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Archive for June 2023

Many of area’s older homes need energy upgrades 

By Jan Stapleton | June 24, 2023

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…

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May best month of this year for townhome sales

By Don Fenley | June 24, 2023

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…

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May pending home sales take a breather    

By Don Fenley | June 20, 2023

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…

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One-in-three May home sales was an all-cash deal

By Don Fenley | June 17, 2023

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.…

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About 400 affordable homes needed to balance local market 

By Jan Stapleton | June 17, 2023

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…

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Local commercial real estate deals in the slow lane

By Don Fenley | June 16, 2023

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…

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REALTORS® Show Massive Commitment to Community Service

By NETAR | June 13, 2023

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®…

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Local Market Leads East TN Year-To-Date Price Performance 

By Don Fenley | June 10, 2023

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.…

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 Homeownership has critical community, economic and social benefits 

By Jan Stapleton | June 10, 2023

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…

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May home sales lumber into peak buying, selling season 

By Don Fenley | June 7, 2023

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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