National Housing Market

Will rising prices create a slow down?

Home prices propelled up in December, according to the S&P CoreLogic/Case-Shiller Indices.

The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index’s 10-City Composite, which is an average of 10 metros (Boston, Chicago, Denver, Las Vegas, Los Angeles, Miami, New York, San Diego, San Francisco and Washington, D.C.), rose 6 percent year-over-year, mirroring November, which posted the same.

The 20-City Composite—which is an average of the 10 metros in the 10-City Composite, plus Atlanta, Charlotte, Cleveland, Dallas, Detroit, Minneapolis, Phoenix, Portland, Seattle and Tampa—rose 6.3 percent year-over-year, a decline from 6.4 percent in November.  Month-over-month, both the 10-City Composite and the 20-City Composite rose, each 0.2 percent.

According to S&P Chairman of the Index Committee and Managing Director David M. Blitzer, housing and inflation are on similar trajectories, but home prices are in the lead—vastly.

“The rise in home prices should be causing the same nervous wonder aimed at the stock market after its recent bout of volatility,” says Blitzer.  “Across the 20 cities covered by S&P Corelogic Case Shiller Home Price Indices, the average increase from the financial crisis low is 62 percent; over the same period, inflation was 12.4 percent.  None of the cities covered in this release saw real, inflation-adjusted prices fall in 2017.”

Blitzer is eyeing factors, however, that point to a slowdown.

“Within the last few months, there are beginning to be some signs that gains in housing may be leveling off,” Blitzer says.  “Sales of existing homes fell in December and January after seasonal adjustment and are now as low as any month in 2017.  Pending sales of existing homes are roughly flat over the last several months.  New-home sales appear to be following the same trend as existing-home sales. While the price increases do not suggest any weakening of demand, mortgage rates rose from 4 percent to 4.4 percent since the start of the year. It is too early to tell if the housing recovery is slowing. If it is, some moderation in price gains could be seen later this year.”

According to the National Association of REALTORS® (NAR), existing-home sales fell 3.6 percent in December and 3.2 percent in January—the latter the lowest in more than three years. New-home sales thudded 7.8 percent in January, the Commerce Department recently reported. December pending sales eked out an 0.5 percent gain, data from NAR show.

Crippling growth is the inventory shortage, which continues to constrain sales as buyers face a lean pool of supply.

The complete data for the 20 markets measured by S&P Dow Jones:

Atlanta, Ga.
Month-Over-Month (MoM): 0.3%
Year-Over-Year (YoY): 5.4%

Boston, Mass.
MoM: -0.2%
YoY: 5.5%

Charlotte, N.C.
MoM: 0.1%
YoY: 5.9%

Chicago, Ill.
MoM: -0.6%
YoY: 2.6%

Cleveland, Ohio
MoM: -0.3%
YoY: 3.5%

Dallas, Texas
MoM: 0.1%
YoY: 6.9%

Denver, Colo.
MoM: 0.6%
YoY: 7.4%

Detroit, Mich.
MoM: 0%
YoY: 7.1%

Las Vegas, Nev.
MoM: 0.8%
YoY: 11.1%

Los Angeles, Calif.
MoM: 0.7%
YoY: 7.5%

Miami, Fla.
MoM: 0.1%
YoY: 3.6%

Minneapolis, Minn.
MoM: -0.4%
YoY: 5.2%

New York, N.Y.
MoM: 0%
YoY: 5.4%

Phoenix, Ariz.
MoM: 0.2%
YoY: 5.6%

Portland, Ore.
MoM: 0.2%
YoY: 6.8%

San Diego, Calif.
MoM: 0.2%
YoY: 7.4%

San Francisco, Calif.
MoM: 0.5%
YoY: 9.2%

Seattle, Wash.
MoM: 0.6%
YoY: 12.7%

Tampa, Fla.
MoM: 0.3%
YoY: 6.2%

Washington, D.C.
MoM: 0.2%
YoY: 2.8%

Featured Listings:

Enjoy Estate Living in the Smokies

1011 Margit Worsham Way, Gatlinburg
Norton Creek Estates

$1,599,000   ID#: 2111115BD/5BA, 2-half BA, 5,400+ sq ft mountain chalet.  Awe-inspiring views.  Historic features.  Ideal for perm res. or rental.

