By DON FENLEY TRI-CITIES, Tenn. – Sullivan Co. kept the dubious distinction of having the least affordable housing in the Appalachian Highlands in the current version of Atlanta Federal Reserve Bank’s Homeownership Affordability Tracker. The numbers are valid, but the… Read More ›
By DON FENLEY TRI-CITIES, Tenn. – Everyone knows Johnson City is the region’s top housing market. That’s a fact. But last month its 82 sales were second place to the 95 in Kingsport. Where it did shine was at the top… Read More ›
By DON FENLEY TRI-CITIES, Tenn – Despite some common public opinion, affordable housing is not another name for government assistance. The two primary formulas to gauge affordability are the financial model and the percentage of income spent on housing. The… Read More ›
By DON FENLEY Flipped homes are an important part of the local housing market. They account for about 10% of existing home sales and half of them are always in the affordable and work-force housing price ranges. The flip market… Read More ›