Archive for February 2024
MARKET PULSE – FHA loans gaining market share of home sales
With all the changes that have rippled through the housing market, one that is often overlooked is financing. While there are few big changes in how buyers are paying, when…
Read MoreSkipping home inspection could be costly
There’s a good chance home inspections will increase on the existing home sales headache list this year. They rank right up there with appraisals. Both can push deals back to…
Read MoreCommercial Real Estate Inventory Perks Up, Transactions at 3-Year Low
There was a sign of new life in the local commercial real estate (CRE) market last month. Inventory and new listings increased while total sales and lease transactions dropped to…
Read MorePending sales up, new life stirs in affordable housing market
Pending sales point to a recovery from January’s lackluster market performance. And they’re not the only thing looking up in a market seeing softer demand. There was a pending sales…
Read MoreMARKET PULSE – Condo/townhome market off to a slow start
Market Pulse 2-18 Condominium sales got off to a slow start last month. They matched last year’s performance, but were down 22% (six sales) from December. So was the $201,153…
Read MoreLocal housing markets gets major marketing boost
Two major third-party housing reports were a marketing boosts for the local housing market in January. The first was from the Wall Street Journal-Realtor.com Emerging Markets Index. The Johnson City metro…
Read MoreMARKET PULSE – $1 million housing market off to good start
The regions’ million-dollar home sales club kicked off 2024 with four sales. It would have been six, but two dropped below the $1 million mark when owners reduced their asking…
Read MoreAdd house hardening to ways to boost older home marketing
Regardless of how much faith – or lack of it – you have in Punxsutawney Phil’s powers of predicting weather extremes are exerting a new effect on housing. At the…
Read MoreTri-Cities metro areas in US top 10 price report
WASHINGTON (February 8, 2024) – More than 85% of metro markets (189 out of 221) registered home price increases in the fourth quarter of 2023 as the 30-year fixed mortgage…
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