Home prices in the Tri-Cities two Metropolitan Statistical Areas continued trending lower in November on two major price indicators. The CoreLogic House Price Index and the Northeast Tennessee Association of Realtors year-to-date average sales price have loosely followed the same… Read More ›
Year-over-year growth of commercial construction was down by three permits in the third quarter, but year-to-date the market is on a slow-growth pattern similar to the average sales price of single-family residential resales. The Market Edge’s Commercial Building Trend Report… Read More ›
Demand for high-end housing increased during the third quarter and Washington County VA led the Tri-Cities area in the construction of those homes – but only by two permits. High-end homes are defined by Market Edge in its Resident Building… Read More ›
The Tri-Cities new home industry posted modest growth during the third quarter marked by a slowdown major markets slowdown balanced by growth in smaller county markets. Permit pulls for new residential residences was 2.7% better than Q3 last year. Year… Read More ›
Tri-Cities apartment complexes are not the only rental properties attracting investors. Single-family rentals have long been a staple for local real estate investors, but the share of out-of-state investors is also noteworthy. A new analysis from ATTOM Data Solutions shows… Read More ›
Remember the TV commercial with the mechanical bunny beating a drum to sell batteries? It just keeps marching while beating that drum, never tiring and apparently outlasting bunnies with lesser batteries. The share of equity rich Northeast Tennessee homes is… Read More ›
Foreclosure activity reverted to a more normal pace in October following a Q3 shocker that saw dramatic repossession increases in several Tri-Cities area counties. But even the normal rate combined with Q3’s numbers means over 800 foreclosures are in the… 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