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Old 02-28-2008, 08:07 AM
 
Location: Kingsport, TN
1,697 posts, read 6,803,448 times
Reputation: 1793

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As the nation seemingly careens toward a date with economic recession, the conventional wisdom about Northeast Tennessee’s economy — that lower economic peaks in good times translate into shallower valleys in bad times — appears to be holding true, particularly with respect to real estate, the main focus of most Americans’ angst.

By nearly any measure, from home prices to foreclosure rates, the Tri-Cities is weathering the storm that threatens to engulf many areas.

:: Johnson City Press - News :: (http://www.johnsoncitypress.com/Detail.php?Cat=LOCALNEWS&ID=61720 - broken link)
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