Celebrate Holiday Homecoming in the Great Smoky Mountains National Park!

OVC-Holiday-Homecoming-Music_Web

 

As we approach the Christmas holiday here in the Smokies, the Great Smoky Mountains National Park will be hosting a Holiday Homecoming at the Oconaluftee Visitor Center, this Saturday, Deember 20th, with activities starting around 10 AM. The Visitor Center itself will be decorated for the holidays, and will feature hands-on arts and crafts, live entertainment, and much more. The atmosphere will help to teach people about the many traditions of an Appalachian Christmas, and is free and open to the public to enjoy. For more information on this event inside the National Park, please feel free to visit their website regarding this unique event on Saturday. Also, if you want to explore further into the Great Smoky Mountains National Park, please feel free to visit their official website to learn about the many exciting and unique features of this amazing natural feature, right here in our own backyard!

 

With an amazing natural environment like the Great Smoky Mountains, it is no wonder why so many people come to the Smokies every year. Why not see what else the Smokies can do for you today? Please feel free to browse our Featured Properties, and learn how The Jason White Team can help you realize your home ownership dreams today!

 

 

Our Featured Properties for Thursday, December 18, 2014:

 

NEW LISTING!

ASpacious, 4 BD/3 BA Ranch-Style Home w/2-Car Attached Garage in Pigeon Forge. Ideal as a permanent or 2nd home; has a Large Lower Level Area great for an in-law suite or apartment. Home includes a decent-sized Living Rm, Kitchen/Dining Rm combo, each Bedroom having lots of private, extra closet space, two deck levels, easy access to city-maintained roads & services, & much more. Only mins. to the Parkway in Pigeon Forge, & only mins. to nearby shopping, the attractions, & more. A great, centrally-located home – come see it today! Type: Single-Family Home Location: Pigeon Forge, TN Price: $189,900  For more information > 

 

 

 

 

JUST REDUCED!

ASpacious & Well-Constructed, 3 BD/2 BA Log Cabin, Only Mins. to Dwtn. Sevierville. Great as a permanent residence or 2nd home, or as an overnight rental. Located in a well-established subdivision & very accessible, this home has great partial views of the Smokies from the front of the home, along w/having a Large Great Rm, a 180-degree wraparound deck, a spacious Loft w/a spacious Rec Rm, & has lots of space. Only mins. to dwtn. Sevierville, Pigeon Forge, Dollywood, & the attractions; a great, well-built home in a great location – come see it today! Type: Single-Family Home Location: Sevierville, TN Price: $139,900  For more information > 

 

 

 

 

FEATURED PROPERTY!

APrivate Log Cabin w/Amazing Countryside Views Near Pigeon Forge. Has made over $21,000 in rental income in each of the last 2 years; has great rental potential. This beautiful, private log cabin sits on 2.43 acres in a picturesque countryside setting. Home includes a Large Great Rm, a spacious Loft area, & much more. Very private location, with this home situated on its own private hillside, w/creek & pastoral views that are truly one-of-a-kind. Only mins. to scenic Wears Valley, as well to Pigeon Forge, Gatlinburg, & the attractions. Come see it today! Type: Single-Family Home Location: Pigeon Forge, TN Price: $179,900  For more information > 

 

 

 

 

 

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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: jason@jasonwhiteteam.com
Website: https://gatlinburgrealestateforsale.com

Latest National Trends Show Existing Home Sales Are Up in Almost Every Price Range

Recovery

There is very good news to report nationally regarding existing home sales, according to a recent November 2014 report from the National Association of Realtors (NAR). According to the NAR’s latest report, existing home sales nationally increased in October 2014, which makes it the second straight month for such an increase, along with this being the first year-over-year increase in existing home sales nationally since October 2013, one year ago. In addition, nearly every price range, except for home prices $100,000 and lower (which showed a decline of -6.0% nationally), showed at least a 9.7% existing home sales increase nationally in every other price range category for homes priced $100,000 and higher. Also, the NAR report, which was issued in November of this year, shows that existing home sales are now at their highest pace since that of September 2013, indicating a continued upward trend for national existing home sales throughout the remainder of 2014, and possibly into 2015. Very encouraging news regarding the national real estate market!

 

With this recent news of upward existing home sales nationally, as well as continued, historically low interest rates, now is a great time to consider a wonderful place like the Great Smoky Mountains to call as your next potential home. Why not see what else the Smokies can do for you today? Please feel free to browse our Featured Properties, and see how The Jason White Team can make your home ownership dreams a reality today!

 

Our Featured Properties for Tuesday, December 16, 2014:

 

JUST REDUCED!

AVery Private, 2 BD/2 BA Log-Style Home w/Breathtaking Mtn. Views. Made over $17K in rental income in 2012, & over $22K in rental income in 2013; has enormous rental potential. Has some of the most outrageous views of the Smokies that you will ever see. Incl. 3 1/2+ acres of property, ample parking, Massive Great Rm, Upstairs Loft, & more. Only mins. to Gatlinburg, Pigeon Forge, & Dollywood; come see these amazing mtn. views today! Type: Single-Family Home Location: Pigeon Forge, TN Price: $249,900  For more information > 

 

 

 

 

 

FEATURED PROPERTY!

