Latest news

MARKET PULSE – Nov. top sale was Mountain City home and farm

By Don Fenley / December 15, 2024

Million dollar plus sales dropped to their lowest level this year in November. There were three sales, down from eight during November last year. The top sale was in Mountain…

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MARKET PULSE – Tracking County-level Inventory, Time on Market

By Don Fenley / December 8, 2024

Inventory and the time a property sits on the market before selling are key housing metrics that savvy buyers and sellers tack. The regional days on market in November 79…

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MARKET PULSE – New home sales up, prices down

By Don Fenley / December 2, 2024

October new home sales were up 30% from last year while the median sales price was down 10.4%. Builders closed on 64 new homes for a median price of $348,398.…

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MARKET PULSE – 2.5% of region’s housing stock second homes, airbnb rentals

By Don Fenley / November 24, 2024

They’re a housing element all-unto themselves that often gets little attention in the broader conversation about housing in the Tri-Cities region. According to Census and web services counts there are…

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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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