lifetime of Success" The author, James Puckett, is retired from service in the US Army, and is the son of sharecroppers. He says he grew up under the principle of "if you don't work, you don't eat". In the 7 years Mr. Puckett has been employed for the high school he has noticed that his childhood principles of hard work and faith in God seem to have fallen by the wayside for many students.A couple of years ago he started asking many students what the...
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By Jim Lee, Portsmouth NH Realtor, Portsmouth, NH
(RE/MAX Shoreline)
An expression I used to hear a lot several years ago when someone asked if another person had been to the latest vaction spot, visited the latest attraction, or generally done something was: "Been there, done that, got the "T" shirt.The same coul apply to membership in our REALTOR® organization AND participating in those organizations whether it be national, state, or local. Just using the MLS doesn't count as participating.The REALTOR® organization is OUR organization, NAR, our state associations, and our local associations are all membership driven organizations that exist solely for the benefit of that membership, which is all 1,369,955 of us as of the end of November.The REALTOR® organization is also governed by volunteer leadership made up of thousands of members. Read up on some o...
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By Jim Lee, Portsmouth NH Realtor, Portsmouth, NH
(RE/MAX Shoreline)
Before putting your home on the market a little advance preparation will pay big dividends not only in a faster sale but usually also nets a seller more money at closing.  Some fix up things pay huge dividends. For example painting is one of the biggest returns on investment you can get; some experts say for every dollar you spend painting you get five dollars back in increased sale price.  Get a FREE copy of my new booklet titled "450 Ideas To Help Your Home Sell FASTER!" Dress your home for success and it will sell fast and for more money. 52 informative pages, ideas, suggestions, and checklists to make sure your home is in "TIP-TOP" showroom condition to appeal to the most buyers and make them want to buy YOUR HOME instead of your competition.Just send an e mail to: Ideas@JimLee.com ...
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