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In this episode of Defining Home, host Shannon Foster-Boline breaks down the January 2025 East Tennessee housing market update with exclusive insights from East Tennessee Realtors. She covers:
โ Median home price trends โ now at $360,642, how does that compare to 2024 โ Surge in new listings โ up 19.5%, signaling a shift toward a new buyers' market โ Market absorption rate & days on market โ what rising inventory means for home sellers โ Luxury homes vs. mid-range homes โ why $1M+ properties may see price stagnation or declines while affordable homes remain competitive โ Negotiation opportunities โ how buyers, sellers, and investors can leverage current market trends
Shannon also discusses the impact of interest rates, the changing absorption rate (now 54%, down from 84% at its peak), and what this means for Knoxville's real estate future in 2025.
For additional insights on mortgage trends, Shannon recommends checking out the More Than Mortgage podcast by Lisa Wiles and Corey Freels at Fairway Mortgage.
๐ง Tune in now to get expert advice on how to navigate Knoxville's real estate market with confidence!
00:00 โ Introduction to the Defining Home Podcast 00:45 โ January 2025 Housing Market Update 01:39 โ Home Prices and Sales Trends 02:56 โ Market Shifts and Buyer-Seller Dynamics 04:59 โ Impact on Different Price Ranges & Luxury Homes 06:09 โ Opportunities for Buyers, Sellers, and Investors 07:08 โ Final Thoughts & Takeaways
๐ข Enjoying the podcast? Don't forget to subscribe and leave a 5-star review!
๐ Links & Resources Mentioned in This Episode: More Than Mortgage Podcast โ Hosted by Lisa Wiles & Corey Freels Connect with Shannon & Learn More About Knoxville Real Estate
Craving a day trip full of flavor and charm? In this episode, I'm bringing you along as we explore some of the best spots in Maryville and Knoxville โ from irresistible tamales to boutique shopping that feels like stepping into a curated wonderland.
First, we'll stop by Good Golly Tamale โ a Knoxville staple known for its mouthwatering tamales with Southern flair (plus plenty of vegan and vegetarian options!). Then, we'll head to J. Danforth in Maryville, a boutique filled with artisanal goods, locally-made pasta, home dรฉcor, and cozy must-haves. And because no trip is complete without dessert, we'll wrap up at Bradley's Chocolates for sweet and savory treats that are sure to become your next obsession.
Whether you're a local or just love discovering new places, this episode is packed with can't-miss spots that will have you planning your next day trip ASAP!
๐ Follow along on Instagram @shannonfosterboline for videos, behind-the-scenes, and more day-tripping adventures!
In this fun and cozy episode of Defining Home: A Knoxville Area Real Estate Podcast, host Shannon Foster-Boline dives into the top home design trends for 2025. From the fall of all-white kitchens to the rise of biophilic design, Shannon shares her insights on what's making waves nationally and how these trends may (or may not) translate to Knoxville homes.
Whether you're planning a renovation or just love staying in the know about home design, this episode covers everything from the departure of gray laminate floors to the exciting return of warm, organic shapes and natural elements.
๐ In This Episode, You'll Discover:
If you're thinking about remodeling, Shannon offers her perspective on balancing trend-forward updates with timeless design โ and why your home should reflect you.
Remember: Your home is yours to love, no matter the trends. But if you're curious about how certain changes could impact your home's value, Shannon is always a resource.
๐ Subscribe for more design insights, market updates, and all things Knoxville real estate!
In this episode of Defining Home: A Knoxville Area Real Estate Podcast, host Shannon Foster-Boline dives into some exciting news โ Knoxville has been named one of the National Association of Realtors' top 10 housing markets for 2025!
Shannon breaks down what this recognition means for homeowners, buyers, and investors in the area. From rising property values to Knoxville's booming job market and net migration, she highlights why the local real estate market is stronger than ever โ and what it means for you moving forward.
๐ In This Episode, You'll Learn:
If you've been wondering whether now is the right time to buy or sell in Knoxville, this episode has the insights you need to make an informed decision.
Thank you for listening โ until next time, keep defining what home means to you.
๐ Don't forget to subscribe for more Knoxville real estate updates and tips!
In this introductory episode of Defining Home: A Knoxville Area Real Estate Podcast, host Shannon Foster-Boline shares why real estate is such a hot topic at every party she attends โ and why she's turning those conversations into a podcast for you.
Whether you're buying, selling, or just keeping an eye on the market, Shannon will provide timely, relevant insights into Knoxville's real estate scene. From market trends to practical advice for homeownership, Defining Home is here to help you stay informed about your most valuable investment โ your home.
๐ What You'll Learn in This Episode:
Join Shannon as she kicks off this exciting journey into Knoxville's real estate market.
Thank you for tuning in โ until next time, keep defining what home means to you.
๐ Don't forget to subscribe for upcoming episodes!
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