By DON FENLEY Unlike the existing home market that’s slogging into prime season with a 17% sales increase, new construction sales are booming. So far this year sales are double what th… Read More

By DON FENLEY TRI-CITIES, Tenn. – There were 88 area mortgaged properties with new foreclosure filings during the first three months of this year. That was an increase of four from the… Read More

By DON FENLEY There were 1,440 active listings in the Tri-Cities region in April. That’s a 7% improvement over April 2023 and 47% better than it was when invitatory bottomed out in 202… Read More

Mortgage rates are up for the fifth straight week. On average, more than half of local home sales for the entire year occur between March and July. With what’s left of this historicall… Read More

By DON FENLEY It’s official. Spring in here, and pending home sales are perking up from January’s lackluster performance. They’re not the only thing looking up in a market… Read More

By DON FENLEY The peak home buying and selling season has arrived and although local sales and prices are performing pretty much as expected, almost all other outlooks have fallen by the way… Read More

By DON FENLEY Home prices in East Tennessee and both Tri-Cities metro areas were rated as overvalued in the latest study of the 403 largest markets tracked by Moody’s Analytics. Kingsp… Read More

By DON FENLEY TRI-CITIERS, Tenn. – Although there probably won’t be a big dip in mortgage rates for the prime home buying and selling season, the season is taking shape with guar… Read More

By DON FENLEY Although housing affordability and accessibility remains challenging, the first quarter equity status of outstanding mortgages testify to wealth production in today’s loc… Read More

BY DON FENLEY There was a subtle, but noteworthy, change in the Census Bureau’s latest local population estimates. It wasn’t so much about the Tri-Cities region’s growth ra… Read More

By DON FENLEY Pending sales jumped 15.1% in March on a 113.3% increases in the number of new contracts in the top bracket of the move-up market.   Although demand – as monitored b… Read More

By DON FENLEY Kingsport-Bristol is now again ranked in the top 10 emerging housing markets in the United States. It’s the second time that’s happened, but this time there’s… Read More

By DON FENLEY TRI-CITIES – Local housing affordability has made its best gains in a year on the Atlanta Federal Reserve Bank’s Homeownership Tracker. The monitor is a little diff… Read More