Some of the chaos in the mortgage marketplace is easing, and a couple of local shops are reporting some record-level months. At the same time, the number of closings on residential resales were up during the last week of April…. Read More ›
TRENDS
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 ›
COVID-19 accelerates retail apocalypse pushing struggling malls to innovate
You can file this one under trend potential. Much of the commercial real estate market is in dark times – especially retail and restaurants – and that’s pushing struggling malls to claim necessity as the mother of invention. The outlook… Read More ›
Childcare cost a big deal, but it pales in comparison to elder daycare
Child-care is a hot-button du jour topic in the regionalism, population growth, economic development communities. It’s not hard to understand why. The tab in our area can be more than the average mortgage payment for a median-price home. That makes… Read More ›