Smoky Mountain Real Estate Put You in Touch with the Historic Arts & Crafts Community

Posted by Gatlin on

Gatlinburg artists and authentic crafts

Smoky Mountain homes bring you back to the nation’s largest group of independent artisans.  Almost one hundred individual; galleries, studios, and shops occupy the loop along Rte 321, Buckhorn Road and Glades Road.  When you consider additional stores outside of this hub of artists, that’s an awesome selection.  Shoppers who appreciate unique, quality-made items love to buy creations from these places.  In an age, when a majority of what we purchase is made cheaply, on the opposite side of the world.  Our Arts and Crafts Community is special.  The Great Smoky Arts & Crafts Community was founded in 1937.  Like other locations in these Southern Mountains, wise individuals saw value in preserving the crafts of a bygone era.  The products of these artisans still have value in our modern society.  When a storm or other event knocks out power, it is nice to have beautiful candles for light and a nice quilt to keep us warm. 

Another aspect of this community is that your money gets spent here, where it feeds local people, not foreigners living one-half-a-world away.  With the current state of our economy, it is crucial to spend money where it helps our local population.  In addition, these artisans produce products that are often unique, one-of-a-kind items.  Anyone who appreciates quality would choose an object fabricated with care and attention, over mass produced assembly-line items.  Go online and you can pull up links that will give you more details on all these artistic endeavors.

If being close to all these wonderful arts and crafts, calls to you, then consider living here, or buy a vacation home in the area.  Either option provides you with close contact to the artists.  You also, could take classes to learn these skills.  Centers like Arrowmont in Gatlinburg, allow for study with artists and artisans. They share their skills with future craftspeople.  Begin your property quest on our website and define your personal search options.  When it’s time to view the finalists in your search, schedule time with our professionals and seal the deal. 

Here are a Few of My Current and Sold Listings:

Sold- Contract in 23 Days!!!!!!
This home has a large level parking area for guest and great mountain view. Large bedroom suites, beautiful mtn stone F/P in the cathedral living room and recreation room with all the amenities to make your stay enjoyable.
Type: Single Family Home
Location: Chalet Village, TN
Price: $225,000
Get more information >
Close to Everything w/ Mtn View!
Close to everything including shopping,dining, etc. in Gatlinburg. Club house with pool and tennis courts close by as well. Green space/unbuildable lot across the street to insure privacy comes w/house. Great for detached garage!
Type: Single Family Home
Location: Chalet Village
Price: $249,900
Get more information >
Quality Built Home on Private Corner Lot
Formal, custom built home on a very nice and private corner lot in beautiful neighborhood of Belle Meadows. Close to hospital and all the amenities that Sevierville has to offer.
Type: Single Family Home
Location: Sevierville,TN
Price: $279,900
Get more information >

Vacationers Love to Stay in Smoky Mountain Homes

Posted by Gatlin on

Gatlinburg real estate gets a lot of press when it comes to vacation lodging.  However, this week’s blog is focused on Sevierville (pronounced severe-ville) .  This lesser known city of Sevier County is the county seat.  In land area it is on the way to becoming the largest municipality in Sevier County.  With this large expanse of land, comes opportunities.  Gatlinburg and Pigeon Forge are famous, but Sevierville is on the road to becoming the premier shopping destination of this area.  Currently, Sevierville boasts two of the largest outlet malls around.  The upscale Tanger Five Oaks Factory Outlet Center is the largest of its kind in Tennessee.  Outdoorsman can find awesome shopping at Bass Pro Outdoor World, Smoky Mountain Knifeworks, and the Orvis Company Store.  The shopping spectrum in Sevierville ranges from family run; antique shops, galleries, boutiques, and specialty shops, to huge corporate-owned mega stores.  A scrapbook store with the largest inventory in the United States is within the city limits. 

