The City of Gatlinburg Celebrates Earth Week!

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This week, the City of Gatlinburg is having several events and activities associated with Earth Day, which happened yesterday, April 22nd, but events will be taking place all week, right here in Gatlinburg. One of the many events surrounding Earth Week will be the annual Earth Day Festival at Mynatt Park, from 3-7 PM today, featuring live music, free activities and games, and much more. Also, there will be the Earth Day 5K Run/Walk, set to take place tomorrow, April 24th, at 10 PM, in Gatlinburg, and is actually an officially sanctioned USA Track and Field event. There are many great activities surrounding this Earth Week, and you can go to the City of Gatlinburg’s official website to learn more today.

 

With many great community activities and events like the ones with Earth Week, it is no wonder why so many people want to be a part of the unique communities of Gatlinburg and Sevier County, as a whole. Why not see what else the Smokies can do for you today? Please feel free 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, April 23, 2015:

 

 

FEATURED PROPERTY!

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 having its own Private Bath & deck access. Home also includes a Large Great Room, a Large Recreation 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 >

 

 

FEATURED PROPERTY!

 

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, 2 BD/2 BA Mountain Chalet Overlooking the Great Smoky Mtns. & Dwtn. Gatlinburg. Made over $16,000 in rental income in 2013 alone; has great rental potential. Has all new flooring, heating & air system, & much more; also has WiFi access, ample parking, Large Great Room, & deck area for seeing the lights of dwtn. Gatlinburg & the Smokies. Private, but also only mins. from dwtn. Gatlinburg, Ober Gatlinburg, & the attractions. Come see it today! 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 Address: jason@jasonwhiteteam.com 
Website: https://gatlinburgrealestateforsale.com

Solid Real Estate Growth Projected Through the Year 2017, According to Recent Forecast

 

Recovery

According to a recent forecast by the Urban Land Institute (ULI), the real estate market is expected to continue solid growth from this year, straight on through the year 2017. This recent forecast by the ULI suggests that a number of factors, including, but not excluded to, a strengthening national economy (i.e., lower unemployment rate, etc.), expected increases in U.S. Treasury note rates, and other related factors, are all contributing to this expected strength in the real estate market through 2017. Definitely worth keeping an eye to be sure, to see if this forecast does hold true, especially through this year, as well as into 2016 and 2017. One key factor will be the continued growth of the U.S. economy at present, and is worth watching to see if this spills over further into the national real estate market as a whole.

 

With encouraging trends like these in the national real estate market, now is a great time to see what the Great Smoky Mountains real estate market can do for you. 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, April 16, 2015:

 

 

NEW LISTING!

ABeautiful, Massive, & Spacious, 5 BD/5 BA Home Located in New Center. Ideal as a permanent or 2nd home; also has potential as an ideal equestrian property, complete w/ paddocks, stables, & more. This beautiful property offers many opportunities, including equestrian uses, set in an ideal private, country setting. Home includes a Large Living Rm, Kitchen, Dining Area, & lots of space inside, as well as a massive multi-car garage on the outside. Only mins. to dwtn. Sevierville, Pigeon Forge, & the attractions. A great home & location – come see it today! Type: Single-Family Home Location: Sevierville, TN Price: $499,900 For more information >

 

 

 

 

NEW LISTING!

CWell-Built, Spacious, 3 BD/3 BA Home Located Just Blocks to Dwtn. Gatlinburg. Ideal as a permanent or 2nd home. This home sits on a level lot, & has been exquisitely renovated, both inside & out. Inside, there are 3 spacious BD’s, custom eat-in kitchen, parlor, den, & much more. Outside, you have well-maintained gardens, a gazebo, & much more. Only blocks to dwtn. Gatlinburg & the attractions, & is w/in walking distance to nearby Mynatt Park. The pictures alone do not show this home’s true beauty – come see it for yourself today! Type: Single-Family Home Location: Gatlinburg, TN Price: $425,000  For more information >

 

 

 

 

NEW LISTING!

