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Pricing realism drives home price reductions, concessions
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Pricing realism drives home price reductions, concessions
November’s Tri-Cities housing market performance delivered one of the clearest signals yet that the region has entered a more disciplined, buyer-aware phase.A total of 225 home sales in the primary NE TN counties monitored by the Northeast Tennessee Association of Realtors (NETAR) closed after a price reduction. That placed the month in the upper tier of this year’s price-reduction activity. While not the annual high, November remained well abov…
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