Tri-Cities has big Q3 increase in zombie forclosures

By DON FENLEY Halloween is an oddly appropriate time for a dramatic increase in zombie foreclosures here in the Tri-Cities, but that's what the numbers show. According to RealtyTrac’s Q3 Zombie Foreclosure Report, 117,298 homes actively in the … [Read more...]

Mortgage rates are headed to 5 percent. But don’t blame the Fed.

The Mortgage Bankers Association expects the average rate on a 30-year, fixed rate mortgage to rise slowly to 5.1 percent by the end of 2015 -- a full percentage point higher than where it was last week -- as the U.S. economy grows and the job market … [Read more...]

Most Kingsport family income ranges hold up against recession

By DON FENLEY Family incomes in Kingsport have increased since the recession, but buying power has declined for those earning the median  and per capita incomes when adjusted for inflation. A comparison of the recently released 2013 Census data … [Read more...]

Johnson City family incomes up since recession

By DON FENLEY Family income in Johnson City showed gains when the newly released 2013 Census data is compared to a 2008 pre-recession benchmark. The annual average family income is the highest in the Tri-Cities, but this year's private sector wage … [Read more...]