Knoxville, TN Real Estate News

By Rich Dansereau
(Positive Real Estate Professionals)
Take a step back to another time. Better yet, sit back and and take a ride on The Three Rivers Rambler Train. This fun and unique excursion can involve either the steam or diesel engine depending on the scheduled day! This wonderful trip last ninety minutes and covers a distance of eleven miles. On this fun trip you will pass through some of the most beautiful farmland, Knoxville's first settlement, and stone quarries. The train travels as far as where the Holston River and French Broad Rivers join to form the Tennessee River. The train offers an open air car and coach cars. In addition, the caboose and several coach cars are available for private rental! During University of Tennessee home football games, the Three Rivers Rambler offers railgate! Railgate is a unique tailgating alterna...
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By Jim Lee, REALTOR, CRS, ABR, Buying or Selling? Ann & Jim are the local experts
(RE/MAX Shoreline)
Back when I got my first Palm Pilot I loved the infra red application that let you 'beam' addresses and information to another PP user. My Treo cell phone has the same application and I find it very convenient to simply beam my business card electronically into someone else's cell phone. Unfortunately there is a flaw in that application; both parties need to have infra red capability in their devices to make it work. Not to worry, some smart people have came up with a solution. MyDropCard.com will email your electonic business card to anyone's email account by simply sending their email address via a text message to Drop Card. The account, like most of the new cool stuff, is free. Set up your drop card account with your contact information. (you can have both business and personal) and ...
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By Jim Lee, REALTOR, CRS, ABR, Buying or Selling? Ann & Jim are the local experts
(RE/MAX Shoreline)
If you're among the still shell shocked from trying to get a handle on web 2.0 don't be alarmed; you're not alone Just when I think I'm making progress another load of new stuff gets dumped into the pile. The latest load is "Social Bookmarking" sites. If you're like me you're probably saying to yourself: 'what the heck is "social bookmarking"? Turns out it's pretty simple to use and a pretty cool application. One of the most common is called "del.icio.us" and it works like this: Let's say you find a website that has some neat stuff you want to come back to. Before now you could save it in your web browser as a "Bookmark" and come back to it on your computer. However if your computer is like mine, it could take 5-10 minutes to scroll through your bookmarks; too long and too unorganized. ...
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By Jim Lee, REALTOR, CRS, ABR, Buying or Selling? Ann & Jim are the local experts
(RE/MAX Shoreline)
Have you ever wanted to send someone the URL for a website with some cool stuff but the address was about 9 inches long, i.e. http://www.mapquest.com/maps/map.adp?ovi=1&mqma p.x=300&mqmap.y=75&mapdata=%252bKZmeiIh6N%252bI gpXRP3bylMaN0O4z8OOUkZWYe7NRH6ldDN96YFTIUmSH3Q6 OzE5XVqcuc5zb%252fY5wy1MZwTnT2pu%252bNMjOjsHjvN lygTRMzqazPStrN%252f1YzA0oWEWLwkHdhVHeG9sG6cMrf XNJKHY6fML4o6Nb0SeQm75ET9jAjKelrmqBCNta%252bsKC 9n8jslz%252fo188N4g3BvAJYuzx8J8r%252f1fPFWkPYg% 252bT9Su5KoQ9YpNSj%252bmo0h0aEK%252bofj3f6vCP" With a simple, FREE web application called TinyURL.com you can turn that humongus URL into a........well, a tiny one like this: http://tinyurl.com/6 Now you can send "http://tinyurl.com/6" instead of  "http://www.mapquest.com/maps/map.adp?ovi=1&mqma p.x=300&mqmap.y=75&mapdata=%252bKZmeiI...
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By Jim Lee, REALTOR, CRS, ABR, Buying or Selling? Ann & Jim are the local experts
(RE/MAX Shoreline)
Do you use "Google Alerts"? A Google Alert is simply an email update on the latest Google results for whatever you want to monitor. You can set up an update at whatever frequency you choose to keep you updated on things like: Your name Your city or area sports teams news for an area or pretty much whatever subject you choose. Once you set up your alert Google automatically will search that term and email you the results. "Google Alerts currently offers 6 variations of alerts - 'News', 'Web', 'Blogs', 'Comprehensive', 'Video' and 'Groups'. A 'News' alert is an email aggregate of the latest news articles that contain the search terms of your choice and appear in the top ten results of your Google News search.  A 'Web' alert is an email aggregate of the latest web pages that contain the se...
