How much – if any – is today’s existing home sales overpriced is a question on the minds of buyers, sellers, and real estate professionals.  It’s a question that will remain unanswered…

Inventory has joined price as a closely watched housing market item. What’s on the market has been steadily declining since 2013. It moved to shortage status late last year, but a silver lining to that cloud is developing.  Early this…

In 1995 National Homeownership Week began as a strategy of President Bill Clinton’s administration to increase homeownership across the nation. In 2002, President George W. Bush expanded the observance to…

There is no argument that navigating today’s real estate market is complicated. So, it’s easy to see why buyers and sellers are always looking for ways to make things less difficult. Especially when a property’s price is the issue.  A popular concept that is overused and frequently…

Reports about high prices and the lack of inventory shutting first-time buyers and those looking for affordable homes out of the market are common these days. There’s another side to that story that hasn’t gotten as…

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…

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…

 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…

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…

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…