APrivate, 3 BD/3 BA Log Cabin w/Great Mtn. Views in Pigeon Forge Resort Community. Has made over $32K in rental income in each of the last 2 years; great rental potential. Home is located in a well-established Pigeon Forge-area resort community; includes 2 game rms, a Living Rm, 2 fireplaces, and is a beautifully-decorated log cabin on the inside & out. Only mins. to Pigeon Forge, Dollywood, & the attractions; a very nice log cabin w/greta mtn. views – come see it today! Type: Single-Family Home Location: Pigeon Forge, TN Price: $289,900  For more information > 

 

 

 

 

 

FEATURED PROPERTY!

ASpacious Home w/Large Front & Back Yards in Great Sevierville Subdivision. Great as a permanent residence or as a 2nd home, all w/in easy access to city-provided services (i.e., water/sewer, roads, etc.). 4 BD/2.5 BA, w/side entry garage, large living rm, nice den/office area, & great front yard views. Only mins. from dwtn. Sevierville, Pigeon Forge, Dollywood, the attractions, & nearby shopping. Part of a well-established Sevierville subdivision; great home & location! Type: Single-Family Home Location: Sevierville, TN Price: $239,900  For more information > 

 

 

 

 

 

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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: jason@jasonwhiteteam.com
Website: https://gatlinburgrealestateforsale.com

Celebrating 25 Years of Winterfest in Sevier County!

Gatlinburg-Winter

 

Sevier County is celebrating the 25th Anniversary of Winterfest this year, which is a County-wide featuring a multitude of events and activities in Gatlinburg, Pigeon Forge, & Sevierville! There are many great activities during the holiday season and during Winterfest, including Pigeon Forge’s annual Trolley Tour of Lights, as well as Gatlinburg’s Winter Magic, showcasing a number of events and activities in and around Gatlinburg, and much more! This year is the 25th annual Winterfest, promising to bring many thousands of people to our area to enjoy the holiday season. For more information on Winterfest in the Smokies during its 25th anniversary, you can check out their website today to learn more about all of the events and activities during the holiday season! Happy Holidays, everyone!

 

With the holidays upon us, many people are coming to our area to see and experience the wonder of the Great Smoky Mountains! Why not see what else the Smokies can do for you today? Please feel free to browse our Featured Properties, and see how The Jason White Team can help you realize your home ownership dreams today!

 

Our Featured Properties for Thursday, December 11, 2014:

 

NEW LISTING!

AWell-Built, 4 BD/2 BA/2 HBA Cape Cod-Style Home Located in Seymour! Ideal as a permanent or 2nd home! This beautiful home contains your own private, fenced-in backyard, a 2- car garage, a separate side carport, & is located on a corner lot in a well-established subdivision! Home also includes a Large Living/Family Rm, a formal Dining Rm, a Lower Level Recreation/Media Rm, each BD having its own Private Closet, & more. Only mins. to nearby shopping, & only 30 mins. to Sevierville & Knoxville; a great home & location! Come see it today! Type: Single-Family Home Price: $229,900 Location: Seymour, TN  For more information >

 

 

 

 

 

JUST REDUCED!

FPrivate, 2 BD/2 BA Home Within Walking Distance to Dwtn. Gatlinburg! Good potential as a permanent or 2nd home, or as an overnight rental! Home has a wraparound deck on the front & side, w/living rm w/a masonry, woodburning F/P, & both BD’s on the 2nd floor for maximum privacy. Located off a private drive, & in a wooded setting, but is only mins. away from dwtn. Gatlinburg & City Trolley stops. Well-built & in excellent condition – great location! Type: Single-Family Home Location: Gatlinburg, TN Price: $185,900  For more information >

 

 

 

 

 

FEATURED PROPERTY!

APrivate, 3 BD/ 3 BA, Contemporary Chalet Near Ober Gatlinburg w/Spectacular Mtn. Views! Made $17,000+ in rental income in last 2 years; has great rental potential! Home incl. a Large Lower Level Recreation Rm/Den area, Large Living/Dining Rm, 2 decks, & level parking, & much more! Also only mins. to dwtn. Gatlinburg, Ober Gatlinburg, the Nat’l Park, & the attractions, all w/great mtn. views – a must see! Type: Single-Family Home  Location: Gatlinburg, TN Price: $169,900  For more information >

 

 

 

 

 

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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: jason@jasonwhiteteam.com
Website: https://gatlinburgrealestateforsale.com

Heading Into December 2014, The Great Smoky Mountains Real Estate Market Holds Steady

Buyers Road and Sellers Lane

Throughout 2014 to date, we have seen the local & national real estate markets showing largely gradual, but steady, growth in several key real estate market categories. As we look at the statistics for the Great Smoky Mountains real estate market through November of 2014, we will see that such trends, particularly in the Great Smoky Mountains real estate market, continue to largely show these same trends of gradual, but steady, growth that we also see nationally. Let’s now see what the numbers have to say for November of 2014, as compared to those one year ago, in November of 2013.

