- Skender-Newton Realty
- Posts
- 📉Act Now: New Low Rates, Big Opportunities Ahead!
📉Act Now: New Low Rates, Big Opportunities Ahead!
Lower rates mean it’s a great time to buy! Check out this just listed lakefront home, explore properties with price drops up to $20K, and don’t miss these upcoming local events happening in your area.
Heather Skender-Newton
September 29, 2025
In this newsletter, you’ll find:
Your Local Market Update 📊
Beautiful Lake Home Just Listed! 🌊
Finally, Affordable Homes Are Here!
Just Dropped $20K 💸
Can’t Miss Local Events!
Let’s dive in! 👇
“It always seems impossible until it is done.”
— Nelson Mandela
PUTNAM COUNTYActive Listings: 412📈 Slight Seller’s Advantage | WHITE COUNTYActive Listings: 215📉 Seller’s Advantage |
OVERTON COUNTYActive Listings: 107📉 Buyer’s Advantage | CUMBERLAND COUNTYActive Listings: 517📈 Slight Buyer’s Advantage |
SMITH COUNTYActive Listings: 111📈 Buyer’s Advantage | KNOX COUNTYActive Listings: 2,069📉 Buyer’s Advantage |
BLOUNT COUNTYActive Listings: 740📈 Balanced Market | LOUDON COUNTYActive Listings: 651📈 Buyer’s Advantage |
Meet Corey, our passionate and knowledgeable in-house mortgage officer. He’s here for all of your mortgage questions!
Welcome to your dream lakefront retreat on beautiful Lake Tansi!
Nestled on a full acre of pristine waterfront property, this immaculate 3-bedroom, 2.5-bath home refined living space, seamlessly blending elegance, comfort, and breathtaking natural beauty. Step inside to soaring ceilings, gleaming floors, and panoramic lake views. The kitchen is a showstopper—perfect for entertaining family and friends. Enjoy peaceful mornings on your private dock, afternoons kayaking or boating, and evenings on the expansive deck watching stunning sunset views over the water. The primary suite is on the main level features a spa-style ensuite bath and walk-in closet. Two additional spacious bedrooms and a bonus room offer flexibility for guests, office space, or hobbies. Outside, mature landscaping, a detached garage/workshop (ideal for lake toys or storage), and a well-maintained lawn complete this property. Minutes from Lake Tansi amenities including golf, tennis, pool, and clubhouse.
Are you in search of a property in Middle or East Tennessee with over 5 acres of land or a budget of under $400k? Look no further! We have meticulously curated lists that are updated daily, making the process of finding your dream home even easier.
UNRESTRICTED LAND | HOMES WITH OVER 5 ACRES |
HOMES UNDER $400k | HOMES UNDER $650K |
Good News for Fall Homebuyers: Affordability Is Improving
Over the past couple of years, many buyers have hit pause on their home search. With rising home prices and mortgage rates, the numbers just didn’t seem to add up. But this fall, the housing market is showing signs of becoming a little more buyer-friendly—and that’s worth celebrating.
According to the latest Redfin data, the typical monthly mortgage payment has dropped by about $290 compared to just a few months ago. That’s a meaningful shift, and it comes down to three important factors finally moving in a better direction:
1. Mortgage Rates Are Easing
Rates that hovered around 7% earlier this year are now closer to 6.3%. While that might not sound dramatic, it makes a real difference. On a $400,000 mortgage, that shift alone could mean paying nearly $190 less each month.
2. Home Price Growth Has Slowed
After years of steep increases, home prices are growing at a much slower pace. In fact, some areas are even seeing slight price dips, which means buyers may have more opportunities to find homes within their budgets.
3. Wages Are Rising Faster Than Prices
With annual wage growth around 4%, paychecks are starting to outpace home price growth. That’s giving buyers a little more breathing room when it comes to affordability.
What This Means for You
Buying a home is still a big financial commitment, but the landscape is shifting in your favor. With lower mortgage rates, slower price growth, and stronger wages, your homebuying goals may finally feel within reach again.
If you’ve been waiting for a better time to take the leap, this fall could be the moment to re-run the numbers.
Meet Corey, our passionate and knowledgeable in-house mortgage officer. He’s here for all of your mortgage questions!
Here are properties that have recently dropped in price in Tennessee. We update this list DAILY to keep you informed.
Upcoming Upper Cumberland Events!
Upcoming East Tennessee Events!
Kerbela Shriners Circus - Oct 3rd - Oct 5th, 5 PM
Maker Market & Fall Porch Sale - Saturday, October 11th, 10 AM - 3 PM
Boo-zy Book Fair - Saturday, October 11th, 12 PM- 7 PM
