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.


Center For Sports Medicine And Orthopaedics Is First Tenant For New 20-Acre Ringgold Development

Armour Commercial Real Estate and the Catoosa County Development Authority announced the first tenant for a 20-acre site being jointly developed as part of a public/private partnership and located just off of Georgia Highway 2-A in Ringgold, Ga. The Center for Sports Medicine and Orthopaedics will open a satellite location at the site located on Hwy 2-A across from Battlefield Imaging. ... (click for more)

Widows Harvest Hosts Ribbon Cutting For Home Harvest

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1 Person Killed In 3-Car Accident In Dalton On Saturday

There was a fatal three-vehicle crash on the South Bypass in Dalton just south of Sawgrass Drive  on Saturday  at approximately  4:30 pm . The crash happened when the driver of a black Ford Mustang traveling southbound on the bypass for some reason left its lane of travel and crossed over the center line and hit a 2004 Chevy Silverado truck head on. ... (click for more)

Car Crashes Into Motel 6 In Dalton; Driver, 17, Admits To Texting While Driving

The Dalton Police Department and Dalton Fire Department responded Saturday morning to a crash at the Motel 6 at Highway 41 and Tibbs Road. The driver of the 2005 Pontiac Grand Prix involved left the roadway and crashed into the Motel 6 building causing severe damage to one of the rooms. There were no major injuries. Investigators believe texting while driving was a contributing ... (click for more)

Slaxxon Regret - And Response

Back in the seventies my three oldest brothers had a buddy named Steve Slack. “Slack” was a star soccer player at Baylor and he grew up on Lookout Mountain, which is where I grew up. He and Jimmy, Henry and Bill went to the University of Virginia where they were roommates in an old, beat up house that was painted pink. Naturally, the place became known as the “Pink Palace” but lest ... (click for more)

Roy Exum: ‘Ballooniac’ Fined $25K

The Calgary Stampede is one of the biggest events in Canada and every year it draws well over 1.5 million people to one of the most beautiful places in the world. It started in 1912 as a big rodeo event and today it lasts 10 straight days. A highlight is the chuck-wagon races, where $4 million of advertisements are sold on the wagon’s canvas covers and there are pancake breakfasts ... (click for more)