Posts by Don Fenley
Housing market perks up – Sullivan prices drop
February’s housing market perked up with wide price and sales swings as buyers and sellers jockeyed for position in the early prime buying and selling season. Regional single-family existing home…
Read MoreMARKET PULSE – Don’t overlook mobile home market demand
Mobile homes used to be the undisputed red-headed stepchild of the housing market, but that’s changing. Last year, there were 513 mobile home sales in the counties the Northeast Tennessee…
Read MoreMARKET PULSE – FHA loans gaining market share of home sales
With all the changes that have rippled through the housing market, one that is often overlooked is financing. While there are few big changes in how buyers are paying, when…
Read MoreCommercial Real Estate Inventory Perks Up, Transactions at 3-Year Low
There was a sign of new life in the local commercial real estate (CRE) market last month. Inventory and new listings increased while total sales and lease transactions dropped to…
Read MorePending sales up, new life stirs in affordable housing market
Pending sales point to a recovery from January’s lackluster market performance. And they’re not the only thing looking up in a market seeing softer demand. There was a pending sales…
Read MoreMARKET PULSE – Condo/townhome market off to a slow start
Market Pulse 2-18 Condominium sales got off to a slow start last month. They matched last year’s performance, but were down 22% (six sales) from December. So was the $201,153…
Read MoreMARKET PULSE – $1 million housing market off to good start
The regions’ million-dollar home sales club kicked off 2024 with four sales. It would have been six, but two dropped below the $1 million mark when owners reduced their asking…
Read MoreJan. City-Community Home Sales Analytics
January home sales retreat, prices up 8.6%
GRAY – January’s housing market saw some rollercoaster price swings while sales continued retreating to pre-pandemic levels. Most price swings resulted from skews driven by luxury home sales as hopes…
Read MoreMarket Pulse – Improved housing market eyed to help boost local economy
One area of the housing market that doesn’t get a lot of public attention is its role in the economy. Local governments generate significant tax revenue from real estate transactions,…
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