Pittman Center, A Gem In The Great Smoky Mountains

Once a month we are going to feature fun facts and amenities about many of the different areas around Gatlinburg, Pigeon Forge & Sevierville. This month we are featuring the quaint mountain community of Pittman Center. Let’s take a look at what makes this beautiful location so special.

Just minutes from downtown Gatlinburg is where you will find Pittman Center, a small community of roughly six square miles, which perfectly blends nature, mountain culture and Appalachian history. There is truly something for everyone, from golfing & fishing to visiting the covered bridge. Being just minutes from the Greenbrier entrance to The Great Smoky Mountains offers easy access to wildlife viewing and hiking as well.

In 1784, this mountain region was settled by Frederick Emert and known as Emert’s Cove. The name Pittman Center became official in 1974. In the early 1900s, a Methodist missionary named John Burnett oversaw the construction of a community center & school that were named after a friend, Reverend Pittman. The school supported itself by canning tomatoes & growing apples, with the students doing the maintenance work. In 1955 the Sevier County Board Of Education purchased the Pittman school, combining it with Gatlinburg’s Pi Beta Phi High School in 1963. The only building remaining from the Pittman School is the home economics building which was placed on The National Register of Historic Places in 1996.

The community has resisted commercialism and maintained its roots and mountain heritage. It was awarded the Distinctive Destination award by the National Trust for Historic Preservation. There are many great homes available tucked in to this secluded mountain region. All have been designed with an eye to respecting the surroundings and preserving the past. Pittman Center, Tennessee is truly a mountain getaway in the heart of the Great Smoky Mountains offering homebuyers the best options in modern living with every possible amenity and convenience, yet in a setting so relaxing and quiet, it is a well-planned step back in time. See what gems in the smokies are available here at our website.

Here are a few of my featured Pittman Center listings:

Prestigious RiverSong With A View
$20,330 gross rental income in 2010 & $17,432 in 2011! Wonderful location in the prestigious community of Riversong and only one mile from The Great Smoky Mountain National Park entrance at Greenbriar.
Type: Single Family Home
Location: Pittman Center
Price: $319,900
Get more information >
Mountain Streams/View/Private Home
Fantastic creekside location on 1.84 acres in beautiful Pittman Center. Enjoy the ridge top views and private mountain stream from this log cabin. If privacy is what you want this is it. Even a level driveway and easy parking. Comm swimming pool access.
Type: Single Family Home
Location: Pittman Center
Price: $249,900
Get more information >
One Of A Kind On The River!!
Located on the state’s most pristine river this is truly a one-of-a-kind property. Listen to the sounds of the river on this 2.8 acres in upscale subdivision of Riversong. This home offers a gourmet kitchen, huge game room and even a playroom for the kids
Type: Single Family Home
Location: Pittman Center
Price: $1,290,000
Get more information >

 

 

 

Saddle Up & Come Visit The Great Smoky Mountains In February

 As many of you know The Great Smoky Mountain region boasts numerous festivals and events to celebrate the Appalachian heritage. No matter what time of year you find yourself visiting you can be sure there is something exciting going on. February is no exception, with the 12th Annual Saddle Up event beginning on February 23rd. Let’s take a look at what all the buzz is about.

 There is truly something for everyone at this four-day celebration. It has been listed in American Cowboy Magazine’s list of “Top 101 Western Events”. You can start things off at 10:00 AM on Wednesday with a cornbread tasting at Old Mill Square. From there you have your pick of locations and artists for dinner and intimate concerts on Thursday evening. Friday features three concerts throughout the day featuring top western artists. Many of the artists at the newest addition to the event, the “Stories & Strings” concert, have never performed together and it may truly be a once in a lifetime event. Saturday offers a wide variety of activities including western dance and things finish up on Sunday with a chuck wagon breakfast and cowboy church service. You can find the full schedule of events here.

 We have had a remarkably warm winter here in the Great Smoky Mountains and now is a beautiful time to visit the area. In addition to the Saddle Up event, it is a great time to get into the outdoors. With the weather this nice there are beautiful hiking opportunities and plenty of wildlife sightings. Ober Gatlinburg is open as well and offers a multitude of activities from ice skating, a ride up the mountain side on the aerial tram to skiing & snow boarding (weather permitting). Visit Ober’s site to see the wide variety of year round fun in the mountains they have to offer.

