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 ›
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Greeneville most affordable local housing market – Sullivan least affordable
By DON FENLEY TRI-CITIES, Tenn. – The Greeneville metro area is the current regional affordable housing market hot sport. That, and its status of having the best 12-month market share sales distribution in all price bands up to $800,000, is… Read More ›
Veterans and VA loans a big part of the local housing market
By DON FENLEY TRI-CITIES, Tenn. – Homeowners like fast, uncomplicated closings. Frequently they believe deals with buyers using a VA loan are risker and a pain in the process. According to mortgage reports, owners, and their Realtors think VA loans… Read More ›
Housing market eases into slow-growth mode
By DON FENLEY TRI-CITIES, Tenn. – The Appalachian Highlands long-term housing tracker was up for the second straight 12-month period ending in mid-April. It’s signaling a slightly stronger peak spring season than pacing the pre-pandemic benchmark. April’s tracker is up… Read More ›
Flip sales lessened inventory shortage pain
By DON FENLEY TRI-CITIES, Tenn. – New homes are a critical part of bringing the NE Tenn. housing market’s inventory back to balanced conditions. That’s important because when market conditions are balanced, the market rights itself of the big ebbs… Read More ›
All-cash home sales down so far this year
By DON FENLEY Buyers have backed off cash sales so far this year. In January, they accounted for 28.9 percent of all sales. They picked up to 31.6 percent in February which is the bottom range for last year’s annual… Read More ›
Inventory watchers keep tabs on the pending sales – new listings dance
By DON FENLEY Want to keep your fingers on two metrics that show where inventory is headed? A daily Multiple Listing service check does the trick. But it is monotonous. And since inventory is dynamic, it constantly changes. Here’s a… Read More ›
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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