Archive for August 2022
Local homeowners see dramatic equity gains
GRAY, Tenn. – Remember hearing that a mortgage is a lot like a forced savings account that will make homeowners rich over time? There were a lot of Tri-Cities homeowners…
Read MoreUnpacking July’s home prices and sales data
July was another month when the local Home Sales Report chronicled new records or had data that was almost a record. That makes it an opportune time to unpack some…
Read MoreTri-Cities area home prices continue climbing, sales down
GRAY, Tenn. – July’s Tri-Cities area home sales were down from last year while prices continued their roller-coaster ride. One example of that ride is the Piney Flats average existing…
Read MoreSellers increase listing prices again in July
Homeowners continued increasing their listing price for the seventh straight month in July. The only sign of them yielding to a slower market is the rate that they’re upping the…
Read MoreUnwanted creepy, crawly guest will soon be showing up
It’s hard to believe that kids are heading back to school. That means it also won’t be long before nights turn cooler and legions of unwanted creepy, crawly guests will…
Read MoreLocal home price reality check
There’s a simple answer to the frequently asked question: “When are home prices coming down?” The answer is: When demand goes down. Despite what you read in the mass media,…
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