Knoxville Tennessee sales report for the week of September 6th

By
Real Estate Agent with RE/MAX Shoreline New Hampshire & Maine

boomsday in knoxville tennessee, an annual labor day celebration with giant fireworks display knoxville farragut tn jim lee knoxville area realtorboomsday in knoxville tennessee, an annual labor day celebration with giant fireworks display knoxville farragut tn jim lee knoxville area realtor

It’s Labor Day weekend in Knoxville.

The University of Tennessee won it’s home football season opener yesterday, today is Boomsday, the huge street fair/party climaxed by a spectacular fireworks display, and we have some real estate news for the 1st week in September.

The Knoxville County Register of Deeds reports 156 closed real estate transactions in today’s Knoxville News-Sentinel. That number has been about the average for most every week to date for 2009. We keep hearing talk about “Pending sales up”, “real estate activity increasing”, and so forth but it doesn’t seem to be translating into closed transactions and those are the only ones that really count.

Here’s Knox County’s numbers for last week; total closed transactions from the Register of Deed’s office: 156

knoxvillle tennessee real estate sales month of september 6

As usual the mid to lower price points dominate the volume of sales with the hot ticket for the year remaining the $100,000 to $150,000 range.

The clock is running down fast on the $8,000 federal tax credit that lots of new homebuyers have been taking advantage of. It expires November 3oth, 2009 and that’s for a closed transaction, not just being in the process. With lenders taking from 30 to 45 days to process a loan these days you need to plan on having your target house under contract not later than October 15th to ensure you don’t come up short of time.

www.KnoxvilleHomeCenter.com is the place to begin your home search. As a 30 year veteran of the Knoxville area real estate market I will be glad to answer any questions you may have about the tax credit, the market in your neighborhood, or any other real estate related question.

Jim Lee, 865-693-3232 or email me; Jim@JimLee.com

 

 

Posted by

Jim Lee , REALTOR®, Certified Residential Specialist (CRS)

http://JimLee.com  RE/MAX Shoreline

100 Market St., Suite #200, , Portsmouth, NH 03801 Phone: (603) 431-1111 x3801

Visit New Hampshire Maine Real Estate.com to search homes, get Seacoast area information, and find out how great living on the New Hampshire and southern Maine Seacoast really is.

 

Follow RealtorJimLee on Twitter

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Topic:
Real Estate General Information
Location:
Tennessee Knox County Knoxville Powell
Tags:
knoxville tn real estate homes listinged for sale knoxville realtors

Post a Comment
Spam prevention
Spam prevention
Post a Comment
Spam prevention

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Rainmaker
600,597

Jim Lee

Portsmouth NH Realtor, Portsmouth, NH
How can I help?
*
*
*
*
Spam prevention

Additional Information