2016 was a good year for the Tri-Cities labor market. Employers added 2,400 nonfarm jobs despite a steadily decreasing growth rate. Employment and the labor force increased from 2015 totals, and the average annual unemployment rate of 5% was a… Read More ›
Tri-Cities households have undergone changes in the wake of the Great Recession that may not be as dramatic as reports on the “hollowing out of the middle-class” but are reshaping local demographics. For instance: The number of middle-income households has… Read More ›
As expected President Trump put the brakes on the FHA’s planned mortgage insurance premium reductions. Even if the reduction has been approved – or it some pro-housing lobbies get it reinstated – it won’t help local buyers as much as the… Read More ›
Although foreclosure activity dropped to a 10-year low on the national level, properties with filings in the Tri-Cities region were back to recession levels in 2016. ATTOM Data Solution’s year-end 2016 Foreclosure Market Report shows filings were down 14% from… Read More ›
You must be logged in to post a comment.