Winning Streak Intact and More Good News to Come!
Our market continues to rebound from the last few slow years and for the sixth month in a row, members of the Great Smoky Mountain Association of Realtors have once again posted soundly better numbers than we have seen for the last several years. In fact, EVERY month of 2012 has so far been the best month when compared to the same period in previous years all the way back to 2007 which was prior to the bubble bursting and the near total collapse of the market in 2008. As a board, we aren't about to challenge the amazing numbers posted during 2005-2007 "Build It and They Will Come" years but we are closer to those remarkable results than we have been in any year since. Here is the flash report for June 2012 for your review:
|Preliminary Sales as Reported at the End of the Last Business Day of the Month|
One thing is certain however. Unit volume always increases before prices do and we are finally beginning to see prices rise. If you have been waiting for the right time to get into Smoky Mountain real estate, it is beginning to become clear that now is in fact that opportunity. For more information regarding our Gatlinburg/Pigeon Forge/Sevierville real estate market and the opportunities to invest or simply to find a great property to live in, please contact us!