The Tri-Cities labor market had its best jobs-gain month of the year in May. It added 700 non-farm jobs. At the same time, the unemployment rate made a slight increase to 3.4%. In general terms, 3% or less is considered… Read More ›
CORE DATA
Kingsport by the numbers
Here’s where the vacant residential investment properties are
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 ›
Tri-Cities rents are high, so is occupancy rate
Almost one-in-three residential properties in the Tri-Cities are rental properties, and 95.2% are occupied. The same crunch exists in the apartment market. And the inventory of homes for sale is at an all-time low. Some real estate investors and professionals… Read More ›
Local condo prices up, sales down
Prices were up 9.5% for local condominiums and townhomes last year, but sales were down. Lack of inventory and the local preference for detached housing are the drivers for what’s a lackluster annual performance in comparison with other real estate… Read More ›