Complete real estate information about the Gatlinburg area real estate market and everything related to it including Pigeon Forge and Sevierville as well as the rest of Sevier County and our Great Smoky Mountain National Park area. Current market statistics and new listings including foreclosures are also highlighted here.
Great Foreclosure Bargain Cabin
Just after midnight, VERY early this morning, we received a price from Fannie Mae on this 3 bedroom, 2 bath Sevierville cabin property. Due to Fannie Mae's First Look policy, we cannot enter any offers for 3 days but on Friday, we will be able to submit offers for prospective occupants. Investors will re required to wait a total of 3 weeks before they can submit offers. For more details, please click here to view the brand new MLS entry. Here are some photos of our very attractive Gatlinburg area listing:
Last month, I expressed some concern that our 2012 winning streak for Smoky Mountain residential real estate sales was going to be broken. Unlike the first 8 months of the 2012, September's results did NOT exceed those of September 2011. I also reminded readers that one month does not a trend make and that we would need to wait a couple of months to get a clearer indication of where our Gatlinburg area real estate market was headed. That caution turns out to be quite well thought because the latest residential sales results for our Gatlinburg area real estate market seem to be much better, with the early results already being better than most recent year's October results. Here is my preliminary table showing the good news:
Too busy to post doesn't really say it all. We have been in an absolute deluge, with all sorts of things happening including this fellow: We really enjoy spending time with our new grandson so the real estate business has temporarily taken a backseat. Camden was born two weeks ago and we just can't get enough time with him.
On a business note, sales in our Smoky Mountain market continue to be off from last year, but September may break the slide as we are verrry close and sales from last month will likely continue to be posted. We just need a few more to be ahead of September 2016:
It is worth noting that year to date 2017 is still ahead of 2016 so if during the final quarter of this year sales continue to be close to the levels from a year ago, we should still finish ahead of last year. This would make 2017 the 6th consecutive positive year and the best year since 2005 which was the all-time high water mark.
We have recently listed 4 otherwise unrelated Smoky Mountain true luxury properties in Sevier County and these estates are absolutely breathtaking. Whether you are looking for an incredible view from a huge mountain side home overlooking Gatlinburg, a spectacular 100+ acre horse farm estate in the Wears Valley area of Sevierville, the landmark Gatlinburg Castle, or just desire your own massive pristine property surrounded by the State and National Forests, we can satisfy your urge to own an undoubtedly unique Smoky Mountain estate. Click on the caption under each of the pictures below to be directed to a full description of these remarkable Gatlinburg area estate properties.