Real Estate News & Trends

Market Stats December 2024 Real Estate Market Update: What You Need to Know Before we get too far into 2025, lets take a moment to look at the East Tennessee real estate market trends for December. The numbers tell an interesting story: while the market is no longer as frenzied as we saw during the pandemic years, it’s finding a rhythm that feels steady—and, in many ways, familiar. […]
Market Stats November 2024 Real Estate Market Update: What You Need to Know As we approach the close of the year, the East Tennessee real estate market continues to follow a familiar seasonal pattern. While we can see a slowdown in some areas, this appears to be more about the time of year than any major market shift. Here’s a look at what we’ve seen in recent weeks […]
Market Stats October 2024 Real Estate Market Update: What You Need to Know October brought a balanced and active market across East Tennessee, with steady trends in both the general residential and luxury home sectors. Wallace Real Estate COO Claudia Stallings’ monthly market review offers a detailed look at how the real estate market performed, shedding light on the region’s continued appeal for both everyday homeowners and luxury […]
Market Stats September 2024 Real Estate Market Update: What You Need to Know As we move into the cooler months of the year, the East Tennessee real estate market is following some familiar seasonal trends. September often signals the beginning of a slow-down, with fewer homes hitting the market, but the data reveals some interesting dynamics that are important to note for both buyers and sellers. New Listings […]
Market Stats August 2024 Real Estate Market Update: What You Need to Know As summer winds down, the real estate market in our area shows a mix of familiar patterns and evolving trends. Here’s a detailed look at the latest market statistics for August 2024. New Listings In August, the number of new listings closely matched figures from 2019 and 2021. This consistency indicates a balanced market where […]
Market Stats Navigating the July 2024 Real Estate Market: A Snapshot July 2024 East Tennessee Real Estate Market Update: A Steady, Resilient Market As we reach the height of summer, the East Tennessee real estate market continues to demonstrate its resilience and adaptability. With the July statistics now in, we can see how the market is evolving in response to current conditions. Here’s a closer look […]
Market Stats Navigating the June 2024 Real Estate Market: A Snapshot As we settle into summer, the real estate landscape in our area continues to evolve. Let’s dive into the latest market insights for June 2024. New Listings In June, we observed a slight decrease in new listings compared to previous months. This trend aligns closely with pre-pandemic levels from 2019, suggesting a seasonal slowdown typical […]
Buying a Home Tips for First-Time Home Buyers in 2023 May 1st is National New Homeowners Day, and since the spring selling season is ramping up, it’s a great time to talk about things would-be homeowners need to know.  Learn more by watching the video below! One important first step is to talk with a local lender who knows the market, has a good reputation, […]
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Real Estate News & Trends What is Radon and How Can You Protect Your Home? We all want our homes to be healthy places for our families to thrive, so it’s important to understand the threats that may be present. One such threat is radon, a tasteless, odorless, and colorless radioactive gas that occurs naturally as uranium decays in rock, dirt, and sometimes water. We are primarily at risk to […]
Real Estate News & Trends Housing Trends | Multi-Generational Homes There’s a trend that has been gaining popularity in the housing market over the past several years: multi-generational homes. While the concept of several generations of a family living together isn’t particularly new, the structures they are calling home now look and feel much different than in the past. Research estimates that more than 50 […]
Real Estate News & Trends America’s New Favorite Room in the House! For some time, the family room has been the favorite room in the house of many homeowners. Whether referred to as the den, the rec room, or the playroom, this is the space where homeowners get to spend quality time with other members of the household, as well as guests who may stop by. However, […]
Real Estate News & Trends NAR 2022 Home Buyer & Seller Generational Trends Report Highlights WASHINGTON (March 23, 2022) – The share of millennial home buyers increased significantly over the past year. They are also the most likely generation to use the internet to find the home they ultimately purchase and most likely to use a real estate agent. This is according to the latest study from the National Association […]