Shopping in Sevierville begins out along the I-40 corridor and works its way down Rt 66 into downtown Sevierville.  The opportunities continue down the parkway until the limits of Pigeon Forge are reached. Shopping related activities are a major event here and the city hosts; web-site deals, sales tax holidays, etc. for your convenience.  The beauty of shopping in Sevierville is there is something for every family member.  Dad can find shops that cater to his interests like tools, while Mom finds ample; shoes, clothing, cooking, and children’s shops to engage other members of the family. If you love shopping for recreation or as a solution for your family’s needs, consider Sevierville as a vacation destination.  It’s location is easy to find and it sits out away from much of the National Park traffic.  You may find many benefits to visiting this lesser known city of the Tennessee Smokies.

For many of the previously mentioned reasons Sevierville should be worth a look on your trip to the area.  These same benefits apply to buying property in Sevierville.  Hop on our website and begin exploring the wonders of Sevierville, Tennessee.

Here are a Few of My Latest Listings:

Condo w/ Easy Access/Amazing Mtn Views!
Location and views are what this condo is all about. Even includes a community indoor and outdoor pool.
Type: Single Family Home
Location: Gatlinburg, Tennessee
Price: $89,900
Get more information >
Right on the Creek in Gated Community!
Own a mobile home in a gated community with a beautiful recreation area with two pools(one for adults and one for kids).The land is deeded property which you own as well, and is right on a gorgeous creek. Fully furnished and includes SS appliances.
Type: Single Family Home
Location: Gatlinburg ,Tennessee
Price: $89,900
Get more information >
Fantastic Mountain Views and Private!
The private location and awesome mountain views make this home a winner. It is on a level lot, level parking and side yard, 3 mi to Gatlinburg so close to everything, open floor plan with 4 master suites which is always desirable for privacy and space
Type: Single Family Home
Location: Gatlinburg ,Tennessee
Price: $329,900
Get more information >

Cash is King for Homes in Gatlinburg

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The key to Smoky Mountain real estate is cash.  A May 9th, 2011 article for Smart Money in the Wall Street Journal is the motivation for this week’s blog.  According to this story, 60% of investment buyers are walking away from loans and are slapping down American dollars for their purchases.  The federal reserve’s blitzkrieg printing of U.S. dollars may be forcing savy investors to buy their property with cash.  For several years, many areas of the nation have lagged in purchases of investment property.  However, some locations including the Tennessee Smokies are witnessing the beginning of a turnaround.

The core members of this new cash purchase wave are buyers with uncompromised discretionary income.  These buyers are not forced to choose between sending children to college, and buying a dream vacation home.  The number of all-cash property purchases has increased from 48% in 2009 to 60% last year.  Requirements on home loans were tightened across the board to stem the number of foreclosures.  This is especially true in the second home market.  Data firm, Core Logic, reports that second home mortgages created in 2010 is down 73% from the height in 2005.  With the median price falling in investment properties, some sellers expect cash-only deals.  This has become common place at the higher end of the market.  With an ever increasing aversion to debt, the all-cash deal guarantees a greater likelihood that the transaction will go through.  Cash deals eliminate many last-minute cost surprises, and move to closing in record time.

Despite all these benefits, some feel that low interest rates are too great to pass up. Other advisers think that it is easier to get money out of other investments (like stock) than real estate.  Some feel that returns from other investments are greater than being debt-free in a home.  Decisions like this requires knowledgeable expertise.  Consult with your attorney, CPA, and financial experts.  Our website and trained staff is here to help you lock in your ideal property.  Begin with your advisor and move to our team when you feel confident to proceed.  We are ready to assist at any step in the real estate sale, or acquisition process.

Here are a Few of My Current Listings:

A-Frame w/Serene Setting/Incredible View
Total privacy with this A Frame home with incredible mountain vista and mature native mountain laurel. Located in Gatlinburg and walking distance to community pools, tennis courts, and Ski Resort.
Type: Single Family Home
Location: Gatlinburg ,Tennessee
Price: $169,900
Get more information >
Just Reduced!! Premier View of Smoky Mountains!
Condo with sought after mountain views and 3 bedroom plan. Indoor and outdoor pools, hot tubs and saunas and really close to the Great Smoky Mountain Nat’l Park and ski resort.
Type: Condo
Location: Gatlinburg, Tennessee
Price: $99,900
Get more information >
Pigeon River Right Outside Your Door!
This remodeled riverfront home is a sure to please. With the calming sounds of the Pigeon River right outside your door this completely remodeled home complete with sauna and hot tub are sure to take the stress away!
Type: Single Family Home
Location: Gatlinburg ,Tennessee
Price: $299,900
Get more information >

A Perfect Time To Buy That Gatlinburg Home For Sale?

