By DON FENLEY TRI-CITIES, Tenn. – The housing market is in uncharted waters, and it’s throwing homebuyers for a loop. And the most recent top-down market analysis doesn’t offer much for locals. The latest wisdom: it’s unlikely prices will… Read More ›
TRENDS
Inventory is housings most pressing issue
By DON FENLEY TRI-CITIES, Tenn. – Despite growing affordability concerns, the local housing’s biggest challenge is inventory. The situation can be summed up in a simple, short sentence. Home buying demand is high while housing continues at record lows. Context… Read More ›
Spotlight on cash sales, discounts for June’s local home sales
By DON FENLEY GRAY – Cash hasn’t lost its luster in this market of fewer sales and higher prices. During the second quarter, there were almost 700 cash sales. That’s 36% of all existing single-family and condo sales. The market… Read More ›
Is housing squeezing government sales tax share?
By DON FENLEY TRI-CITIES – One affordable housing and high rent effect that so far has gotten little attention is the bite it’s taking out of the sales tax that drives local economies. Look at it this way. People spend… Read More ›
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