Crossville Tennessee real estate news - real estate is local!

Today's real estate market has some of us concerned, worried or maybe a little fed up. Do what I find myself doing from time to time - Take a deep breath and count to ten... Did it work?  If not there is still hope.

Everything you are hearing on the news and reading in the papers may paint an ugly picture for the sale of your property and we may even need to hold our own for a short sale, but before you give up - realize that REAL ESTATE IS LOCAL!  (Don't rely on the media for valid local information)

Everything effects real estate locally. We must research all the statistics before we place a price!

• WHAT HAVE COMPARABLE HOMES SOLD FOR?
• IN YOUR NEIGHBORHOOD/COMMUNITY?
• CITY/TOWN.
• COUNTY.
• WHAT IS THE ANNUAL INCOME VIA MORTGAGE PAYMENTS?
• DOES MONTHLY INCOME EXCEED 1/3 OF PAYMENTS?
• HAVE THERE BEEN FORECLOSURES IN YOUR NEIGHBORHOOD?
• WHAT IS THE UNEMPLOYMENT RATE?
• THE SMALLEST FALL CAN EFFECT SALES.

All these local statistics can have a big impact on the sale of property. Making sure you have a Realtor do the research will determine if you have your real estate priced right and salable! Extensive on-line and local marketing is also a big factor.

For a free consultation / sit down with a cup of coffee at my office - feel free to contact me.

• CHRISTINA WILLIAMS / LICENSED TN REALTOR
• F1RST REALTY COMPANY
• (931) 510-0859 / (931) 484-1005
• tennesseeliving@gmail.com