Archive for May 2026
Johnson City office market stays tight as the nation digs out
Office vacancy in the Johnson City MSA held at 2.3% so far this year. It’s roughly 15 percentage points below the national rate. The local market never fell into the…
Read MoreThe Silent Destroyers of Homes
It’s hard to believe the year is passing so fast. Now that Memorial Day is behind us, we can reflect on the fact that we’re on the threshold of the…
Read MoreEast Tennessee Housing Market Snapshot
The Northeast Tennessee housing market continued to hold its affordability advantage while posting one of the stronger growth rates in East Tennessee. The region recorded 761 home sales, up 12.6%…
Read MoreMARKET PULSE – $1 Million Plus Sales Post Strong Rebound
The Tri-Cities luxury market recorded nine $1 million plus sales in April. It was a big reversal from the sales volume in March and April a year ago. There were…
Read MoreA Tri-Cities Homeowner’s Guide to Summer Energy Savings
We’ve enjoyed moderately pleasant weather so far this spring. But the reality of a Northeast Tennessee summer is just around the corner. Summers are getting hotter, humidity hangs in the…
Read MoreApril Tri-Cities Pending Home Sale up 12.2%
The Tri-Cities real estate market is heating up. The Northeast Tennessee Association of Realtors (NETAR) forward-looking indicator that’s based on contract signing rose 12.2% in April. There were 918 new…
Read MoreApril New Home Sales Make Sharp Upturn
The Tri-Cities new home market posted a sharp gain in April. Minus one sale for $1 million plus, sales jumped 64%, and the median price rose 16%. So far this…
Read MoreLocals A Big Part of Pent-Up Housing Demand
Much of the focus on who’s buying homes is on newcomers. New Census population estimates affirm that the Tri-Cities is still getting a steady stream of them, but there’re not…
Read MoreMid-Month Count Shows Strong April Housing Market for Tri-Cities
The Tri-Cities region had a strong April. Buyers and sellers closed 757 deals, and the median sale price reached $288,000. That combination of rising volume and rising prices says the…
Read MoreSeller Concessions A Constant; Price Cuts Variable
Seller flexibility has become a structural feature of the Tri-Cities housing market. That’s the signal in 13 months of concession and price reduction data tracking April 2025 through April 2026…
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