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Showing posts with the label Sevier County economy

Don't Jump Off the Cliff Just Yet...

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With all of the bad news about, there are certainly reasons for Americans to be concerned. The COVID-19 pandemic and the economic downturn it is creating are without a doubt the two biggest challenges, but they are not the only reasons to be on edge. Although amazingly low oil prices are a welcome relief for consumers, they have served to put our US oil industry into a turmoil that will almost certainly lead to the loss of some companies and the consolidation of others in that business. On the vacation resort community side of the fence, the decades low oil prices are a good thing for us here in Sevier County. Don't know what your gas prices look like but here in Sevierville today they look like this:   No, those photos aren't an April Fools' joke. They really are selling gasoline at multiple locations for under $1.30/gallon. Not sure how long this can last but like everybody else I'm going to make sure that all of our vehicles are fully fueled. Mortgage rates are als...

Don't Jump Off the Cliff Just Yet...

Image
With all of the bad news about, there are certainly reasons for Americans to be concerned. The COVID-19 pandemic and the economic downturn it is creating are without a doubt the two biggest challenges, but they are not the only reasons to be on edge. Although amazingly low oil prices are a welcome relief for consumers, they have served to put our US oil industry into a turmoil that will almost certainly lead to the loss of some companies and the consolidation of others in that business. On the vacation resort community side of the fence, the decades low oil prices are a good thing for us here in Sevier County. Don't know what your gas prices look like but here in Sevierville today they look like this:   No, those photos aren't an April Fools' joke. They really are selling gasoline at multiple locations for under $1.30/gallon. Not sure how long this can last but like everybody else I'm going to make sure that all of our vehicles are fully fueled. Mortgage...

January is Jumping!!

Usually, the first of the new year means a short break from the occasional traffic jams and potential long lines at restaurants that Sevier County residents (and visitors) sometimes face, but there seems to be no respite this year. Good weather, low gas prices, a number of Christian youth conferences, and a generally improving national economy have combined to create the busiest January that I can remember. Several times this month I have remarked to those in the truck with me that there seemed to be a lot of people in town and this was confirmed by another article in The Mountain Press on Thursday . Smoky Mountain real estate transactions continue to be strong as well. January looks great from my point of view as well with several homes already completed this month and a few more set to close by the end of next week. Hey, who really needs an off season anyway??

January is Jumping!!

Usually, the first of the new year means a short break from the occasional traffic jams and potential long lines at restaurants that Sevier County residents (and visitors) sometimes face, but there seems to be no respite this year. Good weather, low gas prices, a number of Christian youth conferences, and a generally improving national economy have combined to create the busiest January that I can remember. Several times this month I have remarked to those in the truck with me that there seemed to be a lot of people in town and this was confirmed by another article in The Mountain Press on Thursday . Smoky Mountain real estate transactions continue to be strong as well. January looks great from my point of view as well with several homes already completed this month and a few more set to close by the end of next week. Hey, who really needs an off season anyway??