Sullivan, Greene counties bright spots in lackluster Tri-Cities area new home market

Tri-Cities new home construction is lagging last year with two exceptions. Sullivan and Greene counties saw more new residential permit pulls than the other counties. And almost all of the Sullivan County growth was in Kingsport. The local new … [Read more...]

Tri-Cities jobs growth rate slows; labor market at full employment, but…

The Tri-Cities labor market is slogging through the seasonal slump by slowing adding nonfarm jobs. So far this year, employers are averaging 40 new jobs a month. Last year they grew at an average rate of 134 a month. July's non-adjusted, … [Read more...]

Local housing market look good, but there are stress signals

A recent headline on the Wall Street Journal’s Real Time Economics blog proclaimed, “U.S. Labor Market Looks Great; Housing Not So Much.”  I’m not about to argue with that assessment. But If you dig past the national data and look at what’s happening … [Read more...]

Index points to more strong home sales in Sullivan, Washington, Hawkins counties

Look for a continuation of brisk existing home sales in Hawkins, Sullivan and Washington counties for the next 90 days. Those three local counties have a pre-mover index that's higher the than Tennessee and national benchmark, according to Attom … [Read more...]