Latest news

New pending home sales softening

By Don Fenley / May 26, 2020

New pending sales declined in April as the local market reacted to the economic fallout from the coronavirus pandemic. There were 688 new contracts (pending sales) at the end of…

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How to make the best purchase offer in a seller’s market

By Kristi Bailey, President / May 24, 2020

You’ve worked with a REALTOR® to scour the listings, toured what feels like a million listings, and finally found it: the house you want to call home. The next step is…

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Realtor®-Client relationship more critical now than ever

By Kristi Bailey, President / May 17, 2020

By KRISTI BAILEY During these chaotic times, the single most crucial thing anyone planning to buy or sell real estate can do is to partner with the right REALTOR®.   Media…

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April home sales down 17.9%; sales price up 14.9%

By NETAR / May 14, 2020

In April, home sales were down by 17.9% in Northeast Tennessee. However, home prices increased by almost an equal percentage. According to the Northeast Tennessee Association of Realtors (NETAR), 543…

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The who, what, when and why of a home inspection

By Kristi Bailey, President / May 10, 2020

Homeowners who want to sell must give buyers a disclosure of the property’s known defects. Unless the buyer agrees to buy the property “as is,” one of the steps is…

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Realtors® Report That 77% of Potential Home Sellers are Preparing to Sell Following End of Stay-At-Home Orders

By NETAR / May 7, 2020

WASHINGTON (May 7, 2020) – More than 3 in 4 potential sellers – 77% – are preparing to sell their homes following the end of stay-at-home orders, with half completing do-it-yourself home…

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Days on Market a housing marketing tool and a market indicator

By Kristi Bailey, President / May 3, 2020

The Days on Market (DOM) metric that’s typically at the bottom of the Northeast Tennessee Association of REALTORS® (NETAR) Trends Report is more than just a data point. It’s a…

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Mortgage forbearance – the good and the not so good

By Kristi Bailey, President / April 26, 2020

There are so many housing market hot topics these days that you need a helicopter to say above them. One that’s of interest to homeowners and real estate professionals is…

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How to take the pulse of the housing market

By Kristi Bailey, President / April 19, 2020

The March housing numbers didn’t follow suit with the early coronavirus pandemic drama from other parts of the economy. In fact, sales and prices were pretty much what was expected.…

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A Quarter of Realtors® This Week Report Homes Coming Under Contract Without Buyers First Visiting the Property

By NETAR / April 16, 2020

WASHINGTON (April 16, 2020) – A quarter of Realtors® with clients putting contracts on homes this week had at least one do so without physically seeing the property, according to a…

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