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Archive for July 2023

Why it’s important to work with a Realtor® 

By Jan Stapleton | July 29, 2023

Partnering with a professional Realtor® has always been the ticket to a better real estate experience. Since the housing crunch, it has become even more important.  So far, this year…

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Local vacant land sales down 24%, demand still strong

By Don Fenley | July 28, 2023

GRAY – The demand for vacant land in NE TN is strong, but total sales are down by 24 percent. According to the Northeast Tennessee Association of Realtors (NETAR) there…

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NETAR awards recognize the local best of the best 

By Jan Stapleton | July 22, 2023

Presenting the Mark Keesecker Good Neighbor Award to Darrell Duncan was a personal high point for me at the recent Northeast Tennessee Association of Realtors® (NETAR) membership meeting.  Darrell has…

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Luxury home sales spike in June

By Don Fenley | July 22, 2023

June was an exception to a luxury home market that has softened so far this year. Thirteen $1 million plus home sales closed last month in the NE TN –…

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Pending home sales point to softer market

By Don Fenley | July 17, 2023

GRAY, TN – Pending sales and NETAR’s Pending Sales Index point to a weaker market during what is typically the busiest months of the year. June’s pending home sales pace…

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Buyers gaining ground, but it’s still a sellers’ market

By Don Fenley | July 15, 2023

GRAY – Mid-year market reports that show all but the affordable market is on the threshold of balanced market conditions begs the question: where’s the new buyer bargaining power showing…

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It’s definitely not your parents’ housing market 

By Jan Stapleton | July 15, 2023

GRAY – Mid-year trend indicators are painting a clearer picture of the NE TN SW VA housing market and what’s coming. There are some good, and some not-so-good outlooks. One…

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Commercial real estate deals down, market resilient

By Don Fenley | July 14, 2023

GRAY – Commercial real estate transitions in June and the first half of this year have been tepid while the overall market has remained resilient, according to the Northeast Tennessee…

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June home prices at new high, sales decline, market balances 

By Don Fenley | July 10, 2023

GRAY – Home sales continue their slow decline and prices hit a new high in June.   “We’re really beginning to see the transitioning of the market to a new normal,”…

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June 2023 Market Analytics

By Don Fenley | July 8, 2023
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Recent Posts

  • Complex housing market increases Realtors’ worth 
  • Rental market is tight, but vacancy rates vary
  • National firms put more pressure on local mom-and-pop firms
  • Pending home sales post small seasonal gain
  • Number of cash home sales decline

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