And The Half-Year Numbers Are In For Smoky Mountain Homes

Our Great Smoky Mountains Association of Realtors unveils their results of Gatlinburg home sales and other areas of interest.  Once again, we reveal the GSMAR totals on residential sales YTD through the month of June 2011.  Keep in mind, that these stats cover; single family homes, condo’s, townhouses, and co-ops.  This data helps to reveal trends in current real estate sales.  Readers must realize that today’s figures are focused on totals for the entire area covered by GSMAR.  Some areas within this survey far exceeded the rest.  It also bears repeating, that last year’s data was hugely influenced by the “federal homebuyer tax credit” stimulus program.  Any of these government incentives tend to skew results in favor of the time period when they operated.  With these items noted, let us look at the data.

In Total Residences Sold, 2011 comes in at 682 vs 2010 at 786.  This is lower by 13% or 104 units total

In Total Dollar Volume Sold 2011 lags 2010 by $22,690,731.00 or 17% ($112,860,980.00 to $135,551,711.00)

The category of Average Price Per Residence Sold comes close to breaking even.  2011 is only $6,973.00 less or 4% lower ($165,485.00 vs. $172,458.00)

In the final category of Active Listings, 2011 trumps 2010 with 596 more or 12% (5,403 to 4,807)

It is still early to tell, but larger home buyers may be getting into the market.  There is ample inventory for a great selection and qualified buyers will find good mortgage rates.  If you are looking for an; investment, retirement, or primary home, hop on our website.  We geared our site for clients.  You set your own search parameters, and look at your own pace.  Our team of professionals are ready when you want to finalize the deal.  Begin today and find your dream in the Smokies.

Here are a Few of My Latest, Current and Sold Properties:

Close to Pigeon Forge Attractions!
This quality built home is close to all the attractions in Pigeon Forge, yet very private. Pine tongue and groove throughout, 3 covered decks to enjoy the view, as well as level parking and a 1 car garage. Never on a rental program!
Type: Single Family Home
Location: Pigeon Forge, TN
Price: $299,900
Get more information >
Heritage Log Home w/ Views!!
Heritage log home with excellent mountain views and location. Open lot with level parking and great rental history. Did $23,885 gross rental in 2010.
Type: Single Family Home
Location: Gatlinburg, Tennessee
Price: $299,900
Get more information >
CONTRACT IN 37 DAYS!
Beautiful home high up in Gatlinburg. Freshly remodeled and includes furniture. Come and enjoy the mountain view from your covered porch or hot tub deck.
Type: Single Family Home
Location: Gatlinburg, Tennessee
Price: $199,900
Get more information >

Score an Eagle or Hole-In-One with Gatlinburg Homes

 

Smoky Mountain real estate could be your ticket to an extended golfing season.  The beautiful mountains of East Tennessee are well known for a cornucopia of outdoor sports and activities.  Camping, hiking, hunting, fishing, white water rafting, boating, and horseback riding are just a part of the outside action that one can enjoy in this area.  However, golf is not world-renowned in this region.  It is interesting that locally, golf is a growing sport that continues to improve each year.  A lot of money has been spent in Sevier County alone on upgrading existing courses, as well as building new golf links. This investment in golfing has provided local residents and visitors with another attraction that brings people to the area.  As the courses mature and word gets out, this money should prove to be well spent.

Our steep and variable terrain makes building many projects a challenge.  Golf courses are no exception.  However, the difficult topography does provide an awesome backdrop for scenery, and the elevation changes will bring out the best or worst in a person’s golf skills.  Sevierville has the newest courses in the area, which are just being completed.  The Sevierville Golf Club features two championship 18-hole courses.  “The Highlands” is a par 70 built on hills and around fresh water ponds off Old Knoxville Highway.  “The River” is a par 72 course built along the Little Pigeon River that is visible off Winfield Dunn Pkwy (66) as you come south off I-40 into Sevierville.  Sevierville Golf Course offers fine dining including beverage of your choice, and other amenities like a driving range and putting green to sharpen your skills.  Gatlinburg shares the Gatlinburg Golf Course adjacent to Dollywood on the edge of Pigeon Forge.  It is worth a round of golf just to take in the views of the Smokies.  Out on the east side of Gatlinburg and Pittman Center lies Bent Creek Golf Course.  It is close to the Cobbly Nob development and is just across 321 (Foothills Parkway) from the National Park.

