Latest news

Local home prices post 4th double-digit annual increase

By Don Fenley / January 10, 2024

GRAY – Tri-Cities area home price stayed in the double-digit growth range last year while sales retreated to a pre-pandemic level. There were 548 closing in the counties monitored by…

Home sales decline settles, prices down

By Don Fenley / December 7, 2023

The downward arch of area home sales eased in November while prices declined for the second straight month. There were 600 closing in the Northeast Tennessee Association of Realtors (NETAR)…

Nov. 2023 Housing Market Analytics

By Don Fenley / December 7, 2023

How long will this last?

By Don Fenley / October 7, 2023

Buyers, sellers, and investors want to know how long the current housing market logjam will last. Unfortunately, there’s no single simple answer. There’s too many moving parts. Typically, a housing…

Sept. home sales continue decline, prices stable

By Don Fenley / October 6, 2023

The local housing market stayed fast with the trend of fewer sales and price stability in September. It was also a month with outliers rendering some eye-popping monthly price numbers.…

Home sales see small gain, prices make small dip 

By Don Fenley / September 12, 2023

Small changes were the hallmark of August’s housing market. Prices dipped slightly below July’s level but were 9 percent higher than last year. Sales eked out a small monthly gain…

August 2023 City-County Market Analytics

By Don Fenley / September 10, 2023

June home prices at new high, sales decline, market balances 

By Don Fenley / July 10, 2023

GRAY – Home sales continue their slow decline and prices hit a new high in June.   “We’re really beginning to see the transitioning of the market to a new normal,”…

May home sales lumber into peak buying, selling season 

By Don Fenley / June 7, 2023

GRAY. Tenn. – NE TN – SW VA housing market lumbered into the height of the prime home buying and selling season in May. There were more sales than during…

Local home sales decline, prices increase

By Don Fenley / May 8, 2023

GRAY – The 2023 Housing Market Restructuring continued in April with fewer local home sales and prices inching higher.   “The market is performing much the same it has for months,”…