Most local counties see higher cash home sale discounts than national median – Washington Co. VA is the exception

­­­­­­ Takeaways The lowest local median all-cash discount in Q1 was Washington Co. VA. Carter County was the only local market where the local median cash discount paced the national median. Johnson County saw the highest price per square … [Read more...]

Kingsport-Bristol, Johnson City MSA delinquent mortgage rates drop to four-year low

  The number of Tri-Cities seriously delinquent mortgages have dropped to four-year lows. According to CoreLogic’s current Foreclosure and Delinquent Mortgage Report, the number of delinquent mortgages in Kingsport-Bristol have dropped 2.1 … [Read more...]

Tri-Cities sales tax collections, employment growth by sector show strong March gains

The two last reports to track March's economic indicators are in and both are as positive as the job creation, employment and salary reports posted earlier on this site. Tri-Cities employers add 1,100 new jobs in March, jobless rates drop to … [Read more...]

Tri-Cities private sector wages on the upswing in March

The Tri-Cities' economy got a double dose of good news in March. Employment and the average private wage continued trending higher. The news was especially good for the Johnson City metro area. Preliminary, non-seasonally adjusted wages … [Read more...]