The last several months have reflected a steady growth in several key categories in both local and national real estate markets. As we study the statistics for the Great Smoky Mountains real estate market, we will find that most categories have a considerate rise from last year. Let’s now see what the numbers have to say for June of 2016, as compared to one year ago.

In the category of Residences Sold, we see that in comparing June of 2016 to June of 2015, the number of residences sold increased by 19%. This year, there have been 292 more homes sold than that of last year. This figure shows a continually robust growth! We will see if this trend continues with any future statistics, although it sure shows a strong trend for residential sales as a whole.

In the category of Residential Dollar Volume, we see a generous increase of 23% compared to last year. This specific category does show a continued high percentage from year-to-year. The Great Smoky Mountains area has a trend of relatively steady, stable, and even robust growth in terms of this category, and continues to reflect the consistently higher home prices that have been taking place for over the last couple of years, even on a national scale.

There is also good news for the sellers in the Average Sold Price Category! When we compare June 2015 to June 2016, we will see that the average sold price has risen by 4%. This percentage increase proves a steady growth, reflecting a stronger local market. As confidence continues to grow in both Local and National markets, we foresee that this relatively steady and upward trend of higher home prices will likely continue.

In our final category, available homes on the market are continuing to show a trend of steady decrease, which has been occuring now for the last year. Through June of 2016, as opposed to June of 2015m the number of available homes has declined by 7%. This decline continues to show a marked decrease in terms of available inventory in our local market. This is largely in line with the latest in national real estate trends. This may foretell that with declining inventory, the local market is showing movement towards more people wanting to buy in the area. Sellers may feel more confidence in placing their homes on the market.

Why not start your search for your home in the Great Smoky Mountains Today? Please take a look at our Many Featured Listings and see what The Jason White Team can do for you!

  1239 Ski View Drive – This home is truly one of a kind! 3 Bedrooms, 3 Bathrooms, 3,860 square feet. This home has beautiful views of the Smokies, a garage, even an elevator! Starting in the garage, you will walk into the recreation room complete with pool table, plenty of room for fun and games, and ample storage space. The second floor features two master bedroom style rooms, both with private baths and walk-in closets, and a shared fireplace. This level also includes a sunroom area with large windows, as well as a deck area, where you can see some truly breathtaking & beautiful views of the Smokies. On the next level, you have an open living room w/high, vaulted ceilings, as well as a shared large fireplace between the living room and kitchen/dining room with beautiful, black granite countertops in the kitchen area, as well as access to a second deck level, by which family, friends, & guests alike can enjoy those incredible mtn. views. On the top level, which is a loft, you have a third bedroom with an adj. bath, as well as an open den/office area, allowing for privacy & comfort at the same time. View it today!

Fannie Mae’s Home Purchase Sentiment Index has soared to a high during the month of May. In the last month, statistics have shown that consumers have begun to feel more upbeat about selling their homes! After hitting an 18 month low in March, the index reached a reading of 85.3 in May. Several components in the index measures have registered great increases in last month alone. Consumers are reporting a significant increase in income compared to only a  year ago. Consumer were also very upbeat about mortgage rates decreasing over the next year. “Continued home price appreciation has been squeezing house affordability, driving a two year downward trend in the share of consumers who think it’s a good time to buy a home,” said Doug Duncan of Fannie Mae. “The current low mortgage rate environment has helped ease this pressure, and fewer than half of consumers expect rates to go up in the next year.”

It sure does seem like a great time to be in the market! Why don’t you see what The Jason White Team can do for you?

FEATURED LISTINGS:

            1157 Eagle Pointe Way – $389,900 – 3 BR/3.5BA  This beautiful log cabin has almost 3,400 square feet and features amazing mountain views. Located adjacent to Wears Valley, as well as minutes from shopping and attractions. Ideal as a permanent or second home–and also has incredible rental potential! Beautiful outdoor fire pit area, large master bedroom with a side deck & walk-in closet, & a large master bathroom with whirpool and beautiful tile walk-in shower. This home is truly a must see!

