The Knoxville Area Association of Realtors released the February 2007 sales report yesterday.

The DOM (days on market) have increased from 91 in January to 94 in February and new listings dropped from 2,697 in January to 2,455 in February.

Knoxville area 2007 Febuary Sales Report

So less listings for sale and they're taking longer to sell. That tells me we're still in a buyer's market and it's getting stronger.

If you're in the market for a new home or investment property in the greater Knoxville Tennessee area it's a great time to buy. Interest rates are still very attractive, selection is great, and motivated sellers are making some great deals to move their homes.

Visit my website, KnoxvilleMLS.com to view all Knoxville's Realtor listings and then give me a call to talk about buying a new home or investment.