Posts by Don Fenley
Inventory 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…
Read MoreMobile Home Sales Stagnant, Prices Up
Mobile home sales were stagnant last month, but the effects of a slower market were as clear as they were with stick-built homes. There were 43 sales, down one from…
Read MoreNov. 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…
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