Chattanooga Real Estate Blog

Beautiful view, acreage and pratically new home

Karen Rhodes — Thu, 25 Jun 2009 16:12:37 +0000

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

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

Karen Rhodes — Thu, 25 Jun 2009 15:40:54 +0000

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

Someone is going to get a deal on this one!

Karen Rhodes — Thu, 25 Jun 2009 15:29:14 +0000

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

Chattanooga MLS Stats May 2009

Karen Rhodes — Sat, 20 Jun 2009 15:31:12 +0000

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

New Appraisal Rules Hurt the Consumer

Karen Rhodes — Wed, 10 Jun 2009 14:31:19 +0000

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

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.

HUD: Tax Credit Can Be Used on Closing Costs

Karen Rhodes — Tue, 02 Jun 2009 17:46:14 +0000

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.

I’m Back!

Karen Rhodes — Tue, 02 Jun 2009 17:32:40 +0000

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!

Volkswagen Coming to Chattanooga!!

Karen Rhodes — Tue, 15 Jul 2008 22:02:42 +0000

I’ll be the first to say I never thought it would happen but WE GOT VOLKSWAGEN!!!

Volkswagen Group of America proudly announces its decision to build a new production facility in Chattanooga, Tenn., with the goal to be in production in early 2011.

Sad

Karen Rhodes — Mon, 02 Jun 2008 01:14:23 +0000

Chattanooga No. 3 Place to Live in the Country

Karen Rhodes — Mon, 19 May 2008 17:51:29 +0000

RelocateAmerica.com has published its yearly list of the top 100 places to live. Charlotte and San Antonio were they only two places ahead of us!

According to Steve Nickerson of RelocateAmerica: There was a big emphasis on the quality of life in Tennessee in general, living in Chattanooga and what it affords in terms of recreation, home prices, employment opportunities, the people, music, and the arts (and as a) family friendly, mountain area.

The Chamber of Commerce notes that Chattanooga is attracting new residents at a rate of about 30% faster than the national average.

Top 10 Cities
1. Charlotte, NC
2. San Antonio, TX
3. Chattanooga
4. Greenville, SC
5. Tulsa, OK
6. Stevens Point, WI
7. Ashville, NC
8. Albuquerque, NM
9. Huntsville, AL
10. Seattle, WA