Chattanooga Foreclosure Home Sales Down 2013. 2013 brought large shifts in Hamilton County, TN real estate. The number of foreclosure and short sales in the overall Chattanooga MLS area dropped 40% when comparing June-August 2012 to same months 2013. The other interesting note is that, while the overall number of home sales dropped slightly, there are much larger shifts in price ranges. The market above $200,000 saw a 17% jump in sales in this same 3 month period comparing 2012 to 2013. The homes selling for $100,000 and less dropped 24%. (Note: based on entire Chattanooga MLS, North GA and surrounding TN counties)
Real estate agents focusing on newer expensive construction are doing well. Rehabbers and flippers working with REO and foreclosures are finding work more challenging.
The real estate market is good in Chattanooga, TN. You may have to exercise a bit more patience to find a deal out there. There are 2,646 homes for sale in Hamilton County, TN this morning. 140 (5%) of them are REO, foreclosure, or potential short sale listings.
Here is a list of the current foreclosure listings priced $200,000 and greater in Hamilton County.
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Chattanooga Foreclosure Home Sales Down 2013, but there are still great deals out there to be made for the smart home shoppers!
In August of 2013 there were 18 homes sold over $200,000. Many of the homes are young. The solds are as follows:
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14 of the 18 sales are homes built in the last 13 years. Newer homes are selling well. So how is the market overall? Well there are 165 homes for sale priced $200,000 or greater in 37421. The average number of sales per month since January is 19. So by dividing 165 by 19 we get just about 9 months of inventory. This is a good market. If the months of inventory were 6 or 7, then that would mean a stronger market. Stronger markets invite builders and developers. When the numbers start to go over 10-12 months that is a caution.
If you are thinking about selling your home in 37421 then this is a decent market overall. You need to ask your real estate agent several things.
1. How many homes are selling in the price range value of my home per month?
2. How many homes am I competing with?
3. What do I need to do to be the next home to win?
If you are thinking of buying a home in 37421 then consider the lifestyle, amenities, location, and condition of the property. There are many great neighborhoods in this area to choose from. Subdivisions that sold 2 homes or more in August were Belleau Woods, Emerald Valley, Mountain Shadows, and The Lakes at Standifer.
Recently Sold Homes Chattanooga TN 37421 shows August 2013 a solid month of sales.
Chattanooga Hamilton County TN One Million Dollar Home Sales Since 2006. Hamilton County TN consistently produces annual double digit Realtor assisted sales of homes selling for more than $1,000,000. 138 homes have sold for more than $1,000,000 since January 1, 2006. Let’s take a look at the areas of Hamilton County and the neighborhoods that make up the sales.
1. Lookout Mountain, TN 28
2. Riverview 26
3. Museum Bluffs (condos) 9
4. The Enclave 7
5. Horizons 6
6. Hill Pointe 4
Museum Bluffs, Riverview, Horizons, Hill Pointe, Lookout Mountain, The Enclave
The sales price as calculated by price per square foot can be grossly misleading. When I average these numbers we are not considering the acreage, views, waterfront, etc. But dang, if they aren’t fun to make quick comparisons. Besides, who doesn’t like a ranking?
1. Museum Bluffs $455
2. Riverview $279
3. Horizons $259
4. Hill Pointe $235
5. Lookout Mtn. $201
6. The Enclave $193
Lookout Mountain homes feature a historic area and many have brow views. The oldest home sold since January 2006 over $1 Million was built in 1890. Riverview is a community close to Chattanooga Golf and Country Club and downtown Chattanooga. The oldest home in Riverview sold in this time was built in 1900. Museum Bluffs is a downtown riverfront condominium. Museum Bluffs was constructed in 2006. The Enclave is located between Hixson Pike and some lots are on the Tennessee River just south of Lupton City in 37415. Horizons is a newer home community in Ooltewah. It is located off East Brainerd Road past Ooltewah-Ringgold intersection. The oldest home was built in 2001. Hill Pointe is a new development in Red Bank. The oldest home was built in 2007 that sold in this time frame. Both Horizons and Hill Pointe enjoy nice views with decent elevation.
Chattanooga Hamilton County TN one million dollar home sales since 2006 are steady. The market inventory is all together a different matter. There are currently 59 active properties for sale in Hamilton County priced $1,000,000 or greater. The sales are pacing 1.5 per month. So there is over 3 years of inventory currently. The lesson is that newer homes sell and location matters greatly.