 

 

5055 Riversong Way,  Riversong Estates
$1,150,000  ID#: 204617

6 BR , 5.5 BA, Spectacular, private, gated estate in the heart of Pittman Center on over 5 acres.  Heart-stirring views.  Make it your home, or perhaps a vacation home/wedding destination!

National Real Estate Market

Prices are up, homes selling faster, new listings slightly up

Autumn began in September, but activity in the housing market remained at summer-like levels through October, according to realtor.com’s latest data preview. Prices in October were 10 percent higher than those one year ago, with the national median at $275,000 and the national median age of inventory at 73 days.

“This month we aren’t just experiencing still-summery weather—we’re also seeing a sizzlingly competitive housing market at a time when things are usually cooling off for the fall,” says Danielle Hale, chief economist at realtor.com. “With not enough homes on the market to meet the high demand, homes are selling 8 percent more quickly than a year ago even though prices are as high as they’ve ever been.

“For potential buyers who waited until fall hoping to score a bargain, the pickings are disappointingly slim,” Hale says, “but one potential bright spot for market-fatigued buyers is that new listings are up slightly from one year ago. While new listings declined in the first four months of the year, they have increased on a year-over-year basis in five of the last six months.”

Five Trends to Watch in Real Estate Nationally in 2016

Housing Recovery

 

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: 

 

 

JUST REDUCED!

A4-300x201Private, 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 >

 

 

 

 

RECENTLY REDUCED!

APrivate, 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 >

 

 

 

 

FEATURED PROPERTY!

20150908154205507062000000-oUniquely-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 >

 

 

 

 

 

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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: jason@jasonwhiteteam.com
Website: http://gatlinburgrealestateforsale.com

Solid Real Estate Growth Predicted Through The Year 2017 Nationwide

Recovery

 

As we look ahead to the coming years of 2016 and 2017 in the national real estate market, a recent forecast by the Urban Land Institute states that the real estate industry will remain sustainable and solid through the year 2017. There are many signs pointing to this kind of solid, sustained growth, including a projected net job growth of 2.9 million people per year over the next 2 years, as well as having the interest rates for 10-year Treasury notes average at or around 3%, despite any increases, and will remain lower than the long-term average of 4.1%, and other related factors, all pointing to a sustained growth through 2017 for the real estate market, barring any unforeseen downturns, crises, or other events that could change such a forecast. Very encouraging news, for sure, and could bode well heading into the new year for national real estate on the whole.

 

 

With forecasts like this that show a continued growth in real estate nationally, along with still historically low interest rates, now is a great time to see what the Great Smoky Mountain real estate market can do for you 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, November 19, 2015:

 

 

FEATURED PROPERTY!

APrivate, 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. Home incl. a lower level Priv. Master Suite w/Priv. BA w/W/P, along w/a spacious Main Lvl, w/a  new Kitchen, Living Rm w/Massive Mtn. Stone F/P, 2 BD’s, & 2 BA’s, & Loft area. Only mins. to dwtn. Gatlinburg & the 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 >

 

 

 

 

FEATURED PROPERTY!

property_03-4-Copy-Copy-300x169Incredible, Opulent, Beautiful, 3 BD/3 BA Home Located in New CenterIdeal as a permanent or 2nd home; located in a private, gated community, in the shadow of English Mountain. This immaculate home features a Large Open Great Rm w/an Open Hearth F/P, Full Kitchen, Large Master BD w/2 walk-in closets & Large Master BA w/Whirlpool, & much more. Very beautiful home, & only mins. to English Mountain, set in a nice country setting. Come see it today! Type: Single-Family Home Location: Sevierville, TN Price: $499,900  For more information >

 

 

 

 

FEATURED PROPERTY!