AWell-Built, 2 BD/2 BA Log-Style Home Located Only Mins. to Dwtn. Gatlinburg. Made $16K in rental income for 2013, & made $26K in rental income for 2014; has great rental potential. This home is w/in easy walking distance to nearby area schools, Mills Park, City Trolley stops, & Rocky Top Sports World, among other attractions. Home includes a Large Living/Dining Rm, Full Kitchen, each BD having its own Private Bath & Closet space, spacious Loft, & more. Set in a relatively private location, but also close to Gatlinburg’s many attractions. A great location & value – come see it today! Type: Single-Family Home Location: Gatlinburg, TN Price: $225,000  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

The 8th Annual Mountain Man Memorial March in Gatlinburg This Saturday Honors Those Who Have Served Our Country

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This Saturday, April 11, 2015, right here in Gatlinburg, the 8th Annual Mountain Man Memorial March will be held, in honor of those who have served our country, past and present. This annual event features multiple activities, including a 26.2 mile marathon from downtown Gatlinburg, along U.S. Highway 321, into the Great Smoky Mountains. This event has expanded to include veterans, their families, families of active duty service members, and many more, since the event’s inception back in 2007. For more information on this event, please click on the City of Gatlinburg’s website to find out how to participate or to learn about this event. We also thank everyone that has served our country in uniform, along with those that serve, as well.

 

With events like these, which honor those who serve our country, it is no wonder why so many people come to the Smokies every year, and want to feel as a part of this community in a very meaningful way. Why not see what else the Smokies can do for you? 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, April 9, 2015:

 

NEW LISTING!

AContemporary-Style, 2 BD/2 BA Condo Located Just Blocks to Ober Gatlinburg. Ideal as a permanent or 2nd home, or as an overnight rental. Located in a well-managed complex, this condo has great views of the Smokies, and is only mins. to dwtn. Gatlinburg, the Nat’l Park, & the attractions. Condo includes a Living Rm, Dining Area, Kitchen, Master Bedroom w/Private Bath, and much more. Also includes a small deck to enjoy the views of the Smokies. A great, well-located condo at a great value – come see it today! Type: Condominium Location: Gatlinburg, TN Price: $107,000  For more information > 

 

 

 

 

NEW LISTING!

AUniquely-Designed, Cozy, 1 BD/1 BA Chalet Located Only Mins. to Dwtn. Gatlinburg. Made nearly $10,000 in rental income for 2013, and then made over $19,000 in rental income for 2014; has great rental potential. This chalet includes a spacious Living/Dining Rm combination, a Private Master Bedroom, a separate room for a Whirlpool, a Recreation/Game Rm, and much more. Only mins. to dwtn. Gatlinburg, the Nat’l Park, and the attractions, and mere blocks to Ober Gatlinburg. A great value and home – come see it today! Type: Single-Family Home Location: Gatlinburg, TN Price: $119,900  For more information >

 

 

 

 

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 – come see it today! Type: Condominium Location: Gatlinburg, TN Price: $309,900  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

The Great Smoky Mountains Real Estate Market Continues its Gradual Growth Through March 2015

Buyers Road and Sellers Lane

For over the last year or so, the local & national real estate markets have reflected a steady, but gradual, 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 2015, we will see that such local & national trends, particularly in the Great Smoky Mountains real estate market, continue to reflect these very 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 2015, as compared to those one year ago, in March of 2014.

 

In the category of Residences Sold, we see that in comparing March of 2015 to that of March of 2014, the number of residences sold increased slightly by 1% in terms of homes being sold, as there were 17 more homes that were sold as of the end of March of 2015, as opposed to March of 2014. While down from that of last month, this continues to show a general increase on the whole in this category, reflecting a steadiness in the market in this particular category. This may indicate continued growth & strength in home sales, though it is too early to say if this will continue and be sustained over the long-term, but it does show continued good news regarding home sales for the year so far.

 

GRAPH 1

 

In the category of Residential Dollar Volume from March of 2015, as opposed to March of 2014, we see an increase of 9% in terms of dollar volume through March of 2015, as compared to March of 2014. This category has remained constant and unchanged from that of the previous month, showing that there is continued growth in this category, as well as overall continued consistency. This continues to show a continued local, as well as national, trend of relatively steady growth in terms of this category, and continues to reflect the higher home prices that have been taking place for over a year or so now on a national scale.

