As the seasons shift, so does the housing market, with recent trends revealing encouraging signs of growth and stability. The National Association of Realtors reports gains in home sales and inventory levels, marking a significant shift after a challenging period for the market. Locally, Chattanooga continues to reflect these positive trends, showcasing a dynamic and resilient real estate landscape.
U.S. existing-home sales rose 3.4 percent month-over-month and 2.9 percent year- over- year to a seasonally adjusted annual rate of 3.96 million units, exceeding economists’ expectations for the month and marking the first annual gain since July 2021, according to the NAR. Lower mortgage ... (click for more)