Unlike its residential cousin, commercial real estate (CRE) isn’t seeing an early and robust rebound from the initial economic Covid-19 pandemic shock. Total transactions for the first half of this year were down 22.5% compared to the first half of… Read More ›
The affordable housing status of Sullivan and Washington counties continued degrading during Q2, according to Attom Data Solution’s Home Affordability Report. Both counties’ affordability indexes dropped below their historic affordability levels and Washington Co. gained the dubious distinction of being… Read More ›
The Tri-Cities economy began clawing back April’s massive job losses in May. It added about 2,100 nonfarm jobs and the unemployment rate dropped to 9.6%, according to preliminary non-seasonally adjusted Bureau of Labor Statistics data. May’s report also revised April’s… Read More ›
Tri-Cities commercial real estate (CRE) transactions continued laboring with the economic fallout of COVIX-19 in May. The short-term numbers are about what you would expect. May sales were down 40% from last year while lease transactions were down 67%, according… Read More ›