REAL ESTATE

Tri-Cities Housing Market Levels Off, but Leans Toward Sellers

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By DON FENLEY The TCI Group’s Annualized Home Sales Tracker and Inventory Monitor are signaling that the Tri-Cities housing market has hit a plateau – one that still leans toward sellers Annualized sales slipped 0.1% in mid-July and ended 12… Read More ›

Pending Home Sales Hold at High Mark as Middle Market Drives Tri-Cities Demand

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Executive Summary Tri-Cities pending home sales held at 815 contracts in June. That was even with May and 14.6% above June 2025. Almost all the annual gain came from the middle of the market. The brackets between $160,000 and $499,999… Read More ›

June Commercial Transactions Up 26.6%

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AI SUMMARY Land was the commercial real estate transaction engine last month. Multi-family was the accelerator. Retail and industry were idle. Supply expanded and cleared faster than it did a year ago. That combination points to a market absorbing growth… Read More ›

Tri-Cities June Home Prices up 4.7%

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AI SUMMARY Tri-Cities median home prices rose 4.7% in June to $308,750. That growth outran May’s 4.2% inflation rate. Sales climbed 3.8% and are up 8.3% for the year. Months of inventory tightened to 3.75, keeping the region in seller’s-market… Read More ›

The Home Price Cut That Isn’t a Discount

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AI SUMMARY Tri-Cities sellers cut asking prices more often in June than in any month of the past year. Four in ten listings dropped their price before an offer arrived. The national story calls this a buyer’s discount. The truth… Read More ›

Tri-Cities Townhome Market Tilts Toward Buyers

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AI Summary The Tri-Cities townhome market cooled down in May 2026. Closed sales fell 7.9% from a year earlier, inventory rose 10.4%, and homes took a weighted 89 days to sell. Prices held steady, with the weighted median was up… Read More ›

Kingsport-Bristol Flips Cooled, But Profits Edged Higher

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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 ›

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