Every county across Tennessee recorded an unemployment rate of 5% or less in May, according to recently released information.
A new listing seasonal surge was underway in May with a 7.8% (81 listings) increase compared to this time last year.
The Tri-Cities foreclosure market continued its downward trajectory in May with notable improvement over last year.Ìý
ÌýTri-Cities manufactured home sales posted a modest 7.9% year-over-year gain in May.Ìý
Northeast State Community College in May welcomed five new apprentice candidates from J.A. Street & Associates to the Regional Center for Advanced Manufacturing in downtown Kingsport.
Annualized home sales continued their narrow downward trend in May. Regionally, the market is shifting from a seller’s market to a more negotiation-friendly conditions for buyers and investors.
All but one county in Tennessee dropped their unemployment rates in April, according to recently released information.
The Tri-Cities' $1-million plus housing market is showing signs of tightening. There was one closing in April.
Kingsport continued to lead the region in total home sales last month but experienced a sharp decline in both sales and the median price that suggests a potential softening of demand.
The Tri-Cities economy is adding an average of 300 jobs a month so far this year. That’s the seasonally adjusted total for the first quarter.