By DON FENLEY TRI-CITIES, Tenn. – Real estate loans posted their biggest quarterly decline in 18 years during the third quarter. They now lag the previous quarter by 16.9% – their biggest quarterly decline in 18 years. Loans are also… Read More ›
REAL ESTATE
Housing resetting from crazy to normal market
By DON FENLEY GRAY, Tenn. – Area pending home sales declined for the sixth straight month in October. While that’s a sure sign that the FED’s effort to slow the housing market to reduce inflation is working putting the slowdown… Read More ›
Buyers get more bargaining power; sellers still have upper hand
By DON FENLEY GRAY, Tenn. – Buyers are regaining some bargaining power as the local housing market continues slowly readjusting. And although sellers are not reducing their original listing prices yet, many are coming off it to close a deal,… Read More ›
Tri-Cities housing market slows its roll – sales down, prices flat
By DON FENLEY GRAY, Tenn. – Spiraling mortgage rates continued squeezing Tri-Cities area home sales last month. Closings declined for the eighth straight month in October while prices were stubbornly flat, according to the Northeast Tennessee Association of Realtors (NETAR)…. Read More ›
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