Update: Total Solar Eclipse 2017

 

Everything you need to know:
Solar Eclipse Broadcast from our very own, Clingman’s Dome:

The National Park Service in collaboration with NASA, the National Institute of
Aerospace, and Southwest Community College is hosting a staged event to celebrate the 2017 total solar eclipse as it passes over Clingmans Dome in the Great Smoky Mountains National Park. The 4-hour broadcast will explain the science and physics of the eclipse, offer musical sounds of Southern Appalachia, and help viewers create their own stories about this once in a lifetime experience. Join NASA 360 on August 21 as we witness the ecliptic shadow across this majestic landscape from one of the highest points on the east coast.
For more information visit: http://eclipse2017.nasa.gov

ECLIPSE Who? What? When? Where? and How?
Follow the link below to get all of the scoop!
https://eclipse2017.nasa.gov/eclipse-who-what-where-when-and-how

This website is a great one for an interactive map:
https://eclipse2017.nasa.gov/sites/default/files/interactive_map/index.html
Use the zoom feature on the bottom right then click on any spot and a pop up will give you details of duration for that spot.

Don’t have the protective glasses?  All sold out?  How anyone can enjoy the eclipse, simply:

This website has great ideas and instructions on how to make a pinhole box, how to simply use just your hand in a fist (with a tiny hole for light) for a pinhole projector, and how to use binoculars flipped around also projecting the eclipse onto paper or flat surface:
http://www.businessinsider.com/solar-eclipse-pinhole-camera-viewer-instructions-2017-8

When is the next Total Solar Eclipse in the U.S. and where?
The next total solar eclipse will take place on April 8, 2024, and will cross through 13 states (Texas, Oklahoma, Arkansas, Missouri, Illinois, Kentucky, Indiana, Ohio, Pennsylvania, New York, Vermont, New Hampshire and Maine), according to EarthSky.org.

Featured Properties:

New Construction:

2 BD/2.5 BA, 1,400+ sq ft log cabin, currently under construction, located on a relatively level lot that is 1/2+ acre in size, &  just mere mins. to dwtn. Gatlinburg. Ideal as a permanent or 2nd home, or as an overnight rental – has enormous rental potential.   More info

Price Reduction:

1321 N. Baden Circle   Gatlinburg, TN 37738        $159,900     ID#: 209328
Private, cozy, well-located, 2 BD/1.5 BA, log cabin, only minutes from dwtn. Gatlinburg, Ober Gatlinburg Ski Resort. Ideal as a permanent or 2nd home, or as an overnight rental.  This rustic-style log cabin is all on one level in a beautiful wooded setting.   More info

Total Eclipse in the Smokies

Total Eclipse of the Sun in the Smokies!

On August 21, 2017 the western half of Great Smoky Mountains National Park will lie within the path of totality during the first total solar eclipse observed from the continental United States in 38 years. Totality within the park will range from 30 seconds to almost 2 1/2 minutes at some locations.

Planning for the eclipse:

August is typically a busy time of year in the park. The solar eclipse will bring even more visitors to the area, so expect traffic delays, congested parking lots, and the possibility of road closures. Please note that eclipse viewers may need to make special plans to avoid viewing the astronomical event while caught in traffic. Visit the main park web page for alerts and current information.

Where can I see the eclipse in the Smokies?

The entire western half of Great Smoky Mountains National Park will fall under the path of totality for the eclipse, providing opportunities for viewing, weather permitting. The park is currently planning organized public viewing events at three locations in the park: Clingmans Dome; Cades Cove; and Oconaluftee. Visit the Great Smoky Mountains Association page to buy an Eclipse Regional Map.
Clingmans Dome: Clingmans Dome Trailhead parking area will be converted to a special ticketed event site for experiencing the eclipse with the assistance of experts, educational exhibits, and story tellers. The Clingmans Dome tower will be limited to MEDIA ACCESS ONLY, but there are many opportunities for viewing from the parking area and along the 0.5 mile trail to the tower. Tickets for the Clingmans Dome event are sold out. Any cancelled tickets will become available to the public again, so visit recreation.gov regularly to watch for cancellations. You must have a ticket to attend the event at Clingmans Dome. NASA will be streaming live from Clingmans Dome and other locations around the country. Watch the NASA Livestream on August 21. Clingmans Dome Road will be closed on Sunday, August 20th and Monday, August 21st to accommodate the special event. Call 865-436-1585 with questions about the event.
Cades Cove and Oconaluftee: The park is currently planning to host informal staff- guided eclipse viewing sites at Cable Mill (Cades Cove) and Oconaluftee Visitor Center. There will be no charge to participate. Vehicle access to these sites, though, may be closed when parking becomes full or roads become congested.

