With a lot going on in my personal life, it has been a challenge to keep this blog current. Sadly, this is a challenge that I have failed at – Actually, embarrassingly so. However, now that I have moved into my new residence and most of the boxes are unpacked, it’s time to get back to normal…
November’s residential sales for our Gatlinburg area market were significantly better than those from a year ago. While still preliminary, we are already 5% above the final total from November 2010 and that is good news. I expect that residential sales as reported by our Great Smoky Mountain Association of Realtors will eventually top out at around 150 but the flash value of 139 still shows promise. For you who are graphically oriented, here is the latest table:
Look for more good news coming soon as the market does appear to be improving again. If you are looking for a great bargain on one of the Gatlinburg area homes that are being offered for sale, please contact us! If you have a home or other real estate to sell, we can probably help there too but it’s still a very trying market for sellers.
Can you tell how many of these sales were foreclosures or short sales? I hope you say none!