Latest news

NE Tenn. – SW Va. home prices soften, sales up

By Don Fenley / August 6, 2021

Buyers 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…

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June local home sales, prices up – market transitioning

By Don Fenley / July 6, 2021

June’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…

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Another double-digit increase for home sales, prices

By Don Fenley / June 7, 2021

Home 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…

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Local home prices soar in April; inventory hits all-time low

By Don Fenley / May 6, 2021

Home 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…

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Local home prices up 27% in February

By Don Fenley / March 8, 2021

Home 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…

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Housing market posts double-digit increases

By Don Fenley / February 4, 2021

The 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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The local housing market just posted its best-ever year

By Don Fenley / January 7, 2021

December was one of the best-ever months for the local housing market, and it closed the books on one of the best-ever years for sales and price heights. “It was…

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November home sales down, but it’s still a hot seller’s market

By Don Fenley / December 7, 2020

Sales were down slightly from October but up 22.7% from last year. The average resale price was $222,142, up 26.7 percent After an expected minimal seasonal slowdown, Northeast Tennessee and Southwest…

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October home sales cool off, but still on record pace

By Don Fenley / November 9, 2020

Local home sales saw some seasonal softening, but it was not enough to pull the market off its record pace. “October sales dropped 13.7% from September, but were 11.5% better…

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September Northeast Tennessee Home Sales – Prices Surge to New Highs

By Don Fenley / October 15, 2020

The local housing market again surged into uncharted territory in September. Residential closings and the average sales price hit all-time highs while inventory and mortgage rates remained at all-time lows.…

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