 

GRAPH 2

 

There is also continued good news for sellers in the Average Sold Price Category. For March of 2015, as compared to that of March of 2014, average sold prices show an increase of 8%, which continues to show strength in this category on average, reflecting a stronger local market in this category. As confidence continues to 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

 

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 2015, as opposed to March of 2014, the number of available homes did decline by 6%, or reflecting a numerical decrease of 299 homes in terms of available inventory, which is a significant decline in inventory, and reflects the largest decline recently seen in the local Great Smoky Mountains real estate market. This is still largely in line with the latest national real estate trends, which also shows a 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

 

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 expected to continue into this new year. 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 see what the Smoky Mountains area have 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 Thursday, April 2, 2015:

 

 

NEW LISTING!

APrivate, Spacious, 4 BD/4 BA Log-Style Home Only Mins. to Pigeon Forge. Ideal as a permanent or 2nd home, or as an overnight rental. Home is located in a private, gated community, only mins. to Pigeon Forge, Sevierville, Dollywood, & the attractions, while also being set in a beautiful, wooded setting, with partial mountain views. Home includes a Large Great Room, a Large Master Bedroom w/Private Bath & Closet space, a Large Den/Recreation Room on the first lower level, partial wraparound deck, and much more. A great location and home with lots of privacy – come see it today! Type: Single-Family Home Location: Sevierville, TN Price: $259,900  For more information >

 

 

 

 

 

JUST REDUCED!

1709 SMOKY HILLS DRIVEBrand 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; had great rental potential. 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 – come see it today! Type: Single Family Home Location: Gatlinburg, TN Price: $239,900  For more information >

 

 

 

 

 

 

JUST REDUCED!

GSMAOR194813Well-Located, 3 BD/2 BA Condo Only Mins. to Gatlinburg. Has great rental potential, or can be an ideal permanent or 2nd home. Condo is located in a well-managed complex, w/great views of the Smokies. Condo includes a Loft Bedroom, a Master Bedroom w/Private Bath, a Living/Dining Rm combination, & more. Only mins. to dwtn. Gatlinburg, the Nat’l Park, & the attractions. Type: Condominium Location: Gatlinburg, TN Price: $79,900  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

A Quick Feature on the Arrowmont School of Arts & Crafts

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One of the City of Gatlinburg’s most unique features is the Arrowmont School of Arts & Crafts, located in downtown Gatlinburg, and is a nationally-known and recognized art center for artists from all walks of life. Arrowmont features multiple opportunities for community classes, where the public can sign up to take classes for woodworking, painting, drawing, and much, much more. In addition, Arrowmont itself has five different artist galleries, featuring works from all over the country and the world, along with regular exhibitions, as well. Truly a very unique part of the City of Gatlinburg, and we are proud to have Arrowmont as a part of our community.

 

With unique places like the Arrowmont School of Arts & Crafts, it is no wonder why so many people come to our area every year. Why not see what else the Smokies can do 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, March 26, 2015:

 

 

JUST REDUCED!

APrivate, Well-Built, 4 BD/3 BA Chalet Located Only Mins. to Gatlinburg. Has made $38K in rental income in each of the last 2 years alone; has great rental potential. Home includes a Spacious Living Rm, a combined Kitchen/Dining Rm, a spacious Loft that includes an Open Recreation Rm w/pool table, great views of the Smokies, and much more. Located only mins. to dwtn. Gatlinburg, the Nat’l Park, & the attractions, along with being only 1/2 mi. of the Chalet Village Owner’s Club. A great location and mountain chalet – come see it today! Type: Single-Family Home Location: Gatlinburg, TN Price: $265,900  For more information >

 

 

 

JUST INCREASED!

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: $149,500  For more information >

 

 

 

JUST REDUCED!

DSC_2867Spacious, Private, 1 BD/1 BA Country-Style Cottage Set in Beautiful Jones Cove. Ideal as a permanent or 2nd home, & also has rental possibilities, as well. Home has a creek just behind the property, with a country pasture field across from the home, along with a Large Great Room, Master BD, Master Bath w/Walk-in Closet & Laundry area, two outdoor storage buildings, and a 2 BD/2BA single-wide home, which can be usable as an additional home or a rental, if necessary. Very spacious, lots of acreage, & all located in a beautiful country setting. Come see it today! Type: Single-Family Home Location: Sevierville, TN Price: $74,900  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

