Archive for March 2021
Market Pulse – March 29
Land sales in the NETAR region continued an upswing last month. Here’s what the February numbers look like: – 151 sales – one more than in January and 45 more than…
Read MoreREALTORS® celebrate fair housing commitment
Spring is the time of year when real estate professionals are busy with the beginning of the housing market’s prime buying and selling season. It’s also when they take the…
Read MoreMarket Pulse – March 22
The current inventory-sales trend is good news for Tri-Cities homeowners who have or will have their homes on the market for the spring and summer buying and selling season. The…
Read MoreGood maintenance protects home value
Good maintenance is a significant factor in a home’s value over the long run. While most people have some knowledge of things like cleaning gutters, changing heating and cooling system…
Read MorePending home sales up by double-digits for 10th month
Sellers approved 178 more offers in February than February last year. That’s a 27.1 percent increase, and the 10th straight month new pending sales have increased by double digits. …
Read MoreThinking about selling your home – now is the time
The housing market buzz is focusing on when the current sellers’ market will peak, and signs are flashing; now is the time to sell. A March 3 Market Watch headline…
Read MoreMarket Pulse – March 15
Get ready to see some big home sales numbers. Beginning next month, the year-over-year residential closings numbers will be comparing today’s rising market to last year’s three-month COVID-induced sales decline.…
Read MoreLocal commercial real estate gains momentum
Commercial real estate (CRE) gained some local momentum in February. Transactions were up from January. Year-to-date transactions were better than the first two months of last year. And listing traffic…
Read MoreLocal home prices up 27% in February
Home prices soared 27.3 percent in February, while sales in the inventory-starved NE Tenn. – SW Va. market were up 9.3 percent. “It’s a crazy, red-hot market,” Northeast Tennessee Association…
Read MoreMarket Pulse – March 8, 2021
Realtor.com’s economic forecasting team thinks the market will return to seasonality this year. The typical seasonal patterns were tossed out the window last year as individuals and the markets adjusted…
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