Tuesday, August 2, 2022 / by Randy Durham
Is the Chattanooga Housing Market Reflective of the US Housing Market?
The last few months I've been able to speak with a lot of potential buyers who found their way to my site. Some are ready to go, others love to look but are hesitant with worry and fear that this is not the right time to buy. They hear the news from national media about the looming housing crisis and tell me now is not the time.
I'm here to give you my own reflection on the Chattanooga market, not the US market and will use the data provided below to show that just because home prices are plummeting in major cities like San Francisco and New York, it doesn't mean locally we have experienced or will experience a significant drop in prices in the next year.
But don't take my word for it. Let's look at our first item below.
If you are having a hard time viewing this, know that Hamilton County and all the surrounding counties analysis by Fortune are believed to withstand the current collapse in the coastal markets. There are many reasons we can go into about why this is but just kn. ...
I'm here to give you my own reflection on the Chattanooga market, not the US market and will use the data provided below to show that just because home prices are plummeting in major cities like San Francisco and New York, it doesn't mean locally we have experienced or will experience a significant drop in prices in the next year.
But don't take my word for it. Let's look at our first item below.
If you are having a hard time viewing this, know that Hamilton County and all the surrounding counties analysis by Fortune are believed to withstand the current collapse in the coastal markets. There are many reasons we can go into about why this is but just kn. ...