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VACATION HOME OPTIONS ABOUND

During Summer vacation months, many families toy with the idea of a beach front condo or home.  If you are considering a second home or vacation rental this year, there are a number of options to consider within a short drive of Chattanooga. If you live in a more rural setting and like to “get... Read more »

Are you upgrading your home or simply performing required maintenance?

Many home owners make investments in their homes, thinking they are upgrading the property, when in reality they are just completing required maintenance. Much like replacing worn tires or a broken fan on your automobile, there are many such items in residential real estate. At the foundation of this topic are basic routine maintenance items,... Read more »

Health care options affect Real Estate values

There are numerous factors which affect quality of life and thus home values in a community and one of those is the availability of quality health care. Consider for a moment, you are a retiree who is evaluating different areas to spend your “golden years”, would available health care options be important to you? What... Read more »

Consumer Confidence is Positive Relative to Residential Real Estate

There are a number of factors that influence residential home sales, both in a positive and negative manner.  Today we will take a look at some of these key factors. While the overall underlying influence is consumer confidence, the first factor to affect this measure is unemployment.  As has been well reported, both locally and... Read more »

There are many choices in lending today

The big summer home buying months of June, July and August have arrived, but before you get serious and start searching in earnest take time to do your financing homework. While the internet is a wonderful tool for research, in my years of experience and thousands of transactions, an internet lender is NOT the best... Read more »

Local Realtors head to Washington to lobby for Homeowners

A total of 20 members of the Greater Chattanooga Association of Realtors traveled to Washington DC May 16-19th to lobby members of Congress on behalf of their local constituents. The annual legislative forum is hosted by the National Association of Realtors and drew nearly 10,000 members from every state and province.  The Greater Chattanooga Association... Read more »

Home Sales take a breath in April 

Residential home sales declined in April across the Greater Chattanooga region. For the month of April, there were 759 closed residential sales compared to 842 in 2016 for a 9.9% decline.  Home sales also declined in January of this year, however the year to date total remains a positive +1.4%.  The decrease did not come... Read more »

How does a home appraisal fit into the selling process?

A contract has been accepted on your house, Buyer and Seller have agreed to a price but we must now get past the appraisal, if the buyer is getting a mortgage to purchase the home.  Today we will explore what takes place during this phase of the transaction. A home appraisal is a third-party estimate... Read more »

Is Selling by Owner an option for You?

So, you are thinking about selling your home yourself, before you put that sign in the yard, here are a few points to consider. If you are looking at the “numbers” and want to avoid hiring a professional Realtor to represent you thus avoiding paying commission for their services, there is another number you may... Read more »

Open Houses are not just for Buyers

The Greater Chattanooga Association of Realtors (GCAR) is hosting an “Open House Weekend” on April 22-23, as you may have notice lots of signs and balloons up throughout the region. This annual event was designed years ago to jump start the Spring home selling season and encourage buyers to get out and look around.  While... Read more »
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