By DON FENLEY TRI-CITIES, Tenn. – State sales tax collections are up from last year, but the growth rate has plunged from 15% in February to 0.2% in May. So far this year, non-adjusted collections in the Johnson City metro… Read More ›
TRENDS
Housing moderates, growth focus turns to labor market
By DON FENLEY TRI-CITIES, Tenn. – One advantage of watching long-term real estate trackers is it helps cut through many of the contradictions and confusion that are staples during market cycle transitions. The TCI’s Appalachian Highlands long-term housing market tracker… Read More ›
Average local income, economy putting pressure on residents
By DON FENLEY TRI-CITIES, Tenn. – The typical Tri-Cities family has an average household income of $66,773, according to the Census. That is about 6% less than what the typical U.S. family earns. But neither reach the level respondents to the… Read More ›
Housing affordability ABC’s; Sullivan current least affordable market
By DON FENLEY TRI-CITIES, Tenn. – Sullivan Co. kept the dubious distinction of having the least affordable housing in the Appalachian Highlands in the current version of Atlanta Federal Reserve Bank’s Homeownership Affordability Tracker. The numbers are valid, but the… Read More ›
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