Latest news

2020 a year of rapid change, new housing market records

By Kristi Bailey, President / December 13, 2020

By KRISTI BAILEY In a couple of weeks, we can close the books on the 2020 housing market. Sales and price appreciation are at an all-time high, according to November’s…

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Remodeling is an approach to get what you need and want

By Kristi Bailey, President / December 6, 2020

By KRISTI BAILEY Studies show that many buyers prefer a home 10 years old or less, but that may not always doable in today’s local market.   According to the latest…

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Days on market metric plays dual housing role

By Kristi Bailey, President / November 28, 2020

By KRISTI BAILEY There used to be a real estate rule of thumb that said during normal market conditions meant a six-month inventory of homes for sale, which we have…

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Home prices stay in the double-digit increase zone

By Kristi Bailey, President / November 21, 2020

By KRISTI BAILEY Local home prices have increased by double digits so far this year despite the pandemic, high unemployment, and a hotly contested presidential election. The area median year-to-date…

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It looks like housing market will have a hot winter

By Kristi Bailey, President / November 14, 2020

By KRISTI BAILEY The weather may be cooling off, but it looks like this will be a hot winter for the local housing market. The housing market continues to be…

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How to avoid closing costs sticker shock

By Kristi Bailey, President / November 8, 2020

By KRISTI BAILEY Closing costs are an all-too-common surprise for some homebuyers. Their focus was on finding their next home, getting a good deal, and the other things that come…

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Home Sales Price Increase as Growth Rate Slows

By Kristi Bailey, President / October 31, 2020

By KRISTI BAILEY The average Northeast Tennessee home sales price hit a new high in September. It was $218,438. That is 20.7% more than it was in September last year. …

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Housing Market and REALTORS® Sure and Steady in a Crazy Economy

By Kristi Bailey, President / October 24, 2020

By KRISTI BAILEY The local housing market has hit lots of new benchmarks this year, and there will likely be a few more before the end of the year.  It…

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Now is the time to ensure a killer lawn next year

By Kristi Bailey, President / October 19, 2020

A couple of weeks ago, we devoted this space to winterizing your home so you could enjoy all a Northeast Tennessee autumn has to offer.  There’s one more item that…

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It’s an unbelievable good housing market, here’s why

By Kristi Bailey, President / October 10, 2020

By KRISTI BAILEY Housing is currently the brightest spot in our economy. As strange as it may sound, one reason for that is COVID-19. It has altered some fundamental ways…

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