U.S. Housing Market on Track for Best Year Since 2006

Housing Recovery

 

According to a recent article by Realtor.com, the U.S. housing market is currently on track for its best year since 2006, prior to the Great Recession of 2008. There are a myriad of factors of this recent optimism, and some of these factors will be mentioned here. First, recent job growth nationally has fueled the current housing market nationally, with more than 3 million new jobs created on the national level in the last 12 months alone, with 1 million of those new jobs taking place among 25-34 year olds, which the age in which most people begin looking to buy their first home. There also has been a record amount of Internet traffic at Realtor.com, with their site seeing twice the amount of web traffic of other sites, which have seen an average of 15% year-over-year traffic on their websites, as well. Also, with greater demand, there have been higher sales nationally, as well, with the median age of inventory being 66 days on the market this year, which is 8 days faster than last year, with some areas going even faster than the median age of inventory for this year. Finally, higher home prices nationally are starting to moderate somewhat, allowing for greater potential affordability in the market as a whole. These trends, and many more, on the national level show a real estate market that showing growth, and will likely continue to do so for the foreseeable future. Good and encouraging information here, and definitely worth a read today, to both potential buyers and sellers alike!

 

 

With such encouraging trends like these nationally, as well as still-historically low interest rates, now is a great time to see what the Great Smoky Mountains can do for you today. Please feel free to browse our Featured Properties, and learn how The Jason White Team can help you realize your home ownership dreams today!

 

 

Our Featured Properties for Thursday, June 11, 2015:

 

 

JUST REDUCED!

A (2)Luxurious, Beautifully-Decorated 4 BD/4 BA Log Home Located in Chalet Village. Current rental income and reservations are over $41K as of this year alone; has great rental potential. Has amazing views of Mt. LeConte & the Smokies, Large Living Rm, Combination Gourmet Kitchen & Dining Rm, 2 Master Suites, 2-car attached garage, & much more. Has easy access to city-maintained roads & services, & only mins. to dwtn. Gatlinburg, Ober Gatlinburg, & Nat’l Park. Come see it today! Type: Single-Family Home Location: Gatlinburg, TN Price: $529,900  For more information >

 

 

 

 

FEATURED PROPERTY!

ABeautiful, Massive, & Spacious, 5 BD/5 BA Home Located in New Center. Ideal as a permanent or 2nd home; also has potential as an ideal equestrian property, complete w/ paddocks, stables, & more. This beautiful property offers many opportunities, including equestrian uses, set in an ideal private, country setting. Home includes a Large Living Rm, Kitchen, Dining Area, & lots of space inside, as well as a massive multi-car garage on the outside. Only mins. to dwtn. Sevierville, Pigeon Forge, & the attractions. A great home & location – come see it today! Type: Single-Family Home Location: Sevierville, TN Price: $499,900 For more information >

 

 

 

FEATURED PROPERTY!

4Pristine, 5 BD/5 BA, Mountain Estate w/Majestic Mtn. Views & Close to Gatlinburg. An Amazing property, w/unlimited potential as a residence, rental, or retreat center. Very spacious, & borders the Nat’l Park, creating your own 530,000 acre backyard. Only a 3 mile walk on a natural trail leading from this property to dwtn. Gatlinburg, & just mins. to Ober Gatlinburg. You’ll never find another unique property like this one – come see it before it’s too late! Type: Single-Family Home Location: Gatlinburg, TN Price: $497,000  For more information >

 

 

 

 

 

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The Jason White Team
Century 21 Four Seasons Realty, Inc.
1441 Wiley Oakley Drive
Gatlinburg, TN 37738
Toll Free: (877) 678-2121
Fax: (865) 436-7227
E-mail Address: jason@jasonwhiteteam.com
Website: http://gatlinburgrealestateforsale.com

 

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