April’s Rent vs. Buy Report shows some shifts in the rent position, which now dominates Tri-Cities county markets with one exception. Hawkins County was neutral for the month, down from a 1% cheaper to rent position in January.
CORE DATA
Kingsport by the numbers
Led by Sullivan Co. area high-end home permits increase in Q1; existing market listings, sales down
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 ›
Non-farm jobs flirt with Tri-Cities pre-recession benchmark – recovery status
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 ›
New home construction picks ups; Piney Flats sees increased activity
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 ›