The Market Doesn't Care!
Sadly, with foreclosures still driving the Smoky Mountain real estate cabin market prices haven't yet started back up. These numbers are what led me this week to gently explain to yet another frustrated seller that "The Market doesn't care what sales price you need." This is of course not at all a fun conversation to have. I do however feel that it is better to disappoint someone on the front end rather than giving them unrealistic expectations only to be unsuccessful in a doomed to failure attempt to sell their property. So many homes in our Gatlinburg/Pigeon Forge/Sevierville market are wildly overpriced and simply will not sell in this current environment. Prices will eventually start back up and I think we are getting close to the bottom of the market as volume is starting to improve, although only ever so slightly.
If you are looking for honest information and not empty promises we look forward to working with you.