Latest news

Sept. pending home sales decline    

By Don Fenley / October 18, 2021

After four months of flat performance, pending sales were down in September. Owners accepted 996 offers for single-family and condos – a decline of 103 from August.  After four months of flat performance, pending sales…

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Pending home sales growth rate slows

By Don Fenley / September 16, 2021

Homeowners accepted 1,099 offers for single-family and condo sales in August. It was the fourth month pending sales have been flat. Both the long and short-term trends have returned to the traditional pattern of seasonal slowing as…

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Pending home sales show signs of seasonal slowing   

By Don Fenley / August 16, 2021

Homeowners accepted 1,074 offers for single-family and condo sales in July.  It was the third month new pending sales have been flat. Both the long and short-term trends are beginning to soften as the market transitions…

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June Pending Home Sales Up from Last Year, Down From May

By Don Fenley / July 21, 2021

Homeowners accepted fewer offers for single-family and condo sales in June than they did in May. It’s the first time since February pending sales have declined from the previous month, and the second straight month…

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May pending home sales up 9.9 percent from April

By Don Fenley / June 21, 2021

Homeowners accepted an all-time high of 1,083 offers for single-family and condo sales in May. That’s a 9.9 percent increase from April and 23.2 percent higher than May last year.  Pending sales are a leading indicator of…

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Local housing market sees robust April pending sales

By Don Fenley / May 14, 2021

If you liked April’s home sales numbers, look for more of the same in May and June.  Homeowners accepted 985 offers for single-family and condo resales in April, setting the stage to continue a strong prime home buying and…

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March NE Tenn. pending home sales set new record

By Don Fenley / April 13, 2021

Homeowners accepted 983 offers in March, setting the stage for a strong opening to the prime spring home buying and selling season. March’s accepted offers – pending sales – is…

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Pending home sales up by double-digits for 10th month

By Don Fenley / March 15, 2021

Sellers approved 178 more offers in February than February last year. That’s a 27.1 percent increase, and the 10th straight month new pending sales have increased by double digits.  …

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Pending home sales report shows robust market

By Don Fenley / January 14, 2021

Sellers accepted 660 offers in December. That’s 200 fewer than during November but 155 more than December last year. “There is some month-over-month seasonal slowing, but it’s nothing to worry…

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Nov. pending home sales drop to 7-month low, still at robust level

By Don Fenley / December 23, 2020

The NE Tenn. – SW Va. housing market took a breather in November. Pending sales dropped to a seven-month low. But it wasn’t much of a slowdown. There were 860…

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