Archive for November 2024
Here’s how to take some sting out of heating cost increases
A pre-Thanksgiving dusting of snow isn’t necessarily an early winter sign, but the region has already seen several days when temps dropped into the 30s. That has left homeowners who…
Read MoreMARKET PULSE – 2.5% of region’s housing stock second homes, airbnb rentals
They’re a housing element all-unto themselves that often gets little attention in the broader conversation about housing in the Tri-Cities region. According to Census and web services counts there are…
Read MoreSellers’ market doesn’t favor FSBOs
Here’s another bit of common knowledge about the housing market that is being retired to the myth list. A hot sellers’ market favors homeowners going the do-it-yourself route to save…
Read MoreOct. Pending Home Sales down 6.9%
Pending sales were down 6.9% across the Tri-Cities region in October and the Northeast Tennessee Association of Realtors (NETAR) Pending Sales Index dropped to a nine-month low. Pending sales are a…
Read MoreMARKET PULSE – October top sale was in the Ridges
A 14-room home with 9,000 sq. ft of living space perched atop one of the highest points in the Ridges was October’s top sale. The five bedroom, six-bath home sold…
Read MoreLocal housing market turns lethargic in October
Tri-Cities home prices were at a five-month low in October but sustained both an annual and 10-month gain. Sales dropped 3.5% below where they were last year, and the 10-month…
Read MoreMARKET PULSE – Mobile Home Market Sees Oct. Slowdown
October’s mobile home market is seeing the same lackluster performance as the stick-built market. Last month there were 54 sales, down 27% from 74 this time last year. The average…
Read MoreMarket has turned the corner on rebuilding inventory
It’s been a slow slog that isn’t over yet, but the Tri-Cities regional housing market has arguably turned the corner on inventory restoration. Currently, the region has a little over…
Read MoreMARKET PULSE: Local Housing Markets Least Vulnerable to Declines
Despite the depth and breadth of housing data from the Northeast Tennessee Association of Realtors (NETAR) and CoreData a local cohort is waiting for the bottom to fall out of…
Read MoreVeterans home buyers have earned extra support, benefits
Saturday, Nov. 11, is set aside to honor veterans, past and present. Veterans are an important part of the local population and of the local housing economy. Although the Census…
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