Homes For Sale In Gatlinburg Could Be In A Warm Market

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This blog works to provide relevant data on Smoky Mountain homes  and how that ties to the overall U.S. real estate market. The National Association Of Realtors reported in late September of this year that August 2011 pending home sales had declined nationally. However, the pending home sales index remains above August of 2010. The PHSI is a future oriented market indicator. It focuses upon signed home sales contracts which are not officially closed. These typically close in 1-2 months. Our interest is not centered exclusively upon this news but on material related to this story.

Four regions comprise the PHSI. Pending home sales here in the South was the only region across the country to have an increase in August 2011. NAR Chief Economist, Lawrence Yun feels that Hurricane Irene certainly impacted home sales in some parts of the nation. In addition, Mr. Yun is concerned that overly strict mortgage underwriting standards are rejecting a sizable number of financially qualified potential home buyers. The Chief Economist is hopeful that standards will be relaxed to allow more qualified buyers to enter the market.

For some time , we have advised our blog readers to get pre-approved for financing. This simplifies the home buying process by eliminating some of the guesswork. Go on our website  today to get started finding your dream property in the Tennessee Smokies.

*Information was obtained from: http://www.realtor.org/press_room/news_releases/2011/09/phs_august

Here are a few of my new listings:

New Construction Full Of Style
Newly built this one is full of style & character. Native stone accents outside with a great exterior color combination. Hand made kitchen cabinets andbathroom vanities crafted from super rare wormy chestnut.
Type: Single Family Home
Location: Gatlinburg, Tennessee
Price: $159,900
Get more information >
Mt. Leconte Views On A Pond
$17,832 rental income for 2010 & $17,444 already for 2011. Fantastic Mt. Leconte & community pond views.
Type: Single Family Home
Location: Gatlinburg ,Tennessee
Price: $179,900
Get more information >
Unparallelled View of Great Smokies!!
Contemporary home with many interior updates and incredible view of ski slopes at Ober Gatlinburg and Great Smoky Mountains.
Type: Single Family Home
Location: Gatlinburg ,Tennessee
Price: $224,900
Get more information >

The 2010 Residential Summary For Smoky Mountain Real Estate

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Winter in the Smokies

Our local Great Smoky Mountains Association of Realtors has compiled 2010’s residential sales through the end of the year.  These figures can be helpful in determining market trends.  The data can assist people in their timing for buying or selling real estate.  Yearly totals are for residential sales, which consist of; single family homes, condos, townhouses, and co-ops.  The summary takes in sales from 1/1/10 thru 12/31/10 and compares residential sales to the same time period in 2009. 

In the category of Total Residences Sold;  2010 had 1,588 sold, vs 2009 with 1,469 sold

2010 saw an increase of 119 or an 8% gain 

For the category of Total Dollar Volume Sold;  2010 had $266,748,392.00, vs 2009 with $259,545,334.00

2010 again saw an increase of $7,203,058.00 or a 3% gain 

In the category of Average Residential Price;  2010 was $167,978.00, vs 2009 with $176,682.00

2009’s average residence price was $8,704.00 higher leaving 2010 with a 5% decrease 

In the category of Active Listings;  2010 had 7,438 listings, vs 2009 with 6,818 listings

2010 led 2009 by 620 listings, or a 9% increase 

We can see from these statistics that 2010 saw increases in most categories.  Some of this may be due to a strengthening market, but caution is required.  The two years in this comparison were heavily influenced by government stimulus in the real estate market.  The results we see are not “free market” forces at work.  With this being said, there are positive factors in play.  People are selling their properties, as witnessed by the increase in active listings.  This makes a good selection of homes for sale.  Interest rates on mortgages are still quite low.  In addition, pricing is reasonable with competition coming from discounted foreclosures, and short sales.  All of these factors combine to offer both buyers and sellers, opportunities in the current market.  Our website and members of our sales team can provide you with resources to either purchase, or sell real estate in the East Tennessee Smokies.  Contact us today at 877-678-2121 to get started.

Here are a Few of My Latest  and Current Listings:

Fully Furnished & Close to Pigeon Forge
Conveniently located, just minutes to downtown Pigeon Forge and Walden’s Creek Riding Stables if you like horses. Fully furnished with beautiful decor overlooking the great mountain views. Great rental or permanent residence. Great rental income as well!
Type: Single Family Home
Location: Sevierville,TN
Price: $179,900
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: $369,900
Get more information >
Take tram to Gatlinburg from this home!
Walk to Ober Gatlinburg Ski Resort or Community Pool. Updated, private and mountain views! Great investment property or personal home!
Type: Single Family Home
Location: Gatlinburg ,Tennessee
Price: $139,900
Get more information >

Call us today to see these listings or any others!  877-678-2121

Considering Real Estate in Gatlinburg For Sale?

