Current Trends

1 Nov 2011. Greetings all!! This year has been a very unusual year for real estate. At this point, we are on track to have the worst year ever -- or at least since they started keeping records for real estate. However, we'll have to wait until the year is over in order to see if that actually happens or not. Regardless, the conditions that have made this one of the worst years in history also provide some interesting opportunities for those who are willing to look at the possibilities. As I have said before, we have interest rates and home prices both down at the same time. So, that means this is one of the best times in ever to purchase a new home, land, or rental property for those who qualify. At some point, interest rates are going to start climbing, and the real estate market will also fully recover. When those things happen, some buyers will lose a lot of potential purchasing power, and the prices will also start going up again. So, I encourage anyone who has been thinking about buying a house or property to take advantage of the opportunities in this unique market! Give me a call, e-mail me, or send me a text message, and I'll be happy to help you get started. Cheers!


Shell and Associates Realty
Contact Information:
Phone: (423) 895-6084
Shell & Associates Real Estate Office:(423) 543-2393
308 West G Street, Suite A Fax: (423) 543-2135
Elizabethton, TN 37643 Email: gary.smith@tnrealtyagent.com

Elizabethton Real Estate

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