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Archive for October 2022

Investors having larger impact on Tri-Cities home sales

By Don Fenley | October 31, 2022

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…

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Successful Realtors® constantly increasing their skills 

By Rick Chantry | October 30, 2022

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…

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There’s more to cash home sales story than out-of-state buyers 

By Don Fenley | October 23, 2022

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…

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Tech surge makes cybersecurity awareness a must for Realtors®, homeowners 

By Rick Chantry | October 23, 2022

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…

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Pending home sales decline for fifth month

By Don Fenley | October 17, 2022

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…

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Tri-Cities housing affordability by the numbers 

By Don Fenley | October 16, 2022

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…

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Fall ushers in the season when creepy, crawler things look for a new home 

By Rick Chantry | October 16, 2022

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…

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Local commercial real estate up 3% so far this year

By Don Fenley | October 12, 2022

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…

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More homes selling below the asking price than above 

By Don Fenley | October 9, 2022

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…

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A window of opportunity to get out from under surging rents? 

By Rick Chantry | October 9, 2022

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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