In the category of Residences Sold, we see that in comparing November of 2014 to that of November of 2013, the number of residences sold actually declined slightly by 2% in terms of homes being sold, as there were 24 fewer homes that were sold as of the end of November of 2014, as opposed to November of 2013. While this still reflects a departure from the largely prevailing trend of increased home sales seen previously earlier in 2014, this also could indicate that with declining inventory, which has taken place now for the last couple of months here locally, people are still actively looking for properties to buy and purchase on the open market. However, this is a smaller numerical decline that from last month (October), not necessarily by percentage, which has remained the same at a decline of 2%, but in terms of the decrease in sales of the actual numbers of homes (35 fewer homes sold in October, as opposed to 24 fewer homes sold in November). While it is way too early to say if such a trend will continue, this category certainly bears watching to see if these statistics will change, or will reverse themselves entirely, as we continue into the Winter months of 2014 and into the new year of 2015.

GRAPH 1 - RESIDENCES SOLD

In the category of Residential Dollar Volume from November of 2014, as opposed to November of 2013, we see an increase of 7% in terms of dollar volume through November of 2014, as compared to November of 2013, which remains the same as that of October’s percentage (also a 7% increase), and continues to reflect a general upward trend in terms of Residential Dollar Volume throughout 2014 so far. This shows a continued local, as well as national, trend of relatively steady growth in terms of this category, continuing to reflect the higher home prices that have been taking place for over a year or so now on a national scale.

GRAPH 2 - RESIDENTIAL DOLLAR VOLUME

There is also continued good news for sellers in the Average Sold Price Category. For November of 2014, as compared to that of November of 2013, average sold prices show an increase of 9%, which remains the same as that of October’s percentage (also a 9% increase) showing a continued trend of gradually higher average home prices on both the local & national levels, and this statistic has remained largely constant for the past year or so. As confidence continues to slowly grow in both the local and national markets, we foresee that this relatively steady trend of higher home prices will likely continue for at least the short-term horizon, if not longer.

GRAPH 3 - AVERAGE SOLD PRICE

In addition, available homes on the market are continuing to show a slight decrease, which has also occurred over the last couple of months, as well. Through November of 2014, as opposed to November of 2013, the number of available homes did decline by 2%, or reflects a decrease of 93 homes in terms of available inventory, which is still one of the larger declines of available inventory seen in at least the last couple of months in the local Great Smoky Mountains real estate market. This actually is still largely in line with the latest national real estate trends, which also shows a small decline in available home inventory as a whole. This may foretell that with declining inventory, the local market is beginning to show some possible movement towards more people wanting to buy the many available properties currently on the market, and with higher home prices, more people are feeling a greater sense of confidence in placing their homes for sale on the market. We will continue watching to see if this particular trend continues, and see what it does for the real estate market as a whole, both here locally, as well as nationally.

GRAPH 4 - AVAILABLE INVENTORY

As the markets continue these gradual trends of growth locally and nationally, these statistics are largely expected to remain largely steady at least for the short-term, largely continuing the same continued gradual, but steady, growth that has been seen now for over the last few months. Mortgage rates still remain at historically low rates, and there are still plenty of housing options to choose from, especially in the Great Smoky Mountains real estate market. Why not start your Great Smoky Mountains home search today by browsing our Featured Properties, and seeing what the Smoky Mountains area has to offer for you today? You can also browse our Team website further to learn more about The Jason White Team today, and see how we can help you make your home ownership dreams a reality today!

 

Our Featured Properties for Tuesday, December 9, 2014:

 

NEW LISTING!

DSC_2513Luxurious, Spacious, 5 BD/5.5 BA Log-Style Chalet Only Mins. to Dwtn. Gatlinburg! Made over $40K in rental income in 2013, & has made over $55K in 2014!!! Home incl. 3 large deck lvls. from which to enjoy amazing views of Mt. LeConte & the Smokies, along w/each BD Suite having its own Private Bath & Closet, a Large Living Rm w/high, vaulted ceilings, 2 Dining Rm areas, a Large Lower Level Recreation Rm/Den, & more! Only mins. to dwtn. Gatlinburg, the Nat’l Park, & the attractions; a great, luxurious home in a great location – come see it today! Type: Single-Family Home Location: Gatlinburg, TN Price: $430,000  For more information >

 

 

 

 

 

JUST REDUCED!

ZCPrivate, Well-Built, 3 BD/2.5 BA, Log Cabin in Sevierville, w/Amazing Mtn. Views! Has made over $23K so far in rental income for 2014; has enormous rental potential, or also great for a permanent or 2nd home! Enjoy privacy, mtn. views & great outdoor spaces w/this home, sitting on 4+ acres of property! Incl. soaring ceilings, breakfast bar, 2-car attached garage, level yard, spacious deck areas, & much more. Only mins. to Sevierville, Pigeon Forge, Dollywood, & nearby area attractions, this home is truly a top-notch home – come see it today! Type: Single-Family Home Location: Sevierville, TN Price: $295,000  For more information >

 

 

 

 

 

FEATURED PROPERTY!

