The Blount County Real Estate Market had a strong December!
While this is great news, buyers are definitely showing more price-sensitivity and caution compared to earlier in the year.
It is also important to note that sales volume is down considerably compared to earlier this year.
(Although seasonality is partially responsible for the reduced sales activity since the market tends to slow down around Christmas and other holidays.)
Sellers who need to sell or make a move should do so quickly to maximize their sales price. Buyers who need to buy soon should act quickly to avoid possible interest rate increases. Buyers with less urgency may benefit from waiting for a market correction and better deals.
Call the Everbach Team today at 865-888-HOME (4663) if you are ready to buy or sell!