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Posts by Don Fenley

MARKET PULSE – $1 million plus home market tightens, sellers show stronger price discipline

By Don Fenley | May 18, 2025

The Tri-Cities $1-million plus housing market is showing signs of tightening. There was one closing in April. That’s five fewer than last year.   Last month’s top sale was $1.2…

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New construction, relocation demand drives Washington Co. pending home sales up 4.7%

By Don Fenley | May 14, 2025

Pending home sales in Northeast Tennessee continued to signal resilient buyer local interest despite ongoing affordability challenges and tight inventory. The year-over-year volume has softened slightly, as has the overall…

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MARKET PULSE – Home sales hot spots – Bluff City, Blountville, Piney Flats

By Don Fenley | May 11, 2025

The Tri-Cities housing market exhibited continued modest strength in April, characterized by rising prices and an increase in consumer demand. The demand increase is not reflecting in the sales comparison…

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MARKET PULSE – April Mobile Home Prices Decline, Sales Increase

By Don Fenley | May 4, 2025

The mobile home market broke the trend line of softer sales and higher prices in April. Sales were up from last year while prices declined. Buyers had more options and…

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MARKET PULSE: Tri-Cities Q1 new home sales, prices increase; builders pulling more permits

By Don Fenley | April 27, 2025

Despite high mortgage rates, whiplash tariffs news with accompanying stock market gyrations, Tri-Cities new home sales increased 8% during the first quarter of this year. And prices are creeping up.…

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Pending home sales, inventory, new listing increase in March

By Don Fenley | April 25, 2025

Pending home sales, inventory, and new listing increased in March. The increases capped a lackluster start to the new year and signaled a more active prime home buying and selling…

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MARKET PULSE – $1.4 million Gray sale leads Tri-Cities robust luxury market

By Don Fenley | April 20, 2025

Flagging consumer confidence may be driving fewer home sales and softer prices in the broader housing market, but not in the Tri-Cities luxury market. First quarter $1 million plus sales…

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MARKET PULSE – Tri-Cities becomes a moderating seller’s market

By Don Fenley | April 14, 2025

Tri-Cities sellers continue to benefit from favorable housing market conditions, but things are changing. Here’s what’s driving the change. Increasing inventory and diminished demand are two of the top reasons…

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Downward pressure on home prices noted, but they’re still increasing

By Don Fenley | April 6, 2025

At the end of March, Tri-Cities active inventory was up 29.2% from last year. A noteworthy improvement, but 11% less than it was in its next best year (2020). That…

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Townhome sales plummet 38.9%, prices up 15%

By Don Fenley | March 31, 2025

While single-family homes sales continue their early spring lackluster performance last month, their numbers look pretty good when compared to the townhome/condo market. February’s home sales were down 14.1%, according…

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Recent Posts

  •  Stability returns to Tri-Cities luxury home market
  • How To Mitigate The No. 1 Threat To Your Home 
  • MARKET PULSE- June housing market up; middle market pressure dulls average sales price
  • It’s time to double-down on your local housing market IQ
  • MARKET PULSE – Sellers increasing home price reductions

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