Posts by Kristi Bailey, President
How has record low inventory affected housing affordability
By KRISTI BAILEY “The only thing holding back the local housing market is inventory.” Sound familiar? The issue crept into housing market reports about two years ago. Back in 2016,…
Read MoreWhat’s the biggest threat to your home?
By KRISTI BAILEY Last weeks tremors from the earthquake centered in North Carolina got me thinking about things that threaten our homes. With earthquakes happening only a couple time a…
Read MoreWould you make an offer without seeing the home? It’s happening
By KRISTI BAILEY Five months ago, getting a sign-unseen offer for an existing home listing was a rarity. So were buyers waiving contingencies to sweeten their offers. And what about…
Read MoreCOVID-19 added to what buyers want in a new home
By KRISTI BAILEY There’s no such thing as the lazy, hazy days of summer in real estate. At least not this year, thanks to COVID-19. Shelter-at-home curbed the traditional spring…
Read MoreIt’s a great time to be a seller, but…
By KRISTI BAILEY It’s a fabulous time to be a seller. Interest rates have never been lower. That balances some of the price increases because lower mortgage rates mean a…
Read MoreA home buyer tool kit for today’s hot housing market
By KRISTI BAILEY The housing market pivot from the brief coronavirus sales lull arrived with a bang in June. It was the best single month for closings, and the average…
Read MorePrice per sq. ft. is tricky home value territory
By KRISTI BAILEY There is no arguing that navigating today’s real estate market is complicated. So, it’s easy to see why buyers and sellers are always looking for solutions that…
Read MoreThe smart money favors buying instead of renting – even in the current market
By KRISTI BAILEY Have you ever heard someone say they rent because they don’t want to be saddled with a mortgage in these uncertain economic times? Step back and think…
Read MoreHome sales, homeownership play major role in local economy
By KRISTI BAILEY It’s almost time to tie a bow on June’s observance of Homeownership Month. Throughout the month, local and national real estate professionals have focused volunteer and information…
Read MoreLocal home sales pivoting to a recovery phase
By KRISTI BAILEY Northeast Tennessee’s home sales continued to struggle in May, but indicators point toward a pivot to a recovery phase. There were more closing than there were in…
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