Rob Howard

When is it good news that home "values" are decreasing in your area? When they are decreasing a lot more elsewhere, I suppose. According to a recent report from Zillow.com, Knoxville Tennessee home values have decreased a little over 2% in the first quarter of this year - that is compared to 14.1% nationally.

Knoxville is known as a linear market, where overall effects are less whether it's the "irrational exuberance" touted by Allen Greenspan in the 1990s when our properties were increasing by around 3%-5% annually as opposed to major market 20% jumps. Now when things are not so rosy in those other areas, Knoxville is noticing a small dip.

Anecdotally, I have noticed an increased number of contacts from people moving in-land from those areas with more cyclical markets, probably contributing to a lower price decrease in this area.

For more information on the Zillow report, check out: http://www.zillow.com/reports/RealEstateMarketReports.htm?city=KnoxvilleTN

I am pretty much a veteran realtor at this point. I'm a broker, have hundreds of sales under my belt and all the resume stuff that we all work toward. But I want to know how others are finding the virtual tour as a marketing tool. A friend of mine does tours here locally. I'd definitely use him: knoxtours.net but the question remains - is it worth the money to add it on? Will it increase the number of listings I get, increase the likelihood of a successful sale and all that.

Thanks!

Rob

I just posted a new piece on my blog - one of those crazy things realtors see in rental homes that are for sale. Check it out on I Love Knoxville!

Have a great day!

I think I'm guilty of something serious - over-availability! Any day at any time you or anyone else in the world can contact me. The phone number, the e-mail address, URLs, all that stuff has my details right there. "Call me," It begs. Is this every realtor? Do I throw out business cards like a fool and his money, I post on Facebook, Myspace, it's attached to every e-mail I send, I TWITTER! I In fact: Here's a list...

Web: http://www.robsellsknoxville.com

Blog: http://robsellsknoxville.blogspot.com

Photo Blog: http://www.imallovertown.com

E-mail: robsellsknoxville@gmail.com

Phone: 865-385-9070

Twitter: robknoxville

Facebook:http://www.facebook.com/people/Rob-Howard/715153819

Myspace: http://www.myspace.com/robsellsknoxville

I know there are more. But I think this might just be enough!