News

April 21, 2019
By KAREN RANDOLPH Trying to explain the local housing market is tricky these days because we’re seeing conditions that even some of most senior real estate professionals have never seen before.
Karen Randolph 2019 NETAR President
For instance, consider the housing market’s version of March Madness.  Home sales were down compared to March last year.  But...
April 14, 2019
By KAREN RANDOLPH
KAREN RANDOLPH 2019 NETAR President
Housing affordability is getting attention in the media, and it has caught the eye of policy makers in Washington, D.C. The core issue was illustrated in the headline for Attom Data Solutions’ Q1 Housing Affordability Report. Their findings concluded the average wage earner could not afford a median-...
April 6, 2019
 By KAREN RANDOLPH Putting a fresh appeal on an older home can be a marketing challenge for some local sellers. The majority of Northeast Tennessee homes have some age on them. More than half (58 percent) of the homes in the three-county Johnson City metro area is 20 years old or greater. In the four-county Kingsport-Bristol metro area, the share of 20 years old or older homes is 69 percent....
March 31, 2019
By KAREN RANDOLPH Spring is the time of year when real estate professionals are busy preparing for the housing market's prime buying and selling season. It's also when they take the time to observe the 1968 anniversary of the Fair Housing Act. 
KAREN RANDOLPH 2019 NETAR President
This year the National Association of Realtors® (NAR) is also supporting...
March 23, 2019
By KAREN RANDOLPH Anytime a Realtor® is in a social or business gathering not dominated by other real estate professionals, they can depend on being asked, “How is the market?” I am happy to report the local market continues to outperform the state and East Tennessee markets.
KAREN RANDOLPH 2019 NETAR President
Our single-family resales were 14.1...
March 17, 2019
By KAREN RANDOLPH The number of Millennial homeowners is on the rise. Roughly one in three under 35 owned a home at the end of 2018, according to the Census Bureau. Good news, right? They are on their way to building equity and becoming part of the American tradition of homeownership, but there is another side to this story.
KAREN RANDOLPH 2019 NETAR President...

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