Elite Realty Group
442 E. Economy Rd
Morristown, TN 37814
Phone: 423-307-8566
Fax: 423-307-1051
Email: mike@elkinsteam.com
Equal Housing Opportunity
Licensed in Tennessee



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Baths
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 Morristown TN Homes For Sale - Elite Realty Group provides services with Morristown TN Real Estate For Sale to home buyers and home sellers in Morristown Tennessee, Hamblen County Tennessee, Talbott, Russellville, Whitesburg, Bean Station, Grainger County, and surrounding communities.
We specialize in working with Home Sellers in getting their homes listed and sold. We utilize the latest and most up to date marketing materials in assuring the job gets done quickly and with the least amount of hassle. Our homes are listed on over 32 different Real Estate web sites including realtor.com, yahoo.com, trulia.com and many others.

Mortgage News

Hurricanes Likely to Have These 3 Effects on Housing

Posted To: MND NewsWire

Like Fannie Mae, Freddie Mac's economists are viewing the disruptions from the recent hurricanes as short-lived . The 33,000-job loss in September, for example, was largely attributable to a steep month-over-month drop in hiring in the leisure and hospitality industry, almost certainly an effect of the storms. The already tight supply of homes was exacerbated by the hurricanes, with total home sales for August at a weak 5.9 million units. Freddie Mac's economists devote most of this month's Outlook to looking at the potential impact in the shorter and longer terms. Moody's Analytics' preliminarily puts the economic losses in Texas and Florida from Harvey and Irma at almost $168 billion. Roughly $51 to $56 billion worth of residential real estate was affected by Hurricane Harvey and $30 to ...(read more)

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Stevens to MBA; Work to Lock in Reforms before Regime Changes

Posted To: MND NewsWire

It has been a tumultuous and unpredictable year. That was how David H. Stevens, President and CEO of the Mortgage Bankers Association framed his remarks to the MBA's 2017 Annual Convention and Expo in Denver. Stevens, who announced at last year's Expo that he was suffering from cancer, said he was speaking both about his personal battle (while announcing he is in full remission) and of the political winds that have been blowing. He warned members to guard against a false sense of security given the many changes that loom. Stevens recounted MBA's efforts over the past year to build relationships with the new administration. Meetings have been held with Housing and Urban Development (HUD) Secretary Ben Carson, and new teams at the U.S. Treasury and the White House. These meetings and other MBA...(read more)

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MBS RECAP: Unofficially Still Waiting For The Week to Begin

Posted To: MBS Commentary

I refer to some Mondays as unofficial 3rd days of the weekend, and today's example qualifies. There were no significant economic reports, no substantive headlines, and no major movement in bond markets. Add to that a general absence of volume (one of the lightest days in more than a month) and we have an ample case for an inconsequential trading day that may as well have been an extension of the weekend. Bigger decisions are ahead for bonds. That's the sense we were left with as 10yr yields hurtled toward 2.40% last Friday and the reality we were reminded of when today's only interesting tidbit crossed the wires: Trump is "very very close" to naming the next Fed Chair. It doesn't sounds like Yellen is in the running, which leaves the frontrunners as Powell and Taylor...(read more)

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 Morristown TN Homes For Sale - Elite Realty Group provides services with Morristown TN Real Estate For Sale to home buyers and home sellers in Morristown Tennessee, Hamblen County Tennessee, Talbott, Russellville, Whitesburg, Bean Station, Grainger County, and surrounding communities.
We specialize in working with Home Sellers in getting their homes listed and sold. We utilize the latest and most up to date marketing materials in assuring the job gets done quickly and with the least amount of hassle. Our homes are listed on over 32 different Real Estate web sites including realtor.com, yahoo.com, trulia.com and many others.