Market Updates

Sept. 26, 2018

Chattanooga August Real Estate Market Update

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 ...

View More
Posted in Market Updates
Aug. 17, 2018

Why Are Home Sales Leveling Off?

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 ...

View More
June 8, 2018

Bathrooms Dethrone Kitchens as the Top Home Remodeling Job

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 ...

View More
May 29, 2018

Reeling-in Dodd-Frank Means More Building

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 ...

View More
Posted in Market Updates
May 23, 2018

15 Most Affordable States to Buy a Home

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 ...

View More
May 10, 2018

Don't Miss Out on the Chattanooga Home You Want

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 ...

View More
July 31, 2017

Curious About Local Real Estate?

Receive the Latest Local Market Stats

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 ...

View More
Posted in Market Updates