 

Market Report Sevier County

Let’s take a look at the real estate market. Currently there are 219 sales pending in the market overall, leaving 743 listings still for sale. The resulting pending ratio is 22.8% (219 divided by 962).

The pending ratio indicates the supply & demand of the market. Specifically,  a high ratio means that listings are in demand and quickly going to contract. Alternatively, a low ratio means there are not enough qualified buyers for the existing supply.  Current inventory is described as “mildly active.”

The $150K – $200K price range has a relatively large number of contracts pending sale.

The $200K – $250K price range has a relatively large inventory of properties for sale at 142 listings. The average list price (or asking price) for all properties in this market is $334,531.

A total of 780 contracts have closed in the last 6 months with an average sold price of $232,350.

Breaking it down,  the $150K – $200K price range contains the highest number of sold listings.

 

 

Alternatively, a total of 189 listings have failed to sell in that same period of time. Listings may fail to sell for many reasons such as being  priced too high, having been inadequately marketed, the property was in poor condition, or perhaps the owner had second thoughts about selling at this particular time. The $200K – $250K price range has the highest number of off-market listings at 37 properties.

Featured Properties:

$214,900   ID#: 211383

Spacious, well-located, 3 BD/2 BA contemporary-style mountain chalet, complete w/an attached 2-car carport, fenced back yard, seasonal view, and located only mins. to dwtn. Gatlinburg.  Ideal as a permanent or 2nd home, or even as an overnight rental; currently used as a long-term tenant-rental.  More information

 

426 Trentham Lane   Gatlinburg, TN 37738

$399,900  ID#: 211292

Prime commercial property in the heart of downtown Gatlinburg. Walking distance to shopping, restaurants, attractions, national park, and trolley stop. A corner parcel with access from two streets. Level lot. Current site plan from Trotter and Associates includes 30 Efficiency units, 15 One bedroom units, and 9 two bedroom units with a total 54 units and 66 parking spaces. This would make an excellent hotel, apartment or condo location. Public water, gas and sewer. Over 233 ft of road frontage.  More information

Smoky Mountain Song Writers Festival

Smoky Mountains Songwriters Festival

Celebrating the area’s Appalachian musical roots, Gatlinburg will host its annual

Smoky Mountains Songwriters Festival
August 16 through 20.

 “Celebrating Our Appalachian Musical Roots” 4-day festival downtown Gatlinburg featuring hit songwriters. Public Invited. Free Live Entertainment. Songwriter Opportunities: song competition, workshops, co-writing with hit writers, mentoring sessions and stage spots.  There are several ticketed events for featured chart-topping songwriters.

The SMSWF Mission is to promote songwriters and to help their talents and songs be discovered not only by publishers and producers, but also by all of us fans, who simply love the songs that the stars perform.    Visit the SMSWF facebook page here.

Come join the fun!

Featured Listings:

936 Stans Road  Gatlinburg, TN 37738
$259,900  ID# 210699

Well-located, 2 BD/2 BA, 1,500+ sq ft mountain chalet with amazing mountain and city views, close to Ober Ski Resort, the Smokies and more.  Currently on a well-established rental program.   See more

1224 Sky High Way Gatlinburg, TN 37738
$259,900  ID# 210698
2 BD/2BA, 1,300+ sq ft mountain chalet, complete with incredible views of Mt. LeConte, downtown Gatlinburg, and Ober Ski Resort. Currently on a well-managed rental program. See more

Home prices continue to rise- what is the good news for buyers?

Mortgage Rates Remain Low

According to the National Association of Realtors, the median existing home price climbed to $252,800 in May, the exceeding the peak hit in June 2016 of $247,600.

