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Great Smoky Mountains Real Estate Blog

by Rick & Rick Strohm www.RickStrohm.com Prudential Great Smokys Realty Bryson City & Sylva, North Carolina
Lot / Land For Sale in Garnet Ridge Preserve

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Fantastic Gated Community!

•  lot / land - MLS® $92,000 - PRICE REDUCED!

 -  REMARKS: Gated community between Sylva and Franklin...well planned and very attractive...paved roads...large building lot @ 3380ft elevation.....End of road Privacy...easily accessible year round with a great 'Southern Exposure View'...convenient to club house, pool and tennis courts...and a great buy ! Bring me an offer ! (Check w/ Broker about gate code)

DIRECTIONS: 441 south from Sylva to Pumpkintown Road. Go 2.5 miles. Left on Garnet Road. Go 1/2 mile on gravel(pave soon)to paved,past waterfall,thru gate past club house to 3rd left on Logan Berry to end of road

Property information

Single Story For Sale in Garnet Ridge Preserve

• 1,764 sq. ft., 2 bath, 2 bdrm single story - MLS® $400,000 - Fantastic Mountain Views!

Property information

 -  REMARKS: A beautiful masonry/log sided home in Garnet Ridge Preserve, a gated community - with clubhouse, swimming pool & tennis courts - sitting on 1.12 acres & just minutes from Franklin, Dillsboro, Sylva & Cherokee, NC. The home has fantastic views of the Smoky Mountains from its covered back deck with surround sound speakers & is located near the beginning of the development. The 3rd bedroom has been converted to an office, easy to change back to bedroom. There is an attached 2 car garage & equipped with plenty of storage room. Easy year-round assessable roads for full-time home or for vacation rental. Select furnishings are available & owner financing to qualified buyer. This is a must see!


DIRECTIONS: 441 south from Sylva to Pumpkintown Road. Go 2.5 miles. Left on Garnet Road. Go 1/2 mile on gravel(paved soon, the road turns to pavement, pass waterfall & entrance to Garnet Ridge Preserve, go through gate past club house to 4th road on left - turn left on Shagbark Drive & follow to end. Follow signs to home.

ADDITIONAL REMARKS: Fantastic newly built home with a great lot & views of the Great Smoky Mountains - only minutes from Franklin/Dillsboro/Sylva. Owner financing is available for qualified buyer - please call Rick & Rick for more details & showing instructions.

SDC14002
Located in Gated Community!

Lot / Land For Sale in Carolina Vista

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•  lot / land - MLS® $59,000 - Fantastic Buildable Lot!

 -  REMARKS: Fantastic private lot w/ great view! A beautiful 2.628 acre tract of land located in the Stecoah Township, gravel drive & house pad are already IN! Wooded with view that can be cleared...Must See! Call Rick & Rick for more information...

DIRECTIONS: From Bryson City take HWY 19/74W to right on HWY 28N, continue on HWY 28 to right on Pink Sawyer Road, right on Lower Tuckeegee Road to right on Carolina Vista subdivision. Follow Prudential signs. Call Rick & Rick for detailed directions.

Property information

United States Economy - Growing!

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Rick & Rick Strohm, Jr.

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The United States economy grew at its fastest pace in more than six years at the end of 2009, even as businesses resisted hiring and continued to do more with less. In addition, the growth rate was the fastest since the third quarter of 2003, when the economy grew at a rate of 6.9 percent.

 

This is great news!  So tired of hearing all the negative news - so we finally had something "good" to share.  Although the housing market for December 2009 was down 7.6% over last year.  I feel this is due to the "extension" for the 1st time homebuyers $8,000 credit being extended through the Spring of 2010.  If Washington is smart (keep your opinions to yourself ha!) they will fix the housing market before anything else - this is what they should have been doing for the past several years.

 

Still a great time to purchase a home or land here in the Great Smoky Mountains - contact us today to find our more about our real estate market.

 

Jr.

Snowy Weekend!

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Rick & Rick Strohm, Jr.

Well we've officially had a snowy winter here in the mountains!  In fact, I haven't seen this much snow since I was a kid back in the late 80s/early 90s.  The good thing about living here in the Great Smoky Mountains...when it snows, it doesn't stay on the ground for weeks.  Looks like it is going to be a great weekend to throw a few logs on the fire, kick back in the recliner and pop in a DVD - ahhh, gotta love stress-free mountain living!

 Jr.

Buyer's Market - Benefits!

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Rick & Rick Strohm, Jr.

Now is the time to buy - ok, ok I know what you're thinking..."Rick I've heard this all before".  Well take the time to listen again, like this excerpt:

2010 will continue to be an optimum buyer's market, where those in a position to purchase will continue to receive and negotiate optimum deals. A sharp turnaround from the seller's market environment of the recent past, equity enabled investors are facing the ideal market conditions to access the best deals expected to be available for many years. If investing for long term benefits, these buyers may also be in positions to once again benefit from a future turnaround into 'seller's market' conditions.

It just makes sense, so if you're in the market to buy property in the Great Smoky Mountains of Western North Carolina...then contact us today!

