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Archive for February 2020

Low mortgage rates, tight inventory pressures selling strategy

By Kristi Bailey, President | February 29, 2020 | 0

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…

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Pending home sales trend posts double-digit gain

By Don Fenley | February 27, 2020

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…

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January home sales post double-digit gains

By Kristi Bailey, President | February 23, 2020 | 0

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.…

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Tri-Cities housing market begins the year with a double-digit sales increase

By Don Fenley | February 19, 2020

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…

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There’s no substitute for partnering with the right Realtor®

By Kristi Bailey, President | February 16, 2020 | 0

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…

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A flipped home can be great find or a money pit

By Kristi Bailey, President | February 9, 2020 | 0

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…

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Housing market metrics signal, “Now is an excellent time to sell!”

By Kristi Bailey, President | February 2, 2020 | 0

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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