By DON FENLEY Home flipping across the Tri-Cities region fell to its lowest level since 2019 in 2025, declining 9.6% from 2024 to 556 transactions . Rising acquisition costs and tighter profit margins pushed many investors on the national level… Read More ›
REAL ESTATE
Tri-Cities posts broad gains as Kingsport, Johnson City lead market activity
By DON FENLEY Home sales across the Tri-Cities region rose 11.8% in February compared to the same month a year ago, with 532 transactions recorded as buyer activity picked up across most community markets, according to regional real estate data…. Read More ›
February Pending Home Sales up 3.2%
By DON FENLEY Tri-Cities pending home sales edged higher in February, rising 3.2% year-over-year to 609 signed contracts, compared with 590 last year. New contracts were 10.8% off the January pace. Beyond the volatile month-over-month data, the annualized pending sales… Read More ›
U.S. Rents Down, But Not In The Tri-Cities
The U.S. rental market has reached its most budget-friendly level in four years. But that’s not the case in all the local rental markets. According to the Realtor.com® February Rental Report, February marked the 30th consecutive month of year-over-year declines for 0-2… Read More ›
Move-Up Listings Post Largest Tri-Cities Housing Inventory Gain
By DON FENLEY The Tri-Cities housing market added inventory across all price tiers in the first quarter of 2026, but the growth story belongs to the move-up market. The $300,000-to-$499,999 tier listings were the broadest and most consistent gains of the… Read More ›
Price Reductions, Concessions Remain a Tri-Cities Home Sales Fixture
By DON FENLEY Almost half of the homes that sold in February did so after an average $30,367 price reduction. And 63% of the homes that sold followed concessions that averaged $17,1676. Both were in line with the pattern of… Read More ›
Sullivan, Washington Counties Rank Among Least Vulnerable in U.S. to Housing Market Decline
By DON FENLEY Sullivan and Washington counties remain among the least vulnerable housing markets in the United States, according to the fourth-quarter 2025 housing risk analysis from ATTOM. The report evaluates county-level housing conditions to identify markets most and least… Read More ›
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.
[…] The Tri-Cities employment is in its best shape since the year began, but the gains are concentrated. At the…
Thanks for the question Jeff. Kingsport was not listed because there were no closing of $1 million plus properties during…
Great report Don Why was kingsport not listed ? Jeff Begley Founder & Principal Begley Development LLC