Weekly Market Updates - 10/08/2025

· TikTok’s U.S. future lands in Nashville as     Trump backs Oracle-led deal

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President Donald Trump signed an executive order enabling a group of American investors, led by Oracle, to take control of TikTok’s U.S. operations. Oracle, which is building its global headquarters in Nashville, will oversee the app’s security and algorithm, addressing national security concerns over data sharing with China. The deal, still pending finalization with TikTok’s parent company ByteDance, would transfer control and data oversight to a U.S.-based joint venture. If approved, TikTok’s American operations may be housed at Oracle’s future Nashville campus.

The Tennessean, September 29, 2025

· New businesses booming in Farragut as  population grows

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    Farragut, Tennessee, is experiencing a surge in new businesses as its population grows and shifts westward. Local boutiques like Snooty Patootie and family-owned Paleteria Azteca have opened alongside national chains such as Parlor Doughnuts and Tupelo Honey at the redeveloped Biddle Farms. The area’s transformation from an old Kroger site to a vibrant commercial  hub reflects broader demographic changes. Community leaders cite increased traffic and demand as signs of economic vitality, while new storefronts and a major elementary school project signal continued growth.
    WATE, September 30, 2025

· Consumers remain cautiously optimistic  after summer shopping spree

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    After a sluggish start to the year, U.S. consumer spending surged over the summer, with August marking the third straight month of inflation-adjusted growth. High-income households led the charge, buoyed by rising home and equity values. This rebound has prompted economists to revise GDP forecasts upward, though inflation remains above the Federal Reserve’s target. Goods spending outpaced services, and tariff concerns may be  driving early purchases. Despite strong spending, weakening job market trends and potential government workforce cuts could dampen future momentum.
    (CoStar Economy, October 2025)

· Wilson County Housing Market – October  Update:

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    As of early October 2025, home prices in Wilson County are showing signs of steadying after a slower end to summer. The median sale price reached $511,595, reflecting a slight increase of 0.08%  compared to the previous month, while the average sale price also inched up to $551,975. This subtle upward movement suggests that buyer activity remains solid even as the market transitions into fall. For sellers, it may indicate an opportunity to price confidently, while buyers could see more balanced conditions compared to earlier in the year.

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