Home prices have been rising every month for more than five years.

Cities across the U.S. are facing major housing shortages, which means buyers have to compete for homes with bidding wars and offers well above asking price.

“Prices are moving up and properties are moving quickly,” said Danielle Hale, NAR’s managing director of housing research.

Builders aren’t building enough houses to keep up with demand and current homeowners are hesitant to list their properties because they’re worried they won’t be able to buy a new home.

But there has been one saving grace for buyers: mortgage rates, says CNN Money.

Even though the Federal Reserve has begun raising interest rates, mortgages have been hovering below 4% recently. Last week, the average rate of a 30-year fixed mortgage ticked down to 3.90%.

With the Fed raising rates, interest rates are expected to gradually rise over time, but should stay pretty low for the foreseeable future.

 

Our Featured Properties:

1011 Worsham Way, Gatlinburg, TN 37738

$1,825,000    ID#: 211111

Rustic Elegance describes this quality-built, private, spacious, 5BD/5BA, 2-half BA, 5,400+ sq ft mountain chalet with historic features incorporated from family’s VA farm. Amazing views of the Smokies with Mt. LeConte front and center! Ideal as a permanent or 2nd home, or as an overnight rental – tremendous rental potential in a beautiful, wooded location on just over an acre of private land.  Learn More

 

5055 Riversong Way, Sevierville, TN 37876

$1,250,000   ID#: 204617

Spectacular, private, gated estate in the heart of Pittman Center on over 5 acres offering spectacular river, forest and mountain views. Features such as the 2 car detached garage with guesthouse, 2 car porte-cochere, level parking, 6 bedrooms, 5.5 baths, loft, game/theatre room insures there are plenty of spaces for friends and family.  Learn More

Who has a parade at midnight?

Gatlinburg!  That’s Who!

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The First Independence Day Parade in the Nation!

Saluting the valiant men and women of our military services, the 42nd Annual Gatlinburg Fourth of July Midnight Parade steps off at 12:01 a.m. on Tuesday, July 4, 2017 to the cheers of close to 80,000 spectators. For more than 40 years, the parade has honored our nation’s Military Veterans and other U.S. Military Heroes with this classic, small town American parade.

The First Independence Day Parade in the Nation has garnered national attention and award recognition for excellence in entertainment.The parade has been named by National Geographic Traveler Magazine as a “Top Ten Parade to see in the US”.

Gatlinburg’s Fourth of July celebrations will come to a close at 10:00 p.m. when visitors will enjoy the spectacular 20-minute fireworks display in the heart of downtown, with the best viewing areas around traffic lights #3 and #5. The 100th Army Band will play prior to the fireworks in a free concert at 8:30 p.m. and then again following the fireworks at 10:20 p.m. on Ripley’s Aquarium Plaza.

In addition to the Fourth of July events, the streets of Gatlinburg are filled with Appalachian music from Smoky Mountain Tunes and Tales every night through July 29.  The City offers free Parkway Trolley service, spanning the full length of the Parkway, daily through August 12 from 10 a.m. to 10 p.m.

Image result for midnight parade gatlinburg tennessee

Come Join Us in the Celebration!

Featured Property: 

1005 Ski View Lane  Sevierville TN 37876       $169,900       ID#: 210533

Private, cozy, 1 BD/2 BA log cabin, located only mins. to dwtn. Gatlinburg,  in the well-established Sky Harbor subdivision. Currently on a well-established rental program, & has tremendous rental potential in an ideal, private, & beautifully wooded location. On the outside, this property includes a private side yard, small picnic area, a partially wraparound deck area, a private back porch w/hot tub, & is in a beautiful setting that creates a true sense of mountain living in the Smokies.

Retirement

What’s in your retirement portfolio?

2016 marked the 35th consecutive year of growth in the number of The Entrust Group clients using self-directed retirement savings accounts to invest in real estate. Likewise, the value of their purchases and sales continued to increase.

The Entrust Group, a provider in the self-directed IRA industry, has released its annual Real Estate Investor Market Research Report, highlighting 2016 trends in Real Estate IRA investments. For the first time, the report includes sales data alongside purchases.

