The real estate market in Knox County, as in most of the rest of the country, continues to remain far below past sales. Here’s the results for the past week’s property transfers in Knox County as recorded in the Knox County Register of Deeds office.

Knox County real estate tranfers - total units

Knox County real estate tranfers - total units

I count a total of 149 transfers for the week, about the same as previous weeks for the year.

I continue to hear antecdotal stories from my fellow Realtors about how they think the market is picking up and how busy they’re getting but so far very few of those stories have made it onto the closed sales scoreboard and that’s pretty much all that counts.

If anyone is thinking of buying this year and using the $8,000 tax credit you should know it expires on November 30th of this year.

And with all the new rules and guidelines making mortgages harder and lengthier to process you’re typically looking at 45 days processing time.

So unless you have a new house selected and under contract by around October 15th, which is only 2 1/2 months away, you could lose out on one of the best deals for first time time (and some repeat) buyers in a long time.

Visit www.KnoxvilleHomeCenter.com and see all of the Knoxville area listings for sale and then let’s get going picking one out for you.

Please call or email me with any questions or to schedule a time to look at some great Knoxville area homes.

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