Top 5 Home Selling Neighborhoods Hamilton County TN 2013. The time period of sales is first 8 months of 2013. I am writing this September 4, 2013. The top 5 in number of homes (no age or price involved) sold are as follows:
1. Hamilton on Hunter 58 (25 of those are Hamilton on Hunter North)
2. One North Shore 34 (this is a condominium complex)
3. Black Creek 23
4. Stonewall Farms 22
5. Windstone 20 (10 are Windstone at Whisper Creek)
Bell Development has two of the Top 5 Home Selling Neighborhoods Hamilton County TN 2013
The number one winner is Bell Development’s Hamilton on Hunter. Hamilton on Hunter is located off Hunter Road in Ooltewah. The neighborhood is 26 years old and covers roughly 640 acres. The newer Hamilton on Hunter North is approximately 275 acres. The 58 home sales in 2013 range from $75,000 – $241,500. The price per square foot ranged from $44 – $120. Hamilton on Hunter North is zoned for Wallace A. Smith Elementary School, Hunter Middle, and Central High School. Hamilton on Hunter enjoys newer construction and proximity to jobs at Volkswagen and Amazon.
The number two winner is a great story for Chattanooga. It is a condominium complex. There are 34 condo sales so far this year at One North Shore. The 2013 sales saw a low of $149,500 and a high of $374,000.The average price per square foot is $217. I shared a few insights in this former article about One North Shore. I was really impressed with the level of services and amenities One North Shore offers its owners. One North Shore enjoys location near downtown and it’s adjacent to parks, retail and grocery.
The third place finisher is Black Creek Mountain. Black Creek Mountain is a golf course community in Lookout Valley. Lookout Valley is less than 10 minutes from downtown Chattanooga. New homes are under construction as a new developer makes their way up Aetna Mountain. The neighborhood is 13 years old and is home to Black Creek Golf. Club house expansion, varied price points and styles, combined with location near downtown are all continued draws to this community. The 2013 price range is from $114,000 condo to $655,000 single family home.
Fourth place goes to Stonewall Farms. Stonewall Farms is another Bell Development. It is located in Hixson. Stonewall Farms is a more traditional neighborhood with home prices from $179,900 to $334,000 for 2013 sales. Stonewall Farms is 10 years old. Half of the home sales in 2013 were new home sales. New homes in Stonewall Farms are selling on average at $119 per square foot.
Fifth place goes to Windstone. Windstone is a golf course community located in Ooltewah. (Important Note: Windstone is also in Catoosa County, GA or Ringgold , GA. If we included all of Windstone there would be 30 sales year to date. But this story is about Hamilton County only). I wrote this article about homes at Whisper Creek in Windstone. The 2013 sales ranged in price from $200,000 to $422,000. Newer construction in Whisper Creek is averaging $140 per square foot.
In summary, all of the Top 5 Home Selling Neighborhoods Hamilton County TN 2013 enjoy a decent amount of newer construction. There are new homes being built in 4 of them. One North Shore is only 5 years old and it is enjoying growth of downtown living with a strong dose of amenities and an excellent marketing campaign. Top 5 Home Selling Neighborhoods Hamilton County TN 2013 list was compiled using the Multiple Listing System (MLS of Chattanooga Association of Realtors). Only Realtor assisted sales were considered in the data.
Chattanooga weather. Why is a Realtor talking about weather? Because Chattanooga weather affects your home, your mood, and your lifestyle. Life in Chattanooga, TN enjoys a temperate climate. Highs in the summer reaching in 90s and lows in the winter in the 20-30s. September 3, 2013 the high is 88 and low at 6am is predicted 65 degrees.
Chattanooga, TN enjoys 4 seasons. We enjoy relatively mild winters with 2 or 3 snow or ice events. Spring brings rain and warmer temps. The warmth of the longer days causes green to rise from the valley floor to the top of Walden’s Ridge. Summers are fairly hot and humid. Fall is my favorite season in Chattanooga because drier cool crisp air floats in. The coolness brings about gorgeous leaf colors. The mountains that surround Chattanooga provide a warm red, yellow, and brown mosaic quilt in late October.
