Company News January 11, 2026

New Year, New Career Direction with Wallace Real Estate

<section itemprop=”articleBody” class=”e-content”><div class=”blogContentWrapper”> <p><img alt=”” src=”https://d15zjc2r4e8kr7.cloudfront.net/9302/blog/Jan2026%20(1).png” style=”margin: 10px; width: 650px; height: 366px;” class=”featured”></p> <p><em><strong>How Wallace Helps Agents Hit the Ground Running</strong></em></p> <p>Starting a real estate career or transitioning to a new brokerage can feel overwhelming. From learning new systems and tools to figuring out how to market yourself and grow your business, the early days can be a whirlwind.</p> <p>That&rsquo;s why Wallace Real Estate takes onboarding seriously. Our goal is to help agents ramp up quickly and confidently. Whether you&#39;re a seasoned pro or just getting started, Wallace provides the structure, tools, and support you need to thrive.</p> <p>We kicked off 2025 with a full orientation for 15 new Wallace agents, with each one leaving the session ready to proceed confidently on their real estate journey. From the moment they affiliated with Wallace, they were welcomed into a streamlined process built around success.</p> <p>Agents had the opportunity to:</p> <ul applyliststylefromlevel=”” data-editing-info=”{“> <li> <p>Connect with their Principal Broker and support team</p> </li> <li> <p>Learn about the Wallace tech stack and get help setting up essential systems</p> </li> <li> <p>Access automated marketing tools and plug-and-play templates</p> </li> <li> <p>Meet their Tech Concierge, who provides hands-on support</p> </li> <li> <p>Discover Wallace&rsquo;s exclusive training programs and ongoing education</p> </li> </ul> <p>When the foundation is strong, confidence grows, and so does business. At Wallace, we don&rsquo;t just hand you the tools and wish you luck. We are there beside you all along the way.</p> <p>For agents ready to make 2026 their year, Wallace offers more than just a place to hang your license. We offer a better way to work.</p> <p><a href=”https://wallacetn.com/company/recruitment/”>Explore what support looks like at Wallace.&nbsp;</a></p> </div><div class=”clearfix”></div><div class=”clearfix”></div></section>

Luxury Spotlight January 9, 2026

Wallace Luxury Spotlight | 13117 Harrison Road Knoxville, TN 37934

In a market where substantial acreage in Farragut is becoming increasingly difficult to find, 13117 Harrison Road stands as a truly exceptional offering. Presented for the first time in nearly five decades, this remarkable estate spans almost 18 acres across two parcels—approximately 12.25 acres in Farragut with an additional 5.6 acres adjoining in Loudon County—creating a rare combination of scale, flexibility, and long-term value in one of Knoxville’s most desirable areas.

The setting offers a sense of privacy and openness that is rarely matched, while still maintaining convenient proximity to everything Farragut has to offer. Whether envisioned as a private retreat, a multi-residence compound, or an opportunity for future development, the property provides a canvas that is increasingly difficult to replicate in this location.

The main residence encompasses approximately 5,000 square feet and is designed for both everyday living and larger-scale entertaining. With six bedrooms, four full baths, and two half baths, the home offers generous room to accommodate a variety of needs. The primary suite is located on the main level, providing comfort and convenience, while the finished basement expands the home’s living and entertaining spaces. Throughout the home, views of the surrounding landscape reinforce a strong connection to the land and enhance the sense of retreat.

Beyond the main home, the estate is distinguished by its impressive collection of additional structures. A separate secondary residence offers flexible options for extended living or guest accommodations. The property also includes a barn with stalls, a five-car detached garage, an RV storage garage, and a workshop—features that significantly broaden the property’s functionality and appeal. Two ponds further enrich the landscape, adding to the property’s natural beauty and sense of seclusion.

Estates of this size, with multiple residences and extensive supporting structures, are no longer being created in this area. This offering represents a rare opportunity to secure a legacy property that stands apart in both scale and potential, all within a premier Farragut location.

Listed by Debbie Yankey – Wallace Real Estate Farragut Office | Click here for more information.

Market StatsReal Estate News & Trends January 8, 2026

December 2025 Real Estate Market Update: What You Need to Know

December market stats often get overlooked, but they tell an important story about where the market really is—and where it’s heading. As we close out the sales from December 2025, the data shows a market that has shifted from urgency to intention, with buyers and sellers adjusting to a more balanced environment.

