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Posts from December 24th, 2009

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December
24

Submitted by Bill Mitchell on December 23, 2009 - 5:16pm.

 

The Chattanooga Board of Realtors this week released figures for November showing some improvement in the housing market.

 

Is it time for you to buy or sell?

 

If you're planning to buy a home in 2010, you'll pay about 8-thousand more than last yea. The median price of a home in the Chattanooga-Hamilton county are has jumped from 121-thousand to 129-thousand.

 

But if you factor in the extended 8-thousand dollar federal tax credit, and the 4-to-5 percent mortgage rate, 2010 may be your year.

 

KATHY TUCKER, PRES. Of MLS "You know there's a consumer confidence problem out there with unemployment as high as it is and so forth, but I really and truly believe once we're through the holidays that it's a perfect time for a first time home-buyer."

 

MLS is the multiple list...

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