LABOR MARKET

Tri-Cities home prices post moderate July increases, lag U.S. and state markets

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Tri-Cities home prices posted moderate year-over-year increases in the Tri-Cities two Metropolitan Statistical Areas in July. CoreLogic’s Home Price Index put the Kingsport-Bristol increase at 3.7%, which was down 0.8% from June. The Johnson City MSA increase was 2.5%, unchanged… Read More ›

NE Tenn equity rich households dip, seriously underwater share inching upward

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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 ›

Almost half of home sales in 5 NE Tenn markets are all cash

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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 ›

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