Archive for June 2023
Many of area’s older homes need energy upgrades
By JAN STAPLETON Summer has officially arrived, and that puts homeowners – who are on the receiving end of endless debate about why energy prices and up and who’s to…
Read MoreMay best month of this year for townhome sales
GRAY, Tenn. – Townhome/condo said has their best month of the year during May. There were 40 closings, up from 24 last year. The median sales price was $197,500. This…
Read MoreMay pending home sales take a breather
GRAY, TN – Pending sales took a breather last month after reaching a nine-month high in April. Sellers accepted 12 more contracts than the previous month and plateaued with nine…
Read MoreOne-in-three May home sales was an all-cash deal
Cash continues to account for one-in-three local existing home sales that were listed on the local Multiple Listing Service. That’s down from the all sales share in 2011 through 2014.…
Read MoreAbout 400 affordable homes needed to balance local market
There’s no question that the local housing market has an affordability problem. It’s a simmering nation-wide issue that has bubbled to the top of discussions for frustrated potential buyers, chambers…
Read MoreLocal commercial real estate deals in the slow lane
May was another month of pause for local commercial real estate transactions. The FED eased some economic uncertainty with its pass on what would have been the 11th straight interest…
Read MoreREALTORS® Show Massive Commitment to Community Service
By: Melissa Dittmann Tracey In a display of unity, real estate pros showed a spirit of giving back during REALTOR® Volunteer Days. See the projects they undertook. About half of REALTOR®…
Read MoreLocal Market Leads East TN Year-To-Date Price Performance
The local housing market didn’t have the most single-family existing home sales in the East TN metro markets in May, but its growth rate was better than the other metros.…
Read MoreHomeownership has critical community, economic and social benefits
June is Homeownership Month, and this year’s observance is very different from last year. Last year we were in the disorientation of coming off the hottest housing market in recent…
Read MoreMay home sales lumber into peak buying, selling season
GRAY. Tenn. – NE TN – SW VA housing market lumbered into the height of the prime home buying and selling season in May. There were more sales than during…
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