Come Enjoy the 38th Annual Gatlinburg Summer Craftsmen’s Fair from July 19-28, 2013!

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craftsmens-fair

From July 19-28, 2013, Gatlinburg is home one of the Southeast’s most popular events – the 38th Annual Craftsmen’s Fair, which will be held starting Friday, July 19th, and goes until Sunday, July 28th, at the Gatlinburg Convention  Center, located in downtown Gatlinburg.

 

The 38th annual fair features 200 booths from artisans and craftsmen all over the United States, featuring the most unique and top quality arts and crafts. There also will be free live country and bluegrass music at the event, including Dennis Lee and Band, along with Tim Watson, “The Fiddle Man,” who will perform at 12 p.m., 2 p.m. and 4 p.m. each day of the fair.

 

The 38th Annual Craftsmen’s Fair in Gatlinburg will be 10 a.m. to 6 p.m. daily, except for Sunday, which is 10 a.m. to 5 p.m. Admission for adults is $6, and children 12 and under are admitted free. The Gatlinburg Convention Center is located at Traffic Light #8 in downtown Gatlinburg. For more information, please visit http://www.craftsmenfair.com, or call (865) 436-7479.

 

Gatlinburg is home to a very unique arts and crafts community, and fairs such as the Craftsmen’s Fair, held every Summer and Fall, are highly popular and draw considerable interest to the area. In addition, these unique events are one of many reasons the Great Smoky Mountains are a great place to live or purchase an investment property. Studies continue to show that first-time homebuyers, along with looking for available properties, are also looking for a sense of place and for activities that create a greater sense of community for them. As people come to Gatlinburg to enjoy this unique event, people will also have the opportunity to explore the many properties available in the area for those looking to become a part of the many unique and special communities in and around the Great Smoky Mountains, including Gatlinburg. There are numerous home choices available, and we are here to help you through every step of your journey towards being a homeowner.

 

Here Are A Few of My Featured Listings:

3 BD/2 BA Home w/Rolling Hills This recently built 3 BD/2 BA contemporary home is located only minutes from downtown Sevierville and Dollywood in a growing subdivision. Type: Single Family Home Location: Sevierville,TN Price: $149,900 Get more information >
Chalet w/ Amazing Mtn. Views Beautiful 3 BD/3 BA Mountain Contemporary Chalet located minutes from downtown Gatlinburg and Ober Gatlinburg! Type: Single Family Home Location: Gatlinburg,Tennessee Price: $299,900 Get more information >
Beautiful Private Cabin w/City View Beautiful, private 4 Bedroom/3 Bathroom home located just below Ober Gatlinburg. Type: Single Family Home Location: Gatlinburg,Tennessee Price: $195,000 Get more information >

 

 

The Jason White Team
Century 21 Four Seasons Realty
1441 Wiley Oakley Drive
Gatlinburg, TN 37738
Toll Free: 877-678-2121
Fax: 865-436-7227
Email: jason@jasonwhiteteam.com
Website: http://www.smokymountainlifestyle.com

The Smoky Mountain Real Estate Market Keeps Climbing

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As we take a look back at the first 11 months of 2012 we see signs that 2012 will be a year marked as the time when things began a steady turn around for the real estate market. With positive news from economists, various markets throughout the country and improving statistics it is hard to ignore that real estate is climbing towards a recovery. Let’s take a look at the year to date numbers for Sevier County.

In the category of Total Residences Sold Through November we see an improvement of 14% versus the same period of 2011. As mortgage rates are staying low and the cost of rent rises we expect to see more first time buyers enter the market with Trulia reporting that almost 80% of renters surveyed said they plan to buy a home.

Total Dollar Volume Sold maintains it’s pace with an 8% increase from last year.

The Average Sold Price is still slightly down but shows an improvement from last month. New home construction is slow and is helping to push prices up. The presence of foreclosures as competition also continues to decrease as many owners have been able to take advantage of new programs to stay in their homes.

Average Time On The Market stays steady at 3% less time than last year. Properties in the area are spending just at six months on the market as an average.

According to CoreLogic National home prices have been moving up for eight consecutive months with the largest increase since June 2006. The National Association of REALTORS reported in October that the  inventory of available homes was down 22% from last year and at the lowest inventory since February 2006. As the numbers continue to improve it could be time to request a free price analysis to determine what price the current market will bear for your property, you may be pleasantly surprised. If you are considering a purchase now is the time to take advantage of still low interest rates as NAR predicts that mortgage rates will stay low in 2013 but will rise to an average of 4%. Ready to browse? Visit our website for access to all Smoky Mountain area properties that are available.

