Gatlinburg Real Estate Updates & Community News » condo gatlinburg http://blog.gatlinburgexperts.com in the Realtor-Buzz Network Wed, 26 May 2010 15:00:34 +0000 http://realty-buzz.com/?v=2.9.2 en hourly 1 Waiting For the Bottom http://blog.gatlinburgexperts.com/real-estate/waiting-for-the-bottom/ http://blog.gatlinburgexperts.com/real-estate/waiting-for-the-bottom/#comments Tue, 15 Dec 2009 16:59:24 +0000 lheraty http://content.kineticblogsites.com/?p=808 Waiting for the bottom in real estate is similar to grabbing a Yo-Yo at the bottom, you are usually a little early or a little late

Waiting for the bottom in real estate is similar to grabbing a yo-yo at the bottom, you are usually a little early or a little late

There are many people out there waiting for the bottom to hit in many facets of the economy, including real estate.  Perhaps there will be a big announcement one morning across newspaper headlines and across the internet “THE BOTTOM IS HERE: NOW IS THE EXACT MOMENT TO BUY”.  Of course by the time the announcement comes the bottom will have hit and the exact time to buy real estate will have come and gone. A great analogy to the bottom of the real estate market is a yo-yo.  Take a yo-yo in your hand and use it.  Can a person grab the yo-yo at the exact moment it hits bottom every time?  Chances are a person will grab it just before it hits bottom or just after, rarely at the exact bottom.   Real estate is the same game, if it is indeed a game.  If people knew, absolutely knew, the exact time to buy stocks, real estate, or any other investment then no one would ever have a financial worry. For people who believe in investing in real estate now is a great time to buy.  Interest rates won’t be low forever, real estate has either already hit the bottom, is about to, or is already on its way up, we’ll know for certain sometime in the future.  If you want to buy at the bottom, buy now or wait until it’s too late, when you can look back and say, “If only I had bought then.”]]> http://blog.gatlinburgexperts.com/real-estate/waiting-for-the-bottom/feed/ 0 Absorption Rate is Key http://blog.gatlinburgexperts.com/gatlinburg-real-estate/absorption-rate-is-key/ http://blog.gatlinburgexperts.com/gatlinburg-real-estate/absorption-rate-is-key/#comments Mon, 25 Aug 2008 23:46:52 +0000 broadway http://broadway.realty-buzz.com/?p=25
Gatlinburg Mountains

Gatlinburg Mountains

The Gatlinburg real estate market is seeing the absorption rate increasing for existing homes. In the past 4 or 5 years the building of new homes was fast and furious. Now, the building of new homes in Gatlinburg has slowed tremendousely and subsequently has allowed the existing homes for sale to be absorbed at a faster pace.

Good news for the sellers who need to move their money elsewhere or have reached the end of their depreciation schedule. Also, good news for buyers who are ready to take advantage of the market and the exceptional homes available now.

Increasing sales and decreasing inventory mean that our market is stabilizing and returning to a more normal sales environment. Not to be mistaken with the exuberant period we saw in the past few years but more like the steady appreciation from the early 90’s to the very early 2000’s. A welcome change even though we didn’t see the appreciation rates of 30 to 60 percent like some areas of the country.

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