By DON FENLEY The Tri-Cities is at the peak of the spring housing market, and despite what you may have read the market isn’t being driven by home values posting their biggest drop in nearly a decade. May’s local $298,085… Read More ›
By DON FENLEY The Tri-Cities outran the national mortgage market this past year, but the strength was in refinancing, not home buyers. Take refinancing out of the picture and the local market looks like everyone else’s – buyers squeezed by… Read More ›
By DON FENLEY Sullivan and Washington counties again rank among the U.S. housing. markets least likely to face a housing downturn. That’s a local headline look at ATTOM’s current Housing Risk Report. Sullivan and Washington are ranked because they met… Read More ›
By DON FENLEY The Johnson City metro area remains one of the tightest commercial retail space markets around. The metro area’s vacancy rate is holding at 2.4%, which is well under half of the national rate. According to an analysis… Read More ›
By DON FENLEY The apartment market in Kingsport-Bristol is on a similar track to what’s happening in the Johnson City metro area. After years of higher rents and increasing demand, the market is cooling off. Kingsport-Bristol multifamily vacancies have increased… Read More ›
By DON FENLEY Johnson City is a healthy market, but it is no longer the standout it was. Multifamily vacancies have increased to 6.1% from 3.6% this time last year. The metro is now tracking closer to national conditions as… Read More ›
By DON FENLEY So far this year, Kingsport-Bristol retail vacancy held at 4.0%, up from 2.4% a year earlier but still below the national rate. Rents kept rising 2.5%, and a surge in sales volume signals investors are still buying… Read More ›
NE Tenn. SW Va. research and data-driven reports
[…] The Tri-Cities employment is in its best shape since the year began, but the gains are concentrated. At the…
Thanks for the question Jeff. Kingsport was not listed because there were no closing of $1 million plus properties during…
Great report Don Why was kingsport not listed ? Jeff Begley Founder & Principal Begley Development LLC
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Thanks so much for your good information