Automated weekly breakdowns on NAR policy shifts, housing market metrics, and regulatory updates for real estate students and professionals.
Rates, East Tennessee numbers and what they mean for your deals.
Freddie Mac's October 22 release shows the 30-year fixed average down to 7.32% from 7.40%, the first weekly drop since August; the 15-year average eased to 6.68%. These are national averages, not an individual borrower's rate quote.
Source: Freddie Mac PMMS, Oct 22, 2026September active listings reached 3,749, up 6.3% year over year. The median asking price was $447,000, down 0.7%; 25.4% of listings had price reductions. Listing prices are not closed-sale prices.
Source: Realtor.com, Sept data · published Oct 2, 2026East Tennessee REALTORS' September Market Pulse reports an August median single-family sale price of $371,375, essentially flat compared with the prior two years. This regional August sales measure differs from Knoxville's September asking-price figures.
Source: East Tennessee REALTORS, August data · published Sept 30, 2026Figures are published averages from the sources shown, not a rate quote or appraisal. Individual results vary.