Found 2 blog entries tagged as home buyer demand.

Tri-Cities Mortgage Lending Grew in 2026, but Refinancing Tells the Real Story

At first glance, the Tri-Cities mortgage market looks strong. Total loan originations across the region rose 10.1% year over year in the first quarter of 2026, outperforming what many buyers and sellers might expect in a higher-rate environment. But a closer look at the data shows that this was not a surge driven by home purchases. Instead, the real growth came from refinancing activity, while purchase lending slipped and home equity borrowing also moved lower. That shift matters because it shows the local market is still feeling many of the same affordability pressures seen across the country, even if the headline numbers appear more positive.

Total Lending Increased,…

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Tri-Cities Pending Home Sales Continue Recovery With 12 Straight Months of Growth

The Tri-Cities housing market continues to show signs of meaningful recovery, with annualized pending home sales rising for the 12th consecutive month in March. That milestone points to more than just a seasonal uptick. It suggests that buyer demand across Northeast Tennessee is steadily rebuilding after one of the most dramatic market slowdowns in the region’s recorded history. While monthly pending sales numbers can fluctuate due to timing, weather, and interest rate changes, the annualized view offers a much clearer picture of where the market is actually headed. Right now, that picture shows a housing market that is regaining strength and moving beyond its…

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