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…

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…

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…

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…

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…

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…

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.…

Northeast Tennessee’s housing market continued its robust recovery for the initial COVID-19 economic shock in August. Home sales were up 9.4%, and the average sales price was an 8 %…

Northeast Tennessee home sales roared back into record territory in June. Closings on residential resales were 40.9% better than May and up 9.9% from June last year. The average sales…

May’s home sales made a slight bounce from April but continue to be gripped by the coronavirus economic fallout. There were 569 closings in May, up 4.7% from April, and…