ALuxurious, Beautiful, 5 BD/5.5 BA Log Cabin Only Mins. to Dwtn. Gatlinburg! Has made over $55K in rental income in each of the last 2 years alone!!! Home has each BD having its own Private Bath, along w/a Large Great Rm w/vaulted ceilings, a Large Lower Level Recreation Rm, 2 deck levels to enjoy amazing views of Mt. LeConte & the Smokies, & much more! Only mins. to U.S. Hwy. 321, nearby City Trolley stops, dwtn. Gatlinburg, the Nat’l Park, & the attractions; this home is truly luxurious & is in a great location – come see it today! Type: Single-Family Home Location: Gatlinburg, TN Price: $429,900  For more information >

 

 

 

 

 

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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: jason@jasonwhiteteam.com
Website: https://gatlinburgrealestateforsale.com

Gatlinburg Celebrates The 39th Annual Festival of Lights Parade!

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Tomorrow is a very exciting event for the Gatlinburg area, and is an event that has become a regular Christmas tradition – the Gatlinburg Festival of Lights Parade! This year is the 39th Annual Festival of Lights Parade, which will start at 7:30 PM tomorrow, December 5, 2014, in downtown Gatlinburg, going from Traffic Light #1A on the East Parkway (U.S. Hwy. 321), winding its way through downtown Gatlinburg, and then ending at Traffic Light #10 (Ski Mountain Road). There will be notable portions of this event for tomorrow, and one of them is an attempt to break an established world record – there will be red noses distributed to everyone in attendance for the Parade, with an expectation that 20,000 people will be wearing red noses simultaneously for 5 minutes, which would break the current world record of 16,092 red noses, set in Australia in 2011. There will also be lots of fun, entertainment, and excitement for people of all ages! For more information on the Parade tomorrow, please visit the official website for the Gatlinburg Festival of Lights Parade. Lastly, you can also visit the official Gatlinburg Winter Events page, to learn about other holiday-related events and activities in the Gatlinburg area, as well.

 

With Christmas about to be upon us, the holiday season presents many opportunities for excitement in the Great Smoky Mountains! Why not see what else the Smokies can do for you today? Please feel free to browse our Featured Properties, and see how The Jason White Team can help you realize your home ownership dreams today!

 

Our Featured Properties For Thursday, December 4, 2014!

 

 

NEW LISTING!

APrivate, Cozy, Well-Maintained 1 BD/1 BA Log Cabin Only Mins. to Dwtn. Sevierville! Ideal as a permanent or 2nd home, or as an overnight rental! Home is located in well-established, gated community, & is set in a beautiful, private setting, & includes a Large Great Rm, a Master BD w/Private Bath w/ W/P, a spacious Screened-in Porch, a large covered deck, & more! Located only mins. to dwtn. Sevierville, Pigeon Forge, Dollywood, & the attractions; a great, private log cabin in well-maintained community! Come see it today! Type: Single-Family Home Location: Sevierville, TN Price: $104,900  For more information >

 

 

 

 

 

FEATURED PROPERTY!

51Brand New, 2 BD/2 BA Log Cabin Near Gatlinburg w/Spectacular Mtn. Views! Made over $23K in rental income in each of the last 2 years alone! Located just 2 mi. from the Dwtn. Gatlinburg Strip, & is w/in walking distance to the Gatlinburg Comm. Center, Gatlinburg-Pittman H.S., the new Rocky Top Sports World sports complex, Mills Park, & much more. Home incl. Large Great Rm, along w/2 Master Suite BD’s, w/each Suite having its own in-room W/P & Private Bath. A very nice home w/wonderful views! Type: Single Family Home Location: Gatlinburg, TN Price: $247,900  For more information >

 

 

 

 

 

FEATURED PROPERTY!

APrivate, Uniquely-Constructed, 3 BD/3 BA Cottage-Style Home Within Walking Dist. to Dwtn. Gatlinburg! Great for a permanent or 2nd home, or as an overnight rental! Includes a detached 2-car garage, 2 Master Suite-style BD’s w/Priv. BA’s, a spacious Sunroom/Dining Rm, & seasonal mtn. views. Also located on a private, dead end street, & is truly a uniquely-designed & built home, literally w/in walking dist. to the attractions of Gatlinburg! Come see this home today! Type: Single-Family Home Location: Gatlinburg, TN Price: $268,900  For more information >

 

 

 

 

 

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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
Email: jason@jasonwhiteteam.com
Website: https://gatlinburgrealestateforsale.com

National Home Prices Rose at Their Fastest Pace in 7 Months in October 2014

real estate investment

Good afternoon! Welcome to a new feature for our regular Blog posting – we will now post our Blog twice a week, including even more great and insightful information about the real estate market (locally and nationally), along with local area information, upcoming area events, and much more! Today, we spotlight a very encouraging national real estate market statistic released by CoreLogic just today, which indicates that in October 2014, home prices rose at a faster year-over-year pace than that of September 2014, with October showing an increase of 6.1% in home prices, as measured from prices in October 2013, as opposed to that of September 2014, as measured from prices in September 2013, which showed an increase in home prices of 5.6%. In addition, CoreLogic also forecasts that home prices may further increase by an additional 5.1% over the next 12 months, meaning that half of all U.S. homes will match or surpass their pre-recession prices by the middle of 2015. Very encouraging news regarding the state of the national real estate market, for sure!

