Latest news

Rental market is tight, but vacancy rates vary

By Don Fenley / September 23, 2023

Does anyone have or know of a rental coming on the market rental? You don’t have to look hard to find rental requests on social media. It’s also common when…

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Number of cash home sales decline

By Don Fenley / September 16, 2023

There are not nearly as many cash deals for single-family homes this year, and they lost market share for the third straight month in August. Instead of trending slightly higher…

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August 2023 Market Toolkit

By Don Fenley / September 12, 2023
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House hacking trend alive and well in local market

By Don Fenley / September 8, 2023

House hacking isn’t just a big-city trend. It’s alive in the NE TN and SW VA region. Much of its effect is below the radar. It’s overlooked because the public…

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Would you rather have a new home or an existing home?

By Don Fenley / September 2, 2023

Buyers in today’s challenging housing market face a unique choice. Simply put, the stubborn lack of existing home inventory and stepped-up new home construction are presenting increasing examples of new…

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Odds for local home price drop not good

By Don Fenley / August 26, 2023

The housing market is in uncharted waters, and it’s throwing homebuyers for a loop. And the most recent top-down market analysis doesn’t offer much for locals. The latest wisdom:  it’s…

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Townhome sales down, trend remains strong

By Don Fenley / August 19, 2023

Townhome sales declined for the second month in July, but when compared to the rest of the residential sales market, their track record and trend line look strong. July’s overall…

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July 2023, Market Analytics

By Don Fenley / August 6, 2023
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Spotlight on cash sales, discounts for June’s local home sales

By Don Fenley / August 5, 2023

GRAY – Cash hasn’t lost its luster in this market of fewer sales and higher prices. During the second quarter, there were almost 700 cash sales. That’s 36% of all…

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Local vacant land sales down 24%, demand still strong

By Don Fenley / July 28, 2023

GRAY – The demand for vacant land in NE TN is strong, but total sales are down by 24 percent. According to the Northeast Tennessee Association of Realtors (NETAR) there…

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