News

August 17, 2019
By KAREN RANDOLPH New listing is a metric that helps us determine supply/inventory. July’s housing market good news is - this metric increased during the first seven months of this year in all but one city market in the 11 counties monitored by the Northeast Tennessee Association of Realtors® (NETAR).
KAREN RANDOLPH 2019 NETAR President
However, seven...
August 11, 2019
By KAREN RANDOLPH When was the last time you heard some hushed conversation about the local housing market hot spots? The only thing that generates as much chatter is an aggressively priced home in a prime neighborhood that is getting ready to hit the market. But are there hot spots?
KAREN RANDOLPH 2019 NETAR President
You bet. There are hot spots for...
August 3, 2019
By KAREN RANDOLPH
KAREN RANDOLPH 2019 NETAR President
The National Association of Realtors® (NAR) and the Northeast Tennessee Association of Realtors® (NETAR) honored a Carter County real estate veteran during NETAR’s recent membership meeting at the Ron Ramsey Agricultural Center in Blountville.  During that meeting, which included the association’s...
July 28, 2019
By KAREN RANDOLPH
KAREN RANDOLPH 2019 NETAR President
Fannie Mae has lowered its last half of 2019 mortgage rate forecast for a 30-year fixed-rate mortgage. It dropped from 3.9 percent to 3.7 percent. At the same time, Fannie increased its expectation that home prices would grow to 5.4 percent, up from its previous forecast of 4.6 percent. The mortgage...
July 21, 2019
By KAREN RANDOLPH
KAREN RANDOLPH 2019 NETAR President
There were some eye-popping firsts in June’s Housing Market Report from the Northeast Tennessee Association of Realtors (NETAR). At the same time, the data has some subtle and not-so-subtle things to say about local market conditions and trends. The average price for a single-family resale was $188,...
July 14, 2019
By KAREN RANDOLPH  
KAREN RANDOLPH 2019 NETAR President
 News video showing homeowners coping with a series of strong earthquakes are a somber reminder of the constant and varied threats to housing. Last weekend the focus was on Ridgecrest California. It was the epicenter of a 7.1 earthquake and experts warn this is a sequence that will likely see more...

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