REAL ESTATE

Kingsport-Bristol Flips Cooled, But Profits Edged Higher

AI Summary Kingsport-Bristol’s home-flipping market cooled in early 2026, with Q1 flips falling from the previous quarter, but the deals that closed still produced strong gross profits. Flips accounted for 8.9% of local home sales, slightly above the national 8%… Read More ›

Tri-Cities $1 Million Home Sales Slow, Sellers Cut Prices, Johnson City Leads Sales

The top end of the Tri-Cities housing market has cooled. Homes priced at $1 million or more still sell for about what they did a year ago. But they’re on the market longer, and sellers are cutting their asking prices… Read More ›

Pending Sales Signal Tri-Cities Buyers Are Climbing the Price Ladder

May’s pending home sales data paints a picture of a market on solid footing. Demand is strong; the high end is thriving, and the affordable tier remains healthy. The one caution is supply. Until more homes reach the market, especially… Read More ›

Annualized Tri-Cities Home Sales Point to a Market on Solid Footing

Annualized home sales across the Tri-Cities have climbed for a full year. A year of steady gains points to a market on solid footing. This was a slow, broad climb. Annualized totals rise only when a market adds sales faster… Read More ›

Tri-Cities New Home Prices Up 20.6%, May Sales Flat

Tri-Cities’ new home market didn’t grow in size in May; it grew in price. The median price for a new construction home was $387,932 That’s up 20.6% from last year. The average price rose 17.9% to $423,326. Both gains are… Read More ›

Sullivan Co. Housing Inventory Tilts Toward Upper Middle-Class Households

Sullivan County is not short of middle-class family households. It has over 22,000 of them, according to current Census data. But it’s short of homes priced where the broad base of that middle class can reach them. May’s Inventory was… Read More ›

Tri-Cities Mobile Prices Up, Sales Down

Tri-Cities manufactured home prices increased last month, while the number of sales eased. The median sales price was $225,000, up 5.9% from last year. Most sellers gave ground to get to those sales. Almost half of all homes that sold,… Read More ›

Verified by MonsterInsights