Posts by Don Fenley
Tri-Cities pending home sales down 6.2%
Pending sales joined the jumbled January data report of a market struggling to find footing. New contracts posted a small gain from December but lagged last year’s performance. Consumer demand…
Read MoreExisting Home Market Tougher Than Last Year
January’s housing market is catching a lot of negative media. Sales are down from December. And prices were pretty weak compared to what locals are used to. In many ways…
Read MoreTri-Cities new home market off to a strong start
New home sales got off to a robust start in January. The average Tri-Cities area home sold was a tad bit larger than it was this time last year while…
Read MoreInventory tracking shows Greene Co. advantage
End-of-January inventory data from news and research company ResiClub Pro points to some market advantage developing in Greene Co. It’s keyed to an analysis of active listings and months of…
Read MoreTri-Cities pending sales up 2.7% in December.
December pending home sales were up on increases in the move-up and luxury home markets. Pending sales in the affordable market price range declined. Pending sales are a leading indicator of…
Read MoreHousing Market More Buyer-Friendly, Here’s Why
Tucked away in many of the current crop of media housing stories is a line that says the market is getting a little more buyer friendly. Most of the time,…
Read MoreTri-Cities Area New Home Sales Up 23%, Prices Down 18%
New homes sold last year in the Tri-Cities area were smaller than the year before and both the median and average sales prices declined. There were 741 new home sales…
Read More$1-million plus sales down, Dec. top sale at the Ridges
Top of the housing market closed the year with less than half of the sales of the previous year. There were 70 $1-million plus sales, down from 123 during 2023.…
Read MoreWill inventory spur an early start to the Spring home buying, selling season?
There is a chance that the Spring prime home buying and selling season will get an early start this year after the doldrums that consumed the last half of 2024.…
Read MoreNew home market moves toward 2025 with affordability focus
New home sales were down in Nov. and so were prices. Lower prices have been the norm since builders reduced the square footage of their products to increase affordability and…
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