New York’s S&P/Case-Shiller Home Price Indices Show a Mixed Bag of Results

Throughout my assessment of the current real estate market, I like some diversity in the analysis of data. Today’s blog will focus on information out of New York via Standard & Poor’s/Case-Shiller Home Price Indices. This index provides both seasonally adjusted and non-seasonally adjusted data that helps track the path of single family homes in 20 large metropolitan areas across the country. Most analysis requires a time lag to post and interpret the data. The figures we are viewing are from November of 2009. With S&P/C-SHP Index we can look at individual metro areas or view the index from a 10-city or a 20-city composite to assess trends in home pricing. The good news is that most markets are showing improvement. Home prices are off their peak, but the rate of decline has slowed. Some of the country’s best markets are entering positive territory for the first time in 2 years like; Dallas, Denver, San Diego, and San Francisco. On the flip side, markets in; Las Vegas, Charlotte, Seattle, and Tampa are putting in lower prices that may establish the bottom for higher values in the future.

February Index Results

All this information is interesting, but each of us must utilize it in some way that benefits our lives. For some, the figures show that extreme bubble-inflated real estate markets are still searching for a bottom. There also seems to be a trend that; upbeat, fun, climatically-favorable markets are among the first real estate markets to recover. For those of you considering the Great Smoky Mountains, as a place for real estate purchase or sale, this current data supports us. While this area of East Tennessee saw growth at the peak, we were not unrealistic like other markets. Our area is like many of the markets that are first to recover. The Smokies has a great location, we have fun amenities available, and our climate and scenery are beautiful. We are a top location for the eastern half of the nation. Contact the Jason White Team today, to secure your personal slice of paradise for; a primary residence, a vacation home, or an investment property.

Now is a great time to view vacant land!!  Here are a few of my outstanding current listings nestled in the upscale neighborhood of Riversong:

Private-Close to Gatlinburg/Pigeon Forge
This private upscale subdivision has a common access to boulder strewn river for swimming and fishing. This lot can be built on the downside allowing for sloping drive.
Type: Land
Location: Sevierville,TN
Price: $54,900
Get more information >
Upscale Neighborhood-Close to Smoky Mtns
This property is convenient to Gatlinburg, Pigeon Forge and Sevierville but in a private, serene, wooded, upscale, subdivision which offers common access to the river for swimming and fishing.
Type: Land
Location: Sevierville,TN
Price: $64,900
Get more information >
One Mile to Great Smoky Nat’l Park!
This private lot is gently rolling, mountainous and wooded. Located in the upscale subdivision of Riversong which offers common access to the river for swimming or fishing and is centrally located for convenience.
Type: Land
Location: Sevierville,TN
Price: $64,900
Get more information >
Exclusive Home Site w/Mountain View
This level road access property offers a exclusive home site in a private, serene, wooded environment with mountain view.
Type: Land
Location: Sevierville,TN
Price: $54,900
Get more information >
Two Mtn Lots/ Serene/Wooded /Sevierville
Two lots combined in subdivision to make one fantastic private lot with no close neighbors and common area access to the river for swimming and fishing.
Type: Land
Location: Sevierville,TN
Price: $74,900
Get

Gatlinburg TN Home for Sale – 522 Otter Run

522 Otter Run, Gatlinburg TN
522 Otter Run, Gatlinburg TN

If you are looking for serene privacy and a low maintenance home to enjoy your next visit from family, then 520 Otter Run in Gatlinburg TN is the home for you.  

This unique, custom built home is in the exclusive gated estates of Norton Creek has all the quality and beauty you would expect from a Gatlinburg TN home for sale nestled into the Smoky Mountains. 

This new home features 4 bedrooms and 3.5 baths throughout its 3212 square foot layout.  Spectacular 180 degree mountain views highlight the daily sunrises, and the rushing trout stream will lull you asleep at night. 

This house is soundly built with maintenance free timber tech decking, a 50 year roof, Masonite siding,and custom oak flooring.  The attention to detail in this Gatlinburg TN home for sale is truly worth seeing. 

To set up a viewing of this house or other Gatlinburg TN properties for sale, please contact Jason White, a Gatlinburg TN real estate agent,  at 877-678-2121 or by email.

Move to Gatlinburg TN, Reason #2

No Tennessee Income Tax
No Tennessee Income Tax

Yet another reason to move to Gatlinburg TN is a statewide perk of living in Tennessee. 

There is no Tennessee state income tax. 

This means that you won’t pay any extra taxes on your income and you will only have to file one tax return in April each year. 

Since we are talking about taxes there are some exceptions to the Tennessee no income tax law and they can be found here

Jason White, a Gatlinburg real estate agent, can provide you with more information about other reasons to move to Gatlinburg TN and can show you some fantastic Gatlinburg TN real estate.

Move to Gatlinburg TN, Reason #1 Weather

Smoky Mountain Weather (chor lp on flickr.com)
Smoky Mountain Weather (chor lp on flickr.com)
The first reason you should move to Gatlinburg TN is the weather.  Gatlinburg TN sits in the Smoky Mountain altitude, so the summer heat and humidity here is much more tolerable than other parts of middle America. 
Most day’s temperatures don’t rise above 90 degrees, so you can actually be outside enjoying the beautiful surroundings instead of sitting in air conditioning 24/7. 
The winters are fairly mild with temperatures that regularly stay above freezing.  It does snow in Gatlinburg, but the amounts vary depending on your elevation. 
Jason White, a Gatlinburg TN real estate agent, can provide you with more reasons to move to Gatlinburg TN or talk to you further about the Gatlinburg TN weather.  Jason White can be contact at 877-678-2121 or by email.

