There was a time – and it wasn’t that long ago – when the first words a Realtor would hear from prospective buyers was, “What kind of foreclosures are out there.” Things have changed since then. There are still foreclosures… Read More ›
REAL ESTATE
Analysis: Buying a home more affordable than renting in both Sullivan and Washington counties
There’s a lot of news about how rising home prices are torpedoing today’s buyers. While that’s certainly the case in some markets, it’s not what an analysis of Sullivan and Washington counties shows. Attom Data Solutions Q1 Home Affordability Index… Read More ›
Tri-Cities rents show new signs of softening, area remains attractive for rental investments
Although several Tri-Cities markets showed new signs of a softening rental market, a new analysis shows most local markets remain attractive for rental properties. Three of the major cities in the Tri-Cities region are almost at the 50% renter level… Read More ›
Stage set for a more competitive 2017 Tri-Cities rental market
Although most housing market focus last year was on existing and new home sales the stage was being set for big changes in the rental market – especially in Sullivan County. Year-end reports from Attom Data Solutions show house flipping… Read More ›
Tight inventory, fewer new homes makes Tri-Cities More attractive to house flippers
House flippers saw opportunity in the Tri-Cities housing market’s tight inventory last year and stepped up their efforts. They saw slightly faster turnarounds and while the average return on investment was down most made out well. Flips in Washington counties… Read More ›
Cash sales combine with distressed sales as headwind for Tri-Cities home sales price appreciation
There are two nagging questions about the current Tri-Cities region housing market. If sales are at all-time highs and the inventory is tight, why haven’t prices increased more than the area’s typical conservative appreciation? Given the conditions in issue 1… Read More ›
Tri-Cities commercial construction sees flat growth, new permit value up
New Tri-Cities commercial real estate construction closed the year with one permit less than 2015, but unlike most of the 18 markets monitored by The Market Edge total, local permit value increased. The Tri-Cities was also the only MSA in… Read More ›
Excellent and well written !!
I like the “BOOMER BABIES” lol
Donâ¦. Would you be so kind as to add Bristol, Tennessee Vice Mayor Lea Powers to your mailing list? Thank…
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.