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Month: January 2017

It’s still cheaper to buy than rent in Sullivan and Washington counties; market shifts to favor renters over landlords

Sullivan and Washington counties are among the 345 counties nationwide where buying remains cheaper than renting. That’s according to ATTOM Data Solutions current Rental Affordability Report. The analysis focused on the 540 counties that had at least 900 home sales… Read More ›

Q3 retail sales post gains everywhere except Kingsport

Tri-Cities retail sales enjoyed a robust third quarter with one very notable exception. Kingsport’s retail expansion that began in 2012 seems to have run out of steam. ETSU Economist Steb Hipple’s Q3 analysis shows the Model City has reported two… Read More ›

Tri-Cities sale tax collections continue slump in November

Morristown was the only MSA in NE Tennessee that had positive sales tax collection in November. Both Tri-Cities Metro areas were down, and Knoxville posted the region’s biggest year-over-year decline. The pattern was in step with national consumer spending which… Read More ›

Indicators show Tri-Cities home prices continue trending lower

Home prices in the Tri-Cities two Metropolitan Statistical Areas continued trending lower in November on two major price indicators. The CoreLogic House Price Index and the Northeast Tennessee Association of Realtors year-to-date average sales price have loosely followed the same… Read More ›

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