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There were two $1 million plus sales last month. Both were more about the land than the homes. At the same time, overall luxury home market made a strong rebound…
Read MoreMobile homes used to be the undisputed red-headed stepchild of the housing market, but that’s changing. Last year, there were 513 mobile home sales in the counties the Northeast Tennessee…
Read MoreWith all the changes that have rippled through the housing market, one that is often overlooked is financing. While there are few big changes in how buyers are paying, when…
Read MoreMarket Pulse 2-18 Condominium sales got off to a slow start last month. They matched last year’s performance, but were down 22% (six sales) from December. So was the $201,153…
Read MoreThe regions’ million-dollar home sales club kicked off 2024 with four sales. It would have been six, but two dropped below the $1 million mark when owners reduced their asking…
Read MoreThere’s a slow, but broad shift in 2024 housing market outlooks and it falls in line with the Tri-Cities regional on-the-ground fundamentals. Realtor.com’s economic division headlined a report that “The…
Read MoreThree million dollar plus residential sales closed in December, bringing the Tri-Cities area annual top-of-the market residential sales total to 59. Last year’s top sale was in Kingsport for $4.4…
Read MoreOne of the first things that pops out when reviewing how existing home sales were financed last year is the share of cash sales wasn’t as great as the attention…
Read MoreThe U-Haul Growth Index has been welcome news in the Tri-Cities since the pandemic. That was especially true in 2020, when the Tri-Cities area was at the top of state…
Read MoreHousing analysts expect 10,408 Tri-Cities area residents will return to the market if mortgage rates settle at 6.5% in 2024. The two included charts from the National Association of Realtors…
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