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.


Buffalo Valley Celebrates Opening Of Veterans Housing

Buffalo Valley, Inc. cut the ribbon on four new rental homes today in Chattanooga that will be used to provide housing and support services for local homeless veterans.  Chattanooga Mayor Andy Berke joined representatives from Buffalo Valley, the Tennessee Housing Development Agency, and the Federal Home Loan Bank of Cincinnati at Friday morning's ceremony to commemorate ... (click for more)

New Partner Family Chosen For Home At Habitat For Humanity Of Catoosa County

At Catoosa Habitat a new partner family has been chosen for a home.  A single mother named Janelle and her two children (ages 5 and 8) received the news two weeks ago that, after several years of waiting, they will receive the chance to have their very own home. “My kids always tell me ‘When are we going to our home?’ and I say I’m working on it.” said Janelle.  After ... (click for more)

Fire Destroys Commercial Building On Dodson Avenue

Chattanooga firefighters responded to a commercial fire shortly after 1 a.m. Monday.   Captain Wadie Suttles with Engine 4 said heavy smoke and flames were visible when the first of four fire companies arrived on the scene at 3019 Dodson Ave. As firefighters forced their way inside to began an interior attack, Captain Suttles called for a second alarm response to bring ... (click for more)

Bradley Detectives Investigating Death Of 18-Month-Old Child; Foul Play Not Suspected At This Time

Detectives in the Bradley County Sheriff's Criminal Investigations Division are investigating the death of an 18-month old child that occurred Saturday evening.   Multiple phone calls into the 911 Communications Center led to patrol deputies responding to a residence on Lowery Street, N.E. Upon arrival deputies discovered a deceased child inside the residence, which ... (click for more)

What We Owe Our Veterans

As our church, Warren Chapel AME Church  paid honors to the veterans and my viewing of the PBS feature,  Sunday , evening, I began to feel and think differently than before. Each year to sort of "go all out" celebrating Veteran's Day.  WE provide flags, certificates, notes of appreciation and acknowledgements.  My  brother, father and grandfather were ... (click for more)

Roy Exum: Memorial Day In Just Six Seconds

John Kelly, who is now our Secretary of the Department of Homeland Security, was among the greatest of all generals in United States history as a leader in the Marine Corps. In 2010 he was speaking to the Marine Corps’ Semper Fi Society in St. Louis when – towards the end of his talk – he offered what I believe is the most brilliant explanation of what Memorial Day is that I have ... (click for more)