New listings are a great place to start. December is typically a quieter month for sellers thanks to the holidays, yet December 2025 saw stronger seller participation than the year before. That’s a signal worth noting. Many sellers aren’t waiting for a “perfect” spring market—they’re listing because life changes are happening now. It also means competition didn’t disappear just because the calendar flipped to December. Even in winter, listings need to be priced and presented well to stand out.

Inventory continues to be the headline. Active listings in December 2025 were the highest we’ve seen for this month in years. Buyers have more options than they’ve had for most of this market cycle, and that extra choice changes behavior. Buyers compare more homes, negotiate more confidently, and feel less pressure to rush. For sellers, this means the margin for error is smaller. Homes that are priced right and show well still sell, but overpriced or tired listings get passed over quickly.

Pending sales give us the clearest picture of real-time demand. December 2025 outperformed last December, showing buyers are still active, but the pace is far more measured than the frenzy years. Today’s buyers are cautious and conditional. They’re asking for repairs, credits, or rate buydowns—and they’re quicker to walk away if a deal doesn’t add up. When buyers have choices, they act like it.

Closed sales were also up compared to last December, which matters because closings are proof that deals are getting done. Since closings lag behind contract activity, this tells us that buyers and sellers are finding ways to bridge affordability gaps through concessions, price adjustments, and better-aligned expectations.

Months of supply reinforces this story. By December 2025, the market had moved into a more balanced zone than earlier in the decade. Buyers have time to think, and sellers have to compete. This doesn’t signal a price collapse—it signals a market that rewards precision. Pricing, condition, and marketing all matter more now than they did during the boom.

Median sales price held steady compared to last December, which highlights the shift from rapid appreciation to stability. In a rate-sensitive environment, prices often move sideways rather than dropping sharply. What’s really changing is leverage. Buyers now have more room to negotiate price reductions, credits, and repairs because they’re no longer competing against a dozen offers.

Finally, average days on market tell the clearest truth. Homes took longer to sell in December 2025 than they did last year—and much longer than during the frenzy years. That’s expected in a winter month with higher inventory. Buyers are slower, pickier, and more willing to wait. Homes that are positioned correctly still move; those that aren’t simply sit while buyers scroll on.

The takeaway is simple: this is a thoughtful, balanced market. Buyers have options, sellers need strategy, and success depends on getting the details right. Precision wins—and that’s where strong guidance makes all the difference.

Whether you’re considering listing your home, making a move, or simply curious about your neighborhood’s trends, I can help you navigate the market with clarity and confidence.

*Stats provided with permission from the East Tennessee Realtors Multiple Listing Service. As reported by Claudia Stallings, Wallace Real Estate COO.

Lifestyle January 8, 2026

Why East Tennessee is Earning National Attention

East Tennessee has always been a special place to call home, but several recognitions earned in 2025 caused the rest of the country to start officially taking notice.

From nationally recognized restaurants and award-winning hotels to outdoor spaces and cultural landmarks, our area continues to earn accolades that highlight what locals already know: this is a region rich in character, creativity, and quality of life.

Here’s a look at some of the recent national recognitions putting Knoxville and other areas around East Tennessee on the map as one of the Southeast’s standout destinations—and why that matters for homeowners, buyers, and investors alike.

A Growing Food Scene with National Recognition

Knoxville’s culinary scene continues to evolve, and 2025 brought major validation from one of the most respected names in dining.

Two Knoxville restaurants—J.C. Holdway and Potchke—were named MICHELIN Recommended Restaurants, placing Knoxville alongside some of the most exciting food cities in the region.

This recognition reflects a broader trend: Knoxville is attracting chefs, creatives, and entrepreneurs who are shaping a vibrant, nationally relevant dining culture.

Award-Winning Hospitality in the Heart of Downtown Knoxville

Luxury and hospitality are also earning Knoxville national praise.

Downtown Knoxville’s Tennessean Hotel received multiple prestigious honors, including:

  • Condé Nast Traveler’s Top Hotels in the South
  • Northstar Stella Awards Gold
  • MICHELIN One Key Hotel designation

These accolades reinforce Knoxville’s reputation as a destination city—one that welcomes visitors while elevating the downtown living experience for residents.

Arts, Culture & Iconic Landmarks

East Tennessee’s creative spirit continues to shine on a national stage.