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NAR’s existing home sales numbers for August are complete, and they may influence your search for Smoky Mountain real estate.  The National Association of Realtors represents over a million members across the United States and it compiles data relevant to all aspects of the nation’s real estate market.  Data for existing-home sales has been used to track home purchases in America.  Since 1999, existing-home sales have included; single family homes, as well as; condos, townhouses, and co-ops.  These other home components were added to single family homes, because of their significant numbers as residences in large metropolitan areas.  The existing home sales data reflects completed monthly transaction totals for residences.  These are seasonally adjusted.  The monthly figures have more relevant trend significance, when they are compared over larger spans of time and from several different perspectives.  The current period is a good example.  To some readers, the decline of the last few months might appear grim.  However, when viewed longer term, and with the perspective that artificial government housing stimulus has just ended, that conclusion could be inaccurate. 

To gain some perspective, let us back track slightly.  April 2010 was the last month for federal stimulus.  Contracts had to be signed by the end of April, but there was some flexibility on official closing dates to qualify for the tax incentives.  The government intervention obviously beefed up April 2010 sales, by driving buyers into the market to get their cash.  The April 2010 number of 5.8 million looks robust, compared to an anemic 3.8 million in July 2010.  The improvement to 4.1 for last month (August 2010) is encouraging.  Some readers might feel that August 2010’s numbers, while improving, is still below the 5 million range we saw in much of last year. 

However, let us examine some of the potentially beneficial aspects in today’s property markets.  Despite much uncertainty in all investments, real estate offers a tangible place to park some portion of one’s savings.  Properties can be a fun  destination for generating rental income, as a vacation getaway or future retirement home.  NAR’s Chief Economist, Lawrence Yun points out that the residential property market is slowly recovering on it’s own, after substantial government support.  The August increase could be an indicator of this recovery.  The national median existing home price in August 2010 was $178,600 for all types.  This is up 0.8% from last year.  Any increase is impressive, given that deeply discounted properties, like foreclosures, currently make up about 1/3 of all real estate sales.  NAR President Vicki Cox Golder, feels many people are caught in the cross-fire of; Wall Street, the economy’s uncertainty, and housing’s positive aspects.  Prices seem to be stabilizing, interest rates for qualified buyers are low, and there is ample inventory of property for any category of real estate.

                                          

                              

Market timing is never an exact science.  Prices can go up or down. Each family or person must decide for themselves when to buy or sell.  When you are ready to move forward on TN Smoky Mountain real estate, visit us first.  We are leaders in fine Tennessee Smokies’ property.  Let us put years of area knowledge and expertise to work for you.  Contact us by phone at 877-678-2121 or go online to get started today!

Here are a Few of My Latest and Current Listings:

Fully Furnished and Ready for Rental
Great deal on a three level home that is fully furnished. Large bonus room that could be a theatre/bonus room.
Type: Single Family Home
Location: Chalet Village
Price: $179,900
Get more information >
Level Parking/Great Views of Mt LeConte!
Totally updated chalet with huge wrap around deck to enjoy the spectacular views of Mt LeConte. Private master with sitting area and custom tile shower and 2 shower heads and updated gourmet kitchen. Sold fully furnished and short walk to community pool.
Type: Single Family Home
Location: Gatlinburg ,Tennessee
Price: $249,900
Get more information >
Contemporary Mtn Home w/Mt LeConte View
This contemporary mountain home as been updated. It offers amazing Mt LeConte views with master on main level and two bedroom suites and living room downstairs for privacy. Already on a rental program and producing great income.
Type: Single Family Home
Location: Gatlinburg ,Tennessee
Price: $399,900
Get more information >

Homes in Gatlinburg and Across the Nation See Mixed Results in July 2010

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Smoky Mountain real estate follows general property trends like much of the nation.  The July 2010 numbers from the National Association of Realtors in Washington, D.C. reveal some interesting results.  July 2010 figures for existing-home sales were substantially lower by 27.2% from June of 2010 and were off 25.5% compared to July of 2009.  The July 2010 3.83 million units sold is at a level equal to 1999, when existing home sales records began.  Existing home sales represents finalized transactions on; single family homes, townhouses, condominiums and co-ops.  Single family homes have typically made up a majority of the existing-home sales.  However, single family house sales are at lower levels not seen since May of 1995. 

