The current 30-year fixed-rate mortgage rate of 3.45% is nearing the Nov. 2012 all-time low of 3.31%. Rates have been below 4% for a year, and while they are easing the local affordable housing challenge for many buyers, they are… Read More ›
REAL ESTATE
Sullivan accounts for more than half of region’s January repossessions
Tri-Cities area foreclosure filings posted a 21.5% increase in January when compared to January last year, according to Attom Data Solutions’ Foreclosure Report. There was a total of 113 new filings last month compared to 93 a year ago. The… Read More ›
Retail gets the attention, Tri-Cities land sales get the action
There are several ways to look at the Tri-Cities retail real estate landscape. And they are as much about the evolution of retail as they are about the brick and mortar inventory. 1 – The Tri-Cities – like the rest… Read More ›
All-cash deals a big part of Johnson City, Kingsport-Bristol metro housing markets
While the share of all-cash home sales was down last year in the Tri-Cities it doesn’t mean cash still isn’t a big player. Better than one of every three existing home sales in both of the area’s two metro areas… Read More ›
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