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Take a look at this charming, North Hills home. Beautiful hardwood floors, updated, and 3 bedrooms.

It appears as if the Knoxville area real estate market is showing some signs of life based on the past week’s sales figures. the Knox County Register of Deeds office is reporting 175 property transfers compared to only 92 the week before.

Days on Market (time from listing to contract) was 122 days this past February compared to 120 days in February 2009 and 100 days same time period in 2008.

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For the week of March 28th, 2010

A very nice increase.

The Knoxville News Sentinel had a very nice, tongue in cheek article today about the soon expiring $8,000 tax credit titled:  $8,000 – nah, you can keep it Pretty funny article and full of useful information about how the tax credit works.

As of today, March 28th, 2010 at 10:36 AM, there are 5,089 homes currently for sale in Knox County and 13,643 total in all the counties our Multiple Listing Services reaches including Oak Ridge, Maryville, Loudon County; a total of 19 counties I believe. If you’re a potential buyer that means there is a huge selection of homes for sale in all price ranges.

I wrote an offer on a home yesterday and my buyer got a 4 1/2% fixed rate, 15 year mortgage and 30 year loans are available for 5% fixed interest rate.

$8,000 in tax credits to buy a house, 5% of lower interest rates, and thousands of homes to choose from. It does not get any better than this and that tax credit expires at the end of April.

visit Knoxville Home now to pick one out for you and your family.

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