Lawrence Yun, NAR’s chief economist, had predicted this soft period in existing home sales.  He expected the rush for the home buyer tax credit, that ended in April, would create this lull .  The Chief Economist expects the soft pace in existing home sales is probably going to continue through September of this year.  Yun is optimistic that housing affordability, combined with very low mortgage interest rates, could boost home sales later on.  The real key in a healthy housing market remains with the creation of jobs throughout our economy.  If serious job creation occurs, the existing-homes sales will increase.

However, there is encouraging news in single-family existing home prices.  The median price for a single-family home was $183,400 in July 2010.  This median price was up 0.9% from a year ago.  Across the county 11 out of 19 metropolitan statistical areas saw increases in home prices.  This price increase occurred even when the overall sales figures were declining.  If you are interested in buying or selling property in the Smokies, the Jason White Team can help.  As a buyer, you can start your search online.  Our website allows you to set parameters specific to your personal search.  Begin now to find that ideal property and utilize some very low mortgage rates.

Here are a Couple of My Latest Listings:

Fantastic Mountain View & One Level!
Want one level living and great mountain views? This home is for you! Private, level ground with yard and southern exposure not to mention the shady covered front porch and sunny open deck with hot tub.
Type: Single Family Home
Location: Gatlinburg, Tennessee
Price: $179,900
Get more information >
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: $115,000
Get more information >

U.S. Home Sales Continue to Improve

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There is encouraging news that continues to build in the country’s housing market.  My realty news sources out of the National Association of Realtors in Washington D.C. are reporting improvement on multiple fronts within U.S. home sales.  In the first quarter of 2010 more metropolitan areas of the country are seeing home price increases, over the same period in 2009. There were 91 out of 152 metropolitan statistical areas, that saw higher median existing single-family home prices over 2009’s first quarter figures.  The national median existing single-family home price for the first quarter was $166,100.  2009’s first quarter median price was $167,300.  In a median price, 1/2 sell for more and 1/2 sell for less.  This slight decline shows a resilience in the housing market because the first quarter of 2010 contained 36% distressed homes.  “Distressed” homes are bargain priced, typically 15% below market price, and include; foreclosures, short sales, REO’s, etc.  With over 1/3 of the first quarter houses selling with below market prices, the balance of non-distressed homes must be improving their value to offset this difference.

NAR’s Chief Economist, Lawrence Yun is encouraged by the growing stabilization in home prices.  He continues to believe that the drop in inventory of homes for sale will promote home price stability.  The reduction of home inventories has been facilitated by the homebuyer tax credit stimulus.  Yun hopes that this federal stimulus will be enough to allow home prices to consolidate and then resume their upward trend. NAR President, Vicki Cox Golder sees a renewed confidence returning to homebuyers.  She also sees homebuyers moving into a “buy and hold” mindset that is moving away from the “buy and flip” mentality that became prevalent in recent homebuyers.  The NAR President feels that financing of homes may be the greatest hurdle to future home purchases.  Interest rates are beginning to rise and mortgage restrictions have been a challenge to closing deals for many realtors. 

If you have been entertaining the dream of owning a home in the Tennessee Smokies, now could be the time to buy.  There is a good supply of properties for sale.  For qualified buyers, there are good interest rates that are slowly beginning to increase.  Prices are off their highs on most real estate.  With the world’s currency and stock markets moving up and down like yo-yo’s, this could be a good time to put some investment into Smokies real estate.  At least it gives you a reason to come and visit the beauty and fun here in East Tennessee’s Great Smoky Mountains.  Surf our website and get your search parameters set to find the property you want.  Getting started with leading realty professionals of the Jason White Team is only a mouse click or phone call away.  Call today!  877-678-2121

Here are a Couple of My Latest Listings:

Level Parking/Great Views of Mt LeConte!
Totally updated chalet with huge wrap around deck to enjoy the spectacular views of Mt LeConte. Private master with sitting area and custom tile shower and 2 shower heads and updated gourmet kitchen. Sold fully furnished and short walk to community pool.
Type: Single Family Home
Location: Gatlinburg ,Tennessee
Price: $249,900
Get more information >
Contemporary Mtn Home w/Mt LeConte View
This contemporary mountain home as been updated. It offers amazing Mt LeConte views with master on main level and two bedroom suites and living room downstairs for privacy. Already on a rental program and producing great income.
Type: Single Family Home
Location: Gatlinburg ,Tennessee
Price: $399,900
Get more information >

