Sullivan and Washington counties are among the 345 counties nationwide where buying remains cheaper than renting. That’s according to ATTOM Data Solutions current Rental Affordability Report. The analysis focused on the 540 counties that had at least 900 home sales… Read More ›
REAL ESTATE
Indicators show Tri-Cities home prices continue trending lower
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 ›
Tri-Cities commercial real estate development flat in Q3, shows slow year-to-date improvement over 2015
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 homes in Tri-Cities increase during Q3
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 ›
New home construction slows in Sullivan, Washington counties; smaller counties picking up the pace
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 ›
Out-of-state investors own 19,349 of the 131,563 Tri-Cities single-family rental properties
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 ›
Tri-Cities a solid equity-rich properties market, even with Sullivan’s issue
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 ›
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.