Sevier County, Tennessee Real Estate News : Smoky Mountain Blog

Where does Tennessee Rank? Americans everywhere are feeling the recession's pain - some more than others. Tennessee is at the lower part of the spectrum for most foreclosures with Florida being the highest and Las Vegas, Nevada not far behind. Find out more at money.cnn.com.

NEW YORK (CNNMoney.com) -- Don't say we didn't warn you. In January 2006, CNNMoney published a ranking of 299 U.S. housing markets, showing where home prices were most overvalued. Little was undervalued: Real estate was white-hot and prices were at or near what later proved to be their tops.A total of 213 cities were overpriced, and Naples, Fla., was deemed the most insane,...

NASHVILLE — A new law that went into effect Nov. 6 extends the first-time homebuyer credit five months and expands the eligibility requirements for purchasers.The Worker, Homeownership, and Business Assistance Act of 2009 extends the deadline for qualifying home purchases from Nov. 30, 2009, to April 30, 2010. Additionally, if a buyer enters into a binding contract by April 30, 2010, the buyer has until June 30, 2010, to settle on the purchase.
The maximum credit amount remains...

WASHINGTON — People can now weatherize their homes and be rewarded for their efforts. According to the Internal Revenue Service, homeowners making energy-saving improvements this fall can cut their winter heating bills and lower their 2009 tax bill as well. The American Recovery and Reinvestment Act (Recovery Act), enacted earlier this year, expanded two home energy tax credits: the nonbusiness energy property credit and the residential energy efficient property credit.