Author Archives
Demographic and economic reports focused on Northeast Tennessee and Southwest Virginia. Ghostwriting, research and consulting services. You can contact me at djfenley@gmail.com or at 4233838369
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Kingsport-Bristol, Johnson City MSA post moderate Q3 home price index appreciation
The Tri-Cities housing market dropped from being the leaders of the pack in the Federal Housing Finance Administration’s (FHFA) House Price Index (HPI) in the second quarter to the lower half in Q3. Quarterly price appreciation ranking aside, the Tri-Cities… Read More ›
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Business Pattern: Tri-Cities has best new establishment growth year in a decade
Tri-Cities business grow had its best year in a decade in 2017, according to the Census Bureau’s most current Business Patterns Report. That’s good news. It’s an annual average of 4.3 new firms a month. The annual growth rate since… Read More ›
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Tri-Cities jobs market inching toward recovery status – wage progress mixed
There were 550 more nonfarm jobs in October than in September, and there were 1,397 move people employed. The seven-county region’s unemployment rate of 3.3% was unchanged from September because the labor force increased proportionally to the number of employed… Read More ›
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The Tri-Cities – one MSA, how – then and now
Thirty some years ago, a group of Tri-Cities businesspeople was looking for a way to present their region in a way that would enhance how their marketplace was described. They were intrigued and motivated by Sales and Marketing Magazine’s Buying… Read More ›
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Here are the 4 Tri-Cities’ $48.6 million Opportunity Zone Projects, so far
Another information meeting on Opportunity Zones is scheduled at Meadowview Resort and Convention Center on Dec. 11. According to the Mastered in Tennessee website, there are currently four Opportunity Zone projects in the Tri-Cities area. The projects, business type, and… Read More ›
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Robust home sales + higher prices + low inventory = an imbalance in local housing market
It hasn’t been that long ago when the first words a Realtor would hear from a prospective buyer were, “what kind of foreclosures deals are out there?” Fast forward to today. The question is, “what’s out there that I can… Read More ›
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Tri-Cities foreclosure activity back to pre-recession levels
October’s foreclosure activity in the Tri-Cities region was flat when compared to September and October last year. That portion of the local housing market has reverted to pre-recession levels. There were 90 area properties with default notices, scheduled auctions or… Read More ›