Locally and nationally, consumers are opting not to buy homes if they don’t have access to high-speed Internet.
The Wall Street Journal recently highlighted the topic, and Greater Chattanooga Association of Realtors President Travis Close said that residents in rural areas value high-speed Internet access just as much as people who live in city centers.
But access isn’t always available. There are still unincorporated areas of Hamilton County with limited Internet access.
Nearly one in three rural Americans lacks access to broadband Internet service, compared to one in 100 urban Americans, local officials said, citing the Federal Communications Commission‘s latest Broadband Progress Report.
The FCC defines high-speed Internet as 25 megabits per second or more. Fiber can deliver speeds of 1,000 megabits per second.
“Within the last two years, we’ve really seen a push [in a desire for high-speed Internet],” Close said. “It’s almost more important to have high-speed Internet as opposed to fiber TV.”