2906Luxurious, Majestic, 6 BD/5 BA/2 Half Bath Home Located Just Mins. to Pigeon Forge. Made $63K in rental income for 2014 alone, & incl. a recent rental assessment potential for up to $120K. This majestic home includes 4 Master Suite-style BD’s, complete w/Private BA’s, Whirlpools, & Private Walk-in Closets, a spacious Loft, a Massive Living Rm, a Large Lower Level Rec Rm, a Theater Rm, & more. Also includes great views of the Smokies, & is only mins. to the Parkway in Pigeon Forge. A great, majestic home – come see it today! Type: Single-Family Home Location: Pigeon Forge, TN Price: $599,900  For more information >

 

 

 

 

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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: jason@jasonwhiteteam.com
Website: http://gatlinburgrealestateforsale.com 

US Housing Starts Nationwide Recently Increased by 6.5% in September 2015

Puzzle Of Real Estate

 

Some very encouraging new data regarding housing starts throughout the United States was released by the U.S. Commerce Department this week. For this past month of September 2015, U.S. housing starts actually increased by 6.5%, up to a seasonally adjusted annual pace of 1.21 million units, which was actually higher than anticipated (1.15 million units) and is the sixth-straight month in which housing starts remained over 1 million units, pointing to a potential sustainable housing recovery nationwide. Housing also has a broad impact on the economy, with rising home prices increasing overall household incomes and also supporting greater consumer spending as a whole. In the South alone, housing starts increased by 0.6%, which rose overall housing starts in the region to its highest level since October 2007. With great apparent confidence in term of housing starts throughout the U.S., this could be a further sign of a recovering housing market nationwide, and will be certainly worth watching to see if this overall upward trend will continue, along with its impacts for the housing sector as a whole.

 

 

With encouraging trends like those of increased housing starts throughout the country, 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 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, October 22, 2015: 

 

 

JUST REDUCED!

ACozy, Well-Located, Rustic-Style, 3 BD/2 BA Chalet Located Only Mins. to Dwtn. Gatlinburg. Ideal as a permanent or 2nd home, or as an overnight rental. Has a gently flowing mtn. stream below this home, along w/being in a beautiful, wooded setting, while also close to the action of Gatlinburg. Home includes a Large Great Rm, each BD w/its own Private Closet space, a Loft area w/Small Den, & more. Only mins. to dwtn. Gatlinburg, the Nat’l Park, & the attractions; a great home & value – come see it today! Type: Single-Family Home Location: Gatlinburg, TN Price: $154,900  For more information >

 

 

 

 

FEATURED PROPERTY!

20150908154205507062000000-oUniquely-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 >

 

 

 

 

 

FEATURED PROPERTY!

A4-300x201Private, 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: $139,900  For more information >

 

 

 

 

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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: jason@jasonwhiteteam.com
Website: http://gatlinburgrealestateforsale.com 

Recent National Real Estate Trends Show Encouraging Outlook for the Market as a Whole

Housing Recovery

 

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:

 

 

NEW LISTING!

APrivate, 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 > 

 

 

 

 

NEW LISTING!

ABeautiful, 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 >

 

 

 

 

RECENTLY REDUCED!

4Pristine, 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 > 

 

 

 

 

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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: jason@jasonwhiteteam.com
Website: http://gatlinburgrealestateforsale.com

Exciting Trends in the National Real Estate Market for 2015 To Date

Housing Recovery

 

There are some very encouraging national real estate market trends happening that could have a very positive effect on the market, as a whole, with these trends pointing to a continued, steady growth in the market, which we have seen for much of 2015 already, and could very well continue into the remainder of this year. One of these national trends is that consumer spending rose in May at its fastest rate in nearly 6 years, which helps to fuel the economy on the whole and could also lead to higher interest rates. Another trend is that existing home sales for May 2015 surged to a level not seen in the last 5 1/2 years, showing that housing and overall economic activity were gaining steam in the 2nd quarter of 2015. Also, you have first-time home buyers leading the market, accounting for 32% of home buying transactions nationally in May 2015 alone, coupled with stronger wage growth on the part of consumers, as well. Lastly, new home sales in May 2015 were 19.5% higher year-over-year nationally, showing additional considerable strength in the market nationally. What does this mean? It means that the national real estate market is heating up, and gaining strength as we continue through 2015 – very exciting times and opportunities for potential home buyers and sellers, to be sure.

