Throughout 2015, there have been some very encouraging signs that the national real estate market continues improving, especially in terms of higher home prices. In addition, there are some additional national trends that show a continued recovery in the national real estate market, as well, and point to a positive outlook through the rest of 2015, and perhaps beyond. Recently, new data from Zillow shows that the share of underwater mortgage holders, who are those that more owe more than their homes are worth, has now dropped by more than half since peaking in early 2012, showing that only 14.4% of homeowners with a mortgage have negative equity as of the second quarter of 2015, as opposed to being at 31.4% in the first quarter of 2012. Along with this recent news, U.S. real estate was recently ranked #1 in the world by the influential Savills World Residential Investability Report, spurred on recent general economic growth and market recovery potential in the nation, as a whole. Lastly, new home sales in August 2015 surged by 5.7%, showing the strongest pace of growth in this category since February 2008. Very encouraging signs for the national real estate market, to be sure, and could bode well for the remainder of 2015.
With these encouraging national real estate trends, along with still historically-low interest rates, now is a great time to see what the Great Smoky Mountains can do for you and your home ownership needs. Please feel free to browse our Featured Properties, and learn more about how The Jason White Team can help you realize your home ownership dreams today!
Our Featured Properties for Thursday, September 24, 2015:
Private, 3 BD/4 BA Log Cabin, Located at the Very Top of Gatlinburg w/Incredible Views. Has made $28K annually in rental income in each of the last 2 yrs, & on track to do so again this yr – has great rental potential. This home sits right along the Nat’l Park boundary, w/one-of-a-kind views of the Smokies & surrounding areas. Home incl. a lower level Priv. Master Suite w/Priv. BA w/W/P, along w/a spacious Main Level, w/a new Kitchen, Living Rm w/Massive Mtn. Stone F/P, 2 BD’s, & 2 BA’s, & a Loft area. Only mins. to dwtn. Gatlinburg & the many local attractions. A true piece of paradise in the Smokies – come see it today! Type: Single-Family Home Location: Gatlinburg, TN Price: $399,900 For more information >
Beautiful, Private, 4 BD/3 BA, 2 Acre, Multi-Family Duplex Located Only Mins. to Gatlinburg. Ideal as a permanent or 2nd home, overnight rental, or as a multi-family duplex – has great rental potential. Majestic views of the Smokies; both levels of this home can be rented separately. Upper level incl. a Large Living Rm, full Kitchen, 2 BD’s, 2 BA’s, and upper deck area to view the Smokies, & lower level also has 2 BD’s, Living Rm, & Kitchen, as well. Only mins. to dwtn. Gatlinburg, the Nat’l Park, & the attractions. A great home & location – come see it today! Type: Multi-Family/Single-Family Home Location: Gatlinburg, TN Price: $398,000 For more information >
Pristine, 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: $419,000 For more information >
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: email@example.com