   120 Bon Air Drive, Unit 3072 – $320,000 – 2BR/2BA This well-built, end unit condo is located right in the heart of downtown Gatlinburg. A quick walk can take you to many attractions, shopping, even the National Park. Gorgeous views of the smokies, downtown, and the Ober Gatlinburg tram! This condo offers a full kitchen with granite countertops, and a large living room/dining room combo, complete with a beautiful masonry fireplace. The huge master bedroom includes walk-in closet, a private walk-in shower in the bathroom, as well as a private deck off of the bedroom. Come and view this property!

This week has sure proven that summertime is HERE in the Great Smokies! It has been hot, hot, hot! There are many great things to do here in the warm weather. Gatlinburg is home to the historic Arts & Crafts Community, which is the largest group of independent artisans in North America! On the Historic 8 Mile Loop you will find artisans of all trades: woodwork, pottery, painting, candle making, jewelry making, stained glass, and the list sure does go on.

If arts and crafts are not your thing, perhaps you could take advantage of the miles of trails and waterfalls our great area has to offer! For full details on the hiking trails in this area, visit hikinginthesmokys.com

We encourage you to come check out the fabulous opportunities the area has to offer you! While you are here, allow us to show you some wonderful properties.

 1104 Alpenrose Road, “Smokey Sunrise”

 519 Gatlin Drive, Gatlinburg TN, 37738

On behalf of all of us here at Century 21 Four Seasons, The Jason White Team, we would like to wish you all a very safe and happy Memorial Day Weekend! This year, Memorial Day will be celebrated on May 30th. We also want to thank all of those who have served and sacrificed so much for our great country. This weekend will be spent celebrating the lives of men and women who died serving in the U.S Military. Memorial Day was originally known as Decoration Day, and it originated during the Civil War and became a National Holiday in 1978! Many americans will spend their weekend hosting gatherings, going to parades, and kicking off the “unofficial” start of summer!

The Great Smoky Mountains will host a variety of opportunities that will be sure to make this year’s Memorial Day Weekend one you won’t ever forget! During the day, take the time to explore the outdoors by taking a hike in the park, enjoying a horseback ride, or visiting Dollywood’s Splash Country. The evenings can be spent by dining at one of the many fabulous restaurants, putt-putt golf, or maybe a ride on the Smoky Mountain Wheel! Whatever you do this weekend, take the opportunity to sit back and enjoy life. Why not see what the Great Smoky Mountain’s have to offer you today?

Our Featured Property for This Week:

  1783 Mountain Shadows Way –

PRICE REDUCTION!!!!!! $159,900! 1 BD/2 BA, 1,200+ sq ft, cozy, studio-style log cabin, located in a well-developed subdivision, only mins. to dwtn. Gatlinburg. Has made over $21K in rental income in 2014, and then made over $24K in rental income in 2015! This log cabin has great partial mtn. views of the Smokies from two deck levels, & is only mins. to nearby attractions, such as the Nat’l Park, dwtn. Gatlinburg, nearby shopping, & is adj. to the Gatlinburg Arts & Crafts Community. Inside this cabin, you have a spacious & open great room w/vaulted ceilings on the main level, which is a studio-style area that combines kitchen, dining room, living room, whirlpool, & master bedroom all into one spacious room w/vaulted ceilings. Also has easy access to the master bathroom, as well as a main level deck area w/great partial views of the Smokies. On the lower level, you have a large recreation room & den area, along with a 2nd bathroom and a lower level deck w/hot tub, allowing for lots of space to entertain family, friends, & guests, all in a very cozy, well-built cabin. Very well-built inside & out, w/beautiful log construction, & is ideally located to all of the nearby attractions of Gatlinburg. A great, cozy cabin & location – come see it today!

For the past several months, the local & national real estate markets have experienced a continuous, 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 April 2016, we find that our local market continues to reflect the trends of gradual and continuous growth both here locally and nationally.  We have come to see this trend for some time now.  The numbers below will reflect that continued growth for April 2016 as compared to that of April 2015.