 

With such promising trends as these nationally in the real estate market, along with still historically low interest rates, now is a great time to see what the Great Smoky Mountains real estate market can do for you and your home ownership dreams. Please feel free to browse our Featured Properties today, and learn how The Jason White Team can help you realize your home ownership dreams here in the Smokies!

 

Our Featured Properties for Thursday, July 9, 2015: 

 

 

FEATURED PROPERTY!

51Brand New, 2 BD/2 BA Log Cabin Near Gatlinburg w/Spectacular Mtn. Views. Made over $23K in rental income in each of the last 2 years alone; had great rental potential. Located just 2 mi. from the dwtn. Gatlinburg Strip, & is w/in walking distance to the Gatlinburg Comm. Center, Gatlinburg-Pittman H.S., the new Rocky Top Sports World sports complex, Mills Park, & much more. Home incl. Large Great Rm, along w/2 Master Suite BD’s, w/each Suite having its own in-room W/P & Private Bath. A very nice home w/wonderful views – come see it today! Type: Single Family Home Location: Gatlinburg, TN Price: $239,900  For more information >

 

 

 

 

FEATURED PROPERTY!

APrivate, Spacious, 4 BD/4 BA Country-Style Chalet Located in Gatlinburg’s Arts & Crafts Community. Has made over $26K in rental income in each of the last 2 years alone; has great rental potential. This home offers a great degree of privacy, while only being mins. to dwtn. Gatlinburg, the Nat’l Park, & the attractions. Home includes a Large Great Rm, a spacious Loft, a Large Recreation Rm/Den, a covered front porch, & much more. A very private home in a great location – come see it today! Type: Single-Family Home Location: Gatlinburg, TN Price: $269,900  For more information > 

 

 

 

 

FEATURED PROPERTY!

AImmaculate, Spacious, 3 BD/4 BA Home Located Adj. to Gatlinburg’s Arts & Crafts Community. Ideal as a permanent or 2nd home; great location & is only mins. to dwtn. Gatlinburg, the Nat’l Park, & the attractions. This amazing home offers many well-maintained features, including, a Large Living Room, a spacious Sunroom, a Full Kitchen, Formal Dining Room, a Spacious Loft, & many more features too numerous to mention, as well as a 2-car attached garage. A great, spacious home & located close to many community amenities – come see it today! Type: Single-Family Home Location: Gatlinburg, TN Price:$325,900  For more information >

 

 

 

 

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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: jason@jasonwhiteteam.com
Website: http://gatlinburgrealestateforsale.com

U.S. Housing Market on Track for Best Year Since 2006

Housing Recovery

 

According to a recent article by Realtor.com, the U.S. housing market is currently on track for its best year since 2006, prior to the Great Recession of 2008. There are a myriad of factors of this recent optimism, and some of these factors will be mentioned here. First, recent job growth nationally has fueled the current housing market nationally, with more than 3 million new jobs created on the national level in the last 12 months alone, with 1 million of those new jobs taking place among 25-34 year olds, which the age in which most people begin looking to buy their first home. There also has been a record amount of Internet traffic at Realtor.com, with their site seeing twice the amount of web traffic of other sites, which have seen an average of 15% year-over-year traffic on their websites, as well. Also, with greater demand, there have been higher sales nationally, as well, with the median age of inventory being 66 days on the market this year, which is 8 days faster than last year, with some areas going even faster than the median age of inventory for this year. Finally, higher home prices nationally are starting to moderate somewhat, allowing for greater potential affordability in the market as a whole. These trends, and many more, on the national level show a real estate market that showing growth, and will likely continue to do so for the foreseeable future. Good and encouraging information here, and definitely worth a read today, to both potential buyers and sellers alike!

