Latest news

Aug. pending home sales flat

By Don Fenley / September 20, 2024

August pending sales were down 0.1% from last year and the Northeast Tennessee Association of Realtors (NETAR) Pending Sales Index settled was flat for the fourth straight month. Sellers accepted…

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July pending home sales flat

By Don Fenley / August 21, 2024

July pending sales were flat as the housing market entered a third quarter of rising inventory and declining mortgage rates. Sellers accepted 176 new contracts, 34 fewer than the previous…

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June pending home sales flat

By Don Fenley / July 23, 2024

June’s pending sales were flat on the heels of a 20% decline in home sales. Sellers accepted 796 new contracts, one fewer than the previous month, and 42 more than…

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New contracts point to flat home sales

By Don Fenley / June 25, 2024

Pending home sales increased 2% from last year as the local housing market neared the peak of the prime home buying and selling season, according the to Northeast Tennessee Association…

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Move-up, luxury markets push April pending home sales higher 

By Don Fenley / May 16, 2024

The Tri-Cities area housing market continues a slow, steady gain as it moves into the second quarter. The Pending Sales Index, which benchmark to a pre-pandemic level, is up 8.9%.…

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Pending home sales up 15% on more high-end contracts

By Don Fenley / April 19, 2024

Pending sales jumped 15.1% in March on a 113.3% increases in the number of new contracts in the top bracket of the move-up market. Although demand – as monitored by…

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Pending home sales up spring forward

By Don Fenley / March 19, 2024

It’s official. Spring in here, and pending home sales are perking up from January’s lackluster performance. They’re not the only thing looking up in a market seeing a lot of…

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Pending sales up, new life stirs in affordable housing market

By Don Fenley / February 19, 2024

Pending sales point to a recovery from January’s lackluster market performance. And they’re not the only thing looking up in a market seeing softer demand. There was a pending sales…

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Pending home sales increase – workforce-affordable, move-up, luxury markets up

By Don Fenley / January 18, 2024

GRAY – Pending sales increased during December, pointing to a stronger evolving housing market.  Accepted contracts in all three sub-markets were higher also than last year. The Northeast Tennessee Association…

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Pending sales increase 8% – affordable, move-up, luxury markets up

By Don Fenley / December 18, 2023

Pending sales were up 8% from Nov. last year following a 1% increase in Oct. The Northeast Tennessee Association of Realtors (NETAR) Pending Sales Index, which benchmarks the market to…

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