For those residents of the area and long-term visitors there are day trips into; Georgia, the Carolinas’, Virginia, and other surrounding states to fulfill your golfing appetites.  If you are considering becoming an East Tennessee resident, or just acquiring a vacation home, venture onto our website.  We geared everything for our clients.  There are links and tons of material on area activities on “Read My Blog“.  Set up your property search criteria at your convenience and contact our team of professionals when you are ready to buy. We are here and available to help in any way.

Here are a Few of My Latest Listings and Properties Sold:

Heirloom Quality/Two Owner Home/Downtown
Heirloom quality custom built two owner home in downtown Gatlinburg. Walk 5 min to many restaurants/ shops and Ober Gatlinburg Tramway. Maintance free masonry stucco so you can enjoy your vacation in the mountains. Spacious, storage, level yard, & carport
Type: Single Family Home
Location: Gatlinburg, Tennessee
Price: $289,900
Get more information >
SOLD-UNDER CONTRACT IN 26 DAYS!!!!
Wow!! Rental income of $40,262 in 2010 for this 1 bedroom/1.5 bath makes this custom built log home a fantastic opportunity for someone. 3 levels w/fantastic Smoky Mountain views,private on top of a mountain, but only 5 mins to the center of Gatlinburg
Type: Single Family Home
Location: Gatlinburg ,Tennessee
Price: $199,900
Get more information >
Two Master Suites/Spectacular Mtn View
Two master suites with spectacular mountain views of the Great Smoky Mountains and Ober Gatlinburg Ski Resort. Fully furnished for immediate enjoyment of this beautifully decorated chalet. Great for permanent residence or rental.
Type: Single Family Home
Location: Chalet Village
Price: $229,900
Get more information >

So You Have Booked a Fun Gatlinburg Property and It’s Raining

"Place of a Thousand Drips"

First off, don’t let some precipitation ruin your vacation in these beautiful Smoky Mountain homes.  Rain can actually enhance the Smoky Mountains experience.  How can rain enhance the trip? Read on, and explore the magic of rain in the Smokies.  What many people fail to realize, is that parts of the southern Appalachians (including the Smokies) are a temperate rain forest. The highest peaks average over 85″ of rain per year.  Wet years can produce over 8 feet of rain annually. Yes I said 8 feet! When you combine serious changes in elevation mixed with copious quantities of rain, you get the crucial ingredients for waterfalls.  If you go online, you can pull up maps to the prominent waterfalls within the Park. However, if your vacation is timed with some of our local monsoons, there are still options for you that allow you to stay dry.

Before we explore some of these rainy day adventures, some caution should be noted.  Any serious rain event (like remnants from a Gulf Coast hurricane or something similar) can put you in peril if you go driving around these mountains recklessly.  Mountain roads are difficult to build and therefore are often more narrow, steep, and hazardous than lowland highways.  These mountain road ways were many times built on the flattest topography of the area.  These frequently follow the creeks and rivers of the mountains.  Valleys or hollows become the low point where a heavy rain can turn a scenic waterway into a raging flood. So exercise caution, because even the steep inclines of mountain roads get greasy with water, mud, and leaves. 

Longtime residents of the Smokies find rainy days to be delightful. Traffic is frequently lighter because many are cocooning in their homes.  The rain in the mountains is so much more 3-dimensional. Clouds and wisps of mist hang on the mountains.  It is easy to see why native Americans called this “land of a thousand smokes”.  As the water makes its way down the mountains, “wet weather” waterways spring to life and dormant waterfalls come alive on the rock ledges of the area.  If you look carefully, you can see Meigs Falls from your car.  It lies on Little River Road, 13 miles from the Visitors Center (west) and 7 miles east of Townsend.  It is easily missed.  You can also see “Place of a Thousand Drips” which is amplified in wet weather from your car.  It lies off Roaring Fork Motor Trail at stop light # 15.

When you combine vehicle sight seeing under reasonable rainy conditions, it becomes a fun, family adventure that even handicapped family members can share.  Remember to consult our previous blogs on fun events and area shopping.  You will learn what our residents already know, there is never a bad day in the East Tennessee Smokies.

If you really want the full experience, consider purchasing a property of your own in the Smokies.  Begin on our website, and set your own personal search criteria.  Our team of experienced professionals is ready to help you “seal the deal”. Start now and find your place in the Smokies.

