Newsroom
Welcome. The RCAR Newsroom is designed for members of the media seeking real estate market updates for the Cleveland area and 5 surrounding counties, including home sales statistics, as well as general news from RCAR and information about the area REALTORS®. Reporters, editors and other members of the media should direct all requests and inquiries to the RCAR CEO via phone at 423.476.5912 or by email at Lisa@RiverCounties.com.Disclosing Other Offers on Homes for Sale
Ethics and Professionalism By: Diane Disbrow *Share with permission from REALTOR Magazine As a listing agent, am I required to disclose that I already have offers on the property to any agent who wants to show my listing or any buyer who wants to see my listing? ©...
Home Prices, Bidding Wars Withstand Sliding Sales
By: Melissa Dittmann Tracey *Shared with permission from REALTOR Magazine There’s some encouraging news in NAR’s latest housing report, though sales of existing home are still falling amid economic uncertainty. © Grace Cary - Moment/Getty Images Home sales continued...
What Happens When Mortgage Rates Break 7%?
NAR Chief Economist Lawrence Yun paints a picture of what could happen with borrowing costs once it passes a critical threshold. October 21, 2022 Mortgage Financing By: Melissa Dittmann Tracey *Shared with permission from REALTOR Magazine © Phiwath Jittamas -...
2022 Fall Home & Garden Contest Now Live
https://rivercounties.com/leadership-hub/community-outreach-committee/2020-fall-home-garden-contest/
Announcing the Slate of Nominees | 2023 RCAR Board of Directors
2023 President Elect Kevin Walters - Pratt Homes (Bradley County) 2023 Treasurer Kelli Paul - Bender Realty (Bradley County) 2023 Secretary Radley Lockmiller - Southern Homes (McMinn County) Director (term ends 2024) The person with the most overall votes will...
Inflation comes in hotter than expected, mortgage rates soar.
Despite slower CPI growth, experts believe the Fed will continue pursuing hawkish policy.
The new home sales recession continues
From Housing Wire Higher rates have created 10.9 months of supply August 23, 2022, 4:59 pm By Logan Mohtashami Tuesday’s new home sales report missed expectations and had negative revisions, which isn’t surprising given this sector of our economy simply can’t handle...
House Passes Flawed Inflation Reduction Act
The House today approved the Inflation Reduction Act of 2022, legislation that NAHB opposes because it fails to ease inflationary pressures on housing and contains troublesome new building and energy code requirements that could raise the cost of housing for home...
Common home styles and types of houses
Common home styles and types of houses jhorrocks/Getty Images Written by David McMillin Edited by Michele Petry Reviewed by Jeffrey Beal House types by design structure Single-family home When you think of buying a house, you may be picturing a single-family...
Home prices to fall in these 210 housing markets—while these 204 markets will go higher
BY LANCE LAMBERT August 1, 2022 at 5:27 AM EDT If you wet your beak in the real estate biz, there’s a good chance this already feels like a personal recession. Spiked mortgage rates—which saw the average 30-year fixed rate jump from 3.1% to 5.3% this year—have...