REAL ESTATE

Bristol TN and VA lead cities home sales growth rate; Erwin, Elizabethton, Johnson City net best price gains

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Last year was a banner year for single-family home sales in Bristol TN and VA. Twin Cities resales’ year-over-year annual growth rate dramatically outperformed every other city market in the 2017 annual Trends Report from the Northeast Tennessee Association of… Read More ›

Indicators point to strong Q4 home sales in Sullivan, Washington counties

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Reports from Attom Data’s Solutions and the Northeast Tennessee Association of Realtors (NETAR) point to the same thing – strong fourth quarter home sales. Sullivan and Washington counties led East Tennessee on Attom’s Q3 Pre-Mover Housing Index for the third… Read More ›

Part 2 Tri-Cities rental situation – fewer single-family units, higher vacancy rates

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There were more rental property vacancies in over than half of the Tri-Cities region’s zip code during the third quarter of this year than last year. And a comparison of non-owner-occupied investment properties shows there are about 11,000 fewer rental… Read More ›

Reports show strengths, weaknesses in Tri-Cities single-family, apartment rental markets

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Gross single-family rental yields for Washington and Sullivan counties were down in the third quarter, but that doesn’t necessarily signal a down market for landlords – especially in Sullivan County. At the same time, the multi-family market in Sullivan is… Read More ›

Tri-Cities new home market is finally taking off

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After seven years of declining new home activity and another four years of slow growth, the market is taking off. Tri-Cities area builders saw the first stirrings of the surge early this year, but the crunch showed up in the… Read More ›

Sullivan County shines in Q3 housing affordability index

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Sullivan County received some strong positive housing affordability information in Attom Data Solutions Home Affordability Index. Sullivan was the only Tennessee county among those included in the index that had a more affordable index rating than it did during Q3… Read More ›

Sullivan County sees biggest drop in new commercial permits so far this year

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While commercial building permits are a product of the business cycle, they’re not always a good indicator of economic health. That’s what the first half of this year looked like on a Tri-Cities regional basis. A drill down to the… Read More ›

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