Latest news

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…

Read More

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…

Read More

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…

Read More

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…

Read More

July 2023, Market Analytics

By Don Fenley / August 6, 2023
Read More

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…

Read More

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…

Read More

Luxury home sales spike in June

By Don Fenley / July 22, 2023

June was an exception to a luxury home market that has softened so far this year. Thirteen $1 million plus home sales closed last month in the NE TN –…

Read More

Buyers gaining ground, but it’s still a sellers’ market

By Don Fenley / July 15, 2023

GRAY – Mid-year market reports that show all but the affordable market is on the threshold of balanced market conditions begs the question: where’s the new buyer bargaining power showing…

Read More

June 2023 Market Analytics

By Don Fenley / July 8, 2023
Read More