Kingsport by the numbers
New permits for Tri-Cities high-end homes during the first three months of this year increased while permit pulls in the Chattanooga, Knoxville, and Asheville metro markets declined from Q1 2018 totals. That’s a reversal of the trend pattern for the… Read More ›
A hiring surge in the Kingsport-Bristol’s Leisure and Hospitality sector and an upward revision in March’s jobs pushed total Tri-Cities nonfarm employment above the pre-recession benchmark for the third straight month in April. Preliminary, nonadjusted numbers from the Bureau of… Read More ›
Talk to builders, and they’ll tell you that the Tri-Cities new home industry is booming. The most robust activity can be found in Sullivan and Washington counties. And when you compare new permits pulled in Q1 this year to last… Read More ›
March’s existing home sales report from the Northeast Tennessee Association of Realtors is strong. Residential sales were 11.8% higher than last year, the average single-family resale price is up 4.6%. At the same time, it must be noted that the… Read More ›
The local housing market is on the cusp of the prime buying and selling season and markets in the Tri-Cities two metro areas are not in step. Realtor.com’s housing market hotness index shows the Kingsport-Bristol metro area getting cooler while… Read More ›
March was another soft month for sales tax collections in the Johnson City metro area and the third straight month of negative year-over-year performance in the Kingsport-Bristol area. Seasonally adjusted year-over-year totals from the MTSU’ s Department of Economics and… Read More ›
Tri-Cities employers added 500 nonfarm jobs in March and the unemployment rate ticked up by 0.1%. Employment was 878 better than February’s total and the labor force increased by 1,218 people. March’s labor market picture was an extension of what… Read More ›
