News

October 20, 2019
By KAREN RANDOLPH    
KAREN RANDOLPH 2019 NETAR President
It is a hard, cold fact of life that the Tri-Cities area housing inventory and the region’s demographic have a lot in common. A good portion of both are getting a little long in the tooth. In fact, 28 percent of the homes in the four-county Kingsport-Bristol Metropolitan Statistical Area (MSA)...
October 13, 2019
By KAREN RANDOLPH         
KAREN RANDOLPH 2019 NETAR Presiden
Last week’s Middle Tennessee University’s Q2 Housing Report was another indicator of how well the Tri-Cities housing market is performing. The Kingsport-Bristol Metropolitan Statistical Area (MSA) outperformed the other nine Tennessee MSAs when compared to Q2 last year. The MSA comprises...
October 6, 2019
By KAREN RANDOLPH   
KAREN RANDOLPH 2019 NETAR President
Last week we did something new at the Northeast Tennessee Association of Realtors® (NETAR). With some sponsorship help from Eastman Credit Union, we conducted our first Rookie Roundtable. One more in on the calendar for our Rookies this year. NETAR members attend mandatory orientation and complete...
September 29, 2019
By KAREN RANDOLPH
KAREN RANDOLPH 2019 NETAR President
Closing costs are an all-too-common surprise for homebuyers. Their focus was on getting a good deal, planning for the down payment and a myriad of other things that come with real estate transactions. Getting a grip on closing costs is and should have a place in the planning to ward off closing costs...
September 22, 2019
By KAREN RANDOLPH
KAREN RANDOLPH 2019 NETAR President
It was inevitable the average single-family resales price would break the $200,000 mark this year. Increasing demand and an ever tighter inventory have shifted the supply-demand gears toward higher prices. With the exception of Johnson City, all local primary city markets had strong year-over-year...
September 15, 2019
By KAREN RANDOLPH Here is a puzzle that has some housing market watchers scratching their heads.
KAREN RANDOLPH 2019 NETAR President
What is driving four years of record-setting single-family homes sales, pushed the average sales price to an all-time high and created a market where 4 months of inventory has replaced the 10 to the 11-months local norm?...

Pages