Want to buy a house in Knoxville? Here’s how to compete with out-of-state cash buyers

in Real Estate

The coronavirus pandemic changed a lot: More people are working from home, families want to optimize their down time and everyone is craving great outdoor living areas.

Need a bigger house to accomplish all that? It’s complicated right now, Laura Slyman, owner of Slyman Real Estate, told Knox News.

There is a shortage of available homes in Knoxville’s sizzling real estate market, and homes with amenities like pools and home offices are even more rare.

Because of the steep competition to buy a house, local and out-of-state buyers are purchasing properties almost immediately after they’re listed. And buyers are often paying well over the asking price to seal the deal.

Continue Reading on knox news.

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