Here are a Few of My Latest and Current Listings:

Active Location for Office/Residential!
Great, busy location ideal for commercial office site. Has a separate entrance for lower level so could be used for two businesses or in-law quarters if used for residential.
Type: Office
Location: Sevierville,TN
Price: $399,900
Get more information >
Exceptional View and Location!
Exceptional cabin with exceptional views, amenities, and location. Fully furnished.
Type: Single Family Home
Location: Gatlinburg ,Tennessee
Price: $279,900
Get more information >
Mt LeConte View w/Large Open Floor Plan
5 bedrooms all with in suite baths for privacy. Huge great room for those family gatherings and could walk to trolley to take to town or to Nat’l Park.
Type: Single Family Home
Location: Gatlinburg ,Tennessee
Price: $350,000
Get more information >

Vacationers Love to Stay in Smoky Mountain Homes

Gatlinburg real estate gets a lot of press when it comes to vacation lodging.  However, this week’s blog is focused on Sevierville (pronounced severe-ville) .  This lesser known city of Sevier County is the county seat.  In land area it is on the way to becoming the largest municipality in Sevier County.  With this large expanse of land, comes opportunities.  Gatlinburg and Pigeon Forge are famous, but Sevierville is on the road to becoming the premier shopping destination of this area.  Currently, Sevierville boasts two of the largest outlet malls around.  The upscale Tanger Five Oaks Factory Outlet Center is the largest of its kind in Tennessee.  Outdoorsman can find awesome shopping at Bass Pro Outdoor World, Smoky Mountain Knifeworks, and the Orvis Company Store.  The shopping spectrum in Sevierville ranges from family run; antique shops, galleries, boutiques, and specialty shops, to huge corporate-owned mega stores.  A scrapbook store with the largest inventory in the United States is within the city limits. 

Shopping in Sevierville begins out along the I-40 corridor and works its way down Rt 66 into downtown Sevierville.  The opportunities continue down the parkway until the limits of Pigeon Forge are reached. Shopping related activities are a major event here and the city hosts; web-site deals, sales tax holidays, etc. for your convenience.  The beauty of shopping in Sevierville is there is something for every family member.  Dad can find shops that cater to his interests like tools, while Mom finds ample; shoes, clothing, cooking, and children’s shops to engage other members of the family. If you love shopping for recreation or as a solution for your family’s needs, consider Sevierville as a vacation destination.  It’s location is easy to find and it sits out away from much of the National Park traffic.  You may find many benefits to visiting this lesser known city of the Tennessee Smokies.

For many of the previously mentioned reasons Sevierville should be worth a look on your trip to the area.  These same benefits apply to buying property in Sevierville.  Hop on our website and begin exploring the wonders of Sevierville, Tennessee.

Here are a Few of My Latest Listings:

Condo w/ Easy Access/Amazing Mtn Views!
Location and views are what this condo is all about. Even includes a community indoor and outdoor pool.
Type: Single Family Home
Location: Gatlinburg, Tennessee
Price: $89,900
Get more information >
Right on the Creek in Gated Community!
Own a mobile home in a gated community with a beautiful recreation area with two pools(one for adults and one for kids).The land is deeded property which you own as well, and is right on a gorgeous creek. Fully furnished and includes SS appliances.
Type: Single Family Home
Location: Gatlinburg ,Tennessee
Price: $89,900
Get more information >
Fantastic Mountain Views and Private!
The private location and awesome mountain views make this home a winner. It is on a level lot, level parking and side yard, 3 mi to Gatlinburg so close to everything, open floor plan with 4 master suites which is always desirable for privacy and space
Type: Single Family Home
Location: Gatlinburg ,Tennessee
Price: $329,900
Get more information >

Homes in Gatlinburg and Across the Tennessee Smokies are Deals for Buyers

If you are considering Smoky Mountain real estate, now is a good time for buyers.  The inspiration for this week’s blog comes from the Great Smoky Mountain Association of Realtors. GSMAR provides it’s members with stats on property sales within the association’s area.  The data compares residential sales (single family, condos, townhouses, and co-ops).  This is a repeating theme that we have blogged about, but repetition is for emphasis.  We also utilize cumulative numbers (year-to-date) that are better in our opinion to compare yearly month ends.  The YTD figures even out “over-active” time periods possibly induced by government stimulus.  This can help spot market trends which generally reveal themselves over wider spans of time. 

In Total Residences Sold, 2011 lags 2010 by 85 total or 13% less (566 vs 651). 