“Our clients’ consistent interest in using real estate to save for their retirement demonstrates the ability of self-direction to create a diverse portfolio, manage risk, and invest in assets that typically deliver a good return on investment,” says Irene Vann, real estate manager for The Entrust Group.
-News from RISmedia.com

Investing in real estate with an IRA
If you are interested in purchasing real estate in the Great Smoky Mountains area with your IRA, we can help you with the process.  Sort of like a 1031 exchange, you must have a third party or “custodian” act as your intermediary.  There are a number of quality custodians from which to choose.  We have closed a number of these transactions for buyers and sellers over the years so let us know what your goals are and we’ll help you get there.  More Details on how to make your IRA recession resistant.
Add diversity to your retirement portfolio and reach out to one of our experts.

Featured Listings:

2931 Summit Trails Dr. Sevierville, TN 37862
$695,000   ID#  208471

 
Private, spacious, luxurious, 4 BD/4.5 BA, 3,800+ sq ft log cabin, located in the beautiful & scenic Bluff Mtn./Waldens Creek area, only minutes to downtown Pigeon Forge, Sevierville, Dollywood, & more. Ideal as a permanent or 2nd home, or as an overnight rental – has tremendous rental potential, complete w/outstanding 180-degree mountain views of the Smokies from three levels.
More details
129 Oglewood Lane, Gatlinburg, TN, 37738
$575,000    ID#
209400

  
Private, beautiful, creek side, 4 BD/4 BA, 2,700+ sq ft mountain chalet, recently remodeled in 2014, located within easy walking distance to City trolley stops & only minutes to dwtn. Gatlinburg. Makes near or above $77K in rental income annually, and is on track to make over $83K this year alone.
More details

 

Home Prices Continue to Climb

Home prices continue to escalate, charging upward 6.9 percent in the first quarter of 2017, according to the latest quarterly report by the National Association of REALTORS® (NAR). The increase, stoked by the strongest quarterly sales pace in a decade, marks three straight quarters of growth.

“Prospective buyers poured into the market to start the year, and while their increased presence led to a boost in sales, new listings failed to keep up and hovered around record lows all quarter,” says Lawrence Yun, chief economist at NAR. “Those able to successfully buy most likely had to outbid others—especially for those in the starter home market—which, in turn, quickened price growth to the fastest quarterly pace in almost two years.”

Single-family home prices went up in 85 percent of the markets assessed in the report, or 152 of 178 metropolitan statistical areas (MSAs). Seventeen percent of, or 30, metro areas saw prices up by double digits. At the national level, the median existing single-family home price was $232,100, and the median existing condominium price was $218,600.

Contact the Jason White Team to see what this means for buyers and sellers in the Smokies.

Featured Property:

1235 Ski Mountain Road, Unit 630  Gatlinburg

$149,000, ID# 209748  Short Sale

Well-built & maintained, 3 BD/2 BA, 1,600+ sq ft condo unit, complete with a 1-car attached garage, located immediately adjacent and within short walking distance to Owner’s Club in Chalet Village (with pools & tennis courts),  and also within easy walking distance to the main entrance of Ober Gatlinburg Ski Resort. Ideal as either a permanent or 2nd home, or as an overnight rental.  Part of a very well established condo complex, which also includes a gently flowing, small mountain creek that flows through the property itself, creating a real sense of mountain living at its finest.

Read More…

Springtime Events in the Smokies

Here’s a 2017 Smoky Mountain Calendar of Events for you to help with your vacation planning.  We hope to see you soon!

Dolly’s Annual Homecoming Parade

May 05, 2017

Dolly’s Annual Homecoming Parade has local entertainers, floats, military veterans and marching bands.  The parade starts at 6 pm.  Come early and get a good spot so you can be sure to see Dolly.

May 09, 2017 – May 13, 2017

For all the adventurers – come and take some guided hikes, attend seminars and workshops. Visit vendors and see some wildlife up close, purchase some gear or homemade crafts at the LeConte Center in Pigeon Forge.   Free and open to the public.

