Gatlinburg Real Estate Blog

The US Dollar and Gatlinburg Real Estate You might at first glance think that the exchange rate for the US dollar and the value of Smoky Mountain real estate don't have much in common but you could just be wrong. No one can miss the much discussed fall of our greenback versus foreign currencies like the Euro. By some accounts, the dollar has slipped over 70% in comparison with the Euro currency which became the standard currency on January 1, 2002 for 12 of the 15 members of the European Common Market. Since then, the Euro has become the standard of currency for many types of international commerce as the dollar's value has continued to drop. Sadly the fall of the US Dollar is not limited to a comparison versus the Euro. In comparison to most all of the major currencies of the world the US Dollar has declined rather dramatically. With the current exchange rate of the dollar versus many foreign currencies very near the all time lows it is interesting that real estate price...

The US Dollar and Gatlinburg Real Estate You might at first glance think that the exchange rate for the US dollar and the value of Smoky Mountain real estate don't have much in common but you could just be wrong. No one can miss the much discussed fall of our greenback versus foreign currencies like the Euro. By some accounts, the dollar has slipped over 70% in comparison with the Euro currency which became the standard currency on January 1, 2002 for 12 of the 15 members of the European Common Market. Since then, the Euro has become the standard of currency for many types of international commerce as the dollar's value has continued to drop. Sadly the fall of the US Dollar is not limited to a comparison versus the Euro. In comparison to most all of the major currencies of the world the US Dollar has declined rather dramatically. With the current exchange rate of the dollar versus many foreign currencies very near the all time lows it is interesting that real estate price...