In Total Residential Dollar Volume Sold, 2011 is $18,059,163.00 behind 2010 or 16% lower ($94,742,880 vs $112,802,043).

In the Average Residence Sold category, 2011 is only $5,885.00 less than 2010 or 3% lower ($167,390 vs $173,275).

In the data for Active Listings, 2011 trumps 2010 with 605 more or an increase of 14% (5,052 vs 4,447).

So here is a possible scenario of what may be happening.  As 2011 progresses, we are getting further away from the influence of government stimulus. The forces of a market driven economy may be revealing themselves, at least to some degree.  The large divergence of numbers in stimulus 2010 vs non-stimulus 2011 seems to be fading.  The average residence sold is only about $6,000.00 less in 2011.  The overall number of sales and dollar volume is now close to 15% less in a stimulus-free market, while active listings continue to climb.  It could be that prices have bottomed or are close to a bottom.  There is plenty of residential inventory to choose from.  For potential buyers with cash or great credit this is a great time to buy.  You can lock in a hard asset (property) that allows you to insulate yourself from some investment “volatility”. There could always be more downside even in real estate.  However, what investment allows you to enjoy one of the earth’s most beautiful areas than property in the Smokies?

Any investment requires personal research and due dilligence.  If you feel that real estate in the Tennessee Smokies provides benefits, as well as investment potential then surf our website at your convenience.  We geared everything to make your property search as easy and fun as possible.  Begin today and find your dream.

Here are a Few of My Latest Listings:

Totally Furnished w/ Screened Porch!
Full furnished with very nice decor. Covered screened hot tub deck for relaxing while enjoying the mountain view. Stone F/P in the living room and stainless steel appli in the well designed kitchen.
Type: Single Family Home
Location: Pigeon Forge
Price: $234,900
Get more information >
Level Ridge Top w/ Amazing Mtn Views!
Level ridge top property with amazing mountain views to enjoy from the wall of glass in the open great room. 2 private bedroom suites, one on each level. Tongue and groove throughout. Even a community pool to enjoy on those hot days.
Type: Single Family Home
Location: Gatlinburg, Tennessee
Price: $219,900
Get more information >
Fully Furnished Log Cabin!!
Fully furnished with beautiful decor. Soaring ceilings with lots of windows, log look with all wood inside including hardwood floors. Whirlpool tub, loft gameroom, hot tub are just a few amenties that make anyone’s stay more enjoyable.Great rental history
Type: Single Family Home
Location: Gatlinburg ,Tennessee
Price: $144,900
Get more information >
Private Suites, Mountain View!
This home has a large level parking area for guest and great mountain view. Large bedroom suites, beautiful mtn stone F/P in the cathedral living room and recreation room with all the amenities to make your stay enjoyable.
Type: Single Family Home
Location: Chalet Village, TN
Price: $225,000

Folks in Gatlinburg Homes and Across Our Nation Love a Great Fourth of July Celebration

Gatlinburg properties and nearby locations in the Tennessee Smokies get a front row seat for some awesome July 4th festivities.  That is why we wanted to provide our blog readers with some early notice for this area’s fine activities that celebrate our nation’s birthday.  Gatlinburg will begin it’s 36th year for the first 4th of July parade in the country.  The parade line-up begins late on July 3rd and the parade starts on the stroke of midnight when the clock ticks over to July 4th.  There will be approximately 100,000 spectators viewing the parade participants.  The event is highly patriotic with an emphasis that honors current and past military personnel.  These individuals have served this country by risking their lives for our freedom.  The parade highlights their sacrifice.  The procession is over a mile long and has a variety of components from elaborate floats to marching bands.  More detail are available via Gatlinburg’s website. 

Another key element on the area’s July 4th celebration is Restless Heart.  They will headline at the Patriot Festival in Pigeon Forge on their 4th of July celebration.  The group had 4 gold albums and six #1 country singles in the early 1980’s  Additional flavor will be provided by The Return , a Beatles tribute band and Jimbo Whaley & Greenbrier, a local bluegrass group.  All of this entertainment is free, courtesty of the City of Pigeon Forge. 

Other area events include an Indepence Day sidewalk sale at the Beltz Outlet stores.  Downtown Gatlinburg hosts a great fireworks display downtown on July 4th at 10pm. Pigeon Forge also has a fireworks display on July 4th at Patriot Park.

