Local, local, local is a mantra for reports on this page because much of the time local conditions don’t mirror what you read or see on media reports. The 2020 house flipping story is the most current example. According to… Read More ›
TRENDS
A housing correction – but not a crash
Some locals who want to buy a home – just not at today’s prices – have marshaled their reserves and are waiting for the current local housing market to crash. It could be a long wait. For now, the pandemic… Read More ›
Covid-19’s bite on local small businesses
Bloomberg.com is reporting that more than 340 companies declared bankruptcy in 2020 and blamed Covid-19 in part for their demise. The bulk of the small firms doesn’t get much public notice. But the local effect goes deeper than mass media… Read More ›
Census designation causes Kingsport-Bristol to miss out on home price analysis
Seller returns on resales were going gangbusters during the first three months of this year. The typical home-seller profit represented a 33.7% return on investment compared to the original purchase price. That was the situation nationwide and the local price… Read More ›