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GRAY, Tenn. – Buyers still have to contend with a sellers’ market, but their bargaining position is getting better, especially in the move-up market’s sweet spot – $300K-$399,999K. June sweet…
Read MoreGRAY – The NE TN – SW VA housing market is slowly moving toward balanced market conditions in the move-up market. That market segment has two price bands – $300K-$399,999…
Read MoreGRAY, Tenn. – Townhome/condo said has their best month of the year during May. There were 40 closings, up from 24 last year. The median sales price was $197,500. This…
Read MoreCash continues to account for one-in-three local existing home sales that were listed on the local Multiple Listing Service. That’s down from the all sales share in 2011 through 2014.…
Read MoreThe local housing market didn’t have the most single-family existing home sales in the East TN metro markets in May, but its growth rate was better than the other metros.…
Read MoreGRAY, Tenn. – During a time when demand for single-family rentals has outstripped supply, it seems counterintuitive that owners would dump their rentals. But according to courthouse records, that’s what’s…
Read MoreThe regional vacant land sales market has been sluggish so far this year. But the Northeast Tennessee Association of Realtors (NETAR) market tracker shows sales are picking up. The most…
Read MoreGRAY – Everyone knows Johnson City is the region’s top housing market. That’s a fact. But last month its 82 sales were second place to the 95 in Kingsport. Where…
Read MoreDespite some common public opinion, affordable housing is not another name for government assistance. The two primary formulas to gauge affordability are the financial model and the percentage of income…
Read MoreFlipped homes are an important part of the local housing market. They account for about 10% of existing home sales and half of them are always in the affordable and…
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