 We are seeing a large number of new listings come on to the market as activity has picked up and the Smoky Mountain market has remained reasonably stable. Now may be a great time to plan a get away to the mountains to take advantage of all the activities and to begin the search for your home away from home in the mountains. Start by visiting our website to begin your search or by emailing us for a free area information packet.

 Here are a few of my featured listings:

Private Log Cabin In The Mountains
Did over $20K in rental income in just six months of 2011! This is a really fantastic log cabin. Huge rooms, great lay out, high ceilings and all wood interior.
Type: Single Family Home
Location: Pigeon Forge
Price: $275,000
Get more information >

 

Picture Perfect Country Cabin
Over $20,000 rental income for 2009, 2010 & 2011. Well built high quality cabin in the country with all the modern conveniences.
Type: Single Family Home
Location: Pittman Center
Price: $189,900
Get more information >

 

Views Of The Highest Mountain Peaks
Over $24,193 rental income for 2010 & $9,956 for only 5 months of 2011! At the very top of Gatlinburg at around 3200ft in elevation sits this gem of a cabin along the boundary line of the Great Smoky Mountains National Park.
Type: Single Family Home
Location: Chalet Village
Price: $399,900
Get more information >

 

 

 

More Positive News For Gatlinburg Investors And Sellers

Along with seeing signs of positive trends in the housing market nationwide and a reasonably stable market in the Sevier County, Tennessee area, we have just come across more good news.

Frommer’s began as a travel guide-book series that started in 1957 and is one of the best-selling travel guides in America. They have an award-winning travel website, http://www.frommers.com/, that covers over 3,500 destinations. They have just announced that The Great Smoky Mountains National Park is the 2012 Top Family Destination in the world. They are giving the Great Smoky Mountains a large amount of publicity with their article about the area.  How does this affect you as a seller or investor in Gatlinburg?

The Great Smoky Mountains National Park has the highest park visitation in the United States with over 9 million visitors each year. With the help of Frommer’s designation and with the fact that Gatlinburg is the gateway community to the park, we look forward to even more visitors than ever before.

As a seller, this kind of exposure is sure to bring more people to the area. Many visit Gatlinburg and are taken with all that the community offers; easy access to the park, numerous activities, shopping etc. Many buyers we come in to contact with say that they recently visited the area and are now looking to buy a second home here. With more people in the area, interest in real estate will spike and more people will begin to look. If you are thinking of selling let us know, we are happy to provide a free market analysis to help you determine the potential value of your property.

As an investor, the area is known for beautiful vacation rental properties and mountain cabins with that special Smoky Mountain feel to them. There has been a decline in hotel stays as more people are renting condos or cabins when they visit. They are looking for an authentic mountain experience. As we begin having more and more people visiting the area, now may be a great time to look into purchasing a vacation rental for yourself. We are happy to obtain rental income history for any property you may be interested in as well as providing direction every step of the way. We can assist with statistics, picking a rental management company, a cash flow analysis and more.

Whether you are thinking of buying or selling, this designation is a very positive thing for Smoky Mountain real estate. Stop by our website to see what’s going on in the market.

Here are a few of my featured listings:

 

Great Four Level Chalet/Nice Ridge View
Did $25,344 gross rental income in 2010 & $24,445 in 2011. Your own Mountain Escape. Very large 4 level chalet that sleeps 16. Big open space in all rooms and 4 levels of decks. Nice mountain views and walking distance to owners club and pools.
Type: Single Family Home
Location: Chalet Village
Price: $239,900
Get more information >

 

Busy 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: $329,900
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: $315,000
Get more information >

 

Why Should You Get Pre-Approved To Purchase A Smoky Mountain Home?

Whether you are searching the web, talking to friends or getting ready to meet your real estate agent you have most likely been asked if you are pre-approved. Ever wonder what all the buzz is about? Let’s take an in-depth look at what it means to be pre-approved, how to do it and why we think it is such an important first step in your home search.

What It Is:
A loan officer will review your financial status, including your income, cash flow and credit score, to help you determine the maximum monthly housing payment for which you may be able to qualify, and, if qualified, “pre-approve” your mortgage before you’ve found a home. 

How To Get It:
We suggest speaking with a few lenders to shop for rates and decide who you feel most comfortable with. A great place to start is at your current bank. Next, ask us for a recommendation. We have a network of lenders that we work with who are very familiar with all aspects of purchasing in the Smoky Mountains. It only takes a short amount of your time but the benefits of  being pre-approved are numerous.

