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REAL ESTATE

Local housing barely below or just over affordable benchmark

By DON FENLEY TRI-CITIES, Tenn. – Home affordability is just out of reach or barely in reach in Sullivan and Washington counties, according to ATTOM Data solution’s third quarter Home Affordability Report. Affordability continued declining in both of Tri-Cities’ two… Read More ›

Tri-Cities luxury home sales down 31% since May; eight-month trend up 45% 

By DON FENLEY GRAY, Tenn. – Rising mortgage rates, stock market volatility, and inflation concerns have pushed Tri-Cities luxury existing housing sales down by 31% since May. But while $500,000 plus sales are tending lower from last year’s record-high pace… Read More ›

Competition begins to lower some Tri-Cities rents

By DON FENLEY TRI-CITIES, Tenn. – Realtor.com’s current rental affordability report shows many are spending more than a quarter of their monthly budgets (26.4 percent) on rent. That’s what’s happening in the large metro areas. Some conditions are similar in smaller… Read More ›

Sullivan, Washington at low risk of home price declines

By DON FENLEY TRI-CITIES, Tenn. – Risk is a top concern at the family dinner table, city halls, and small business offices these days. Between a volatile stock market, a stubborn inflation rate, and persistent rumors the housing market’s happy… Read More ›

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