By DON FENLEY GRAY, Tenn. – Later this week, we’ll get our first look at NETAR’s Home Sales Report, which shows how the housing market is reacting to the fall season, higher mortgage rates, an increasingly volatile stock market, and… Read More ›
TRENDS
Tracking the Region’s post-pandemic growth
By DON FENLEY TRI-CITIES, Tenn. – Demographics is a significant factor in growing the economy. Early signs show the local population is restructuring with higher household incomes and education levels than before the pandemic. That was driven by a combination… Read More ›
All Tri-Cities regions show slowing sales trend
By DON FENLEY TRI-CITIES, Tenn. – After outperforming the other Tri-Cities area housing markets all year, Greeneville has turned downward on the region’s only long-term sales trend tracker. Since the tracker relies on monthly existing home sales ending in the… Read More ›
Local housing market overvalued; odds of price decline very low
By DON FENLEY TRI-CITIES, Tenn. – The local cohort waiting for home prices to crash keeps on waiting and waiting. Given current conditions and the best data-driven crystal ball gazing available, they may keep on waiting. Much of their determination… Read More ›
Regional real estate trends you can use
By DON FENLEY TRI-CITIES, Tenn. – One of the most watched items in today’s housing market is how much sales are declining. Mass media headliners make it sound like it’s a big number, and it is in the markets they’re watching. But… Read More ›
New home picture improves; still lags local performance peak
By DON FENLEY TRI-CITIES, Tenn. – The area’s new home industry is steadily moving toward production levels not seen for almost two decades. According to Census reports, builders had pulled 1,072 new home permits at mid-year. That’s less than half… Read More ›
Are rents too damn high, or just adjusting to new economy?
By DON FENLEY James Phillips was busy putting the finishing touches on his new apartments last Thursday afternoon. It was hot and humid. He and his crew were powering through the job because new renters were ready to move in…. 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.