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 ›
LABOR MARKET
Tri-Cities’ region virtually free of housing market zombies
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 ›
Tri-Cities home prices post moderate July increases, lag U.S. and state markets
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
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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