Latest news

Market watchers will need extra data tools this year 

By Don Fenley / January 8, 2023

There was a time when real estate market watchers could keep tabs on the time a home spent on the market before selling and the monthly pending sales report and…

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Washington, Hawkins counties’ real estate were standouts coming out of pandemic 

By Don Fenley / January 1, 2023

GRAY, Tenn. – Here’s a benchmarking look back at how the local real estate industry’s GDP looked coming out of the pandemic. GDP is the industry’s total economic output. The…

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Tri-Cities vacant land market slower, not in correction mode 

By Don Fenley / December 18, 2022

Tri-Cities vacant land sales are looking a lot like a market in a typical seasonal pattern. It’s not that much different from other real estate market elements like residential resales…

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Local high-end homes sales picking up activity 

By Don Fenley / December 11, 2022

It’s always interesting to compare the region’s high-end housing to the rest of the market’s performance. November wasn’t an exception because the high-enders are picking up activity as we near…

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Housing inventory takes on new significance  

By Don Fenley / December 4, 2022

GRAY, Tenn. – The Tri-Cities housing market is in an anxious state of equilibrium as it trudges through the last two months of the year. Mortgage rates have doubled with…

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Local condo sales slow, prices increase 

By Don Fenley / November 27, 2022

Local condo sales are slowing the same way single-family sales are slowing. And – just like their single-family cousins, condo prices have increased.  During the first 10 months of this…

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Housing market declining or stabilizing? 

By Don Fenley / November 20, 2022

GRAY, Tenn. – The housing market slowdown the media has been trumpeting for months is here. Tri-Cities home sales are down and tracking at a pre-pandemic level.  All the signposts…

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It’s still a sellers’ market, but buyers see more bargaining power 

By Don Fenley / November 13, 2022

Buyers are regaining some bargaining power as the local housing market continues slowly readjusting. Although sellers are not reducing their original listing prices yet, many are coming off the asking…

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Where are Tri-Cities area rentals concentrated? 

By Don Fenley / November 6, 2022

GRAY, Tenn. – The undisputed highest concentration of single-family rentals in the Tri-Cities region is in Bristol, Va.’s 24201 zip code. Current data list 4,550 rentals. That’s better than half…

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Investors having larger impact on Tri-Cities home sales

By Don Fenley / October 31, 2022

GRAY, Tenn. – Institutional investor activity in the Tri-Cities housing market has picked up to the point where there are enough sales to register on the quarterly ATTOM Data Solutions…

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