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2017 Real Estate Recap

And that’s a wrap…. the 2017 Real Estate Market is closed out and buyers and sellers are marching forward into the new year. Let’s take a minute to recap what happened over the past 12 months. Closed Sales of residential units were up +1.1% for the year, thus closing out a total of 9,766 sales... Read more »

2018 Real Estate “Projections”

Over the last 12 months, many of the topics in this space have used past sales and statistics to provide insights and information. Today we will take a moment to look into 2018 and share some of my personal predictions. Home sales in the Greater Chattanooga region will continue along a positive path in 2018. ... Read more »

“Surban” Living Gains Momentum!

One of the hottest trends in the real estate industry across the country is the merger of suburban and urban areas to create a living style now known as “surban.” Urban planners have historically used the term “mixed use” areas as the descriptor word for a community that offers greater walkability to retail and restaurants... Read more »

“Santa” delivers a bag full of gifts

Old St. Nick delivered a sack full of good news for the Greater Chattanooga housing community with the November market report! Closed sales for the month of November were up +5.7% to the same month last year, which leaves the market with a +1.4% increase Year to Date. Keep in mind that sales in 2016... Read more »

Plan NOW if selling a home in 2018

So, you are thinking about selling your home next summer, because that’s the busiest time of the year for real estate sales. While this is a true statement, take a moment to consider why you should go ahead and call a Realtor now. The traditional mindset has been that you put your house up for... Read more »

Hurry up and Wait

On a recent business trip, I realized there are numerous parallels between airline travel today and a home purchase.  At times both processes are a case of “hurry up and wait”. Most airline travelers today, book their flight in advance and arrive early on the day of travel to ensure they are ready to go.  This... Read more »

Proposed tax reform hurts homeowners

Federal Income tax reform is a hot topic in Washington right now and some elements being discussed may actually harm middle class homeowners, according to the National Association of Realtors. The National Association of Realtors (NAR) issued a “call to action” this past week for its 1.3 million members to contact their Senators and Congressmen... Read more »

September home sales announced

The Greater Chattanooga Region fell in line with the national trend of declining home sales in September with a 10.8% decrease. For the month of September there were 784 closed units compared to 879 for the same period in 2016. This decrease continues the developing trend of up and down-home sales this year. Over the... Read more »

It’s Time to Move

A part of you knows you need to sell your house and move (upsize, downsize, etc) but right now you are in total denial. Your spouse, family and friends are telling you, it’s time to move but you resist and begin to accumulate “reasons” why now is not the right time. You may need to... Read more »

Local Realtors work with Commercial Clients

While the focus of this space is on residential real estate, there are also numerous members of the Greater Chattanooga Association of Realtors who provide commercial real estate services, today we explore this specialty. The Greater Chattanooga Association of Realtors have 2 multiple listing systems (MLSs), through which Realtor members share information and offer cooperation... Read more »
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