Latest news

Why home prices are so hot – is it a bubble?

By Kristi Bailey, President / May 16, 2021

April home sales are running well above pre-pandemic levels. Put comparisons to last year aside because they are what real estate professionals call a “bad comp.” It’s a comparison of today’s vibrant market to one that…

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Competition Drives Homes to Fastest-Ever Sales Pace

By Kristi Bailey, President / May 9, 2021

Homes are selling in record time. The time on market has declined every month this year, and we’re barely into the prime home buying and selling season.  The median time on market in April was…

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Real estate is at the core of the region’s economic recovery

By Kristi Bailey, President / May 2, 2021

 Almost everywhere you look, there’s evidence of a Northeast Tennessee economic revival.  Employers are hiring.  Restaurant parking lots are crowded. Sales tax collections are up. And the local real estate…

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Market Pulse – April 26

By Don Fenley / April 26, 2021

The overall NE Tenn. housing market is hot, hot, hot. But so far this year luxury homes are the hottest of the hot. They have outpaced the growth rate for affordable and mid-price range homes by far thanks to the…

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Buying is a better decision than renting

By Kristi Bailey, President / April 25, 2021

Increasing prices and an inventory crunch drive more discussions about the merits of renting over buying a home.  Buying is both cheaper and a better wealth-building option. Here is why.  Renting a three-bedroom home will average $1,040 out of a family…

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News reports say more termite infestations are being found

By Kristi Bailey, President / April 18, 2021

According to news reports, 2021 is a year for discovering termite infestations. Inspections related to increased home sales could be a factor. Another is people have been spending more time…

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Smaller housing submarkets on top first-quarter stats

By Kristi Bailey, President / April 11, 2021

Last year demanded a radical new normal for doing business in the housing market. REALTORS® adapted and became leaders for those new best practices. This year, they will do the…

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Local home sales, prices set a blistering pace

By Don Fenley / April 5, 2021

The Tri-Cities area housing market isn’t waiting for the peak spring buying and selling season. March home sales hit a six-month high while the average price in the inventory-starved region…

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Prepping for this year’s prime house selling and buying season

By Kristi Bailey, President / April 4, 2021

There are still some contrarians who think the housing market will crash this year. That’s unlikely. The experts look for an 8 percent price increase this year. That’s down from…

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REALTORS® celebrate fair housing commitment

By Kristi Bailey, President / March 28, 2021

Spring is the time of year when real estate professionals are busy with the beginning of the housing market’s prime buying and selling season. It’s also when they take the…

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