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The Paula McDaniel Group

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📈 Weekly Chattanooga Real Estate Market Update 1/2/2023 - 1/8/2023.

Friday, January 13, 2023
by The Paula McDaniel Group


📈 Weekly Chattanooga Real Estate Market Update 1/2/2023 - 1/8/2023.
Single-family homes in Hamilton, County, TN.
Currently Active Listings: 729
Pending Listings Last Week: 99
Sold Listings Last Week: 67
Average Sold Price Per Square Foot: $187.00
Average Sold Price: $496,075.00
Average Days On The Market: 83
👉 If you or someone you know is in the market to buy, build, or sell a home, then call us today!
It will be our pleasure to help you with all of your real estate needs.
☎️ The Paula McDaniel Group 423.667.2997
📲 www.AllChattanooga.com
Real Estate Partners Chattanooga LLC.
423-362-8333. Equal Housing Opportunity. Licensed in TN and GA.
All information is from GCAR and is current as of 1/13/2023, at 11:26 am. 
#RealEstate #Chattanooga #Homebuyinginchattanooga #chattanoogahomesforsale #chattanoogarealestateagent #chattanoogahomesforsale

Mortgage Market Movement January 9, 2023

Monday, January 9, 2023
by The Paula McDaniel Group

Mortgage rates saw a sharp downward trend following Friday’s employment situation news. Construction spending increased in December. Mortgage application submissions unsurprisingly decreased over the holidays. Job openings decreased in November, but ADP nonfarm employment increased in December. Continuing jobless claims and initial jobless claims slipped. The employment situation showed positive job gains but lower wages and shorter workweeks.

MORTGAGE RATES CURRENTLY TRENDING

THIS WEEK'S POTENTIAL VOLATILITY
  • Lead Analyst for HousingWire talks 2023 forecast for the housing market. Listen Now >>
  • How homeowners can make the most of their yard this winter. Read Now >>
  • Five reasons this isn’t the 2008 housing market. Read Now >>

  • Construction spending rose 0.2% month-over-month in November, a shocking gain contrary to the predicted fall of 0.4%.

  • Mortgage application submissions fell a composite 10.3% during the two weeks ending 12/30. The holiday adjusted Refinance Index fell 16.3% from two weeks ago while the seasonally adjusted Purchase Index decreased 12.2% from two weeks earlier.

  • Job openings on the Labor Department’s Job Openings and Labor Turnover Survey (JOLTS) for November decreased from 10.51 million to 10.46 million.

  • The ADP nonfarm employment change was expected to fall to 150,000 but ended up climbing to a level of 235,000 in December.

  • During the week ending 12/24, continuing jobless claims slipped to 1.69 million a lower fall than what was expected. Initial jobless claims fell to a level of 204,000 during the week ending 12/31 – they were expected to climb to 225,000.
  • The employment situation was overall better than expected in December, but a few key reports stood out to the bond market. Average hourly earnings slid from 0.4% to 0.3% month-over-month. Annual average hourly earnings fell from 4.8% to 4.6%; they were expected to climb to 5%. The average workweek was shortened as well – falling to 34.3 hours. Government payrolls saw a noticeable decline to 3,000 from 54,000. Manufacturing payrolls were expected to increase but they remained unchanged at 8,000. Nonfarm payrolls on the other hand, were higher than expected at 223,000, as were private nonfarm payrolls at 220,000. The participation rate increased to 62.3% and the unemployment rate fell to 3.5%.

  This week's important economic reports include:

  • Consumer price index

 WEEK OF JANUARY 9th, 2023


Sincerely,

Jennifer Bryant-Whitmire
NMLS# 832864, GA# 33335/Branch NMLS# 1518270
Sr. Loan Officer | CMG Home Loans
Mobile: (423) 595-5753
Apply Now: my.cmghomeloans.com/dr/c/08i6r

525 W. Main Street  | Chattanooga, TN 37402





CMG Mortgage, Inc. dba CMG Home Loans dba CMG Financial, NMLS# 1820, is an equal housing lender, Georgia Residential Mortgage Licensee #15438. 

📈 Weekly Chattanooga Real Estate Market Update 12/26/2022 - 1/1/2023.

Thursday, January 5, 2023
by The Paula McDaniel Group


📈 Weekly Chattanooga Real Estate Market Update 12/26/2022 - 1/1/2023.
Single-family homes in Hamilton, County, TN.
Currently Active Listings: 731
Pending Listings Last Week: 74
Sold Listings Last Week: 176
Average Sold Price Per Square Foot: $192.00
Average Sold Price: $382,289.00
Average Days On The Market: 84
👉 If you or someone you know is in the market to buy, build, or sell a home, then call us today!
It will be our pleasure to help you with all of your real estate needs.
☎️ The Paula McDaniel Group 423.667.2997
📲 www.AllChattanooga.com
Real Estate Partners Chattanooga LLC.
423-362-8333. Equal Housing Opportunity. Licensed in TN and GA.
All information is from GCAR and is current as of 1/4/2023, at 4:33 pm. 
#RealEstate #Chattanooga #Homebuyinginchattanooga #chattanoogahomesforsale #chattanoogarealestateagent #chattanoogahomesforsale

We would like to thank our clients for a wonderful 2022.

Wednesday, January 4, 2023
by The Paula McDaniel Group


We would like to thank our clients for a wonderful 2022. We were able to close 100+ properties.
We look forward to assisting everyone in 2023 and in the years to come.
From all of us at The Paula McDaniel Group, we wish you and yours health and prosperity in the new year.
-Paula, Kristen, Shelley, and Abbey-
We would like to thank our clients for a wonderful 2022.
We were able to close 100+ properties.
We look forward to assisting everyone in 2023 and in the years to come.
From all of us at The Paula McDaniel Group, we wish you and yours health and prosperity in the new year.
-Paula, Kristen, Shelley, and Abbey-

National Days in January 2023

Tuesday, January 3, 2023
by The Paula McDaniel Group

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* Designates newly founded National Day.