Micro Climates in Chattanooga
Is it raining at your house? Chattanooga is wonderful mix of terrain. The Tennessee River winds around the valley floor (Chattanooga elevation is 680 above sea level). 1,700 feet above the river local mountains guard Chattanooga and the valley below (Lookout Mountain, GA elevation at High Point is 2,392). Hang glider pilots enjoy the thermals that are caused by air currents and temperature differences. It is typically warmer on the valley floor by 6 – 10 degrees than on top of the ridges. I lived on Signal Mountain, TN and remember frequent foggy winter conditions. The temperature and elevation differences can result in a bit more ice and snow on the mountains.
Weather Trends
I grew up in Chattanooga, TN in the 1960s and 70s. There are temperature inversions that happen. The EPA documented a study in 1967 about Chattanooga air. Chattanooga was a much more polluted city in 60s. Temperature inversions frequently trapped the smog layer below warmer air above. Chattanooga is much cleaner now, check out this article about the process.
Weather has changed over the decades. As global weather patterns shift, Chattanooga weather is not immune. I have noticed more tornados in the last few years near Chattanooga, TN. Local buyers more frequently ask for basement homes now. Chattanooga seems to have warmer winters than previous decades. We also take part in unusual weather patterns. The summer of 2013 is one of the wettest summers I recall. The typical August in Chattanooga calls for irrigation to your thirsty landscaping. The winter, spring seasons bring more liquid sunshine.
Local Weather Radar
Two local TV stations, WRCB and WTVC provide local weather radar apps. These apps appear to have the same engine from Intellicast. The best thing about the local apps is area news alerts. One of the best weather apps regardless of location is AccuWeather.
Summary
Chattanooga weather provides for great outdoor activities. People from Texas are always amazed at how green Chattanooga is. Folks from Western states are surprised at the amount of liquid in the air (humidity). Chattanooga weather is a tad mysterious and fun. It reflects the terrain, water and the people.
Working on About Me Brian R. Kelly. My current About Me Page is like many. It expresses the victories and accomplishments of what is mostly a successful real estate career path. (can you say Resume?) But if you really want to know About Me, then I need to tell some additional stories.
A biography of my life would read like home town kid done good. At least up until 2007. The circumstance of the real estate market changed. My decisions became more challenging and I made multiple bad personal, money and real estate decisions. A stupid decision was to enter into credit card debt to pay bills in the short term. Instead of being realistic about my current situation I turned to my entrepreneur heart and started businesses outside my acquired skill sets. More poor decision making. That lead to $140,000 in un-secured debt.
My best decision was re-dedicating my life to God and surrendering my prideful spirit. I left arrogance and my selfish spirit at the foot of the cross. God was able to start using me again to help others. Real estate is a fairly deep skill set for me, so I started Liberty Commercial Real Estate Company with a partner in 2008. I started Liberty Homes Chattanooga in 2012.
I have been able to serve home sellers and buyers recently. The unsecured debt of $140,000 is down to $80,000 and falling. God is very good!
Why do I work? What am I passionate about?
I love challenges. I am creative. I love thinking about the vision of a better future. I love encouraging people and families. Leaving good things behind for future generations gets me excited. I love research. So helping people market their house to sell and helping folks dig to find their new home is something I enjoy.
I believe that marketing and advertising is changing dramatically. In order to best serve serve my clients and customers, I am creating massive content. Exposure to smart phones is quickly becoming the “game” for maximum marketing punch. Too often I am seeing owners really wondering “Why” are they spending so much money on real estate agents. Realtors are comfortable in patterns. We all are. But let’s face it, the way we find information about homes is changing Quickly!
I really believe God challenged me to write a blog post for 45 days straight. He built me, so He knows how to lead me where I can help others.
A few childhood stories so you know my spirit.
Failure event in life: I failed to make the second cut on my Junior High basketball team. Coach Hawkins, of the Signal Mountain Eagles, came back to me in science class two weeks later and offered me a spot on the team because some folks left team. I told him no. Basically, with the attitude you didn’t want me then, can’t have these mad basketball skills now. Bad decision – ruined a great NBA career.
Success event in life: I made the cut for the Chattanooga Youth Symphony as a trumpet player. I remember the first time walking into the practice hall and hearing the strings play Christmas music. I thought I was in a living recording (a record – for the older than iTunes generation).
Failure event in life: First day on the job clearing trees with a Stihl chain saw. I failed to understand that standing 4 feet in the air on a partially felled tree while cutting a tree above my head was a bad idea. (Visions of Wiley Coyote are appropriate here) I wondered why Hercules (honest – his Mama named him, and trust me he was most likely a very large child) stopped work to watch me cut a simple tree. A few seconds later I realized he was watching mostly for entertainment value. Fortunately for me I still have all my appendages and all that I lost that day was the wind in my lungs and my pride. (Wish pride had stayed there…reference story above).
