Archive for June 2024
Savvy consumers keep their scam guards up
Scams have always shadowed the real estate markets, but it seems they have increased. Everywhere you turn, it seems like there’s a story about a lawsuit or complaints over broken…
Read MoreNew contracts point to flat home sales
Pending home sales increased 2% from last year as the local housing market neared the peak of the prime home buying and selling season, according the to Northeast Tennessee Association…
Read MoreMARKET PULSE – Markets with hot five-month sales, price trends
A recurring item in monthly regional home sales reports for the last two and a half years has been declining home sales. It’s typically referred to as a retreat toward…
Read MoreMay home prices inch up to new record, sales increase
Home sales picked up in May with a slight inventory improvement and an equally slight shift in sellers’ adjustment to a moderating market and the current mortgage rate. So far…
Read MoreMARKET PULSE – Bristol, VA nets region’s 27th $1 million plus sale
Eleven $1 million plus home sales closed in May, bringing the region’s total to 27 this year. A 10,412 sq. ft. home with a 22-ft. ceiling and marble floors in…
Read MoreEnergy efficiency is marketing muscle
Despite this year’s unseasonably mild early June temperatures, those weather reports from out West are a heads up. Here’s hoping there won’t be a local heat dome that drives temps…
Read MoreNAR Applauds VA Announcement of Home Loan Benefit Changes
WASHINGTON (June 11, 2024) – National Association of Realtors® President Kevin Sears issued the following statement in response to the Department of Veterans Affairs (VA) announcement of a “Buyer-Broker Agent Temporary…
Read MoreMARKET PULSE – Yes, There’s Affordable Tri-Cities Area Housing, But…
Affordable housing – or the lack of it – gets a lot of attention these days. Some of it’s accurate. Some isn’t. Let’s look at the numbers. Good news first.…
Read MoreVolunteer Days showcases how Realtors® are good neighbors
It’s fitting that the Realtor’s® celebration of Volunteer Days comes in concert with Homeownership Month. It’s fitting because what Realtor’s® demonstrate during Volunteer Days dovetails with the social sidebars that…
Read MoreMARKET PULSE – Mobile home sales brisk in local affordability market
Mobile homes continued a brisk sales rate last month as affordability conscious buyers sought relief from higher prices in the detached single-family, townhome and condo markets. Thirty-six manufactured homes sold…
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