Home Sales Down In 4th Quarter Of 2012

Monday, February 11, 2013

The Multiple Listing Service (MLS) of the Greater Chattanooga Association of Realtors on Monday released results from the fourth quarter of 2012.

The period showed a 25.3% increase in units sold over the same period of 2011, but a decline of 10.1% from the year’s third quarter. The all-important median price measurement rose by 12.2% over the previous year’s mark, and by 3.8% over the July through September period of 2012. The average days-on-market remained consistent with past performance.


Apartments On McCutcheon Road Sell For $29.5 Million

An apartment complex on McCutcheon Road has sold for $29.5 million. The sale of the Bridgeway of Chattanooga Apartment homes was to Chattanooga Apartment Properties Lp from Bridgeway Chattanooga Realty Partners Llc. The new owner has offices at Seven Fields, Pa. (click for more)

Walnut Commons Reaches Agreement To Pay $761,000 For Ground Rights

The Walnut Commons apartment complex at Walnut Street and Riverfront Parkway has reached an agreement to acquire the ground rights for $761,000. The Chattanooga Downtown Redevelopment Corporation, a city board, now holds the ground lease and is due payments based on the cash flow of the apartments. There was a disagreement earlier on the amount owed, and the city wound up ... (click for more)

Female, 18, Shot On South Seminole Early Saturday Morning

An 18-year-old female was shot in the leg on South Seminole early Saturday morning. Chattanooga Police responded to the 200 block of South Seminole of the report of a shooting. There police located one victim suffering from a single, non-life threatening gunshot wound. T he victim,  Cierra L Kirksey, was inside her home when the shooting occurred. The suspect ... (click for more)

City Councilman Chris Anderson Gearing Up For Election A Year Away

City Councilman Chris Anderson is already gearing up for the next city election, though it is over a year away. In the financial disclosures due Feb. 1, he reported receiving $24,165 for the reporting period from July 16, 2015 to Jan. 16. He spent $4,887 during that period. Councilman Yusuf Hakeem took in $11,110 during the period. Councilman Russell Gilbert reported ... (click for more)

Black History Month Hero - Theodore McGraw (Kidd) AKA "Pongee"

I grew up in "Old St. Elmo" on 39th Street behind the Incline. As a child I remember my older brother "Pongee" as being my hero. This month of February being Black History Month, I cannot think of a better person to be honored than my late older brother, Theodore McGraw (Kidd) aka "Pongee" of St. Elmo (Gamble Town). Growing up without my father, Theodore was always available ... (click for more)

Roy Exum: ‘Chatt2.org’ Needs You Now

A diverse yet powerful panel of community leaders in Nashville delivered a letter to the Metro Nashville Board of Education last week. It was signed by some top men and women who represent a wide-ranking cross section of Tennessee’s largest city and includes education, business, religious and diversity superstars. You need to understand the urgency behind the letter. Davidson County ... (click for more)