Home affordability drops to 11 and 9-year lows in Sullivan and Washington counties

Housing affordability dropped to an 11-year low in Sullivan County and a nine-year low Washington County during the last quarter of 2018.  But even though homes were less affordable, Sullivan and Washington are still among five of the 13 Tennessee … [Read more...]

Johnson City sales tax collections led the region in Oct; Kingsport-Bristol continues strong market share position

The Johnson City metro area had the best retail sales collection performance in Northeast Tennessee in October. It was the third straight monthly year-over-year increase for the three-county Metropolitan Statistical District (MSA) which has … [Read more...]

Tri-Cities federal workers have highest avg. weekly wage of major labor market subgroups

Tri-Cities federal workers have the highest average weekly wage for major labor market subgroups. Those Bureau of Labor Statistics Quarterly Census of Employees and Wages subgroups include total workers covered, the private sector, federal, state and … [Read more...]

Perfect storm crimps Tri-Cities new home permits; builders say there’s still room for growth

The Tri-Cities new residential permits report was slammed by a perfect storm of bad consequences during Q3 and the first nine months of this year. Labor and material costs were up, new codes tacked some hefty increases on the average cost of a new … [Read more...]