Here Are A Few Of My Featured Listings:

 

Build Your Dreams
Great opportunity to make your Smoky Mountain Dreams come true. 1.8 acre residential lot located centrally to both Gatlinburg and Pigeon Forge.
Type: Land
Location: Gatlinburg ,Tennessee
Price: $69,900
Get more information >

 

Impressive Remodel
The effective year built on this cabin is basically 2009. A very impressive top to bottom remodel has totally transformed it into one the nicest and most up to date you’ll find.
Type: Single Family Home
Location: Chalet Village
Price: $488,000
Get more information >

 

Custom Built Home On The River
Custom built home on the Pigeon River with year around mountain views in one of Sevierville’s most sought after neighborhoods.
Type: Single Family Home
Location: Sevierville,TN
Price: $379,700
Get more information >

 

As The Market Improves, Warren Buffett Says Buy Houses

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We have seen many positive reports and predictions for the American housing market so far in 2012. Both nationwide and locally we continue to see positive signs of recovery and a slow but steady climb towards market stability. Some markets are seeing values rise as inventory decreases.

In an interview earlier in the year Warren Buffett praises owning homes as an investment, saying “Well, if I thought I was going to live, if I knew where I was going to want to live the next five or ten years, I would buy a home and I’d finance it with a 30-year mortgage, it’s a terrific deal. And if, literally, if I was an investor that was a handy type, which I’m not, and I could buy a couple of them at distressed prices and find renters, and again take a 30-year mortgage, it’s a leveraged way of owning a very cheap asset now and I think that’s probably as  attractive an investment as you can make now.”

Buffett also said “If I had a way of buying a couple hundred thousand single-family homes and had a way of managing—the management is enormous—is really the problem because they’re one by one. They’re not like apartment houses. But I would load up on them and I would take mortgages out at very, very low rates.”

Though most of us are not looking to purchase “a couple hundred thousand” homes, with interest rates at all time lows, it is a great time to consider adding investment homes to your portfolio. Mr. Buffett touches on the challenges of the management of investment properties, however, in the Smoky Mountain real estate market there are several options for handling the day to day care of your property. As this is a prime vacation spot, a large number of properties are used as overnight rentals which opens the door to not only making a great investment but also having a Smoky Mountain get away of your own. If you prefer a more hands on approach many investors in the area have had success with using online marketing tools and handling the rental and management of their properties themselves. With this option you may also consider the use of a company such as Smoky Mountain Homes Not Alone, which offers customized care plans for absentee owners. They work both with homes that are vacation rentals by owner and second homes that are not used as rental. They offer a wide variety of services from cleaning and maintenance to just stopping by to open the windows and make sure everything is in order. If you prefer to be less involved there are a number of vacation rental management companies in the area that will handle the daily details and offer a wide variety of services. Our team has great relationships with these companies and we will assist you in identifying the management solution that will be a fit for your investment goals.

The Smoky Mountain real estate market offers a wide variety of choices in investment properties. Why not take a look at our website to see all that is available? If you see a property that looks like it has potential to add to your investments, let us know, we are here to help you obtain additional information about rental income history, market statistics and monthly expenses.

Here Are A Few Of My Featured Investment Properties:

Private Chalet Minutes To Downtown Produced $23,207 rental income for 2010 & right at $20,000 for 2011! Great location only a mile from the 441 Parkway and about 1.5 miles to downtown Gatlinburg. Type: Single Family Home Location: Chalet Village Price: $189,900 Get more information >

 

Close To Downtown Well over $30k rental income in both 2010 & 2011! Well built cabin in excellent condition within the city limits of Gatlinburg. Type: Single Family Home Location: Gatlinburg ,Tennessee Price: $289,900 Get more information >

 

A View From Above Did over $94K in rental income for 2010 & over $97K in 2011!!! Outstanding view of Mt LeConte in Smokies, with 5 master suites, media room, close to Gatlinburg, ski resort and National Park! Fully furnished! Type: Single Family Home Location: Gatlinburg ,Tennessee Price: $699,900 Get more information >

 

Why Should You Get Pre-Approved To Purchase A Smoky Mountain Home?

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Whether you are searching the web, talking to friends or getting ready to meet your real estate agent you have most likely been asked if you are pre-approved. Ever wonder what all the buzz is about? Let’s take an in-depth look at what it means to be pre-approved, how to do it and why we think it is such an important first step in your home search.

What It Is:
A loan officer will review your financial status, including your income, cash flow and credit score, to help you determine the maximum monthly housing payment for which you may be able to qualify, and, if qualified, “pre-approve” your mortgage before you’ve found a home. 

How To Get It:
We suggest speaking with a few lenders to shop for rates and decide who you feel most comfortable with. A great place to start is at your current bank. Next, ask us for a recommendation. We have a network of lenders that we work with who are very familiar with all aspects of purchasing in the Smoky Mountains. It only takes a short amount of your time but the benefits of  being pre-approved are numerous.

