The most common question as of late is, "I've heard about what's happening in Real Estate in the national news. What's happening in the Knoxville Market?" These are the statistics directly from the Knox Area Assoc. of Realtors for sales of three bedroom homes.
We have really done well for appreciation rates with a 5.59% average annual increase from 2000 to 2007. We have had somewhat of a "correction" this year with a 0.667% decrease in value as of the end of the Second Quarter 2008.
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