fbpx

Month: June 2019

Tri-Cities apartment market: Strategic growth, are higher rents reaching tipping point?

At mid-year, the Tri-Cities apartment market is a cauldron of strategic growth, heightened investor interests pushing the upper limits of local average rent market prices and some concerns about rent concessions.  According to Realtor.com, renting is currently a better economic… Read More ›

Tri-Cities sales tax collections continued lackluster performance in April

Seasonally adjusted sales tax collections in the three-county Johnson City Metropolitan Statistical Area (MSA) are up 0.6%  so far this year while collections in the four-county Kingsport-Bristol MSA are down by 2.9%. Collections for NE Tenn’s  four MSAs were up… Read More ›

Local home flip market sees slight softening from last year; gross median profits up

During the first three months of this year, 115 homes were flipped the four local counties analyzed in Attom Data Solutions Q1 Home Flipping Report. The number of flips as a percent of total sales in Washington and Carter counties… Read More ›

Tri-Cities entrepreneur receipts, how much and average per labor sector

So, there’s a little over 30,000 nonemployer firms with receipts of $1.2 billion in the Tri-Cities. That’s receipts – the total amount received from all sources with no costs or expenses subtracted – not the payroll. And $1.2 billion is… Read More ›

Verified by MonsterInsights