Knoxville, TN (PRWEB) January 21, 2011
Knoxville and its nearby areas remain one of the country’s best places to live, work and launch a business, reports the local real estate expert Vickie Bailey. The team, which is composed of seasoned Realtors® Chuck and Vickie Bailey, keeps tabs on the Knoxville metro area’s latest developments and cites the recent push for alternative energy innovation, as well as the low cost of living and the relatively affordable prices of Knoxville, TN, real estate for sale as some of the main factors behind the region’s continuing growth.
“While Knoxville has not been immune to the effects of the recession, it has been weathering recent market trends better than many other areas in the country,” says Chuck Bailey. “Knoxville has a tremendous potential for growth due primarily to efforts currently being made to turn the Knoxville-Oak Ridge area into a center for alternative energy research and development in the region.”
“While home values and the demand for homes for sale in Knoxville may take a while to recover, we are confident that the future remains bright for the Marble City,” adds Vickie Bailey. “The past decade has seen a great many positive changes in Knoxville and we look forward to even better developments in the next.”
Knoxville was one of Business Facilities magazine’s “Editors’ Location Picks” in 2010, placing fifth in its list of the top ten metros with economic growth potential. It was also ranked #7 among Alternative Energy Industry Leaders and #10 in the list for the metro with the best cost of living. Knoxville has also garnered accolades from other prestigious publications such as Forbes and BusinessWeek.
For more information on Knoxville and the real estate market here, including updates on the latest Knoxville land for sale listings, visit the Bailey’s Team website, http://www.YourBaileyTeam.com, or contact Chuck and Vickie Bailey directly.
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