Call me today at the Jason White Team to view any of my listings!  877-678-2121

United States Existing Home Sales Show Continued Improvement

Posted by Gatlin on

 

Existing Home Sold
Existing Homes Sold

My sources in Washington, DC have finished their number crunching on fourth quarter U.S. existing-home sales. The data out of the National Association of Realtors shows favorable results. Fourty-eight states plus  D.C.  had sales  increases from the third through the fourth quarter of 2009. Thirty-two of these states saw double-digit gains. Furthermore, the District of Colombia and 49 states had higher year-over-year sales. In year-over-year sales, only three states among the 49 lack double digit annual gains.  More analysis of 4th quarter information reveals almost one third of the quarter’s sales was in financially-distressed property. The influence of these discounted properties may be a major contribution to the 4.1% decrease in the national median price of an existing single family home. However, this decline was the smallest price decrease for homes in over 2 years. The current national median price on an existing home in the U.S. stands at $172,900.

NAR’s Chief economist, Lawrence Yun feels that home buyer stimulus from the tax credit is fueling the improving conditions. Another factor bringing buyers into the housing market is the record low mortgage interest rates. The influx of home buyers is lowering the inventory of property for sale. In turn, this assists in stabilizing home prices. The rapid turnover on foreclosures and deep-discounted real estate also helps in price stabilization, by removing their low price influence from the market. In addition, today’s home buyer appears more savy, after the recent challenges in real estate. Tighter qualifications are keeping buyers within their budgets, and buyers are avoiding adjustable-rate mortgages. The low rates on long term mortgages currently available,  should help in real estate’s recovery. Chief economist Yun and NAR President Vicki Cox Golder expect good results especially for the near-term, as buyers take advantage of the tax credit.

If you are considering the purchase or sale of real estate in the Tennessee Great Smoky Mountains, contact the Jason White Team immediately, to maximize the current market conditions. There is ample inventory for a great selection of property. The tax credit for new or repeat buyers will expire soon. Homes must be under contract by April 30, 2010 and finalized by June 30, 2010,  to be available for the tax incentive. Real estate prices especially on residential property seems to be stabilizing. This could be an opportunity to buy before prices climb. On a similar note, long-term fixed mortgage interest rates are low, and most predictions call for increases as 2010 rolls along. The year 2010 is starting out stronger and if real estate is on your agenda, contact us today, to begin fulfilling your property dream.

Here are a Couple of My Current Listings:

Gatlinburg Home in Enclave w/ Mtn Views
This custom home has beautiful mountain views with plenty of decking and outside fireplace to enjoy. The spectacular kitchen offers plenty of high end appliances and custom details and the master bath is incredible with tumbled Italian Tile.
Type: Single Family Home
Location: Gatlinburg ,Tennessee
Price: $1,950,000
Get more information >
Spectacular Mtn Views & Unique Features!
This charming home offers a spectacular mountain view and really unique features.
Type: Single Family Home
Location: Gatlinburg ,Tennessee
Price: $229,700
Get more information >

With Year-End Only A Day Away 2009 Real Estate Was Jump-Started by Government Stimulus

Posted by Gatlin on

Happy New Years

Events from the year 2009 are about to recede into history books. As we get ready to look back at ’09, one aspect stands out. Government stimulus in the form of the first-time home buyer tax credit impacted the US real estate market in a big way. My news sources at the National Association of Realtors, in Washington, DC have analyzed data through the month of November. Their conclusions sync well with what the Realtors in the Smokies already know.  November of ’09 saw a scramble of activity from people racing to make the deadline for the homebuyer tax credit. NAR Chief Economist, Lawrence Yun felt that the home buying rush was expected. With the congressional extension and expansion of the home tax credit, more buyers will enter in the market. There may be some decline in activity, as the markets make their seasonal shift from year-end holiday shopping, to a traditionally strong spring new home search. Yun expects home buying to ramp up, as the spring of 2010 progresses and buyers take advantage of the extended tax credit. So far the tax credit appears to be soaking up excess inventory in unsold homes. This has helped to stabilize home prices in much of the US. The stimulus focused on getting first time home buyers into the market. This has created a real demand for lower priced homes, which inturn impacted the national median home price for sold homes.

