As possibly the world’s worst blogger, I just noticed that I had failed to give an update for June’s Tennessee Smoky Mountain residential real estate sales. Seeing as today is August 1st, it is high time for a market update!! While June’s market performance by the members of the Great Smoky Mountain Association of Realtors was very strong, July was a very tough comparison. In fact, July 2014 was the single best month going all the way back to the go-go days of 2007. Although the final number for July 2015’s home sales will most certainly be upwardly revised, there’s simply no way we can scale that mountain:
On a more positive note however, local title company employees have told me that they are unbelievably busy, which means that August & September’s reports should provide better comparisons to the corresponding months in the very robust year of 2014. Here’s to better!!!