THE NATIONWIDE SLUMP IN HOME SALES CONTINUES. THE NATIONAL ASSOCIATION OF REALTORS REPORT THAT PENDING HOME SALES HAVE DROPPED BY 13 PERCENT COMPARED TO LAST MAY. HOWEVER, LOCAL REALTORS IN NORTHEAST TENNESSEE AND SOUTHWEST VIRGINIA SAY THAT TREND HAS NOT FILTERED DOWN TO OUR REGION YET. THE REASON – REALTOR RICK ANDERSON CREDITS PEOPLE USING THE INTERNET TO SEACH OUT INFORMATION.
CART… ANDERSON
THE VIRGINIA REALTOR’S ASSOCIATION SAYS HOMES IN THE AREA, ON AVERAGE, ARE ON THE MARKET FOR 128 DAYS.