Success event in life: Senior class beauty of Red Bank High School 1981, Mary Dee, asked yours truly to the Sadie Hawkins Dance. Saying “Yes” changed my life forever for the better.
I am approaching 5 decades of life. Failures and successes are behind me. I will wake up Lord willing tomorrow. I am excited about the possibilities and so hopeful about the younger generation coming up. I will surrender my will and report for duty and my orders. I will still be working on About Me Brian R. Kelly.
LegalShield Small Business Plan protects real estate brokerage. Broker/owners have a lot of risks. We are dealing with the public and emotional property and transaction issues. Many problems are covered after the fact of lawsuit. Legal problems are prevented with my Legal Shield small business coverage plan.
The greatest value of LegalShield’s Small Business Plan is the ability to pick up the phone and ask questions regarding hiring and firing, worker’s compensation, contract review, joint ventures, city zoning, vendor issues, etc. I do not have to worry about choosing the correct attorney for the question and then dealing with the aggravation of paying an unknown amount for the advice. I know what the bill will be each month and I know if the lawyer does not know the answer they will research the issue and get back with me. I was amazed at the research completed by the Tennessee law firm for an issue related to an unlicensed investor purchasing an option. The law firm did a great deal of research on Tennessee law as it related to previous court cases and specific language in the state real estate code.
My real estate company has general liability and errors and omissions insurance. The Legal Shield policy accomplishes a few things for me as a business owner, which are as follows:
1. Valuable research and answers to unlimited questions during business hours. Prevention of future problems.
2. Review of agreements and signed contracts.
3. Legal correspondence. Writing letters to get things accomplished.
4. 75 Hours of Pre-Trial and Trial Defense if company is named defendant in civil action.
5. 25% discount on any additional legal fees if needed.
One of my agents and my company was sued by an investor purchaser this year. My E&O company and Legal Shield worked together to help me defend the suit. The suit was dismissed and I was a relieved broker.
I grew up around the real estate business since the 70s. I have been serving in the real estate brokerage business since 1991. The family real estate business has seen thousands of property transfers. In 2006 the company had 14 office locations and over 400 agents and over $20 Million in commissions collected. I am not saying this in a boastful way, I am saying I know what it is like to see 5 figure legal bills on your Profit and Loss statement. In have been in court representing a seller defendant and I have had to go to court to sue a developer/builder to collect earned commissions not paid. Hind sight 20/20, I could have saved much money using the Small Business Plan of LegalShield.
But, no time like the present. I started a small real estate brokerage firm and now I do use the Small Business of Legal Shield plan to protect it. I found out about the plan from an investor attorney who has the plan for his property management business. I purchased a family plan to protect my son going away to college. I liked it so much, I bought the small business plan and then decided to sell it to others as an extra income. LegalShield does not solve all your business problems, but used well, they can save you lots of time and money in legal fees. Check out my website to find out more about the plan. Call me if you want to find out why I choose LegalShield Small Business Plan to protect my real estate brokerage.
How To Save Money and DIYHow do you sell your house on your own?
Confession (1) I can only guess, because I have never done it. I am a real estate agent, a Realtor. I have owned 4 homes. I hired someone else to sell 3 of them.
Confession (2) I have not slept in a Holiday Inn Express lately.
Confession (3) I have been in the real estate industry full time over 22 years helping sellers and their agents get properties sold. (So I do have a few thoughts on the subject).
So… why would I help someone who is bent on not hiring me?
(1) I respect the effort. I like saving money like anyone. I recently purchased a bunch of parts for my toilet at Home Depot. Perhaps there is a little bit of pride involved. I can show my wife that I am man enough to fix a small plumbing repair and save a house call. But based on the time and money I spent on this simple project, I am not throwing away my plumbers business card yet.
(2) I believe in giving value. When you give and give, the universe retaliates. I believe you receive more in return.
(3) I hope that you will respect the true professionals in the real estate industry after your effort. We tend to paint an industry with a broad brush when someone has a negative experience. I have met many property owners who choose to stay away from real estate agents because “all” of “them” must be not trustworthy based on a past experience.
(4) Home Depot and Lowe’s have not put builders out of business. For Sale By Owners (FSBOs) and smart phone apps will not do away with professional real estate agents. (They will affect our business, but that is another story)
Let’s get started. Take some notes. I like bullet points.
