In the last month, I have seen the uncertainty in the market make some home buyers more nervous.  Don’t get me wrong, people are still buying homes in the Chattanooga area and home prices are still pretty stable.  1 year ago, a seller had the option to easily ...

Chattanooga homes sales and Chattanooga pending home sales were down in August 2022.  Funny enough, the Chattanooga median sale price was still up 11% despite lower home sale sales.  Housing becoming more expensive due to rising interest rates and low inventory is why home prices are still rising ...

After two crazy years of frantic Chattanooga home sales, home sale concessions are coming back.  In the past two years people were buying Chattanooga homes without asking for help with closing costs, without an inspection contingency, and even without a financing contingency.  Many home warranty companies either went ...

Melissa Lutz from the National Association of Realtors (NAR) spoke to home builder and Realtors last week. 

One key thing she pointed out was that First time home buyers have more opportunities to buy a home right now compared to the past 6 months or even the past year ...

Home mortgage rates lowered on Monday after the Federal Reserve announced that it would raise interest rates last week.  The Federal Reserve has been raising interest rates in order to get inflation under control as it was as high as 11.3% in June.  Mortgage broker, Chad Harris ...

The national median sales price of current homes has reached $400,000 for the first time - 15% higher than that a year ago based on the National Association of Realtors reports.

Even if existing home sales are declining nationwide, the housing supply has been slowly increasing, with inventories thatare ...

Over the past two years, booming markets have sparked a purchasing craze for everything from stocks and crypto to new housing. The search for safe haven investments is now in full swing with inflation at a roughly 40-year record and with at least three rate increases factored in.

Real estate ...

Despite the public's fears that the real estate market is in a housing bubble, there are market fundamentals that show that there are legitimate reasons for rising home prices. "Shifts in disposable income, the cost of credit and access to it, supply disruptions, and rising labor and raw construction ...

As a home buyer, you are probably wondering if this is the right time to buy a home. With interest rates rising, some think housing prices may go down.  I personally do not think they will go down much and other experts agree with me, but let's say ...

During a segment of Wharton Business Daily's Real Estate special, Wharton Real Estate Professor Ben Keys explains the impact of high mortgage rates on the housing market.

For the first time in a long time, mortgage interest rates rose above 5% last week. Rates haven't been this high ...