Is now a good time to buy a home, particularly in the Eastern Tennessee / Knoxville area? The short answer is, well, maybe. The truth is most people are asking the question in light of recent news reports on rising interest rates and/or rising home prices, but there are a ton of factors that potential buyers need to consider before making the decision to buy in our current market. The answer to that question also heavily depends on what kind of buyer you are. Are you a first-time buyer or currently renting? Or are you a current homeowner with a mortgage rate below 4 percent looking to buy a larger home, or maybe you're looking to downsize? Are you an investor looking to start or expand your portfolio of real estate investments? For the sake of this short video, let's examine the question from the viewpoint of a first-time buyer or someone who is currently renting and looking to get back into the market.