Knoxville, Tennessee real estate sales……Up? down?, you decide.

Posted by Jim Lee, REALTOR® @ 9:35 pm, July 13th, 2008  

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 309 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:

  • 2 sales over $1,000,000 (that one million bucks folks!)
  • $500,000 to $1,000,000  11 closed sales
  • $300,000 to $500,000 33
  • $200,000 to $300,000 44
  • $150,000 to $200,000 64 sales
  • $100,000 to $150,000 73
  • $50,000 to   $100,000 42
  • $0         to   $50,000   40

great values on Knoxville, Tennessee homes for sale, contact Jim Lee, Knoxville area Realtor
This beautiful home in northwest Knoxville sold for only $142,400 with new carpeting throughout and fresh paint.

Beautiful Farragut tn home

Visit Knoxville Home to pick out a great home for your family.

Stars shine over Knoxville Saturday night

Posted by Jim Lee, REALTOR® @ 8:52 am, July 11th, 2008  

In fact stars shine over Knoxville every night but you usually can see only the brightest ones because of all the city lights.

For the next two Saturdays (July 12th & 19th) at 8:45 pm the Knoxville Observers Astronomy Club will be hosting a stargazing party at Norris Dam State Park.

milk way galaxy

This is the Milky Way Galaxy undimmed by city lights

If you’ve never been stargazing you’re in for a big and pleasant surprise. The night sky has literally thousands of stars and planets visible to the naked eye when you get in a dark place with no nearby light pollution sources.

I still remember laying out in fields at night as a kid staring up at the stars. We lived out in the country near Chattanooga, Tennessee and each night around our house was a stargazers delight.

The Knoxville Observers astronomy club will present a short video starting at 8:45 pm followed by everyone going out into the parking lot by the Norris Dam State Park swimming pool and observing all the stars and planets.

A stargazing evening is fun for all ages and educational for the kids without them even knowing it, and best of all, it’s FREE, my most favorite price. ;-)

sky chart

So pack up the family, pack some snacks for the kids, and head on up to Norris Dam State Park this Saturday; I guarantee you that you will come away amazed at the sights you’ll see.

The Knoxville Observers will have several telescopes available to look at stars, planets, and the moon.

Seeing how red Mars actually is and observing the rings around the planet Saturn is a great experience for all, and seeing the Milky Way Galaxy for the first time is absolutely amazing; it’s like a river of stars flowing across the night skies.

Click here for directions to Norris Dam State Park; it’s only about a 20 minute drive from most parts of Knoxville and Knox County.

Good news about Knoxville, Tennessee real estate

Posted by Jim Lee, REALTOR® @ 11:45 am, July 7th, 2008  

Here’s some good news about Knoxville, Tennessee real estate 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:

  • 2007 – Expansion Management magazine named Knoxville one of “America’s 50 Hottest Cities,” cities that are best places to expand or relocate a business. Source: Expansion Management Magazine February 2007.
  • According to data just released by, median home prices are rising in 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.

The facts of the matter are this. There is no such thing as a “national real estate market”. The real estate markets in America are composed of hundreds of real estate markets each with different benefits, opportunities, inventories, price points, etc. Knoxville, Tennessee’s real estate market is no different (except ours is doing a lot better than some).

Here’s a great website to search all Knoxville area homes, condos, lots, & acreage for sale.