Home Sales In Chattanooga Decrease Slightly In 3rd Quarter

Thursday, November 8, 2012

The Multiple Listing Service (MLS) of the Greater Chattanooga Association of Realtors released statistical data covering the third quarter of 2012 on Thursday, with comparison figures for the previous quarter, and the same period of last year.

Unit sales in the third quarter showed a slight decrease of 2.4% from the second quarter of this year, but an encouraging 11.5% increase over the third quarter of 2011.

The Median Price indicator has shown a steady increase from the third quarter of 2011 of 1.8%, and a rise of .9% from last quarter. Average Days-On-Market is steadily decreasing, by 5.8% year-over-year, and 1.5% from the second quarter of 2012.

Foreclosure sales have also steadily declined within the Greater Chattanooga marketplace to a post-recession low point of 24.9%, a stark contrast from the 1-in-3 ratio prevalent during the worst of the recession.


Commission Denies Office Zoning Near James County Courthouse

The County Commission on Wednesday denied a request that a house near the old James County Courthouse at Ooltewah be rezoned for office use. The vote was 8-1 with Jim Fields casting the only vote in support of the request by Karl and Nina Vogel. Neighbors objected, saying it would lead to more office zoning in the neighborhood of single-family homes. Mr. Vogel said he and ... (click for more)

High School Students Visit Chattanooga State's Tiny House Project

Construction of a miniature house continues at ChattState in the Civil & Construction Engineering Technology program. The Tiny House Project began in fall of 2016 to give students the opportunity to get hands-on experience with planning, scheduling, and building a fully- functional tiny house. Funding for the project is made possible from the Community Foundation of Greater ... (click for more)

Hamilton County Schools On 2-Hour Monday Delay Due To Weekend Storms

Due to this weekend’s storms and heavy rain that lead to numerous power outages and road closures, Hamilton County schools will be on a two-hour delay on  Monday . This will allow buses to operate during daylight hours to avoid debris in roadways. School-age childcare will open at the regular time. (click for more)

Angela Faye Parker, 50, Arrested In Stabbing On Glass Street

Angela Faye Parker, 50, was arrested early Sunday morning after stabbing another female. Chattanooga Police responded to 2302 Glass Street at 12:15 a.m. to an assault. The victim and Ms. Parker were both patrons of the Pay-Pay Lounge.   The victim advised that she was physically attacked and maced by Ms. Parker in the restroom. Upon arriving home for the evening, ... (click for more)

No Tax-Supported Entity Should Get Secrecy In Spending

A shadowy situation has emerged in Chattanooga with an organization that manages millions of taxpayer dollars with no transparency and such a surprising disregard for accountability that one wonders what it would take to wake up elected officials who are supposedly in charge. Welcome to the Chattanooga Area Convention and Visitors Bureau, whose lawyer threatened to sue the ... (click for more)

Roy Exum: Is Dr. Edwards The One?

Just hours after the chairman of the Hamilton County School Board emailed a list of 14 candidates on Friday afternoon to be considered as the next Superintendent of the 42,000-student system to the other board members, Dr. Nakia Edwards, an Assistant Commissioner with the Tennessee Department of Education, became the early “common sense” favorite. And, at first glance, she has ... (click for more)