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Updated about 6 years ago on . Most recent reply

Is Chattanooga saturated with investors?
I recently went to Chattanooga to buy a home or 2. It seems the area, particularly Highland Park which seems to be the hot area now, is saturated with investors to where there are very few deals. Everything I have come across seems to suggest that I missed the boat by about 2 years. It seems the fix and flip thing is not a viable option, although I'm perfectly fine with buying and doing a LTR or STR.
Any thoughts on this ladies and gentleman?
Most Popular Reply

I've lived out here six plus years now. The market has definitely heated up across all segments. Since we're about halfway between Nashville and Atlanta we've got a fair amount of out of town investors coming in which is also driving prices. That said it's still a healthy market but for those investors looking for two to three year ago prices (and I include myself there) we're going to need to readjust expectations.