10 Things First-Time Buyers Should Know About Knoxville’s Housing Market
Jun 28, 2024
Understanding the Local Market Dynamics
Knoxville, Tennessee, offers a unique blend of urban and suburban living, making it an attractive option for first-time homebuyers. Understanding the local market dynamics is crucial for making informed decisions.
1. Real-Time Data Access
Goliath Data provides real-time seller data updated hourly, ensuring you have the most current information when making purchasing decisions. This feature helps you stay ahead in a competitive market.
2. Motivated Sellers
Identifying motivated sellers is key to securing a good deal. Goliath uses AI and seller intent signals to help you connect with sellers who are ready to make a move, reducing the time spent on unproductive leads.
Financing and Budgeting
Understanding your financial capacity and the available financing options is essential for first-time buyers.
3. Filter by Price and Value
Goliath allows you to filter properties by price point and estimated value, helping you find homes that fit your budget and financial goals.
4. Equity and Interest Rates
With Goliath, you can filter properties by estimated equity percentage and current or estimated interest rates, providing insights into the financial health of potential purchases.
Location and Property Features
Choosing the right location and property features can significantly impact your living experience and investment value.
5. Location-Based Filtering
Goliath's filtering capabilities allow you to search by city and ZIP code, ensuring you find properties in your desired neighborhood.
6. Property Attributes
Filter your search by property attributes such as the number of bedrooms, bathrooms, property type, year built, and lot size to match your specific needs.
Market Trends and Seller Insights
Staying informed about market trends and seller insights can give you a competitive edge.
7. Seller Intent Score
Goliath's Seller Intent Score helps you prioritize leads by assessing the likelihood of a seller's readiness to engage, allowing you to focus on high-potential opportunities.
8. Life and Financial Signals
Goliath tracks life events and financial signals, such as distress indicators, to provide a comprehensive view of the seller's situation, enhancing your negotiation strategy.
Streamlining the Buying Process
Efficiently managing your buying process can save time and reduce stress.
9. Automated Outreach and Follow-Ups
Goliath offers automated follow-ups and drip actions to keep communication with potential sellers active, ensuring no opportunity slips through the cracks.
10. Instant Property Insights
Access instant property insights, including property records, tax information, and last sale dates, to make informed decisions quickly.