The Benefits:
*Armed with a mortgage pre-approval, you can start searching for homes with a much better idea of your price range, and in turn save time as you will know the right homes to focus on. Obtaining a pre-approval may offer more confidence and certainty to home sellers in your ability to purchase the home.

*It will give you the ability to see the homes you want to see when you start looking. Many sellers in today’s market will not approve a showing without a pre-approval being provided ahead of time.

*Purchase forms often require buyers to apply for financing within a given time period, in many cases, seven to 10 days. By meeting with loan officers in advance and identifying mortgage programs, it won’t be necessary to quickly find a lender, check credit, and rush into a financing decision that may not be the best option.

*Being pre-approved may expedite the acceptance of your offer to purchase. Many sellers will not respond to an offer to purchase without a pre-approval letter. In the meantime, they can continue to consider other offers.

*You will be in a much better negotiating position with a pre-approval in hand especially in the case of multiple offers on the same property.

If you would like more information about pre-approval or would like one of our preferred lender partners to contact you please give us a call or email anytime. We look forward to assisting in your home purchase. While you are working on that pre-approval why not take some time to browse the variety of property for sale in the area?

Here are a few of my featured listings:

 

Smoky Mountain Money Maker
Smoky Mountain money maker did over $26,000 in rental income for both 2010 & 2011. Nestled in a resort like neighborhood this large cabin is filled with amenities & is close to Dollywood.
Type: Single Family Home
Location: Pigeon Forge
Price: $179,900
Get more information >

 

Award Winning Design & Mountain Views
This home’s commanding presence and awe inspiring setting have contributed to its status as an architectural icon. Award winning design and attention to detail create a distinctive home unlike any other you’ve seen.
Type: Single Family Home
Location: Chalet Village
Price: $899,900
Get more information >

 

Fantastic Rental Income & Mtn View!
Incredible furnished rental with fantastic Mt LeConte view. Lots of decks w/hot tub to enjoy the view. Bedroom suites with recreation room and kitchenette for entertaining. Lots of room for large groups. Sleeps 18.
Type: Single Family Home
Location: Sevierville,TN
Price: $399,900
Get more information >

 

 

What Makes The Great Smoky Mountains A Top Destination?

Last week, we touched briefly on the recent Trip Advisor article that named Pigeon Forge #4 on its list of the top 15 United States vacation destinations “on the rise for 2012”.  Now we would like to explore some of the reasons the area could be named such a great destination and what this means to you in terms of a possible real estate purchase in The Great Smoky Mountains.

Trip Advisor attributed close proximity to the Great Smoky Mountains National Park, outdoor activities and other attraction options like Dollywood as a few of the advantages of Pigeon Forge. If we dig deeper into the area we will find a few other things that bring many people back to the area time and again.

First, Gatlinburg and Pigeon Forge boast America’s largest collection of independent artisans. Gatlinburg is the home of Arrowmont School of Arts & Crafts and the 8 mile loop known as The Arts & Crafts Trail.  Established in 1937 the Arts & Crafts Trail has been designated as part of the Tennessee Heritage Trail. Many events throughout the year, such as the twice a year Gatlinburg Craftsmen’s Fair, are centered around Smoky Mountain arts & crafts and attract many visitors, shoppers & craftsmen to the area.

Next, two-thirds of America is within a one day drive. With rising travel costs, the Smoky Mountains are an easy trip for a large portion of travelers to make.

The third point we would like to touch on is the wide variety of activities available. There is literally something for all ages, interests and budgets. Entrance to the Great Smoky Mountains National Park is free. You can spend time hiking, viewing wildlife, camping and much more within the park. Both Pigeon Forge and Gatlinburg boast numerous opportunities for shopping with outlet malls and smaller shops showcasing mountain heritage items. There are a wide variety of dinner shows, haunted houses, go-kart tracks and other family friendly attractions. Throughout the year you will find numerous special events going on, such as The Grand Rod Run car show, Wilderness Wildlife Week, Appalachian Quiltfest and many more.

The area has millions of visitors each year and many come to the area looking for a true mountain experience in a Smoky Mountain cabin. We feel that all of this combined with low property taxes & affordable home prices make this a top area to consider for a real estate investment. 

Our team is experienced in all aspects of purchasing a vacation rental home. We will be there from the very first steps of your search through helping you find the right rental management company. You can take a look at some of the great opportunities available at our website. When the time is right we are ready to assist in any way we can. Give us a call and start  learning what America’s #4 destination has to offer.

