Archive for August 2021
Market gives troubled homeowners a lift
How many times have you heard potential buyers say they’re going to wait for the housing bubble to burst? That misinformation wisdom is based on some pundits’ – but not…
Read MoreWhen nights get cooler shut out unwelcome pests
It won’t be long before nights turn cooler, and legions of critters begin looking for a warmer place. That’s when many homeowners schedule their semiannual pest control service. There are also several things homeowners can do themselves to help shut out…
Read MoreMarket trend good news for first-time buyers
July’s housing trends had some good news for first-time buyers and those shopping in the affordability zone. Sellers added more homes in the $180,000 to $200,000 price range for the fifth straight…
Read MoreSmile, you may be on camera during a showing
Be careful what you say at home showings. A third of sellers admitted in a recent LendingTree survey that they used hidden cameras to eavesdrop on showings. Some say they used the cameras to find out what buyers liked and…
Read MorePending home sales show signs of seasonal slowing
Homeowners accepted 1,074 offers for single-family and condo sales in July. It was the third month new pending sales have been flat. Both the long and short-term trends are beginning to soften as the market transitions…
Read MoreData show active inventory is slowly improving
July’s active inventory trend has some good news for buyers. Both the month-over-month and year-over-year tracking by the NETAR Home Sales Report shows sellers are putting more homes on the market. …
Read MoreFive-year home equity outlook favors today’s buyers
Some buyers are part of the tsunami of new residents who have discovered that NE Tenn. and SW Va. Some are at or near retirement. Others are part of the…
Read MoreLocal commercial real estate market heads for banner year
Commercial real estate scored another strong month in July with the Retail-Commercial and Office Sector accounting for almost half of all transactions. Transactions were up 96.6 percent from July last year, according to the Northeast Tennessee…
Read MoreLocal home price indexes hit 42-year high
Local home prices continued their upward trajectory in June and reached the highest level since 1979. The 12-month Home Price Index for the Johnson City metro area was 18.9%. It was 17.6%…
Read MoreREALTORS® volunteer to help build strong communities
Most people don’t associate REALTORS® with more than the things the real estate professionals do to get a home from listing to closing. But that’s only part of what REALTORS® do. …
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