Latest news

NE Tenn. commercial real estate transaction down 11.7%

By Don Fenley / November 15, 2020

Office, industrial, vacant land deals weathering the storm —– October’s Commercial Real Estate Market posted a small transaction decline on the heels of its best two months this year. Compared…

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October home sales cool off, but still on record pace

By Don Fenley / November 9, 2020

Local home sales saw some seasonal softening, but it was not enough to pull the market off its record pace. “October sales dropped 13.7% from September, but were 11.5% better…

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Pending Home Sales Down for the Second Straight Month

By Don Fenley / October 21, 2020

New pending sales continued softening for the second consecutive month in September. That hints that while the market is still on a record sales pace, there is a little bit…

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September Northeast Tennessee Home Sales – Prices Surge to New Highs

By Don Fenley / October 15, 2020

The local housing market again surged into uncharted territory in September. Residential closings and the average sales price hit all-time highs while inventory and mortgage rates remained at all-time lows.…

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Northeast Tennessee’s Commercial Real Estate Market Slow Recovery Continues

By Don Fenley / October 13, 2020

In September, the commercial real estate market recorded another best month of the year, according to the Northeast Tennessee Association of Realtors (NETAR) monthly Commercial Real Estate Report. Transactions were…

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August pending home sales soften, still on record pace

By Don Fenley / September 23, 2020

New pending sales were down in August, but not by much. There were 962 new contracts (pending sales) at the end of the month – down from 980 in July.…

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NE TN home sales, prices continue increasing

By Don Fenley / September 17, 2020

Northeast Tennessee’s housing market continued its robust recovery for the initial COVID-19 economic shock in August. Home sales were up 9.4%, and the average sales price was an 8 %…

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Tri-Cities commercial real estate market better than what the data shows

By Don Fenley / September 15, 2020

August was the best month so far this year for Tri-Cities commercial real estate (CRE) transactions. Web traffic to local listings was also at a 2020 high. But, the number…

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Tri-Cities commercial real estate has best month so far this year

By Don Fenley / September 14, 2020

  August was the best month for Tri-Cities area commercial real estate (CRE) so far this year. The transactions total equaled last August’s performance, and listing traffic was at its…

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July pending home sales set new area high point

By Don Fenley / August 26, 2020

New pending sales set another high point for the NE Tennessee housing market in July. There were 980 new contracts (pending sales) at the end of the month – up…

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