Jr.

Looking to be a GREAT year!

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Rick & Rick Strohm, Jr.

Well it is already shaping up to be a fantastic year for our company - and like I've been saying for months now (possibly even years) - NOW is the perfect time to buy a home/land here in the Great Smoky Mountains of Western North Carolina!

My father/partner & I are primarily "buyers agents" - and we specialize in negotiating hard for our clients (let's just say we never pay 'stick price' for any property). 

If you've thought about owning property here in the mountains...now is the time.  Contact us today and let us start working for you.  We stay booked...so the sooner you contact us, the better!

Jr.

2 Story For Sale in Robbinsville

SDC12827
Secluded & Quiet!

 

www.RickStrohm.com

• 2,048 sq. ft., 2 bath, 2 bdrm 2 story - MLS® $398,000 - Fantastic Mountain Views!

 -  REMARKS: Beautiful custom Cape style modular home with 2x6 exterior walls sitting on 9.808 acres in the Stecoah Township/Valley. The land has fantastic meadows & pastures with a branch. One side of the property abuts Nantahala National Forest. Gorgeous long range southeastern views to the Cheoahs & winter view east to the high peaks of the Smokys. Very secluded. There is parking for RV with large deck alongside, a 10x12 shed, double pane windows, fully insulated with R19 & R25 insulation, spring water, central heat & air, covered front porch (8x25), back deck (6x12), formal dining room, gas log fireplace, screened breezeway (12x14) carpeted & two car attached garage (20x22) with work area.

ADDITIONAL REMARKS: This is a great secluded property, quiet with great long-range views of the Smoky Mountains. There are several meadows & pastures which would be great for horses. There is also a branch/creek on the property. The 2nd floor is unfinished & could have additional 2 more bedrooms & is plumbed for one more bath. An additional 3.75 acres are available!

Property information

Home Inventories Continue to Shrink

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Rick & Rick Strohm, Jr.

Driven by the first-time buyer tax credit, existing-home sales showed another big gain in October with a strong uptrend established over the past seven months, while inventories continue to decline, according to the National Association of Realtors®.

Existing-home sales – including single-family, townhomes, condominiums and co-ops – surged 10.1 percent to a seasonally adjusted annual rate1 of 6.10 million units in October from a downwardly revised pace of 5.54 million in September, and are 23.5 percent above the 4.94 million-unit level in October 2008. Sales activity is at the highest pace since February 2007 when it hit 6.55 million.

Lawrence Yun, NAR chief economist, was surprised at the size of the gain. “Many buyers have been rushing to beat the deadline for the first-time buyer tax credit that was scheduled to expire at the end of this month, and similarly robust sales may be occurring in November,” he said. “With such a sale spike, a measurable decline should be anticipated in December and early next year before another surge in spring and early summer.”

In the South, existing-home sales rose 12.7 percent to an annual level of 2.30 million in October and are 25.7 percent higher than October 2008. The median price in the South was $151,100, down 6.3 percent from a year ago.

Information about NAR is available at www.realtor.org. This and other news releases are posted in the News Media section. Statistical data in this release, other tables and surveys also may be found by clicking on Research.

News: 2010 Sales to Rise 15 Percent

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Rick & Rick Strohm, Jr.

We all know there are cycles in real estate - natural trends of ups & downs. Most of us, hopefully all of us, have known that we have been in a "down trend" for quite some time.  My father/partner, Rick, and I have been educating our clients by letting them know that the 'down trend' won't last forever - it's a buyers market at the moment - but that won't last forever.  There are many potential buyers that are sitting on the fence, waiting to see what the market will do - unfortunately, many of those people will miss the "buy" they were looking for...as the market will pass them buy.  The following excerpts were taken from a November 2009 in REALTOR© Magazine:

Home sales will increase 15 percent to about 5.7 million units and REALTOR® income will be up 20 percent in 2010, NAR Chief Economist Lawrence Yun told a packed room of REALTORS® today in a residential economic update at the 2009 NAR Conference & Expo.
Yun credited the home buyer tax credit with unleashing sales on the lower-end of the housing market this year, bringing up to 400,000 first-time buyers into the market who wouldn't have bought otherwise. That influx tightened inventories of starter homes, shored up prices, and helped reduce households' fear over continuing price drops.

This virtuous cycle will continue now that the federal government has extended the credit to mid-2010 and expanded it to make a smaller credit available to repeat buyers and to households with higher incomes. “The key is stabilizing prices and preserving household wealth,” he says.
Yun predicts the supply of homes to stabilize at the historic norm of six to seven months. Homes above $500,000 will remain elevated in the near-term, but that weakness will be offset by a hefty drop in starter-home inventories, which are running at about a five months supply.
New-home sales, which comprise about 10 percent of the market, will continue at suppressed levels--about 550,000 units, down from more than a million during the boom--mainly because builders have scaled projects way back, in part because financing isn't available.
For the longer term, the huge deficit run up by the federal government to shore up the economy remains the big question mark. Although the deficit is expected to improve each of the next three years, it will remain at historic highs. Unless the federal government releases a credible plan for shrinking it, investors will start to balk and interest rates will need to rise to bring them back. Should inflation be the result, the housing recovery will be set back.

