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 ›
Data-driven reports on jobs, labor markets, housing and economic trends in Kingsport, Tenn. Bristol, Tenn. Bristol, Va. Johnson City, Tenn.
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 ›
Economic stress flags in housing market. The number of Tri-Cities underwater homes make big increase
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 ›