Knoxville Real Estate Market Report

The Knoxville Real Estate Market Report provides you with an in depth look at the current market in Knoxville and can give you great insight if you’re looking to secure a hard or private money loan. All data and statistics in the market report are updated monthly and are obtained from Local Market Monitor. We are providing this great tool for FREE to anyone in the Real Estate industry to assist you with determining where the best market in Knoxville is to purchase your next fix to flip or rental property. In the market report you can find the average home price in Knoxville and compare the population of the MSA areas within the state. Along with the average home price, you can also view the Single-Family Housing Permits statistics and the Multi-Family Housing Permit statistics.

A really great statistic that can be of value to you in determining where your next rental property purchase will be is the Current Monthly Rent amount, along with the Rent-Home price ratio and the Rent Forecast. These are three very valuable statistics that will allow you to be more knowledgeable about the Knoxville real estate market and allow you to be the most successful in building your investment portfolio.

Also available to you in the market report, is the percent of population growth, as well as the percent of the 12-month change. Another great data point that you can find on the market report is the unemployment rate along with the percent job growth within Knoxville.

BridgeWell Capital: Knoxville’s Hard Money Lender

TRUE Private Money! BridgeWell Capital is recognized as the #1 hard money lender in Knoxville. Hard money, also referred to as private money, is often used by real estate investors to quickly and easily fund their investment. Hard money is a convenient and reliable resource for investors because it provides immediate access to investment capital without the rigorous and painful approval process of conventional loans.

Our hard money lending programs are designed to satisfy the needs of Real Estate Investors in their buy-fix-sell projects, investment property refinances, rental home projects and rehab credit lines. Our private money lending program in Knoxville features a 5-minute pre-approval for Real Estate Investors; regardless of their credit score and whether they are self-employed. Real Estate Investors in Knoxville can now easily get the private money funding they need in 10 days or less.

One of the main benefits of our private money loan program is that it is the fastest and most hassle free way to obtain investment capital. A common problem for many Real Estate Investors in Knoxville is that they lack the private money they need to take advantage of the deals when they become available. It is no secret that there are great bargains in Knoxville’s Real Estate market. However, it takes immediate access to hard money to take advantage of these deals. BridgeWell is ready today to provide you with the direct access to the hard money you need to achieve success with your Real Estate investing goals. There is no better place than Knoxville and no better time than today to start investing!

How is BridgeWell Capital Unique from Other Hard Money Lenders in Knoxville?

• Consistent, Responsive and Reliable Service: At BridgeWell Capital we pride ourselves on providing unparalleled customer service. We walk you through the entire process, so you know exactly what to expect. If you have questions, your personal account executive is always available and ready to assist you. In fact, a strong percentage of our business comes from repeat customers. Simply put, once you’ve done business with BridgeWell Capital, you won’t go anywhere else for your real estate investment hard money loans. See our testimonials.
• Experience: With over 30 years of real estate investment experience, our management team sets industry standards, having successfully funded over USD$200MM in hard money loans for real estate investors.
• Support & Coaching: We strive to be more than just a source of private money for real estate investments. Our hard money loans are structured around win-win business relationships with our borrowers. We want you to be successful in your investments, so we provide you with all the support and real estate industry best practices you need to make smart, confident investment decisions. From rehab to rental, BridgeWell’s got Tennessee covered.
• Licensed Mortgage Lender: Unlike other hard money lenders in Tennessee, BridgeWell Capital is a fully-licensed and insured mortgage lender that’s A+ rated by the Better Business Bureau.
• Wide Service Area: We provide hard money loans throughout the greater Tennessee metropolitan area, including but not limited to; Memphis, Knoxville, Chattanooga, Hendersonville, Clarksville, Murfreesboro,. Franklin and Brentwood.

Take the next step, Get Started Now!

Why Invest in Knoxville’s Real Estate Market?

According to Zillow.com the typical home value of homes in Knoxville is $215,674. This value is seasonally adjusted and only includes the middle price tier of homes. Knoxville home values have gone up 9.3% over the past year and Zillow predicts they will rise 8.3% in the next year. Learn more at Zillow.com

Knoxville is one of the fastest growing cities in the state of Tennessee. Knoxville offers great opportunities for entrepreneurs looking to invest in Real Estate. Here are some positives of Knoxville’s Real Estate market:

• • High Inventory Levels: With plenty of inventory in all price ranges and the right conditions for homebuyers to find their dream homes, Real Estate Investors in Knoxville have a great opportunity to build wealth. However, as sales volumes increase rapidly, Real Estate Investors must quickly purchase their inventory. BridgeWell Capital’s private money loan programs can help investors gain their share in this market.
  • Low Mortgage Rates: Knoxville has ideal conditions for investors seeking to purchase Real Estate. Mortgage rates are still at their lowest levels since the 1960s. Low mortgage rates can help Real Estate Investors increase their purchasing power. If you are looking for the lowest rates in this market, look no further, BridgeWell Capital offers the lowest mortgage rates in the market.

According to Realtor.com in November 2020, the median list price of homes in Knoxville, TN was $239K, trending up 11.2% year-over-year. The median listing price per square foot was $134. The median sale price was $123K.

Tennessee’s Real Estate market offers great opportunities for investors. However, if you want to take full advantage you need to have the financial resources to get started. With our private money loans program you can gain access to these resources quickly and easily. Request Hard Money Now

At BridgeWell Capital, we encourage our borrowers to join the REIAs that best fit their needs. If none of these fit your expectations, there are more REIAs out there. So keep your eyes open.

Regardless of what REIA you join, BridgeWell Capital is ready to assist you in your financial needs with our private money loans program in Knoxville. For more information, feel free to call us at 615-285-8000 or request hard money today.