Latest news

Pending home sales post small seasonal gain

By Don Fenley / September 18, 2023

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…

Pending home sales decline for second month 

By Don Fenley / August 17, 2023

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…

Inventory is housings most pressing issue

By Don Fenley / August 12, 2023

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…

Pending home sales point to softer market

By Don Fenley / July 17, 2023

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…

May pending home sales take a breather    

By Don Fenley / June 20, 2023

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…

April Pending Sales Increase – Prices Pick Up Momentum    

By Don Fenley / May 18, 2023

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…

NE Tenn. Pending Homes Sales Up 16%    

By Don Fenley / March 17, 2023

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.…

Tri-Cities Area Pending Home Sales Up 36.6%

By Don Fenley / February 20, 2023

GRAY, TN – The groundhog predicted another six weeks of winter before spring, but the housing market is sending an opposite prediction. January’s new contracts for existing single-family home and…

Tri-Cities area pending home sales drop to 5-year low 

By Don Fenley / January 18, 2023

Tri-Cities area pending sales fell to a five-year low in December. Sellers accepted 421 new contracts, down 184 from November and 236 fewer than in December last year – a…

Tri-Cities pending sales continue declining in November 

By Don Fenley / December 21, 2022

GRAY, Tenn. – Tri-Cities area pending sales continued falling in November. Sellers accepted 605 new contracts, down 81 from October and 171 fewer than November last year, for a 22%…