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Archive for May 2020

Peak buying selling season pushed from spring to summer

By Kristi Bailey, President | May 31, 2020

By KRISTI BAILEY The buzz in the real estate industry is Coronavirus has shifted this year’s peak spring buying and selling season to the summer. Local indicators are pointing that…

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New pending home sales softening

By Don Fenley | May 26, 2020

New pending sales declined in April as the local market reacted to the economic fallout from the coronavirus pandemic. There were 688 new contracts (pending sales) at the end of…

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How to make the best purchase offer in a seller’s market

By Kristi Bailey, President | May 24, 2020

You’ve worked with a REALTOR® to scour the listings, toured what feels like a million listings, and finally found it: the house you want to call home. The next step is…

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Realtor®-Client relationship more critical now than ever

By Kristi Bailey, President | May 17, 2020

By KRISTI BAILEY During these chaotic times, the single most crucial thing anyone planning to buy or sell real estate can do is to partner with the right REALTOR®.   Media…

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April home sales down 17.9%; sales price up 14.9%

By NETAR | May 14, 2020

In April, home sales were down by 17.9% in Northeast Tennessee. However, home prices increased by almost an equal percentage. According to the Northeast Tennessee Association of Realtors (NETAR), 543…

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The who, what, when and why of a home inspection

By Kristi Bailey, President | May 10, 2020

Homeowners who want to sell must give buyers a disclosure of the property’s known defects. Unless the buyer agrees to buy the property “as is,” one of the steps is…

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Realtors® Report That 77% of Potential Home Sellers are Preparing to Sell Following End of Stay-At-Home Orders

By NETAR | May 7, 2020 | 0

WASHINGTON (May 7, 2020) – More than 3 in 4 potential sellers – 77% – are preparing to sell their homes following the end of stay-at-home orders, with half completing do-it-yourself home…

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Days on Market a housing marketing tool and a market indicator

By Kristi Bailey, President | May 3, 2020 | 0

The Days on Market (DOM) metric that’s typically at the bottom of the Northeast Tennessee Association of REALTORS® (NETAR) Trends Report is more than just a data point. It’s a…

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Recent Posts

  • Vacant land sales decline
  • Sellers market vs. a home buyers strike
  • The slow train to more inventory 
  • VA loans backed Tri-Cities highest avg. home sales price last year 
  • Tri-Cities area pending home sales drop to 5-year low 

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