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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…
Read MoreHomes 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…
Read MoreAugust’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,…
Read MoreMobile 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…
Read MoreNew 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…
Read MoreOne 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…
Read MoreThe affordable housing struggle has and continues to cloud a significant point. During the 12 months ending in mid August, 65% of all the homes sold in the Tri-Cities region…
Read MoreThe Tri-Cities Region added its 43rd $1 million plus home sale in July. That’s a 34.4% increase over sales during the first seven months of last year. There were seven…
Read MoreBuyers seeking affordable housing are increasingly turning to manufactures homes as a resource. July sales were 38% higher than last year and the median sales price was up 11.7%. According…
Read MoreNew home shoppers will see smaller home offerings until the housing affordability issue eases in the Tri-Cities. It’s one way builders are coping with the economic realities of the affordability…
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