Knoxville housing market has stayed relatively healthy. Appreciation never hit wild double digits like other places so home prices won't come falling down like other places. Knoxville is still experiencing population growth and is forecasted to appreciate 1.2% in 2008.
Tennessee is one of the fastest growing, most-exclusive, emerging markets in the United States. The mild climate provides all the natural drama of the four seasons while providing a safe haven from extreme temperatures and devastating hurricanes.
No state income tax; the actual cost of living is 14% below the national average. Middle Tennessee is attracting big business's eye, many major companies have moved their headquarters into the area. Also, Volkswagen has recently decided to build an automobile assembly plant in Chattanooga. Tennessee is a day's drive of 75% of the nations population and their attractive cost of living is not a secret that can be kept much longer. |