Talk to builders, and they’ll tell you that the Tri-Cities new home industry is booming. The most robust activity can be found in Sullivan and Washington counties. And when you compare new permits pulled in Q1 this year to last… Read More ›
Month: May 2019
Economic stress flags in housing market. The number of Tri-Cities underwater homes make big increase
March’s existing home sales report from the Northeast Tennessee Association of Realtors is strong. Residential sales were 11.8% higher than last year, the average single-family resale price is up 4.6%. At the same time, it must be noted that the… Read More ›
Index shows Johnson City metro housing market heating up; Kingsport-Bristol cooling off
The local housing market is on the cusp of the prime buying and selling season and markets in the Tri-Cities two metro areas are not in step. Realtor.com’s housing market hotness index shows the Kingsport-Bristol metro area getting cooler while… Read More ›
Johnson City metro area see soft March, Q1 sales tax collection growth; Kingsport-Bristol can’t sustain last year’s performance
March was another soft month for sales tax collections in the Johnson City metro area and the third straight month of negative year-over-year performance in the Kingsport-Bristol area. Seasonally adjusted year-over-year totals from the MTSU’ s Department of Economics and… Read More ›