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Updated 5 months ago, 06/22/2024

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Collin Hays
Property Manager
Pro Member
#5 Short-Term & Vacation Rental Discussions Contributor
  • Property Manager
  • Gatlinburg, TN
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Smokies "hiney showing" thread

Collin Hays
Property Manager
Pro Member
#5 Short-Term & Vacation Rental Discussions Contributor
  • Property Manager
  • Gatlinburg, TN
Posted

 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

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SMOKY MOUNTAIN FALLS INC.
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