Market Conditions for Johnson City, Tennessee Reported by Robin Bohin, REALTOR, SRES, e-PRO, CERTIFIED RELOCATION SPECIALIST Updated October 25, 2011.

Current Market Rating: 1 1 2 3 4 5 Buyer's Seller's

Current Price Trend: 4 1 2 3 4 5 Falling Rising

Like all housing markets, the Tri Cities contains their own share of unrealistic sellers, who are still pricing their homes as if the downturn did not happen here. The good news is I can introduce you to all those homeowners, who are really serious about selling in this strong Buyer's Market. Combine that with Tennessee's favorable tax status, lower cost of living, quality medical care, and the fact that the Tri Cities is located within 5 hours of major metropolitan areas and one understands why a majority of my real estate business consists of assisting relocating buyer clients to our lovely four season temperate climate.

The upcoming seasonal events such as, Nascar Races,Apple Festival, Rhythm and Roots, Jonesborough Days, Fun Fest and Virginia Highlands Festival assures an annual pilgrimage by those who would love to relocate to the area and also those that will be introduced to it for the first time.

Since I am a native of North East TN, then I can effectively share the history of the area and all those positive and negative items a buyer will want know as they consider their housing hoptions.

The Tri Cities has come through the "housing crisis" with a better prognosis then most markets. Simply because our area did not have huge run ups in pricing as compared to other markets when the correction came it did not cause the spiraling downward dominoe effect.

Buyers have began to look again in earnest and make purchases in a steady up-tick since the summer. With fantastic fall weather upon us I expect this to continue. Winter will break the seasonal slide around the holidays but in an unpredictable market we may find ourselves with a festive surprise!

Robin Bohin
(423) 384-7000 www.tricitiestnhomes.com



ZIP Codes: 37601, 37602, 37604, 37605, 37614, 37615

Approximate Location Boundaries: Washington County, Tri-Cities Area

Location Characteristics: It's a great place to raise a family or retire to! When visiting Boones Creek and Gray it's hard to miss the natural beauty of mountains and lakes that surround our area. Career, Recreational and Cultural opportunities are within minutes of your back door. There are excellent buyer's opportunities to own in some nieghborhoods that were simply out of reach in the past. These can take the form of suburb lot homes ranging in price from 145K- 250K. Lake Harbor, offers Lakefront homes, many with level spectacular views of the lake and neighboring farmlands. Serene, yet a wonderful neighborhood for children. Home sales for 2011 have ranged from $399K to 650K. Not to be missed are the neighboring subdivisions of Willows Ridge and Hunter's Lake. They offer lake views, newer construction, community clubhouse and pool. Home sales for 2011 have ranged from $329,900 to $485,000. Another area that is a newer lake community is Grande Harbor. It offers a different flair to lake living with the addition of townhomes, and lake villas added to the repertoire. Home construction and pre-sales are just beginning in this area. These areas offer the best of two worlds; close proximity to Johnson City which is home of the VA Mountain Home, East Tennessee State University and Jonesborough, just minutes away, is the county seat of Washington County, the oldest town in Tennessee and home to the International Storytelling Festival. A great assortment of dining options, good medical facilities and the diversity of the Tri-Cities makes a newcomer realize what a special place this is!

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