Skip to content
Short-Term & Vacation Rental Discussions

User Stats

1,735
Posts
2,432
Votes
Collin H.
Pro Member
#3 Short-Term & Vacation Rental Discussions Contributor
  • Property Manager
  • Gatlinburg, TN
2,432
Votes |
1,735
Posts

Smokies "hiney showing" thread

Collin H.
Pro Member
#3 Short-Term & Vacation Rental Discussions Contributor
  • Property Manager
  • Gatlinburg, TN
Posted Apr 19 2024, 20:17

 We have officially entered the "Hiney Showing" phase in the Smokies.  That is, homes being offered for less than what was paid for them very recently.  It's all a part of the boom/bust real estate cycle in resort areas.  The inevitable end to "But this time it's different" chants. 

I'll be posting these as I see them.  

Here's the first. No further bookings in April or May. It was purchased for $2.4 million in 2022.  Asking $2.25 million today, and offering $20K in "buyer credits".


3385 Birds Creek Rd, Sevierville, TN 37876 | MLS #1256702 | Zillow

Loading replies...