Tri-Cities Real Estate Market Update | August 2021

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Like last month, August appears to show some signs that the Tri-Cities real estate market might be cooling off for buyers. For over a year now – since the COVID-19 pandemic began – the decrease in availability of homes has caused single-family home prices to increase dramatically. While this has caused some buyers to wait out the high cost of homeownership, many haven’t had a choice, either due to personal or professional obligations. With calling Johnson City #5 of the Top 10 Hottest Markets in the Country, it’s no surprise that some want to wait until the market equalizes. Until then, those looking to buy in today’s market need to be represented by knowledgeable and qualified REALTORS┬« that understand the in’s and out’s of real estate contracts. There are numerous ways that buyers can leverage contract verbiage to win the deal. At Red Door Agency, we have helped dozens of clients successfully navigate the purchase of their new home. Contact us today to learn how we can help.

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About the Author

Vance moved back to the Tri-Cities from Nashville, TN in 2020 where he worked in sales development for a Silicon Valley technology start-up. Before this, Vance worked in retail management for over ten years.

While Vance has lived all over the country, he attended East Tennessee State University for his undergraduate degree in Integrated Marketing Communications. He graduated Magna Cum Laude and with special honors from the College of Business and Technology. Vance went on to pursue his Masters in Digital Marketing from ETSU while working for Target as a store manager in the Knoxville/Chattanooga/Nashville markets.

In his spare time, Vance enjoys traveling (12 countries and counting!), and loves spending time outdoors with his dog, Miles, hiking, biking, kayaking, and camping. He is also an avid motorcyclist and loves spending the weekends riding through the Blue Ridge and Great Smoky mountains.

With his background in sales and customer success, Vance is determined to redefine the customer journey of home buying and selling to ensure that Red Door and its agents are the region's destination for real estate.

Awards & Designations

Google Certified Professional: Analytics & AdWords