A new study just released says that 64% of Americans believe that now is a smart time to buy a home.

“Indeed, 65% of survey respondents agree that given the current supply of homes for sale and special incentives this is “truly a buyer’s market.” And, 39% believe that tentative buyers who are waiting for home prices to go lower risk “missing out on one of the greatest home-buying markets in recent history.””

knoxville real estate and homes for sale, contact jim lee, Knoxville Realtor

This “Featured Home” was just reduced to $279,900 with 4 bedrooms, bonus room, main level office or guest bedroom, and lots of living space (2900 feet)

I could not agree more!

The greater Knoxville & Farragut areas have a great supply of both new and resale home, some builders are offering great incentives to stimulate sales, and interest rates are still at a very, very attractive level.

However, like the boom times of the recent past, this can’t last forever either.  

This surve is compiled from the responses of 548 adults nationwide, Jan. 4-7, 2008, between the ages of 25 to 72 with a minimum annual household income of $40,000.

Visit KnoxvilleMLS.com to see some great home buys and then contact me to go look at them.