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.
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...
March 10, 2019
By KAREN RANDOLPH Rarely a day passes when a story about demographics does not show up in news feeds. Most of the time, Millennials are in the crosshairs. Many take satisfaction in knowing the oldest Millennials are nearing 40, but that is another story.
All this attention on generational preferences has special...
March 3, 2019
By KAREN RANDOLPH At one time or another, I suspect everyone has heard the adage that figuring out the local economy and housing market is simple. All you have to do is watch the events on the national level and wait six months.  If that were true, we could all sit back and take notes from the Wall Street Journal in June and wait for the same thing to happen here in January.
February 24, 2019
By KAREN RANDOLPH How about the mortgage rate Valentine’s Day gift? Rates fell to their lowest level since early 2018 according to Freddie Mac’s Primary Mortgage Rate Survey for the week ending Feb. 14.
The 30-year mortgage fixed rate averaged 4.37 percent for the week. This rate is slightly higher than last year –...
February 17, 2019
By KAREN RANDOLPH Have you ever heard someone say they rent because they do not want to be saddled with a mortgage?
Karen Randolph 2019 NETAR President
Think about it. Unless you are living rent-free with your parents, it does not make any difference whether you are buying or renting, you are paying for housing. As a homeowner, you can pay your mortgage...