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.


Alexander Says “Blacklisting” Regulations Will Bury Contractors Under Mountains Of Paperwork

Senate labor committee Chairman Lamar Alexander on Wednesday made the following statement on the administration’s release of its final “blacklisting” regulations implementing the president’s 2014 executive order: “These regulations will bury federal contractors and subcontractors under mountains of paperwork and then prevent some from getting work for a labor violation they ... (click for more)

Focus On The Future With Universal Design

All across the Chattanooga region, many families are making adjustments to their homes in order to stay with their families as they age. As part of this “aging in place” movement, universal design allows people with different abilities, shapes and sizes to all enjoy the same house, even as some family members’ needs change over time. Universal design refers to the way home ... (click for more)

State Board In Nashville Approves New Erlanger Behavioral Health Hospital

Members of the board of the Tennessee Health Services and Development Agency in Nashville on Wednesday unanimously approved a new $25 million Behavioral Health Hospital planned by Erlanger Health Systems on Holzclaw Avenue.   Parkridge Valley Hospital and CADAS had opposed the issuance of Certificate of Need.  The 88-bed facility will provide "acute adult inpatient ... (click for more)

TDEC Defends Its Operation Of Septic Permit Office In Bradley County; Backs Hank Thompson

The Tennessee Department of Environment and Conservation (TDEC) defended the operation of its septic permit office in Bradley County, including the work of manager Hank Thompson. The Bradley County Commission is studying whether to take over the operation of the office, saying there have been a number of complaints against Mr. Thompson and that he recently kicked Commissioner ... (click for more)

Downtown Needs Cleaned Up

My son and I parked on Broad Street and walked to the Billiard Club on Cherry Street this past weekend. It's probably a total of two blocks. In that short walk we passed where Rone Regency used to be on 6th Street and in that doorway was about a years worth of human feces and urine covering the doors and walls. The concrete sidewalk on the street is all broken up and the metal ... (click for more)

Roy Exum: 40 Questions About ‘Blue Bags’

No. 1 – Did you know that one in every five of the 42,000 children in the Hamilton County school district is what the experts call “food deprived?” No. 2 – Can you get your arms around the fact that a huge percentage of those 8,400 children get little, if nothing, to eat from Friday at lunch until they return to our schools on Monday? No. 3 -- Did you know that you – just ... (click for more)