Posted by Gatlin on

Gatlinburg properties, like other areas of the Smokies are flashing a potential time to purchase signal.  Data from the Great Smoky Mountains Association of Realtors is revealing possible buy indicators.  We will take a look at their figures which compare residential sales for April 2011 vs April 2010.  Remember residential numbers include; single family homes, condos, townhouses, and co-ops.  Another important item to remember is that last year’s marketplace was impacted in a major way by the government stimulus for housing. 

In Total Residences Sold, April 2011 had 108 vs. April 2010 with 151.  Last year with the stimulus it was 28% better or 43 units more .

In Dollar Volume Sold, April 2011 has $16,742,437 compared to April 2010 with $25,818,457.  Last April was $9,076,020 higher or 35% more.

In Average Price Per Residence Sold, April 2011 was $155,023.  April 2010 was $170,983.  Again 2010 was greater by 9% or $15,960.

In Active Listings, April 2011 is at 3,474, while April of 2010 was at 3,148.  Our current April is up 326 listings or 10% more.

With an interpretation of data, it is critical to factor in government or other outside interference in the market.  In addition to serious government stimulation, we must also consider our weather.  We spoke about this in earlier blogs, but it merits repeating.  Most of the east coast including our Tennessee mountains had an exceptionally long, cold, and snowy winter.  Most potential property buyers are not inclined to go driving around looking for real estate when the weather turns nasty.

However, this past April is definitely down from April of 2010 in all categories except active listings.  The current market seems to favor property buyers.  Prices and sold homes are down along with the average price.  Active listings are up.  These factors tend to help buyers over sellers. When you view this, along with the reasonable price of mortgage rates, now could be a great time to buy.

Check out our website and begin your property search.  Set your own parameters and search criteria.  Check out property at home, online, at your own pace.  Our expert team is ready to assist when we are needed.

Here are a Few of My Latest and Current Listings:

Custom Log/Incredible Rental Income
Wow!! The rental income of $40,262 in 2010 for this 1 bedroom/1bath makes this custom built log home a fantastic opportunity for someone. 3 levels w/fantastic Smoky Mountain views, private on top of a mountain, but only 5 mins to the center of Gatlinburg.
Type: Single Family Home
Location: Gatlinburg ,Tennessee
Price: $199,900
Get more information >
Log w/ Amazing Views of the Smokies
This log home has a fantastic rental history of $43,270 gross income in 2010 as well as a fantastic view of Mt LeConte and the Smokies. Privacy is a bonus while enjoying the covered wrap around decks. Great floor plan w/2 bedrooms and 2 baths on each flr.
Type: Single Family Home
Location: Gatlinburg, Tennessee
Price: $339,900
Get more information >
Furnished w/ Strong Rental Income!
This property is generating a strong rental income in 2010 of $47,313! Massive open floor plan with cathedral ceilings. Features include movie projector,bar w/fridge,hardwood floors,gourmet kitchen and much more.
Type: Single Family Home
Location: Gatlinburg ,Tennessee
Price: $299,900
Get more information >

Looking at Homes in Gatlinburg?

Posted by Gatlin on

Mountain homes across the Smokies are great as an investment, or a vacation home.  This sector of the real estate market experienced good results in 2010.  A March 30th, 2011 article details the research on this material.  The data was compiled and published by the National Association of Realtors.  The article states that in 2010, vacation and investment home sales held their position in the property market place.  Vacation homes accounted for 10% of the market.  Investment home sales were 17% of the total homes sold.  These numbers are intriguing, because sales volume for the overall market declined from 2009.

