Buying a Home

Sept. 29, 2023

Incentives When Buying a New Home Are At a 4 Year High

Incentives when buying a new home are at a 2 year high.  
The problem for most new construction home buyers over the past 2 years is that they have not had any leverage to negotiate.  New construction home buyers would love to be able to get a little ...

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Sept. 15, 2023

Common Questions Home Buyers Ask

Here are the common questions that home buyers ask in 2023:

  1. How Do I Afford a Home? Many homebuyers are concerned about rising home prices and whether they could afford to buy a home in their desired location. Low housing affordability can be a significant barrier to homeownership.  As ...

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Posted in Buying a Home
Aug. 15, 2023

How to find a home when inventory is low

Finding a home in a low-inventory real estate market can be challenging, but with some strategic planning and persistence, you can increase your chances of success. Here are some tips to help you navigate this situation:
    1    Work with a Real Estate Agent: An experienced real estate agent ...

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Aug. 10, 2023

The National Association of Realtor Real Estate Forecast

The National Association of Realtor Real Estate Forecast

You may not know, but the housing industry was in a recession from 1st quarter of 2021 until the 1st quarter of 2023.  The number of home sales went down a good bit (due to home inventory shortages and then later ...

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May 18, 2023

How to Buy a Home From Start to Finish Part 2

Buying a Home from Start to Finish Part 2
Once you find the home you like, step 5 of buying a home is putting an offer on the home.
Your Realtor will send you homes that sold like the home that you want to buy in order to help guide ...

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May 16, 2023

How to Buy a Home From Start to Finish Part 1

How to Buy a Home from Start to Finish Part 1

Step 1 is to find yourself an Accredited Buyer’s Representative.  Someone who has the ABR Designation.  You want a Realtor who has taken extra education to represent you well when you buy a home.


Step 2 is ...

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Posted in Buying a Home
March 18, 2023

Chattanooga Home Buyers Are More Nervous in 2023

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 ...

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Sept. 19, 2022

August Chattanooga Home Sales Report

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 ...

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Sept. 16, 2022

Home Sale Concessions Are Coming Back

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 ...

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Aug. 29, 2022

1st Time Home Buyers Have More Opportunities to Buy a Home

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 ...

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