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By Jim Lee, REALTOR, CRS, ABR, Buying or Selling? Ann & Jim are the local experts
(RE/MAX Shoreline)
Each Sunday in the Knoxville New Sentinel’s real estate section they print a list of property transfers from the previous week as recorded in the Knox County Register of Deed’s office. I noticed this Sunday, July 13th, there was almost 3 pages of real estate transfers totaling 144 sales in Knox County alone. This would not include Maryville, Oak Ridge, or anything in Loudon county or the surrounding area. The breakdown went like this: $500,000 to $1,000,000  12 closed sales $300,000 to $500,000     10 $200,000 to $300,000     19 $150,000 to $200,000     22 sales $100,000 to $150,000     35 $50,000 to   $100,000     25 $0         to   $50,000       21 For a total of 144 closed sale this past week in Knoxville County. Here are some photos of the homes sold.   This beautiful Farragut home ...
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By Rich Dansereau
(Positive Real Estate Professionals)
The First Annual Irish Festival will be held this upcoming Saturday July 26, 2008 from 10:00 AM until 10:00 PM at World's Fair Park in Knoxville. Click HERE for directions. Tickets for Adults are $10 and can be purchased at the gate; Children are FREE! The festival will be a celebration of the continuing contributions the Irish community has been making since the earliest days of European settlement in East Tennessee. The stated mission of the festival is: The mission of the Irish Festival of Knoxville, Inc. is to educate the community of East Tennessee of the Irish heritage of this region, with educational ties to environmental practices as a zero-waste festival, while raising funds for designated worthy public service agencies and charities. An exciting aspect of this festival will b...
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By Rich Dansereau
(Positive Real Estate Professionals)
With all the music history, from Memphis on the western border, Nashville in the north central part, and the Appalachian Mountains forming the eastern border of the state of Tennessee, Knoxville is fortunate to have "The Official State Theatre of Tennessee." The Tennessee Theatre opened October 1, 1928 with almost 2,000 seats. From the Czechoslovakian crystals in the French-style chandeliers to the overall Spanish-Moorish style, the Chicago architects, Graven & Mayger, incorporated a hodgepodge of design elements from all parts of the world. The overall effect is visually stunning and provides an intimate setting in which to see some of the most acclaimed performers from around the world. The theatre underwent a complete renovation lasting from June 2003 until its grand reopening on Jan...
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By Cathy Glass, Realtor - Knoxville, Tennessee
(Realty Executives Associates)
I have an entry this year in the Greater Knoxville Rubber Duck Race this year. I have never done it before since I am from Oak Ridge. Now that I have moved just "over the line," I am excited to have an entry. It is August 16 this year. You can get more information by clicking on the information below. Cathy Glass, Coldwell Banker Wallace & Wallace, Oak Ridge, Tennessee 37830, 865-483-4303, 865-384-8636, CathyGlass.com, Cathy@CathyGlass.com A Native Oak Ridge Real Estate Professional
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By Jim Lee, REALTOR, CRS, ABR, Buying or Selling? Ann & Jim are the local experts
(RE/MAX Shoreline)
Today on Inman News I noticed a column devoted to gas saving tips offering 12 gas saving tips geared towards real estate sales and marketing. "General tips The folks at Edmunds.com decided to test which gasoline-saving tips really work. They conducted their tests under real-world conditions. Here are the six tips that they say will make a real difference in your gasoline mileage. Take the pedal off the metal. The Edmunds' test showed you can reduce your gas consumption by 31 to 37 percent simply by gently accelerating rather than gunning it. You can also save money by taking your foot off the accelerator as soon as you see a light ahead of you change. Read the rest here. Also on Edmunds is an interesting test titled the "Gas-Sipper Smackdown!" Small Car Cage Match. Which Delivers the Be...
