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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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Housing pending sales surge to second-highest level this year

By Don Fenley / November 20, 2020

Pending sales surged to a three-month high in October. Sellers accepted 965 new contracts (pending sales), up from 921 in September. October’s pending sales are at a 17.3% increase in…

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Pending Home Sales Down for the Second Straight Month

By Don Fenley / October 21, 2020

New pending sales continued softening for the second consecutive month in September. That hints that while the market is still on a record sales pace, there is a little bit…

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August pending home sales soften, still on record pace

By Don Fenley / September 23, 2020

New pending sales were down in August, but not by much. There were 962 new contracts (pending sales) at the end of the month – down from 980 in July.…

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July pending home sales set new area high point

By Don Fenley / August 26, 2020

New pending sales set another high point for the NE Tennessee housing market in July. There were 980 new contracts (pending sales) at the end of the month – up…

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June NE Tenn. pending home sales stay on a hot market pace

By Don Fenley / July 20, 2020

New pending sales increased in June. It was a small increase from May’s total, but it was a clear signal the market is not cooling off. There were 889 new…

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