The number of equity-rich homeowners in the Northeast Tennessee is shrinking while the number of owners who are seriously underwater properties is increasing. In both cases the changes are nominal. It’s not enough to set off alarms, but it does… Read More ›
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Data-driven reports on jobs, labor markets, housing and economic trends in Kingsport, Tenn. Bristol, Tenn. Bristol, Va. Johnson City, Tenn.
Almost half of home sales in 5 NE Tenn markets are all cash
Despite 100% home loans and low mortgage rates, cash remains king for Northeast Tennessee-Tri-Cities home resales. According to a recently released RealtyTrac analysis, almost half of Q2 sales in five of nine local county markets were cash. It’s not a… Read More ›
Tri-Cities commute patterns – where do people live and where do they work
The median commute time in the Tri-Cities is just under 30 minutes. But that’s only the Census Bureau’s numbers crunch and doesn’t account for the wreck that has a lane closed on the interstate or looky-loos backing up 11W for… Read More ›
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