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Chattanooga home sales decline this year but home prices remain strong

Chattanooga home sales have declined in 2023 for the second consecutive year, dropping by more than 12.7% through the first 11 months of the years after higher mortgage rates priced more home buyers out of the market. ....

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Chattanooga homes sales decline but prices remain elevated | Chattanooga Times Free Press

Sales of previously occupied U.S. homes slumped in October to their slowest pace in more than 13 years as higher mortgage rates and rising prices kept many prospective homebuyers on the sidelines. ....

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Chattanooga home sales drop 14% this year and other business news | Chattanooga Times Free Press

Chattanooga-area home sales dropped more than 14% in the first seven months of 2023 as higher mortgage rates spurred by the Federal Reserve Board s tightening limited home purchases for the second consecutive year from the record highs reached in 2021. ....

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May home sales rise with near record-few on the market and biggest annual price drop since 2011

Sales of previously occupied U.S. homes edged higher in May, but the national median sale price posted its biggest annual drop in more than a decade, as a near all-time low supply of available properties constrained the housing market. ....

Steven Sharpe , Lawrence Yun , Greater Chattanooga Association Of Realtors , National Association Of Realtors , National Association , Greater Chattanooga Association ,

Tennessee and Georgia real estate markets stay hot despite economic cooldown in housing

Located in the middle of the hottest real estate markets in the country, Chattanooga ranks among the top 10% of U.S. cities in a new comparison of the housing markets in America s major metro areas. ....

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