Looking for land in the heart of Johnson City instead of way out in the country? This is it 👀🌄 2200 Hicks RD, Johnson City, TN 37604 1-acre R-3 lot with a powered 1,200 sq ft garage/workshop – a rare find this close to everything. Highlights buyers in the Tri-Cities love: • Minutes to ETSU, hospitals, and downtown • R-3 zoning offers flexible use options (single-family or multifamily possibilities) • Public water, sewer, and electric available • Existing detached garage/workshop for storage, cars, or a serious hobby space • Deeded right-of-way access to Hicks Road If you’ve been waiting for the right in-town lot to build, invest, or develop, this could be your green light ✅ Get full property info and photos: https://www.tricities.homes/d8r6q9ws Message or email Tri-Cities real estate pro Jay Cottrell at jay.cottrell@lptrealty.com to discuss your plans for this property.

Mortgage rates aren’t random. They’re affected by 2 numbers. The 10-year treasury yield and something called "the spread." That's the gap between the 10-year treasury yield and mortgage rates, and it usually sits around 1.76 percentage points. Back in 2023, the gap in the spread ballooned up to 3.19 in response to economic uncertainty. If it were still that wide today, rates would be pushing almost 8%. But the good news is the gap has narrowed to 2.01 (a lot closer to the long-term norm). And that’s a big positive for rates. It’s why today’s mortgage rate is in the upper 6s instead of touching 8%. Here's the part a lot of people miss. Where rates are right now are already pretty close to what a totally normal spread would produce – a mortgage rate around 6.5%. In other words, the fact that the spread has narrowed in recent years has helped mortgage rates. Sure, they’re still higher than you may want, but it could be worse. Wondering if buying now still makes sense with rates like this? Send me a message and let's break it down. #MortgageRates #HousingMarket

Your multi-generational-friendly, or simply larger-than-average, house might meet criteria a lot of buyers can't find in a standard one. That's what gets attention. And offers. So, let’s chat about what it could get you in our market right now. #MultiGenerationalHome

That’s the trade-off with a narrowing spread. Rates may not be where you want them, but they're better than they could've been. If you want help figuring out what that means for your monthly payment, reach out to a local lender #MortgageRates #HousingMarket

This market isn’t one-size-fits-all. If you're wondering who has the upper hand where we live, let's talk. I'll show you exactly what the numbers look like in our market – and what strategy gives you the best shot at getting what you want. #HousingMarket #RealEstateAdvice

Picture a vacation home of your own. Somewhere to get away whenever you need to. Where you’ll build memories with the people you love, year after year. And maybe even where you’ll retire someday. That getaway may cost less than you think – more than 37% of vacation-home sellers have cut their asking price recently. Ready to see what’s available? Let’s connect. #Homebuying #VacationHomes

Picture it. A getaway that’s all yours, where you’ll build memories with your loved ones year after year. And maybe even retire someday? A vacation home of your own might be more within reach than you think. Nearly 40% of vacation-home sellers have lowered their asking price recently. That place you’re imagining? DM, and let’s talk about what’s available there. #VacationHomes #HomeBuyingTips

Repeat buyers, you’ve got a big leg up on your next move. It’s your equity, the difference between what your house is worth and what you still owe on your mortgage. Sell, and that equity turns into cash you can roll right into your next down payment. That’s how a lot of repeat buyers put down 20% or more. But why do they, especially when they don’t necessarily have to? Because putting more down saves you money in the long run. A bigger down payment means a smaller loan, so your monthly payment is lower and you’re paying less interest over time. You can also skip private mortgage insurance, or PMI, which is an additional monthly fee required for loans with less than 20% down. Talk to a trusted lender to figure out what down payment makes the most sense for your budget. And when you’re ready to kick start your move, let’s talk. #DownPayment #HomeBuyingTips