Trends

Trends

November 16, 2016
Existing home sales made a double-digit gain in October and with two months to go are only 135 closings from last year's annual total. Northeast Tennessee Association of Realtors (NETAR) President Marsha Stowell said October was the 18th straight month of year-over-year resale increases in the 11-county region monitored by NETAR's Trends Report. 12 of those months were double-digit gains. "This has been an extraordinary sales year. Every month...
October 17, 2016
September single-family existing home sales
Sept. home sales continue brisk pace despite seasonal slowing, tight inventory Northeast Tennessee home sales slowed but maintained a brisk pace in September. According to the Northeast Tennessee Association of Realtors' (NETAR) Trends Report, there were 534 closings on previously owned, single-family homes last month compared to 495...
October 9, 2016
August new pending sales in the 11 counties monitored by the Northeast Tennessee Association of Realtors® Trends Report picked up from a slight decrease in July and increased 9.9% (70 sales) from July's total. The August total, 773, is 38% higher than August last year.  July's new pending sales were 6% higher than July last year. Year-to-date, the August pending sales count is 21.3% higher than the first eight months of last year. Nationwide...
October 9, 2016
There were six more single-family homes closing, and both year-over-year comparison and the year-to-date trend were solid double-digit gains. New pending sales also increased in the 11-county region. At the same time, the year-over-year average sales price was down. Only one city market - Greeneville - had positive year-over-year closings and average price gains. The other six cities monitored by the Northeast Tennessee Association of Realtors...
October 9, 2016
Closings on Northeast Tennessee single-family home sales took a breather in July. The year-over-year gain was 5.4%, but they were 10.2% lower than June. So far this year the year-over-year closings have been up by double-digits in all but two months. Northeast Tennessee Association of Realtors President Marsha Stowell said the decline isn’t necessarily a red flag.  New pending sales in July remained strong, she said, but there was a slow-down in...
October 9, 2016
Northeast Tennessee's housing market posted its 14th straight month of record year-over-year sales in June. Closings on single-family homes were up 19.4% in a market feeling the pinch of tight inventories. Northeast Tennessee Association of Realtors president Marsha Stowell said June last year was the first month the local market recorded more than 500 closings. Last month's count was 106 higher.  "That's a strong market, and the mid-year sales...

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