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Archive for October 2020

Home Sales Price Increase as Growth Rate Slows

By Kristi Bailey, President | October 31, 2020

By KRISTI BAILEY The average Northeast Tennessee home sales price hit a new high in September. It was $218,438. That is 20.7% more than it was in September last year. …

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Housing Market and REALTORS® Sure and Steady in a Crazy Economy

By Kristi Bailey, President | October 24, 2020

By KRISTI BAILEY The local housing market has hit lots of new benchmarks this year, and there will likely be a few more before the end of the year.  It…

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Pending Home Sales Down for the Second Straight Month

By Don Fenley | October 21, 2020

New pending sales continued softening for the second consecutive month in September. That hints that while the market is still on a record sales pace, there is a little bit…

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Now is the time to ensure a killer lawn next year

By Kristi Bailey, President | October 19, 2020

A couple of weeks ago, we devoted this space to winterizing your home so you could enjoy all a Northeast Tennessee autumn has to offer.  There’s one more item that…

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September Northeast Tennessee Home Sales – Prices Surge to New Highs

By Don Fenley | October 15, 2020

The local housing market again surged into uncharted territory in September. Residential closings and the average sales price hit all-time highs while inventory and mortgage rates remained at all-time lows.…

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Northeast Tennessee’s Commercial Real Estate Market Slow Recovery Continues

By Don Fenley | October 13, 2020

In September, the commercial real estate market recorded another best month of the year, according to the Northeast Tennessee Association of Realtors (NETAR) monthly Commercial Real Estate Report. Transactions were…

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It’s an unbelievable good housing market, here’s why

By Kristi Bailey, President | October 10, 2020

By KRISTI BAILEY Housing is currently the brightest spot in our economy. As strange as it may sound, one reason for that is COVID-19. It has altered some fundamental ways…

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REALTORS® strive to keep their skills on the cutting edge

By Kristi Bailey, President | October 4, 2020

By KRISTI BAILEY Industries are always changing. That makes continuing education essential for workers to stay current with the latest technologies, development, and skills required for their fields. Some professions…

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Recent Posts

  • Local Land Sales Slowing Down, But Not Prices 
  • Local land sales slowing down, but not prices 
  • Commercial real estate reports rate local economy’s performance 
  • Pending sales down, inventory shows slight increase 
  • Strong fundamentals move local commercial market forward 

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