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MARKET PULSE – October top sale was in the Ridges

By Don Fenley / November 17, 2024

A 14-room home with 9,000 sq. ft of living space perched atop one of the highest points in the Ridges was October’s top sale. The five bedroom, six-bath home sold…

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MARKET PULSE – Mobile Home Market Sees Oct. Slowdown

By Don Fenley / November 11, 2024

October’s mobile home market is seeing the same lackluster performance as the stick-built market. Last month there were 54 sales, down 27% from 74 this time last year. The average…

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MARKET PULSE: Local Housing Markets Least Vulnerable to Declines

By Don Fenley / November 3, 2024

Despite the depth and breadth of housing data from the Northeast Tennessee Association of Realtors (NETAR) and CoreData a local cohort is waiting for the bottom to fall out of…

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MARKET PULSE – $2.9 Mllion Johnson City Sale Tops September’s Market

By Don Fenley / October 28, 2024

September’s top residential sale was in Johnson City. It was the 53rd million-dollar plus sale so far this year. The $2.9 million dollar sale was a 4-bedroom, 7,563 sq. ft.…

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MARKET PULSE – New home sales flat, sales price down

By Don Fenley / October 14, 2024

Tri-Cities residents bought 60 new homes in September, one fewer than last year. The homes were more affordable because they were smaller. Builders began reducing the size of their products…

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MARKET PULSE – Home prices hit yearly high; price reductions higher

By Don Fenley / October 7, 2024

Homes sold in September saw the largest yearly price increase so far this year. At the same time, sellers made the largest list price reductions of the year, and of…

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MARKET PULSE – $2.2 million sale tops Aug. market

By Don Fenley / September 30, 2024

August’s top home sale was a $2.2 million Sullivan Co. lake house. The home features the amenities you would expect. There are four guest bedrooms and baths, and a separate,…

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MARKET PULSE – Mobile home sales down, prices make small increase

By Don Fenley / September 22, 2024

Mobile home sales were down in August while the median sales price was up. Sellers were reducing their price more than they were last year and concessions were higher. There…

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MARKET PULSE – Builders continue selling smaller new home for more money

By Don Fenley / September 16, 2024

New construction home sales in the area monitor by the Northeast Tennessee Association of Realtors (NETAR) were up 28.6% in August. And the size of those homes continued its downward…

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MARKET PULSE – Data affirms it’s a bipolar housing market

By Don Fenley / September 8, 2024

One of the most asked questions about housing these days is about direction. Are sales and prices set to say in the swoon mode, or has more inventory and lower…

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