October’s foreclosure activity in the Tri-Cities region was flat when compared to September and October last year. That portion of the local housing market has reverted to pre-recession levels. There were 90 area properties with default notices, scheduled auctions or… Read More ›
At the same time alarm bells are going off about subprime car loans and delinquency rates there was some good news out of the Tri-Cities housing sector. The number of homeowners with underwater mortgages has dropped to a two-year low,… Read More ›
The Tri-Cities is veteran rich area. According to the most current Census estimates there are a little more than 39,400 vets living the seven-county region. That’s a 9.5% share of the total population compared to Tennessee’s 8.2% share and the… Read More ›
The Tri-Cities labor market has moved beyond the seasonal slump now that schools are back in session. Employers continue adding non-farm jobs, and employment is higher without signs of slow-down. So far this year, employers have added an average of… Read More ›
Consistent reports have shown that the Tri-Cities region’s housing market is still strong. Here’s another one that may raise some eyebrows. Kingsport-Bristol homeowners who sold during the past four quarters received the second-highest percentage price gains of all by one… Read More ›
Tri-Cities all-cash home sales have slowed, but still command a dominant place in a market where home prices and rents are increasing faster than wages and housing is becoming less affordable. The latest figures in Attom Data Solution’s Q3 Home… Read More ›
Foreclosure activity in the six Northeast Tennessee counties included in a national analysis was down 30.7% from last year – almost double the decline nation-wide. There were 140 local properties with foreclosure filings, according to Attom Data Solution’s Q3 Foreclosure… Read More ›
