Recent Posts - page 2
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Greeneville home sales trend increases; better newcomer data needed
One advantage of looking at 12 months of home sales data ending every month is a better trend picture. Here are a couple of examples from June’s analysis: Greeneville is the only Tri-Cities regional housing market with an increasing average… Read More ›
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Tri-Cities area high-end housing sizzles despite headwinds
While there is some softness in overall existing home sales, the local $500,000 and above existing market continues booming. Last month there were 101 sales. That is more than twice the number sold in May last year. And sales have… Read More ›
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Tri-Cities area pending home sales down for the second month
A forward-looking housing market metric has flashed another declining sales signal for NE Tenn. – SW Va., according to the Northeast Tennessee Association of Realtors. Sellers accepted 19 fewer contracts than they did in April and 62 fewer than May… Read More ›
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Local foreclosures, delinquency rates still at rock bottom
There were 25 mortgaged properties with foreclosure filings in May. That’s almost double the number from May last year and significantly fewer than what it has been during normal times. Delinquency and foreclosure rates are also down from last year…. Read More ›