The Benefits:
*Armed with a mortgage pre-approval, you can start searching for homes with a much better idea of your price range, and in turn save time as you will know the right homes to focus on. Obtaining a pre-approval may offer more confidence and certainty to home sellers in your ability to purchase the home.

*It will give you the ability to see the homes you want to see when you start looking. Many sellers in today’s market will not approve a showing without a pre-approval being provided ahead of time.

*Purchase forms often require buyers to apply for financing within a given time period, in many cases, seven to 10 days. By meeting with loan officers in advance and identifying mortgage programs, it won’t be necessary to quickly find a lender, check credit, and rush into a financing decision that may not be the best option.

*Being pre-approved may expedite the acceptance of your offer to purchase. Many sellers will not respond to an offer to purchase without a pre-approval letter. In the meantime, they can continue to consider other offers.

*You will be in a much better negotiating position with a pre-approval in hand especially in the case of multiple offers on the same property.

If you would like more information about pre-approval or would like one of our preferred lender partners to contact you please give us a call or email anytime. We look forward to assisting in your home purchase. While you are working on that pre-approval why not take some time to browse the variety of property for sale in the area?

Here are a few of my featured listings:

 

Smoky Mountain Money Maker
Smoky Mountain money maker did over $26,000 in rental income for both 2010 & 2011. Nestled in a resort like neighborhood this large cabin is filled with amenities & is close to Dollywood.
Type: Single Family Home
Location: Pigeon Forge
Price: $179,900
Get more information >

 

Award Winning Design & Mountain Views
This home’s commanding presence and awe inspiring setting have contributed to its status as an architectural icon. Award winning design and attention to detail create a distinctive home unlike any other you’ve seen.
Type: Single Family Home
Location: Chalet Village
Price: $899,900
Get more information >

 

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: $399,900
Get more information >

 

 

Real Estate Outlook: Warning of Slow Down?

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Smoky Mountain CabinThough some economic analysts are warning that the housing market’s rebound will slow down as the weather turns colder, this week’s numbers show no hints of that. In fact, they’re actually pretty warm.

Start with house prices. The Clear Capital Home Data Index, which tracks price movements in thousands of neighborhoods and ZIP codes across the country, reported a 6.3 percent gain for the period covering August 27th through September 25th.

The latest index found prices up for the first time since 2006 in two of the hardest-hit real estate markets – Riverside-San Bernadino, California, and Orlando, Florida. Though the gains weren’t big – just 1.2 percent in Orlando, and half a percentage point in Riverside- San Bernadino – just the fact that they’re finally bottoming out has got to be good news for property owners and sellers there. Baltimore also saw its first positive price change in seven quarters on the Clear Capital Index, while other major markets continued their multi-quarter strings of gains.

Dallas-Ft. Worth, for example, saw prices rise by an average 2.3 percent. Miami-Ft. Lauderdale was up 3.4 percent, Houston 3.1 percent and even New York, which has had a tough time recently in Manhattan, posted a 1.6 percent jump. Meanwhile, the mortgage market continued to provide plenty of financing fuel for home buyers looking to use the $8,000 tax credit before it possibly disappears at the end of November.

The Mortgage Bankers Association says average thirty year rates dropped again last week in its national survey — hitting 4.89 percent — the lowest they’ve been since May. Fifteen year fixed rates decreased to just 4.3 percent, which is the lowest ever recorded in the mortgage association’s survey history. Not surprisingly, record low rates are pulling in massive numbers of new loan applications. Overall applications were up by 16 percent last week. Loans to people planning to buy homes jumped by 13 percent, while refinancing applications soared by 18 percent.

And here’s a truly amazing statistic: New mortgage applications to buy houses using FHA loans were 52 percent higher last week than they were a year ago! With mortgages flying out of banks with interest rates in the mid -to -upper four percent range, you don’t spend a whole lot of time worrying about a slowdown in the real estate rebound. Unless, of course, Congress doesn’t extend the $8,000 tax credit into next year. 
Feel free to contact the professionals at the Jason White Team for an in depth look at the Gatlinburg real estate.

                    Here are a couple of Jason’s Latest Listings!!    

 

 

 

 

Cozy Condo w/ Balcony Overlooking Stream
This conveniently located condo is only 1.5m from downtown Gatlinburg’s shopping and dining. Even has a woodburning fireplace and balcony to enjoy the beautiful mountain stream.
Type: Condo
Location: Gatlinburg ,Tennessee
Price: $86,900
Get more information >
This Spacious Home Has Lots to Offer!!
This spacious home has a wrap around deck with hot tub and covered front porch to enjoy the beauty of nature. Homeowner has included the vacant lot next door in the price and if you finish off the basement it would add 948 sq ft to this property.
Type: Single Family Home
Location: Gatlinburg ,Tennessee
Price: $185,000
Get more information >

Great Smoky Mountain National Park’s 75th Anniversary

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One of the great highlights of Smoky Mountain TN real estate is the close proximate to the Great Smoky National Park. 