In the category of Residences Sold, we see that comparing April 2016 to that of April 2015, the number of residences sold increased by 19%, as 257 more homes were sold at the end of April 2016, as opposed to April 2015.  This vigorous growth is largely in line with the continued growth in this same category that we have experienced for the past several months.  We fully expect this trend to continue in this category.

In the category of Residential Dollar Volume for April 2016, versus April 2015, we also see an increase of 24%.  This continues to reflect a consistent and steady climb with a high percentage growth from year-to-year.  This statistic shows the largest increase in this category for the past several months.  This trend shows the consistently higher home prices that have been taking place over the past couple of years on a national scale.

Sellers continue to experience good news in the category of Average Sold Price.  For April 2016, compared to that of April 2015, the average sold price shows an increase of 5%, which, also reflects a steady and consistent growth of a stronger local market in this category.  As confidence continues to grow in both local and national markets, we expect that this upward trend of higher home prices will continue in the forseeable future.

Finally, the available homes on the market continue to show a steady decrease, which the market has reflected over the past several months.  Through April 2016 versus April 2015, the number of available homes has declined by 7%, which is a decrease of 329 homes in available inventory.  This same trend for available inventory has occurred for the past several months.  This is in-line with the national real estate trends.  With this declining inventory, the local market is showing signs toward more people wanting to buy the available properties currently on the local market, and that with higher home prices, more people may feel a greater sense of confidence in listing their homes for sale, along with a increased interest in buying what inventory is currently available.

As the market continues to experience this growth, both locally and nationally, the market statistics are expected to experience a gradual growth for the forseeable future through the remainder of 2016.  Mortgage rates still remain at historically low levels, and there are still plenty of housing options to choose from, especially here in the Great Smoky Mountain real estate market.  To start your Great Smoky Mountain home search today,  take a look at just some of our featured properties and see what the Smokies have to offer you!  Turn your home ownership dreams into a reality.

Our Featured Properties

This high quality, totally private, custom built 5,231 sq 4 BD/3.5BA home sits atop 9.78 acres with outstanding views of the Smokies.  Thoughtfully designed and elegantly crafted using native materials, the main floor features a large master bedroom and bathroom Suite that opens onto the deck, an eat-in gourmets kitchen, cathedral-like great room featuring a stacked stone masonry fireplace among a wall of windows, half bath, laundry room and an oversized two car garage.  The upper level boats a loft/library and second bedroom suite.  The walkout basement rests on a poured concrete slab and features a massive game room, wet bar, 2 BDs, a full bath and loads of outdoor space and extra storage.  Quality materials include casement windows, hand-laid native stone, hardwood flooring, granite  tops, stainless steel appliances and a hand-made front door,  along with a gated entrance.  This home is a jewel not to be missed

SINCERELY

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

The Great Smoky Mountains have a wonderful, majestic beauty all of its own.  The lush green forests offer miles of trails, streams and roadways for everyone’s enjoyment.  Special events and programs are being held throughout the Park to celebrate the National Park Service’s 100th Birthday.  A trip to the park should not be missed; you will enjoy over 100 species of trees, which is more than any other Native American Park.  There are also over 1,600 flowering plant species and at least 4,000 non-flowering plant.  You certainly won’t be alone while visiting the Park.  The  Great Smoky National Park is further known for over hundreds of species of animals which call the Smokies home.  They would include a rare variety of lung-less salamanders, more than 200 species of birds, 66 different mammals, 50 native fish, 39 reptiles and 43 species of amphibians, some of which are found nowhere else in the world.  River otters, peregrine falcons and other species of fish have been reintroduced, as well as herds of elk, which had been eliminated from the park in the mid-1800s.

The Smokies have so much to offer.  So make sure that you don’t miss out on this wonderful experience.  Also, get in touch of The Jason White Team and see what they can do for you to make your home dreams a reality.  You won’t regret it!!