The most impressive For Sale By Owner I met lately did many of the following:
1.) Study the market to understand value. Ask Realtors and perhaps pay for an appraisal. Take a look at houses you are competing against. Find out how many homes like yours sell each month and how many are on the market. Months of inventory is important.
2.) Pay for a home inspection. Your buyer will get one anyway. Know your issues up front. I made $10,000 as an investor from a botched for sale by owner transaction over an inspection issue that blew up a sale.
3.) Fill out a disclosure about all that is wrong with the property. (In Tennessee it is a state law)
4.) Place good simple signage on property with clear numbers. (You would be surprised at what is really out there),
5.) Advertise. Zillow “make me move” is the most effective at the moment. Zillow is the most downloaded app for buyers driving around. Craigslist. Next best thing: put flyers in a box outside and keep it stocked daily.
6.) Set a deadline to break down and pay for a Flat Fee Listing Service. This accomplishes a contractual agreement with other agents that you will agree to pay them if they bring a buyer, and grants you more internet exposure through Multiple Listing Service and Realtor.com.
7.) Hold Open Houses. Wait for real estate agents who are holding an Open House down the road and put out signs that direct traffic to your house with helium balloons. The people who come to your Open House may not purchase but someone who looked at the house last week may take action because of your activity and “fear of loss”.
8.) Put a combination lockbox on your house. They are about $35.00 at Lowes. Allow “known” real estate agents to show your house without you being there. Turn on all the lights inside before you leave.
9.) Stage well. Clean, clean, clean some more. Remove clutter and take away personal pictures. (Huge Tip: Buyers need to be able to “imagine” themselves living there. Not being reminded that you are there….) which leads me to
10.) Be quiet… listen. If you must be present for a showing realize the goal is for the buyer to emotionally see themselves living there. Their reasons for choosing this house may be very different from yours. Explaining “why” you painted the spare bedroom pink will not help the buyer. Real estate agents ask the sellers to leave during showings. Do not leave your home if you do not know the buyer. Security is a real issue when dealing with the public. Oh, almost forgot… buyers may tell you one thing and do another… “they do not want to hurt your feelings” (especially in the South)
11.) Find out your local closing practice by talking with a title attorney. Some states require an attorney be present. Your best protection is to have the buyer place earnest money with the title agency’s escrow account. Have the closing agent or attorney draft a proposed HUD-1 closing statement. This way you will know your fees to close.
12.) Have an attorney review any agreement you make.
You can sell your house yourself. These 12 tips are a decent start on how to do that. Let me know of your successes and things I should add to the list. Godspeed!
Legal Shield helps protect your family. Family and important relationships are your most valuable asset. At the end of the day who loves you and who you love is the most important thing. All the money you made, and the stuff you purchased will “go back into the box”, so to speak.
I have been listening to podcasts a lot lately. I heard a wonderful story told by Ken Blanchard. Ken is a famous author/speaker and tells the story about reading John Ortberg’s book “When the game is over, It all goes back in the box”. Ken used the book as a subject for a speech. A few days later his San Diego home burned to the ground. He experienced the feeling of losing “everything” of his earthly possessions. In response to the loss he called his friends over to his “yard” and held a memorial service. At the gathering friends tell stories of the wonderful times they enjoyed in their “former home”. He experienced in a real way that your family and friend’s love and relationships matter the most. All the rest goes back in box after you play the game of accumulation and work. Things will not last, but how we take care of property does matter. What we give to others and how we treat people around our “stuff” is critical.
