– Johnson City MSA labor market – avg. pay growth outperforms Kingsport-Bristol – Kingsport-Bristol sees first monthly year-over-year avg. wage decrease since Oct. 2014 -Multiple indicators signal slower growth rate -Labor force may be the biggest headwind to future job growth… Read More ›
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 ›
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 ›
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 ›
Almost every real estate ad focuses on a family or couple and their new home. But that’s only part of the story. The ranks of single homeowners have steadily increased as people marry later or choose the single life. That… Read More ›
Residential property vacancy rates are a data set that usually fly under the public radar. It’s sort of wonky, they’re several ways to slice and dice it. But it’s also a good resource to get a peek under the housing… Read More ›
The Tri-Cities area housing market is not a good place for zombies – at least not those of the foreclosure ilk. RealtyTrac’s Q3 Residential Property Vacancy and Zombie Foreclosure Report there were 18,304 housing zombies out there. A housing zombie… Read More ›
[…] The Tri-Cities employment is in its best shape since the year began, but the gains are concentrated. At the…
Thanks for the question Jeff. Kingsport was not listed because there were no closing of $1 million plus properties during…
Great report Don Why was kingsport not listed ? Jeff Begley Founder & Principal Begley Development LLC
[like] Darren Murray reacted to your message:
Thanks so much for your good information