06/10/2026
etnrealtors.com.
Buyers edge back into the market
National pending home sales were up 1.4% month-over-month in April, following two months of small increases. This represents a 3.2% increase over the same time last year.
Despite economic headwinds, foreign policy concerns and rising inflation, buyers are coming back to the market. Experts say that as lending rates and prices stay largely steady, buyers are beginning to see that waiting for a big drop is not the best strategy.
“Buyers are coming out with cautious optimism despite increasing economic uncertainty and a slight rise in mortgage rates."
- Dr. Lawrence Yun, Chief Economist for the National Association of REALTORS®
Founded in 1912, the East Tennessee REALTORS® has served the real estate interests of our members and the public for over 100 years.