Can you believe a title like this when the end of the real estate world is coming? The Chattanooga Association of Realtors just released their monthly numbers. In the month of October, real estate actually remained steady and sales increased slightly. Yes, that's right I used increased in the same sentence as real estate. Total home sales reported by the association was 568 in October, up from 538 in September. Could we be seeing a turnaround? Maybe, but not quite yet. We're still off from 2006's numbers, but you have to remember that 2006 was the best year on record. The Chattanooga Association of Realtors also announced that the median home price in our area went from $136,190 in September to $137,200 in October. I will have to say that this is promising news and it continues to back up some of my previous posts that we're not as bad off as the media makes us out to be. It's still a buyers market, so buy!
Realtor Ryan, Broker
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