Winter Games in the Smokies

Winter TN Special Olympics Jan 28-30th

One of the more rewarding events you can experience in Gatlinburg are the Winter Special Olympics  that occur every January at Ober Gatlinburg.  It’s a great way to not only enjoy all the amenities offered at Ober, but also a way to cheer on some of the most deserving athletes you’ll ever meet.

Visitors are encouraged to come cheer on our Tennessee Special Olympics athletes as they compete for the gold and earn medals at their annual Winter Games.Over 150 athletes with intellectual disabilities will compete in Alpine Skiing & Snowboarding and Speed Skating.

Special Olympic athletes have a real passion for what they do and live up to their highest potentials both on the field and off.  Not only are the Special Olympics about competing with one another for medals and prizes, but it is also about having fun, meeting new friends, becoming part of a team and learning new skills along the way.

Whether you have friends and family that are competing in the Tennessee Winter Special Olympics or are simply visiting the area, this is an amazing event to attend.  There is a tram available at the bottom of the mountain that can take guests up to Ober Gatlinburg.  Watch competitions in Speed Skating, Alpine Skiing and Snowboarding at different levels from beginner to advanced.

 

Featured Listing:

1166 Ski View Dr.   Gatlinburg, TN
$349,900   ID#: 213840

Beautiful 4 BD/2 BA, nearly 1,900 sq ft, log cabin, located off Ski View Drive, complete w/amazing views of Mt. LeConte & Ober Gatlinburg Ski Resort from two levels. Ideal as a permanent or 2nd home, or as an overnight rental.  More info

Market Report for the Smoky Mountains

 

 

Featured Properties

Price Reductions

$456,800    ID#: 212271

Architectural gem of 5000+ sq ft, 4 BD & 3 BA amidst a beautiful, centrally located neighborhood. Mountain views.   More info

 

 

Spacious, 3 BD/2 BA contemporary-style mountain chalet, complete w/an attached 2-car carport.  Only mins. to dwtn. Gatlinburg, the Nat’l Park, & much more.   More info

Winter Fun in the Smokies

Lights, (bring your) Cameras, Action!

A seven-time award winner of America’s Best Christmas Event, Dollywood’s Smoky Mountain Christmas Festival Nov. 4 -Jan. 3, 2018, features 4 million holiday lights and spectacular performances including It’s a Wonderful Life.   Dollywood brings a Christmas classic story of love and generosity to life.

 

The Slopes are open at Ober Gatlinburg

 For many people, winter in the Smokies means one thing: skiing and snowboarding at Ober Gatlinburg. There are 10 different ski trails at the park with varying levels of difficulty.  Everyone, from beginners to experts, can have a great time.

Not up for skiing, but still love the snow? Snow tubing is a great option for everyone.  The Ski Mountain Coaster is open in the winter when the tracks aren’t frozen. You can also head inside to check out the plethora of shops, the food court, or even go ice skating!

Ring in the new year in the Smokies!

Gatlinburg will welcome the arrival of 2018 in unique style with its Annual New Year’s Eve Ball Drop and Fireworks Show around the intersection of Parkway and Historic Nature Trail at the base of the Space Needle late Sunday night, December 31.

Nearly 50,000 people will gather around the intersection at the base of the Space Needle late Sunday night, December 31 to ring in the New Year.  At the stroke of midnight on January 1, 2018, fireworks will blast off the rooftop of the 400-foot tall Space Needle with special music choreographed for the show.  The Space Needle has added rhythmic LED lights to the tower, making for a spectacular display.

 

 

 

Featured Properties:
Amazing Views, Great Income

1437 Arbon Drive,  Gatlinburg, TN 37738
$329,900   ID#: 213518

5 BR/BA Chalet. 51K+ Income, Close to Ober, a walk to the pool.  Summer and winter fun.  More info

 

 

 

2215 Lone Eagle Drive,  Sevierville, TN 37876
$314,900   ID#213544                                                                                            
2 BR/2 BA Log cabin. 43K+ Income. Close to Dollywood, minutes to Gatlinburg.  More info

Local musician is rebuilding after the fires

Local musician is rebuilding,
creating new songs and a new home:

Last November, Kirk Fleta came back to the Smokies from a trip to Nashville to find that he lost everything: family heirlooms, guitars and dozens of journals and recordings of his songs, photos and recordings of his mother (famed Spanish singer Paloma Fleta) and his grandfather (world famous opera tenor Miguel Fleta), all of the songs he had down on paper, the audio and video recordings of his performances, and journals of his travels from all over the world.

