NORRIS LAKE RESOURCE CENTER

Is it the warm winter?  The low mortgage rates?  The beautiful weather?  We don't know for sure -  but real estate agents are scrambling to keep up with the demand.  Buyers report that they can purchase a lakefront or lakeview home now for less than it would take them to purchase a lot and build a home.  Home ...

A December survey by Campbell Inside Mortgage Finance found that cash buyers are driving down home prices, with investors accounting for one out of three transactions last month. Nearly three-quarters of investor home purchases for the month were all-cash transactions. The poll also determined that cash buyers were able to make purchases at much ...

[photo:listing:52625189] • 1,056 sq. ft., 2 bath, 3 bdrm single story - MLS® $79,900 - Near 2 marinas Sharps Chapel, Union County  -  PRICED LOW FOR QUICK SALE. Site-built, 8-year old ranch home at end of cul-de-sac on one-lane county road - perfect 1st home, retirement home or potential rental property. Close to Route ...

Freddie Mac reports that the 30-year fixed mortgage rate fell to a new low this past week, averaging 3.88 percent, which is down a notch from 3.89 percent a week earlier! The benchmark rate has been below 4 percent for seven straight weeks. Meanwhile, the average interest on 15-year loans bumped up to 3.17 percent from 3.16 percent last week. ...

Builder confidence in the market for newly built, single-family homes continued to climb for a fourth consecutive month in January, rising four points to 25 on the NAHB/Wells Fargo Housing Market Index (HMI), released today. This is the highest level the index has attained since June of 2007. "Builder confidence has now risen four months in ...

During most of the winter, Norris Lake levels were above the typical winter pool levels of 995 feet above sea level.  This was primarily because of the heavy fall rains here and parts north of us.  But towards the end of winter and just before spring, the levels did go down for a short period.  We are now about 10 feet below the ...

Slowly  waking up with a cup of coffee and Headline News, I was staring out the window when I noticed a raptor of some sort flying over the lake.  Thought at first it was a vulture, but the white head and white tipped wings gave it away as one of the Bald Eagles.  He was dipping down to the lake, flying up high, dipping down to the ...

As I watch the news of mudslides, wildfires, earthquakes, tusnamis and other natural disasters, I feel blessed that we don't have those challenges in our lives here. While there have been earthquakes in TN, they are few and far between. According the the US Geological Servuce, the western part of Tennessee (500 miles from Norris Lake) was ...

 If you are considering property on or near Norris Lake TN, then I would like to strongly encourage  you to come to the lake now!  Until the leaves start coming back in the spring, this is the PERFECT time to appreciate the view from any property as well as get an idea of which trees would need to be cut to open up that ...

Many of the calls and emails I get lately have to do with marketing people have received about great deals on properties in Emerald Bay.  Primarily, folks want to know where this community is located and what the back story is. Several years ago, Steve Jones developed Hickory Point (also seen spelled as Hickory Pointe) off route 170 in ...