Two real stories from phone calls on Friday August 30, 2013:
This morning a builder friend called me about the dealings he is having with a bank on construction loans. He asks me about his “rights” in the loan agreement, bankruptcy and a tenant situation and “assignment of rents” called due, etc. (among other issues) I do have experience in purchasing notes from lenders and some lender law, but I also know that the scope of my business is ‘Real Estate Brokerage’. So I reminded him again about the LegalShield services and also gave him the names of specific local lawyers I know that can help him in particular areas. I gave him 3 names of lawyers that have narrow specialties. I can speak from personal experience these guys are good and will charge $200-350 an hour. My average bill was around $3,500 for each matter when I hired a lawyer in the past regarding lending law. If he chooses to go with LegalShield he can ask for research in areas and be referred to lawyers with specific knowledge and receive a discount on the hourly fee if he needs to sue a party. (LegalShield is set up as a bank of hours for defending you, not suing another party)
I was speaking with a Mother of adult children this afternoon. She is legally separated from her husband, but technically married. She had rented her home because she was not successful selling it. She moved to another state for employment. Her husband lives in yet another US State. (She is dealing with 3 different sets of state law) She started asking me legal, landlord and estate questions. I am a licensed real estate agent, not an attorney. I know practical ways to help, but she was crossing into matters of law. She needs an attorney…no wait… she needs multiple attorneys. So, I encouraged her to consider Legal Shield as a service. Legal Shield (Basic Service for most US States charges $17.00 a month) and a one time $10 setup fee. She can asks as many questions as she wants during week day business hours. She asked me if she had to sign a contract or sign up for a certain time period. I told her “there are no contracts to sign and the service can be cancelled in writing at any time with no further obligation”. It is a simple month-to-month commitment. I know from personal experience she will receive professional care at a great value. She has many legal questions that involve several states. LegalShield has that covered. My local attorney knows Tennessee really well, but would need to call a “friend” for other states.
The LegalShield service is a super value. The value is realized when you use it wisely. The greatest value is the ability to call and ask unlimited questions without having to worry about the invoice. The money I pay to LegalShield represents my commitment to protect my family and business. The people I love are worth it.
Hixson TN 37343 Homes are selling. 78 Homes sold with a price greater than $200,000 (so far in 2013). The same time period in 2012 had only 54 homes sales that were greater than $200,000. 44% increase is double the area Hamilton County average. The average home in this price range in Hixson sales for $97 a square foot. The average year built is 1994.
The challenge for Hixson is available land for new growth. New construction is always a great indicator of the economic strength of an area. Since January 0f 2012, Hixson home shoppers bought over 2 new homes a month over $200,000. There are 11 newer homes for sale. (late August 2013). There are only 5+ months of inventory of New Homes. Popular new home neighborhoods are as follows:
Amber Brook,
Creeks Bend Village,
Bent Creek,
DreamCatcher,
Eagles Landing.
The only neighborhoods with any new homes for sale are Amber Brook and Dreamcatcher.
Amber Brook is a town home community that features one level homes. The “Walden” floor plan features 3 bedrooms, 2 baths, a front loading 2 car garage with 2,063 square feet for $247,900. James Pratt is the home builder. Amber Brook is located near the intersection of Hixson Pike and Cassandra Smith Road.
Dream Catcher is a more “traditional” single family neighborhood. GT Isaa is building a 2,650 square foot home with 4 bedrooms and 2.5 bathrooms for $289,900. GT Issa’s home is represented by Remax and features a master suite on main level with 2 bedrooms, bonus and bathroom upstairs.
Hixson, TN is located in the city limits of Chattanooga. It is located just North of Chattanooga. Commuters from downtown come into Hixson by Hixson Pike, Dupont Parkway and Access Road, Highway 127 and Highway 153. Retail anchors include Northgate Mall, Wal-Mart at Oak Park Town Center, Target on 153, Highland Plaza on Hixson Pike and Ashland Terrace.
New Home Sales Drive Commercial and Retail Growth
Office space for businesses is being created just off Hamill Road at Oasis Park, and behind Northgate Mall. Established office space is available in Hixson Commons. I am representing a seller in a professional office complex named Hixson Commons. The space for sale was a former Beltone hearing aid center and an Acupuncture clinic. It features 2 large exam rooms or offices, a third office in rear adjacent to a full bath and rear entrance. The space also features a kitchen area, soundproof test room and receptionist area with waiting room and another patient half bath. That space is listed at $149,000. Hixson Commons is located at 4513 Hixson Pike, Hixson, TN 37343. Other tenants in the this brick office complex include medical, law and financial services.
Liberty Commercial Real Estate is representing a one acre parcel of level ground on Access Road. Currently the use is Ramsey’s Produce, a plant, fruit and vegetable market. The ground and building are for sale for $304,000. The former Smokin Ed’s BBQ building located at 3874 Hixson Pike. The building is priced to sell at $168,000.
Hixson property is being sold and re-purposed as the needs of the home owners change. Hixson is between a growing Soddy Daisy in North Hamilton County and downtown Chattanooga. As builders find land and take the risk to build the homes sell. The area has solid retail hubs and is growing up more professional spaces for offices and medical use. Hixson Tennessee homes are selling so commercial will be right behind that growth.
