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Tri-Cities area pending home sales drop to 5-year low 

By Don Fenley / January 18, 2023

Tri-Cities area pending sales fell to a five-year low in December. Sellers accepted 421 new contracts, down 184 from November and 236 fewer than in December last year – a…

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Tri-Cities pending sales continue declining in November 

By Don Fenley / December 21, 2022

GRAY, Tenn. – Tri-Cities area pending sales continued falling in November. Sellers accepted 605 new contracts, down 81 from October and 171 fewer than November last year, for a 22%…

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Pending home sales down 28%  

By Don Fenley / November 16, 2022

GRAY, Tenn. – Tri-Cities area pending sales continued declining for the sixth straight month in October. Sellers accepted 683 new contracts, down 116 from September and 272 fewer than September…

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Pending home sales decline for fifth month

By Don Fenley / October 17, 2022

Pending home sales declined for the fifth straight month in September. Sellers accepted 752 new contracts, down 116 from August and 115 fewer than September last year.     Pending sales are a…

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Tri-Cities pending home sales down for 4th month  

By Don Fenley / September 19, 2022

GRAY, Tenn. – One of the primary forward-looking monthly housing reports is down for the fourth straight month. Sellers accepted 868 new contracts, down 20 from July and 102 fewer…

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Tri-Cities area pending home sales reverse downward trend 

By Don Fenley / August 24, 2022

GRAY- Tenn. – Tri-Cities area pending homes perked up in July after three months of decline. Sellers accepted 888 new contracts. That’s 10 more than June and 64 fewer than…

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Tri-Cities area pending home sales down 10%  

By Don Fenley / July 25, 2022

Local pending homes declined for the third straight month in June. Sellers accepted 851 new contracts, down 27 from May and 10% fewer than June last year.  Pending sales are a…

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Pending home sales down for the second month 

By Don Fenley / June 16, 2022

A forward-looking housing market metric has flashed another declining sales signal for NE Tenn. – SW Va.   Sellers accepted 19 fewer contracts than they did in April and 62 fewer…

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Pending sales down, inventory shows slight increase 

By Don Fenley / May 20, 2022

Higher mortgage rates, the continued lack of inventory, declining affordability, and inflation took a bite out of April’s pending sales.   Sellers accepted 897 new contracts last month, down from 917…

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Pending sales surge as buyers rush to lock in low rates  

By Don Fenley / April 25, 2022

March’s pending sales were a replay of February when buyers rushed to lock in mortgage rates before the next increase. Sellers accepted 917 new contracts last month – 191 more…

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