DON FENLEY @ CORE DATA

Recent Posts - page 2

• Tri-Cities commercial real estate transactions struggle with COVID-19 economic fall out

  By donfenley.com on June 3, 2020 • ( 0 )

  

  Tri-Cities commercial real estate (CRE) transactions continued laboring with the economic fallout of COVIX-19 in May. The short-term numbers are about what you would expect. May sales were down 40% from last year while lease transactions were down 67%, according… Read More ›

• Tri-Cities suffers massive job losses – record high unemployment rate

  By donfenley.com on May 29, 2020 • ( 0 )

  

  The Tri-Cities labor market fell into a CORVID-19 blackhole in April. The region’s March-April job lost was over 18,000 jobs. Compared to April last year it was down 20,100. That’s more than during the entire Great Recession. At the same… Read More ›

• Lenders pump the brakes on mortgages, low-rates have positive-negative effect on housing

  By donfenley.com on May 26, 2020 • ( 1 )

  

  The gap between home purchase and refinancing loan originations narrowed in the four-county Kingsport-Bristol Metropolitan Statistical Area (MSA) during Q1. But not by much. Refi loans accounted for 38.6% of all mortgage loans, down from 43.9% during Q4. The numbers… Read More ›

• Tri-Cities housing market hasn’t run out of steam, but COVID-19 is muting sales

  By donfenley.com on May 25, 2020 • ( 1 )

  

  Tri-Cities existing homes sales were up 13.9% during the 12 months ending in mid-May when compared to the same period last year. That’s a silver-lining trend view for housing while COVID-19 is muting resales while gut-punching the economy. Expect more… Read More ›

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