News

Feb 11, 2021
The announcement of Zillow purchasing Showingtime has unsurprisingly generated a lot of talk online and on social media platforms. KAAR certainly wants to encourage discussion and engagement, but we want to protect our members of the REALTOR family by reminding them they must refrain from making comments that are inconsistent with federal antitrust law. Antitrust lawsuits are typically high dollar and notoriously difficult to defend, not to...
Jan 28, 2021
Key Highlights Home sales increased in December — up 5.2% from the prior month and 30.1 percent from a year ago. The median home sales price was $241,00 in December — down 1.6% from November but up 15% from one year ago. Total housing inventory declined 34% in 2020 and months’ supply fell to 1.24 months — a 24-month low. Half of homes sold in December were on the market for less than 8 days. KNOXVILLE, Tennessee (January 28...
Jan 26, 2021
Are you a Rising Star ? Are you REALTOR® of the Year material? Do you know someone deserving to nominate? Then we want to hear from you! Nominations for the KAAR awards are open until Monday, February 8 at 5:00 pm. The 2020 awards will be announced in a special video presentation in February. Members can self-nominate or nominate their colleagues using this link.
Jan 25, 2021
Clyde Richard Bales "Dick Bales", with Coldwell Banker Commercial Wallace, passed away at the age of 84, on January 23, 2021. Dick had been a member of KAAR since 1977 and obtained his Real Estate Broker License in 1979. He was in the Commercial Real Estate business for 43 years, receiving many honors and rewards. In 1982, he started the Commercial Division of Volunteer Realty which is now Coldwell Banker Commercial Wallace. He was the President...
Jan 22, 2021
Linda Kelly contracted Covid while caring for her husband who had been diagnosed a few days earlier. She was admitted to the hospital, and soon after, her condition worsened and she was placed on a ventilator, which was two weeks ago.  Complications arose from the placement of the ventilator and a tracheotomy was performed to hopefully make her more comfortable. While she seems to be improving, she is still on a ventilator and has a long...
Jan 15, 2021
"Realtor.com’s top 10 housing markets for 2021 have substantial momentum from 2020 which they will carry into 2021. Still low mortgage rates throughout most of the year help these markets see price and sales growth on top of 2020’s high levels. Economic momentum from the thriving tech industry, coupled with healthier levels of supply, will position these markets for growth in 2021. This past year, we’ve all become more reliant on technology to...

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