OUR FEATURED PROPERTIES

Spacious and well located 2 BD/2 BA mountain chalet boasts nearly 1,700 sf  in a beautiful wooded setting.  Inside you have a great room that combines a living room, dinning room and rec room all into one, with a see-thru fireplace and an open kitchen area.  This home also has a jacuzzi room with a W/P just off the great room.  Enjoy two suite-style bedrooms with your own private closet space and bathroom.  Step out on to a spacious deck with a hot tub for everyone to enjoy to view of the Smokies.  Location:  Gatlinburg –  Price: $219.900

High quality, totally private, custom built 5,231 sf 4 BD/3.5 BA mountain home resting atop 9.78 acreas with outstanding view of the Smokies.  A rare find, this jewel of a home was thoughtfully designed using native materials to take advantage of the beautiful setting while remaining comfortably functional and elegantly crafted.  The main floor features a large master bedroom and bathroom suite that opens onto the deck, an eat-in gourmet’s kitchen, cathedral-like great room featuring a stacked stone masonry fireplace among a wall of windows,  half bath, laundry room and an oversized two-car garage.  The upper level boasts a loft/library and second bedroom suite.  The walkout basement features a massive game room, wet bar, 2 bedrooms, full bath, loads of outdoor space and extra storage.  Quality materials too numerous to mention.  Located at the end of the road with a gated entrance and boundary line along the national park.  Southern views of Cove Mountain are also protected.  This home is in the heart of Wears Valley only a few miles from hiking trails and local restaurants, while less than 30 minutes to McGee-Tyson airport.  Don’t wait, this is a dream home to be sure!  Location:  Sevierville – Price: $999,000

Oh where do we start….so many things to see and do in Gatlinburg.  If you come to visit, you won’t be bored.    Better yet, so you don’t have to worry about missing out on all the fun and exciting things in Gatlinburg, the Smokies and the surrounding areas, pack up your family and move to up to the Mountains, or get yourself a second home.  Of course,on’t forget to bring the pet dogs, cats, birds, snakes, etc.

Here is just a sampling of some upcoming fun things to do…

Wildflower Pilgrimage – runs through Saturday 4/23 – offers over 150 programs, including an array of instructional walks, guided hiking trails, along with guest lecturers and demonstrations.

Beans & Cornbread Festival held on the Parkway by Bush Brothers & Company – May 12th – come enjoy a beans and cornbread cook-off, foot-stompin Mountain Music and antique engines (psst…you might want to bring some Rolaids or Tums, just in case you try too many beans).

The new Dolly Parton Lumberjack Adventure is set to open in May.  This is Dolly’s newest attraction and should be quite exciting.  It is an upscale renovation of the original Lumberjack Feud Dinner Show.  This newest adventure will have state-of-the-art lights and sound and amazing special effects, including an all new aerial act.  Don’t miss this adventure coming soon.

Well that’s enough to wet your appetite – some come on down and join us here in the Smokies – SEE YA’LL REAL SOON!

Don’t forget to schedule some time to see some of our many Listings.  Here is just a couple of our newest listings (adding more everyday, so don’t miss out on this great opportunity)

The National Park in Gatlinburg is filled with many hiking trails, from the easy to the more difficult.  While hiking the Park you can enjoy many of the flowers in bloom and set out to experience some of the beautiful waterfalls the Smokies have to offer.  Some of the falls are:  Grotto Falls, Laurel Falls, Abrams Falls and Ramsey Cascades.

If hiking is not your thing, then starting today, Thursday 4/14/16, the Spring Rod Run is here in Pigeon Forge through Saturday 4/16/16.  Cars are available for purchase or just for looking.  Men can rev their engines and enjoy the cars of yesteryear.

Ladies – the area has something for you, of course if you are not into hiking and cars.  There is PLENTY of shopping to be had by everyone.

While here in town check out just some of our newest listings.

