In the past year of 2014, and as we go into the new year of 2015, we have seen several indicators in the national real estate market that shows signs of an overall improving market as a whole. Now, recent housing indicator data from Trulia.com’s Housing Barometer seems to support such improvement, showing that all five of their indicators, namely existing home sales (excluding distressed sales), home-price levels relative to fundamentals, delinquency plus foreclosure rate, new construction starts, & the employment rate for people aged 25-34 (a key demographic in terms of measuring potential first-time home buyers and household formation), are steadily up from what they were a year prior to last year, 2013. Existing home sales showed an increase of 73% in 2013 up to 82% in 2014, home-price levels increased from 66% in 2013 to 82% in 2014, delinquency plus foreclosure rate levels went from 59% in 2013 to 76% in 2014, new construction starts went from 46% in 2013 to 53% in 2014, & the employment for 25-34 year olds went from 26% in 2013 to 46% in 2014. All of these indicators appear to a return to a more normal real estate market nationally, as we head into 2015. Very encouraging and optimistic new, to be sure, and certainly bears watching into the new year.
With these very encouraging trends nationally in real estate hearing into 2015, now is a great time to see what the Great Smoky Mountains can do for you and your home ownership dreams. Please feel free to browse our Featured Properties, and see how The Jason White Team can help you find your next home today!
Our Featured Properties for Thursday, January 15, 2015:
Spacious, Private, & Beautifully-Constructed, 3 BD/3 BA Log Cabin Only Mins. Gatlinburg & Pigeon Forge. Has made over $22K in each of the last 4 straight years, & making over $33K consistently in each of the two years alone. Includes a small private yard, paved driveway, partially wraparound deck, & great views of the Smokies. Also includes a Large Great Rm, a spacious Loft w/a Rec Rm & Master Suite-style BD, & each BD has its own Private Bath & Closet Space. Very spacious, private home – come see it today! Type: Single-Family Home Location: Gatlinburg, TN Price: $259,900 For more information >
Amazing, Rustic, 4 BD/3 BA Log Home Located in Beautiful Webb Creek. Made over $32,000 in rental income in each of the last 2 years alone. Home is a true architectural rarity, was built in 1936, & has 2 two gently flowing creeks in rear yard. Also has a massive Great Rm, along w/antique stained glass windows, a log staircase, & much more. Only mins. to Gatlinburg, the Nat’l Park, & more – come see this incredibly unique home today! Type: Single-Family Home Location: Gatlinburg, TN Price: $259,900 For more information >
Charming, Beautifully-Constructed, 1 BD/1 BA Log-Style Cabin w/Great Mtn. & Forest Views. Made over $34K in rental income in each of the past 2 years. Well-constructed, rustic-style cabin; incl. Massive Great Rm w/vaulted ceilings, Loft-Style Recreation Rm, Large Master BD w/in-room F/P & W/P, & great views of the mtns. & forests. Located in a well-established subdivision; only mins. from dwtn. Gatlinburg, the Nat’l Park, & the attractions. A beautifully-built home at a great value – come see it today! Type: Single-Family Home Location: Sevierville, TN Price: $199,900 For more information >
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: firstname.lastname@example.org