This news is quite significant for a number of reasons.  The most important factor is that credit in the housing market is tight.  To avoid another bubble with bad mortgages, the federal government has cranked down the screws on easy lending.  This makes it tougher to qualify for financing.  Investment and vacation homes, have even more stringent lending guidelines.  All cash purchases make up a significant percentage of investment/vacation homes.  The buyers of the second home market are savy.  Foreclosures or discounted property made up a greater percentage than primary home buyers.  The median price for this “non-primary” home market is significantly below prices for primary homes.  It would appear that many investors are purchasing second homes as investment.  These homes preserve the value of hard-earned dollars, provide a great place to enjoy, and avoid the roller coaster ride of the stock markets.

If you are contemplating a second home for vacations, or investment, consider the Smokies.  This area is in the leading quadrant of the nation for secondary home purchases.  Our website provides a perfect springboard to begin your dive into investment property.  Contact us today to get started.

Here are a Few of My Current Listings:

Excellent Views /Architectural Icon!
This commanding architectural icon is an award winning design. Fantastic floor plan, quality contruction, outrageous mountain views from all rooms, gas generator, lots or level parking and 5 master suites all with their own screened in porch. Must see!
Type: Single Family Home
Location: Chalet Village
Price: $990,000
Get more information >
Premier View of Smoky Mountains!
Condo with sought after mountain views and 3 bedroom plan. Indoor and outdoor pools, hot tubs and saunas and really close to the Great Smoky Mountain Nat’l Park and ski resort.
Type: Condo
Location: Gatlinburg, Tennessee
Price: $99,900
Get more information >
Nestled Among the Trees w/ Mtn View
This chalet is nestled among the trees with close access to area attractions, ski lodge, shopping and the Great Smoky Mountains Nat’l Park.
Type: Single Family Home
Location: Chalet Village
Price: $229,000
Get more information >

Deals On Homes For Sale In Gatlinburg Could Be Slowing

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Discounted mountain homes could soon become a rarity.  An article in USA todayindicates that the number of homes getting some kind of  foreclosure notice fell from January to February 2011.  In this real estate story out of Los Angeles, author Alex Veiga says, foreclosure notices are at a 36 month low.  Our recent February’s numbers are 15% lower than this January and February 2011 vs February 2010 is 27% less.  Much of the background data for the story was supplied by foreclosure listing company Realty Trac.  Before everyone gets ready to celebrate an end to the large foreclosure mess, consider this.  In most of the nation we had a severe winter.  The inclement weather gets some credit for aiding the decline. However, the primary reason for the current decrease in foreclosures is state and federal investigations which began last fall.  This intervention became serious when evidence appeared to show that some banks railroaded through loads of foreclosures each day, without giving the borrowers a fair chance to keep their homes.  As Congress and State legislatures got involved, the banking industry and other home lenders in effect froze the foreclosure process.  All of these currently stalled delinquent homes, will eventually enter the foreclosure pipeline.  However, that could take some time.

Here at the Jason White Team, we have seen alot of activity in financially stressed property.  If you are interested in these bargain priced items, be sure to read our earlier blogson how to prepare.  One of the best preparation is to get preapproved for financing or get a certificate of funds for a cash purchase.  This way you can move fast when your bargain property appears. Call us today to see how we can help you find just the right property here in the mountains 877-678-2121.

Here are a Few of My New and Current Listings: (These are not foreclosures)

Fantastic View- Top Floor Condo!
You get fantastic mountain, valley and city light views with this top floor condo. Tastefully decorated with furnishing that are included. Outdoor pool/indoor pool, hot tub and sauna on site for your use as well.
Type: Single Family Home
Location: Chalet Village
Price: $69,900
Get more information >
Sits on Beautiful Pigeon River!!
Located on the state’s most pristine river this is truly a one-of-a-kind property. Listen to the sounds of the river on this 2.8 acres in upscale subdivision of Riversong. This home offers a gourmet kitchen, huge game room and even a playroom for the kids
Type: Single Family Home
Location: Pittman Center
Price: $1,250,000
Get more information >
Fantastic Views of Mt LeConte!!
Enjoy the fantastic views of Mt LeConte and the tram from the spacious decking of this nicely decorated cabin. Each bedroom has in suite baths as well. This is a must see!
Type: Single Family Home
Location:Gatlinburg ,Tennessee
Price: $235,000
Get more information >

