Archive for October 2023
How to lock out creepy, crawler things look for a new home
It’s that time of the year when football is king, local residents – both little and big – are prepped for Halloween. Nights have turned cooler. And last, but not…
Read MoreAssumable loans increasing – not here so far
GRAY – While monthly existing home sales continue retreating to pre-pandemic levels, the share of mortgage types has not significantly changed. That doesn’t conform to national reports of the number…
Read MoreLocal housing market gets another strong national ranking
GRAY, TN – The Tri-Cities housing market kept a strong national rating in the Wall Street Journal – Realtor.com Emerging Housing Market Third Quarter Index. The Johnson City three-county metro area…
Read MoreGrowth gives local commercial real estate new vibe
Growth is giving much of NE Tenn. and SW Va. a new look. While it’s more defined in some areas than others, there’s no mistaking the change. Some are almost…
Read MoreIs Now a Good Time To Sell?
Sellers in today’s complex housing market face a big pricing decision because we are in two separate seller markets. One is the newcomers moving here to embrace a better quality…
Read MoreHome sales profit margins up $23,000
The typical profit on Tri-Cities area single-family existing home and condo sales is up $23,000 (10%) from the first three quarters of last year and trending toward the fourth best…
Read MoreSept. pending home sales plunge 14%
GRAY, TN – Rising mortgage rates and low inventory combined with seasonality to push September’s pending home sales down 14 percent. The effect will be a continuation of existing-home sales…
Read MoreHome buyers gaining a little more bargaining power
The region’s housing market is still a strong sellers’ market. But buyers are beginning to get more negotiating power. The dynamics are slowly shifting in their favor and, for some;…
Read MoreLong view shows sales marching toward pre-pandemic level
The NE TN – SW VA single-family existing housing market is weathering the throes of record-high mortgage rates, persistent inventory shortage, inflation, and higher prices without huge upsets. That stability…
Read More179 Ways Agents Who Are Realtors® Are Worth Every Penny of Their Compensation
Here’s a look at all the things — big and small — that an agent who is a Realtor® may do to help clients when buying and selling a home.…
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