Tennessee Sales, Median Price Rise; Inventory Drops In April 2016

Tuesday, May 10, 2016
Single-family home sales in Tennessee rose 9.1% in April 2016 over the previous April (from 5,889 to 6,490), the median price rose 9.1% (from $171,000 to $186,600), and inventory dropped by 27.9% (from 32,455 to 23,401), according to statistics compiled by the Tennessee Association of Realtors (TNAOR). 

The trends were almost identical for condominium sales.

"These latest numbers suggest that fence-sitters may be poised to make the move to buy in light of shrinking inventory and concerns over interest-rate hikes.
By all indications, the busy spring and summer months look to be on a pace to surpass last year's overall totals in Tennessee," said Randy Durham, 2016 president of the Tennessee Association of Realtors.

148-Lot Residential Development Planned On Snow Hill Road

Local Legal Leaders Unite To Make A Difference At Habitat for Humanity of Cleveland's Law Build Day

Real Estate Transfers For June 3-9


A 148-lot residential development is planned at 7302 and 7306 Snow Hill Road. RAS, LLC is the developer on the site owned by the Rogers family. The staff of the Regional Planning Agency ... (click for more)

Habitat for Humanity of Cleveland’s first ever Law Build Day is an exclusive event with 10 legal leaders in the Cleveland community coming together to sponsor and help build a home. On Saturday, ... (click for more)

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 ... (click for more)



Real Estate

148-Lot Residential Development Planned On Snow Hill Road

A 148-lot residential development is planned at 7302 and 7306 Snow Hill Road. RAS, LLC is the developer on the site owned by the Rogers family. The staff of the Regional Planning Agency is recommending approval for the Planned Unit Development, saying it conforms with the Wolftever Area Land Plan. It goes before the Planning Commission on Monday at 1 p.m. at the County ... (click for more)

Local Legal Leaders Unite To Make A Difference At Habitat for Humanity of Cleveland's Law Build Day

Habitat for Humanity of Cleveland’s first ever Law Build Day is an exclusive event with 10 legal leaders in the Cleveland community coming together to sponsor and help build a home. On Saturday, June 19, they will step “out of the courtroom” and onto the construction site to experience camaraderie and network, as they help build a home. This team will be continuing work started ... (click for more)

Breaking News

Greg Vital, Hoyt Samples, D'Angelo Jelks Pick Up For House District 29 Race

Businessman Greg Vital, who lost a squeaker of a race to Todd Gardenhire for state Senate in 2012, has picked up papers to run as a Republican for House District 29. Attorney Hoyt Samples also picked up to run on the GOP side. D'Angelo Jelks is a Democratic candidate. The County Commission has appointed Joan Carter to serve until the election. She is the widow of Mike Carter, ... (click for more)

National Cemetery Director Says 6 Potential Sites Picked For Expansion Of Cemetery; Veteran Services To Move Back To Cemetery

Chattanooga VA National Cemetery Director Deborah Kendrick said the VA has identified six possible sites for cemetery expansion in Chattanooga. She said those locations have not been made public. Ms. Kendrick said the VA hopes to break ground for a new cemetery in 2027 or 2028. The federal government said last year that it was running out of ground at the cemetery and was ... (click for more)

Opinion

Marsha Blackburn Should Focus On Finding Compromise On The Infrastructure Bill - And Response (2)

Marsha seems obsessed with Dr. Fauci. Does it always have to be about her? I wish it was more about us. If it was more about us, instead of Marsha, she would be hard at work finding compromise on the federal infrastructure bill. No other city in the nation would benefit more from the infrastructure bill than Chattanooga. But Marsha has never read the bill and does not ... (click for more)

Roy Exum: How Can Any Forget?

It was noted by the national media – and me – earlier this week when President Joe Biden failed to salute one the greatest days in America’s history. D-Day, the June 6th attack at Normandy, France, was celebrated on Sunday and what I believe was the first time in about 80 years the hard-fought triumph over evil was ignored by The White House. As I watch more and more of the ‘woke’ ... (click for more)