National Trends Often Influence Gatlinburg Real Estate

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East Tennessee mountain homes sometimes follow general market trends of the nation.  In a Wall Street Journal article from earlier in February 2011, there is evidence that cash buyers are generating serious activity in real estate across the country.  A lot of the transactions are in seriously depressed markets. The author of this article feels that this action could be signaling a bottom or near-bottom in the property market.  As an example; last year in Miami-Fort Lauderdale, cash buyers accounted for over 50% of sales vs. 13% of buys in the 4th quarter of 2006.  Phoenix cash buyers were 42% in 2010. This was 3 times the cash purchases in 2008.  Market analysts are optimistic that a renewed vigor is returning to the nation’s property markets.  The increase of cash buyers can be good and bad.  The positive side of cash purchases is they are quick and easy transactions without the lenders involved.  The other side of cash purchases is that they are bargain driven.  If someone is plunking down a chunk of cash, they want a deal.  Sometimes the sellers are taking a beating especially in the country’s most depressed property markets. 

The Tennessee Smokies was never an out-of-control, high-flyer market.  We were much more conservative, unlike areas in California, Florida, Nevada, and Arizona.  Our market has remained healthier than most, in the recent decline.  If you are a cash buyer on a property search in the Smokies, there are still plenty of bargains available.  For those of you who wish to finance, getting pre-approved by your lender will give you the ability to move quickly, like a cash buyer.  Contact the Jason White Team today at 877-678-2121 to get started on your new and exciting search for property.

Here are a Few of My Latest Listings:

Fantastic Rental Income & Mtn View!
Incredible furnished rental with fantastic Mt LeConte view. Lots of decks w/hot tub to enjoy the view. Bedroom suites with recreation room and kitchenette for entertaining. Lots of room for large groups. Sleeps 18.
Type: Single Family Home
Location: Sevierville,TN
Price: $489,900
Get more information >
Close to Everything w/ Mtn View!
Close to everything including shopping,dining, etc. in Gatlinburg. Club house with pool and tennis courts close by as well. Green space/unbuildable lot across the street to insure privacy comes w/house. Great for detached garage!
Type: Single Family Home
Location: Chalet Village
Price: $249,900
Get more information >
Pre-Approved Short Sale! Mtn Views!!
Pre-approved short sales with an incredible view of Mt.LeConte. Fantastic log home with private setting! Many, many features including home theatre and private bath for each bedroom. Wow! Don’t miss this one!
Type: Single Family Home
Location: Gatlinburg ,Tennessee
Price: $379,900
Get more information >

On the Quest for Smoky Mountain Real Estate?

Posted by Gatlin on
Winter Stream in Great Smoky Mountains

 

Searching for a Gatlinburg home or a property in any location, requires a certain amount of preparation.  Our blog for this week zero’s in on the advance planning that buyers need to do before their home purchase.  The source for this material comes from the National Association of Realtors.  They put out an article to their members on 10 ways to prepare for home ownership  .  It offers great home buyer advice that is worth sharing.      

Home Buyers need to determine what they can afford.  This is the first step. Typically most people can buy a home that is two to three times their gross income.  The home buyers second step is to set up a wish list for the new home.  This wish list should be prioritized before the actual home search.  Step three is determining where you want to live.  Select three or more areas with neighborhoods that you like.  Factor in travel time to; work, school, recreation, and other daily activities.  Consider the quality to all facets of the area, and potential resale.  Fourth on the list of preparation is begin saving for your home purchase.  Shoot for a minimum of 20% for a down payment.  An additional 5-10% for miscellaneous closing costs will cover attorney fees, taxes, transfer fees, etc.  Getting your credit in order is the fifth item.  Request a copy of your credit report and make sure it is accurate.  If there are problems, begin immediately to get them corrected and take steps to improve your credit.     

