Equity positions for most local housing markets higher than national, state levels

Takeaways: At the end of 2015 there were 24,474 area homes that were equity rich. At the same time, there were 8,527 homes that were seriously under water. Of the local homes in foreclosure most have equity, much more than those that are … [Read more...]

Kingsport-Bristol Dec. sales tax collections soar, increase at sower pace in Johnson City MSA

Kingsport-Bristol sales tax collections were again on the upswing in December. The four-county MSA’s year-to-year change put it second to Nashville for the best state-wide December performance. Collections in the three-county Johnson City MSA … [Read more...]

RealtyTrac launches data site providing ‘pre-diligence’ reports on homes for consumers

Free Property Report Allows Consumers to Identify Sex Offenders, Meth Labs, Environmental and Natural Hazards along with a Detailed Property Financial History RealtyTrac   today announced the beta launch of its new consumer focused, mobile … [Read more...]

Study shows inflation adjusted median incomes in all but two NE Tenn. counties drop more than 10%

In more than one-third of the nation’s counties, the inflation-adjusted median income has dropped by 10% or more since 2000, according to a Stateline analysis. In many of them, the drop in income can be traced to the disappearance of manufacturing … [Read more...]