Jay Cottrell's Blog Posts

First things first, mortgage rates. Mortgage rates have become a hot topic recently, which is quite interesting because, historically, they weren't a significant consideration for homebuyers and

As we delve into the local real estate market of the Tri-Cities region spanning Tennessee and Virginia, April 2023 reveals an interesting blend of statistics. With a substantial increase in the

Since the 2008 housing bubble burst, the word recession strikes a stronger emotional chord than it ever did before. And while there’s some debate around whether we’re officially in a

Today’s housing market is different than it was just a few months ago. And if you’re thinking about selling your house, that may leave you wondering what you need to do

If recent headlines about the housing market cooling and buyer demand moderating have you worried you’ve missed your chance to sell, here’s what you need to know. Buyer demand

It’s clear the 2022 housing market has been defined by rising mortgage rates. With rates on the rise, it’s also become more costly to purchase a home. According to the National

Should I Sell My House This Year?There’s no denying the housing market is undergoing a shift this season as buyer demand slows and the number of homes for sale grows. But that

What’s Actually Happening with Home Prices Today?One of the biggest questions people are asking right now is: what’s happening with home prices? There are headlines about ongoing

Why Today’s Housing Inventory Proves the Market Isn’t Headed for a CrashWhether or not you owned a home in 2008, you likely remember the housing crash that took place back then. And news

What Sellers Need To Know in Today’s Housing MarketIf you’re thinking about selling your house, you may have heard about the housing market slowing down in recent months. While it

3 Tips for Buying a Home TodayIf you put off your home search at any point over the past two years, you may want to consider picking it back up based on today’s housing market conditions.

What Would a Recession Mean for the Housing Market?According to a recent survey from the Wall Street Journal, the percentage of economists who believe we’ll see a recession in

Why It’s Still a Sellers’ MarketAs there’s more and more talk about the real estate market cooling off from the peak frenzy it saw during the pandemic, you may be

Buying a Home May Make More Financial Sense Than Renting OneIf rising home prices leave you wondering if it makes more sense to rent or buy a home in today’s housing market, consider

3 Graphs To Show This Isn’t a Housing BubbleWith all the headlines and buzz in the media, some consumers believe the market is in a housing bubble. As the housing market shifts, you

A Real Estate Professional Helps You Separate Fact from FictionIf you’re following the news, chances are you’ve seen or heard some headlines about the housing market that don’t

Has the market heated up again? Find out in today’s market.

Have we seen a turn in the market? Watch to find.

How To Approach Rising Mortgage Rates as a BuyerIn the last few weeks, the average 30-year fixed mortgage rate from Freddie Mac inched up to 5%. While that news may have you questioning

Quick Market update for this!

First of a new monthly series covering the real estate market data, future predictions, and opinions from the.

Since the number of homes for sale is low today, it can feel challenging to find one that checks all your boxes. But if you know which features are absolutely essential in your next home

When it comes to buying a home, it can feel a bit intimidating to know how much you need to save and where to find that information. But you should know, you’re not expected to have all

Today I try to answer a question I hear a lot lately...When will this housing market bust? You may not like my...

Another crazy week in real estate. Another drop in inventory levels for the Appalachian.

Up-to-day real estate market information for the Northeast Tennessee area. Continuing low inventory of homes for sale, however, vacant land is a bit of a different.

Purchasing a home is arguably one of the biggest financial decisions you will make in your lifetime. As you start your hunt, don't forget there will be other costs associated with your purchase than

How To Hit Your Homebuying Goals This Year [INFOGRAPHIC]Some HighlightsIf you’re looking to buy a home, you may want to put these items on your to-do list to ensure you hit your goals.It

If your goal is to purchase a home this year, you might be looking for any advantage you can get in today’s sellers’ market. While competition is still fierce for homebuyers, there are

In today’s housing market, the number of homes for sale is much lower than the strong buyer demand. As a result, homeowners ready to sell have a significant advantage. Here are

Important Distinction: Homes Are Less Affordable, Not UnaffordableIt’s impossible to research the subject of buying a home without coming across a headline declaring that the fall in home

Why 2021 Is Still the Year To Sell Your HouseIf you’re trying to decide whether or not to sell your house, this is the time to think seriously about making a move. Fannie 

Over the past year, many homeowners realized what they need in a home is changing, especially with the rise in remote work. If you’re longing for a dedicated home office or a change in,

When stay-at-home mandates were enforced last year, many households realized their homes didn’t really fulfill their new lifestyle needs. An office (in some cases two), a media room, space for

Provided by: KeepingCurrentMatters.comHome values appreciated by about ten percent in 2020, and they’re forecast to appreciate by about five percent this year. This has some voicing concern

Once you’ve found the right home and applied for a mortgage, there are some key things to keep in mind before you close. You’re undoubtedly excited about the opportunity to decorate your

Whether you work full-time at home or occasionally need to conduct business in the evenings or on the weekends, a home office a great way to utilize an extra room. A dedicated workspace in your home

There are many benefits to working with a real estate professional when selling your house. During challenging times, like what we face today, it becomes even more important to have an expert you

Most of the country is currently experiencing a hot real estate market, also known as a deep seller’s market. Yes, even in the midst of the coronavirus.  Our local market here in the Tri

Hardwood floors are highly desirable for most homeowners, but they come with their share of challenges when it comes to cleaning, maintenance, and repairs. After a few months or years of heavy use

The Home Buying ProcessThe Buyer's AdvantageAs the home buyer, your agent's commission is paid by the seller of the home in almost all circumstances.  This means your representation costs you

When purchasing a new home, it’s important to do in-depth research on all facets of the homebuying process. One thing you’ll need to understand is how to best protect yourself and your

Selling your home can be a stressful experience, however these 6 Tips can help de-stress it for you.Meet with your trusted real estate agentYour agent can save you a lot of time and energy by

Unfortunately, our homes don’t always grow with us. What may have initially worked fine for a single person, a young couple’s starter home, or a family with a newborn can quickly become