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November 25, 2009


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  CONDITIONS™
By Local Real Estate Experts  


Market Conditions for Bristol, Virginia

Reported by T. Cory Lewis, President/Broker/GC

Updated October 1, 2009.

Current Market Rating: 2




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Buyer's

Seller's

Current Price Trend: 4




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Falling

Rising

The housing market is gradual and continuous in Bristol. There are no huge leaps, just a steady increase of 3-5% annually. Bristol is considered one of the best buys in the country as average home prices are upwards of 30% less than the national average. Everyone can get more house for the money in Bristol than virtually any other place in the US.

T.C. Lewis & Company Properties is currently part of several developments in and around the Tri-Cities Region. The Raceway Villas in Bristol, TN are located within walking distance from the Bristol International Motor Speedway and Thunder Valley Drag Strip. These 2-story cabins give buyers and race fans an opportunity to own a piece of real estate that is directly across from the track and with perfect views of the speedway and the surrounding mountains.



Approximate Location Boundaries: Washington County (VA) and Sullivan County (TN)

Location Characteristics: The twin cities of Bristol, Virginia and Bristol, Tennessee are as unique as they are charming and diverse. The city has been named an All-American City, is considered the birthplace of country music, and is home to the most popular racetrack in the world- Bristol International Motorspeedway. The unique charm of Bristol starts on the main street in downtown (State Street) as it divides the two cities and serves as the state line between Virginia and Tennessee. Storefronts on one side are in VA and storefronts on the other are in TN.

For More Information:

View Market Conditions of other areas served by T. Cory Lewis

Navigate: Top > Virginia > Bristol

About T. Cory Lewis:
T. Cory Lewis: Bachelor of Business Administration (Management), Master of Business Administration (International Business and Investments), Certified Real Estate Broker and General Contractor for TN, NC, VA, SC, and GA.

Cory is the founding President of T. C. Lewis & Co. Properties, an award-winning, full-service real estate, excavation, construction, and property management company. This boutique firm focuses on being a "one-stop-shop" for real estate clients and provides one contact person from concept to completion for investment projects including custom homes. T. C. Lewis & Co. Properties is a pioneer in the field of Green Building and has gained national attention in assisting with the formation of the Green Building Council. Call, email, or view the website for more about all of the in-house services that T. C. Lewis & Co. Properties provides (www.TCLewisProperties.com).


These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.




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Mortgage Rates
30 Year Fixed: 4.83%
15 Year Fixed: 4.32%
1 Year Adj: 4.35%
(U.S. Weekly Averages)

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