  • Knoxville was ranked among the Top Arts Districts in the United States
  • Glitterville Studios was featured in Southern Living for its whimsical, design-forward aesthetic
  • The iconic Sunsphere was named Tennessee’s Most Fascinating Roadside Attraction by HGTV

These recognitions celebrate our area’s blend of history, creativity, and distinct sense of place—qualities that make neighborhoods feel authentic and alive.

Outdoor Spaces That Elevate Everyday Living

East Tennessee’s outdoor amenities continue to attract national attention, reinforcing why the region is so appealing for active lifestyles.

  • Tommy Schumpert Dog Park was voted #2 Best Dog Park in the U.S. by USA TODAY 10Best
  • Seven Islands State Birding Park was featured in Forbes for its natural beauty and birding opportunities

From greenways and riverfronts to state parks just minutes away, Knoxville offers easy access to the outdoors without sacrificing urban convenience.

What This Means for East Tennessee Homeowners & Buyers

National recognition like this isn’t just about tourism—it reflects long-term momentum.

A thriving food scene, cultural investment, walkable districts, outdoor amenities, and award-winning hospitality all contribute to our area’s growing appeal as:

  • A place to put down roots
  • A smart long-term investment
  • A city that continues to evolve while honoring its character

Whether you’re buying, selling, or simply keeping an eye on the market, East Tennessee’s rising profile is something homeowners can be proud of.

Thinking about making a move in East Tennessee or somewhere else? As  local expert, I would love to help you explore your options.

Luxury Spotlight January 6, 2026

Wallace Luxury Spotlight | 1150 Hillendale Road Crossville, TN 38572

Set across 5.23 acres of rolling Tennessee landscape, this custom-built estate is a striking example of thoughtful design, craftsmanship, and a deep connection to its natural surroundings. Mountain-inspired in both form and finish, the home feels purposefully placed on the land, offering long-range views, privacy, and a refined sense of calm that is increasingly rare to find.

The exterior makes an immediate impression with a sophisticated blend of stonework and HardiePlank siding, paired with an architectural roofline and covered entries that mirror the contours of the terrain. Both the front and rear patios feature tongue-and-groove wood ceilings, extending the home’s craftsmanship beyond the walls and creating outdoor spaces designed to be enjoyed throughout the year.

Upon entering the home, hickory hardwood flooring runs throughout the living areas, establishing warmth and durability while setting the tone for the elevated finishes found throughout. The main living space is anchored by soaring ceilings, wood accents, and a dramatic floor-to-ceiling stone fireplace that serves as a natural focal point. Expansive windows frame sweeping views across the acreage and toward the mountains, bringing the outdoors into the heart of the home and allowing the scenery to evolve with the seasons.

The open-concept layout flows seamlessly into a custom kitchen designed with both beauty and performance in mind. Custom cabinetry, premium appliances, and a generous center island are complemented by a distinctive patterned floor design that defines the space and adds architectural character. This intentional detail elevates the kitchen beyond standard finishes, reinforcing its role as a central gathering space within the home.

Multiple living and seating areas throughout the residence provide flexibility for hosting or everyday living, including sun-filled spaces positioned to take full advantage of the surrounding views. The home offers three bedrooms, each featuring custom closet organizers that reflect a level of planning and storage typically reserved for truly custom builds. An expansive laundry room is paired with a large, discreetly located pantry, enhancing daily functionality while maintaining a clean, uncluttered aesthetic.

The primary suite serves as a private retreat, offering generous proportions, direct access to outdoor living, and a spa-inspired bath. Custom tile work, dual vanities, a walk-in shower, and bidet-equipped bathrooms underscore the home’s attention to comfort, quality, and modern convenience.

Outdoor living is equally compelling, with both covered and open areas overlooking the acreage and frequent wildlife sightings adding to the sense of connection with the land. Two garages support a variety of needs, including an attached two-car garage for everyday use and a detached two-car garage ideal for additional vehicles, storage, or workshop space.

From an infrastructure standpoint, the home is exceptionally well-equipped with electric, natural gas, public water, fiber optic internet, and a Generac whole-home generator. These features provide reliability and peace of mind while preserving the appeal of a rural estate setting.

Thoughtfully designed, meticulously built, and positioned just minutes from town amenities, this property delivers custom luxury on acreage with mountain views. It is a rare opportunity to experience refined living in a setting that balances architectural excellence with the beauty of Tennessee’s landscape.

Listed by Victoria Eberhart – Wallace Real Estate Upper Cumberland Office | Click here for more information.