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The Busi Gazette

East Tennessee Edition

Saturday edition · Nov 7, 2026 · 6:00 AM EST
Next edition in 1 day · daily by email

Why didn’t the strong jobs report send mortgage rates skyrocketing?

Payrolls rose 165,000, construction softened slightly and residential construction employment remained a key cycle indicator

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

In Knoxville the Gazette counts 19 active listings; the median asking price there is $299,000, and 177 days listed. No cuts to the asking price and no increases were recorded in Knoxville this edition. The Knoxville page lists every home there.

Beside it, Maryville has 5 active listings and a median asking price of $499,900, $200,900 higher than Knoxville's. The median lot is 1.15 acres in Maryville against 2.31 acres in Knoxville, so Knoxville has more land. Also nearby, Clinton has 3 active listings and a median asking price of $375,000, $76,000 higher than Knoxville's. The median lot is 4.61 acres in Clinton against 2.31 acres in Knoxville, so Clinton has more land. Every figure is an asking price from the same edition.

For the market as a whole, 134 listings are active, and the median asking price is $284,900. Per square foot, the median asks $30. The median home has been listed 134 days. The by-the-numbers page sets out every city, with the charts.

This is edition No. 15, counting from Nov 6 to Nov 7: one new listing came on, no price cuts were recorded, one price increase was recorded, and two listings left the active market.

Why didn’t the strong jobs report send mortgage rates skyrocketing? Payrolls rose 165,000, construction softened slightly and residential construction employment remained a key cycle indicator — HousingWire, Nov 6
Opendoor says it’s behind schedule but plans to catch up by 2027 Adjusted net loss totaled $66 million, revenue rose 12% to $1.022 billion, and inventory increased to 7,596 homes — HousingWire, Nov 6
Progress Residential to pay $49.8M to settle FTC, state claims over rental practices Settlement with the FTC and four states requires clearer pricing disclosures — HousingWire, Nov 6
How a new Pulte Florida agrihood makes conservation a buyer desire PulteGroup recently grand-opened The Grow, an "agrihood" community centered around a 9-acre working farm — HousingWire, Nov 6
Massachusetts AG issues rule on shared appreciation mortgages, NCLC calls for broader protections NCLC welcomed SAM safeguards but warned that similar risks persist in home equity investments, which are not directly covered by the rule — HousingWire, Nov 6
Elizabeth Warren expected to lead Senate banking committee in January Democrats’ midterm wins set up a leadership change that may reshape oversight and CFPB policy — HousingWire, Nov 6
NAR President Kevin Brown warns of outside forces threatening real estate marketplace Brown compared current marketplace pressures to forces that preceded the 2008 housing crisis — HousingWire, Nov 6
NAHB Monthly Update: What the Midterms Mean for Housing NAHB’s Monthly Update equips members and HBA staff with timely talking points on the Federation’s top housing priorities. This month’s update covers the post-election outlook for housing, progress on permitting reform and NAHB’s response to the latest WOTUS proposal. — NAHB housing news, Nov 6

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