I get asked that question almost every day. The answer is pretty simple. For buyers…it is probably the best opportunity to buy Boone NC Real Estate and Blowing Rock NC Real Estate in many years. For sellers…it can be a frustrating time.
I sent a front-page article from the “Charlotte Observer” to all of my seller clients a couple of weeks ago. The headline read: “Bargains Selling, Everything Else–Sitting.” It went on to say that the median home price of “recently solds” for 2009 was significantly lower than 2008.
I told my seller clients–it could have been written about the Boone and Blowing Rock Real Estate markets. With an increased number of foreclosures and short-sales available, there are some bargains available that we typically do not see in our market. There are also some obvious need-to-sell situations where sellers have slashed asking prices to attract an offer.
I just compared year-to-date 2009 sold numbers to the same period of 2008. While the total number of housing units sold is only down 5%, the total selling price is down over 26%.
What kind of Blowing Rock Real Estate or Boone Real Estate are you looking for? Second home? Cabin? Looking to relocate? I LOVE helping buyers find that just-right get-a-way, or the home of their dreams!
My passion is my Boone NC Real Estate business, and I’m “committed to excellent client care.”
Let me know how I can help…and we’ll talk again,
Lisa
I love a busy summer in Real Estate in the High Country! After returning from vacation the end of May, I’ve sold 3 houses, in what had been the slowest market we’d seen in many years in the High Country of North Carolina! (That’s why there have been no recent posts here…I’ve been busy!)