Latest news

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,”…

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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…

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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,”…

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March home sales increase, prices dip 

By Don Fenley / April 10, 2023

GRAY, Tenn. – NE Tenn. housing market went into spring selling and buying mode last month. Sales were up 43 percent from February while prices gave up a little ground. …

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Home sales, prices shrug off winter doldrums  

By Don Fenley / March 6, 2023

GRAY, TN – The Tri-Cities housing market began shrugging off its winter doldrums in February.    Sales reversed a seven-month decline and prices perked up after an eight-month stagnant stretch.   “Sales…

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Tri-Cities home prices up, sales tumble to pre-pandemic level 

By Don Fenley / February 6, 2023

GRAY, TN – Tri-Cities home prices defied predictions of big reductions in January while sales tumbled to pre-pandemic levels.   “December’s pending sales signaled another dip and that’s exactly what we’re…

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December home sales down 38%, prices up 4.6% 

By Don Fenley / January 6, 2023

GRAY, Tenn.–Tri-Cities area home sales continued a six-month decline in December while prices remained plateaued near record highs.  December’s report mirrors the annual market picture. Rapid mortgage rate increases that…

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Home sales down, prices up from last year 

By Don Fenley / December 6, 2022

GRAY, Tenn. – Tri-Cities area home sales were down for the fifth straight month in November. The price growth rate slowing also continued but not enough to cause a decline.…

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Tri-Cities area home sales down, prices flat 

By Don Fenley / November 7, 2022

GRAY, Tenn. – Spiraling mortgage rates continued squeezing Tri-Cities area home sales last month. Closings declined for the eighth straight month in October while prices were stubbornly flat.   “The market…

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Tri-Cities’ hot housing market shows some cracks   

By Don Fenley / September 6, 2022

GRAY, Tenn. – The Tri-Cities area’s red-hot housing market is beginning to show cracks. August sales were down from last year, and the sales price increased. But the trend is…

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