Posts by Don Fenley
Nov. Tri-Cities Area Pending Sales Down 0.8%
Pending sales were down 0.8% across the Tri-Cities region in November and the Northeast Tennessee Association of Realtors (NETAR) Pending Sales Index dropped one point point below where it was…
Read MoreMARKET PULSE – Nov. top sale was Mountain City home and farm
Million dollar plus sales dropped to their lowest level this year in November. There were three sales, down from eight during November last year. The top sale was in Mountain…
Read MoreMARKET PULSE – Tracking County-level Inventory, Time on Market
Inventory and the time a property sits on the market before selling are key housing metrics that savvy buyers and sellers tack. The regional days on market in November 79…
Read MoreMARKET PULSE – New home sales up, prices down
October new home sales were up 30% from last year while the median sales price was down 10.4%. Builders closed on 64 new homes for a median price of $348,398.…
Read MoreMARKET PULSE – 2.5% of region’s housing stock second homes, airbnb rentals
They’re a housing element all-unto themselves that often gets little attention in the broader conversation about housing in the Tri-Cities region. According to Census and web services counts there are…
Read MoreOct. Pending Home Sales down 6.9%
Pending sales were down 6.9% across the Tri-Cities region in October and the Northeast Tennessee Association of Realtors (NETAR) Pending Sales Index dropped to a nine-month low. Pending sales are a…
Read MoreMARKET 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.…
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