By DON FENLEY TRI-CITIES, Tenn. – Here’s a trend many consumers will applaud. More national brand tenants are coming to or expanding in the Tri-Cities. And it’s a trend that is and will continue putting more pressure on independents who struggle… Read More ›
TRENDS
Price – new homes competing with existing inventory
By DON FENLEY TRI-CITIES, Tenn. – Buyers in today’s challenging housing market face a unique choice. Simply put, the stubborn lack of existing home inventory and stepped-up new home construction are presenting increasing examples of new home prices competing with… Read More ›
Odds for local home price drop not good
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 ›
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 ›
Tri-Cities sales tax collections decline
By DON FENLEY TRI-CITIES, Tenn. – State sales tax collections are up from last year, but the growth rate has plunged from 15% in February to 0.2% in May. So far this year, non-adjusted collections in the Johnson City metro… Read More ›
Excellent and well written !!
I like the “BOOMER BABIES” lol
Donâ¦. Would you be so kind as to add Bristol, Tennessee Vice Mayor Lea Powers to your mailing list? Thank…
Thanks for the comment Debbie. It's a snapshot of today's conditions, stay tuned
Always of interest to get confirmation of what I see as the year moves on.