Saturday, April 7, 2012

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Chattanooga, Tennessee (March 1, 2012) ? First-time home buyers and local homeowners looking to refinance their mortgages have a reason to rejoice in Chattanooga?s thriving real estate market. Its recent fifth-place ranking on the Inman News 10 Real Estate Markets to Watch in 2012 list has made Chattanooga one of best places for residents looking to secure or refinance a Tennessee home mortgage.

The following key metrics were used as a litmus test for the health of the Chattanooga Metro Area?s real estate market: high sales rate in proportion to its population, low foreclosure activity, above-average price appreciation, below-average share of distressed sales, high level of home affordability, low vacancy rate, and a flourishing job market. Among the ten real estate hot spots identified in the report, Chattanooga boasts the highest out-of-state in-migration rates.

Churchill Mortgage Corporation, one of the leading providers of Tennessee home loans and refinancing programs, sees this upward trend in the local housing market as a prime opportunity for Chattanooga clients to get the most out of their investments. Housing, economic, and demographic statistics for the area forecast a promising future not only for Chattanooga?s real estate market but also for its general economy.

Barbara Corcoran, a real estate expert for NBC?s The Today Show, said of Chattanooga in a segment featuring the Inman News report: ?There?s good jobs, good houses, good values ? three good reasons to live in Chattanooga.?

The Chattanooga Metro Area ranked no.5 on the US real estate watch list, following Raleigh-Cary, NC, Wichita, KS, Rochester, NY, and Des Moines, IA. With all these incentives for securing or refinancing a Tennessee mortgage loan, locals are turning to Chattanooga?s leading mortgage providers for advice.

Churchill Mortgage Corporation?s home financing experts and dedicated refinance staff offer a wide range of Tennessee mortgage loan options tailored to suit the individual financial situations of Chattanooga customers. Chattanooga residents interested in learning more about their Tennessee home mortgage options can reach Churchill Mortgage?s Chattanooga local office at (423) 899-6898.

About Churchill Mortgage Corporation

Churchill Mortgage Corporation is a multi-state accredited lending firm based in Brentwood, TN. Their Chattanooga office is located at 1510 Gunbarrel Rd., Ste. 400, Chattanooga, TN.

A leading provider of Tennessee home loans, the company takes a personalized and consultative approach to their lending services. By establishing fiscally sound relationships with their borrowers, Churchill Mortgage Corporation serves individual clients as well as the local community.

For more information, contact their main office at (866) 466-3690 or email info@churchillmortgage.com today.

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