We present many of these events to entice you to come and visit.  However, there is nothing quite like owning property here in the Smokies.  When you own something in the area, you can visit based on your schedule.  Venture on our website and look for something that fills your needs. Once you find it our expert staff is ready to help you seal the deal.  Begin today to find your home in the Smokies!!

Here are a Few of My Latest Listings: 

8 Bedroom Cabin with Mountain View!
Wow! 8 bedroom cabin with so many amenities for your enjoyment, plus an incredible mountain view!! Great gross rental income in 2010 of $47,471 plus 2 wks of personal use during prime time! Great investment or permanent residence!
Type: Single Family Home
Location: Chalet Village
Price: $409,900
Get more information >
Incredible Mtn Views! Fully Furnished!
Incredible mountain views from this 8 bedroom, 5 bath home. Lots of amenities to make your stay enjoyable. $46,354 in gross rental income in 2010.
Type: Single Family Home
Location: Gatlinburg ,Tennessee
Price: $409,900
Get more information >
11 Bedroom- Smoky Mountain Stunner!
This 11BD/11.5BA mountain top home is designed with hardwood floors, high quality furnishings and antique decor throughout. A stunning handcrafted cedar staircase, sunroom w/large swim spa, sauna, media room, over 2500 sq ft of decking to enjoy the view!
Type: Single Family Home
Location: Gatlinburg ,Tennessee
Price: $1,475,000
Get more information >



   

Cash is King for Homes in Gatlinburg

The key to Smoky Mountain real estate is cash.  A May 9th, 2011 article for Smart Money in the Wall Street Journal is the motivation for this week’s blog.  According to this story, 60% of investment buyers are walking away from loans and are slapping down American dollars for their purchases.  The federal reserve’s blitzkrieg printing of U.S. dollars may be forcing savy investors to buy their property with cash.  For several years, many areas of the nation have lagged in purchases of investment property.  However, some locations including the Tennessee Smokies are witnessing the beginning of a turnaround.

The core members of this new cash purchase wave are buyers with uncompromised discretionary income.  These buyers are not forced to choose between sending children to college, and buying a dream vacation home.  The number of all-cash property purchases has increased from 48% in 2009 to 60% last year.  Requirements on home loans were tightened across the board to stem the number of foreclosures.  This is especially true in the second home market.  Data firm, Core Logic, reports that second home mortgages created in 2010 is down 73% from the height in 2005.  With the median price falling in investment properties, some sellers expect cash-only deals.  This has become common place at the higher end of the market.  With an ever increasing aversion to debt, the all-cash deal guarantees a greater likelihood that the transaction will go through.  Cash deals eliminate many last-minute cost surprises, and move to closing in record time.

Despite all these benefits, some feel that low interest rates are too great to pass up. Other advisers think that it is easier to get money out of other investments (like stock) than real estate.  Some feel that returns from other investments are greater than being debt-free in a home.  Decisions like this requires knowledgeable expertise.  Consult with your attorney, CPA, and financial experts.  Our website and trained staff is here to help you lock in your ideal property.  Begin with your advisor and move to our team when you feel confident to proceed.  We are ready to assist at any step in the real estate sale, or acquisition process.

Here are a Few of My Current Listings:

A-Frame w/Serene Setting/Incredible View
Total privacy with this A Frame home with incredible mountain vista and mature native mountain laurel. Located in Gatlinburg and walking distance to community pools, tennis courts, and Ski Resort.
Type: Single Family Home
Location: Gatlinburg ,Tennessee
Price: $169,900
Get more information >
Just Reduced!! Premier View of Smoky Mountains!
Condo with sought after mountain views and 3 bedroom plan. Indoor and outdoor pools, hot tubs and saunas and really close to the Great Smoky Mountain Nat’l Park and ski resort.
Type: Condo
Location: Gatlinburg, Tennessee
Price: $99,900
Get more information >
Pigeon River Right Outside Your Door!
This remodeled riverfront home is a sure to please. With the calming sounds of the Pigeon River right outside your door this completely remodeled home complete with sauna and hot tub are sure to take the stress away!
Type: Single Family Home
Location: Gatlinburg ,Tennessee
Price: $299,900
Get more information >

Gatlinburg Homes Enjoy a Unique Firefly Display

Our Smoky Mountain real estate enjoys some phenomenal benefits from Mother Nature.  People flock to these wonderous mountains to view the natural splendor that permeates the area.  The biodiversity of this region rivals some of the equatorial rain forests. Our changes in elevation allow for plant and animal life that are normally found in other areas.  These climatic niches provide the perfect environment to nurture a multitude of flora and fauna.   