This year, the park is celebrating its 75th year of existence with a variety of activities aimed at the 75 surrounding Smoky Mountain communities of the park. 

Some of the events that Smoky Mountain TN real estate residents will have to look forward too are nature hikes, exhibitions of the park’s history, festivals, lectures, and fairs. 

This celebration is planned for all year long, so don’t miss the chance to be apart of the Great Smoky Mountain National Park’s history.  The following info highlights the rest of April’s activities. 

If you would like other Smoky Mountain TN real estate please contact Smoky Mountain real estate agent, Jason White.

Spring Hike Week in Fontana Dam

4/19/2009, 4/20/2009, 4/21/2009, 4/22/2009, 4/23/2009

“Pennies for the Park: The Grassroots Campaign to Establish the Great Smoky Mountains National Park” in Knoxville

4/20/2009 – 7/5/2009

75 on the 75th Hike: Huskey Gap/Sugland Mt/Rough Creek/Little River/Huskey Gap in Fontana Dam

4/25/2009

National Junior Ranger Day4/25/2009

Greening Up the Mountains Spring Festival in Sylva

4/25/2009

Bradley Fork Hike with Carolina Mountain Club in Smokemont Campground

4/26/2009

Smoky Mountain Harmony Celebrates the Smoky Mountains with Song in Knoxville

4/27/2009

Smoky Mountain TN Real Estate Attractions, Part 1

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Smoky Mountains Scenic Byway
Smoky Mountains Scenic Byway

One of the many benefits of buying Smoky Mountain TN real estate is that you are close to the various attractions that make this area a popular tourist destination year round. 

Of course the main attraction is the Great Smoky Mountain National Park which just celebrated it’s 75th anniversary. 

Another worthy site is Dollywood.  This amusement park was created by country singer Dolly Parton and features live music, rides, crafts, and lots of good mountain food. 

If the ocean is more of your thing, visit Ripley’s Aquarium.  Over 10,000 exotic sea creatures and sharks occupy this aquarium in the mountains. 

For more information on Smoky Mountain TN real estate or Smoky Mountain property, please contact the premier Smoky Mountain real estate agent, Jason White.

Smoky Mountain TN Property

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Smoky Mountain TN Fall
Smoky Mountain TN Fall

The Great Smoky Mountain National Park is a national attraction that thousands of people enjoy every year. However the area surrounding the national park is just as beautiful and holds family attractions in the towns of Gatlinburg, Seiverville, and Pigeon Forge.

Smoky Mountain TN property in these towns is available and happens to be a great investment.  Smoky Mountain TN property has typically offered a stable and strong economic market anchored by the lucrative tourism industry. 

So whether you are looking for a rental, long-term, or vacation smoky Mountain TN property, you won’t be disappointed. 

For more information on Smoky Mountain TN properties or Smoky Mountain TN real estate, please contact Smoky Mountain real estate agent, Jason White.

Smoky Mountain TN Real Estate

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Smoky Mountain TN Real Estate
Smoky Mountain TN Real Estate

In the Smoky Mountains of Tennessee, real estate is in hot demand due to the beautiful mountain views. Smoky Mountain real estate in TN is dominated by the towns of Pigeon Forge, Gatlinburg, and Sevierville.

All these towns are wonderful communities on the way or edge to the Great Smoky Mountain National Park, thus providing Smoky Mountain real estate homeowners with the benefits of living next to a national park.

These benefits include living and working in a tourism dominated economy while enjoying year round what visitors only get to enjoy during their vacation.

For more information on how to purchase Smoky Mountains TN real estate or browse Smoky Mountain TN property, please contact Smoky Mountain TN real estate agent, Jason White.

Beautiful Smoky Mountain TN Lodge

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Smoky Mountain TN Lodge For Sale
Smoky Mountain TN Lodge For Sale

If you are interested in buying Smoky Mountain TN real estate, look no further. 

A phenomenal 15 acre Smoky Mountain Lodge is currently on the market in Gatlinburg, TN.  With 7398 square footage, 12 bedrooms and baths, this home will have room for all of your friends and family. 

The interior boasts all master suites with whirlpool tubs, king beds, entertainment centers with LCD TVs, and private balconies with a view. 

There is plenty of entertaining options with a gourmet kitchen and granite bar, a 4.8 projection screen, several game tables, two large hot tubs, and a private gazebo. 

This Smoky Mountain Lodge property is made for corporate functions or receptions with room to entertain 100 people in comfort. 

The Smoky Mountain Lodge real estate find is projected to generate over $200,000 in income this year, so priced at $1,950,000, this lodge can be a great investment. 

For more information on this Tennessee Mountain Lodge, or other Smoky Mountain TN real estate, please contact Smoky Mountain real estate agent, Jason White.