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By Jim Lee, REALTOR, CRS, ABR, Buying or Selling? Ann & Jim are the local experts
(RE/MAX Shoreline)
The figures are out today; here's the June sales report for the Knoxville Area Association of Realtors Home Sales Report Beginning 06/01/2008, Ending 06/30/2008 Single-Family Unit Sales by Price   Bedrooms Other Statistics Price 2- 3 4+ Condos Sold Residential Active Condos Active Totals 142 673 243 118 15,001 2,195 Average Price (in thousands $) 85.5 162.9 303.1 166.1 265.0 221.6 Median Price (in thousands $) 78.2 145.0 254.0 147.0 194.9 189.9 Sum Price (in thousands $) 12,144.5 109,642.1 73,652.5 19,598.8 3,974,668.9 486,371.1 $0 - $19,999 10 4 1 0 41 0 $20,000 - $29,999 14 7 2 1 81 0 $30,000 - $39,999 14 12 1 1 181 2 $40,000 - $49,999 5 8 0 0 199 3 $50,000 - $59,999 12 11 3 0 264 8 $60,000 - $69,999 12 21 3 1 342 8 $70,000 - $79,999 6 28 1 4 437 28 $80,000 - $89,999 17 33 1 1 453 61 ...
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By Jim Lee, REALTOR, CRS, ABR, Buying or Selling? Ann & Jim are the local experts
(RE/MAX Shoreline)
The Knoxville area Realty Executives Associates offices have achieved national rankings in the latest national survey of real estate companies conducted by Realtor Magazine. There is a great video at the magazine link from industry sales leaders who are still doing business in spite of the 'doom & gloom' media reports that continue to bombard the public. Making the top 100 companies in two separate categories, Realty Executives Association were number 59 in 2007 Transaction Sides (a 'side' is one part, buyer or seller side, of one real estate transation) and number 94 nationally in sales volume. Ranked by 2OO7 Transaction Sides: Number 59 Realty Executives Associates Knoxville, Tenn. 6,248 transaction sides Ranked by 2007 Sales Volume: Number 94 Realty Executives Associates Knoxville, 1...
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By Jim Lee, REALTOR, CRS, ABR, Buying or Selling? Ann & Jim are the local experts
(RE/MAX Shoreline)
Video is the newest photo tool to promote listings, yourself, and your area. To get started all you need is a digital video camera; here's some good choices from this month's Residential Specialist Magazine for CRS designess or candidates. First, most popular, cheapest, and easiest is The Flip at under $150.00. Yahoo calls it: "The world's simpliest video camera."   Second on the list for around 100 bucks or so is the Small Wonder EZ201 by RCA Number 3 and a step up in price to around three hundred dollars or so is the Sony MiniDV Handycam® Camcorder Last, and not least in price is the Canon Vixia HV30 At around a thousand bucks Canon says it for "sophisticated and discerning videographers". Personally I intend to do my initial video training on the lower end Flip or Small Wonder first ...
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By Jim Lee, REALTOR, CRS, ABR, Buying or Selling? Ann & Jim are the local experts
(RE/MAX Shoreline)
Yep, that's right it's almost election time in Knoxville and Knox County, Tenneessee. Early voting starts this Friday, July the 18th and is available daily from 10:00 am til 6:00 pm through August 2nd. For those of us that might need some practice or familiarization with the e-Slate voting machines Knox County now uses here's a link to their website that you can practice voting on. This year the Knox County Election Commission has 10, yep, that's 10 convenient locations all across the county for you to early vote and avoid the lines on election day. Here’s a list of locations: Knox County Courthouse Room 218 • 300 Main Street Five Points Village Plaza Shopping Center 2364 Martin Luther King Jr. Avenue New Harvest Park 4775 New Harvest Lane • near East Town Halls Recreation Center 6933 R...
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By Jim Lee, REALTOR, CRS, ABR, Buying or Selling? Ann & Jim are the local experts
(RE/MAX Shoreline)
Each week our local newspapers prints a list of real estate closings (sales) from the previous week as recorded in the Knox County Registrar of Deeds. Today I counted 309 residential and condo property transfers ranging in price from under $50,000 to 2 transfers over $1,000,000. Here's the price breakdown $1,000,000+                  2 $500,000 - $1,000,000  11 $300,000 - $500,000     33 $200,000 - $300,000     44 $150,000 - $200,000     64 $100,000 - $150,000     73 $50,000   - $100,000     50 Under $50,000              40 That number of sales in Knox County alone tells me our Knoxville, Tennessee market is pretty healty compared to the bad news you read about and hear every day in the media.
