GRAY – October was a month for small gains in the local housing market everywhere except the luxury market where pending sales doubled. New listings in the move-up market are…

GRAY, TN – Rising mortgage rates and low inventory combined with seasonality to push September’s pending home sales down 14 percent.  The effect will be a continuation of existing-home sales…

The local housing market saw a small seasonal pending sales uptick last month. They’ve increased in August in four of the last six years before arching lower as the market…

GRAY, TN – July’s pending sales and the Northeast Tennessee Associations of Realtors’ (NETAR) Pending Sales Index arced lower for the second straight month as the market moved past the…

Despite growing affordability concerns, the local housing’s biggest challenge is inventory. The situation can be summed up in a simple, short sentence. Home buying demand is high while housing continues…

GRAY, TN – Pending sales and NETAR’s Pending Sales Index point to a weaker market during what is typically the busiest months of the year. June’s pending home sales pace…

GRAY, TN – Pending sales took a breather last month after reaching a nine-month high in April. Sellers accepted 12 more contracts than the previous month and plateaued with nine…

GRAY, TN – April’s pending sales increased as the market slogged into the prime home buying and selling season. Last month they stood at an eight-month high after sellers accepted…

GRAY, TN – Pending homes sales make their second straight double-digit increase in February and there was a significant decrease in the time properties spend on the market before closings.…