National Home Prices Continue Their Rise Year-Over-Year for January 2015

 

RecoveryThere is continued good news for home prices nationwide as of January 2015, in looking at a recent report by CoreLogic, measuring increases in home prices, year-over-year, from Janaury 2014 to January 2015. In the recent report, national home prices, including those of distressed sales, increased 5.7%, when looking year-over-year. According to CoreLogic’s latest forecast, home prices are expected to increase by 5.3% year-over-year, from January 2015 to January 2016, indicating continued home price growth through the year nationwide. This indicates a continued strength in home prices throughout 2015, according to this report, offers a relatively optimistic outlook as we continue into the year. Very encouraging news for the national real estate market, to be sure.

 

With home prices continuing to rise, along with continued historically low interest rates, now is a great time to see what the Great Smoky Mountains can do you today. Please feel free to browse our many Featured Properties, and learn how The Jason White Team can help you realize your home ownership dreams today, right here in the Smokies!

 

Our Featured Properties for Thursday, March 19, 2015:

 

NEW LISTING!

ACharming, Uniquely-Constructed, 2 BD/2 BA Chalet Only Mins. to Gatlinburg. Has made near or above $25K in each of the last 2 years alone; has great rental potential. Home includes 2 deck levels, a Large Great Rm w/fireplace, Open Kitchen, Master Bedroom w/Private Bath, a Lower Lvl Den, & more. Only mins. to dwtn. Gatlinburg, the Nat’l Park, Ober Gatlinburg, & the attractions. A great, uniquely-built home at a great value – come see it today! Type: Single-Family Home Location: Gatlinburg, TN Price: $112,500  For more information >

 

 

 

 

JUST REDUCED!

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: $219,900 Location: Seymour, TN  For more information >

 

 

 

 

JUST REDUCED!

APrivate, Spacious, 2 BD/3 BA Log Cabin Located in Beautiful Pittman Center. Made near or above $20K in rental income in each of the last 2 years. Sits on 1.86 acres, creating a beautiful setting for enjoying the Smokies. Incl. a Large Living Rm, spacious Loft, Lower Lvl. Great Rm, & great views of the Smokies. Nestled in a very beautiful, wooded setting, this home is only mins. to dwtn. Gatlinburg, the Nat’l Park, & the attractions – come see it today! Type: Single-Family Home Location: Pittman Center, TN Price: $229,900  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

Great Smoky Mountain Streams All Now Open for Fishing!

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For first time in the 81 years of the Great Smoky Mountains National Park, every stream in the Park will now be open for fishing. This recent announcement by the National Park is the culmination of a massive restoration effort for the streams inside the Park, where fish native to the area were restored to their rightful habitats, taking many years to accomplish. Now, the levels of native fish in the streams are at a point where recreational fishing can begin, provided that the proper regulations for fishing are followed by those wanting to fish. A great and exciting accomplishment, to be sure, along with being a great comeback story for nature, as well.

 

With amenities like the Great Smoky Mountains National Park, it is no wonder why so many want to visit our area every year, and see the natural wonders that only this natural environment can offer. 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, March 12, 2015:

 

 

NEW LISTING!

AWell-Built, Beautiful, 3 BD/3 BA Log Cabin Only Mins. to Dwtn. Gatlinburg. Has made over $33K in rental income in each of the last 2 years; has great rental potential. Home has great views of the Smokies, along with a Large Great Rm, a Massive Masonry Fireplace on the Main & Lower Levels, each BD having its own Private Bath & Closet space, 2 deck levels, a Large Lower Level Recreation Rm, & more. Located in a well-established community, & only mins. to dwtn. Gatlinburg, the Nat’l Park, & the attractions. A great, beautiful home & location – come see it today! Type: Single-Family Home  Location: Gatlinburg, TN Price: $244,900  For more information >

 

 

 

NEW LISTING!

APrivate, 2 BD/2.5 BA Mountain Chalet Located Only Mins. to Gatlinburg. Has made over $18K in rental income in each of the last 2 years; has great rental potential, or ideal as a permanent or 2nd home. Home is in a relatively private location, & includes a Large Great Room, Large Lower Level Recreation Room, a Master Suite w/Private Bath, Whirlpool, & Closet space on the Main & Lower Levels, & much more. Also accessible by way of a surfaced drive, & only mins. to dwtn. Gatlinburg, Pigeon Forge, & the attractions. A great, private home w/lots of potential – come see it today! Type: Single-Family Home Location: Gatlinburg, TN Price: $159,900  For more information > 

 

 

 

NEW LISTING!

