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Local realtor presents January housing numbers; cites statewide 2024 real-estate economic impact
Summary
Josh Grama of Greater Chattanooga Realtors presented January market statistics for Red Bank and cited a National Association of Realtors report estimating $84.2 billion in real-estate economic impact in Tennessee in 2024, equal to about 15.7% of state gross product and roughly $120,000 in economic output per typical home sale.
Josh Grama, governmental affairs director for Greater Chattanooga Realtors, provided commissioners with January residential market statistics for Red Bank and shared a statewide housing-economy summary from the National Association of Realtors.
Grama said…
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