By DON FENLEY TRI-CITIES, Tenn. – Opinions vary about whether the 2023 Tri-Cities housing market will be up, down, or sideways. Anyway you look at it, next year will be a challenge for everyone concerned, but some submarkets could have… Read More ›
TRENDS
Where are Tri-Cities rentals concentrated by number, occupancy
By DON FENLEY The undisputed highest concentration of single-family rentals in the Tri-Cities region is in Bristol, Va.’s 24201 zip code. Current data list 4,550 rentals. That’s better than half (66.7%) of all the households in that zip code. And… Read More ›
How to get past skewed housing market predictions
By DON FENLEY KINGSPORT, Tenn. – Now is an iffy time to pull out the crystal ball for home sales predictions. Month-to-month data comparisons are about as useful as information from your cousin who sold last year. The standard year-over-year… Read More ›
There’s more to the cash home sales story than out-of-state buyers snatching deals from locals
By DON FENLEY GRAY, Tenn. – Cash sales are the gold standard and fertile ground for local real estate urban legends. The most frequently cited antidote involves cash-rich, out-of-state buyers swooping in, overbidding locals, and driving home prices up. There… Read More ›