Chattanooga Real Estate Blog

3rd Quarter Home Sales

Karen Rhodes — Thu, 26 Jan 2012 17:47:08 +0000

Realty Trac released the stats for the 3rd quarter home sales. Foreclosures accounted for 20% of the home sales nationwide during the 3rd quarter of 2011. Our local market percentage was higher than that. During the same period we had 1,633 residential sales. 416 of those were foreclosures representing 25.5% of the total sales.

I expect the same or higher figures for the fourth quarter both nationwide and locally.

Happy 2012

Karen Rhodes — Sat, 31 Dec 2011 18:13:33 +0000

I wish everyone a safe, prosperous and happy new year!!

Home Prices Continue to Fall

Karen Rhodes — Mon, 05 Dec 2011 16:10:43 +0000

Economists expect prices to continue to fall through at least mid 2012. This is due to the continued oversupply of houses available due to the huge number of distress and foreclosed properties. See the full article here.

The article is based on 20 cities but is a good representation of the entire country.

Fall Back

Karen Rhodes — Sat, 05 Nov 2011 07:07:10 +0000

It’s that time of year again when we get back that extra hour of sleep. Don’t forget to move your clocks back an hour before you go to bed Saturday night.

Happy Halloween!!

Karen Rhodes — Mon, 31 Oct 2011 13:48:51 +0000

Now available in Soddy Diasy

Karen Rhodes — Sat, 29 Oct 2011 13:04:59 +0000

This beautiful home has an open floor plan with split bedrooms. Natural light abounds. A rear deck overlooks a private back yard. Located in a quiet picturesque neighborhood. The master bedroom has tray ceilings, recessed lighting and a large closet. The master bath has his and her sinks. The great room has cathedral ceilings, a gas fireplace with an ornamental mantel and a ceiling fan. The kitchen has lots of counter space and an attached laundry room with tons of extra storage.

The basement has been nicely finished creating a play area or rec room, office and a 3rd full bathroom. The main level carpet was replaced with hardwood flooring so it’s great for those with allergies. Don’t miss out on this wonderful home!

Remember

Karen Rhodes — Mon, 12 Sep 2011 02:10:40 +0000

The children of the victims of 9-11 are their legacy.

Rural Development-USDA Eligibility

Karen Rhodes — Wed, 17 Aug 2011 18:24:59 +0000

Rural development or USDA loans have become extremely popular lately. Other than a VA loan it’s the only one left offering 100% financing. There are some qualifications though both in property eligibility and income eligibility.

To find out if you meet the income criteria and what areas meet eligibility requirements check out the Eligibility section of UDSA’s website.

Best Deal on Water

Karen Rhodes — Fri, 12 Aug 2011 17:13:02 +0000

I couldn’t let this one pass without spreading the word. In my opinion this is the best deal on the water right now. It was reduced almost $70,000 today from $490,000 to $429,000. It needs a little updating but the view is great, the slope to the water isn’t bad at all and the dock is in place.

Call me if you are interested!!!

Lake Info Available For iPhone and Android Devices

Karen Rhodes — Thu, 04 Aug 2011 15:18:12 +0000

All you iPhone and Android users can now get lake information such as lake levels, release schedules and lock information on your devices now.

iPhone, iPad and iPod touch users check out the App Store

Android users can download at the Android Market

Don’t have one of these devices? There is also a mobile app http://m.tva.com