Latest news

March sees strong growth for Tri-Cities commercial real estate

By Don Fenley / April 9, 2021

Tri-Cities commercial real estate saw its best month in over a year in March. Transactions were up 71.9 percent in the wake of a dramatic increase in office sector activity.…

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Pending home sales up by double-digits for 10th month

By Don Fenley / March 15, 2021

Sellers approved 178 more offers in February than February last year. That’s a 27.1 percent increase, and the 10th straight month new pending sales have increased by double digits.  …

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Local commercial real estate gains momentum

By Don Fenley / March 11, 2021

Commercial real estate (CRE) gained some local momentum in February. Transactions were up from January. Year-to-date transactions were better than the first two months of last year. And listing traffic…

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Local home prices up 27% in February

By Don Fenley / March 8, 2021

Home prices soared 27.3 percent in February, while sales in the inventory-starved NE Tenn. – SW Va. market were up 9.3 percent. “It’s a crazy, red-hot market,” Northeast Tennessee Association…

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Tri-Cities commercial real estate continues slow recovery

By Don Fenley / February 8, 2021

The Tri-Cities’ commercial real estate (CRE) market continued eking out a slow recovery in January despite continued economic challenges. Transactions and new listings were up from last year, and the…

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Housing market posts double-digit increases

By Don Fenley / February 4, 2021

The NE Tenn. – SW Va. housing market stayed on a double-digit increase pace last month.    “January usually isn’t one of the stronger housing months, but this market is…

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Pending home sales report shows robust market

By Don Fenley / January 14, 2021

Sellers accepted 660 offers in December. That’s 200 fewer than during November but 155 more than December last year. “There is some month-over-month seasonal slowing, but it’s nothing to worry…

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Tri-Cities 2020 commercial real estate transactions up

By Don Fenley / January 11, 2021

     Office, industrial, vacant land deals were market’s leaders It wasn’t a big increase, but during a year that saw the worst crash since the Great Depression, the local commercial…

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The local housing market just posted its best-ever year

By Don Fenley / January 7, 2021

December was one of the best-ever months for the local housing market, and it closed the books on one of the best-ever years for sales and price heights. “It was…

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Nov. pending home sales drop to 7-month low, still at robust level

By Don Fenley / December 23, 2020

The NE Tenn. – SW Va. housing market took a breather in November. Pending sales dropped to a seven-month low. But it wasn’t much of a slowdown. There were 860…

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