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Got questions ? Give us a call

Got Questions? Give Us a Call!We’ve called this beautiful area of East Tennessee our home for many years and there’s not too much about it we don’t know. So if you’ve got questions, we’ve probably got the answers! If we don’t, chances are we know where we can find them!Call us at 865-908-2909 or send an email to info.lovewhereyoulive@gmail.com. Someone from the Mountain Realty team will get back to you as soon as possible.We thank God every day for the blessings He’s given us and this business and we’re also thankful that you took the time to visit our website. We’d love the opportunity to meet you face-to-face and see if we can help you find the right home. We want you to join our other happy clients in saying you truly “love where you live.

Mortgage rates

Recently, Freddie Mac published an Insight Report titled Nowhere to go but up? How increasing mortgage rates could affect housing. The report focused on the impact the projected rise in mortgage rates might have on the housing market this year.Many believe that an increase in mortgage rates will cause a slowdown in purchases which would, in turn, lead to a fall in house values. Ultimately, however, prices are determined by supply and demand and while rising mortgage rates may slow demand, they also affect supply. From the report: “For current homeowners, the decision to buy a new home is typically linked to their decision to sell their current home… Because of this link, the financing costs of the existing mortgage are part of the homeowner’s decision of whether and when to move.Once financing costs for a new mortgage rise above the rate borrowers are paying for their current mortgage, borrowers would have to give up below-market financing to sell their home.Instead, they may choose t…

New listing

Contact
Michael McConnell
REALTOR
ivapower@aol.com
865-548- 8882

Mountain Realty Group

What do you think ?

BUYERS ABD SELLERS

According to the National Association of REALTORS most recent Profile of Home Buyers & Sellers, married couples once again dominated the first-time homebuyer statistics in 2017 at 57% of all buyers. It is no surprise that having two incomes to save for down payments and contribute to monthly housing costs makes buying a home more attainable.But, many couples are also deciding to buy a home before spending what would be a down payment on a wedding, as unmarried couples made up 16% of all first-time buyers last year.If you’re single, don’t fret! Single women made up 18% of first-time buyers in 2017, while single men accounted for 7% of buyers. A recent report pointed to a sense of responsibility and commitment that drives many single women to want to own their own homes rather than rent someone else’s.Here is the breakdown of all first-time homebuyers in 2017 by percentage of all buyers, income, and age:Bottom LineYou may not be that much different than those who have already purcha…