There’s a backlog of Tri-Cities foreclosures building up. It shouldn’t be anything like the wave of foreclosures during the Great Recession. But the red flags are waving. There’s also no way to predict how big the national backlog will be… Read More ›
It’s more affordable to buy a median-priced Tri-Cities home than renting – if you can find one. Local potential buyers face the biggest affordability issue in seven years because the inventory of everything on the market is at an all-time… Read More ›
Bloomberg.com is reporting that more than 340 companies declared bankruptcy in 2020 and blamed Covid-19 in part for their demise. The bulk of the small firms doesn’t get much public notice. But the local effect goes deeper than mass media… Read More ›
The housing market is going the wrong direction for some local home buyers. According to the latest analysis, affordability conditions in Sullivan and Washington counties are at a 7-year low and similar conditions exist throughout the region. The impotent affordability… Read More ›