Here are a few of my featured properties:

 

Mount Leconte Views
Beautiful mountain home with view, wrap around decks, updates throughout including kitchen, new appliances, quartz counter tops and glass tile back splash. Great for permanent residence or rental.
Type: Single Family Home
Location: Chalet Village
Price: $243,900
Get more information >

 

High on a Ridge outside of Gatlinburg
Log cabin high on a ridge with spectacular views of the Smokies. Excellent location- only 5 mins to Gatlinburg or Pigeon Forge. Cozy log construction.
Type: Single Family Home
Location: Gatlinburg, Tennessee
Price: $129,900
Get more information >

 

Nature & Beautiful Mountain View
Plenty of community amenities, private, yet close to town. Enjoy nature and wildlife at this tastefully furnished log cabin from three covered decks, all with mountain views. Spacious for family gatherings, with two game rooms as well as a living room.
Type: Single Family Home
Location: Pigeon Forge
Price: $325,000
Get more information >

 

December Shows Smoky Mountain Homes For Sale Are Still Moving

We wanted to take this time to look at how the last month of 2011 shaped up for the Smoky Mountain real estate market. We are still seeing a reasonably healthy market with only minor changes from 2010 and plenty of homes in inventory. If you are looking at purchasing investment property now may be the time. A recent article by www.WBIR.com says Pigeon Forge is getting more national attention as a top travel destination.  The article notes that Trip Advisor recently released its 2012 list of the “Top 15 US Destinations on the Rise” with Pigeon Forge making the list at number four. Trip Advisor said one of Pigeon Forge’s advantages is its close proximity to the Great Smoky Mountains National Park and its outdoor activities as well as other attraction options like Dollywood. Let’s take a look at the numbers and see if the Smoky Mountain area may be the perfect place for your next investment.

 In our first category, Total Residences Sold, we see that 2011 is only down by 64 homes from the previous year.

Total Residential Dollar Volume is also down from last year showing a decrease of 9%.

The Average Residential Sale shows only a small decrease of $8,647 from 2010.

Our last category, Active Listings, still shows an increase from last year with 7,071 homes available on the market to choose from. This is a change of 659 homes for sale.

It would seem that the Smoky Mountain area market is still somewhat stable. With plenty of homes on the market as well as all of the national attention as a top destination, this could be the perfect time & place to look at a potential investment home. Get started by looking at the wide array of homes available at our website.

 Here are a few of my featured listings:

 

Smoky Mountain Views Found Here!
Magnificent mountain views but just minutes to downtown Gatlinburg. This mountain get away is perfect for the buyer looking for a prime location at a great price.
Type: Single Family Home
Location: Chalet Village
Price: $154,900
Get more information >

 

Beautiful Ridge Top Property! Great Deal
Beautiful ridge top property with level building site. Clear a few trees to have a wonderful mountain view. Gravel driveway to the top of the ridge. VERY MOTIVATED SELLERS!
Type: Land
Location: Gatlinburg, Tennessee
Price: $39,900
Get more information >

 

Walk To Arts & Crafts Community
A very unique and artistic log home. Very private yet within walking distance to the arts and crafts community in Pittman Center. Beautiful mountain view from the stone patio,covered front porch w/hot tub, and lots of stained glass throughout.
Type: Single Family Home
Location: Gatlinburg ,Tennessee
Price: $168,500
Get more information >

 

 

 

 

Spend Heartfelt Holidays In The Great Smoky Mountains

In an article dated November 21st, Time magazine listed Pigeon Forge as one of the top nine most “Christmassy” towns in America. When we take a look at all of the events, activities & traditions surrounding  the holidays in The Great Smoky Mountains, there is no room to wonder why.

Just this past weekend, Ripley’s Aquarium of The Smokies presented the 36th Annual Fantasy Of Lights Christmas Parade in Gatlinburg. More than 80,000 spectators were expected for the event. With over 100 parade entries and more than a dozen marching bands from Tennessee, North Carolina, Virginia, Georgia and Alabama it was a beautiful Christmas event. You can watch the festivities on video at this link. Coming up this Saturday, December 10th you can join The Great Smoky Mountains National Park for the 36th Annual Festival Of Christmas Past at Sugarlands Visitors Center. Focusing on the culture of the Smoky Mountains with an emphasis on Christmas, this is a free event sponsored in cooperation with The Great Smoky Mountains Association. There will be music by the Lost Mill String Band, Boogertown Gap and South of the River Boys, demonstrations of making mountain berry baskets, apple-head dolls, quilts, and apple butter along with many special presentations throughout the day.

