Kingsport-Bristol, Johnson City MSA single-family new home construction still in low gear

By DON FENLEY April’s new residential building permit reports told an all-too-familiar Tri-Cities story. Fewer permits for privately owned single-family homes were issued. That  part of the region’s new home market performance has steadily … [Read more...]

Real Estate crowdfunding site reaised $31 M

According to the New York Times Fundrise, a website that aims to draw in a broad range of investors to finance commercial real estate deals, has raised more than $31 million in its first round of funding from a group of prominent technology, real … [Read more...]

Kingsport-Bristol, Johnson City MSA homes add equity; foreclosure, delinquent mortgage rates down

 By DON FENLEY Two additional perspectives on the local housing market’s performance released this this week were brimming with good news. FHFA's Q1 All-transaction Home Prices Indexes shows some solid gains on the 1-year metric and the 5-year … [Read more...]

April 2014 v. April 2008 how Kingsport-Bristol, Johnson City MSA jobs hold up

By DON FENLEY Here's how the non-farm jobs situation in April looked when compared to April, 2008 - the year before the recession hit here. The data is non-seasonally adjusted monthly totals from the Bureau of Labor Statistics payroll survey. The … [Read more...]