GSMAOR194909Spacious, 2 BD/2 BA Condo Located in Well-Established Complex. Is an ideal as a permanent or 2nd home. This condo has a practical floor plan, which includes a Great Rm, open Kitchen, Master Suite, & much more, along with a patio, & access to the many amenities of a well-established complex, including outdoor storage, community pool, & more. Only mins. to dwtn. Gatlinburg, the Nat’l Park, & the attractions, & located in the Hidden Hills neighborhood of the Gatlinburg Arts & Crafts District. A great condo & value – come see it today! Type: Condominium Location: Gatlinburg, TN Price: $115,000  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

For February 2015, The Great Smoky Mountains Real Estate Market Remains Steady

Buyers Road and Sellers Lane

 

For over the last year or so, the local & national real estate markets have reflected a 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 February of 2015, we will see that such local & national trends, particularly in the Great Smoky Mountains real estate market, continue to reflect these very same trends of gradual, but steady, growth that we also see nationally, and have seen for some time now. Let’s now see what the numbers have to say for February of 2015, as compared to those one year ago, in February of 2014.

 

In the category of Residences Sold, we see that in comparing February of 2015 to that of February of 2014, the number of residences sold increased slightly by 2% in terms of homes being sold, as there were 22 more homes that were sold as of the end of February of 2015, as opposed to February of 2014. This shows the same continued increase as that of last month, reflecting a steadiness in the market in this particular category. This may indicate continued growth & strength in home sales, though it is too early to say if this will continue and be sustained over the long-term, but it does portend continued good news regarding home sales for the year so far.

graph (1)

 

In the category of Residential Dollar Volume from February of 2015, as opposed to February of 2014, we see an increase of 9% in terms of dollar volume through February of 2015, as compared to February of 2014. While this shows a decline by 1% from that of January of this year, there is continued growth in this category, as well as general consistency. This continues to show a continued local, as well as national, trend of relatively steady growth in terms of this category, and continues to reflect the higher home prices that have been taking place for over a year or so now on a national scale.

graph (2)

There is also continued good news for sellers in the Average Sold Price Category. For February of 2015, as compared to that of February of 2014, average sold prices show an increase of 7%, which actually is a slight decline from that of previous months, but still shows an increase nonetheless. 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.

graph (3)

In addition, available homes on the market are continuing to show a slight decrease, which has also occurred over the last several months, as well. Through February of 2015, as opposed to February of 2014, the number of available homes did decline by 5%, or reflecting a numerical decrease of 268 homes in terms of available inventory, which is a significant decline in inventory, and reflects the largest decline seen recently in the local Great Smoky Mountains real estate market. This is still largely in line with the latest national real estate trends, which also shows a 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 continue, and see what it does for the real estate market as a whole, both here locally, as well as nationally.

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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 expected to continue into this new year. 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 see what the Smoky Mountains area have 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 March 5, 2015:

 

 

NEW LISTING!

GSMAOR194787Spacious, 3 BD/3 BA Condo Located Just Blocks from Dwtn. Gatlinburg. Ideal as a permanent or 2nd home, or as an overnight rental. Condo includes a Large Great Rm, w/each BD having its own Private BA & Closet space, as well as a Kitchen, and more. Located in a well-established condo complex, & is only blocks to dwtn. Gatlinburg & the attractions, along w/being only mins. to the Nat’l Park. A great condo in a great location – come see it today! Type: Condominium Location: Gatlinburg, TN Price: $129,900  For more information >

 

 

 

NEW LISTING!

GSMAOR194813Well-Located, 3 BD/2 BA Condo Only. Mins. to Gatlinburg. Has great rental potential, or can be an ideal permanent or 2nd home. Condo is located in a well-managed complex, w/great views of the Smokies. Condo includes a Loft Bedroom, a Master Bedroom w/Private Bath, a Living/Dining Rm combination, & more. Only mins. to dwtn. Gatlinburg, the Nat’l Park, & the attractions. Type: Condominium Location: Gatlinburg, TN Price: $89,900  For more information >

 

 

FEATURED PROPERTY!