 The first five steps we discussed take a future homeowner to the half way point in preparation.  Step six is to set up mortgage qualifications.  How large of a mortgage can you get?  Explore various options on loans like; fixed or adjustable, term length, etc.  Determine your best option and your best loan source.  The seventh item of preparation is to get pre-approved on your loan.  This requires submitting necessary documentation like; prior years’ tax forms, W-2’s, 1099’s, pay stubs, etc.  Step eight requires creativity to see if there are other potential sources of funding for the down payment.  For instance, are there any state or federal programs that offer assistance for down payment money?  Some retirement funds may be used without penalty, for some aspect of a home purchase.  The ninth step in home ownership preparation is to calculate all costs associated with owning a home.  These include; insurance, maintenance, utilities, association fees, property taxes, and future repairs.  It is best to be prepared for all aspects of the successful home owner lifestyle.  The final step is to find a realtor you can work with, and one who can truly help you. Some Realtors specialize in certain kinds of property.  Make sure they have the patience often needed for first-time buyers.  This may require getting referrals from people you know and conducting your own screening, or interview process.  Be respectful of people’s time during this selection procedure.  These ten steps will prepare any first time, or seasoned buyer for the road to owning a home.  Completing these steps certainly eliminates many of the hassles in the path to acquiring a new home.       

If you are considering any kind of home purchase here in the Tennessee Smokies, the Jason White Team can simplify your search.  Everything from our user-friendly web site, to our realtors’ expertise is geared to help both buyers and sellers alike.  Contact us today 877-678-2121, and have fun finding your home in the Tennessee Smokies!   

Here are a Few of My Current Listings: 

Surrounded by The Great Smoky Mountains!
Enjoy total privacy in one of the most picturesque settings in the area. Located in the prestigious community of Riversong and surrounded by The Great Smoky Mountains National Park. You can hear the relaxing sounds of the Little Pigeon River from the deck
Type: Single Family Home
Location: Gatlinburg ,Tennessee
Price: $769,900
Get more information >
11 Bedroom- Smoky Mountain Stunner!
This 11BD/11.5BA mountain top home is designed with hardwood floors, high quality furnishings and antique decor throughout. A stunning handcrafted cedar staircase, sunroom w/large swim spa, sauna, media room, over 2500 sq ft of decking to enjoy the view!
Type: Single Family Home
Location: Gatlinburg ,Tennessee
Price: $1,475,000
Get more information >
Mt LeConte View w/Large Open Floor Plan
5 bedrooms all with in suite baths for privacy. Huge great room for those family gatherings and could walk to trolley to take to town or to Nat’l Park.
Type: Single Family Home
Location: Gatlinburg ,Tennessee
Price: $350,000
Get more information >

Are you a First Time Buyer Looking at a Gatlinburg Home for Sale?

Posted by Gatlin on
Gatlinburg City Night Lights

Gatlinburg homes, like others across the nation, offer challenges to a first time home buyer.  Today’s blog explores five mistakes that novice home buyers commonly make. The source for our material came from the National Association of Realtors.  As the key trade association for real estate in the U.S., much research is conducted to advise our membership.  This material helps agents assist buyers and sellers in the potentially complex transactions of real estate exchange.  

Mistake number one is the novice buyer fails to ask enough questions of their lender.  This can lead to missing a great deal on a home.  Especially in our current home market, getting pre-qualified is crucial.  Today there is a fast pace driven by foreclosures and short sales.  Knowing what amount and whether you qualify in this tighter credit market is key.  First-time mistake number two is failing to make a quick decision.  This allows someone else to buy your house.  As previously noted, speed is the quintessential element in discount priced property.  Mistake number three is not finding the right agent.  New buyers need a representative who is patient and relates well to them.  Home buying is a huge commitment and it is critical to have a trustworthy ally on your side.  This takes much of the first time stress and fear out of the process.  The fourth common mistake is first time buyers do not make their offer look appealing to a seller.  The best deals offer a win/win for both parties.  There are often extra items that can sweeten a deal for the seller.  Often something like more time or flexibility on some aspect of the negotiation would not cost the buyer, but it could seal the deal.  The last of the five common mistakes is failing to think about resale before purchasing a home.  The U.S. average is four years living in a first time home purchase.  What might be a deal today, could become tomorrow’s nightmare, if the new home is not easily resold.  Nobody wants to tie up their capital in a home that is not easy to resell.  

