Blog - Jason Strickland

Market Updates

Market Update: Powell, TN DEC 2023

Market Update: Powell, TN 37849 Hey there, buyers and sellers! Jason Strickland, your trusted REALTOR® from Wallace Real Estate, is here with the latest scoop on the housing market in Powell. Let’s dive into the numbers and trends for December 2023. Months Supply of Inventory: We currently have a healthy 1.47 months supply of inventory […]
Real Estate Insights

Why Mortgage Rates Could Continue To Decline

When delving into the housing market, one inevitably encounters discussions regarding inflation or recent policy decisions enacted by the Federal Reserve (the Fed). However, comprehending how these elements affect both your home-purchasing endeavors and personal circumstances is crucial. The Federal Funds Rate Hikes Have Stalled The Federal Reserve’s Efforts on Federal Funds Rate Adjustments A […]
Real Estate Insights

Interest Rates are dropping! Buying or Selling a home just got more affordable!

If interest rates follow the expected decrease in 2024, Americans might potentially see savings of around $300 monthly on their mortgage payments. In recent years, monthly mortgage payments for homebuyers have surged. Nevertheless, there seems to be a glimpse of financial relief on the horizon. People who have recently bought homes contend with […]
Knoxville Happenings

2023 DOWNTOWN PEPPERMINT TRAIL

Looking for something to do this weekend?! Check this out! OVERVIEW Follow the trail of peppermints on the sidewalks of Downtown Knoxville to discover all sorts of treats featuring the favorite red-and-white candy. From candy cane coffees at morning brunch to craft cocktails sipped by candlelight, you’ll find peppermint treats around almost […]

Market Updates Market Update: Powell, TN DEC 2023 Market Update: Powell, TN 37849 Hey there, buyers and sellers! Jason Strickland, your trusted REALTOR® from Wallace Real Estate, is here with the latest scoop on the housing market in Powell. Let’s dive into the numbers and trends for December 2023. Months Supply of Inventory: We currently have a healthy 1.47 months supply of inventory […]

Real Estate Insights Why Mortgage Rates Could Continue To Decline When delving into the housing market, one inevitably encounters discussions regarding inflation or recent policy decisions enacted by the Federal Reserve (the Fed). However, comprehending how these elements affect both your home-purchasing endeavors and personal circumstances is crucial. The Federal Funds Rate Hikes Have Stalled The Federal Reserve’s Efforts on Federal Funds Rate Adjustments A […]

Real Estate Insights Interest Rates are dropping! Buying or Selling a home just got more affordable! If interest rates follow the expected decrease in 2024, Americans might potentially see savings of around $300 monthly on their mortgage payments. In recent years, monthly mortgage payments for homebuyers have surged. Nevertheless, there seems to be a glimpse of financial relief on the horizon. People who have recently bought homes contend with […]

Knoxville Happenings 2023 DOWNTOWN PEPPERMINT TRAIL Looking for something to do this weekend?! Check this out! OVERVIEW Follow the trail of peppermints on the sidewalks of Downtown Knoxville to discover all sorts of treats featuring the favorite red-and-white candy. From candy cane coffees at morning brunch to craft cocktails sipped by candlelight, you’ll find peppermint treats around almost […]

Real Estate Tips & Tricks Essential Guidelines for FHA Inspections and Appraisals in 2023 FHA INSPECTION AND APPRAISAL GUIDELINES If you’re engaged in a home sale or purchase involving an FHA loan, being aware of the FHA inspection process is crucial. This comprehensive inspection, paid for by the buyer, goes beyond a typical appraisal. Understanding the Distinctions: FHA Inspection vs. Appraisal An FHA inspection delves deep into the home’s […]

Selling a Home Is it time to sell your Home? So, you’re at that crossroads—thinking about selling your home. And boy, it’s a big decision. You’re weighing up whether to dive into listing it yourself or to bring in a listing agent. Selling a home? It’s more than just sticking a ‘For Sale’ sign in the yard. There’s the inspection, getting everything in tip-top shape […]

Knoxville Happenings 2023 FANTASY OF TREES 2023 FANTASY OF TREES When: Nov. 22, 2023 – Nov. 26, 2023 Presented By: East Tennessee Children’s HospitalPrice: Adults – $10 Seniors (60+) – $8 Children (4-12) – $5 Children (3 and under) – Free Fantasy 4 Pack (Online Only) The beloved East Tennessee Children’s Hospital Fantasy of Trees, sponsored by Axle Logistics, is […]

