June 10, 2018
Aaron Taylor 2018 NETAR President
Home sales are absorbing new listings almost as fast as they come on the market these days. And inventory is at a record low. But there's still a lot of buyer demand.  That means Northeast Tennessee has become a sellers' market. But it's not the kind of sellers' market portrayed in media reports. You know...
June 3, 2018
By AARON TAYLOR Our housing market crossed a threshold in April. For 31 of the past 36 months, there were more sales than the same months of the previous year. And April was another month where the local year-over-year sales growth rate outperformed both the Tennessee and national numbers. May 2015 is when the local market started the break-nick sales pace we have today. Since then average sales price of a single-family home has...
May 27, 2018
Aaron Taylor 2018 NETAR President
May is National Home Remodeling Month, a time of the year when many local homeowners daydream about sprucing up their homes to gain equity, resale value or simply add to the livability of their property. Hot housing markets in our area and throughout the South are expected to be the leading areas for...
May 20, 2018
By AARON TAYLOR The economic environment we're now enjoying here in Northeast Tennessee is favorable for more home sales than what we're seeing. The housing market, which led the region out of the Great Recession and remains a leading part of the economy, is still expanding but that expansion is throttled by lack of inventory.
Aaron Taylor 2018 NETAR President
May 13, 2018
Aaron Taylor 2018 NETAR President
By AARON TAYLOR A recent article by MarketWatch gained widespread attention earlier this month when it examined existing home listing prices in 10 metro areas. Prices were flat compared to last year, and the article's headlined asked if the housing boom is finally cooling? If you closely read the story, you'll get a...
May 6, 2018
By AARON TAYLOR Anyone watching real estate issues on Facebook has seen one of the posts heralding a home sale in less than a week. Behind the post is a Realtor® doing a happy dance. But the truth of the matter is those type deals are the exception - not the rule.
Aaron Taylor 2018 NTAR President
The Northeast Tennessee Assocaition of Realtors® (NETAR) Trends...