Low Inventory, We Need to Sell Your Home in Chattanooga, TN

The inventory of homes for sale keeps going down across the Chattanooga Area.  The average monthly decrease in inventory for the past 12 months is 4% per month.  Last August and September there were 6% and 8% decreases in inventory of homes for sale in the Chattanooga area.  Most months since then saw a 3-4% decreases in inventory of homes for sale per month.  in July the Chattanooga inventory of homes for sale decreased by 1.3% (info from the GCAR July Monthly Indicators Report).

In August 2013, the buyers seem to be buying.  Many of our listings (expensive and/or inexpensive) have gone under contract in the past few weeks.  We’re running out of homes to sell, and we would love for the next home that we sell to be yours.  Lenders tell me that mortgage applications are up right now.  It may be that the threat of continued rising rates is making home buyer’s act.  It is a great time to get your home on the market to sell.  Take a look at this 1 minute video of what the Walldorf Father/Son Team has seen happening in the real estate market in the past few weeks and in 2013….

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Nathan Walldorf 423-544-7700

Office 423-756-2400

Herman Walldorf & Co. Realtors, Inc.

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