Unique Attractions in Gatlinburg TN

Smoky Mountains (dmmercer on flickr.com)
Smoky Mountains (dmmercer on flickr.com)

Gatlinburg TN is a great place to escape from life and enjoy the scenery from your vacation home. 

However if you are looking for some unique attractions in Gatlinburg TN, look no further. One must see attraction is literally the scenery, but the best place to view it from is riding the Gatlinburg Sky Lift.  T

his lift will climb the side of Crockett Mountain and let you sit back and enjoy the ride. 

If eating is more of your thing, than go to the Pancake Pantry.  This pancake house has been around since 1960, and for good reason – because everything is made from scratch. 

For more information on other unique attractions in Gatlinburg TN or how you can be a permanent visitor by buying Gatlinburg TN real estate, please contact the local Gatlinburg TN real estate agent, Jason White.

Gatlinburg TN 4th Annual Smoky Mountain Tunes & Tales

Gatlinburg TN (http://www.miamiseasonalrental.com)
Gatlinburg TN (http://www.miamiseasonalrental.com)

A great festival for people visiting the Smoky Mountains this year is the Gatlinburg TN 4th Annual Smoky Mountain Tunes & Tales from June 12th – August 8th. 

This summer long festival inspires the past culture of the Smoky Mountains. 

All through downtown Gatlinburg, Appalachian history will be on display such as clogging, historical mountain melodies, and even the sound of a dulcimer. 

Also keep an eye open around 5:30 in the evening for a horse-drawn wagon which will be carrying artists to their performance areas. 

For more information on this Gatlinburg community events or Gatlinburg real estate, please contact Jason White, a Gatlinburg TN real estate agent by email or 877-678-2121.

Trillium Gap Trail near Gatlinburg TN Real Estate

Trillium Flowers (courtesy of ER Post on Flickr.com)
Trillium Flowers (courtesy of ER Post on Flickr.com)

Another great benefit of owning Gatlinburg TN real estate is the great East Tennessee hiking trails in the area. 

One such hiking trail, called the Trillium Gap Trail,  has easy access from downtown Gatlinburg TN. 

This Gatlinburg trail runs through old growth hemlock forest and behind the 25 foot Grotto Falls, which is a great place to look for salamanders.  The Trillium Gap Trail is 3 miles round trip and is moderately difficult. 

This trail outside of Gatlinburg TN is especially great during the spring and summer months because the trillium flowers, for which the trail was named for, are on full display. 

For more information on the trails surrounding available Gatlinburg TN real estate, please contact the local Gatlinburg real estate agent, Jason White.

Chalet Village Vacation Properties

Chalet Village in Gatlinburg TN (thanks to ubin_malla on flickr.com)
Chalet Village in Gatlinburg TN (thanks to ubin_malla on flickr.com)

Nestled in the hills of Gatlinburg, TN lies Chalet Village.  This beautiful area offers fully furnished cabins and chalets to house your next corporate retreat, family vacation or reunion, or even a romantic getaway in the Smoky Mountains. 

Many of these cabins and chalets offer guest fantastic view of the area and amenities such as outdoor pools and hot tubs, tennis courts, and access to up to 3 different club houses. 

Of course you and your guests will want to take full advantage of Chalet Village’s great location near the Great Smoky Mountains National Park, numerous hiking, biking, and horseback riding trails, and the fantastic fishing and wildlife viewing opportunities. 

Let’s not forget about the many golf courses that can challenge the golf aficionado in your family. 

Jason White, a local Gatlinburg real estate agent, can provide more information to any Chalet Village vacation inquiries.  Please contact him by email here or at 877-678-2121.

Gatlinburg TN Real Estate History

Gatlinburg TN Historical Cabin (Tweaker73 on Flickr)
Gatlinburg TN Historical Cabin (Tweaker73 on Flickr)

Gatlinburg TN real estate has a long and interesting history behind the area. 

First settled in 1807 by Martha Jane Huskey Ogle and her family, they choose the Gatlinburg TN area in East Tennessee in order to honor the wish of her recently deceased husband Willam’s desire to settle in the “land of paradise” he found for them before his death. 

This area was first called White Oak Flats for the abundant native white oak trees in the area.  Today this area is known as Gatlinburg and is surrounded on three sides by the beautiful Great Smoky Mountain National Park. 

Millions of people flock towards the “land of paradise” today to see this national treasure, but Gatlinburg TN real estate is available to purchase and enjoy year round. 

For more information on this “land of paradise” of Gatlinburg TN real estate, please contact Jason White, a Gatlinburg TN real estate agent.

Mountain Top House For Sale, Gatlinburg TN

Mountain Top Home For Sale, Gatlinburg TN
Mountain Top Home For Sale, Gatlinburg TN

If you are looking for the ultimate mountain house to lodge your entire family, look no further! 

This 11 bedroom, 11.5 bathroom mountain top home for sale is beautiful architectural marvel complete with hardwood floors, quality furnishings, and antique decor throughout. 

Handcrafted details prevail throughout this Gatlinburg home for sale, such as the cedar staircase and over 50 antique European stained glass windows. 

The luxurious touches in this mountain home for sale include a sun room with a swim spa and sauna, media room, and over 2500 square feet of decking that highlight the panoramic views of the Great Smoky Mountains. 

For more information about this spectacular home or other Gatlinburg real estate, please contact Smoky Mountain real estate agent, Jason White.