Chattanooga Real Estate Blog

Chattanooga Real Estate Today
 

Archive for June, 2009

Beautiful view, acreage and pratically new home

Posted in My Listings by Karen Rhodes on June 25th, 2009

A rare find with 9.8 acres for that mini farm or just for enjoying nature! Owners have spared no expense upgrading many details of the custom 3 year old home.

More info here

9821 Indian Ridge

9821 Indian Ridge

Tags: , , , ,


Can’t believe this one hasn’t been snatched up!

Posted in My Listings by Karen Rhodes on June 25th, 2009

Words are hard to find to describe this wonderful home in the traditional neighborhood of Reunion in East Brainerd.

More info here

8610 Homecoming Dr

8610 Homecoming Dr

Tags: , , ,


Someone is going to get a deal on this one!

Posted in My Listings by Karen Rhodes on June 25th, 2009

This townhouse in Valleybrook has 3 beds 2.5 baths and has been upgraded with paint, tile and a nice sunroom!

More info here

1304 Leaside Ln

1304 Leaside Ln



Chattanooga MLS Stats May 2009

Posted in Chattanooga MLS Stats by Karen Rhodes on June 20th, 2009

Sales and Inventory History

Category – Residential

Month

Year

Monthly Sales

Avg DOM

Curr Inventory

Months Inventory

January

2008

385

120.0

5944

15.44

February

2008

490

124.0

5965

12.17

March

2008

571

127.0

6065

10.62

April

2008

525

130.0

6112

11.64

May

2008

610

129.0

6179

10.13

June

2008

605

125.0

6323

10.45

July

2008

571

125.0

6437

11.27

August

2008

586

110.0

6470

11.04

September

2008

554

126.0

6393

11.54

October

2008

493

120.0

6260

12.70

November

2008

349

132.0

6185

17.72

December

2008

432

110.0

5990

13.87

January

2009

289

143.0

5719

19.79

February

2009

340

126.0

5767

16.96

March

2009

448

131.0

5801

12.95

April

2009

408

117.0

5818

14.26

May

2009

484

134.0

5777

11.94

Tags: ,


New Appraisal Rules Hurt the Consumer

Posted in General Real Estate Info by Karen Rhodes on June 10th, 2009

Trying to figure out why you’re still waiting on your appraisal and you didn’t have a say in who is doing it?

Home appraisal

Read the story here

I called a broker who I work with quite often and most of their lenders have not increased the costs to the consumer for the appraisal but some have added an additional fee and are calling it something other than what it is.  I can’t give names but one large bank in the area told one appraiser I know that if he wanted to work with them he would decrease his fee to them to $200 yet they were still charging the consumer the full amount.

The level of corruption and greed never ceases to amaze me.

Tags: , , ,


HUD: Tax Credit Can Be Used on Closing Costs

Posted in Buyers, General Real Estate Info by Karen Rhodes on June 2nd, 2009

FHA-approved lenders received the go-ahead to develop bridge-loan products that enable first-time buyers to use the benefits of the federal tax credit upfront, according to eagerly awaited guidance from the U.S. Department of Housing and Urban Development on so-called home buyer tax credit loans that was released today.

Get the full article here.

Tags: , ,


I’m Back!

Posted in General Info by Karen Rhodes on June 2nd, 2009

That says it all.  Time gets away from you and before you know it it’s been ages since a post has been made but I’ll be posting regularly again!