REAL ESTATE

Tri-Cities Home Sales Post Modest March Gain as Move-Up Market Surges; Luxury Segment Shows Deepening Seller Concessions

BY DON FENLEY Home sales in the Tri-Cities region rose 6.2% in March, driven by a sharp 25.0% jump in the move-up market. At the same time, luxury market sales continued to decline, according the the Northeast Tennessee Association of… Read More ›

Home Buyers Get Price Breaks Before the Deal, At Closing Table

By DON FENLEY Almost half of the homes that sold in the Tri-Cities last month, 42.5%, had price reductions. That’s a slight uptick from 42.4% last year. Sellers are still reducing the original listings price, but they are making smaller… Read More ›

The New Math of Homeownership in the Tri-Cities

By DON FENLEY The dream of homeownership has grown significantly more expensive across Northeast Tennessee’s three major metro areas since the 2019 pre-pandemic benchmark. Monthly housing costs have roughly doubled, and some income-to-housing ratios are at levels that financial advisors… Read More ›

Tri-Cities Mobile Home Sales Up 33%; Adjusted Prices Show Modest Growth

By DON FENLEY Tri-Cities mobile home sales were up 33% from last year, according to the Northeast Tennessee Association of Realtors (NETAR). There were 37 sales, up from 28 last year. Data from three 2026 sales and two from 2025… Read More ›

Tri-Cities Holds Affordability Edge; Regional Markets Show Diverging Growth Paths

By DON FENLEY The Northeast Tennessee Association of Realtors (NETAR) market continues to distinguish itself as the region’s affordability anchor while keeping pace with broader demand trends seen in Knoxville and Morristown. The Tri-Cities posted a median home price of… Read More ›

Perfect Storm Intensifies for Farms as Spring Decisions Take Hold

By DON FENLEY Tri-Cities farmers are entering the 2026 growing season under intensifying pressure. Rising input costs, deepening financial losses and lingering land-use pressures have converged at the most critical point of the year – planting season. What began last… Read More ›

Feb. Tri-Cities $1 Million+ Home Sales Down 50%

By DON FENLEY Premium residential market sales were down 50% in February. There were four $1 million-plus sales compared to eight during the same month last year. February’s top of the market sale was a three-bedroom, five-bath $1.5 million home… Read More ›

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