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.



Real Estate Transfers For Sept. 14-20

NOTICE: The Hamilton County Register’s Office did not publish this data. All information in the Register’s Office is public information as set out in T.C.A. 10-7-503. For questions regarding this report, please call Chattanoogan.com at 423 266-2325. GI numbers, listed when street addresses are not available, refer to the location of transactions (book number and page number) ... (click for more)

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Chattanooga Police responded to three shootings, early Sunday morning. Jelani Sorrell, 33, was injured in the first shooting.  Chattanooga Police officers responded at 1:26 a.m. to a person shot at the 400 block of Central Drive at  the Sky Zoo Night Club.  Upon arrival they were able to locate Sorrell suffering from multiple gunshot wounds. Sorrell was ... (click for more)

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John McCain recently said, "I cannot in good conscience vote for the Graham-Cassidy proposal. I believe we could do better working together, Republicans and Democrats, and have not yet really tried. Nor could I support it without knowing how much it will cost, how it will affect insurance premiums, and how many people will be helped or hurt by it. Without a full (Congressional Budget ... (click for more)

Roy Exum - Wrong Never An Option

In the Navy SEALS, there are two ways you should ever do a task: “The right way” and “Again.” We as a society admit failure when we take the much-besmirched path of “the lesser of two evils” because the destination will always be “wrong.” It’s true: ‘start wrong-end wrong’ happens every time. Evil, no matter to what degree, is always wrong and when the Hamilton County School Board ... (click for more)