Home

Data-driven reports on jobs, labor markets, housing and economic trends in Kingsport, Tenn. Bristol, Tenn. Bristol, Va. Johnson City, Tenn.

Housing market eases into slow-growth mode

By DON FENLEY TRI-CITIES, Tenn.  –  The Appalachian Highlands long-term housing tracker was up for the second straight 12-month period ending in mid-April. It’s signaling a slightly stronger peak spring season than pacing the pre-pandemic benchmark. April’s tracker is up… Read More ›

Washington, Sullivan housing data sends out “Best Buy” signals

By DON FENLEY TRI-CITIES, Tenn. – Washington County’s housing affordability index improved during the first three months of this year while Sullivan County lost ground. While many locals lament the lack of affordable housing, a comparison with other state counties… Read More ›

Flip sales lessened inventory shortage pain

By DON FENLEY TRI-CITIES, Tenn. – New homes are a critical part of bringing the NE Tenn. housing market’s inventory back to balanced conditions. That’s important because when market conditions are balanced, the market rights itself of the big ebbs… Read More ›

All-cash home sales down so far this year

By DON FENLEY Buyers have backed off cash sales so far this year. In January, they accounted for 28.9 percent of all sales. They picked up to 31.6 percent in February which is the bottom range for last year’s annual… Read More ›

2022 was a banner year for local house flip sales

By DON FENLEY TRI-CITIES, Tenn. – Investors flipped a record number of homes last year in this inventory-starved market. According to ATTOM, a property data provider, there were 749 flip sales in the region’s two metro areas last year. Combined,… Read More ›

Inventory watchers keep tabs on the pending sales – new listings dance

 By DON FENLEY Want to keep your fingers on two metrics that show where inventory is headed? A daily Multiple Listing service check does the trick. But it is monotonous. And since inventory is dynamic, it constantly changes. Here’s a… Read More ›

Johnson City area sees increasing new resident activity

By DON FENLEY Conventional wisdom holds that when inflation is high, people are less mobile. And according to the most recent U-Haul relocation analysis, the Tri-Cities are no longer Tennessee’s top destination. It’s in the top 10 but no longer… Read More ›

Verified by MonsterInsights