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Today, I'd like to take you to visit West Hills Knoxville, TN. This is an established, mid-century subdivision in West Knoxville. West Hills is located across from West Town Mall, borders along Kingston Pike to the south, Middlebrook Pike to the north, just west of New Weisgarber Road to the east and Gallaher View Road to the west.
The West Hills Community Association has been an active part of the community for 30 years. Addressing quality of life issues to zoning issues, the WHCA works hard to keep the neighborhood safe and appealing for it's residents.
While West Hills is convenient to shopping, eating and commuting, it also has playtime. The West Side Family YMCA is found within the John Bynon/West Hill Park, and includes baseball, basketball, tennis, playground venues. As an added bonus, the Jean Teague Greenway cuts through the park, but connects to other parts of the Greenways.
Let's look at the October market report* for West Hills.
There are currently 13 properties on the market.
Most Expensive listing: $1,495,000
Least Expensive listing: $129,900
Average Price: $346,914.00
Median Price: $230,000
There were no sold units in West Hills for October 2011.
West Hills sold units 3RD Quarter (2011/2010): 10/11 sold units
Most expensive sold: $269,000/$693,500
Least expensive sold: $82,000/$124,000
Average closed price: $173,180/$243,027
Median closed price: $159,200/$177,000
West Hills is generally a sought after neighborhood for it's quietness, community, and convenience. If you are interested in viewing any of the available properties, please don't hesitate to contact me.
*All data taken from Knoxville Area Association of Realtors on 10/31/2011 and does not reflect condos, PUDs, lots & acreage, or commercial properties
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I was interviewed yesterday about the state of the greater Knoxville, Tennessee real estate market by Hana Kim, one of my favorite local reporters.
Below is a graph I made comparing this January just past to previous Januarys.

And here's the story:
By HANA KIM
6 News Reporter
KNOXVILLE (WATE) - The housing market in East Tennessee hasn't been hit as hard as some of the other cities these past few years.
In fact, new numbers indicate a recent uptick.
A total of 588 home were sold in the greater Knoxville area in January. That's 90 more homes sold compared to the same month last year.
"I hear a lot of people saying that their activities have increased and that they are showing a lot of people houses. I've started off to a good year so far," said realtor Jim Lee of Realty Executives Associates.
For realtors like Lee, every sale counts, especially in these economic hard times.
"What really is the problem is the high unemployment rate. Even if you could get a house for $50,000, if you don't have a job you're not going to qualify for a loan, so your probably not going to buy a house," said Lee.
That's why he is grateful for the government's extension of the first time home buyers tax credit.
"I believe it's probably driving at least 30 to 40 percent of our market," said Lee.
Lee says most potential buyers are interested in properties that are $150,000 or less. Most are interested in single family homes, rather than condos or townhouses.
The tax credit is set to end April 30, leaving many to speculate about how that will affect overall sales for the year.
"It's going to be interesting to see what happens," said Lee.
If Lee could make a bet, he says, the market will be volatile.
"I think we are going to see a modest increase this year and interest rates remain historically low,"said Lee.
In the greater Knoxville area, more than 3,600 homes are up for sale and a little more than 1,000 condos are listed.
That level of inventory is normal for this area.
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No matter which side of the arguement you come down on; the facts are that lots of Tennessee home buyers are using the $8,000 tax credit to buy a new home with.
A recent release by the Internal Revenue Service (IRS) showed that Tennessee was 13th in the nation in buyers that have already claimed or filed for the 8K credit.
That program ends on November 30th of 2009 and I'm very curious to see what effect it will have on our market. Buyers I've worked with and had contact with this year seem to be much more deliberate and willing to let the price come to them than ever before. I suppose that is a byproduct of the current recession we're in.

I wonder what this graph will look like in December & January after the tax credit goes away?
There's lots of talk in the real estate community about whether the credit will be extended past the existing deadline and it's still anyone's guess what will happen. My personal belief is that the fed is going to let it expire and see what happens.
Buyers can now actually claim next year's tax credit this year by filing an amended tax return (most any CPA will do one for about a hundred bucks) on your 2008 return via a special option the IRS has created.
"Qualifying taxpayers who buy a home this year before Dec. 1 can get up to $8,000, or $4,000 for married filing separately.
“For first-time homebuyers this year, this special feature can put money in their pockets right now rather than waiting another year to claim the tax credit," said IRS Commissioner Doug Shulman. “This important change gives qualifying homebuyers cash they do not have to pay back.”
If you're thinking of buying there's still time to get in under the wire but I advise you to call me as soon as possible and let's get started finding you a new home.
www.KnoxvilleHomeCenter.com is a great place to start.
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One of the many great things about living in the Knoxville, Tennessee area is it's close proximity to the Great Smoky Mountains National Park.
There are many very scenic and beautiful sections of the park but one of my special favorites is Cades Cove. Going from Knoxville through Maryville and Townsend to the Cove is about a 40 mile drive but because of the narrow, windy roads in the park allow about an hour for the drive one way.
"The Cove" as it's known to local folks was originally a pioneer settlement first homesteaded by John and Luraney Oliver around 1818. The Olivers and their descendants lived in the Cove until the Park was established in 1934.
Cades Cove is a very special place to me for a personal reason as well. My lovely wife Charlotte and I were married here almost 20 years ago. We had a very simple ceremony back in the woods beside Elijah Oliver's cabin one frosty February morning. In attendance were our minister, one witness, and about 20 deer who dropped by to see what was going on.
A lot of the original buildings have been preserved by the national park service to illustrate how life was back in those days. One of the very enjoyable things you can do in the Cove is to ride your bike around the 11 mile loop road that circles this scenic valley.

