Currently, East Tennessee’s Smoky Mountain real estate is still a great location for investment. In this week’s blog, I want to share general trends in our current property market that make it a great place to buy or sell. First off, the area is positioned in a beautiful, cental location. Over 1/2 of the U.S. population lives in the eastern half of the country, within 10 hours drive of our mountains. Our location makes for an easy car ride to visit the area. Given current economic conditions, this is important. In addition to a cental location, our area overflows with a natural beauty, that the earth’s creator lavished upon these mountains. The awesome vistas are enhanced with a cornucopia of plants and animals, that add their interest into the mix. On top of natural beauty, you add the man-made attractions that have multiplied over the years. These amenities begin with outdoor-oriented fun like; camping, hiking, horse back riding, kayaking, and white water rafting. They progress into amusement opportunities like: miniature golf, go carts, and thrill rides. Then there are activities that offer simple enjoyment and relaxation. These range from; simple to higher-end dining, hot-tubbing, boating, arts and crafts, shopping, dinner theaters, or rocking on a porch viewing the wonderous mountains. The spectrum of the natural and man-made attractions in the Smokies are limited only by the participants. In addition, our high elevation playground has been mostly uneffected by oil spills and hurricanes that wreak havoc on coastal, lowland locations.
Besides beauty and location, the Smokies never got crazy in the real estate bubble of recent years. While the area’s property values increased, they never exploded like hot markets (Las Vegas). Consequently, our properties are reasonably priced compared to other areas. In addition to conservative values, buyers find prices off their highs. Property taxes and other living costs are low compared to other parts of the country.
Financing of real estate has become tighter, as a consequence of preventing future real estate melt-downs. However, qualified buyers with good credit will find mortgage rates at historic low levels. Good financing, combined with a fine selection of properties, and stabilizing home prices could make this a great time to buy or sell real estate in the Smokies. Start your property adventure on our user-friendly website. When you need local, professional expertise that knows the area well, contact the Jason White Team online or by phone at 877-678-2121 and let us help you seal the deal.
Here are a Few of My Current Listings:
Nestled Among the Trees w/ Mtn View This chalet is nestled among the trees with close access to area attractions, ski lodge, shopping and the Great Smoky Mountains National Park. Type: Single Family Home Location: Chalet Village Price: $239,900 Get more information > |
Spectacular Home w/ Spectacular Views! This spectacular custom built home offers so many unique features. Waterfall shower off master bedroom private deck, atrium green house, and includes all furniture and furnishings. Plus plenty of level parking and only one step into the cabin. Type: Single Family Home Location: Chalet Village Price: $379,900 Get more information > |
Quality Built Home on Private Corner Lot Formal,custom built home on a very nice and private corner lot in beautiful neighborhood of Belle Meadows. Close to hospital and all the amenities that Sevierville has to offer. Type: Single Family Home Location: Sevierville,TN Price: $297,000 Get more information > |