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hhayes
Northeast Tennessee Association of Realtors

Is the housing market still up?

NETAR President Aaron Taylor credited January's market increases to higher interest rates on the horizon and continued strong demand in the 11-county region monitored by NETAR.

Feb 16, 2018 at 7:00 PM
hhayes
Northeast Tennessee Association of Realtors

Regional home sales post another billion dollar-plus year

Total residential resales, the average sales price and the total sales volume in dollars were the highest since 2008 when the NETAR began its monthly Trends Report. At the same time, single-family resales were joined by condominium and townhome resales for new annual highs. The average single-family price was at a nine-year high.

Jan 20, 2018 at 9:00 AM
hhayes
Northeast Tennessee Association of Realtors

NET home sales headed toward another record year

NETAR said there were 496 November single-family closings, up 35 from last year. So far, this year 5,777 single-family sales have closed, 165 more than during the first 11 months of last year. November’s condo-townhome closings totaled 50, up 23 from last year. So far, this year 545 condo sales have closed, up 109 from last year.

Dec 16, 2017 at 3:00 PM
hhayes
Northeast Tennessee Association of Realtors

Home prices down, sales up in NET

October's price drop is a reaction to the lack of inventory and buyer fatigue – especially in the $200,000 price range, according to NETAR President Eric Kistner. "Our market is still very much on track for another record year. But there are some headwinds building," Kistner noted.

Nov 16, 2017 at 8:00 PM
hhayes
Northeast Tennessee Association of Realtors

NE Tenn. home sales on track for record year

The Northeast Tennessee Association of Realtors reported the first half of the year saw some buyer fatigue driven by the protracted inventory shortage. 

Oct 17, 2017 at 6:45 PM
Tennessee state Sen. Mark Green, M.D., visits with Northeast Tennessee Association of Realtors (NETAR) President Eric Kistner before a NETAR membership meeting. Green’s leadership message included a point that ‘No one will give 100 percent to someone they don’t trust.’
hhayes
Northeast Tennessee Association of Realtors

Why you put 'we' before 'me'

Tennessee state Sen. Mark Green, a West Point graduate and former Army medic, wrote a book about interviewing the late Iraq leader Saddam Hussein the night of his capture.

Oct 16, 2017 at 8:30 AM
hhayes
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
hhayes
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
hhayes
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.'
hhayes
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.
hhayes
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
hhayes
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
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