Kingsport-Bristol dominates new Q2 loan and single-family home purchase originations; region outperforms national market

Kingsport-Bristol was the Q2 hot spot for new loan and single-family home purchase originations in the seven-county Tri-Cities region, which outperformed the U.S. market.  At the same time, Tri-Cities Home Owner Equity Lines of Credit eased off its … [Read more...]

Local co-buyers have bigger down payments, pay above the estimated value for single-family homes

A co-buyer real estate purchase is one where multiple, unmarried buyers are listed on the sales deed. Current data on local single-family sales show co-buyers are likely very good news for sellers, his or her Realtor. And these co-buyer purchases can … [Read more...]

New Census data show economic gains, losses in Tri-Cities 2 metro areas

An earlier report on the Census Bureau's 2017 American Community Survey showed last year was a growth year for the Tri-Cities despite some headwinds. A comparison showed jobs, pay, household incomes were up while public assistance was down.  A … [Read more...]

New Census data shows Tri-Cities jobs, pay, income growth; public assistance declines

Despite some headwinds and stress signals, the Tri-Cities is enjoying a strong economy so far this year that is building on 2017 which new Census data shows was also a growth year. American Community Survey (ACS) data for 2017 (released Sept. 13) … [Read more...]