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Home sales declined for the third straight month in November while prices improved from their October level. There were 741 closings last month. That’s 66 fewer than October and down 4.3 percent from November last year.…
Read MoreOctober home sales were down but not enough to push the market’s year-to-date performance off its double-digit growth track. There were 807 closings last month. That’s 43 fewer than September and 30 fewer than October last year. So far this year, 7,911 single-family and condo…
Read MoreThe September housing market took another step toward a traditional seasonal pattern in NE Tenn. and SW Va. Monthly home sales and prices declined from August while the average price was substantially higher…
Read MoreThere are signs the local housing market is slowly transitioning to more normal conditions. Demand is ebbing, and inventory is gradually increasing. But that didn’t pull August prices and closings off a record-setting pace. Prices were at all-time highs. And closings were at an…
Read MoreBuyers got a little relief from rising home prices in July while sales entered the second half of the year on the upswing. “July was a month of second bests,” said Northeast…
Read MoreJune’s home sales were up 6.4 percent from May, and the average sales price was 9.8 percent higher. “Last month’s housing data – with the exception of prices – also began showing signs that the local…
Read MoreHome sales and prices continued at a double-digit pace in May despite a slight softening from April’s totals. “There are some ever-so-slight declines in sales and prices, but the overall market shows no immediate…
Read MoreHome prices continued double-digit growth in April as inventory dropped to an all-time low. At month’s end, the region monitored by the Northeast Tennessee Association of Realtors (NETAR) Home Sales Report had a 1.3-month supply of homes for sale. “It was a given…
Read MoreHome prices soared 27.3 percent in February, while sales in the inventory-starved NE Tenn. – SW Va. market were up 9.3 percent. “It’s a crazy, red-hot market,” Northeast Tennessee Association…
Read MoreThe NE Tenn. – SW Va. housing market stayed on a double-digit increase pace last month. “January usually isn’t one of the stronger housing months, but this market is…
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