REAL ESTATE

All-cash sales account for one-in-three Tri-Cities home sales

Tri-Cities all-cash home sales have slowed, but still command a dominant place in a market where home prices and rents are increasing faster than wages and housing is becoming less affordable. The latest figures in Attom Data Solution’s Q3 Home… Read More ›

Tri-Cities area foreclosure activity down 30.7% from last year

Foreclosure activity in the six Northeast Tennessee counties included in a national analysis was down 30.7% from last year – almost double the decline nation-wide. There were 140 local properties with foreclosure filings, according to Attom Data Solution’s Q3 Foreclosure… Read More ›

Sullivan, Washington counties are affordable housing markets, but ….

Here’s a housing market conundrum for you? Statistically, Sullivan and Washington counties are affordable housing markets. There’s no question about that. The folks at Attom Data Solutions crunch the numbers each quarter and the outcome is home prices are increasing… Read More ›

Kingsport-Bristol had best Q2 home sales price increase rate in Tenn; Johnson City MSA not far behind

Kingsport-Bristol’s housing market earned some bragging rights in the Middle Tennessee State University’s Q2 housing market report. The four-county region that makes up the upper half of the Tri-Cities market had the highest Q2 2019 v. Q2 2018 price gain… Read More ›

Tri-Cities home flipping profits down, mid-year sales at five-year high

The sale of flipped homes in five Tri-Cities counties hit a five-year high during the first half of this year according to a compilation from Attom Data Solutions home flipping reports. At the same time, Q2 flips were less profitable… Read More ›

Tri-Cities high-end home permits increase, Sullivan sees most new permits

Permits for high-end homes were up by four during the first half of this year, and for the first time in three years, Sullivan County led other Tri-Cities counties. The Market Edge classes high-end permits as those with a construction… Read More ›

Positive disrupters  are on the horizon for Tri-Cities new home industry, permits up 2%

Sometimes real estate market cycles produce weird results. The first half of 2019 is a local example. Tri-Cities new home permits were only 2% better than the first half of last year. Normally that would be ho-hum news. But it… Read More ›

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