"It's the start of the buying season,

"It's the start of the buying season," for property in East Tennessee says Steve Albin, of Just Listed Knoxville.com. He says now is traditionally the best time of the year to buy property, and this season looks no different. As a matter of fact, it's been several years since opportunities for buyers have looked this good.

There are more homes on the market at this time of the year, making it a prime time to close a deal. For buyers, the good news just keeps coming, "says Tina Mounger of Just Listed Knoxville.com. "Lots of people wait until now to put their house on the market because they know the buyers will be there," says Rick Comans of Just Listed Knoxville.com. "Things warm up and it's a nice time to go out and shop for a house." According to Trenna Hamilton of Just Listed Knoxville.com, now the market will favor buyers even more than it has during the last several years. "There's a unique opportunity right now that hasn't existed since 2000," he says. "That is the willingness of sellers to negotiate."

Sellers and home builders are much more willing to make concessions in many areas, including sale price and terms. Now, sellers are going to be especially motivated. Once inventories level off, home prices will begin to climb again and the bargaining power may return to the seller. If you wait too long, you could miss out on some great opportunities. You never know when the market will actually peak out and you don't want to get caught in the upswing, or even worse, a bidding war with other buyers.

In more good news, some areas are still appreciating at a steady pace, making it an ideal time to invest. Real estate professionals say the
important thing to remember about real estate is that it's local, and looking at national statistics can sometimes be misleading. In other words, just because the sky seems to be falling across the nation doesn't mean there aren't areas that are still stable.

Cities in states throughout the Southeast are in particularly good shape. According to the Office of Federal Housing Enterprise Oversight (OFHEO). Notable southeastern cities with appreciating home values include Knoxville Tennessee. OFHEO studies show housing prices in all of these cities have seen appreciation of five percent or more.

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