With this recent faster pace of national home price growth in October, along with historically-low interest rates, there are many great opportunities here in the Great Smoky Mountains for both home buyers and sellers alike! Why not see what else the Smokies can do for you today? Please feel free to browse our many Featured Properties, and see how The Jason White Team can help you realize your home ownership dreams today!

 

Our Featured Properties for Tuesday, December 2, 2014:

 

JUST REDUCED!

ALuxurious, Spacious Condo Unit w/Majestic Views of Mt. LeConte & the Smokies! 3 BD/3 BA unit, w/spacious den area, large living/dining rm, large Master BD, fully-equipped kitchen, immaculate tile & wood floors, & much, much more! Property is a part of a well-maintained & established condo complex, including access to many community amenities, incl. clubhouse, pool, & more! Great Luxury in the Smokies at a great value, complete w/breath-taking mtn. views – a definite must see! Type: Condominium Location: Gatlinburg, TN Price: $319,900  For more information >

 

 

 

 

RECENTLY REDUCED!

DJI00072Incredible, 4 BD, 5 1/2 BA, Log-Style Home Adj. to the Nat’l Park! Has made right at $60K in rental income consistently since 2010! Enjoy total privacy & luxury, while taking in the relaxing sounds of the Little Pigeon River & amazing, beautiful views of the Smokies! Incl. 4 luxury Master Suite BD’s, a Large Rec Rm, a private, sound proof theatre rm, & more! Only mins. to dwtn. Gatlinburg, the Nat’l Park, & much more – come see it today! Type: Single-Family Home Location: Gatlinburg, TN Price: $597,000  For more information >

 

 

 

 

FEATURED PROPERTY!

DSC_0309Luxurious, Beautiful Log Home Only Mins. to Dwtn. Gatlinburg and the Nat’l Park! Made over $75K in rental income in 2013 alone; w/in walking dist. to nearby comm. amenities, including Gatlinburg Comm. Center, Gatlinburg-Pittman H.S., Mills Park, & the new Rocky Top Sports World sports complex! Incl. Large Living Rm, Large Dining Area, Large Rec Rm/Den, Massive Loft Den, each BD Suite having its own Private Bath & Walk-in Closet, & much more! Only mins. to dwtn. Gatlinburg, as well to nearby shopping & the Nat’l Park! Come see it today! Type: Single-Family Home Location: Gatlinburg, TN Price: $599,900  For more information >

 

 

 

 

 

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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: jason@jasonwhiteteam.com
Website: https://gatlinburgrealestateforsale.com

Happy Thanksgiving From The Jason White Team!

Thanksgiving-Cornucopia

From all of us here at The Jason White Team and Century 21 Four Seasons Realty, Inc., here in Gatlinburg, TN, we want to wish everyone a very Happy Thanksgiving! We hope that you will enjoy your time with friends and family, and if you are visiting our area, whether for the first time or are returning to visit the Gatlinburg area again, we welcome you to the Great Smoky Mountains and hope that you will have a great experience and lots of fun!

On that note, here’s a fun and quick piece of news about Thanksgiving and the Gatlinburg area that is great news for our area! According to a recent news article, TripAdvisor recently named Gatlinburg, TN in its Top 10 for Thanksgiving travel destinations. With ther many great area attractions like the Great Smoky Mountains National Park, Ripley’s Aquarium of the Smokies, and Ober Gatlinburg, there are plenty of things to do, see, experience, and enjoy in and around the Gatlinburg area, and especially during holidays like Thanksgiving and Christmas! There are many great events and activities going on in and around the Gatlinburg area during the holiday season, as well, and you can check out more about these events, simply by visiting the City’s website today!

With the holiday season now upon us, the Great Smoky Mountains help to create a wonderful environment and atmosphere for people of all ages to enjoy! Why not see what else the Smokies can do for you today? Please feel free to browse our Featured Properties, and see how The Jason White Team can help your realize your home ownership dreams today!

 

This Week’s Featured Properties:

 

NEW LISTING!

ACozy, Picturesque, 1 BD/1.5 BA Mountain Chalet w/Panoramic Mtn. Views! Made over $17K in rental income in 2013, & has made over $24K in rental income so far in 2014! Home has amazing, panoramic views of Mt. LeConte & the Smokies from a Large Rear Deck, & also includes a Large Great Rm, a Master Suite-style BD w/in-room W/P & Private BA, a Recreation Rm, & much more. Only mins. to dwtn. Gatlinburg, the Nat’l Park, & the attractions, this home is in a great location & truly incredible views of the Smokies – come see it today! Type: Single-Family Home Location: Gatlinburg, TN Price: $209,900  For more information >

 

 

 

 

 

RECENTLY REDUCED!