Our Featured Properties for Thursday, April 14, 2016

Cozy, picturesque, 1,800+ sq ft, multi-level Victorian-style mountain chalet, w/2 BD, 2 BA, & 2 half BA, located directly off of Wiley Oakley Drive, & only minutes to downtown Gatlinburg, Ober Gatlinburg, & the Nat’l Park. Generated over $20,000 in annual rental income each of the last 3 years alone. Located in Chalet Village North, this beautiful and uniquely designed home has many one-of-a-kind architectural features, all of which create a vintage-style feel to this property. Has a formal dinning room as you walk in the door, and then opens up to a full kitchen and large living room with a woodburning fireplace, as well as access to a Main Deck for looking at majestic Mt. LeConte and the Smokies. Each upstairs Bedroom Suite has its own in-room W/P and Private Bathroom, for maximum privacy, comfort and convenience. Also has a lower level Great Room, which combines a den and recreational room into one room, for entertaining guests, family, and friends, along with access to a hot tub outside on the lower level deck. Great mountain views from both deck levels.  There is a small level off-street parking area, just off of Wiley Oakley Drive.  Location:  Gatlinburg    Price: $249,900

For over the last few months, the local & national real estate markets have reflected a gradual and steady growth in several key real estate market categories. As we look at the statistics for the Great Smoky Mountains real estate market through March of 2016 and the starting into the new year of 2016 itself, we will see that such local & national trends, particularly in the Great Smoky Mountains real estate market, continue to reflect these same trends of gradual growth that we also see nationally, and have seen for some time now. Let’s now see what the numbers have to say for March of 2016, as compared to those one year ago, in March of 2015.

In the category of Residences Sold, we see that in comparing March of 2016 to that of March of 2015, the number of residences sold increased by 16% in terms of homes being sold, as there were 253 more homes that were sold as of the end of March of 2016, as opposed to March of 2015. This figure shows a continued robust growth through March 2016, as opposed to one year ago, and is largely in line with the growth rate in this very same category that we have for at least the last couple of months, as well. We will see if this trend continues with any future statistics in this category, but it does show a continued strong trend for residential sales on the whole, as well as continued growth.

In the category of Residential Dollar Volume from March of 2016, as opposed to March of 2015, we see an increase of 22% in terms of dollar volume through March of 2016, as compared to March of 2015, remaining constant from last month in this same category. This category does show a continued high percentage from year-to-year, showing that there is continued, strong growth in this category, as compared to that of 2015 for the same month, with this statistic showing one of the largest increases in this category over the last few months. This continues to show a continued local, as well as national, trend of relatively steady, stable, and even robust growth in terms of this category, as well, and also continues to reflect the consistently higher home prices that have been taking place for over the last eighteen months now on a national scale.

There is also continued good news for sellers in the Average Sold Price Category. For March of 2016, as compared to that of March of 2015, average sold prices show an increase of 4%, which continues to show steady and consistent strength in this category on average, reflecting a stronger local market in this category, albeit being down a bit from the previous month in this category. As confidence continues to grow in both the local and national markets, we foresee that this relatively steady and upward trend of higher home prices will likely continue for at least the short-term horizon, if not longer.

In addition, available homes on the market are continuing to show a trend of steady decreases, which has also occurred over the last several months, as well. Through March of 2016, as opposed to March of 2015, the number of available homes did decline by 6%, or reflecting a numerical decrease of 319 homes in terms of available inventory. This decline continues to show a marked decrease in terms of available inventory in the local market, and still reflects a continued decline in available inventory on the whole here in the local market, which has been occurring now for the last several months. This is largely in line with the latest national real estate trends, which also shows a gradual decline in available home inventory as a whole. This may foretell that with declining inventory, the local market is showing movement towards more people wanting to buy the available properties currently in the local market, and that with higher home prices, more people may feel a greater sense of confidence in placing their homes for sale on the market, along with greater interest in buying what inventory is currently available, as well. We will keep 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.

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, and is largely expected to continue into 2016. 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 many great Featured Properties, and see what the Smokies area have to offer for you today? You can also learn more about The Jason White Team, and see how we can help you make your home ownership dreams a reality today!

Our Featured Properties for Thursday, April 7, 2016: 

NEW LISTING!

NEW LISTInG!

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