Over the past decade, the Chattanooga economy has undergone a manufacturing-led resurgence and has experienced job growth significantly higher than the national average. Over the period, the manufacturing sector changed from one dominated by non-durable goods such as food to one dominated by durable goods such as automobiles. This recent resurgence is in contrast with…
Interest Rates, Prices, Inventory Create a Quandary for Local Real Estate
CRER Research Scholar featured in an article in the Chattanooga Times Free Press’s Edge Magizine: “The broad trend here, says University of Tennessee at Chattanooga economist Bento Lobo, is that rates are currently higher than they have been in a long time, and are predicted to stay that way for a while. But while they’re…