Our market is following a nationwide trend of increasing inventory due primarily to interest rate hikes. According to finance.yahoo.com the current rate for a 30 year fixed mortgage is 5.48% Compare that to January’s national average of 3.55% and it’s easy to understand why our inventory is on the rise. As we stated last month, […]
Welcome Home to this Hard to Find 1 Level 3 Bedroom Ranch!! Enjoy the covered front porch that runs the length of the home overlooking a large front yard. When you enter the home you have new LVT floors in the living areas and a nicely appointed kitchen with all stainless appliances! You can tell […]
When it comes to buying a home, it’s safe to say that many millennials are caught in a catch-22. Even though more millennials associate buying a home with the “American Dream” than any other generation, the homeownership rate for Americans under age 35 is near record lows at just 34.7%. In other words, millennials seem […]
Disclosure is key to the house selling process. While the form may seem overly long and confusing, filling it outright is important. Failure to disclose some problems or entering false information can leave you open to a lawsuit, even after closing. Federal, state and local You must obey federal, state and local laws for disclosures. […]
From MoonPies to mini-golf, to whiskey + music history – we gathered 10 must-know facts about the Scenic City. Check them out + then go forth and impress your friends with your Chattanooga knowledge. 1. The Great Flood of Chattanooga March 5, 1867, marks the worst flood in Chattanooga history. It lasted five days, and when the water stopped rising, it was roughly 58 feet above […]
It’s vital to understand the terms “earnest money” and “contingencies” when house hunting. Earnest money is paid up-front as a show of good faith when you make an offer on a home. It is held by an escrow company until the sale is finalized or falls through. A contingency is a condition added to a purchase offer. If that […]
Monica joins us as an affiliate broker, from Houston, TX. After graduating from Sam Houston State University with her degree in psychology, Monica quickly realized that real estate was the career for her. She subsequently sold over 90 million dollars worth of real estate in Houston!! Monica knew her family needed a change of scenery […]
The Chattanooga market continues to see a shift that’s happening nationwide. Mainly due to interest rate increases, the number of active listings has almost doubled since the beginning of the year. Currently the average 30 – year fixed rate mortgage has spiked from 3.1% to 5.1%. The rates continue to be historically low but this […]
If you’re buying or selling a home, chances are you may need to hire a moving company. Since many people conduct major moves only once or twice in their lifetimes, you may have no idea where to start. Be aware some moving companies dodge the Better Business Bureau by working under aliases. Below are some […]