Hamilton Herald Masthead

News - Friday, June 10, 2022

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Illusion vs. reality in real estate market
Strong demand, weak inventory escalate stress

Bekah Cochran is standing in the midst of two colliding storms. Made of fast winds and electric fury, either tempest could do substantial damage.

But instead of seeing the dark clouds and scattered debris, Cochran is looking beyond them to where a rainbow stands as a promise of peace and prosperity.

Mastering the art of ‘hard conversations’
Life lessons carry over into estate, trust practice

Colter Parker says he grew up with wonderful parents and three siblings with whom he remains close.

However, even a loving family can go through trying times, Parker adds, so there were occasions when his father and mother had to sit down with him and have what he calls “a hard conversation.”

General Sessions Court receives funding for Eviction Diversion Initiative

Hamilton County General Sessions Court has received a grant from the National Center for State Courts’ Eviction Diversion Initiative to strengthen eviction diversion efforts and improve housing stability locally.

Hamilton County General Sessions Court is one of 13 state and local courts selected through a competitive application process.

From agent to managing broker
O’Neil-McRoy steps up after declining role

Dawn O’Neil-McRoy answers her phone and then immediately asks for a reprieve.

It’s her first day as the new managing broker at RE/MAX Renaissance Realtors in Hixson and she just arrived at work, home-baked blueberry muffins in tow.

Commercial real estate continues to look up

Real estate is much more than single-family homes. From multifamily, mixed use and hospitality to office, industrial and retail, commercial real estate touches all aspects of a community.

And while it might seem like a foreign idea now, commercial real estate really took a hit in 2020 and only started to recover in 2021.

Big initial step: Choosing the right real estate agent

Buying or selling a home is one of the largest financial decisions made in a lifetime. With rising interest rates, high home prices and inventory shortages, choosing the right real estate agent to list or purchase your new home right now is an even more daunting task.

Rising rents hit low-income residents hardest

The online listing for a two-bedroom, two-bath condo in the Green Hills neighborhood in Nashville went up on a Thursday, with plenty of color photos. It wouldn’t be available till September, and the owner was advertising in May, earlier than she usually did.

River City: Real Good Smokehouse has some work to do

When Good Dog opened in Chattanooga, its name reinforced the enthusiastic word-of-mouth. If you wanted a delicious hot dog, you knew where to get one.

Slipping a superlative into the name of your restaurant is a shrewd marketing tactic. If anyone is looking for a “good dog,” for example, a quick web search will yield the answer (or the phone number of a canine trainer).

Financial Focus: What’s your investment risk tolerance?

Risk is a normal part of investing. If you didn’t take on any risk, you wouldn’t have the potential to achieve higher returns. But how much risk should you accept?

You don’t want to incur unnecessary risk. So, you’ll need to assess the amount of risk you’re comfortable taking and then determine if this risk level supports your ability to achieve your long-term goals.

Millennial Money: Curb inflation with 5 perks from credit card companies

As prices on goods and services continue to rise because of inflation, scaling back expenses isn’t the only way to free up cash to cover essentials.

Credit cards can feature valuable perks for new applicants, whether your goal is to pay off debt or save on costs. Even if you already have a card, you may be sitting on targeted offers, rewards or benefits that could make a difference.

UT sports: Focus flips to Super Regional with hot Vols hosting Irish

Controversy, comebacks, middle fingers and a lot of runs.

Tennessee baseball’s opening weekend of the NCAA tournament featured a little bit of everything.

The top-seeded Vols went 3-0 to win their regional at Lindsey Nelson Stadium, staging comebacks and getting strong relief pitching in their final two games to advance to the Super Regional for the second straight season.

UTC sports: UTC names Woodruff men’s golf head coach

Blaine Woodruff is the Chattanooga Mocs new men’s golf head coach. His debut marks the third head coach in the program’s division one history.

“Blaine comes from a dynamic program at Pepperdine, where he helped the Waves to a National Championship in 2021,” notes Vice Chancellor and Director of Athletics Mark Wharton. “I have every confidence in his ability to build a championship team on and off the course.”

City completes relocation of residents at 11th Street homeless encampment

The city of Chattanooga last week concluded a two-month process to relocate residents experiencing homelessness from an 11th street encampment located next to aAn active rail line.

Following a site census in March, all residents were offered the choice of a referral to a new temporary sanctioned encampment or a referral to work toward permanent housing through Chattanooga Housing Authority. Those who declined housing were offered a new tent and relocation assistance.

Urban Story Ventures sells partial footprint at Midtown Office Park

Southeast real estate development group Urban Story Ventures has sold nearly 280,000 square feet of single-level office buildings at Midtown Office Park to Greenleaf Capital. The sale was finalized earlier this month.

“Our leasing team has leased over 110,000 square feet of office space throughout the Midtown Office Park in the last year – and we’re near capacity,” says Jimmy White, general partner and president of Urban Story Ventures. “This sale will allow us to focus on adding value to projects through development and revitalization.”

Business book review: ‘Think like a horse’ for more stable workplace

The guy on the opposing side is many times your weight and more than twice your girth.

He’s not happy, either. He’s snorting and huffing and pacing, eyes wild, and might lash out at any minute. Thing is, you have to work with this guy, so there’s gotta be a way to get him on your side.

Electric SUV comparison: Hyundai Ioniq 5 vs. Kia EV6

Seemingly overnight, the all-electric small SUV segment has exploded with options from both startup companies and established automotive players. Two of the most promising new models come from sister brands Hyundai and Kia.

The Hyundai Ioniq 5 flaunts a retro-futuristic design in a spacious, fast-charging form, while the Kia EV6 wears a sleek, future-facing look to match its excellent performance. Prospective buyers are likely to consider both since they’re very similar underneath the sheetmetal.