Latest news

MARKET PULSE – Home Prices Up; It’s a Busy Spring Market

By Don Fenley / June 8, 2026

The Tri-Cities is at the peak of the spring housing market, and despite what you may have read the market isn’t being driven by home values posting their biggest drop…

MARKET PULSE: Tri-Cities Housing, More Homes, Same Fast Market

By Don Fenley / June 1, 2026

April brought good news for the Tri-Cities housing market. Buyers got more choices, but not enough to tip the scales. Expect a tight, fast-moving market through early summer. The real…

April New Home Sales Make Sharp Upturn

By Don Fenley / May 18, 2026

The Tri-Cities new home market posted a sharp gain in April. Minus one sale for $1 million plus, sales jumped 64%, and the median price rose 16%. So far this…

Seller Concessions A Constant; Price Cuts Variable

By Don Fenley / May 9, 2026

Seller flexibility has become a structural feature of the Tri-Cities housing market. That’s the signal in 13 months of concession and price reduction data tracking April 2025 through April 2026…

MARKET PULSE – Q1 Townhome Sales Flat; Demand Cools

By Don Fenley / April 27, 2026

The Tri-Cities townhome market posted nearly flat overall sales volume in the first quarter of 2026. Buyers took longer to commit, the forward pipeline is thinning, and prices are moving…

MARKET PULSE – Sharp Decline in the $1-Million Plus Housing Market 

By Don Fenley / April 20, 2026

The Tri-Cities high-end housing market is navigating a classic high-price, low-velocity environment. So far there have been fewer sales. But those who have bought are paying more, and more of…

MARKET PULSE – New home sales down 6%, prices up 9%

By Don Fenley / April 11, 2026

The Tri-Cities new home market closed Q1 2026 with fewer sales but higher prices. There was also a sharp change in where those homes are being built. Volume fell to…

MARKET PULSE: Buyers Get Price Breaks Before the Deal, At Closing Table

By Don Fenley / April 4, 2026

Almost half of the homes that sold in the Tri-Cities last month, 42.5%, had price reductions. That’s a slight uptick from 42.4% last year. Sellers are still reducing the original…

MARKET PULSE: Mobile Homes Sales Up; Price Gains Modest

By Don Fenley / March 29, 2026

Tri-Cities mobile home sales were up 33% from last year, according to the Northeast Tennessee Association of Realtors (NETAR). There were 37 sales, up from 28 last year. Data from…

February Pending Home Sales up 3.2%

By Don Fenley / March 18, 2026

Tri-Cities pending home sales edged higher in February, rising 3.2% year-over-year to 609 signed contracts, compared with 590 last year. Pending sales are a leading indicator of housing activity based…