Knoxville Real Estate | Looking Beyond the Market for Real Estate Advice

Knoxville real estate has long been a barometer for the rest of Tennessee. But now, in the recession, the city is behaving out of character. One day things might look promising; the next, not so good. With the rest of the state looking for guidance, it is easy to see how many realtors are concerned. But the truth is the market is trying to work itself out. It is vulnerable to the economy. It is aggressive in its method. And it will not go away. Gently. So, the big question is when and how the market will recover, not if it will recover. “Why do birds sing so gay? And lovers await the break of the day. Why do they fall in love?� wondered Frankie Lymon and the Teenagers in February 1956. For them it was a Top Ten hit. I’ve had several calls this spring with similar queries about singing birds. Generally, the callers want to know why are they singing so much, even at night or predawn. It’s just that time of the year and there’s a mad rush to possess real estate. It’s like the great Oklahoma Land Rush of 1889. Grab it. Claim it. Defend it. Although both male and female birds have vocalizations that help them communicate with each other, the male birds have the long, sometimes even elaborate songs. With only a few exceptions, the males are the real singers. But why? Principally, in the spring, male birds do not fight over the females; they fight over territory. After they have chosen a space, they define its boundaries by singing from various locations within it. They really do not mind if another species of bird passes through or even lives there, but if one of their kind intrudes, they are incensed. A male robin sings loudly and often to deter other male robins from entering its domain. It really does not care if a male sparrow moves into its tree.  The most experienced males claim the best territory, and each species requires a different amount of real estate to call home. Secondly, a male sings to attract a female, to draw attention to himself. A male Carolina wren sings with gusto. He’s confident, even emphatic! “Choose me,� he proclaims. “I am the best!�  Just like TV’s “American Idol,� the better the male sings, the more he gets noticed. A female listens to the songs, inspects the various singers’ claimed territories, and then decides which would make the best mate. That’s why it’s important for him to claim the most bountiful, richest homeland he can defend. If the male is having trouble attracting a mate, it may have to sing longer and longer, perhaps all day, even at night. So there you have it, real estate in Knoxville is on the verge. It could go one way or another. But for savvy investors with the right credit, capital and security, plenty of lucrative deals are still available.