Before examining the latest Knoxville area real estate sales data I want to touch briefly on some misconceptions potential buyers may have about the local market.
There is an overload of negative economic news floating around out there and a lot of it is tied directly to the housing market.
Unfortunately the media tends to focus on markets that have been hit the hardest because their numbers make the most attention grabbing headlines.
But simply because the southern California and Florida real estate markets are in the dumps doesn’t mean the same is true in Knoxville, Tennessee.
Buyers need to look at their own personal situations which is much more relevant to them than whatever they’re reading or hearing from the news.
Read the rest of the Knoxville housing market story here