By DON FENLEY Despite affordability hurdles, the Tri-Cities housing market is building steady, sustained momentum. That’s the message the TCI Group’s Annualized Home Sales Tracker is recording. It’s showing 11th straight annual home sales increase. During the 12 months ending… Read More ›
REAL ESTATE
April New Home Sales Make Sharp Upturn
By DON FENLEY The Tri-Cities new home market posted a sharp gain in April. Minus one sale for $1 million plus, sales jumped 64%, and the median price rose 16%. So far this year there have been 161 sales, up… Read More ›
Local Foreclosure Activity Cools in April
By DON FENLEY Foreclosure filings in the Tri-Cities dropped sharply in April, bucking a national trend that showed year-over-year increases. Local filings totaled 27 in April, down nearly 31% from March’s 39 and down about 7% from the 29 filings… Read More ›
Mid-Month Count Shows Strong April Housing Market for Tri-Cities
By DON FENLEY The Tri-Cities region had a strong April. Buyers and sellers closed 757 deals, and the median sale price reached $288,000. That combination of rising volume and rising prices says the market has begun the prime home buying… Read More ›
Analysis Finds Tri-Cities Home Equity Erodes
By DON FENLEY The nine-county Tri-Cities region entered 2026 with more mortgaged homes than a year ago, and with a measurably weaker equity picture across virtually every county. According to ATTOM Data Solutions’ first quarter 2026 U.S. Home Equity &… Read More ›
Tri-Cities’ Commercial Real Estate Transactions Flat
By DON FENLEY The Tri-Cities commercial real estate market posted 142 transactions in April 2026. The volume was essentially unchanged from 141 in April 2025. The headline story is industrial sector’s disappearing act. April 2026 produced zero industrial transactions after… Read More ›
Commercial Real Estate – The Big Picture in Plain English
By DON FENLEY The Tri-Cities and Knoxville commercial market is in better shape than most of the country. The two things to keep an eye on: Kingsport-Bristol’s retail sector, where something significant appears to have closed and nobody has moved… Read More ›
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