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New residents and how they affect the housing market still dominate public attention, but they take backseat to the organic demand from sidelined buyers who are already here. While we…
Read MoreCHICAGO (March 15, 2024) – The National Association of REALTORS® (NAR) today announced an agreement that would end litigation of claims brought on behalf of home sellers related to broker commissions.…
Read MoreA couple of weeks ago, I had the honor of speaking to the Elizabethton Kiwanis Club. It’s a fairly common request because people are interested in what the housing market…
Read MoreIt looks like mortgage rates may pump the brakes on an expected robust early start to the spring home buying and selling season. The weekly 30-year fixed-rate mortgage rate average…
Read MoreThere’s a good chance home inspections will increase on the existing home sales headache list this year. They rank right up there with appraisals. Both can push deals back to…
Read MoreThere was a sign of new life in the local commercial real estate (CRE) market last month. Inventory and new listings increased while total sales and lease transactions dropped to…
Read MoreTwo major third-party housing reports were a marketing boosts for the local housing market in January. The first was from the Wall Street Journal-Realtor.com Emerging Markets Index. The Johnson City metro…
Read MoreRegardless of how much faith – or lack of it – you have in Punxsutawney Phil’s powers of predicting weather extremes are exerting a new effect on housing. At the…
Read MoreWASHINGTON (February 8, 2024) – More than 85% of metro markets (189 out of 221) registered home price increases in the fourth quarter of 2023 as the 30-year fixed mortgage…
Read MoreOne area of the housing market that doesn’t get a lot of public attention is its role in the economy. Local governments generate significant tax revenue from real estate transactions,…
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