Gatlinburg Price Drops?

[Erik Applegate]

Hey folks, 

Gut checking myself a bit here. I’m looking for a cabin up to $650k around Gatlinburg (have an offer out on one) and am watching others drop 25-50k or appear to sell for 25-50k less than listing. Anyone else noticing this, or am I just incorrectly looking at 1-2 big drops and making a larger assumption here? 

[John Underwood]

I have noticed more and more price reductions all over the place. 

I think some of it is because people were shooting for the moon expecting to get it and they were wrong.

Also school is starting back so some people have other priorities right now.