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Vacant land sales are on track for another annual increase just below the 50% mark. They’ve been on that path since 2020 while sales in some price ranges are well into triple-digit increases. The three…
Read MoreNearly one of every three single-family homes or condos in the region monitored by NETAR during the fourth quarter was a non-owner-occupied investment property. Of those 60,463 properties, 3,460 were vacant, giving the region…
Read MoreNovember’s median existing-home sales price jumped to $210,000. That’s the same level it was at the market peak in August. The reason was buyers saw that mortgage rates were ready…
Read MoreTri-Cities all-cash home sales mirrored the third-quarter national level, but they part paths when compared to their highest previous levels. The third-quarter U.S. cash deals were at their highest level since the first quarter of 2015. Local cash…
Read MoreCondominium sales remain a hot ticket in the local existing home sales market. So far this year, 469 condo sales have closed compared to 501 during the first 10 months of last…
Read MoreSo far this year, the sales volume for existing home sales reported by NETAR’s Home Sales Report is $1.9 billion. While that’s a big number, there’s more to the real estate’s impact on the…
Read MoreHome prices and mortgage rates are both climbing. But buyers have shrugged it off for most parts as the housing market continues to stay in front of the rest of the local economy with few –…
Read MoreOctober was the seventh-month inventory has stabilized. It was slightly lower than the previous month but the trend continues to show a steady increase. The same thing can be seen for the median time a home…
Read MoreHomeowners who sold in September pocked $26,000 more than those who sold in September last year. But if you look at the average sales price the gain it’s almost $40,000. The median offers a better picture than…
Read MoreMarket share is a key indicator of a company’s competitiveness. The market share of home sales is also an indicator of how communities or even neighborhoods are growing or declining. That…
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