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.


Tennessee Housing Development Agency Awards Habitat For Humanity With State Funding

Habitat for Humanity of Tennessee, an organization supporting 50 Habitat affiliates serving 62 counties throughout Tennessee, received a $500,000 grant from the Tennessee Housing Development Agency’s Housing Trust Fund toward the construction of 30 homes statewide.   Locally, Habitat for Humanity of Greater Chattanooga Area was  given an allocation of $15,500 ... (click for more)

Chattanooga Collaborative Senior Housing Concept Presented Thursday

The Chattanooga Collaborative Senior Housing concept was presented outlining a model for a shared lifestyle in an urban setting to a group of senior citizens at the Mean Mug Coffeehouse on Thursday.  The group seeks additional seniors (55 and up) to join with them in establishing a model in Chattanooga that encourages community engagement and longer life by design.  “What ... (click for more)

Chickamauga Lock To Reopen As Soon As Next Thursday

The U.S. Army Corps of Engineers Nashville District  plans to reopen Chickamauga Lock to all navigation traffic as early as next Thursday. An inspection of the upper gate anchorage and a repair plan were completed today. Chickamauga Lock closed on Monday after a routine inspection revealed a crack in the anchorage of the upper gate. Lt. Col. John Hudson, commander ... (click for more)

Downtown Chattanooga Apartment Complex That Brought $3 Million Profit Exempt From Most Taxes Until 2022 Under PILOT

A downtown Chattanooga apartment complex that recently was sold at a $3 million profit is exempt from most property taxes through 2022 under a PILOT (payment in lieu of taxes) agreement.   No payment of school taxes was included in the deal for Walnut Commons at Walnut Street and Aquarium Way.   The only taxes due on the property for the next eight ... (click for more)

A Vote For Education Is Critical In Tennessee

In a state where just 28 percent of eighth graders are proficient in math and 33 percent are proficient in reading according to national assessments, education is deserving of more attention in 2014 elections. Across the country, more parents are making informed decisions about their child’s education, but for Volunteer State parents without resources, choices are difficult to come ... (click for more)

Roy Exum: My Garden In November

As the first day of November arrives today, it is cold enough in my garden to officially certify that fall has fell! There are even signs of ice on the ground but there is a bounty crop of acorns so, in keeping with our monthly tradition, some will get shiny acorns and others will get a chunk of cold ice: A SHINY ACORN for Patriots football coach Bill Belichick for scoffing at ... (click for more)