Fort Blackmore
Real Estate
Tri-Cities localities continue to excel in WSJ housing market ranking
TRI-CITIES, Tenn./Va. (WJHL) — The Johnson City, Kingsport and Bristol metro areas returned to the top 15 in this fall season’s Wall Street Journal-Realtor.com emerging housing markets index. The quarterly index puts Johnson City at 10th and Kingsport-Bristol at 11th for emerging housing markets. This is the second straight time both areas made the top […]
Two Kingsport homeowners could lose half of their land to eminent domain
KINGSPORT, Tenn. (WJHL) – A pair of Kingsport homeowners say they face losing around half their property due to a TDOT road widening project. The Tennessee Department of Transportation is planning a two-phase widening of Memorial Drive/State Route 126 from Center Street to east of Cooks Valley Road. Next-door neighbors Scott Place and Garrett Hardy […]
Average Kingsport home permit value up 41% from 2022
JOHNSON CITY, Tenn. (WJHL) — Developers continue to start more single-family homes in Kingsport and Washington County than they do in Johnson City, and that gap has widened so far this year. Meanwhile, the average permit value has continued to rise steeply, with Kingsport seeing the biggest increase at 41%. That jump has brought the […]
300+ housing units in pipeline for Tri-Cities Crossing
KINGSPORT, Tenn. (WJHL)—Hundreds of housing units are in the development pipeline in the area surrounding Tri-Cities Crossing, but the future of a proposed retail center at the I-81/I-26 interchange is still uncertain. Kingsport Economic Development Director John Rose said the developer, Stewart Taylor, is still searching for businesses to move into the shopping center. “He […]
Commission to consider selling small section of Church Hill property to ECU
The Hawkins County Commission’s Budget Committee will take a month to consider an offer from Eastman Credit Union to purchase a half acre adjoining the old Mountaineer Restaurant property in Church Hill. In January the County Commission voted to purchase the former CIVIS Bank property from Thread Bank for $550,000. That purchase includes the 3,244 square foot building which is located on 5.18 acres at 150 S. Central Avenue in Church Hill adjacent to the Food Lion shopping complex. ...
Strip centers are commercial real estate’s hot item
Strip centers are one of the hottest tickets in the Tri-Cities area – and US – commercial real estate these days. High occupancy rates have become the norm, according to the Northeast Tennessee Association of Realtors (NETAR). Nationwide, the occupancy rate at strip-center real-estate investment trusts stood at 95.3 percent. That’s a level not seen […] The post Strip centers are commercial real estate’s hot item appeared first on www.elizabethton.com.
Kingsport sees growth in new home construction
KINGSPORT, Tenn. (WJHL) – The city of Kingsport has issued over 220 building permits for single-family homes for the 2023 fiscal year, which is already more than the 203 permits issued in 2022. Kingsport Assistant City Manager, Jessica Harmon, sees the city growing steadily and doesn’t expect it to slow down. “Where we see 220 […]
Commercial real estate sales down, market resilient in NE TN
Commercial real estate transitions in June and the first half of this year have been tepid while the overall market has remained resilient, according to the Northeast Tennessee Association of Realtors (NETAR). “That’s typical during a period when there’s economic uncertainty,” said Jerry Petzoldt, chair of the NETAR’s Commercial Committee. “Investors and businesses are working […] The post Commercial real estate sales down, market resilient in NE TN appeared first on www.elizabethton.com.
Kingsport, JC in top 10 of WSJ housing market ranking
JOHNSON CITY, Tenn. (WJHL) — The Johnson City and Kingsport-Bristol metro areas both returned to the top 10 in the quarterly Wall Street Journal-Realtor.com emerging housing markets index, which was released Wednesday. Johnson City ranked 8th, marking its sixth straight quarter in the top 20 markets, which are listed by name each release. The three-county […]
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