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 ›
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 ›
Reunification of Tri-Cities region as one MSA hits bump in the road
Reunifying the Johnson City-Kingsport-Bristol region to one Metropolitan Statistical Area (MSA) status picked up momentum last month. The reasoning for the change is based on the reality that the region is one economic marketplace and needs single MSA status in today’s data-driven… Read More ›
Excellent and well written !!
I like the “BOOMER BABIES” lol
Donâ¦. Would you be so kind as to add Bristol, Tennessee Vice Mayor Lea Powers to your mailing list? Thank…
Thanks for the comment Debbie. It's a snapshot of today's conditions, stay tuned
Always of interest to get confirmation of what I see as the year moves on.