Fleta is slowly rebuilding. He got money from FEMA, crowdfunding and other organizations.

“Everybody’s really wanting to chip in and help the recovery process,” Fleta said. “It’s kind of reinstated my faith in humanity because there’s so much kindness…We’re a strong, mountain tough community. It’s real.”
He says he wants to write songs that stand the test of time and wants to build a house that stands the test of time, too.

Fleta is writing songs for a new album, some of which are inspired by the fires. He is an optimistic guy and says he says he doesn’t like to dwell too much on the past.  Fleta says he is ‘leaning on a promise of a bright future’ with new songs and a new house.

Here is a link to his website, and here is a link to his fundraising fund:  https://www.crowdrise.com/kirk-fletas-wildfire-recovery-fund

Stephanie Haines interviewed Kirk Fleta for WBIR Ch 10 news.

Featured Properties:

Remarkable Houses, Remarkable Land

1215 Wiley Oakley Dr.
Gatlinburg, TN 37738
$799,900   ID# 205840

4 BD/3.5 BA, 2,800+ sq ft mountain chalet, sitting on 14+ acres, complete with amazing mountain views. More info

 


2924 Nuns Cove Rd.
Sevierville, TN 37876
$495,000   ID#  211855

3 BD/3 BA, 2,200+ sq ft, contemporary-style mountain chalet on 76 acres.  More info

Happy Thanksgiving from the Jason White Team

We wish you a Happy Thanksgiving day full of joy and happiness with your families and friends.  Today we just want to say thank you in appreciation of your business, trust, and loyalty with us.

Sincerely,

The Jason White Team

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Featured Listings:
40K+ Income Cabins

$279,900   ID#: 213277

Private and spacious 3 BD/3 BA Private cabin in scenic Sky Harbor.  3 levels with covered decks.
More info
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$299,900   ID# 208150
4BD/4BA Mountain chalet with incredible views.  Large open rooms, great for large family gatherings.

 More info

Would you ever buy a haunted home?

A new survey from Realtor.com shows most folks won’t shy away from a spooky space–so long as the price is right.

In September, Realtor.com surveyed more than 1,000 online respondents. The verdict? Thirty-three percent were open to living in a haunted house, 25 percent might be, and 42 percent are not open to the idea.

What factors impacted these results? Let’s explore:

  • 40 percent of respondents indicated that they need a price reduction in order to choose a haunted home over a non-haunted home;
  • 35 percent require a better neighborhood;
  • 32 percent need larger square footage;
  • and 29 percent would do so if more bedrooms are involved.

Who minds a few spooky spirits if there’s a third bedroom?   From the survey, 47 percent of participants indicate they would live in a home where someone died, 27 percent said they might, and 26 percent said they would not.

The survey also showed certain paranormal activities are preferred over others. Forty-eight percent of those surveyed didn’t mind a few cold or hot spots in their home, whereas 45 percent could get down with unexplained noises, and 39 percent are willing to tolerate strange, freaky feelings in certain rooms. Thirty-five percent of folks could deal with shifting shadows, but only twenty percent were alright with levitating objects or the sensation of being touched.

Of those surveyed, 28 percent believed they already have lived in a haunted house, with 14 percent unsure and 58 percent quite sure they’ve never been haunted.

 

Featured Listing:

This lot was issued a 5 bedroom septic permit, which is increasingly rare. Great opportunity to build a 5 bedroom vacation rental cabin.   Located in very desirable Pinnacle Vista subdivision in Pittman Center.

Don’t miss OktOBERfest!

