Archive for February 2020
Low mortgage rates, tight inventory pressures selling strategy
EDITOR’S NOTE – The rate droped to 3.45 percent after this item was written. Do not look for mortgage rates to be a big home sales driver this year. Even…
Read MorePending home sales trend posts double-digit gain
The Tri-Cities pending homes sales trend posted a double-digit gain over January 2019, according to the Northeast Tennessee Association of Realtors (NETAR) Pending Sales Report. Pending sales are a leading…
Read MoreJanuary home sales post double-digit gains
The local housing market started 2020 the same way it ended 2019 – with a bang. January resales were up 16.5%, and there was a tidy 3.3% sales price appreciation.…
Read MoreTri-Cities housing market begins the year with a double-digit sales increase
The Tri-Cities area home sales were up 16.5% in January. The average residential resale price had a 3.3% improvement. “This is a promising walk-up to the 2020 prime buying and…
Read MoreThere’s no substitute for partnering with the right Realtor®
The single most important thing anyone planning to buy or sell real estate this year can do is to partner with the right REALTOR®. All the signs point to a market…
Read MoreA flipped home can be great find or a money pit
Unless you are a cash buyer, there is no way around the fact that things can be tough in today’s housing market – especially if you are a first-time buyer…
Read MoreHousing market metrics signal, “Now is an excellent time to sell!”
Mortgage rates fell to their lowest point in three months at the end of January, and we are only one-quarter of a percentage point above the all-time low. According to…
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