Barry Hensley

last updated 1/22/2018

Barry Hensley

Agent at Southland Realtors Inc

244 N. Peters Rd, Knoxville, Tennessee, United States
HQ Phone:
(865) 694-6161

General Information


President - The Knoxville News Sentinel Co.


Instructor - Knoxville Area Association of Realtors

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Our Agents | Southland Realtors

Barry Hensley

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It quoted Barry Hensley, past president of the Knoxville Area Association of Realtors, saying, "It's odd, because it will get red hot and then slow down a little, and then get a red hot again."
In a phone call a few weeks later, Hensley offers a small disclaimer: He never said red hot. And the current downturn is unlike any other he's seen in his career, making predictions about recovery even trickier than usual. Still, compared to a lot of parts of the country, he says, things aren't that bad. Prices have come down from their peak a few years ago, but not precipitously-partly because Knoxville was somewhat insulated from the bubble to begin with. "We just never experienced that type of a market here," says Hensley, principal broker with Southland GMAC Real Estate. And to the extent there was speculation and fall-off, he says, it was at the top end, places like The Cove at Turkey Creek. "If you get above $350,000, I think there is a lot of inventory in that upper bracket," Hensley says.

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Barry Hensley, a broker with Knoxville's Southland GMAC and president of the Knoxville Area Association of Realtors, said one of his listings received an offer Sunday from a buyer who's trying to beat the deadline, and that he represents two other clients who are first-time buyers.
Hensley said he thinks the looming deadline has boosted demand, adding that if buyers have "any kind of credit issues at all ... it's just getting really, really tight to get in on that deal with the $8,000." The Isakson-Dodd proposal would extend the credit to June 30, 2010. It also would remove the first-time homebuyer requirement and double the eligibility income limit to $150,000, or $300,000 for a couple. Hensley said he sent an e-mail message to U.S. Rep.

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