GSMAOR192950Well-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 >

 

 

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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

Spring 2015 Activities in Gatlinburg Are Coming Soon!

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Despite the cold and snow outside right now, Spring is soon to come for the Gatlinburg area! With the arrival of a new season, there are a myriad of activities to be featured here in the Gatlinburg area, which all plan to be great activities for people of all ages to get involved in. You can go to the City of Gatlinburg’s website today, and see all of the many great activities being planned for the upcoming season. Two of these many activities are the Spring Wildflower Pilgrimage, as well as the Gatlinburg Beans and Cornbread Festival, among many, many others. Spring is coming, and the Great Smoky Mountains promise to offer a great Spring season.

 

With Spring coming, now is a great time to see what 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 Thursday, February 26, 2015: 

 

 

FEATURED PROPERTY!

AImmaculate, Spacious, 3 BD/4 BA Home Located Adj. to Gatlinburg’s Arts & Crafts Community. Ideal as a permanent or 2nd home; great location & is only mins. to dwtn. Gatlinburg, the Nat’l Park, & the attractions. This amazing home offers many well-maintained features, including, a Large Living Room, a spacious Sunroom, a Full Kitchen, Formal Dining Room, a Spacious Loft, & many more features too numerous to mention, as well as a 2-car attached garage. A great, spacious home & located close to many community amenities – come see it today! Type: Single-Family Home Location: Gatlinburg, TN Price: $325,900  For more information >

 

 

 

FEATURED PROPERTY!

APrivate, Spacious, 4 BD/4 BA Country-Style Chalet Located in Gatlinburg’s Arts & Crafts Community. Has made over $26K in rental income in each of the last 2 years alone; has great rental potential. This home offers a great degree of privacy, while only being mins. to dwtn. Gatlinburg, the Nat’l Park, & the attractions. Home includes a Large Great Rm, a spacious Loft, a Large Recreation Rm/Den, a covered front porch, & much more. A very private home in a great location – come see it today! Type: Single-Family Home Location: Gatlinburg, TN Price: $269,900  For more information >

 

 

 

FEATURED PROPERTY!

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 >

 

 

 

 

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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

National Home Prices Continue Their Rise, According to Recent 2014 4th Quarter Statistics

Recovery

National home prices continued their ongoing rise into the last part of 2014, indicating a tightening national inventory for available homes, as well as a strengthening economy and low interest rates. According to recent statistics released by the National Association of Realtors, median home prices nationally in the 4th quarter increased by 6% from that of a year prior, as well as the median sale price increasing by $208,700. In addition, nearly 86% of U.S. metro areas also saw increases in median home prices, as well, including some areas that were hardest hit by the Great Recession of 2008. Very encouraging news, and definitely worth noting, as we continue into 2015 to see if such trends will continue.

 

With an improving national real estate market, along with historically low interest rates still in place, now is a great time to see what the Great Smoky Mountains 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!

 

Our Featured Properties for Thursday, February 19, 2015:

 

 

NEW LISTING!

2135 Wolf Ridge WayWell-Built, 3 BD/3 BA True Log Cabin Located Only Mins. to Pigeon Forge. Made over $32K in rental income in each of the 2 years; has great rental potential. Home is located in a well-established subdivision, with many different community amenities, along with great mountain views, two fireplaces, and much more. Only mins. to Pigeon Forge, Dollywood, & the attractions – a great log cabin & a great location! Come see it today! Type: Single-Family Home Location: Pigeon Forge, TN Price: $287,900  For more information >

 

 

 

NEW LISTING!

224 Woodland RoadUnique, 3 BD/2 BA Condominium in Well-Established Complex, Only Mins. to Gatlinburg. Ideal as a permanent or 2nd home, or as an overnight rental. This condo unit spans the entire floor, offering a spacious Great Rm, as well as a Master Bedroom w/Private Bath, and much more. Also offer a large patio area to enjoy amazing mountain views; offers a degree of privacy by sharing no common walls with any other units. Only mins. to Gatlinburg & the attractions – come see it today! Type: Condominium Location: Gatlinburg, TN Price: $149,900  For more information >

 

 

 

FEATURED PROPERTY!

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