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By Jim Lee, REALTOR, CRS, ABR, Buying or Selling? Ann & Jim are the local experts
(RE/MAX Shoreline)
For the next two Saturday nights (July 12th & 19th) the Knoxville Observers Astronomy Club will be hosting a stargazing party at nearby Norris Dam State Park If you're never been to a stargazing pary I guarantee you it will be a delightful experience for all ages. Seeing the Milky Way Galaxy undimmed by city lights is a sight to behold; it looks like a huge river of light flowing across the night skies. And seeing the rings around the planet Saturn, the many moons of Jupiter, and just how red Mars actually appears close up will amaze and delight everyone. This is the Milky Way Galaxy on a moonless night when it's at its brightest. Spectacular! So gather up the family, pack a few snacks, and head on up to Norris Dam State Park either of the next two Saturday nights. The program starts at...
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By Jim Lee, REALTOR, CRS, ABR, Buying or Selling? Ann & Jim are the local experts
(RE/MAX Shoreline)
Here's some good news about Knoxville, Tennessee to think about next time you pick up a newspaper or turn on your television and hear the "doom & gloom" about the so called national real estate market: 2008 - Knoxville ranked 4th on the "Best Cities for Relocating Families" list for Mid-Size Markets. Source: Worldwide ERC and Primacy Relocation May 2008 2008 - Metropolitan Knoxville named No. 10 on the list of Forbes Magazine "Best Places for Business and Careers." Source: Forbes Magazine March 2008 2007 - Expansion Management magazine named the Knoxville Metropolitan area 3rd among all mid-sized cities in the nation in its annual "Best Metro for Business and Expansion" competition. Source: Expansion Management Magazine August 2007. 2007 - Boating Life Magazine named Knoxville as one of...
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By Jim Lee, REALTOR, CRS, ABR, Buying or Selling? Ann & Jim are the local experts
(RE/MAX Shoreline)
According to data just released by Eppraisal.com, median home prices are rising is quite a few metropolitan statistical areas (MSA).  The Knoxville, Tennessee MSA is showing a 4.4% increase over the past 6 months earning us a # 47 out of the 188 MSAs calculated. Quite a change in information from the 'doom & gloom' we're bombarded with hourly from the national media sources.  
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By Jim Lee, REALTOR, CRS, ABR, Buying or Selling? Ann & Jim are the local experts
(RE/MAX Shoreline)
I was inspired to write this because of Colleen Fischesser's recent post about getting a grip and a clue about your market. We all know it's tough to maintain a positive attitude, especially when times are tough (or you think they are). I was reminded of a post I wrote a couple of years ago about a local radio talk show host, Hallerin Hill (known to us all as Hal) and a chance encounter he had downtown with a 92 year old lady. Hal had been downtown this weekend to the ice skating rink set up annually on our Market Square Mall. While there he struck up a conversation with an elderly lady watching the skaters. She told Hal she was there watching her great, great, great grandson skate, was 92 years old and still very vigorous and involved with life; certainly an example to follow. Hal aske...
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By Jim Lee, REALTOR, CRS, ABR, Buying or Selling? Ann & Jim are the local experts
(RE/MAX Shoreline)
Here's a quick, easy way to calculate your neighborhood and your home's "walk score". Your walk score is how "walkable" your location is; that is, how quickly and easily you can walk to everyday services such as drug stores, grocery, library, restaurants, dry cleaners, etc. Visit WalkScore.com to calculate your Knoxville home's walkability index. Don Anderson, one of my fellow Realtors, crossing a creek in the Great Smoky Mountains National Park, a walker/hikers paradise. We moved to a new home last year and I was delighted to find our new home's walkability was a 66 out of a possible 100 while our former residence only scored an 8. No wonder we used to have to drive so much.  
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