 

 

With such encouraging trends like these nationally, as well as still-historically low interest rates, now is a great time to see what the Great Smoky Mountains can do for you today. Please feel free to browse our Featured Properties, and learn how The Jason White Team can help you realize your home ownership dreams today!

 

 

Our Featured Properties for Thursday, June 11, 2015:

 

 

JUST REDUCED!

A (2)Luxurious, Beautifully-Decorated 4 BD/4 BA Log Home Located in Chalet Village. Current rental income and reservations are over $41K as of this year alone; has great rental potential. Has amazing views of Mt. LeConte & the Smokies, Large Living Rm, Combination Gourmet Kitchen & Dining Rm, 2 Master Suites, 2-car attached garage, & much more. Has easy access to city-maintained roads & services, & only mins. to dwtn. Gatlinburg, Ober Gatlinburg, & Nat’l Park. Come see it today! Type: Single-Family Home Location: Gatlinburg, TN Price: $529,900  For more information >

 

 

 

 

FEATURED PROPERTY!

ABeautiful, Massive, & Spacious, 5 BD/5 BA Home Located in New Center. Ideal as a permanent or 2nd home; also has potential as an ideal equestrian property, complete w/ paddocks, stables, & more. This beautiful property offers many opportunities, including equestrian uses, set in an ideal private, country setting. Home includes a Large Living Rm, Kitchen, Dining Area, & lots of space inside, as well as a massive multi-car garage on the outside. Only mins. to dwtn. Sevierville, Pigeon Forge, & the attractions. A great home & location – come see it today! Type: Single-Family Home Location: Sevierville, TN Price: $499,900 For more information >

 

 

 

FEATURED PROPERTY!

4Pristine, 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: $497,000  For more information >

 

 

 

 

 

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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: jason@jasonwhiteteam.com
Website: http://gatlinburgrealestateforsale.com

 

Solid Real Estate Growth Projected Through the Year 2017, According to Recent Forecast

 

Recovery

According to a recent forecast by the Urban Land Institute (ULI), the real estate market is expected to continue solid growth from this year, straight on through the year 2017. This recent forecast by the ULI suggests that a number of factors, including, but not excluded to, a strengthening national economy (i.e., lower unemployment rate, etc.), expected increases in U.S. Treasury note rates, and other related factors, are all contributing to this expected strength in the real estate market through 2017. Definitely worth keeping an eye to be sure, to see if this forecast does hold true, especially through this year, as well as into 2016 and 2017. One key factor will be the continued growth of the U.S. economy at present, and is worth watching to see if this spills over further into the national real estate market as a whole.

 

With encouraging trends like these in the national real estate market, now is a great time to see what the Great Smoky Mountains real estate market can do for you. Please feel free to browse our Featured Properties, and see how The Jason White Team can help you realize your home ownership dreams today!

 

Our Featured Properties for Thursday, April 16, 2015:

 

 

NEW LISTING!

ABeautiful, Massive, & Spacious, 5 BD/5 BA Home Located in New Center. Ideal as a permanent or 2nd home; also has potential as an ideal equestrian property, complete w/ paddocks, stables, & more. This beautiful property offers many opportunities, including equestrian uses, set in an ideal private, country setting. Home includes a Large Living Rm, Kitchen, Dining Area, & lots of space inside, as well as a massive multi-car garage on the outside. Only mins. to dwtn. Sevierville, Pigeon Forge, & the attractions. A great home & location – come see it today! Type: Single-Family Home Location: Sevierville, TN Price: $499,900 For more information >

 

 

 

 

NEW LISTING!

CWell-Built, Spacious, 3 BD/3 BA Home Located Just Blocks to Dwtn. Gatlinburg. Ideal as a permanent or 2nd home. This home sits on a level lot, & has been exquisitely renovated, both inside & out. Inside, there are 3 spacious BD’s, custom eat-in kitchen, parlor, den, & much more. Outside, you have well-maintained gardens, a gazebo, & much more. Only blocks to dwtn. Gatlinburg & the attractions, & is w/in walking distance to nearby Mynatt Park. The pictures alone do not show this home’s true beauty – come see it for yourself today! Type: Single-Family Home Location: Gatlinburg, TN Price: $425,000  For more information >

 

 

 

 

NEW LISTING!

