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Month: September 2016

Peeling back the covers on NE Tenn’s housing market for a look at investor rental vacancy rates

Residential property vacancy rates are a data set that usually fly under the public radar. It’s sort of wonky, they’re several ways to slice and dice it. But it’s also a good resource to get a peek under the housing… Read More ›

Tri-Cities’ region virtually free of housing market zombies

The Tri-Cities area housing market is not a good place for zombies – at least not those of the foreclosure ilk. RealtyTrac’s Q3 Residential Property Vacancy and Zombie Foreclosure Report there were 18,304 housing zombies out there. A housing zombie… Read More ›

Tri-Cities home prices post moderate July increases, lag U.S. and state markets

Tri-Cities home prices posted moderate year-over-year increases in the Tri-Cities two Metropolitan Statistical Areas in July. CoreLogic’s Home Price Index put the Kingsport-Bristol increase at 3.7%, which was down 0.8% from June. The Johnson City MSA increase was 2.5%, unchanged… Read More ›

Some Johnson City residents who work in their home town did better after recession that other local cities

Changes caused and augmented by the Great Recession were deep, dramatic and some are still not risen to broad public attention. This post is another dive into the Census Bureau’s Local Employment Dynamics data in an attempt to better define… Read More ›

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