Posts by Michelle Davis
Here come the local home buyers, if mortgage rates behave
New residents and how they affect the housing market still dominate public attention, but they take backseat to the organic demand from sidelined buyers who are already here. While we…
Read MoreNewcomers, what we know, what we don’t know and why
A couple of weeks ago, I had the honor of speaking to the Elizabethton Kiwanis Club. It’s a fairly common request because people are interested in what the housing market…
Read MoreDon’t let short-term mortgage rates cloud the big picture
It looks like mortgage rates may pump the brakes on an expected robust early start to the spring home buying and selling season. The weekly 30-year fixed-rate mortgage rate average…
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 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 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 MoreFlip sales, upgrades boost older homes’ value and appeal for careful consumers
Remodels, upgrades, and flipped homes have been getting renewed attention since 2024 home price outlooks are being adjusted upward. And if mortgage rates behave like the National Association of Realtors®…
Read MoreCompetitive market puts pressure on home pricing strategy
There are myriad considerations about putting a property on the market this year. But one stands out. It’s the role strategic pricing plays during the first days after a listing…
Read More2024 housing market keywords – inventory, inventory, inventory
If you want to get an edge on what this year’s housing market will look like as we head into the prime season – and beyond – the metric that…
Read MoreMost local markets had a good year, some had a very good year
Last year was proof that even the best housing market outlooks from the most-trusted analysts are more guidance than gospel. It also reaffirmed that real estate is hyper local even…
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