By DON FENLEY A 14-room home with 9,000 sq. ft of living space perched atop one of the highest points in the Ridges was October’s top sale. The five bedroom, six-bath home sold for $2,350,000 – $260.24 per sq. foot…. Read More ›
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Data-driven reports on jobs, labor markets, housing and economic trends in Kingsport, Tenn. Bristol, Tenn. Bristol, Va. Johnson City, Tenn.
Sept. labor market shows strong jobs growth
DON FENLEY TRI-CITIES, Tenn. – The local labor market showed unexpected strength in September. Most of the increase came in the government sector and only three job sectors reported losses. Seasonally adjusted and non-adjusted jobs were at a year’s high,… Read More ›
Annualized home sales increase – key metric to watch in 2025
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 ›
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 ›
Excellent and well written !!
I like the “BOOMER BABIES” lol
Donâ¦. Would you be so kind as to add Bristol, Tennessee Vice Mayor Lea Powers to your mailing list? Thank…
Thanks for the comment Debbie. It's a snapshot of today's conditions, stay tuned
Always of interest to get confirmation of what I see as the year moves on.