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The Resi Gazette

East Tennessee Edition

Thursday edition · Nov 12, 2026 · 6:00 AM EST
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Why the next Fed decision should not impact your house purchase

Freddie Mac put the 30-year fixed average at 7.24% on Oct. 29, and the Fed held 3.75% to 4% on Oct. 28

From free public sources; each headline links to the publisher's own page.

In Knoxville the Gazette counts 2,010 active listings; the median asking price there is $400,000, and 56 days listed. 45 cuts to the asking price and no increases were recorded in Knoxville this edition. The Knoxville page lists every home there.

Beside it, Chattanooga has 38 active listings and a median asking price of $370,000, $30,000 lower than Knoxville's. Per square foot the median asks $215 in Chattanooga against $234 in Knoxville, so Chattanooga is lower; the median lot is 0.22 acres in Chattanooga against 0.28 acres in Knoxville, so Knoxville has more land. Also nearby, Maryville has 409 active listings and a median asking price of $450,000, $50,000 higher than Knoxville's. Per square foot the median asks $232 in Maryville against $234 in Knoxville, so Maryville is lower; the median lot is 0.75 acres in Maryville against 0.28 acres in Knoxville, so Maryville has more land. Every figure is an asking price from the same edition.

For the market as a whole, 12,414 listings are active, and the median asking price is $348,000. Per square foot, the median asks $236. The median home has been listed 80 days. The by-the-numbers page sets out every city, with the charts.

This is edition No. 20, counting from Nov 11 to Nov 12: 107 new listings came on, 159 price cuts were recorded, one price increase was recorded, and 94 listings left the active market.

Why the next Fed decision should not impact your house purchase Freddie Mac put the 30-year fixed average at 7.24% on Oct. 29, and the Fed held 3.75% to 4% on Oct. 28 — HousingWire, Nov 12
What pricing and execution inefficiency really costs mortgage lenders The hidden cost of standing still may exceed the cost of change — HousingWire, Nov 12
Why the 2026 fake foreclosure crisis never happened The New York Fed's Household Debt and Credit Report for Q3 shows how far off the predictions were — HousingWire, Nov 12
Education, not operations, are holding back reverse for purchase deals Panelists at NRMLA Annual detailed ways to get referral partners on board and avoid all-cash transactions — HousingWire, Nov 11
Persistence and NAHB Support Deliver Victory in Michigan Permit Fee Case For more than 15 years, the Home Builders Association of Michigan (HBAM) has been battling the city of Troy, Mich., in court over the city’s shift to a privatized permit fee process. The case was finally decided in HBAM’s favor. — NAHB housing news, Nov 11
Housing demand shows signs of stabilizing. Does your market? New pending listings rose 20% in one Florida metro area, but neighboring cities tell different stories. Here's how to spot the signals that matter in your market. — HousingWire, Nov 11
A Veterans Day reflection for building leaders and the work ahead We highlight two Texas families promised mortgage-free homes and frame affordability progress as an industry leadership test — HousingWire, Nov 11
Widespread U.S. Housing Ballot Wins; Two Key NAHB-Backed Defeats Although housing ballot measures fared well nationwide in the midterm elections, two NAHB-backed initiatives were defeated: one to streamline environmental reviews in California and another to address minimum lot sizes for single-family homes in Massachusetts. — NAHB housing news, Nov 11

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