Home buying 7 Steps to Homeownership Buying a house in Tennessee in 2023 can be tricky due to the unpredictable housing market. Whether you’re a first-time buyer or aiming for a strategic investment, successfully navigating this market requires knowledge and careful planning. In this blog, we’ll provide step-by-step instructions to make the process easier for you. Key Takeaways: Benefit from Declining […]

Real Estate Tips & Tricks Tax Ramifications of Gains from Selling Your Residence Many individuals selling their homes may find their profits are usually exempt from taxation, and some may not even need to report the sale to the IRS. However, certain exceptions exist, and understanding the rules for excluding profit from your taxable income can help minimize your tax liability. Do I Need to Pay Taxes on […]

Real Estate Tips & Tricks Housing market predictions for 2024 Curious about the U.S. housing market’s outlook for the next five years? The housing market is a dynamic and ever-evolving landscape, making precise predictions a challenging task. However, considering current trends and expert insights, we can anticipate a few significant developments in the near future. In this article, we will delve into housing market projections […]

Home buying Do I need or want it? Navigating the real estate market to find the ideal home that aligns with your budget can be a challenging endeavor. To streamline this process, creating a comprehensive checklist distinguishing between your home buying needs versus wants is paramount. This categorization of priorities will not only facilitate your search but also play a pivotal role in […]

Real Estate Tips & Tricks Market Update with Claudia Stallings Wallace Chief Operating Officer Claudia Stallings recently sat down with Don Dare, of Knoxville’s WATE 6 On Your Side, to share some insights about home sales in 2023 and what we can expect for the housing market moving forward. We know much has changed over the past three years regarding home values. Stallings’ report outlines […]

Real Estate Investment 5 Ways to Invest in Real Estate When looking for investment options, there are many choices for where to put your money. Stocks, bonds, exchange-traded funds, mutual funds, and real estate are all good investments no matter what level of experience you have; forex or cryptocurrency may be too volatile for beginning investors. Which option you choose will depend on how involved […]

Home buying 14 First time home buyer tips you don’t want to miss! It’s exciting — and a little scary — to think about buying your first home. Even when you know you’re ready to buy a house, you might not be sure where to begin. These tips for first-time home buyers will help you navigate the process from start to finish. Preparing to buy tips: You can […]

Home buying Your Comprehensive Guide to a Successful Home Purchase in Tennessee for 2023 How to Successfully Buy a House in Tennessee in 2023 Buying a house in Tennessee in 2023 can be an exciting yet challenging endeavor. Whether you’re a first-time buyer or looking to make a strategic real estate investment, navigating the ever-changing housing market requires knowledge and meticulous planning. In this comprehensive guide, we will walk […]

Home buying A Comprehensive Guide for First-Time Home Buyers in Knoxville, TN Are you a first-time home buyer in Knoxville, Tennessee, looking for valuable insights and tips to ensure a smooth and successful home purchase? I’ve got you covered. In this extensive guide, I’ll walk you through the essential steps, from pre-qualification to making an informed decision, while emphasizing commonly searched keyphrases to enhance your understanding. 1. […]

Selling a Home Navigating the Challenging 2023 Real Estate Market: Top Tips for Selling Your Home In the midst of a challenging real estate market in 2023, with persistently high interest rates and ever-evolving local market conditions, selling your home can feel like a daunting task. The constant stream of advice from friends, family, and neighbors can leave you feeling overwhelmed and unsure of the right approach. To provide you with […]

Real Estate Tips & Tricks 10 Reasons Why I’m Your Ideal Real Estate Partner Extensive Experience: With over 8 years in the real estate business, I bring a wealth of knowledge and expertise. Not only do I have the knowledge, I have the Passion and drive which is something that can’t be taught. I absolutely LOVE what I do and helping people, so my focus is always on YOU! […]

Selling a Home Selling Your Home: A Comprehensive Guide Selling your home can be a challenging and time-consuming endeavor, one that often evokes a rollercoaster of emotions. Inviting strangers to inspect your personal space, enduring their criticisms, and accepting offers that may not meet your expectations can be emotionally taxing. However, navigating this process successfully requires a business-like approach. In this comprehensive guide, we […]

Real Estate Tips & Tricks Top 9 East Tn Neighborhoods for a Great Living Experience Introduction: If you’re considering a move to Knoxville, Tennessee, you’re in for a treat. This vibrant city offers a wide array of neighborhoods, each with its own unique charm and amenities. From the lively downtown scene to historic residential areas, Knoxville has something for everyone. In this comprehensive guide, we’ll explore some of the best […]

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