By DON FENLEY The undisputed highest concentration of single-family rentals in the Tri-Cities region is in Bristol, Va.’s 24201 zip code. Current data list 4,550 rentals. That’s better than half (66.7%) of all the households in that zip code. And… Read More ›
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How to get past skewed housing market predictions
By DON FENLEY KINGSPORT, Tenn. – Now is an iffy time to pull out the crystal ball for home sales predictions. Month-to-month data comparisons are about as useful as information from your cousin who sold last year. The standard year-over-year… Read More ›
There’s more to the cash home sales story than out-of-state buyers snatching deals from locals
By DON FENLEY GRAY, Tenn. – Cash sales are the gold standard and fertile ground for local real estate urban legends. The most frequently cited antidote involves cash-rich, out-of-state buyers swooping in, overbidding locals, and driving home prices up. There… Read More ›
Tri-Cities pending home sales decline for fifth month
By DON FENLEY GRAY, Tenn. – The local housing market looks a lot like the changing season. Home sales are falling like colorful leaves. So far, it’s been a gradual process that hasn’t rocked the market’s boat, but there’s… Read More ›
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