News

December 1, 2019
By KAREN RANDOLPH   
KAREN RANDOLPH 2019 NETAR President
OK, so the nation’s largest home builder – D.R. Horton – is developing homes in the Piney Flats area, and reportedly picking up lots in other locations. The Tri-Cities has historical been a spec-home market – one where the norm was custom homes. Horton’s success is not custom or luxury homes but...
December 1, 2019
By KAREN RANDOLPH   
KAREN RANDOLPH 2019 NETAR President
OK, so the nation’s largest home builder – D.R. Horton – is developing homes in the Piney Flats area, and reportedly picking up lots in other locations. The Tri-Cities has historical been a spec-home market – one where the norm was custom homes. Horton’s success is not custom or luxury homes but...
November 24, 2019
By KAREN RANDOLPH   
KAREN RANDOLPH 2019 NETAR President
From a market perspective, it is all downhill from here. The ebb and flow of seasonal patterns indicates home sales will soften for the next two months while prices will see a November bump then settle down. That pattern has played out in years past, but if nothing else, the last two years have proven that today’...
November 17, 2019
By KAREN RANDOLPH   
KAREN RANDOLPH 2019 NETAR President
may come as a surprise to some but according to the most current Census housing reports, homeownership cost burdens in the seven-county Tri-Cities region’s two Metropolitan Statistical Area (MSA) have declined from what they were before the Great Recession. It is surprising because average home...
November 10, 2019
By KAREN RANDOLPH   
KAREN RANDOLPH 2019 NETAR President  
New FHA financing rules for condominiums intended to open the door to more affordable housing are now in place. The National Association of Realtors® (NAR) indicates the new rules satisfy many of the changes the association has backed for more than a decade. Here is how Realtor® Magazine...
November 3, 2019
By KAREN RANDOLPH    
KAREN RANDOLPH 2019 NETAR President
All too often the public perception of real estate is one-dimensional. The residential side of the business gets most of the attention. But there’s more to the real estate story. Commercial real estate is critical to the local economy even if it’s not in the spotlight. The Northeast Tennessee...

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