Found 1 blog entry tagged as real estate market trends.

How the Tri-Cities Middle Class Is Shaping Today’s Housing Market

The Tri-Cities housing market is still largely driven by the middle class, but the structure of that middle-income population is changing in ways that are increasingly influencing home prices, buyer demand, and where growth happens across the region. While more than half of local households still qualify as middle class, that group is not evenly distributed across income levels. Instead, the market is being shaped by a larger concentration of lower-middle income households and a smaller but important upper-middle income segment. That divide is becoming one of the clearest forces behind how the Northeast Tennessee housing market behaves.

The Tri-Cities Middle Class Is Split Into Two…

122 Views, 0 Comments