Existing home sales continue their slow decline in May. So far this year, they have declined by an average of 0.4% per month even as more new residents continue moving here. That’s a trend calculated on sales for the 12-month… Read More ›
According to the Northeast Tennessee Association of Realtors (NETAR) vacant land prices are holding up well in market that is slowing from last year’s torrid pace. April area sales were down 15.7%. Pending sales were down 1.6%. Active listings were… Read More ›
Higher mortgage rates, the continued lack of inventory, declining affordability, and inflation took a bite out of April’s pending sales, according to the Northeast Tennessee Association of Realtors (NETAR). Sellers accepted 897 new contracts last month, down from 917 in… Read More ›
Tri-Cities area homeowners continue benefiting from rising home prices. Attom Data Solutions’ current Home Equity & Underwater Report shows the share of equity rich mortgaged properties almost doubled from last year. And the number of homeowners who owed more than… Read More ›