Our Very Own Agent, Keith Garnes will be leading a hike to Andrews Bald on May 9th.  He will give a talk on Saturday May 13th on Waterfalls in the Smokies, and another one on Arches and Natural Bridges on Tennessee Trails.

 

Gatlinburg Beans and Cornbread Festival

May 11, 2017

Beans and cornbread cook-off show-down in downtown Gatlinburg.  5-8 pm.

Dollywood Barbeque & Bluegrass

May 26, 2017 – Jun 04, 2017

 Award Winning Bluegrass Music and amazing BBQ.  Bring a chair and just enjoy yourself.

And after all of that good cooking…

a good run for a great cause might be in order!

 

Relay For Life 2017

Jun 02, 2017

Finding cures. Fighting back. Relay For Life 2017. Join us on Friday, June 2, 2017 from 4 p.m. until midnight at Patriot Park, Pigeon Forge (Traffic light #7) for a great cause.

Synchronous Fireflies!  

Late May-Early June

Friday April 28, 2017 at 12:00 p.m. ET: Lottery for Vehicle Passes Opens.

Important Lottery Information

 

Come see the Jason White Team to find your home away from home!

Take a swing on the porch of this well-built 2 BR/2BA Pigeon Forge log cabin.  Currently on a very successful, self-managed rental property (VRBO #564845) generating nearly $40,000 in annual rent.

The Great Smoky Mountains Real Estate Market Continues its Gradual Growth to Start 2017

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For over the last few months, the local & national real estate markets have reflected a gradual and steady growth in several key real estate market categories. As we look at the statistics for the Great Smoky Mountains real estate market through January of 2017, we will see that such local & national trends, particularly in the Great Smoky Mountains real estate market, continue to reflect these same trends of gradual growth that we also see nationally. Let’s now see what the numbers have to say for January of 2017, as compared to those one year ago, in January of 2016.

 

In the category of Residences Sold, we see that in comparing January of 2017 to that of January of 2016, the number of residences sold increased by 8% in terms of homes being sold, as there were 200 more homes that were sold as of the end of January of 2017, as opposed to January of 2016. We will see if this trend continues with any future statistics in this category, but it does show a continued strong trend for residential sales on the whole, as well as continued growth.

 

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In the category of Residential Dollar Volume from January of 2017, as opposed to January of 2016, we see an increase in terms of dollar volume. This category does show a continued high percentage from year-to-year, showing that there is continued, strong growth in this category. This continues to show a continued local, as well as national, trend of relatively steady, stable, and even robust growth in terms of this category, as well, and also continues to reflect the consistently higher home prices that have been taking place for over the last eighteen months now on a national scale.

 

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In the category of Average Sold Price, we find that the sales price did not change much from January 2017 to that of January 2016.

 

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In addition, available homes on the market are continuing to show a trend of steady decreases. Through January of 2017, as opposed to January of 2016, the number of available homes did decline by 8%, or reflecting a numerical decrease of 335 homes in terms of available inventory. This decline continues to show a marked decrease in terms of available inventory in the local market, and still reflects a continued decline in available inventory on the whole here in the local market, which has been occurring now for the last several months. This is largely in line with the latest national real estate trends, which also shows a gradual decline in available home inventory as a whole. This may foretell that with declining inventory, the local market is showing movement towards more people wanting to buy the available properties currently in the local market, and that with higher home prices, more people may feel a greater sense of confidence in placing their homes for sale on the market, along with greater interest in buying what inventory is currently available, as well. We will keep watching to see if this particular trend continues, and see what it does for the real estate market as a whole, both here locally, as well as nationally.

 

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This Week’s Featured Property

 

orig_boomver_2_207431-1  1322 N. Baden, Gatlinburg – $229,900 Beautifully crafted 2 BD/1.5 BA, 1,400+ sq ft, mountain chalet, located only mins. to downtown. Gatlinburg, the Nat’l Park, Ober Gatlinburg Ski Resort & within walking distance of the pools and tennis courts at the nearby Owner’s Club. Ideally suited as a permanent or 2nd home, or as an overnight rental. This cozy mountain chalet is well-located, has easy access to City-maintained roads & services, as well as having near ridge views. See for yourself today!