Are Sellers Withdrawing? Written by: Just Listed Knoxville .com Friday Mon, October 28, 2011

Today's News, Are Sellers Withdrawing? Written by: Just Listed Knoxville .com Friday Mon, October 28, 2011

A decline in inventories is normal at this time of the year as real estate markets buckle down for the fall and winter season. But the 20 percent plus drop in new single family listing from last quarter time suggests something else is going on.

According to data released by Just Listed Knoxville .com the Knoxville MLS area new listings of for-sale single family homes, declined 20 percent from last quarter, and are 18 percent lower compared to the same quarter one year ago.

The inventory picture painted by Just Listed Knoxville .com s unique database of more than tracks more than 30,000 property listings.

Just Listed Knoxville .com rely on listing data direct from MLS. One of the advantages of listing data is that it’s remarkably timely; when listings come and go is tracked virtually to the minute. Usually listings depart because there’s a contract or a closed sale, but these days departures also could be owners taking their properties off the market or simply not listing in the first place or to wait for better times. Keeping properties off the market for the near term may be a good idea for everyone concerned concluded the Just Listed Knoxville .com.

JustListedKnoxville.com is an alliance of independent licensed real estate agents and locally owned, independently operated real estate firms and agents with in those firms spanning a nine-county marketing area. Alliance Members bring 76 years of continuous real estate service to the community. The alliance shares the area's finest interactive systems and marketing programs offering state of the art professional consumer centered real estate services... access from anywhere at any time.

MLS Listings From Every REALTOR From Every Real Estate Company

MLS Listings From Every REALTOR From Every Real Estate Company that allows buyers to see all the area MLS LISTINGS in one location.

Prices in Knoxville Tennessee area including such popular areas of Smoky Mountains and the seven area lakes are actually beginning to recover, according to "Steve Albin" of JustListedKnoxville.com.

"You can work here, be close to the city, the Great Smoky Mountain National Park, or one of the seven lake with almost 2,000 miles of shore line, enjoy the four seasons, and still feel like they're on vacation year around, ," said Steve Albin, in an interview.

"Buyers today are not so concerned about the prices dropping as they are about getting value for their money," says Steve Albin, of JustListedKnoxville.com / Realty Investors LLC Regional office in Knoxville, Tennessee.

Oh yeah, in the next 2 weeks you will know of friends, neighbors, or coworkers who are looking to sell or buy a home or need a mortgage. Be sure to tell them about us working together and feel free to send them our contact information or contact us personally or call us right away with their phone numbers so that I can help them, too.

JustListedKnoxville.com is an alliance of independent licensed real estate agents and locally owned, independently operated real estate firms and agents with in those firms spanning a nine-county marketing area. Alliance Members bring 81 years of continuous real estate service to the community. The alliance shares the area's finest interactive systems and marketing programs offering state of the art professional consumer centered real estate services... access from anywhere at any time.