Reblog from https://nationaldaycalendar.com/January

The Paula McDaniel Group 423-667-2997
Real Estate Partners Chattanooga LLC. 423-362-8333. 

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* Designates newly founded National Day.

Reblog from https://nationaldaycalendar.com/January

The Paula McDaniel Group 423-667-2997
Real Estate Partners Chattanooga LLC. 423-362-8333. 

Merry Christmas From The Paula McDaniel Group

Saturday, December 24, 2022
by The Paula McDaniel Group

🎄From our family at The Paula McDaniel Group to yours, we would like to wish you a Blessed and Merry Christmas fill with memories that will last a lifetime!❤

☎️ The Paula McDaniel Group 423.667.2997

📲 www.AllChattanooga.com

Real Estate Partners Chattanooga LLC.

423-362-8333.

📈 Weekly Chattanooga Real Estate Market Update 12/12/2022 - 12/18/2022.

Thursday, December 22, 2022
by The Paula McDaniel Group


📈 Weekly Chattanooga Real Estate Market Update 12/12/2022 - 12/18/2022.
Single-family homes in Hamilton, County, TN.
Currently Active Listings: 761
Pending Listings Last Week: 87
Sold Listings Last Week: 102
Average Sold Price Per Square Foot: $183.00
Average Sold Price: $402,446.00
Average Days On The Market: 78
👉 If you or someone you know is in the market to buy, build, or sell a home, then call us today!
It will be our pleasure to help you with all of your real estate needs.
☎️ The Paula McDaniel Group 423.667.2997
📲 www.AllChattanooga.com
Real Estate Partners Chattanooga LLC.
423-362-8333. Equal Housing Opportunity. Licensed in TN and GA.
All information is from GCAR and is current as of December 22, 2022, at 1:07 pm. 
#RealEstate #Chattanooga #Homebuyinginchattanooga #chattanoogahomesforsale #chattanoogarealestateagent #chattanoogahomesforsale

📈 Weekly Chattanooga Real Estate Market Update 12/5/2022 - 12/11/2022.

Tuesday, December 13, 2022
by The Paula McDaniel Group


📈 Weekly Chattanooga Real Estate Market Update 12/5/2022 - 12/11/2022.
Single-family homes in Hamilton, County, TN.
Currently Active Listings: 801
Pending Listings Last Week: 89
Sold Listings Last Week: 74
Average Sold Price Per Square Foot: $187.00
Average Sold Price: $394,554.00
Average Days On The Market: 74
👉 If you or someone you know is in the market to buy, build, or sell a home, then call us today!
It will be our pleasure to help you with all of your real estate needs.
☎️ The Paula McDaniel Group 423.667.2997
📲 www.AllChattanooga.com
Real Estate Partners Chattanooga LLC.
423-362-8333. Equal Housing Opportunity. Licensed in TN and GA.
All information is from GCAR and is current as of December 13, 2022, at 4:26 pm. 
#RealEstate #Chattanooga #Homebuyinginchattanooga #chattanoogahomesforsale #chattanoogarealestateagent #chattanoogahomesforsale

📈 Weekly Chattanooga Real Estate Market Update 11/28/2022 - 12/4/2022.

Wednesday, December 7, 2022
by The Paula McDaniel Group


📈 Weekly Chattanooga Real Estate Market Update 11/28/2022 - 12/4/2022.
Single-family homes in Hamilton, County, TN.
Currently Active Listings: 835
Pending Listings Last Week: 85
Sold Listings Last Week: 108
Average Sold Price Per Square Foot: $181.00
Average Sold Price: $393,021.00
Average Days On The Market: 73
👉 If you or someone you know is in the market to buy, build, or sell a home, then call us today!
It will be our pleasure to help you with all of your real estate needs.
☎️ The Paula McDaniel Group 423.667.2997
📲 www.AllChattanooga.com
Real Estate Partners Chattanooga LLC.
423-362-8333. Equal Housing Opportunity. Licensed in TN and GA.
All information is from GCAR and is current as of December 7, 2022, at 9:29 am.

#RealEstate #Chattanooga #Homebuyinginchattanooga #chattanoogahomesforsale #chattanoogarealestateagent #chattanoogahomesforsale

National Days in December 2022

Thursday, December 1, 2022
by The Paula McDaniel Group

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* Designates newly founded National Day.

Reblog from https://nationaldaycalendar.com/December

The Paula McDaniel Group 423-667-2997
Real Estate Partners Chattanooga LLC. 423-362-8333.

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Photo of Paula McDaniel ABR, CRS, e-PRO, GRI Real Estate
Paula McDaniel
ABR, CRS, e-PRO, GRI
2115 Stein Drive
Chattanooga TN 37421
Cell: 423-667-2997
Office: 423-362-8333
Office Direct: 423-661-3975
Fax: 423-362-8334
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​The Paula McDaniel Group
Cell: 423-667-2997
Email: [email protected]
Real Estate Partners Chattanooga LLC 
Office: 423-362-8333
2115 Stein Drive
Chattanooga, TN 37421
Equal Housing Opportunity. Licensed in TN and GA. It is up to the buyer to verify that all information is correct and accurate. 
Displayed property listings may be held by a brokerage firm other than Real Estate Partners Chattanooga LLC​ and The Paula McDaniel Group.