2019 Real Estate Predictions in Chattanooga, TN.

See what the professionals around the country think that 2019 will hold in real estate.

*Prices leveling off

*Fewer interest rate hikes

*Lots of Millennial home buyers

*A market slow down but with great fundamentals for the future real estate market

*A balanced ...

Chattanooga Home Sales in November

In November of 2018, the number of closed home sales were down by 6.4%.  The minor slow down is attributed to affordability concerns as home prices continue to rise and as mortgage rates rise.  Rising mortgage rates make one's monthly payment ...

Chattanooga August Real Estate Market Update

Closed home sales were down slightly (-2.5%) in August.  Constrained inventory has slowed home sales, because some consumers are not finding what they want.  Lawrence Yun (the NAR Cheif Economist) has stated that the consumer may get to a point where he ...

Why Are Home Sales Leveling Off?

For many months the Chattanooga real estate market and the national real estate market have seen the number of home sales be up each month.  During the past few month, those rises in home sales are not as large and less homes have ...

According to the National Association of Home Builders newly released survey, bathrooms are now the most popular room to remodel over kitchens. 

The 2018 NAHB Remodelers Chair, Joanne Theunissen, says that people are leaning towards smaller renovation projects like bathrooms rather than larger renovation projects like kitchens or additions ...

Reeling-in Dodd-Frank Means More Building

During the recession, the CFPB (Consumer Financial Protection Bureau) created the Dodd-Frank Act to protect the American financial system from future bank collapses and to make the lending process more transparent for the public.  Some of the “protections” put in place created a heavier ...

Here are the 15 most affordable states to buy a home according to Inman news.  Tennessee and Georgia made the list, but Tennessee was number 15.  Georgia was 11.  That does not surprise me as many home buyers have found Georgia to be a more affordable ...

Don't Miss Out on the Chattanooga Home You Want

The real estate market right now is one where that are few properties for sale and many home buyers looking to buy a home.  What that means is that you have a good amount of competition when buying a ...

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Curious about local real estate? So are we! Every month we review trends in our real estate market and consider the number of homes on the market in each price tier, the amount of time particular homes have been listed for sale, specific neighborhood ...