Lee Shane, Realtor

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Knoxville, TN
Lee Shane, Realtor

Reat Estate Professionaal serving the Great Smoky Mountains and surrounding areas

09/27/2026

Home Warranties: Smart Ways to Protect Your Appliances
As your dedicated Real Estate Advocate, I’m always looking out for the details that make a difference in your home journey—especially when it comes to things like home warranties and today’s smart appliances. While smart features bring a new level of convenience, they can also introduce unexpected challenges. Many home warranty plans don’t cover Wi-Fi connectivity or software issues, and repairs for these smart systems often come at a premium. If you’re considering a property with smart appliances, it’s important to review your coverage closely and explore add-ons that can protect these features. My goal is to ensure you’re always well-informed and equipped to negotiate with confidence—no surprises along the way.

https://www.housing-trends.com/agent-news/lee-shane/1952402-Home-Warranties%3A-Smart-Ways-to-Protect-Your-Appliances

09/26/2026

Why Exterior Upgrades are a Smart Investment for Homeowners
As your Real Estate Advocate, I always aim to keep you informed about the smartest ways to add value to your home. Exterior upgrades—such as new garage doors, stone veneer, updated front doors, refreshed siding, and thoughtfully designed outdoor living spaces—aren’t just about style. These improvements can significantly boost curb appeal, energy efficiency, and even security, while offering impressive returns on investment, sometimes exceeding 200%. My commitment is to ensure you have the knowledge and resources to make sound decisions, whether you’re preparing to sell or simply want to enhance your living space.

https://www.housing-trends.com/agent-news/lee-shane/1975797-Why-Exterior-Upgrades-are-a-Smart-Investment-for-Homeowners

09/25/2026

The New Flat Rate releases latest average Tennessee home repair costs
Staying informed on the latest home repair costs is a crucial part of being prepared as a homeowner, whether you're buying or selling. The New Flat Rate’s recent report shares some important numbers for Tennessee: air conditioning repairs are averaging $521, duct cleaning comes in at $1,863, water heater repairs cost about $695, electric water heater installation is $2,363, and upgrading your electrical panel averages $3,105. Knowing these figures in advance can help you approach negotiations with confidence and clarity. My commitment is to keep you equipped with timely information and strategic insight, so you can make smart decisions and protect your investment every step of the way.

https://www.housing-trends.com/agent-news/lee-shane/1950393-The-New-Flat-Rate-releases-latest-average-Tennessee-home-rep

09/24/2026

The Next Building Boom Could Reset Housing
For years, we've heard that housing follows a cycle—but in reality, it's the persistent shortage of available homes that's driven property values higher across the US. As your Real Estate Advocate, I keep a close eye on these trends so my clients are always a step ahead. If the next building boom truly takes off, it could be the reset that brings new opportunities for buyers and sellers alike. My commitment is to use every resource—technology, collaboration, and marketing—to ensure you’re informed and ready to navigate what’s next in this ever-evolving market.

09/23/2026

What Smaller U.S. Homes Could Mean for Buyers
It’s no secret that the landscape of new homes in the U.S. is changing. Over the last decade, we’ve seen the average size of new single-family homes sold drop from 2,700 to 2,400 square feet, even as the price per square foot climbed by around 72%. By 2025, about one in four new single-family homes sold will be under 1,800 square feet—an increase from roughly one in six ten years ago. Larger homes (3,000 sq ft or more) have become less common, now making up about one in five new builds, compared to one in three a decade prior. Builders are leaning on smaller designs to balance out the rising costs of land, labor, and materials, which helps keep homes somewhat attainable, especially with mortgage rates hovering near 6-7%. For first-time or budget-focused buyers, these smaller homes can make for more manageable down payments and monthly expenses—though it’s important to note that the price per square foot is still high. As your Real Estate Advocate, I’m committed to keeping you informed and equipped with the insights you need to make the best move in a shifting market.

09/22/2026

More Homes Available: Opportunities Grow for Buyers
As your Real Estate Advocate, I closely track the latest housing trends to keep you well equipped for any move. Right now, new home listings have ticked up by 0.4%, reaching their highest point since April, with total homes for sale up 0.5%, the most since May. However, pending sales dipped 1.1%—a six-month low—largely due to ongoing high costs and mortgage rates hovering near 6.65%. My goal is to ensure you have every advantage in this changing landscape, using top-tier technology and a collaborative approach so you’re positioned to make the smartest decisions, whether buying or selling.

09/21/2026

U.S. Starter Buyers Gain Leverage
There’s a noticeable shift in the U.S. starter-home market—entry-level buyers are finally seeing more balance. If you’re considering a first home, you’ll find a wider range of options, fewer bidding wars, and increased negotiating power compared to the rush of recent years. This means you can often request seller credits, help with closing costs, rate buydowns, post-inspection repairs, longer inspection periods, and sometimes even get appliances or furnishings included. While homes that are well-priced and in top shape still sell quickly, listings that linger or need work now present greater opportunities for negotiation on price and concessions. Of course, affordability is still a challenge, with average 30-year mortgage rates near 7% in both mid and late Q3 2026. For those who are financially ready, this is a moment with less frenzy—just be sure your savings, credit, and monthly budget line up so that homeownership remains a solid financial move. As your Real Estate Advocate, my commitment is to ensure you’re well equipped and in the strongest possible negotiating position as you take this step.

09/20/2026

Cities with the most expensive homes in Tennessee
When it comes to Tennessee real estate, luxury living is truly centered around the Nashville metro area—Brentwood currently tops the list with homes averaging $1.4M. College Grove, Arrington, and Lookout Mountain are not far behind, reflecting a growing demand for premium properties. In some of these areas, home values have surged by over 40%, while mortgage rates hover around 6.67%. My commitment as your Real Estate Advocate is to keep you informed and empowered, so whether you're buying or selling, you’ll always have the knowledge and negotiating edge you need in these competitive markets.

https://www.housing-trends.com/agent-news/lee-shane/1934194-Cities-with-the-most-expensive-homes-in-Tennessee

09/19/2026

New listings hit a four-year high
There’s a notable shift happening: new listings in the US housing market have climbed by 8%, reaching their highest point since August 2022. While active listings are approaching balanced territory, pending sales have dipped to a low. With mortgage rates holding at 6.66%, affordability remains a challenge—even with a 2.2% rise in median prices. My commitment as your Real Estate Advocate is to keep you informed and well-prepared, leveraging the latest technology and collaborative expertise so you can navigate these moving market dynamics from the strongest possible position, whether you’re buying or selling.

https://www.housing-trends.com/agent-news/lee-shane/1967133-New-listings-hit-a-four-year-high

09/18/2026

After speaking with several realtors in my area I chose Lee Shane for his honesty his hard work and...
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Address

Knoxville, TN
37743

Telephone

+18657220411

Website

https://www.Leeshanerealtor.com/

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