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Posts Tagged ‘chattanooga tn

15
Mar


Recently, I’ve been surprised by the number of people who have asked me about the various pros and cons of bank financing versus other financing options. As a result, I decided to post this relatively short video produced by Chad Carson which does a superb job of addressing this subject in a very clear, concise and informative manner. If you are actively trying to build a real estate portfolio you should definitely watch this video!
— Joe

 

 

Contact Information

Joe Pleva, Director
Keller Williams®
202 Manufacturers Road
Chattanooga, TN 37405

Mobile: 423-667-6204
Office: 423-664-1550
Fax: 423-826-4951
Email: Joe@yourrealtysolutionsteam.com

28
Jan

I ran across this information-packed video and recommend it to all new real estate investors (and potential real estate investors). It clearly describes the “how” and “why” of structuring yourself for appropriate liability protection. It’s excellent information from Phil Pustejovsky, a renown real estate investor, speaker and coach. Check it out!
— Joe

 

 
 

Contact Information

Joe Pleva, Director
Keller Williams®
202 Manufacturers Road
Chattanooga, TN 37405

Mobile: 423-667-6204
Office: 423-664-1550
Fax: 423-826-4951
Email: Joe@yourrealtysolutionsteam.com

11
Jan

Hello and welcome to the start of a new year! It looks like 2016 will be a very dynamic year for all of us, including the commercial real estate market as well as the nation as a whole. Therefore, in order to help you get started in 2016 with the best information possible, I’ve found a very timely and informative video that I recommend watching. The title of the video is “2016 Emerging Trends in Real Estate.”

Emerging Trends in Real Estate® is a trends and forecast publication now in its 37th edition. It is one of the most highly regarded and widely read forecast reports in the real estate industry. Emerging Trends in Real Estate® 2016, undertaken jointly by PWC and the Urban Land Institute, provides an outlook on real estate investment and development trends, real estate finance and capital markets, property sectors, metropolitan areas, and other real estate issues throughout the United States and Canada.

The video was produced by The Commercial Real Estate Shop with Michael Bull, CCIM, serving as the host for the program. And, the featured guests are Mitch Rochelle, a Partner at PWC, and Andy Warren, Director of Research at PWC.

Bottom line, this video provides outstanding content and I recommend it for all active as well as all pending commercial real estate investors.

— Joe

 

 

Contact Information

Joe Pleva, Director
Keller Williams®
202 Manufacturers Road
Chattanooga, TN 37405

Mobile: 423-667-6204
Office: 423-664-1550
Fax: 423-826-4951
Email: Joe@yourrealtysolutionsteam.com

22
Aug

Here’s more good news about the greater Chattanooga real estate market. I encourage you to read this article published by the Chattanooga Times Free Press on August 21, 2015.
— Joe

Americans stepped up their home-buying for a third straight month in July, as sales accelerated to the strongest pace in eight years.

The National Association of Realtors said Thursday that sales of existing homes rose 2 percent last month to a seasonally adjusted annual rate of 5.59 million, the fastest rate since February 2007. Sales have jumped 9.6 percent over the past 12 months, while the number of listings has declined 4.7 percent.

In Chattanooga, home sales also rose in July by 2.3 percent from year-ago levels to 785 homes, even while the number of houses for sale plunged by 33.4 percent to 4,408, or 2,214 fewer than in July 2014. The Greater Chattanooga Association of Realtors said home sales in the first seven months of 2015 were up 12.8 percent to 5,054 — the best year since before the Great Recession hit the market. (Read the complete article…)

 

Contact Information

Joe Pleva, Director
Keller Williams®
202 Manufacturers Road
Chattanooga, TN 37405

Mobile: 423-667-6204
Office: 423-664-1550
Fax: 423-826-4951
Email: Joe@yourrealtysolutionsteam.com

24
Jul

For those of you who did not see this article in a recent edition of the Chattanooga Times Free Press, there’s more good news about the current surge in home sales and home prices at the national level AND in the greater Chattanooga real estate market. Below is an excerpt taken from the article plus a link to the complete article.
— Joe

(Chattanooga Times Free Press, July 23, 2015, by Dave Flessner)
The National Association of Realtors said Wednesday that sales of existing homes climbed 3.2 percent last month to a seasonally adjusted annual rate of 5.49 million, the highest rate since February 2007. Sales have jumped 9.6 percent over the past 12 months, while the number of listings has risen just 0.4 percent.

The median home price has climbed 6.5 percent over the past 12 months to $236,400, the highest level — unadjusted for inflation — reported by the Realtors.

The Greater Chattanooga Association of Realtors said Wednesday median home prices last month rose locally to $155,000, up 5.8 percent from a year ago. In the first half of 2015, local Realtors sold 7,494 homes or 6.7 percent more than a year ago.

Read the complete article…

 

Contact Information

Joe Pleva, Director
Keller Williams®
202 Manufacturers Road
Chattanooga, TN 37405

Mobile: 423-667-6204
Office: 423-664-1550
Fax: 423-826-4951
Email: Joe@yourrealtysolutionsteam.com

08
Jun

The National Association of Realtors recently published their Commercial Real Estate Outlook for 2015.Q2. It’s an excellent report and is certainly worth reading! Here’s why.

The Economic Overview section contains information on the national economy, including GDP, business investments, manufacturing activity, government spending, consumer spending, employment and consumer confidence. Summary data is included.

Next, there is a discussion of the commercial real estate market, including commercial real estate fundamentals, office absorption, industrial markets, retail markets, multifamily demand, investment sales and available commercial inventory. Also, there is a chart comparing key metrics for the office, industrial, retail and multifamily markets.

And last but not least, there is a Commercial Forecast of Metro Vacancy Rates for approx. 80 U.S. cities, including Chattanooga, Nashville, Knoxville, Memphis, Atlanta, Birminham and various other southeastern cities.

If you are a current or prospective commercial real estate investor I urge you to read this report in its entirety.

Simply click here to read the full report.

— Joe

 

Contact Information

Joe Pleva, Director
Keller Williams®
202 Manufacturers Road
Chattanooga, TN 37405

Mobile: 423-667-6204
Office: 423-664-1550
Fax: 423-826-4951
Email: Joe@yourrealtysolutionsteam.com

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