Posts by Don Fenley
MARKET PULSE – October top sale was in the Ridges
A 14-room home with 9,000 sq. ft of living space perched atop one of the highest points in the Ridges was October’s top sale. The five bedroom, six-bath home sold…
Read MoreMARKET PULSE – Mobile Home Market Sees Oct. Slowdown
October’s mobile home market is seeing the same lackluster performance as the stick-built market. Last month there were 54 sales, down 27% from 74 this time last year. The average…
Read MoreMARKET PULSE: Local Housing Markets Least Vulnerable to Declines
Despite the depth and breadth of housing data from the Northeast Tennessee Association of Realtors (NETAR) and CoreData a local cohort is waiting for the bottom to fall out of…
Read MoreMARKET PULSE – $2.9 Mllion Johnson City Sale Tops September’s Market
September’s top residential sale was in Johnson City. It was the 53rd million-dollar plus sale so far this year. The $2.9 million dollar sale was a 4-bedroom, 7,563 sq. ft.…
Read MoreRealtors® constantly increasing skills to match market demands
It’s that time of the year when the National Association of Realtors® (NAR) and the Northeast Tennessee Association of Realtors® (NETAR) set their sights on boosting their members eduction and…
Read MoreSept. pending sales up 16.9%
The shock of Hurricane Helene’s devastation and a hotly congested presidential election sucked some of the oxygen out of September’s housing market on a month-over-month comparison. Pending sales were down…
Read MoreMARKET PULSE – Here’s what it cost sellers the longer a home is on the market
National Association of Realtors® (NAR) Chief Economist Lawrence Yun recently wrote in a LinkedIn post that “It’s common knowledge that the longer a property is on the market, the larger…
Read MoreReports of housing rental scams in wake of Helene
The outpouring of aid to Hurricane Helene victims is restorative to our sense of community during an era of deep divisions. The list of collection sites for any and everything…
Read MoreMARKET PULSE – New home sales flat, sales price down
Tri-Cities residents bought 60 new homes in September, one fewer than last year. The homes were more affordable because they were smaller. Builders began reducing the size of their products…
Read MoreMARKET PULSE – Home prices hit yearly high; price reductions higher
Homes sold in September saw the largest yearly price increase so far this year. At the same time, sellers made the largest list price reductions of the year, and of…
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