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REAL ESTATE

Tri-Cities high-end housing market picked up steam in 2019

At year’s end, the Tri-Cities had the best year-over-year growth rate of new high-end home building permits among the neighboring regions of Chattanooga, Knoxville, and Asheville. Permits for local homes 4,000 sq. ft. or more – or with a construction… Read More ›

Commercial Real Estate sales, leases, permits up – volumes down

It wasn’t the best year. But it wasn’t the worst. When you look at the data, 2019 was an OK year for Tri-Cities Commercial Real Estate (CRE). Sales, leases, and new building permits were up. But volumes were down. Several… Read More ›

Housing economic stress points stable

The local housing market’s economic stress points look pretty good, according to CoreLogic’s latest report. December’s 30-days or more mortgage delinquency rate for the Kingsport-Bristol MSA was 4.9% It was 4.3% for the Johnson City MSA. That was a half-point… Read More ›

Home flips played major role in last year’s Hawkins, Sullivan Co. housing markets

Here’s a quick housing market reality check compliments of Attom Data Solutions year-end 2019 Home Flipping Report. For every new home permit issued in Hawkins Co. there were more than three flip sales. And the number of flip sales in… Read More ›

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