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Tri-Cities pending home sales down for 4th month  

By Don Fenley / September 19, 2022

GRAY, Tenn. – One of the primary forward-looking monthly housing reports is down for the fourth straight month. Sellers accepted 868 new contracts, down 20 from July and 102 fewer…

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Tri-Cities area pending home sales reverse downward trend 

By Don Fenley / August 24, 2022

GRAY- Tenn. – Tri-Cities area pending homes perked up in July after three months of decline. Sellers accepted 888 new contracts. That’s 10 more than June and 64 fewer than…

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Tri-Cities area pending home sales down 10%  

By Don Fenley / July 25, 2022

Local pending homes declined for the third straight month in June. Sellers accepted 851 new contracts, down 27 from May and 10% fewer than June last year.  Pending sales are a…

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Pending home sales down for the second month 

By Don Fenley / June 16, 2022

A forward-looking housing market metric has flashed another declining sales signal for NE Tenn. – SW Va.   Sellers accepted 19 fewer contracts than they did in April and 62 fewer…

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Pending sales down, inventory shows slight increase 

By Don Fenley / May 20, 2022

Higher mortgage rates, the continued lack of inventory, declining affordability, and inflation took a bite out of April’s pending sales.   Sellers accepted 897 new contracts last month, down from 917…

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Pending sales surge as buyers rush to lock in low rates  

By Don Fenley / April 25, 2022

March’s pending sales were a replay of February when buyers rushed to lock in mortgage rates before the next increase. Sellers accepted 917 new contracts last month – 191 more…

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Feb. pending home sales reverse 5-month decline

By Don Fenley / March 18, 2022

February’s pending existing home sales reversed a five-month decline and pointed to what’s shaping up as an extremely competitive, slow-growing spring home buying and selling season.   Sellers approved 726 contracts…

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January pending sales down 10.9% from December

By Don Fenley / February 24, 2022

Pending home sales trended lower for the fifth straight month in January.   Sellers OK’d 684 contracts, down 84 from December and 41 fewer than January last year.   Pending sales are a…

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Pending home sales decline 21%

By Don Fenley / January 19, 2022

The number of pending existing home sales slid in December, as high prices and rising mortgage rates gave some buyers pause. Others clamored to get deals accepted before more anticipated…

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Pending home sales point to another record year

By Don Fenley / December 28, 2021

Pending home sales declined from the previous month for the third time in November as the market continued taking a breather from its frantic pace. Compared to last year, last month’s approved contracts point to another record year…

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