The Realty-Smokies Team - your resource for Smoky Mountain Real Estate
including homes, cabins, & condos in Gatlinburg, Pigeon Forge, and Sevierville!

Welcome to our website! We hope you'll find all of the information you need to begin the road to home ownership, or to sell your property in the Smokies. If there's any further information you need, or if you're ready to buy or sell, please don't hesitate to contact us ... helping you achieve your goals is our specialty!

Jon & Beth - The Realty-Smokies Team

Smokies Real: 2013 in Review

The final sales figures are now in for 2013, and they illustrate a Smokies area market that continues to strengthen as modest increases in demand have created a better balance with an inventory that is for the most part now priced appropriately for market conditions.

We finished the year with 1302 residential units sold in Sevier County, which was up 4% from 2012. Market volume was just over $219 million, representing an 8.5% increase from the previous year. Even more indicative of market equilibrium was the median sale price, which was up 7.1 % to $149,950.

The 6-month moving average, which offers an excellent overview of market direction, posted its biggest gain in 4 years in the second half of 2013, after nearly 2 years of little movement:
For 2014 we expect continued growth with modest appreciation, as improvements in the national economy and wide-region real estate markets bring more investors and second home buyers to the Smokies.

We don't believe the new Qualified Mortgage rules will have much effect on our area; a great majority of our buyers are very well-qualified, and 35.8% of all transactions in 2013 were cash purchases. It is possible that rising mortgage rates will impact our market, though most industry analysts don't expect rates to exceed 5% before the third or fourth quarter of the year.

2014 promises to be a year of opportunity:
Please contact us today for more information, and to discuss how
we can help you achieve your real goals in 2014.

Visit our Buying Page for more information, our Search Page to start browsing all available listings, the Features Page for select properties, or call us today for personalized assistance to find your home in the Great Smoky Mountains.