AWell-Built, 2 BD/2 BA Log-Style Home Located Only Mins. to Dwtn. Gatlinburg. Made $16K in rental income for 2013, & made $26K in rental income for 2014; has great rental potential. This home is w/in easy walking distance to nearby area schools, Mills Park, City Trolley stops, & Rocky Top Sports World, among other attractions. Home includes a Large Living/Dining Rm, Full Kitchen, each BD having its own Private Bath & Closet space, spacious Loft, & more. Set in a relatively private location, but also close to Gatlinburg’s many attractions. A great location & value – come see it today! Type: Single-Family Home Location: Gatlinburg, TN Price: $225,000  For more information > 

 

 

 

 

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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: jason@jasonwhiteteam.com
Website: http://gatlinburgrealestateforsale.com

National Home Prices Continue Their Rise Year-Over-Year for January 2015

 

RecoveryThere is continued good news for home prices nationwide as of January 2015, in looking at a recent report by CoreLogic, measuring increases in home prices, year-over-year, from Janaury 2014 to January 2015. In the recent report, national home prices, including those of distressed sales, increased 5.7%, when looking year-over-year. According to CoreLogic’s latest forecast, home prices are expected to increase by 5.3% year-over-year, from January 2015 to January 2016, indicating continued home price growth through the year nationwide. This indicates a continued strength in home prices throughout 2015, according to this report, offers a relatively optimistic outlook as we continue into the year. Very encouraging news for the national real estate market, to be sure.

 

With home prices continuing to rise, along with continued historically low interest rates, now is a great time to see what the Great Smoky Mountains can do you today. Please feel free to browse our many Featured Properties, and learn how The Jason White Team can help you realize your home ownership dreams today, right here in the Smokies!

 

Our Featured Properties for Thursday, March 19, 2015:

 

NEW LISTING!

ACharming, Uniquely-Constructed, 2 BD/2 BA Chalet Only Mins. to Gatlinburg. Has made near or above $25K in each of the last 2 years alone; has great rental potential. Home includes 2 deck levels, a Large Great Rm w/fireplace, Open Kitchen, Master Bedroom w/Private Bath, a Lower Lvl Den, & more. Only mins. to dwtn. Gatlinburg, the Nat’l Park, Ober Gatlinburg, & the attractions. A great, uniquely-built home at a great value – come see it today! Type: Single-Family Home Location: Gatlinburg, TN Price: $112,500  For more information >

 

 

 

 

JUST REDUCED!

AWell-Built, 4 BD/2 BA/2 HBA Cape Cod-Style Home Located in Seymour. Ideal as a permanent or 2nd home. This beautiful home contains your own private, fenced-in backyard, a 2- car garage, a separate side carport, & is located on a corner lot in a well-established subdivision. Home also includes a Large Living/Family Rm, a formal Dining Rm, a Lower Level Recreation/Media Rm, each BD having its own Private Closet, & more. Only mins. to nearby shopping, & only 30 mins. to Sevierville & Knoxville; a great home & location. Come see it today! Type: Single-Family Home Price: $219,900 Location: Seymour, TN  For more information >

 

 

 

 

JUST REDUCED!

APrivate, Spacious, 2 BD/3 BA Log Cabin Located in Beautiful Pittman Center. Made near or above $20K in rental income in each of the last 2 years. Sits on 1.86 acres, creating a beautiful setting for enjoying the Smokies. Incl. a Large Living Rm, spacious Loft, Lower Lvl. Great Rm, & great views of the Smokies. Nestled in a very beautiful, wooded setting, this home is only mins. to dwtn. Gatlinburg, the Nat’l Park, & the attractions – come see it today! Type: Single-Family Home Location: Pittman Center, TN Price: $229,900  For more information >

 

 

 

 

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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: jason@jasonwhiteteam.com
Website: http://gatlinburgrealestateforsale.com