Latest news

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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NE Tenn. new pending home sales increase for May

By Don Fenley / June 22, 2020

As new pending sales for the local market rose in May, experts anticipate more significant growth in June and July.  There were 881 new contracts at the end of the…

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New pending home sales see a small increase in March

By Don Fenley / April 23, 2020

The economic fallout from the coronavirus pandemic did not have much effect on new contracts for residential resales in March. There were 798 new contracts (pending sales) at the end…

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Pending home sales cancellation rate may increase

By Don Fenley / March 20, 2020

There were about 1000 approved contracts for residential resales awaiting approval at the end of February, according to the Northeast Tennessee Association of Realtors’ (NETAR) latest report. Those contracts were…

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Pending home sales trend posts double-digit gain

By Don Fenley / February 27, 2020

The Tri-Cities pending homes sales trend posted a double-digit gain over January 2019, according to the Northeast Tennessee Association of Realtors (NETAR) Pending Sales Report. Pending sales are a leading…

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Pending home sales increase for a 2020 sellers’ market

By Don Fenley / January 27, 2020

Tri-Cities pending homes sales posted a small increase over November’s total while year-over-year and the moving average trend surged, according to the Northeast Tennessee Association of REALTORS® (NETAR) latest report.…

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