ZCPrivate, Well-Built, 3 BD/2.5 BA, Log Cabin in Sevierville, w/Amazing Mtn. Views! Has made over $23K so far in rental income for 2014; has enormous rental potential, or also great for a permanent or 2nd home! Enjoy privacy, mtn. views & great outdoor spaces w/this home, sitting on 4+ acres of property! Incl. soaring ceilings, breakfast bar, 2-car attached garage, level yard, spacious deck areas, & much more. Only mins. to Sevierville, Pigeon Forge, Dollywood, & nearby area attractions, this home is truly a top-notch home – come see it today! Type: Single-Family Home Location: Sevierville, TN Price: $325,000  For more information >

 

 

 

 

 

RECENTLY REDUCED!

DSC_1457Luxurious, 3 BD/3 BA Log Cabin Only Mins. to Dwtn. Gatlinburg! Made over $41K in rental income in each of the last 2 yrs. alone; has enormous rental potential! This well-built cabin includes many unique architectural features, w/each BD has its own Private Bath & deck access. Home also includes a Large Great Room, a Large Reecreation Room, 3 different deck levels, & much more. Only mins. to dwtn. Gatlinburg, the Nat’l Park, City trolley stops, & the attractions, but is still in a very private location – come see it today! Type: Single-Family Home Location: Gatlinburg, TN Price: $339,900  For more information >

 

 

 

 

 

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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: jason@jasonwhiteteam.com
Website: https://gatlinburgrealestateforsale.com

Five National Real Estate Market Trends to Watch for 2015

Housing Recovery

 

As we head towards the end of 2014, and look ahead to 2015, there are five noteworthy trends to watch for the national real estate market, according to the National Association of Realtors (NAR), which looks ahead to see what potential sellers and buyers can possibly expect for the coming year in terms of the national real estate market.

The first of these national trends focus on an expected modest rise in average mortgage rates for the coming year, ranging from an average of 4.6%, and then inching up towards 5% by the end of 2015, according Freddie Mae’s latest projections, indicating a likely rise in mortgage rates nationally, even though these rates will still largely remain at historically low levels on average. The second of these trends shows that the ongoing gradual increase of home prices will slow a bit, but still increase by 3% in terms of average home appreciation. According to Freddie Mae’s economists, while home prices will slow their ongoing rise, home affordability, at least historically speaking, will remain high on average. The third main trend to watch in the coming year is the projected increase in homebuilding, with this expected to rise nearly 20% in 2015, which may help total home sales increase by 5%, reaching the best sales pace in 8 years. Two additional trends focus on a likely projected decrease of 8% in single-family mortgage originations, although there will be a projected 14% increase in multi-family mortgage originations. Lastly, a broader trend expected is that the U.S. economy as a whole is poised to sustain a growth rate of 3% in 2015, which would be the 2nd year in the past decade with a growth rate at such a pace or better, according to Frank Nothaft, the chief economist for Freddie Mae. On the whole, these trends show a continued gradual growth in the national real estate market, as well as a continued gradual recovery in the housing market for 2015. For more on this very insightful article from the National Association of Realtors, please click on this link to find out more today!

As we look to the coming year, with mortgage rates nationally still expected to remain at historically low levels, along with home prices remaining historically high on average, there are many great real estate opportunities available for buyers and sellers alike, both now, and heading into 2015, especially here in the Great Smoky Mountains! Now is a great time to take advantage –  why not see what the Smokies can do for you today? Please feel free to browse our Featured Properties, and see what The Jason White Team can do for and your real estate dreams today!

 

This Week’s Featured Properties:

 

RECENTLY REDUCED!

APicturesque, 2 BD/2 Full BA & 2 Half BA, Victorian-Style Chalet Only Mins. to Gatlinburg! Made near or above $20K in rental income in each of the last 3 yrs.; has enormous rental potential! Each BD in this home has its own in-room W/P & Priv. Bath, along with including a Large Lower Level Great Room, a formal Dining Room, & much more. Has amazing views of both Mt. LeConte & the Smokies, & is only mins. to dwtn. Gatlinburg, the Nat’l Park, & the many area attractions. A very uniquely designed home & a great location – come see it for yourself today! Type: Single-Family Home Location: Gatlinburg, TN Price: $269,000  For more information >

 

 

 

 

 

FEATURED LISTING!

ZD2Private, 2 BD/2 BA Bungalow-Style Mountain Chalet Only Mins. to Gatlinburg! Made nearly $12K in rental income in 2013; has enormous rental potential, or can be a wonderful permanent or 2nd home! Each BD has own Priv. BA, closet, in-room W/P, & deck access, w/a sauna rm in Master BD. Incl. Massive Great Rm, level parking, & great seasonal, winter mtn. views. Has addt’l 1/2 acre across the street; can be used as a detached garage. Only mins. from Gatlinburg, the Nat’l Park, & Pigeon Forge. A well-decorated, spacious home at a great value! Type: Single-Family Home Location: Gatlinburg, TN Price: $199,900  For more information >

 

 

 

 

 

FEATURED LISTING!

