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Is Our Real Estate Market Turning?

We all want to make wise, data-driven real estate decisions, right? To do so, it’s never been more critical to look beyond headlines and view numbers through an informed and historical lens.

Are We in a Slow Down?

While the market is normalizing a bit, demand in our area has more than doubled in the last decade. 2022 marks the second highest number of homes sales in history in Hamilton County…just 5% below the all-time high in 2021 (YTD).

Where Are We Headed?

Here at home, inventory is still at a critical low level, but up 3% from this time last year. The Greater Chattanooga area continues in its most robust market in history, driven by affordability, growing job market and mild climate.
TN RANKINGS:
  • 2nd lowest tax burden in the U.S.
  • #8 in U.S. for in-bound migration; 306 people moving into Chattanooga for every 100 people moving out.
  • The driving force in today’s premium-priced Real Estate market is the basic law of supply & demand. Economists predict demand will likely exceed supply nationwide for the next 4-10 years keeping prices and values at a premium.

Soooo… is it a Buyer’s or Seller’s market?

We’ll explore that next time…

For more Current Market Data, a conversation about your real estate goals or a complimentary property valuation, our expert Team of Agents, Researchers, Marketers, and Contract Specialists would be honored to put our 2 decades of experience to work for you at 423.413.4507.
  • 3 Decades Serving TN, GA, AL
  • Top 1% in Sales, Greater Chattanooga
  • Chatt’s 1st Accredited Land Consultant: investment, recreational, development, conservation, agriculture
  • 10 Years  Licensed TN General Contractor
  • Elite Client Services: Award-Winning Marketing Specialists, Contracts Managers, Research & Logistics Experts
  • Relocation Specialists for University of TN Chatt, Erlanger Hospital
  • Realtors Land Institute, TN Board Member
  • 4-Generation Chattanoogan,
    Todd Henon

Todd Henon Properties 423.413.4507 direct Info@ToddHenon.com Keller Williams Realty Greater Downtown Realty 1830 Washington Street Chattanooga, TN 37408 423.664.1900

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DIFFERENCE

TOP 1% SALES

GREATER CHATTANOOGA

3 DECADES

SERVING TN, GA & AL

10 YEARS

LICENSED TN GENERAL CONTRACTOR

#1 LAND SALES

GREATER CHATTANOOGA

CHATT’S FIRST
ACCREDITED LAND CONSULTANT

INVESTMENT, RECREATIONAL,
DEVELOPMENT, CONSERVATION,
AGRICULTURE

TN

VICE PRESIDENT

RELOCATION

SPECIALISTS

FOR UNIVERSITY OF TN CHATT, ERLANGER HOSPITAL
AGENTS OF CHOICE

ELITE CLIENT

SERVICES

AWARD-WINNING MARKETING
SPECIALISTS, CONTRACT MANAGERS,
RESEARCH & LOGISTICS EXPERTS

4 GENERATIONS

CHATTANOOGAN TODD HENON

CONTACT US

TODD HENON PROPERTIES

423.413.4507 info@ToddHenon.com

KELLER WILLIAMS REALTY

GREATER DOWNTOWN

1830 Washington Street Chattanooga, TN 37408 423.664.1900