Archive for April 2026
Tri-Cities Multifamily Market Cools: Vacancy Up
The Tri-Cities multifamily market posted a mixed fourth quarter in 2025, with rent growth decelerating sharply and vacancy rates rising in both metro areas tracked by the National Association of…
Read MoreMARKET PULSE – New home sales down 6%, prices up 9%
The Tri-Cities new home market closed Q1 2026 with fewer sales but higher prices. There was also a sharp change in where those homes are being built. Volume fell to…
Read MoreNETAR Awards Recognize The Local Best of The Best
A high point at the Northeast Tennessee Association of Realtors® (NETAR) spring membership meeting was the announcement and presentation of the association’s top awards. It was a recognition of the association’s best and brightest. Some of this…
Read MoreCommercial Real Estate Transactions Slip in Q1 as Land Deals Cool
Commercial real estate transactions declined 4.6% in the first quarter of 2026 compared to the same period a year earlier. A pullback in land and industrial deals drove most of…
Read MoreQ1 Tri-Cities Home Sales Shift Toward Affordable, Move-Up Markets
Home sales across the Tri-Cities region rose 9.3% in the first quarter of 2026, with growth concentrated in the affordable and move-up price segments while entry-level and luxury tiers lost…
Read MoreTri-Cities Home Sales Post Modest March Gain as Move-Up Market Surges; Luxury Segment Shows Deepening Seller Concessions
Home sales in the Tri-Cities region rose 6.2% in March, driven by a sharp 25.0% jump in the move-up market. At the same time, luxury market sales continued to decline,…
Read MoreMARKET PULSE: Buyers Get Price Breaks Before the Deal, At Closing Table
Almost half of the homes that sold in the Tri-Cities last month, 42.5%, had price reductions. That’s a slight uptick from 42.4% last year. Sellers are still reducing the original…
Read MoreApril is about the changing of the seasons and focus on Fair Housing Act
Two of the major events each April are the changing of the seasons and recognition of the Fair Housing Month. Spring has sprung in the Tri-Cities, and we’re dealing with the typical unpredictable weather and an…
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