This past Saturday I took my bike up to the Cove and set off about 8:00 am to ride the loop. I got a bit later start than usual and there were lots of other bikers either on the road already or getting ready to go. There are also usually quite a few walkers and some runners as well; no exception today.
It's a great ride with several pretty good pulls up hills that get your heart pumping. Since it's getting pretty close to fall I saw several bears up in Oak trees stuffing themselves with Acorns in preparation for going into hibernation soon.

This looked to be a pretty young bear. He was busy stuffing food into his mouth and oblivious to everyone below his tree watching and taking pictures.
The Cove also abounds with lots of deer and it's not unusual to see as many as 100 or more during your tour.

This little spike buck just looked like he stopped and posed for my camera. Wildlife in Cades Cove are very used to visitors and it's usually easy to get some terrific photos of bear, deer, wild turkey, and other wildlife.
One cautionary note; these are wild animals and there are no bars between you and them like in the zoo. This is also their home; you are the visitor so please respect them, don't try to get too close, and above all else DO NOT try to feed them or touch them. It is against the law and the park rangers will cite you or arrest you on the spot if they see you. It also does harm to the animals by teaching them to go to humans for food instead of finding it on their own as nature intended.
Here's another shot of some Cades Cove deer having breakfast. This photo is from a previous visit.

If you're visiting, the Cades Store has a bike rental for you. $4.00 an hour for coaster bikes and $6.00 for geared models. I highly recommend the geared models for an extra two bucks unless your name is Lance Armstrong.
Riding the loop road takes anywhere from 2-4 hours depending on your fitness level and how much sightseeing you do along the way. I recommend taking your time and enjoying all the Cove has to offer.
If your time is short there are also two roads, Hyatt and Sparks Lanes, you can cut through the middle of the Cove and finish much quicker.
From early May until late September the Cove loop road is closed to vehicles on Wednesday and Saturdays until 10:00 am. I strongly suggest planning your ride during these times especially on Wednesdays if you can arrange your schedule.
Cades Cove is a very, very popular destination and the loop road is typically clogged with vehicles especially during the summer and a bear sighting brings all traffic to a halt.
We usually try to hit the road on Wednesdays just at first light. That's the time the most animals are out feeding and the crowds are almost nonexistent then.
Enjoy your ride, take along plenty of water, stop and enjoy the views often; I guarantee it's a ride you will remember for years to come.
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IN CONGRESS, JULY 4, 1776
The unanimous Declaration of the thirteen united States of America
When in the Course of human events it becomes necessary for one people to dissolve the political bands which have connected them with another and to assume among the powers of the earth, the separate and equal station to which the Laws of Nature and of Nature's God entitle them, a decent respect to the opinions of mankind requires that they should declare the causes which impel them to the separation.
We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty and the pursuit of Happiness. —
That to secure these rights, Governments are instituted among Men, deriving their just powers from the consent of the governed, — That whenever any Form of Government becomes destructive of these ends, it is the Right of the People to alter or to abolish it, and to institute new Government, laying its foundation on such principles and organizing its powers in such form, as to them shall seem most likely to effect their Safety and Happiness. Prudence, indeed, will dictate that Governments long established should not be changed for light and transient causes; and accordingly all experience hath shewn that mankind are more disposed to suffer, while evils are sufferable than to right themselves by abolishing the forms to which they are accustomed. But when a long train of abuses and usurpations, pursuing invariably the same Object evinces a design to reduce them under absolute Despotism, it is their right, it is their duty, to throw off such Government, and to provide new Guards for their future security. —
Such has been the patient sufferance of these Colonies; and such is now the necessity which constrains them to alter their former Systems of Government. The history of the present King of Great Britain is a history of repeated injuries and usurpations, all having in direct object the establishment of an absolute Tyranny over these States. To prove this, let Facts be submitted to a candid world.
In every stage of these Oppressions We have Petitioned for Redress in the most humble terms: Our repeated Petitions have been answered only by repeated injury.
A Prince, whose character is thus marked by every act which may define a Tyrant, is unfit to be the ruler of a free people. Nor have We been wanting in attentions to our British brethren.
We have warned them from time to time of attempts by their legislature to extend an unwarrantable jurisdiction over us.
We have reminded them of the circumstances of our emigration and settlement here. We have appealed to their native justice and magnanimity, and we have conjured them by the ties of our common kindred to disavow these usurpations, which would inevitably interrupt our connections and correspondence. They too have been deaf to the voice of justice and of consanguinity.
We must, therefore, acquiesce in the necessity, which denounces our Separation, and hold them, as we hold the rest of mankind, Enemies in War, in Peace Friends.
We, therefore, the Representatives of the united States of America, in General Congress, Assembled, appealing to the Supreme Judge of the world for the rectitude of our intentions, do, in the Name, and by Authority of the good People of these Colonies, solemnly publish and declare, That these united Colonies are, and of Right ought to be Free and Independent States, that they are Absolved from all Allegiance to the British Crown, and that all political connection between them and the State of Great Britain, is and ought to be totally dissolved; and that as Free and Independent States, they have full Power to levy War, conclude Peace, contract Alliances, establish Commerce, and to do all other Acts and Things which Independent States may of right do.
— And for the support of this Declaration, with a firm reliance on the protection of Divine Providence, we mutually pledge to each other our Lives, our Fortunes, and our sacred Honor.
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