Archive for October 2022
Investors having larger impact on Tri-Cities home sales
GRAY, Tenn. – Institutional investor activity in the Tri-Cities housing market has picked up to the point where there are enough sales to register on the quarterly ATTOM Data Solutions…
Read MoreSuccessful Realtors® constantly increasing their skills
One thing that goes hand-in-hand with being a successful Realtor® is a commitment to education. The National Association of REALTORS® (NAR) has designed a special awareness for designations and certifications…
Read MoreThere’s more to cash home sales story than out-of-state buyers
Cash sales are the gold standard and fertile ground for local real estate urban legends. The most frequently cited antidote involves cash-rich, out-of-state buyers swooping in, overbidding locals, and driving…
Read MoreTech surge makes cybersecurity awareness a must for Realtors®, homeowners
Cybercrime isn’t something that happens to someone or somewhere else. The Tri-Cities has and continues to see its share. Each October since 2004 has been designated Cybersecurity Month. The National…
Read MorePending home sales decline for fifth month
Pending home sales declined for the fifth straight month in September. Sellers accepted 752 new contracts, down 116 from August and 115 fewer than September last year. Pending sales are a…
Read MoreTri-Cities housing affordability by the numbers
GRAY, Tenn. – One of the biggest threats to the Tri-Cities housing market is not higher mortgage rates or inflation. It’s affordability. Home prices have increased at a tidy clip…
Read MoreFall ushers in the season when creepy, crawler things look for a new home
It’s that time of the year when football is king, and children – both little and big – are prepping for Halloween. Nights have turned cooler. And last, but not…
Read MoreLocal commercial real estate up 3% so far this year
GRAY, Tenn. – Tri-Cities area September real estate transactions are up 3% for the first nine months of this year and down 11% from September last year. The local transaction…
Read MoreMore homes selling below the asking price than above
GRAY, Tenn. – We’re ten months into the year and the local market has reached an inflection point. It’s clear that a slow transition is underway. But unless something unforeseen…
Read MoreA window of opportunity to get out from under surging rents?
The temptation to rent by recently retired or will soon retire residents is understandable. Who could blame them for being tempted by the opportunity to take advantage of all the…
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