Median Tri-Cities home down payments lowest in East TN

If you think the 20% down payment you read so much about is the norm – think again. And looking at the average down payment and the average loan amounts compared the other metro areas in East Tennessee, and the nation is a pretty good snapshot of … [Read more...]

Sales tax collections down ever where except Morristown

January was a tough month for sales tax collections in the Tri-Cities and across Northeast Tennessee's other metro areas – with the exception of Morristown. Morristown was the only NE Tennessee Metropolitan Statistical Area (MSA) with an increase … [Read more...]

House flips at local record high; Greene, Sullivan top counties for ROI

House flipping increased in popularity and profitability in the Tri-Cities last year. Investors in six of eight local markets had a gross return on investments (ROI) on flips that were well above the national average. Flippers in Sullivan and Greene … [Read more...]

Key indicators show Tri-Cities growth slowing; Johnson City leads growth trends

Six of 10 key indicators paint a picture of a growing 2017 Tri-Cities economy, but trend lines for all but three show a flattening or pronounced growth rate declines. At the same time, the four-county Kingsport-Bristol Metropolitan Area (MSA) trailed … [Read more...]