CORE DATA

Tri-Cities home listings get mixed February report, region sees small increase – some markets down

By DON FENLEY Existing home sale listings increased 1.4% in the Tri-Cities during February when compared to January listing. Individual city and county markets are a different story. Almost half of the drill-down count shows a month-to-month decrease in the number of home listed for sale. The largest portion comes in the smallest markets. Here’s […]

Home flips in Sullivan, Washington, Greene counties higher than U.S. Q4 portion

By DON FENLEY The portion of home flips to all home sales were more prevalent in Washington, Sullivan and Greene counties during the fourth quarter than there were on the national  level. Sullivan and Washington counties also had a higher average return on investment than the national average when compared to Q4 a year ago. […]

Johnson City MSA new home sales, avg. price down

By DON FENLEY New home sales in the Johnson City MSA were down in November when compared to the same month the previous year. So was the average price and average mortgage. According to report from Builder Magazine and Metrostudy, new home closings totaled 67 in the 12 months ending in November, down from 80 […]

all-cash

Sullivan Co. leads area in all-cash home sales, institutional investor purchases

By DON FENLEY Sullivan County all-cash home sales and institutional purchases lead the Tri-Cities again in 2014. According to RealtyTrac’s year-end report, cash sales have steadily increased since 2011 in most Tri-Cities counties with Sullivan and Washington County leading the way. Shifting to institutional sales shows a little softer market. While there has a slight […]

jan 2015

Kingsport-Bristol knocks Jan. sales tax collections out of the park

By DON FENLEY Kingsport-Bristol sales tax collections knocked it out of the park in January with the highest year-over-year improvement in Tennessee. It was also the second time in the past year when the year-over-year improvement for the Model City was in double digits. Here’s how NE Tennessee MSA collections looked compared to January last […]

Kingsport-Bristol – Johnson City MSA home sales down in Jan.; prices improving in Feb.

By DON FENLEY Home sales in both Tri-Cities MSAs were off to a weak start in January, according to NETAR’s Trends Report and the average price performance wasn’t anything to write home about. But prices improved three weeks into February, according to Realtor.com. The Trends Report shows 120 closing in Kingsport-Bristol, down 0.7% from January. […]

Kingsport sq ft

Median Kingsport home size up, Johnson City down

By DON FENLEY The current Kingsport version of the American dream is a little bigger while it’s smaller in Johnson City. That assessment is benchmarked by the median square footage of new homes in the region’s two primary city markets. Although there were almost double the number of single-family homes permitted in Johnson City last […]

Kingsport-Bristol new home sales flat, cost per sq. ft. only increasing metric

New home sales were flat in October, according to the current update by Builder Magazine and Metrostudy. During the 12-month period ending in October there were 55 new home closing in the four-county Kingsport-Bristol MSA. Only one data point in the update was higher than October 2013. The average price per square foot increased to […]

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