HUD’s fair market rents (FMR) for the Tri-Cities reflect the same thing we’ve seen in other metrics for rents – a slight decline in rates for three-bedroom units. One and two-bedroom rents are another matter. They increased in the Johnson… Read More ›
CORE DATA
Kingsport by the numbers
Sullivan, Washington Co. average rents down, gross rental yields up in Q3
Average rents for three-bedroom homes in Sullivan and Washington Counties single-family were down during the third quarter this year, while average annual gross rental yield were up. Institutional investor purchases posed a big gain in Sullivan, but delinked in Washington… Read More ›
Washington Co. sees lion’s share of major NE Tenn. foreclosure filing increase
Foreclosures are poised to make a rebound on the local housing market. In stark contrast to the national distressed property situation, new foreclosure filings in the Tri-Cities region increased dramatically during the third quarter. REO filings in the seven Northeast… Read More ›
Sullivan, Washington counties see small home affordability increase; home prices increased faster than wages
Homes in Sullivan and Washington counties were slightly more affordable during Q3 than they were during the same period last year according to a RealtyTrac market analysis that shows wages didn’t keep pace with home price increases. But while home… Read More ›
Kingsport-Bristol claims increasing share of Tri-Cities sales tax collections, rural areas command lion’s share of Q2 retail sales
Tri-Cities retail sales were mixed in Q2 as were the August sales tax collections. Most of the media attention from ETSU economist Steb Hipple’s Q2 report when to the horse race question of which city’s retail sales were up the… Read More ›
Tri-Cities jobs, employment, private sector wages up in August – rate of jobs growth begins to slow
The Tri-Cities labor market moved out of its seasonal slump in August with a with 3,100 more nonfarm jobs than July. Compared to August last year that’s a 1.2% increase and the 17th straight month of year-over-year gains. August preliminary,… Read More ›
Sullivan Co. household incomes up 9.8%, Washington Co. up 5.9%; area self-employment down
Tri-Cities households posted their strongest income gains since the Great Recession in the latest Census data, and a county-level drill down shows even stronger progress – especially in Sullivan County. Sullivan ‘s median household income has been slowly gaining on… Read More ›
Excellent and well written !!
I like the “BOOMER BABIES” lol
Donâ¦. Would you be so kind as to add Bristol, Tennessee Vice Mayor Lea Powers to your mailing list? Thank…
Thanks for the comment Debbie. It's a snapshot of today's conditions, stay tuned
Always of interest to get confirmation of what I see as the year moves on.