Archive for December 2023
Why Realtors® are worth every penny of their compensation
Here’s what they do according to the National Association of Realtors® Pre-Listing Activities: 1. Make appointment with seller for listing presentation2. Send seller a written or e-mail confirmation of listing appointment and…
Read MoreMarket Pulse – Lower Mortgage Rate May Nudge 10,000 Locals To Re-enter Housing Market
Housing analysts expect 10,408 Tri-Cities area residents will return to the market if mortgage rates settle at 6.5% in 2024. The two included charts from the National Association of Realtors…
Read MoreNETAR teamwork, professionalism made 2023 a banner year
Last year Rick Chantry concluded his Northeast Tennessee Association of Realtors (NETAR) presidency by saying it had been three years since the region had experienced anything like normal economic conditions. …
Read MoreGetting ready for the 2024 home buying season
The housing market is expected to continue a slow thaw during the coming year. Buyers are ready to buy, but not all sellers are ready to sell. Buyers will have…
Read MorePending sales increase 8% – affordable, move-up, luxury markets up
Pending sales were up 8% from Nov. last year following a 1% increase in Oct. The Northeast Tennessee Association of Realtors (NETAR) Pending Sales Index, which benchmarks the market to…
Read MoreMARKET PULSE – Condo sales inch up, prices decline
Condos barely held onto a sales upswing in November while prices continued falling from their September peak. According to the Northeast Tennessee Association of Realtors (NETAR), there were 29 sales…
Read MoreReal estate: Is it a good time to buy, or sell?
In a couple of weeks, we’ll have the first numbers from this year’s annual existing home sales and prices. Expect advice, analysis, outlooks, and forecasts to surge. But remember, look…
Read More$3.6 million cash sale tops Nov. luxury market
The top of November’s luxury existing home market was a $3.6 million cash sale in Johnson Co. Seven other million-dollar closings nudged the year-to-date total to 44, according to the…
Read MoreCyber Security Awareness for Realtors®, Buyers, Homeowners
Cybercrime isn’t something that happens somewhere else. The Tri-Cities area of NE TN and SW VA has seen its share. It’s something that can’t be ignored. The National Association of…
Read MoreHome sales decline settles, prices down
The downward arch of area home sales eased in November while prices declined for the second straight month. There were 600 closing in the Northeast Tennessee Association of Realtors (NETAR)…
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