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The regional condominium/townhome market mirrors much of the existing home resales but with at least one notable exception. Listings are spending much less time on the market than single-family homes.…
Read MoreVacant 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…
Read MoreCash 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.…
Read MoreUncertainty 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…
Read MoreThe 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…
Read MoreMarch 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…
Read MoreLocal 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…
Read MoreA 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…
Read MoreLast 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…
Read MoreAre 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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