Gatlinburg Real Estate Blog

What's the Best Buy? I had a fellow company owner ask me today what property that I had listed that represented the best value for an investor she was working with. With over 60 listings I had to think awhile and came up with the universal correct answer, appropriate for any question one can be asked: "Depends". And it really does depend upon what you are looking for. If a buyer is looking for a large brick residence for full time living you might want to consider the 5 bedroom, 3 bath, two half bath bank owned home we have in Sevierville which offers 3,700 feet of finished living space (all above ground), 10 foot ceilings, multiple fireplaces, formal dining, hardwood and ceramic tile floors as well as excellent condition carpet. All of this and the price has just been reduced to $300,000! If on the other hand you are looking for a very attractive log vacation home in the Pigeon Forge area you might want to consider this property. With quality log construction, a very n...

What's the Best Buy? I had a fellow company owner ask me today what property that I had listed that represented the best value for an investor she was working with. With over 60 listings I had to think awhile and came up with the universal correct answer, appropriate for any question one can be asked: "Depends". And it really does depend upon what you are looking for. If a buyer is looking for a large brick residence for full time living you might want to consider the 5 bedroom, 3 bath, two half bath bank owned home we have in Sevierville which offers 3,700 feet of finished living space (all above ground), 10 foot ceilings, multiple fireplaces, formal dining, hardwood and ceramic tile floors as well as excellent condition carpet. All of this and the price has just been reduced to $300,000! If on the other hand you are looking for a very attractive log vacation home in the Pigeon Forge area you might want to consider this property. With quality log construction, a very n...

Sometimes it's Darkest Right Before the Dawn! My friend Brett Ellis of Fort Myers, FL who is a member of the CyberStars organization that I also belong to recently posted in his blog that sales were up 80% in July when compared with July 2007 and up even more sharply when compared with the previous year. Furthermore, this is not a flash in the pan one time event sort of thing as their market has for three straight months exceeded 2006 & 2007's units sold. Why are the real estate market trends in Fort Myers pertinent to our Gatlinburg real estate market? The answer is simple - we tend to follow their lead. The southwest Florida market started to crack in March of 2005 and trended lower in 2006 and even lower in 2007, just like our Sevier County real estate market did, preceding ours by just a few months. Our markets are also similar in some other ways. Both areas have a large number of second home or seasonal owners and while their run up was sharper than ours in the...

Sometimes it's Darkest Right Before the Dawn! My friend Brett Ellis of Fort Myers, FL who is a member of the CyberStars organization that I also belong to recently posted in his blog that sales were up 80% in July when compared with July 2007 and up even more sharply when compared with the previous year. Furthermore, this is not a flash in the pan one time event sort of thing as their market has for three straight months exceeded 2006 & 2007's units sold. Why are the real estate market trends in Fort Myers pertinent to our Gatlinburg real estate market? The answer is simple - we tend to follow their lead. The southwest Florida market started to crack in March of 2005 and trended lower in 2006 and even lower in 2007, just like our Sevier County real estate market did, preceding ours by just a few months. Our markets are also similar in some other ways. Both areas have a large number of second home or seasonal owners and while their run up was sharper than ours in the...