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Northeast Tennessee Association of Realtors

Regional home sales post 12th straight increase

NETAR said there were 593 closings on single-family resales in the 11-county region monitored by its Trends report, up 0.3 percent from August last year. The average sales price was $172,215, up 15.4 percent from last year and the highest August price since 2008.

Updated Sep 18, 2017 at 3:19 PM
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Northeast Tennessee Association of Realtors

NETAR: Pending sales contracts still on record pace

"We've seen the number of single-family, town home, and condominium with accepted offers increase at the rate of 700-plus a month since March," said NETAR President Eric Kistner.

Updated Aug 31, 2017 at 12:18 PM
hhayes
Northeast Tennessee Association of Realtors

Local home prices still trending upward

Home sales in the Tri-Cities region held steady against a tight inventory in July while prices scored their 11th straight year-over-year gain, according to a Trends Report released Wednesday by the Northeast Tennessee Association of Realtors.

Updated Aug 16, 2017 at 4:16 PM
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Northeast Tennessee Association of Realtors

New contracts for home sales flatten out

NETAR's Pending Home Sales Report shows 797 new approved contracts at the end of July, down three from the previous month. A Realtor Property Resource count of the total new contracts lists 1,142 waiting for closings. That's 50 more than in May and 248 more than there were in June last year.

Jul 31, 2017 at 5:45 PM
hhayes
Northeast Tennessee Association of Realtors

NETAR: Home prices hit nine-year high

June's average sales price was $179,691, up $14,184 from June last year. It was the highest monthly average since 2008 and the 10th straight month of year-over-year increases. The mid-year average was $165,832, up 5.1 percent from the first six months of last year. June's mid-year price average was the highest since 2008.

Jul 17, 2017 at 8:30 PM
Former Tennessee Lt. Gov. Ron Ramsey told NETAR members: 'I'll be working for you.'
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Ron Ramsey

What will be Ramsey’s next job? Lobbying

Former Tennessee Lt. Gov. Ron Ramsey, a Realtor and auctioneer, said he’s been hired as a member of the Nashville-based Farrar and Bates law firm headed up by his old friend, Tennessee Association of Realtors lobbyist Russ Farrar.

Updated Jun 23, 2017 at 9:22 AM
Hagan Stone, chairman of the National Association of Realtors Political Action Committee, said preserving the mortgage interest deduction is the most important thing to the real estate industry today.
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Realtors Political Action Committee

What Realtors got out of Washington

Hagan Stone, who is a Nashville Realtor, recently returned from a lobbying trip with local Realtors to Washington, D.C. where they were assured the Mortgage Interest Deduction will survive budget cuts another year and that the National Flood Insurance Program would be renewed, even if it was going to be a temporary renewal.

Jun 17, 2017 at 4:00 PM
hhayes
Northeast Tennessee Association of Realtors

Home sales prices move higher

The Northeast Tennessee Association of Realtors (NETAR) reported on Thursday that the average home sales price increased for the ninth straight month in May. "Prices were 4.3 percent higher during the first five months of this year than last year. That is an average increase of $6,634," NETAR President Eric Kistner said in a prepared release. In contrast, NETAR said last year's annual price increase was 2.3 percent.

Jun 15, 2017 at 7:30 PM
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Money

NETAR: Home listings tighten, prices rise

"Increasing sales and a tight inventory are pushing listing and sales prices," NETAR President Eric Kistner said. The average increase is not as much as those reported in some metro areas, but it's better than what we've seen in the past couple years, he added.

May 31, 2017 at 9:15 AM
hhayes
Northeast Tennessee Association of Realtors

Tight inventory pushes home prices up

NETAR said the housing markets in Kingsport and Bristol, Tenn., are “price increase standouts” so far this year. The average home price in Kingsport during April was $166,167, up $26,130 over the same period in 2016. In Bristol, Tenn., it was $143,343, up $16,545.

May 17, 2017 at 9:00 PM
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Northeast Tennessee Association of Realtors

NETAR: March pending sales indicate hot market

NETAR President Erick Kistner said the pace of newly accepted offers should result in robust closing reports in the first months of the market’s peak season.

Updated Apr 25, 2017 at 3:18 PM
hhayes
Northeast Tennessee Association of Realtors

NETAR: Housing market came back strong in March

The Tri-Cities housing market roared back in March after a lackluster February, the Northeast Tennessee Association of Realtors reported on Monday. According to NETAR's Trends Report, there were 526 closings in March, 99 more than March last year and 189 more than February. 

Apr 17, 2017 at 7:00 PM
hhayes
Northeast Tennessee Association of Realtors

NETAR: February home sales down slightly

The Tri-Cities regional housing market's record-setting sales pace “just hiccuped,” according to a monthly report released Wednesday by the Northeast Tennessee Association of Realtors.

Mar 15, 2017 at 6:30 PM
hhayes
Northeast Tennessee Association of Realtors

NETAR: Region's home sales still on a record pace

NETAR said consumer confidence is high, despite concerns about higher mortgage rates, and while sales are showing year-over-year gains, the growth trend is slowing.

Feb 21, 2017 at 3:47 PM
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