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“MOS”: Months of Supply Explained

One of the statistics often cited in real sales reports is “Months Supply of Inventory” or “Months of Supply” (MOS). Today we will take a moment to explore and explain this term. Months of supply is one of the easiest real estate statistics to understand. Simply put; at our current rate of sale, if no... Read more »

Real Estate Market hits record highs

The Greater Chattanooga Real Estate market just closed out it’s 4 consecutive year of home sales increases! The overall market posted a 9.9% increase in the number of homes sold in 2016 when compared to 2015. With 9,623 homes closing in 2016, the market has eclipsed the prerecession high sales points. Demand for residential housing... Read more »
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