As we head towards 2016 and the coming New Year, there are five real estate trends to watch for on a national level, as we approach the new year, according to a recent article on Realtor.com. The first trend is that coming off this year (2015), which saw the best year in housing nationwide since 2007, the housing market is expected to return to a more normal type of market, with healthy growth in sales and home prices, leading to a more balanced market nationally in both categories. Second, younger generations have now entered the real estate market as of this year, and are projected to continue getting into the market as potential buyers and sellers in 2016, as well, with improving economic conditions nationally. Third, home builders will focusing more on affordable home points, in order to capitalize on the potential growth in new home sales and single-family construction expected in 2016. Fourth, rising mortgage rates, which have been expected for some time, will affect higher cost markets the most initially, but is largely expected to balance itself out on the whole. Finally, it is expected that it will be better to buy, rather than rent, a home in the coming year, as well. Very interesting trends nationally, to be sure, and we will have to wait and see what it could all mean in the New Year for both the local and national housing markets.
With mortgage rates still at historically low levels nationwide, now is a great time to see what the Great Smoky Mountains can do for you and your home ownership dreams today. Please feel free to browse our many great 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, December 17, 2015:
Private, Cozy, 3 BD/2 BA Cottage-Style Home Located in Chalet Village, & Only Mins. to Dwtn. Gatlinburg. Ideal as a permanent or 2nd home, or as an overnight rental. Very well-built & maintained home, both inside & out. Includes an outside, covered wraparound deck, along w/a Large Living Rm, Master BD w/Adj. Master BA, two BD’s upstairs (one currently used as a Rec Rm), lots of extra storage & closet space, & more. Only mins. to dwtn. Gatlinburg, the Nat’l Park, & the attractions. A great, privately located home w/lots of potential – come see it today! Type: Single-Family Home Location: Gatlinburg, TN Price: $136,900 For more information >
Private, 2 BD/2 BA, Contemporary-Style Chalet Located Only Mins. to Dwtn. Gatlinburg. Has made over $21K in rental income in each of the last 2 years alone; has great rental potential. Home includes a Living Rm w/high, vaulted ceilings & a Beautiful Mtn. Stone F/P, along with each BD being a Suite-style BD w/Private BA, an outdoor Gazebo area w/a Hot Tub, a spacious deck area to enjoy the views of the Smokies, & much more. Only mins. to dwtn. Gatlinburg, the Nat’l Park, & the attractions. A great, private home & location – come see it today! Type: Single-Family Home Location: Gatlinburg, TN Price: $189,900 For more information >
Uniquely-Designed, Cozy, 3 BD/2 BA Chalet Located in Chalet Village. Ideal as a permanent or 2nd home, or as an overnight rental. This uniquely-built home includes a Living Rm, Open Kitchen, an upstairs Loft w/Master BD & BA, a lower level Family Rm, & more, along w/being set in a scenic wooded setting. Only mins. to dwtn. Gatlinburg, Pigeon Forge, & the attractions; a great location & value – come see it today! Type: Single-Family Home Location: Gatlinburg, TN Price: $149,900 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: firstname.lastname@example.org