Archive for March 2020
Housing market sails into uncharted waters
You can depend on COVID-19 pushing the local prime home buying and selling season onto uncharted waters this year. In the short-term, you can rely on housing and economic data…
Read MoreReal estate and the coronavirus – take a deep breath, stay focused
Coronavirus is the housing market disrupter that no one could have seen coming. And it arrived hand-in-hand with the first look at February’s Northeast Tennessee Association of Realtors® (NETAR) market…
Read MoreNAR Survey Finds Nearly Half of Realtors® Say Home Buyer Interest Has Decreased Due to the Coronavirus Outbreak
WASHINGTON (March 19, 2020) – Nearly half of Realtors® – 48% – said home buyer interest has decreased due to the coronavirus outbreak, according to a new survey from the National Association of Realtors®.…
Read MorePending home sales cancellation rate may increase
There were about 1000 approved contracts for residential resales awaiting approval at the end of February, according to the Northeast Tennessee Association of Realtors’ (NETAR) latest report. Those contracts were…
Read MoreTri-Cities Commercial Real Estate sales, leases, permits up – volumes down
It wasn’t the best year. But it wasn’t the worst. When you look at the data, 2019 was an OK year for the Tri-Cities Commercial Real Estate (CRE). Sales, leases,…
Read MoreHere’s why foreclosure buyers need a buyer’s agent
There was a time when the first words a REALTOR® would hear from a new client was, “What kind of foreclosures are there out there?” Those days are gone, but…
Read MoreCOVID 19 Information *UPDATED FREQUENTLY*
As the coronavirus remains a growing concern in the U.S. and in Tennessee, our leadership would like to assure you that we are prepared, and that we are keeping a…
Read MoreTri-Cities home sales take a breather
February Tri-Cities’ home sales took a breather from the double-digit increase we saw in January with 30 fewer closings. “Don’t read too much into that,” said Northeast Tennessee Association of…
Read MoreListing price strategy takes on new importance
The initial listing price of a property is one of the single most essential items in a successful real estate transaction, and it does not matter if the market is…
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