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Email Ed Parrott

Is waiting to buy you home a good idea?

Email Ed Parrott

Next Fed meeting is December 12th and 13th.

I delve into crucial topics including Fed meetings, target rate, and the 2024 outlook. What is the prediction on interest rates and how will the inventory crises and home prices be affected?

Email Ed Parrott

Fed FOMC meets on Oct 31st and Nov 1st.

Let's discuss the news from The Fed, factors affect the housing market, inflation, mortgage rates and more. Of note is the letter written to Fed Chairman Powell from the National Association of Realtors, National Home Builders Association and the Mortgage Bankers Association asking for relief from the high interest rates. Link for the Letter to the Fed: https://bit.ly/FedLetter

Email Ed Parrott

Fed funds unchanged after the Wednesday meeting.

What is the broader picture. Although the Fed Funds rate didn't change the market reacted with an increase in the bond yield and mortgage rates moved upward to just below the recent peak. Watch the video for the complete story.

Email Ed Parrott

As I discussed yesterday in my podcast Knoxville Real Estate Weekly.

Watch it here: https://youtu.be/gd0i4mRiZMg

Email Ed Parrott

Although Tennessee didn't make the top 10 on this list (In my opinion probably because of the much higher prices in Nashville) it's still a relative affordable situation in Knoxville. Here is another article specifically on Tennessee: https://bit.ly/Ed-knoxhomes

Email Ed Parrott

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Contact me any time you have a real estate question!

edparrott@kw.com
Cell Phone: 865 414-2452
Office phone: 865 862-8318

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