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Economic Development 101 – Growing The Tri-Cities Population

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The Tri-Cities used to have limited recognition as a place for affordable housing in a low cost-of-living area that was a good place to invest in a home and live. That’s not the case anymore. There has been a flood… Read More ›

Here’s where the vacant residential investment properties are

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One of the most-repeated  questions  these days is, “Do you know of any rentals.” There’s a current report from Attom Data Solutions to lists the number and number of vacant investment residential properties by zip code. There’s no guarantee you’ll… Read More ›

March reports will add context to local economic recovery

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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 ›

Tri-Cities trend points to housing market moderation

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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

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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

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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 ›

Johnson City dominates Tri-Cities housing market share

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The Tri-Cities area housing market lurched into 2022 with a record-low inventory and sales that looked a lot like they did in the final months of 2021. During the 12 months ending on Jan. 10, sales were up about 10%… Read More ›

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