Abingdon
Real Estate
These East Tennessee cities scored big on list of in-demand spots for homebuyers, analysis shows
It's no secret that Tennessee home prices have risen steadily since the pandemic, and 2023 continued to be a disheartening market for many aspiring homebuyers. But with mortgage rates steadily declining, 2024 might finally be the year to purchase a home. The market is still extremely competitive, however, and low housing stock means that...
UT Economic Report finds that housing prices increased over 2023
BRISTOL, Tenn/Va. (WJHL) – The Boyd Center for Business and Economic Research at the University of Tennessee (UT) released its annual report, covering topics such as wages and employment. One of the findings within the report was an increase in prices surrounding housing. “It’s become less affordable for people to buy homes,” said Larry Kessler, […]
Tri-Cities localities continue to excel in WSJ housing market ranking
TRI-CITIES, Tenn./Va. (WJHL) — The Johnson City, Kingsport and Bristol metro areas returned to the top 15 in this fall season’s Wall Street Journal-Realtor.com emerging housing markets index. The quarterly index puts Johnson City at 10th and Kingsport-Bristol at 11th for emerging housing markets. This is the second straight time both areas made the top […]
Strip centers are commercial real estate’s hot item
Strip centers are one of the hottest tickets in the Tri-Cities area – and US – commercial real estate these days. High occupancy rates have become the norm, according to the Northeast Tennessee Association of Realtors (NETAR). Nationwide, the occupancy rate at strip-center real-estate investment trusts stood at 95.3 percent. That’s a level not seen […] The post Strip centers are commercial real estate’s hot item appeared first on www.elizabethton.com.
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