Tag: real estate
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A Matter of Perspective: Housing, History, and Kingsport’s Future
We hear a lot about housing affordability these days. The real challenge is distinguishing between national trends that affect everyone and local conditions that vary by community. Our perception of the data is shaped not just by statistics but also by our age and lived experiences. I once knew a Realtor who entered the market…
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Unlocking Economic Growth: New Housing’s Impact on Sales Tax Revenue
I was recently asked about the fiscal impact of a typical housing development on Kingsport’s sales tax revenue. Let’s consider a recent development with 77 single-family homes and 16 condos, totaling 93 units. Assuming a median price of $350,000 per home, a buyer would need an income of approximately $80,628 to afford this with a…
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Move to Kingsport – January 2025
The Move To Kingsport program was one of several initiatives launched following the 1999 Economic Summit. It was among five non-traditional economic strategies designed to help the city navigate significant downsizing in domestic manufacturing, a sector crucial to Kingsport’s industrial heritage. The other four strategies focused on higher education (notably a downtown campus), tourism (including…
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Is Kingsport Growing or Dying?
I know I’m a city planning geek who thinks way too much about this stuff, but have you ever wondered what the “right size” for a city really is? Of course, the answer depends on individual preferences. But even if you find a city that feels like the perfect fit, how can you be sure…