The government-induced real estate simulus appears to be benefiting the market in a number of ways. We previously mentioned inventories of homes for sale are dropping. Foreclosures, short sales, and other price-distressed properties are quickly being purchased, so their low prices are not around long enough to radically bring down comparable real estate. Pricing overall appears to be stabilizing across the country. Before October of this year, the only real gains were at the bottom of the market. However, for the second month in a row, property sales have risen in all price classes. The median price of sold homes is lower by 4.4% than in 2008, because of the influx of new buyers. The level of sold single family homes is 42.1% above the 2008 numbers. Here in the South, the existing home sales are 44.8% higher than last year and the median price is $151,400, only 1.4% lower than ’08.

If you are considering real estate in the Smokies this could be a great time to buy. For qualifying buyers, mortgage interest rates are close to historical lows. Inventories of property for sale are high enough for good pricing and adequate selection. Start your search on The Jason White Team website. You can define your property search criteria to save time and money. When you are ready to visit or finalize your quest, contact us and we will assist with years of local knowledge and professional expertise.

November Existing Home Sales

 

                       Here are a couple of my vacant land properties:    

Spectacular Smoky Mountain View!!
Unique opportunity to own a lot like this! Spectacular mountain and city view, with level building site.
Type: Land
Location: Gatlinburg ,Tennessee
Price: $125,000
Get more information >
Listen To Mtn River From This Property!!
Listen to the abundant sounds of nature from this 1.64 acre property with river and mountain views. Amazing that you are only minutes from the National Park, downtown Gatlinburg , and Pigeon Forge with such amenities but yet so private.Type: LandLocation: Sevierville,TN
Price: $144,500
Get more information >

 

 Call me today for more information on these properties! 865-436-2121

October 2009 Existing-Home Sales Score Another Gain While Home Inventories Keep Declining

Posted by Gatlin on

Our Thanksgiving Wishes To YouMy sources at the National Association of Realtors in Washington D.C. report continuing good news in existing-home sales for October 2009. Existing-home sales include; single family homes, townhouses, condominiums, and co-ops. Lawrence Yun, NAR’s chief economist was suprised by the size of October’s gain. The increase was 10.1% for October ’09 at 6.10 million units vs. September ’09 at 5.54 million. This represents a 23.5% increase above October 2008 which registered 4.94 million units. The October 2009 numbers are the highest indicators of sales activity since February 2007 set the record at 6.55 million untis. The record sales are methodically working down the large inventory of homes for sale. As this trend continues, the oversupply of homes on the market will drop and home pricing could stabilize. Economist Yun feels that much of the current home buying has been fueled by the deadline of the original first-time buyer tax credit. Initially,  this was set to expire at the end of November 2009. Congress’s extension of the home buyer credit until April 2010 will help bring more home contracts to close. NAR’s research estimates that there is still pent-up demand for homes, and buyers will utilize the tax credit. However, at some point a decline from these increases in home buying is very likely to occur. Historically low interest rates are also helping to motivate today’s home buyers. A 30 year conventional fixed rate mortgage in October ’08 was 6.20%, in September ’09 it was 5.06%, in October ’09 it was 4.95% and in November ’09 it dropped to 4.83%

NAR President ,Vicki Cox Golder out of Tuscon, AZ , says that activity by first-time buyers is causing unique conditions in housing markets across the country. Foreclosure properties are rapidly getting purchased, with many lower end units getting multiple bids. Low-end home inventory is in demand and it is important to work with qualified realtors to get what you want. The inventory of homes on the market has dropped to an estimated 7 month supply. That is the lowest supply in 2 1/2 years. The national median price for existing homes is down, because of strong pressure from distressed properties. Foreclosures and other distressed real estate are deeply discounted and they tend to force other properties to be more competitive in their pricing as well. All regions of the country are up in existing-home sales, but the median pricing of homes is down from last year.

If you are contemplating, buying or selling real estate in the Great Smoky Mountains area, it is a good time. Inventories are dropping, but they still offer a great selection. Buying activity fueled by the first-time buyer tax credit is good and mortgage rates are very attractive. Let the local market knowledge, and the professional expertise of the Jason White Team help you buy or sell your real estate in the Smokies. View my featured and latest listings now.