ABeautiful, Cottage-Style, 1 BD/1.5 BA Chalet Only Mins. to Gatlinburg! Great as a permanent or 2nd home, or as an overnight rental! Enjoy mtn. living in this comfortable, cottage-style home; includes a spacious Great Rm on the Main Level, an even Larger Master Suite BD on the 2nd level (incl. in-room W/P, Private BA, & a screened-in deck area w/hot tub), a flowing mtn. stream in the front of the property, & much more! Only mins. to dwtn. Gatlinburg, the Nat’l Park, & the attractions; a great cottage-style home w/great potential! Type: Single-Family Home Location: Gatlinburg, TN Price: $149,900  For more information >

 

 

 

 

 

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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: jason@jasonwhiteteam.com
Website: https://gatlinburgrealestateforsale.com

The Ripken Experience Baseball Complex is Coming to Pigeon Forge!

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This morning, the City of Pigeon Forge officially broke ground on a new attraction – the Ripken Experience Pigeon Forge! This brand new, state-of-the-art, youth baseball complex officially started construction today in Pigeon Forge, with a groundbreaking ceremony featuring none other than the baseball legend, Cal Ripken, Jr., himself, along with other City officials. This brand new $22.5 million youth baseball complex will feature six different baseball stadiums that will replicate professional fields, along with a 2-story, 14,000 square foot clubhouse, among other notable features of this new facility. The Mayor of Pigeon Forge, David Wear, expects the new facility to bring about $40 million in revenue each year to the City, with construction being completed in December 2015, and officially opening for play in March 2016. A very exciting opportunity for our area, to be sure! For more information on this brand new facility, please visit this website to read more about today’s groundbreaking, and you can also go to the Ripken Experience’s official website to learn more about this new facility and its many features.

With new attractions and facilities like the Ripken Experience Pigeon Forge, as well as the recently opened Rocky Top Sports World in Gatlinburg, it is no wonder why so many people, young and old alike, want to come to the Great Smoky Mountains every year, and experience the wonder and majesty of the Smokies! Why not see what else the Smokies can do for you today? Please feel free to browse our Featured Properties, and learn more about how The Jason White Team can help you realize your home ownership dreams today!

 

This Week’s Featured Properties:

 

NEW LISTING!

ANice, Multi-Level, 3 BD/3 BA Townhouse-Style Condo W/in Walking Distance to Dwtn. Gatlinburg! Ideal as a permanent or 2nd home, or as an overnight rental! This townhouse-style condo features an attached 1-car carport, a Large Great Rm, a spacious Loft, each BD having its own Private BA & Closet space, & has Baskins Creek flowing in front of this well-established condo complex, all w/in walking distance to dwtn. Gatlinburg’s attractions. Also only mins. to the Nat’l Park & other area attractions. A great townhouse-style condo in a great location – come see it today! Type: Condominium Price: $129,900 Location: Gatlinburg, TN  For more information >

 

 

 

 

JUST REDUCED!

ASpacious & Well-Constructed, 3 BD/2 BA Log Cabin, Only Mins. to Dwtn. Sevierville! Great as a permanent residence or 2nd home, or as an overnight rental! Located in a well-established subdivision & very accessible, this home has great partial views of the Smokies from the front of home, along w/having a Large Great Rm, a 180-degree wraparound deck, a spacious Loft w/a spacious Rec Rm, & has lots of space. Only mins. to dwtn. Sevierville, Pigeon Forge, Dollywood, & the attractions; a great, well-built home in a great location – come see it today! Type: Single-Family Home Location: Sevierville, TN Price: $142,900  For more information >

 

 

 

 

 

FEATURED LISTING!

AVery Private, 2 BD/2 BA Log-Style Home w/Breathtaking Mtn. Views! Made over $17K in rental income in 2012, & over $22K in rental income in 2013; has enormous rental potential! Has some of the most outrageous views of the Smokies that you will ever see! Incl. 3 1/2+ acres of property, ample parking, Massive Great Rm, Upstairs Loft, & more. Only mins. to Gatlinburg, Pigeon Forge, & Dollywood; come see these amazing mtn. views today! Type: Single-Family Home Location: Pigeon Forge, TN Price: $259,900  For more information >

 

 

 

 

 

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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: jason@jasonwhiteteam.com
Website: https://gatlinburgrealestateforsale.com

Heading Into November 2014, The Great Smoky Mountains Real Estate Continues To Hold Steady

Buyers Road and Sellers Lane

Throughout 2014 so far, we have seen the local & national real estate markets showing largely slow, but steady, growth in several key real estate market categories. As we look at the statistics for the Great Smoky Mountains real estate market through October of 2014, we will see that such trends, particularly in the Great Smoky Mountains real estate market, continue to largely show these same trends of slow & steady growth that we are also seeing nationally. Let’s now see what the numbers have to say for October of 2014, as compared to those one year ago, in October of 2013.

