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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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 ›
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Homeowners get control of spike of seriously underwater mortgages
At the same time alarm bells are going off about subprime car loans and delinquency rates there was some good news out of the Tri-Cities housing sector. The number of homeowners with underwater mortgages has dropped to a two-year low,… Read More ›
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Veterans account for almost 10% of the Tri-Cities’ population
The Tri-Cities is veteran rich area. According to the most current Census estimates there are a little more than 39,400 vets living the seven-county region. That’s a 9.5% share of the total population compared to Tennessee’s 8.2% share and the… Read More ›
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Tri-Cities jobs, employment increases in Sept. – no sign of a slow down, yet
The Tri-Cities labor market has moved beyond the seasonal slump now that schools are back in session. Employers continue adding non-farm jobs, and employment is higher without signs of slow-down. So far this year, employers have added an average of… Read More ›
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Kingsport-Bristol sellers rank very high in price gains
Consistent reports have shown that the Tri-Cities region’s housing market is still strong. Here’s another one that may raise some eyebrows. Kingsport-Bristol homeowners who sold during the past four quarters received the second-highest percentage price gains of all by one… Read More ›
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All-cash sales account for one-in-three Tri-Cities home sales
Tri-Cities all-cash home sales have slowed, but still command a dominant place in a market where home prices and rents are increasing faster than wages and housing is becoming less affordable. The latest figures in Attom Data Solution’s Q3 Home… Read More ›
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Tri-Cities area foreclosure activity down 30.7% from last year
Foreclosure activity in the six Northeast Tennessee counties included in a national analysis was down 30.7% from last year – almost double the decline nation-wide. There were 140 local properties with foreclosure filings, according to Attom Data Solution’s Q3 Foreclosure… Read More ›
