The surge in vacation-home buying that swept across the country during the COVID-19 pandemic has largely come to an end, and the Chattanooga area is no exception.
A new analysis by SellMyTimeshareNow found that vacation-home purchases financed with mortgages nationwide have fallen nearly 66 percent since their pandemic-era peak in 2021. The report shows purchases dropping from 257,549 in 2021 to just 88,158 in 2025, signaling a dramatic reversal in the second-home market.
In the Chattanooga, Tennessee-Georgia metropolitan area, vacation-home purchases declined 63 percent between 2021 and 2025, reflecting a slowdown similar to national trends. The Chattanooga metro ranked 67th among midsize metropolitan areas for the largest decline in vacation-home demand and 413th among all 897 metropolitan and micropolitan areas included in the study…