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Archive for August 2021

Market gives troubled homeowners a lift

By Don Fenley | August 29, 2021

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…

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When nights get cooler shut out unwelcome pests

By Kristi Bailey, President | August 29, 2021

 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…

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Market trend good news for first-time buyers

By Don Fenley | August 22, 2021

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…

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Smile, you may be on camera during a showing

By Kristi Bailey, President | August 22, 2021

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…

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Pending home sales show signs of seasonal slowing   

By Don Fenley | August 16, 2021

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…

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Data show active inventory is slowly improving

By Don Fenley | August 15, 2021

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. …

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Five-year home equity outlook favors today’s buyers

By Kristi Bailey, President | August 15, 2021

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…

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Local commercial real estate market heads for banner year

By Don Fenley | August 12, 2021

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…

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Local home price indexes hit 42-year high

By Don Fenley | August 8, 2021

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%…

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REALTORS® volunteer to help build strong communities

By Kristi Bailey, President | August 8, 2021

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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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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