Avoiding these five mistakes are important even for experienced home buyers.  The Jason White Team gears our website, and the experience of our people to help our buyers avoid these 5 potentially expensive mistakes.  We encourage buyers to work with lenders in advance.  With pre-approval you can act with confidence when a deal appears.  Also, setting up your personal search criteria on our website, allows you to focus on only those properties that match what you want. We can also send you listings daily or weekly that match your needs.  Contact us online or by phone 877-678-2121 and begin today. 

Here are a Few of My Latest and Current Listings: 

Foreclosure/ Furnished!
Foreclosure with ample parking. This property is generating a strong rental income in 2009 of $46,503! Massive open floor plan with cathedral ceilings. Features include movie projector,bar w/fridge,hardwood floors,gourmet kitchen and much more.
Type: Single Family Home
Location: Gatlinburg ,Tennessee
Price: $329,900
Get more information >
Premier View of Smoky Mountains!
Condo with sought after mountain views and 3 bedroom plan. Indoor and outdoor pools, hot tubs and saunas and really close to the Great Smoky Mountain Nat’l Park and ski resort.
Type: Condo
Location: Gatlinburg, Tennessee
Price: $109,900
Get more information >
Updated with Private Bedroom Suites!
Want a great investment property? Then this is it! Already on a rental program and has a great rental history. Recently updated, offers private bedroom suites, and has a sky walk to balcony and mountain views.
Type: Single Family Home
Location: Chalet Village
Price: $249,900
Get more information >

Great News for Gatlinburg Real Estate!

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Cabin in the Smokies

 All areas of Smoky Mountain real estate are beneficially impacted by the source for this week’s blog.  The Wall Street Journal ran an article on January 10th, 2011 that caught my attention.  This story was titled “Market for Vacation Homes is on the Rise”.  The journalist explained that in 2010, popular vacation destinations across our nation experienced a surge of buying activity unseen since real estate peaked in 2006.  The target areas for this article focused primarily on popular ocean front locations.  Cape Cod, MA saw a  9% increase, Hilton Head, SC, increased 13.6%, Mercer Island, WA, jumped 181.8%, and Palm Beach, FL, was up 39.3% in 2010.  Usually the vacation home market is not split out from other home sales.  Even with federal stimulus, 2010 was not a stellar year overall, for real estate.  However, this data reveals that the vacation home market may be outperforming everything else.  With results buried in the general home market, it is easy to see how this got overlooked. 

National Association of Realtors’ Chief Economist, Lawrence Yun feels that the U.S. economy improved enough last year, to have wealthier families begin buying second homes.  Properties in these affluent areas are off their highs, and they offer an attractive investment option in these times of economic uncertainty.  Despite their low percentage of the overall home market, vacation homes are often high dollar.  In today’s market, this vacation home surge is good news.  However, both buyers and sellers must exercise caution.  Pricing is critical and must be evaluated to attract buyers.  Financing for buyers has been a challenge.  Big down payments and clean credit is key, or go to a cash purchase. 

While our Tennessee Smokies may not be Palm Beach, we remain a popular vacation destination for much of the nation.  The scenic beauty, central location, and multitude of man-made attractions make us a tourist magnet.  If you are interested in our area for any type of property, go on our website, or contact us directly at 877-678-2121.  We can match you up with any real estate investment that you desire. 

Here are a Few of My Current Listings: 

Fantastic Mountain View & One Level!
Want one level living and great mountain views? This home is for you! Private, level ground with yard and southern exposure not to mention the shady covered front porch and sunny open deck with hot tub.
Type: Single Family Home
Location: Gatlinburg, Tennessee
Price: $179,900
Get more information >
Pigeon River Right Outside Your Door!
This remodeled riverfront home is a sure to please. With the calming sounds of the Pigeon River right outside your door this completely remodeled home complete with sauna and hot tub are sure to take the stress away!
Type: Single Family Home
Location: Gatlinburg ,Tennessee
Price: $299,900
Get more information >
Heritage Log Home w/ Views of Mt LeConte
This beautifully built Heritage log home in prestigious Chalet Village has great views of Mt. LeConte. Private yet close to downtown shopping and dining. Three master suites for privacy and on a open lot with level parking.
Type: Single Family Home
Location: Gatlinburg ,Tennessee
Price: $349,900
Get more information >