                Enjoy Oktoberfest in Ober, Gatlinburg though Oct. 29th

OktOBERfest is being celebrated with Gatlinburg-style roots of merrymaking from September 22 through October 29th.  Ober Gatlinburg Ski Resort commemorates the 207th anniversary of the popular festival held in Munich, Germany.

One of the highlights of OktOBERfest is the food.  Most of the food is German inspired and is derived from recipes and cuisine from traditional Bavarian festivals.  Cuisine includes but is not limited to schnitzel, bratwurst, strudel, turkey legs, pretzels and sauerkraut.  During this month-long celebration, along with multiple daily shows, the Seasons Of Ober Restaurant switches to their OktOBERfest menu.  Special Oktoberfest Biers will be served including several local favorites.  If German food isn’t for you, there are other eateries on site that will offer meals suited to your taste and overall budget.

And, of course, along with great memories, you’ll want to take home souvenirs of this month-long celebration. They have a wide variety of OktOBERfest  souvenir apparel, gifts and accessories available in the outdoor vendor tent.  Inside the mall, you’ll also want to check out the retail shops… most especially the unique and specific  Beer Necessities kiosk,  which provides an eclectic selection of gifts and accessories for the true beer aficionado.

Enjoy the Bier Garten!
An Outdoor Bier Garten is open for beer sampling for festival-goers who are 21 and over. Different featured breweries will be included each weekend, with a company representative from each of these present on Saturdays.

 

Along with the authentic German cuisine and beer, you can also look forward to outdoor games and the Bavarian Fun Makers Oompah Band.  The band dresses in authentic lederhosen while performing traditional Bavarian folk dances, oompah music, sing-a-longs, yodels, and more!

 

Featured Listings

Three Charmers Near Ober:

Beautifully crafted 2 BD/1.5 BA, 1,400+ sq ft, mountain chalet.  Ideally suited as a permanent or 2nd home, or as an overnight rental.   More Info

2220 St. Moritz Court , Gatlinburg, TN 37738   $219,900  ID#: 211874

1 BD/2 BA, 1,350+ sq ft, contemporary-style mountain chalet. Spectacular mountain & city views.  Currently on a well-established rental program.  More Info

 1536 Zurich Road   Gatlinburg, TN 37738
$215,000     ID#: 208705
3 BD/2 BA, 1,600+ sq ft mountain chalet with amazing mountain & city views.  Ideal as a permanent or 2nd home, or as an overnight rental.   More info

 

College debt affecting housing market

College debt is having a compounding effect on how millennials perceive and plan for home ownership.

Eighty-three percent of millennials in a recently released report by the National Association of REALTORS® (NAR) say they are delaying their home-buying plans by a median seven years as a result of their student loan debt. Twenty percent of the millennials surveyed in the study are homeowners; 80 percent are not. The typical millennial homeowner is burdened by $41,200 in student debt, and earning $38,800 annually.

Home ownership is not the only casualty of student debt—millennials are also postponing career changes, children, marriage and retirement savings, the study shows.

“The tens of thousands of dollars many millennials needed to borrow to earn a college degree have come at a financial and emotional cost that’s influencing millennials’ housing choices and other major life decisions,” says Lawrence Yun, chief economist at NAR. “Sales to first-time buyers have been underwhelming for several years now, and this survey indicates student debt is a big part of the blame. Even a large majority of older millennials and those with higher incomes say they’re being forced to delay home ownership because they can’t save for a down payment and don’t feel financially secure enough to buy.

“A scenario where only those with minimal or no student debt can afford to buy a home and save for retirement is not an ideal situation and is one that weakens the economy and contributes to widening inequality,” Yun says.

Millennial homeowners are doubly pressured, unable to sell and trade-up due to their student debt. At the entry level, the inability to move keeps valuable inventory off-market, worsening already scarce supply in the tier.
“Millennial homeowners who can’t afford to trade up because of their student debt end up staying put, which slows the turnover in the housing market and exacerbates the low supply levels and affordability pressures for those trying to buy their first home,” says Yun.
Combating the issue comes down to education. Many millennials are in the dark about college costs—in fact, the study shows only 20 percent have a big-picture understanding of the expenses related to education.

