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Showing posts with the label 2015 Gatlinburg real estate analysis

Late Reporting Takes Away Some of the Pain...

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Although I knew that we wouldn't be able to match the record setting performance of Jul 2014, last month's sales tally is starting to look a little better: We've already matched the best number posted since the rockstar month of July 2014 and since there are usually late reports all the way until mid-month it won't surprise me at all if we end up with the best performance of the past year. In fact, I will forecast that we will. Watch this space for more good news soon!!

Late Reporting Takes Away Some of the Pain...

Image
Although I knew that we wouldn't be able to match the record setting performance of Jul 2014, last month's sales tally is starting to look a little better: We've already matched the best number posted since the rockstar month of July 2014 and since there are usually late reports all the way until mid-month it won't surprise me at all if we end up with the best performance of the past year. In fact, I will forecast that we will. Watch this space for more good news soon!!

February Smoky Mountain Real Estate Sales Dissapoint

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The initial report of February's Gatlinburg area residential real estate sales is a little disappointing. The recent very difficult weather certainly played a part but the full effect of the very unusual for our area past two weeks of ice and snow probably won't be felt until a month or so from now. While the uncharacteristic bad weather may have delayed some closings during February, it likely delayed far more showings and therefore a similar drop in new accepted offers can reasonably be assumed. That shoe won't drop until 30-45 days from now which means that the real impact of the nasty weather won't be seen on this table until March or even April's sales are reported. Here is the source of my concern: The good news is that the sun is now shining, the temperatures are warming, and potential buyers are viewing homes again. This Smoky Mountain real estate agent is relieved that Spring is just around the corner - Thank God!!

February Smoky Mountain Real Estate Sales Dissapoint

Image
The initial report of February's Gatlinburg area residential real estate sales is a little disappointing. The recent very difficult weather certainly played a part but the full effect of the very unusual for our area past two weeks of ice and snow probably won't be felt until a month or so from now. While the uncharacteristic bad weather may have delayed some closings during February, it likely delayed far more showings and therefore a similar drop in new accepted offers can reasonably be assumed. That shoe won't drop until 30-45 days from now which means that the real impact of the nasty weather won't be seen on this table until March or even April's sales are reported. Here is the source of my concern: The good news is that the sun is now shining, the temperatures are warming, and potential buyers are viewing homes again. This Smoky Mountain real estate agent is relieved that Spring is just around the corner - Thank God!!