Archive for March 2026
MARKET PULSE: Mobile Homes Sales Up; Price Gains Modest
Tri-Cities mobile home sales were up 33% from last year, according to the Northeast Tennessee Association of Realtors (NETAR). There were 37 sales, up from 28 last year. Data from…
Read MoreDemographics, Pace of Newcomers Defining Tri-Cities Housing Market
The Tri-Cities housing market is increasingly being shaped by a deeper structural reality than inventory levels, mortgage rates, affordability concerns, or artificial intelligence. It’s happening on three levels. An aging population is holding the market…
Read MoreTri-Cities Holds Affordability Edge; Regional Markets Show Diverging Growth Paths
The Northeast Tennessee Association of Realtors (NETAR) market continues to distinguish itself as the region’s affordability anchor while keeping pace with broader demand trends seen in Knoxville and Morristown. The…
Read MoreMARKET PULSE: Feb. $1 Million+ Home Sales Down 50%
Premium residential market sales were down 50% in February. There were four $1 million-plus sales compared to eight during the same month last year. February’s top of the market sale…
Read MoreFirst Step for Spring Marketing is Snappy Curb Appeal
Two months of data isn’t exactly solid ground for trend identification, but it offers some insights into how the pre-prime season Tri-Cities housing market is performing. Petroleum prices hikes because of the Iran war have tapped the brakes on some of…
Read MoreRegion posts broad gains as Kingsport, Johnson City lead market activity
Home sales across the Tri-Cities region rose 11.8% in February compared to the same month a year ago, with 532 transactions recorded as buyer activity picked up across most community…
Read MoreFebruary Pending Home Sales up 3.2%
Tri-Cities pending home sales edged higher in February, rising 3.2% year-over-year to 609 signed contracts, compared with 590 last year. Pending sales are a leading indicator of housing activity based…
Read MorePrice Reductions, Concessions Remain a Home Sales Fixture
Almost half of the homes that sold in February did so after an average $30,367 price reduction. And 63% of the homes that sold followed concessions that averaged $17,1676. Both…
Read MoreScammers Are The Rental Market’s Ugly Side
Higher Tri-Cities rents have become the norm. A current report from ATTOM Data Solutions, a national provider of real estate research, says 3-bedroom homes in Sullivan and Washington counties are…
Read MoreLand Sales Lead Feb. Tri-Cities Commercial Transactions
Land sales are driving Tri-Cities commercial real estate transactions. The February data suggests that the local commercial market continues to be shaped by development-related land purchases, repurposing existing properties, and…
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