“REALTORS® are actively working with consumers and policy leaders to address the growing burden student debt is having on home ownership,” says NAR President Bill Brown. “We support efforts that promote education and simplify the student borrowing process, as well as underwriting measures that make it easier for home buyers carrying student loan debt to qualify for a mortgage.”

The study was conducted in conjunction with American Student Assistance (ASA), a non-profit guarantor.
“Student debt is a reality for the majority of students attending colleges and universities across our country,” says Jean Eddy, president and CEO of ASA. “We cannot allow educational debt to hold back whole generations from the financial milestones that underpin the American Dream, like home ownership. The results of this study reinforce the need for solutions that both reduce education debt levels for future students, and enable current borrowers to make that debt manageable, so they don’t have to put the rest of their financial goals on hold.”

 

Featured Listings, Price Reductions:

 

1224 Sky High Way  Gatlinburg, TN
$249,900   ID#: 210698

2 BD/2BA, 1,300+ sq ft mountain chalet, complete w/incredible views of Mt. LeConte, downtown Gatlinburg, ski resort & the Smokies.  Currently on a well-managed rental program.  More info

 

936 Stans Road   Gatlinburg, TN 37738
$249,900   ID#: 210699

Well-located, 2 BD/2 BA, 1,500+ sq ft mountain chalet,  currently on a well-established rental program. Amazing views of the Smokies & the City of Gatlinburg.  More info

 

Fall into the Smokies!

Fall Events in Gatlinburg:

Looking for things to do in Gatlinburg? The Gatlinburg fall calendar of events is jam-packed with seasonal Gatlinburg TN attractions that you won’t want to miss this fall.

 

Event Name: Gatlinburg Craftsmen’s Fair
Date(s): October 8 – 25
Season: Fall
Category: Arts, Entertainment
Description: More than 200 booths featuring some of the nation’s finest work. Artists demonstrating on site, selling art. Live music.
Location: Gatlinburg Convention Center
Website/Link: http://www.craftsmenfair.com
Admission: $5.00

Event Name: Smoky Mountain Harvest Festival
Date(s): September 18 – October 31
Season: Fall
Category: Arts, Entertainment, History
Description: Fall decorations, old fashioned hayrides, events, entertainment, and local craft exhibits.
Location: throughout Gatlinburg
Admission: FREE

Event Name: Fall Foliage in the Smokies
Date(s): September 15 – November 15
Season: Fall
Category: Entertainment
Description: The notion that peak color season in Great Smoky Mountains National Park happens in mid-October is a misconception. The marvelous colors of autumn actually light up the Smokies for seven weeks or more as the peak elevations move down the mountainsides from the highest elevations to the foothills.
Location: Great Smoky Mountains National Park
Website/Link: http://www.gatlinburg.com/
Admission: Yes

Event Name: Winter Magic Kickoff & Chili Cookoff
Date(s): November 4
Season: Fall
Category: Entertainment, Fundraiser, Food
Description: Gatlinburg lights up the city with millions of winter lights, an award winning chili contest and live entertainment. Come join us!
Location: Downtown Gatlinburg
Admission:  Yes

 

Beautiful and affordable lots in prestigious Pinnacle Vista:
Pinnacle Vista subdivision in Pittman Center among $1,000,000+ cabins

 

714 Pinnacle Vista Lot 28  Gatlinburg     $35,000   ID# 206795

5 bedroom septic permit, which is increasingly rare.  Great opportunity to build a High income vacation rental cabin.  1.94 Acres.

 

 

Lot 27 Pinnacle Vista Rd.  Gatlinburg,    $39,900  ID# 206353

Great area for rental, second or permanent home site. Easy access with paved through the development.  No HOA fees.  1.9 Acres.

 

 

 

Lot 90 Pinnacle Vista Rd.  Gatlinburg  $ 29,900  ID # 206361

3.19 Acres.  Close in proximity to Greenbrier entrance for the Great Smoky Mtn. National Park and only about 10 mi. to dwtn. Gatlinburg.

 

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