Among the wonders of the Smokies are synchronous fireflies. Many people have seen fireflies. However, the Smokies are one of a few locations on earth where the fireflies flash in unison.  This natural phenomenon occurs when all of the male individuals of one species synchronize their flashing light sequence.  This light flashing is part of the lightning bug mating display.  There are about 14 species of fireflies in the Great Smoky Mountain Park.  Each species has a unique light pattern.  It helps each type to identify its own kind.  The males fly and flash while females remain grounded and flash back.  Light color and flash patterns vary by species.  Lighting activity seems to peak in a 2 week time frame around mid June.  Flashing is not always together.  Sometimes it is in waves or at random. 

To celebrate this phenomenon, the National Park will close the Elkmont entrance road to motor vehicles from 5-12 pm, June 4-12th to allow Gatlinburg trolleys to bring in viewers.  Cost is $1.00/person round trip.  Flashlights can interfere with people’s night vision and disrupt the firefly beetles.  Cover your light with red or blue cellophane.  Use your light minimally only when moving to or from a viewing spot.  Point the light down and turn it off when you reach your destination.

If you are considering a trip to this area, schedule some firefly viewing.  Go online and view synchronous fireflies for more details. If you are thinking about real estate in the Smokies, contact the Jason White Team.  Begin your quest online and get pre-approved to know what financing options are available.  When it is time to finalize your search, call on our team of experts.  Begin at your convenience anytime.

Here are a Few of My Latest Listing:

Prime Location in Gatlinburg-Quality !
Great construction quality and prime location in Gatlinburg. Mostly level lot w/nice yard, gourmet kitchen,high end bathrooms and large 4×6 whirlpool. Fantastic outdoor space w/wrap around decking.
Type: Single Family Home
Location: Gatlinburg ,Tennessee
Price: $235,000
Get more information >
Newly Remodeled w/ Mountain View!
Beautiful home high up in Gatlinburg. Freshly remodeled and includes furniture. Come and enjoy the mountain view from your covered porch or hot tub deck.
Type: Single Family Home
Location: Gatlinburg, Tennessee
Price: $199,900
Get more information >
$58,000 Gross Income in 2010-Short Sale!
Short Sale Income Producing Opportunity!! $58,000 gross income in 2010. Four level, 7bed/5bath log home, fully furnished with fine electronics and furnishings. Great view, and even has a media room and level parking.
Type: Single Family Home
Location: Chalet Village, TN
Price: $350,000
Get more information >

Considering Lodging at a Gatlinburg Home on your Trip to the Smokies?

Smoky Mountain homes are a great vantage point for enjoying a personal close-up of this majestic area.  In our earlier blogs, we have hi-lighted the additional pleasure one can have if they carefully time their visit.  There are abundant opportunities to take in activities, that appeal to your family.  Some of these activities are available almost 24/7.  Others however, are date specific.  We want to get your creative vacation ideas flowing, with some general suggestions in this week’s blog.

Hiking is a phenomenal activity that promotes good health through exercise.  It can be done anytime of the year.  You are in close contact to nature’s wonders.  Tailor your hike by; length, difficulty, and time of day/year to match your own fitness levels.  Water adventures are available in formats from; trout fly fishing on creeks and rivers, to bass boat fishing on Douglas Lake.  Whitewater rafting appeals to many families. Knowledgeable guides can cater to people’s’ skill levels.  Another popular activity that is growing across our area is ziplines.  This tree top thrill is a safe, fun way to view the Smokies.

So far, we have touched on some of the many general activities one could enjoy at this time of year.  However, let us tempt you with a few on going or upcoming events that are date specific. Currently, we have the Smoky Mountain Springfest going on across the area through June 6th.  This upcoming weekend we have the Gatlinburg Fine Arts Festival.  Beginning May 21st running until October 15th is the Gatlinburg Farmer’s Market.  Held at the Alamo Steakhouse parking lot in Gatlinburg, this offers visitors and locals a chance to purchase locally grown food. The Gatlinburg Scottish Highland Festival will be held May 13-14 and the Bloomin BBQ & Bluegrass will be held May 20-21st in Sevierville.