 

Here are a few of my featured listings. Condos in the middle of Downtown Gatlinburg. You can leave your car for your vacation and walk or ride the trolley. The trolley goes to Dollywood and several parts of the National Park. Aquarium is just two blocks away by foot.

Hugh Price Reduction in Gatlinburg!
Hugh Price Reduction with great location!
Type: Condo
Location: Gatlinburg ,Tennessee
Price: $199,900
Get more information >
Relaxing Garden Patio- Gatlinburg Condo!
Recently refurbish in excellent taste!! This downtown Gatlinburg condo is located on ground floor and corner unit for privacy. Easy access to private outdoor pool.
Type: Condo
Location: Gatlinburg ,Tennessee
Price: $199,900
Get more information >
Gatlinburg Condo Close to Pool!
This unit is close to the pool on ground level. It is refurbished and professionally decorated.
Type: Condo
Location: Gatlinburg ,Tennessee
Price: $199,900
Get more information >
Refurbished Gatlinburg Condo!
Fine living plus a highly desirable ground level corner location for privacy! Professionally decorated with flowing floor plan.
Type: Condo
Location: Gatlinburg ,Tennessee
Price: $199,900
Get more information >
Condo in Downtown Gatlinburg
Great condo in Downtown Gatlinburg. Within walking distance to the Aquarium, restaurants, and shopping.
Type: Condo
Location: Gatlinburg ,Tennessee
Price: $199,900
Get more information >

First-Time Home Buyers Are The Driving Force In Existing Home Sales

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Log-HomeMy sources at the National Association of Realtors in Washington, DC, are reporting that exisitng home sales rebounded strongly in September, with first-time buyers leading much of the sales.  The “NAR” is the largest trade association in America, representing 1.2 million members who work in various parts of the residential and commercial real estate industry.  Our association closely monitors activity in various segments of the real estate industry.  September’s existing-home sales marked another gain for the year, making 5 gains in the past 6 months.  Existing home sales include; single family homes, townhomes, condominiums and co-ops.  Data reveals sales jumped 9.4% to a seasonally adjusted annual rate of 5.57 million units in September 2009 vs 5.09 million in August 2009.  This is 9.2% higher than September 2008 figures of 5.10 million units. Sales activity is at the highest level in over 2 years.  July 2007 set the record with 5.73 million units. 

NAR chief economist, Lawrence Yun ,was cautiously optimistic in his monthly assessment. Yun felt that much of the current momentum is due to people utilizing the first-time buyer tax credit.  He was hopeful that the tax credit would be extended or expanded  into next year.  This would allow rising sales momentum to build into a point of self-sustaining recovery.  Yun feels despite the improvement, that the market in real estate has been lagging.  There is a lot of wealth tied to home values especially for the middle class.  Home prices are appearing to stabilize, but there needs to be a steady supply of genuine buyers to reduce the large inventory of unsold homes.  This action would calm consumer fears and boost the overall economy.  Without a middle class participation, recession recovery could be lengthy and weak. 

NAR President, Charles McMillan was optimistic that conditions for home affordability are favorable.  Home affordability this year is as good as records dating back to 1970.  However, he feels that the expiration of the tax credit for new home buyers may hold potential buyers out of the market.  Current homes are selling below current construction replacement costs.  Total inventory of unsold homes is dropping, but not as fast as industry leaders might desire. 

All of this data shows that home price stabilization could be in it’s early stages of recovery.  Home affordability is reasonable.  Mortgage interest rates are historically close to their lows.  There is a lot of inventory still out there for buyers to consider.  Well-priced, properly staged homes are still selling.  So, if you are considering the real estate market as a buyer or seller, now is a good opportunity. Contact The Jason White Team to get started and find out how our professional team of experts can help you achieve your real estate goals. Click here to view our local listings.

          Here are a Couple of My Latest Listings 

 

 

Heritage Log Home w/ Views of Mt LeConte
This beautifully built Heritage Log Home in prestigious Chalet Village has great views of Mt. LeConte. Private yet close to downtown shopping and dining. Three master suites for privacy and on a open lot with level parking.
Type: Single Family Home
Location: Gatlinburg ,Tennessee
Price: $379,900
Get more information >
Value for the Money w/ Incredible Views!
This artisan quality home has possibly the best mountain views around. Located in Prestigious Chalet Village, this home would cost over a million $ to reproduce in today’s market. Such a value for your money. It even has an elevator!!
Type: Single Family Home
Location: Gatlinburg ,Tennessee
Price: $799,900
Get more information >