By DON FENLEY TRI-CITIES, Tenn. – Buyers in today’s challenging housing market face a unique choice. Simply put, the stubborn lack of existing home inventory and stepped-up new home construction are presenting increasing examples of new home prices competing with… Read More ›
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Data-driven reports on jobs, labor markets, housing and economic trends in Kingsport, Tenn. Bristol, Tenn. Bristol, Va. Johnson City, Tenn.
Newcomer tax data boosts local income
By DON FENLEY TRI-CITIES, Tenn. – Add this information from the IRS and the Economic Innovation Group (EIG) to your file about the affect new residents are having on the Tri-Cities region. The bottom line is the tax data is… Read More ›
Housing tracker shows a small shift in August sales trend
By DON FENLEY TRI-CITIES, Tenn. – The TCI Group’s Appalachian Highlands long-range housing tracker moved higher for the first time in three months in August. The tracker monitors existing home sales in monthly 12-month increments. August’s increase is small. It… Read More ›
Odds for local home price drop not good
By DON FENLEY TRI-CITIES, Tenn. – The housing market is in uncharted waters, and it’s throwing homebuyers for a loop. And the most recent top-down market analysis doesn’t offer much for locals. The latest wisdom: it’s unlikely prices will… Read More ›
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