There’s a noticeable sense of buyer energy in the market right NOW.

July showed us no surprises. The trends we have been seeing lately continued in July. While demand increased slightly over last year,...

June market snapshot shows home prices declining.

The demand for houses is slowing as inventory builds up.

Closings were down month-over-month but still up 12% from 2023, and while pending sales were flat in April, they’ve improved and remain higher than two years ago. The real shift is rising inventory — now at its highest April level since 2016 — which is expected to keep climbing and begin pressuring home prices, especially in outlying areas. This presents new opportunities for buyers and signals to sellers that now may be the ideal time to capitalize on peak equity.

Summary of January 2025 East Tennessee housing market.

Each quarter I prepare a summary of performance by county, zip code and price range. It’s a simple tool that can help you see and compare...

Each quarter I prepare a summary of performance by county, zip code and price range. It’s a simple tool that can help you see and compare...

The local real estate market remained solid in March as it continues to get back to a normal, pre-Covid market. The number of closed...

The last several months of speculation about lower inflation and interest rate cuts have been wrong. Inflation has remained stubbornly...

Here are the numbers (vs LY): Closings: DOWN 7% Inventory: UP 24% Median Sales Price: UP 9% Pending Sales: UP 3% Despite a debilitating...