In Pigeon Forge you can enjoy over five million lights on display, stop by Dollywood’s Smoky Mountain Christmas (three-time winner of America’s Best Christmas Event), take a stroll through The Christmas Place (the American South’s largest Christmas store) or spend an evening at the brand new “Smoky Mountain Opry Christmas Spectacular”.

These are just a few of the events that go on in Sevier County during this part of the year. It is truly a special time when The Smoky Mountains come to life with all of the beauty and cheer of the holidays.

Imagine spending your holidays below snow-capped mountain peaks, cozy by the fireplace in your Smoky Mountain cabin. It would be easy to take part in all of these holiday activities and maybe even start a few new traditions of your own. With plenty of homes to choose from, why not get started now towards having your own “Smoky Mountain Christmas” to look forward to? Visit our website to view the wide array of homes available.

Here are a few of my featured listings:

 

Your Smoky Mountain Dream
Smoky Mountain dream cabin for a great price. Wrap around covered decks w/vaulted ceilings and exposed beams. Level yard, patio, spacious rooms and walking distance to Arts & Crafts shops.
Type: Single Family Home
Location:
Price: $239,900
Get more information >

 

Private Oasis Bordering National Park
Private mountain oasis tucked on over an acre bordering the Great Smoky Mountains National Park. Plenty of amenities & plenty of space.
Type: Single Family Home
Location: Chalet Village
Price: $369,900
Get more information >

 

Wonderful Family Home/Fenced Yard!!
Great family home with additional space for possible, media room, in-laws quarters, or teenage paradise. 2 car garage, fenced back yard, and close to Knoxville or Sevierville.
Type: Single Family Home
Location: Sevierville,TN
Price: $259,900
Get more information >

 

Are Homes In Gatlinburg Currently An Unbelievable Buy?

Mountain homes across the East Tennessee Smokies have been attractive investments for many years. A recent article through the National Association of Realtors cites some evidence that the U.S. housing market could recover in 2012. Everyone knows that 2011 was a tough year for our country’s housing market. The market has been struggling to find a bottom and build some momentum for most of this year. However, there are forces building that will eventually propel sales and improve prices. NAR Chief Economist Lawrence Yun thinks 2012 will show improvement. Currently the Chief Economist feels restrictive mortgage credit conditions are keeping home sales low. In addition, confidence among consumers has been uncertain. These major factors are holding the market back. When new jobs begin to increase an escalating buyer confidence will emerge. Demand will be driven by the increase in human population growth.

If we see the economic improvements in 2012 inventories of homes should decline aided by weak new home construction. The decline in home inventory would stabilize prices and perhaps drive them higher. Mortgage interest rates are also currently projected to move up in 2012.

None of the 2012 improvements are guaranteed to occur. However, our year-end market in 2011 has good factors for home buyers. First, prices are well off of their highs and the inventory of properties for sale is abundant. Second, for qualified buyers, mortgage interest rates are close to historical lows. In addition, many foreclosures and other distressed properties are forcing prices down. When market forces change and buyer confidence rises, demand will lower inventory and prices will rise. If real estate is in your plans go on our website and begin your search at home. When you narrow your possible residences to purchase, call and set up an appointment with our team of professionals. Everything we do is geared to find you the Smoky Mountain home of your dreams. Call today!

Here are a few of my featured listings:

 

Wonderful Family Home/Fenced Yard!!
Great family home with additional space for possible, media room, in-laws quarters, or teenage paradise. 2 car garage, fenced back yard, and close to Knoxville or Sevierville.
Type: Single Family Home
Location: Sevierville,TN
Price: $269,900
Get more information >
Mountain Streams/View/Private Home
Fantastic creekside location on 1.84 acres in beautiful Pittman Center. Enjoy the ridge top views and private mountain stream from this log cabin. If privacy is what you want this is it. Even a level driveway and easy parking. Comm swimming pool access.
Type: Single Family Home
Location: Pittman Center
Price: $299,900
Get more information >
Sky Walk To Balcony & Mountain Views
Want a great investment property? Then this is it! Already on a rental program and has a great rental history. Recently updated, offers private bedroom suites, and has a sky walk to balcony and mountain views.
Type: Single Family Home
Location: Chalet Village
Price: $229,900
Get more information >

 

Homes For Sale In Gatlinburg & Other Select Areas Are Selling

 

Our month end look at Smoky Mountain homes continues to reveal areas of strength. We work to give our blog readers helpful material. The Great Smoky Mountains Association of Realtors published their month totals of residential sales through the end of October 2011. The GSMAR data we use is year to date and it compares this year to the same timeframe for last year. As we mentioned in earlier blogs, some areas in GSMAR are outperforming last year by significant margins. Given our current national property market this is great news.

