Posts by Don Fenley
Pending home sales cancellation rate may increase
There were about 1000 approved contracts for residential resales awaiting approval at the end of February, according to the Northeast Tennessee Association of Realtors’ (NETAR) latest report. Those contracts were…
Read MoreTri-Cities Commercial Real Estate sales, leases, permits up – volumes down
It wasn’t the best year. But it wasn’t the worst. When you look at the data, 2019 was an OK year for the Tri-Cities Commercial Real Estate (CRE). Sales, leases,…
Read MoreTri-Cities home sales take a breather
February Tri-Cities’ home sales took a breather from the double-digit increase we saw in January with 30 fewer closings. “Don’t read too much into that,” said Northeast Tennessee Association of…
Read MorePending home sales trend posts double-digit gain
The Tri-Cities pending homes sales trend posted a double-digit gain over January 2019, according to the Northeast Tennessee Association of Realtors (NETAR) Pending Sales Report. Pending sales are a leading…
Read MoreTri-Cities housing market begins the year with a double-digit sales increase
The Tri-Cities area home sales were up 16.5% in January. The average residential resale price had a 3.3% improvement. “This is a promising walk-up to the 2020 prime buying and…
Read MorePending home sales increase for a 2020 sellers’ market
Tri-Cities pending homes sales posted a small increase over November’s total while year-over-year and the moving average trend surged, according to the Northeast Tennessee Association of REALTORS® (NETAR) latest report.…
Read MoreDecember home sales lift 2019 housing market to new highs
December was a strong month for the Tri-Cities region’s housing market, and it lifted annual sales and prices to new highs. Kristi Bailey, NETAR 2020 President, said 2019 saw several…
Read MoreNovember pending home sales trend increases despite lagging inventory
Tri-Cities pending homes sales posted an 8.9% seasonal decline November after increased in October, according to the Northeast Tennessee Association of Realtors’ (NETAR) latest report. The year-over-year contract signing short-term trend…
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