In the category of Residences Sold, we see that in comparing October of 2014 to that of October of 2013, the number of residences sold actually declined slightly by 2% in terms of homes being sold, as there were 35 fewer homes that were sold as of the end of October of 2014, as opposed to October of 2013. While this still reflects a departure from the largely prevailing trend of increased home sales in the last several months, this also could indicate that with declining inventory, which has taken place for the last couple of months here in the local market, people are still looking for properties to buy and purchase on the open market. However, this is a smaller decline that from last month (September), when the number of residences sold declined by 3%, when comparing September 2014 to September 2013. While it is way too early to say if such a trend will continue, this category certainly bears watching to see if these statistics will change, or reverse themselves entirely, as we continue into the Fall and Winter months of 2014 and into 2015.

GRAPH 1 - RESIDENCES SOLD

In the category of Residential Dollar Volume from October of 2014, as opposed to October of 2013, we see an increase of 7% in terms of dollar volume through October of 2014, as compared to October of 2013, which is an increase of 1% from last month, when comparing September 2014 to September 2013, and continues to reflect a general upward trend in terms of Residential Dollar Volume throughout 2014 so far. This shows a continued local, as well as national, trend of relatively steady growth in terms of this category, continuing to reflect the higher home prices that have been taking place for over a year or so now on a national scale.

GRAPH 2 - RESIDENTIAL DOLLAR VOLUME

There is also continued good news for sellers in the Average Sold Price Category. For October of 2014, as compared to that of October of 2013, average sold prices show an increase of 9%, which is an increase of 1% from that of last month, showing a continued trend of gradually higher average home prices on both the local & national levels, and this statistic has remained largely constant for the past year or so. As confidence continues to slowly grow in both the local and national markets, we foresee that this relatively steady trend of higher home prices will likely continue for at least the short-term horizon, if not longer.

GRAPH 3 - AVERAGE SOLD PRICE

In addition, available homes on the market are continuing to show a slight decrease, which has also happened over the last couple of months, as well. Through October of 2014, as opposed to October of 2013, the number of available homes did decline by 2%, or reflects a decrease of 102 homes in terms of available inventory, which is one of the larger declines of available inventory seen in at least the last couple of months in the local Great Smoky Mountains real estate market. This actually is still largely in line with the latest national real estate trends, which also shows a small decline in available home inventory as a whole. This may foretell that with declining inventory, the local market is beginning show more possible movement towards wanting to buy available properties currently on market, and with higher home prices, more people are feeling confident in placing their homes for sale. We will continue watching to see if this particular continues, and see what it does for the market, both here locally, as well as nationally.

GRAPH 4 - AVAILABLE INVENTORY

As markets continue these gradual trends of growth locally and nationally, these statistics are largely expected to remain largely steady at least for the short-term, largely continuing the same continued slow, but steady, growth that has been shown for over the last few months or so now. Mortgage rates still remain at historically low rates, and there are still plenty of housing options to choose from, especially in the Great Smoky Mountains real estate market. Why not start your Great Smoky Mountains home search today by browsing our Featured Properties, and seeing what the Smoky Mountains area has to offer for you today? You can also browse our team website further to learn about The Jason White Team today, and let us help you make your home ownership dreams a reality today!

 

This Week’s Featured Properties:

 

NEW LISTING!

ANice, Well-Built 3 BD/2 BA Contemporary, Ranch-Style Home in Kodak! Ideal for a permanent or 2nd home! Home includes a 2-car garage, large front & back yards, a private driveway, a Large Living Rm, & much more! Home also an outdoor storage building in the back yard, each BD has its own Private Closet space, & has easy access to nearby County & State-maintained roads, as well as County-maintained services. Only mins. to I-40, dwtn. Sevierville, Pigeon Forge, & the attractions – come see this home today! Type: Single-Family Home Price: $150,000 Location: Kodak, TN  For more information >

 

 

 

 

 

NEW LISTING!

AWell-Built, 3 BD/2 BA Condo Located W/in Walking Distance to Ober Gatlinburg! Ideal for a permanent or 2nd home, or as an overnight rental! Condo includes an attached 1 -car garage, Large Great Rm, full Kitchen, an Enclosed Porch just off of the Great Rm usable as an Extra Den, a Screened-In Porch accessible from 2 BD’s, a Master BD w/a Private Bath, & much more! Easy access to city-maintained roads & services, & w/in walking distance to Ober Gatlinburg, & only w/in mins. to dwtn. Gatlinburg, the Nat’l Park, & the attractions. A great location & value – come see it today! Type: Condominium Price: $139,900 Location: Gatlinburg, TN  For more information >

 

 

 

 

 

FEATURED LISTING!

DSCF8521Very Quiet, Private, 3 BD/2.5 BA, Contemporary Ranch-Style Home w/Backyard Views of Mt. LeConte & the Smokies! Ideal permanent or 2nd home, & is move-in ready, w/new wraparound deck, new A/C, new roof, & updated kitchen. Incl. nearly 1 acre of land; has Large Living/Dining Rm, spacious Sunrm, & Breakfast Rm/Nook. Adj. to Gatlinburg’s Arts & Crafts Comm.; only mins. to dwtn. Gatlinburg. Great home; lots of privacy, peace & quiet – come see it! Type: Single-Family Home Location: Gatlinburg, TN Price: $264,900  For more information >

 

 

 

 

 

 

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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: jason@jasonwhiteteam.com
Website: https://gatlinburgrealestateforsale.com