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June Pending Home Sales: A Market of Contrasts

By Don Fenley / July 25, 2025

June’s pending home sales showed a market that is both resilient and constrained. While new contracts that sellers accepted climbed 5.3% from a year ago, they retreated 5.6% from May’s…

New construction, relocation demand drives Washington Co. pending home sales up 4.7%

By Don Fenley / May 14, 2025

Pending home sales in Northeast Tennessee continued to signal resilient buyer local interest despite ongoing affordability challenges and tight inventory. The year-over-year volume has softened slightly, as has the overall…

Pending home sales, inventory, new listing increase in March

By Don Fenley / April 25, 2025

Pending home sales, inventory, and new listing increased in March. The increases capped a lackluster start to the new year and signaled a more active prime home buying and selling…

Pending home sales point to sluggish market; outlooks downgraded

By Don Fenley / March 24, 2025

Pending sales perked up in February. They were 16.3% better than January’s lackluster year opener. But they lagged last year’s performance by 2.3%. The forward-looking market indicator synced with sagging…

Tri-Cities pending home sales down 6.2%

By Don Fenley / February 19, 2025

Pending sales joined the jumbled January data report of a market struggling to find footing. New contracts posted a small gain from December but lagged last year’s performance. Consumer demand…

Tri-Cities pending sales up 2.7% in December.

By Don Fenley / January 27, 2025

December pending home sales were up on increases in the move-up and luxury home markets. Pending sales in the affordable market price range declined. Pending sales are a leading indicator of…

Nov. Tri-Cities Area Pending Sales Down 0.8%

By Don Fenley / December 16, 2024

Pending sales were down 0.8% across the Tri-Cities region in November and the Northeast Tennessee Association of Realtors (NETAR) Pending Sales Index dropped one point point below where it was…

Oct. Pending Home Sales down 6.9%

By Don Fenley / November 21, 2024

Pending sales were down 6.9% across the Tri-Cities region in October and the Northeast Tennessee Association of Realtors (NETAR) Pending Sales Index dropped to a nine-month low. Pending sales are a…

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…

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…