These events we referenced are only a few of this region’s vast array of fun things to do.  For more details, and more events, go to websites for: Sevierville, Pigeon Forge, and Gatlinburg.  If you want the fun to continue, consider buying property in the area.  This allows you the flexibility to stay at your convenience.  Begin your search on our website, in the comfort of your own home.  Set your personal search criteria, and shop properties at your convenience.  Our team of professionals is ready to help you finalize your selection.  Begin today, to find your dream !!!

Here are a Few of My Current Listings:

Outstanding Mtn View/Open Floor Plan!
What an outstanding mountain view with this chalet. Fully furnished with beautiful decor. Open floor plan and spacious rooms with lots of windows to enjoy the view.
Type: Single Family Home
Location: Chalet Village
Price: $279,900
Get more information >
Great View Of Great Smoky Mountains
Live in the prestigious community of Riversong. With the Little Pigeon River close by to enjoy fishing and swimming. This private 1.26 acre property is a must see with wonderful mountain views and just around the corner from the Great Smoky Mountains.
Type: Single Family Home
Location: Pittman Center
Price: $359,900
Get more information >
Exquisite Lofty Mountain Retreat!!
Detail and excellent craftsmanship throughout this lofty mountain home will please even the most discriminating buyer. Complete with an outdoor living space wfireplace that overlooks Mt. LeConte views.
Type: Single Family Home
Location: Gatlinburg ,Tennessee
Price: $495,000
Get more information >

A Perfect Time To Buy That Gatlinburg Home For Sale?

Gatlinburg properties, like other areas of the Smokies are flashing a potential time to purchase signal.  Data from the Great Smoky Mountains Association of Realtors is revealing possible buy indicators.  We will take a look at their figures which compare residential sales for April 2011 vs April 2010.  Remember residential numbers include; single family homes, condos, townhouses, and co-ops.  Another important item to remember is that last year’s marketplace was impacted in a major way by the government stimulus for housing. 

In Total Residences Sold, April 2011 had 108 vs. April 2010 with 151.  Last year with the stimulus it was 28% better or 43 units more .

In Dollar Volume Sold, April 2011 has $16,742,437 compared to April 2010 with $25,818,457.  Last April was $9,076,020 higher or 35% more.

In Average Price Per Residence Sold, April 2011 was $155,023.  April 2010 was $170,983.  Again 2010 was greater by 9% or $15,960.

In Active Listings, April 2011 is at 3,474, while April of 2010 was at 3,148.  Our current April is up 326 listings or 10% more.

With an interpretation of data, it is critical to factor in government or other outside interference in the market.  In addition to serious government stimulation, we must also consider our weather.  We spoke about this in earlier blogs, but it merits repeating.  Most of the east coast including our Tennessee mountains had an exceptionally long, cold, and snowy winter.  Most potential property buyers are not inclined to go driving around looking for real estate when the weather turns nasty.

However, this past April is definitely down from April of 2010 in all categories except active listings.  The current market seems to favor property buyers.  Prices and sold homes are down along with the average price.  Active listings are up.  These factors tend to help buyers over sellers. When you view this, along with the reasonable price of mortgage rates, now could be a great time to buy.

Check out our website and begin your property search.  Set your own parameters and search criteria.  Check out property at home, online, at your own pace.  Our expert team is ready to assist when we are needed.

Here are a Few of My Latest and Current Listings:

Custom Log/Incredible Rental Income
Wow!! The rental income of $40,262 in 2010 for this 1 bedroom/1bath makes this custom built log home a fantastic opportunity for someone. 3 levels w/fantastic Smoky Mountain views, private on top of a mountain, but only 5 mins to the center of Gatlinburg.
Type: Single Family Home
Location: Gatlinburg ,Tennessee
Price: $199,900
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Log w/ Amazing Views of the Smokies
This log home has a fantastic rental history of $43,270 gross income in 2010 as well as a fantastic view of Mt LeConte and the Smokies. Privacy is a bonus while enjoying the covered wrap around decks. Great floor plan w/2 bedrooms and 2 baths on each flr.
Type: Single Family Home
Location: Gatlinburg, Tennessee
Price: $339,900
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Furnished w/ Strong Rental Income!
This property is generating a strong rental income in 2010 of $47,313! Massive open floor plan with cathedral ceilings. Features include movie projector,bar w/fridge,hardwood floors,gourmet kitchen and much more.
Type: Single Family Home
Location: Gatlinburg ,Tennessee
Price: $299,900
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