REAL ESTATE

May Tri-Cities Commercial Activity Flat; Inventory Builds

By DON FENLEY The Tri-Cities commercial real estate market closed 146 transactions in May. That was two fewer than the same month last year. So far this year, the region has logged 643 commercial transactions. That trails 2025 by 18 deals…. Read More ›

Tri-Cities Foreclosures Cool in May as National Filings Keep Climbing

By DON FENLEY Foreclosure filings across the Tri-Cities fell to 15 in May. That is the lowest monthly count of the year and nearly even with the 14 filings recorded a year ago. The local slowdown stands apart from the… Read More ›

Tri-Cities Home Prices Climb Steadily as Sales Hold Firm in May

By DON FENLEY Home prices in the Tri-Cities rose at a moderate pace in May, and the number of sales stayed flat from a year ago, according to the Northeast Tennessee Association of Realtors® (NETAR). The median sale price reached… Read More ›

Home Prices Up; It’s a Busy Spring Market

By DON FENLEY The Tri-Cities is at the peak of the spring housing market, and despite what you may have read the market isn’t being driven by home values posting their biggest drop in nearly a decade. May’s local $298,085… Read More ›

Refinancing Quietly Becomes Largest Driver of Tri-Cities Mortgage Activity

By DON FENLEY The Tri-Cities outran the national mortgage market this past year, but the strength was in refinancing, not home buyers. Take refinancing out of the picture and the local market looks like everyone else’s – buyers squeezed by… Read More ›

Sullivan, Washington Low Risk for Housing Downturn

By DON FENLEY Sullivan and Washington counties again rank among the U.S. housing. markets least likely to face a housing downturn. That’s a local headline look at ATTOM’s current Housing Risk Report. Sullivan and Washington are ranked because they met… Read More ›

Johnson City Retail Space Remains Landlord-Tight

By DON FENLEY The Johnson City metro area remains one of the tightest commercial retail space markets around. The metro area’s vacancy rate is holding at 2.4%, which is well under half of the national rate. According to an analysis… Read More ›

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