By DON FENLEY A key Tri-Cities regional housing metric to watch as we head into 2025 is a hold-over from this year – 2018 annualized residential home sales. In fact, it has gained extra significance as a key to how… Read More ›
CORE DATA
Kingsport by the numbers
Sept. Pending Sales Stall from Aug., Up 16.9% from last year
By DON FENLEY The shock of Hurricane Helene’s devastation and a hotly congested presidential election sucked much of the oxygen out of the month-to-month comparison for September’s housing market. But the yearly comparison was still in the double digits. Pending… Read More ›
Long-term trend sets stage for more housing activity
By DON FENLEY September home sales made their largest annualized decline in three months. According to the TCI Group Home Sales Tracker, sales during the 12 months ending in mid-September were down 1%. This long-term trend, combined with the first… Read More ›
Aug. pending home sales flat; market poised for direction
By DON FENLEY August pending sales were down 0.1% from last year and the Northeast Tennessee Association of Realtors (NETAR) Pending Sales Index settled was flat for the fourth straight month. That will likely change next month due to the… Read More ›
Smaller new home sales, prices continue climbing
By DON FENLEY New construction home sales in the area monitor by the Northeast Tennessee Association of Realtors (NETAR) were up 28.6% in August. And the size of those homes continued its downward trend. The region saw 63 new construction… Read More ›
$4.2 million cash sale tops Tri-Cities area June luxury market
By DON FENLEY A $4.2 million cash sale in Butler’s Horseshoe Cove was the region’s 36th $1 million plus sale in June. It also tops the luxury home sales category so far this year. The 8,205 sq. ft. five-bedroom home… Read More ›
June home sales in a slump, prices flat
BY MICHELLE DAVIS June temperatures were hot – home sales were not. They were 22.8% off May’s pace and 20% behind this time last year. Prices also declined just enough to flatten the year-over-year trend line. That’s the early market… Read More ›
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