Latest news

Local Land Sales Slowing Down, But Not Prices 

By Don Fenley / May 23, 2022

Vacant land prices are holding up well in a market that is slowing from last year’s torrid pace.  April area home sales were down 15.7%. Pending sales were down 1.6%.…

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Local land sales slowing down, but not prices 

By Don Fenley / May 22, 2022

Vacant land prices are holding up well in a market that is slowing from last year’s torrid pace.  April area sales were down 15.7%. Pending sales were down 1.6%. Active…

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Cash sales picking up as market begin shifting 

By Don Fenley / May 15, 2022

Cash sales are increasing in the local market as they are nationwide. But unlike the national tenor, they are not setting all-time highs.  Last month NE Tenn. – SW Va.…

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NE Tenn. housing market shift showing up 

By Don Fenley / May 8, 2022

Uncertainty took a toll on NE Tenn. home sales last month. April’s sales were down 18 (2.2%) from March and down 58 (6.5%) from April last year. Year-to-date sales were…

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Local luxury home sales still booming 

By Don Fenley / May 1, 2022

The local hyper-competitive housing market has raised the benchmark for just about all existing home sales categories. Luxury homes sales are no exception.   And the market for properties in the…

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March land sales up, down from last year

By Don Fenley / April 24, 2022

March was one of those months when real estate reports were in the up and down mode across the region. Vacant land sales were up 21% from the previous month…

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Rents skyrocket – apartments a hot commercial property asset 

By Don Fenley / April 17, 2022

Local rents are increasing at a rate almost four times the inflation rate in Elizabethton to 2.5 times inflation in Kingsport, Greeneville, and Bristol. The Johnson City rate is slightly…

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Which homes sold above and below list price by loan source 

By Don Fenley / April 10, 2022

A change in mortgage rates always moves this market. The March increased to the 4% plus ranges, and outlooks say more are on the way, was no exception. It was…

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How 2021 population, housing growth rates compare 

By Don Fenley / April 3, 2022

Last month, new Census data provided a base to compare some regional annual population gains to home sales and prices growth rates.   Only four of the counties monitored by NETAR…

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Here’s what local data says about foreclosure market 

By Don Fenley / March 27, 2022

 Are foreclosures really on the rise?  You bet they are, but not here in the Tri-Cities region.   The wave of new filings is in Chicago, New York, Los Angeles, Houston,…

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