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Knoxville Government Owned Home Buyers Incentive
Owning your own home in Knoxville may be easier and more affordable than you think. Through a limited time offer, certain government owned homes will pay up to 3.5% of the purchase price in closing costs. Wow, savings on closing costs up to 3.5% really adds up and these savings can help you pay for painting, new carpet, new furniture, moving expenses, you name it.

To qualify for this great money-saving offer, give us a call or submit the quick online form at the bottom of the page and we'll send you a free list of the Knoxville government owned homes in your area that qualify for this great program.
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10/29/08 Knox County 3rd Quarter Home Sales Trend
Knox County Home Sales Report - 3rd Quarter 2008
3rd Quarter 2008

List Price Range
#
Units
Sold
Average
Closing
Price
Avg
DOM
Average
List Price
Average
Original
List Price
$10,000 - $19,999
8
$13,838
63
$17,750
$28,413
$20,000 - $29,999
13
$22,062
30
$25,965
$27,777
$30,000 - $39,999
28
$28,229
38
$35,271
$37,129
$40,000 - $49,999
23
$41,433
91
$46,265
$52,089
$50,000 - $59,999
21
$53,860
51
$56,071
$57,257
$60,000 - $69,999
32
$63,325
68
$66,232
$71,978
$70,000 - $79,999
30
$73,637
80
$76,450
$80,437
$80,000 - $89,999
41
$84,471
75
$87,305
$91,639
$90,000 - $99,999
52
$93,708
92
$96,931
$100,849
$100,000 - $124,999
132
$111,278
83
$114,610
$117,780
$125,000 - $149,999
184
$136,016
80
$138,324
$216,381
$150,000 - $199,999
310
$171,809
85
$176,448
$180,685
$200,000 - $249,999
174
$220,389
105
$227,024
$233,850
$250,000 - $299,999
119
$265,805
103
$274,552
$279,688
$300,000 - $349,999
59
$314,429
112
$323,684
$331,118
$350,000 - $399,999
54
$369,429
93
$380,387
$388,090
$400,000 - $499,999
51
$433,253
85
$443,199
$448,629
$500,000 - $749,999
49
$583,063
125
$603,082
$632,937
$750,000 - $999,999
10
$813,155
137
$875,970
$925,540
$1,000,000+
10
$1,325,900
148
$1,464,750
$1,494,750
Averages/Totals
1400
$206,682
89
$213,853
$229,773
 

Knox County - Previous 2nd Quarter Statistics
2nd Quarter 2008

List Price Range
#
Units
Sold
Average
Closing
Price
Avg
DOM
Average
List Price
Average
Original
List Price
$10,000 - $19,999
7
$14,993
75
$17,786
$20,657
$20,000 - $29,999
21
$23,058
75
$26,690
$32,481
$30,000 - $39,999
35
$33,678
65
$36,934
$41,333
$40,000 - $49,999
28
$59,455
53
$46,374
$49,782
$50,000 - $59,999
22
$54,916
73
$56,745
$60,764
$60,000 - $69,999
35
$63,614
96
$66,443
$72,254
$70,000 - $79,999
38
$74,036
70
$76,515
$78,507
$80,000 - $89,999
46
$84,054
73
$86,628
$88,395
$90,000 - $99,999
48
$94,539
78
$97,319
$99,934
$100,000 - $124,999
153
$111,898
72
$114,842
$117,093
$125,000 - $149,999
177
$135,747
74
$138,868
$141,644
$150,000 - $199,999
324
$172,895
89
$176,959
$183,485
$200,000 - $249,999
192
$222,082
94
$227,291
$229,718
$250,000 - $299,999
123
$268,760
106
$276,120
$279,804
$300,000 - $349,999
67
$320,024
91
$328,138
$331,708
$350,000 - $399,999
64
$372,197
98
$376,797
$380,862
$400,000 - $499,999
50
$441,945
109
$454,333
$458,482
$500,000 - $749,999
47
$588,603
117
$608,906
$621,153
$750,000 - $999,999
9
$786,211
176
$843,311
$882,311
$1,000,000+
9
$1,286,754
97
$1,372,100
$1,416,433
Averages/Totals
1,495
$203,765
87
$209,282
$213,875
 

Knox County - Previous 1st Quarter Statistics
1st Quarter 2008

List Price Range
#
Units
Sold
Average
Closing
Price
Avg
DOM
Average
List Price
Average
Original
List Price
$0 - $9,999
2
$7,450
62
$6,450
$16,203
$10,000 - $19,999
17
$14,179
57
$16,671
$22,583
$20,000 - $29,999
26
$22,246
68
$26,683
$29,579
$30,000 - $39,999
27
$32,544
71
$35,999
$40,714
$40,000 - $49,999
21
$42,719
67
$46,881
$52,067
$50,000 - $59,999
23
$50,088
60
$55,557
$60,372
$60,000 - $69,999
25
$63,232
55
$67,432
$69,549
$70,000 - $79,999
25
$73,008
85
$76,899
$79,145
$80,000 - $89,999
23
$84,509
52
$86,348
$87,974
$90,000 - $99,999
40
$94,042
72
$96,211
$99,433
$100,000 - $124,999
113
$112,054
81
$115,552
$118,807
$125,000 - $149,999
127
$134,916
95
$139,366
$143,343
$150,000 - $199,999
230
$171,617
86
$176,489
$259,645
$200,000 - $249,999
108
$219,184
104
$225,966
$230,079
$250,000 - $299,999
86
$270,002
114
$277,789
$283,371
$300,000 - $349,999
50
$317,642
101
$326,786
$336,465
$350,000 - $399,999
38
$359,542
126
$375,289
$379,788
$400,000 - $499,999
30
$441,621
100
$452,319
$459,839
$500,000 - $749,999
38
$589,758
149
$610,764
$630,303
$750,000 - $999,999
6
$792,500
126
$860,217
$908,867
$1,000,000+
4
$1,275,250
248
$1,405,500
$1,470,000
Averages/Totals
1,059
$192,724
92
$199,691
$222,272

 

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Ten Tips for the Knoxville Tennessee First Time Home Buyer

Thinking about buying a home in Knoxville Tennessee? If so the timing may never be better. Now is a great time to buy a Knoxville Home!

Buying your first home is one of the most exciting things you will ever do.  If you have spent years living in apartments and rental houses, there is nothing more satisfying than owning your own home.  The process can be a little lengthy and you might hit a few bumps in the road to home ownership.  The following tips will help the first time home buyer avoid some of the hiccups traveling down the road leading to Knoxville Tennessee Real Estate Home Ownership.

The first thing you should do is talk to a Knoxville Real Estate Agent about the home buying process.  It should not be a sales meeting and you should be able to find an agent that will agree to meet with you about the basics without having to sign a buyer's representation agreement with them.  If you can't find a good agent to talk to, you might want to consider talking to a loan officer at your bank or a mortgage broker.

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Ways To Make The Most Of Your Knoxville Home Hunting Trip

It has been said that moving and divorce are the two of the most stressful events a person or family can experience.  Divorce is a subject for another time. Let's consider the event of moving and look at some ways to make your Knoxville Home hunting trip less stressful and more effective.

Location is the first factor to consider when planning a move.  If you have children, or are planning a family, you will want to know about the schools in the area.  How about shopping centers, medical facilities, recreational opportunities and of course how far will you be from your place of employment.

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David Hamilton
REALTOR®, SRES®, CDPE
Ferguson Realtors
8085 Kingston Pike
Knoxville, TN 37919
Cell 865-310-0636
Office 865-690-1300
Toll-Free 800-747-0713

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