Market News

A collection of 115 posts

Kingsport

Kingsport Approves Quarry Expansion 6-1 — What’s Next for Homes Near Holston Elementary

The Kingsport Board of Mayor and Aldermen approved Martin Marietta’s quarry rezoning on second reading Tuesday night, Aug. 4, in a 6–1 vote. Mayor Paul Montgomery cast the lone no. What’s next for homes near Holston Elementary.

Chattanooga

Chattanooga Planners Keep South Broad Drive-Through Ban — For Now

On Monday, Aug. 10, the Chattanooga-Hamilton County Regional Planning Commission kept the ban on new drive-throughs in South Broad's commercial mixed-use zone. Staff will return next month with a path for former drive-through sites — and City Council takes up Plan Chattanooga on Aug. 25.

Knox County

Knox Planning Commission Recommends a Data Center Freeze Through June 2027

On Aug. 13 the Knoxville-Knox County Planning Commission recommended a data center moratorium through June 30, 2027. Case 8-B-26-OB is a recommendation — Knox County Commission still has the final vote. The City of Knoxville freeze is already live.

Nashville

Metro Council Authorizes Eminent Domain on Zoo Data Center Land — What South Nashville Owners Should Watch

Metro Council voted 27-5 Tuesday night, Aug. 4, to authorize eminent domain on DC Blox land next to the Nashville Zoo. The vote is an option, not a purchase — appraisal first, then a 12-to-18-month clock, with a $37 million figure already on the table.

Sevierville

Sevierville Approves 407 Indoor Water Park Site Plan — What It Means for Traffic, Cabins, and Home Prices

The Sevierville Planning Commission approved a Gateway Boulevard site plan on Aug. 6 for a 175-unit hotel, about 150 timeshare units, and a 74,000-square-foot indoor water park at The 407: Gateway to Adventure. Construction is expected next year; traffic stays a problem until Exit 408.

Market News

22 Chattanooga Townhomes Break Ground as Inventory Jumps 21%

A 22-townhome affordable community broke ground on Shallowford Road on Aug. 13, landing in a Chattanooga market where inventory is up 21.3% year over year.

Market News

Spring Hill Clears Southern Springs Bond; Williamson Prices Hold

Spring Hill's planning commission released a $1.98 million performance bond for Southern Springs Phase 6 and advanced new plats, as Greater Nashville's July data showed a market splitting in two.

Market News

Gray TN Subdivisions Approved as New-Home Prices Rise 3.8%

Washington County's regional planning commission approved two new subdivisions in Gray plus a set of rezonings, as Tri-Cities new-home prices rose and new-home sales fell 17.6%.

Market News

Knox County Home Prices: 4 New Subdivisions Cleared Aug. 13

Four subdivision final plats and a set of North Knox rezonings cleared the Knoxville-Knox County Planning Commission on Aug. 13, adding recorded lots to a market with the most July inventory since 2016.

Market News

Sevierville Data Center Moratorium Advances as Home Prices Hold

Sevierville's Board of Mayor and Aldermen advanced a moratorium on data centers and high-density computing facilities on second reading, alongside sewer and annexation votes.

Market News

Chattanooga Home Prices After Mountain Creek Rezoning Denial

The Chattanooga-Hamilton County Regional Planning Commission denied a rezoning Aug. 10 for a four-story, 56-unit complex for adults 62 and older on Mountain Creek Road.

Market News

Franklin Home Prices as BOMA Advances 4 New Neighborhoods

Franklin's Board of Mayor and Aldermen held public hearings and voted on four proposed developments on second reading Aug. 11, including a 230-unit rezoning and a 41-lot annexation.

Market News

Tri-Cities Home Prices and a 30-Cabin Greene County Resort

The Greene County Regional Planning Commission unanimously approved the concept for Stillhouse Ridge, a 480-acre resort with up to 30 A-frame cabins, on Aug. 11.

Market News

Knoxville Home Prices and the Approved South Waterfront Project

On its fourth attempt, a six-story, age-restricted apartment complex on the former Kerbela Shriners site just south of the Gay Street Bridge won planning approval Aug. 13 by a 7-6 vote.

Market News

Sevierville Home Prices and the 1,200-Unit Red Bank Road Plan

Sevier County has no legal avenue to block the proposed 1,200-unit development on Red Bank Road, the attorney it hired told an emergency services committee Monday.

Market News

Chattanooga Home Prices Slip 3% as Listings Jump 25%

Newly released July 2026 MLS figures show Chattanooga active listings up 24.9% year over year, the median list price down 3.0% to $399,900 and days on market at 65.

Market News

Brentwood Sets Hearing on 76-Acre Crews Annexation

The Brentwood City Commission scheduled a public hearing on a proposed annexation as the 76-acre Crews subdivision moves toward a second and final reading.

Market News

Kingsport Rezoning Would Add 94 Apartments Off I-81

Kingsport's Board of Mayor and Aldermen took up a rezoning of 8.01 acres on Kendrick Creek Road near I-81 that would allow a 94-unit multi-family development.

Market News

Knoxville Home Prices and 20 New Townhomes in Cedar Bluff

Crews are prepping a two-acre site at Dutchtown and Bob Kirby roads in Cedar Bluff for 20 townhomes, per approved Knoxville-Knox County Planning documents.

Market News

Gatlinburg Property Tax Rate Cut to 6.91 Cents in New Budget

Gatlinburg approved the second of three readings of its $136.4 million FY 2026-2027 budget and gave final approval to a new certified property tax rate of 6.91 cents per $100 of assessed value.

Market News

Chattanooga Home Prices and the Aug. 11 City Council Housing Votes

The Chattanooga City Council's Aug. 11 agenda includes a Mercer Street planned unit development amendment and a rezoning for 94 homes at Tyner and Kirkman roads.

Market News

Williamson County Home Prices and Nightly I-65, I-840 Closures

TDOT started nightly lane closures on Interstate 65 and Interstate 840 in Williamson County on Aug. 9, with resurfacing work running through the end of 2026.

Market News

Bristol TN Home Prices and the 445-Home King College Road TIF

The Bristol Tennessee City Council approved a resolution supporting a tax increment financing amendment for a proposed 445-home development off King College Road.

Market News

Knox County Home Prices and the Aug. 13 Newcomb Lane Rezoning Vote

Knoxville-Knox County Planning staff has recommended denial of a Planned Residential rezoning near N. Campbell Station Road, citing road conditions, ahead of the Aug. 13 commission meeting.

Market News

Sevierville Home Prices and the 407 Resort Waterpark Approval

The Sevierville Planning Commission approved a site plan for a hotel, timeshare and indoor waterpark resort on Gateway Boulevard inside The 407: Gateway to Adventure development.