The time to buy is now - before the market picks up.  If you're interested in Western North Carolina/Great Smoky Mountain real estate contact us today and let us find your dream property!

Rick, Jr.

Source: Robert Freedman, REALTOR® magazine

Moving from recession to recovery: What can we really expect?

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Rick & Rick Strohm, Jr.

Here are the facts:

  --  NABE 2010 Consensus. Over 80% of NABE's forecast panel believes that
      the "Great Recession" has ended and that the economy is now in the
      early stages of a recovery. Growth is forecast to increase at an
      average rate of 3% in 2010.
  --  Employment is not expected to exceed previous highs until 2012 or
      later.
  --  Inflation is expected to remain tame through the end of 2010,
      inhibited by excessively high unemployment and a large amount of
      slack.
  --  The dollar is expected to further soften, but not lose its status as a
      reserve currency.
  --  Corporate profits are expected to bounce back and the NABE group is
      uniformly optimistic that the broader stock indices will continue to
      rally.
  --  The availability of credit (or lack thereof) remains the primary risk
      to the outlook in the near-term.
  --  Concerns span the spectrum from a secondary round of credit tightening
      associated with the sharp rise in unemployment and accompanying
      defaults, to the losses that banks will have to absorb as commercial
      construction crashes.

We have come a long way from where we were a year ago...and we still have more to go, but the time to "buy" is now.  If you have more questions just email me.

Rick, Jr.

Sequoyah National - Trent Jones Golf Course - Cherokee, NC

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Rick & Rick Strohm, Jr.

Well the Eastern Band of Cherokee Indians added another great addition to our local "area attractions" by opening a brand new Trent Jones II golf course - Sequoyah National - in the heart of the Great Smoky Mountains.  The course is located off the main Cherokee/HWY 441 exit - just minutes from Cherokee & Harrah's Cherokee Casino.  If you haven't visited the course yet, take the time it's beautiful!  Here is some additional information:

Located 45 minutes west of Asheville, North Carolina and nestled among the oak, fir and flowered valleys in the heart of the Great Smoky Mountains resides Sequoyah National Golf Club.  Owned by the Eastern Band of the Cherokee, this Robert Trent Jones II design offers golfers an idyllic 18 hole journey, filled with scenic vistas, beautiful landscapes and challenging golf.

This par 72 championship course, measuring 6,600 yards features immaculately groomed bent grass greens with bluegrass fairways, offering spectacular views of the Great Smoky Mountains National Park, while providing ultimate playing conditions year round including an expansive practice area including a driving range, putting greens, chipping area and Callaway Golf Club fitting by certified PGA Golf Professionals. The golf shop offers a full range of men’s and women’s golf apparel.

Enjoy a relaxed lunch or afternoon beverage on the outdoor deck with 180 degree views of the Great Smoky Mountains. The surrounding community also provides golfers a welcoming environment that is rich with Native American culture, and exciting year round attractions.

 And some pictures that I took just a few days ago - if you'd like more information on tee times/fees just ask me:

 

Happy Labor Day!

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Rick & Rick Strohm, Jr.

Just wanted to wish everyone a safe and fantastic Labor Day Weekend!  Please keep in your thoughts and prayers the men & women in our Armed Forces - take care and God Bless!

Rick, Jr.

YouTube - Rick & Rick Strohm, Jr.

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www.thesmokymtnproperties.com

Rick & Rick Strohm, Jr.

Ever wanted to know more about us?  Well check out the YouTube link below - just click on the logo!

YouTube Video

Exploring Western North Carolina - Franklin, NC

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Rick & Rick Strohm, Jr.

In the following blog posts I am going to "explore" the various town/cities in the Western North Carolina area. We always have clients/friends ask us "what towns are around you" - so I am going to start with Franklin, North Carolina.

Franklin, NC

http://jcbargerphotos.googlepages.com/FranklinOverlookSunrise1NC.jpg/FranklinOverlookSunrise1NC-full.jpg http://1.bp.blogspot.com/_xNTYNKgcgnk/Rwy12umAbLI/AAAAAAAAAKE/OnjFF2WBM0Y/s320/FROG.+DSCN2385.JPG http://www.emapstore.com/sc_blue_ridge_mountains/Hike/pickensnoseview2.jpg http://media-cdn.tripadvisor.com/media/photo-s/00/11/6a/d2/view-from-our-room-overlooking.jpg

With the possible exception of the Blue Ridge Parkway, Highway 64 near Franklin could be the most scenic route in the South. Once in Franklin, you will enjoy the museums, the kids will enjoy the Fun Factory, and everyone will love prospecting for precious rubies and sapphires. Wear work clothes - rock hounding can be a dirty, but rewarding adventure. While you are in the area, be sure to visit the Smoky Mountain Host Visitor's Center on Highway 441 South. The center has books, maps, gifts and other items to make your Smoky Mountain vacation as relaxing or exciting as you wish.

If you would like to know more information about Franklin, NC - just contact me.

Rick, Jr.

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