Masked Realtor
Happy Friday! Who is the masked REALTOR® today? HINT: He’s our most recent inductee into the RPAC Hall of Fame. #themaskedrealtor #maskedrealtor #wearyourmask #staysafestayhealthy #covid19 #coronavirus #greaterchattanoogarealtors
Industry News
Geoff Ramsey Inducted Into NAR RPAC Hall Of Fame
Greater Chattanooga Realtors announced that Realtor member Geoff Ramsey was inducted to the National Association of Realtors (NAR) Realtors Political Action Committee (RPAC) Hall of Fame. Mr. Ramsey has been an RPAC Major Investor for seven years, and a President’s Circle Member for six years. Over this time, Mr. Ramsey has invested more than $25,000. … Read more
Is Now a Good Time to Refinance My Home?
With interest rates hitting all-time lows over the past few weeks, many homeowners are opting to refinance. To decide if refinancing your home is the best option for you and your family, start by asking yourself these questions: Why do you want to refinance? There are many reasons to refinance, but here are three of … Read more
Why the Stock Market Correction Probably Won’t Impact Home Values
With the housing crash of 2006-2008 still visible in the rear-view mirror, many are concerned the current correction in the stock market is a sign that home values are also about to tumble. What’s taking place today, however, is nothing like what happened the last time. The S&P 500 did fall by over fifty percent … Read more
Economic Slowdown: What the Experts Are Saying
More and more economists are predicting a recession is imminent as the result of the pullback in the economy caused by COVID-19. According to the National Bureau of Economic Research: “A recession is a significant decline in economic activity spread across the economy, lasting more than a few months, normally visible in real GDP, real … Read more
A Recession Does Not Equal a Housing Crisis [INFOGRAPHIC]
Some Highlights The COVID-19 pandemic is causing an economic slowdown. The good news is, home values actually increased in 3 of the last 5 U.S. recessions and decreased by less than 2% in the 4th. All things considered, an economic slowdown does not equal a housing crisis, and this will not be a repeat of … Read more
Are We About to See a New Wave of Foreclosures?
With all of the havoc being caused by COVID-19, many are concerned we may see a new wave of foreclosures. Restaurants, airlines, hotels, and many other industries are furloughing workers or dramatically cutting their hours. Without a job, many homeowners are wondering how they’ll be able to afford their mortgage payments. In spite of this, … Read more
Three Reasons Why This Is Not a Housing Crisis
In times of uncertainty, one of the best things we can do to ease our fears is to educate ourselves with research, facts, and data. Digging into past experiences by reviewing historical trends and understanding the peaks and valleys of what’s come before us is one of the many ways we can confidently evaluate any … Read more
Two Big Myths in the Chattanooga Homebuying Process
Whether you are looking to buy a house in or any of the surrounding communities like , current information on the condition of the housing and financial market provided by your licensed and professional realtor like Geoff Ramsey is very important in your decision making process. The 2020 Millennial Home Buyer Report shows how this … Read more
5 Simple Graphs Proving This Is NOT Like the Last Time
With all of the volatility in the stock market and uncertainty about the Coronavirus (COVID-19), some are concerned we may be headed for another housing crash like the one we experienced from 2006-2008. The feeling is understandable. Ali Wolf, Director of Economic Research at the real estate consulting firm Meyers Research, addressed this point in … Read more