 In the category of Total Residences Sold, this year lags 2010 (1,343) by 114 residences sold or 8% lower in 2011.

Total Residential Dollar Volume Sold was also lower in 2011. 2010 had $224,584,192 or 11% more.

The average 2011 residential sale was close to the 2010 average at  3% or $4,996 lower.

In the last category of Active Listings, 2011 leads 2010 by 572. This 9% gain over 2010 leaves 2011 with 6,628 active listings.

Our local market within GSMAR is reasonably healthy. The change from last year is 11% or less in most categories. This could be a great time for some of our blog readers to pick up some great property. Sale inventory is up and mortgage rates are still very low. Kick things around and begin looking online. You can shop discreetly from your own home. Our team of professionals is ready to assist in many ways to help secure your dream property. Call us today to get started.

Here are a few of my featured 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: $329,900
Get more information >

 

Fantastic Rental Property/Mtn View
Fantastic rental income in 2010- $94,303!! Outstanding view of Mt LeConte in Smokies, with 5 master suites, media room, close to Gatlinburg, ski resort and National Park! Fully furnished!
Type: Single Family Home
Location: Gatlinburg ,Tennessee
Price: $699,900
Get more information >

 

WHAT A BARGAIN! JUST REDUCED AGAIN!!!
Formal, custom built home on a very nice and private corner lot in beautiful neighborhood of Belle Meadows. Close to hospital and all the amenities that Sevierville has to offer.
Type: Single Family Home
Location: Sevierville,TN
Price: $269,900
Get more information >

 

 

Homes In Gatlinburg And Other Parts Of The Smokies Are Selling Well

 

The Smoky Mountain homes market is reasonably healthy. The ease of access and popularity of this area help to buffer our home sales from a challenging national housing market.

In this week’s blog, the focus will be on residential sales figures for The Great Smoky Mountains Association of Realtors. The GSMAR data provides a great tool for evaluating The Smokies’ residential sales. These numbers represent the overall area covered by GSMAR. However, there are locations within our Association that are outperforming last year by significant margins. While the sale numbers of our overall membership remain strong, these hotspots surpass all others. Please remember that residential sales include; single family homes, condos, townhouses and co-ops. These figures are cumulative year to date.

 In the category of total residences sold through the end of September, our year 2011 comes in with 1,646 residences vs. 1,764 for the same time in 2010. 2011 is off by 118 units or down by 7%.

In the category of total residential dollar volume sold through the end of September, 2010 leads with $295,887,524 or $26,760,006 more. In this category 2011 is off by 9%.

The average residential sale for 2011 is $163,504 or $4,233 less than 2010, a difference of 3% less.

Our final category for comparison is in Active Listings. The current year has 7,656. This is 575 more or 8% above 2010.

We previously mentioned that the housing market is currently seeking balance after massive federal stimulus. The evidence that all categories are less than 10% different from the previous year is reasonable. Our current year has no stimulus in effect. Some housing markets across the nation are way below the 2010 figures.

 For residential buyers, the market is good. Interest rates are quite low for qualified buyers. Property inventory offers a great selection. Pricing is well off the market highs and real estate at this point is nowhere near as volatile as other investment markets.

 Get on our website to explore your property possibilities today!

 Here are a few of my new and featured listings:

Breathtaking Mountain Views!!!!!
Enjoy the breathtaking mountain views from this chalet. Located close to town of Gatlinburg for all you shopping and dining adventures, yet private and quiet for your relaxation. Greenbrier River and Greenbrier entrance to the Nat’l Park just minutes away
Type: Single Family Home
Location: Pittman Center, TN
Price: $339,900
Get more information >
8 Bedroom/5 Bath Cabin w/Mountain View!
Wow! 8 bedroom/5bath cabin with so many amenities for your enjoyment, plus an incredible mountain view!! Sleeps 24. 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: $399,900
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 >