A flurry of labor market reports this month will provide a little better understanding of just where the Tri-Cities’ economic recovery stands. So far, a red-hot housing market and consumer spending have done most of the heavy lifting. December’s state… Read More ›
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Tri-Cities trend points to housing market moderation
Existing Tri-Cities homes sales for the 12-months ending Feb. 10 were down. That was expected. Housing market economists and experts said months ago the market was on the cusp of moderating from the pandemic sales and price surge. But for… Read More ›
New home permits surge; Canada a new supply chain gotcha
2-minute, 18-second readThe new home surge is on the way. Builders pulled 35 new home permits in Johnson City and Kingsport during January. That’s a little more than double the number during the first month of last year. It’s also… Read More ›
Johnson City’s Emerging Housing Market Index plunges, Kingsport-Bristol’s lot improves
2-minutes, 13- second readLarger housing markets replaced secondary and tertiary markets in the Wall Street Journal-Realtor.com winter Emerging Markets Index. At the same time, vacation destinations that reflect the remote work realities also increased in rank. Those moves saw the… Read More ›