08/07/2026
📉📈 Current Market Update for Local Sellers & Buyers
Our local real estate market is shifting — and both home sellers and home buyers are feeling the impact.
🏚️For Sellers:
Higher interest rates and increased inventory mean buyers are taking their time and comparing more options. Homes are still selling, but pricing strategy matters more than ever. Overpricing leads to longer days on market, while strategic pricing aligned with current demand attracts stronger, more serious buyers.
🏡For Buyers:
While rates remain elevated, the good news is that buyers now have more choices, more negotiating power, and more time to make confident decisions. Many sellers are offering concessions, rate‑buydowns, or repairs — opportunities we didn’t see during the peak seller’s market.
If you're thinking of selling or buying a home? Call me to help you navigate through the market!
Anny Jones, Realtor
KELLER WILLIAMS REALTY-GREATER CHATTANOOGA REALTY
423-490-5174
