Your Dream Property May Currently Be in Gatlinburg For Sale

East Tennessee Smoky Mountain real estate is a desirable investment for many people.  The variety of properties make this a real cornucopia, with options available to suit just about everyone.  Buyers can choose from; primary residences, secondary/vacation homes, or income properties with various rental income options.  When you combine this blend of real estate, add in the beauty and scenic grandeur, you get an awesome place to purchase a property.  However, the premier asset for the Great Smoky Mountains is their location.  Our area is situated less than 10 hours drive from a majority of the U.S. population.  This gives owners of income property, like rental cabins, a distinct advantage.  If you are looking for a place to buy a fun investment, go on our website and register to receive property listings, and search for property any time that is convenient for you.  Your East Tennessee dream property could be only a mouse click away. 

Regular blog readers know that we like to keep everyone aware of market trends through sources, like the Great Smoky Mountains Association of Realtors.  The following data from GSMAR is for yearly total residential sales through October 31, 2010.

Total residences sold: 2010 leads 2009, with 127 more at 1318 residences sold.  This shows an 11% increase in residences sold year-to-date for our current year. 

Dollar volume sold: 2010 lags 2009 year-to-date by 15%.  The 2009 figures lead by $39,292,611.00 with a total of $259,992,803.00.  

 

Average residence sold:  2009 also leads 2010 by 23%.  The average residence in 2010 is $167,451.00 or $50,847.00 less than 2009 year-to-date. 

 

Active listings:  2010 year-to-date leads last year by 13% with active listing totals of 7,297.

 

Remember, our markets are still in the process of reaching balance after a barrage of serious federal stimulus.  Market improvement is showing mixed results that will take some time to resolve.  However, for the present, many aspects remain favorable for buying real estate in these beautiful East Tennessee Mountains.

Call today to inquire about purchasing your permanent residence, vacation home, or investment property  877-678-2121.

Here are a Couple of My Latest Listings:

Unobstructed Mtn Views/Immaculate!!
Immaculate, custom, well built home with incredible views. Enjoy the sunsets and sunrise from this unobstructed property, owning all the way to the street below. Main floor living on a cul-de-sac and walk to the Owners Club.
Type: Single Family Home
Location: Chalet Village
Price: $259,900
Get more information >
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 >
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