While the national market continues to see a rise in their individual markets, we are still working hard to catch back up. Recent rate and lending changes have encouraged buyers to take another look at a primary or secondary home in the mountains. Again, we are seeing high numbers of homes Under Contract; and this is giving us great reason to believe our market in 2015 will mimic similar transactions as 2014. After speaking with several other local experts, we expect to see a reduction in the average sales price again in 2015. We also anticipate the number of foreclosures to reduce again in 2015 (which means a reduction in the average sales price has very little to do with low-end housing).
*For a copy of the most recent Market Update (NC High Country Market Update 2015-02-16), please don't hesitate to call or email me at any time.
Regards,
Marc White, President – High Country Division
The White Group - “Serving the Carolinas for Two Generations"
Realtor of the Year & Best of the Best 2013
High Country – Boone, Blowing Rock, Banner Elk │ 828.355.4614
Marc@WhiteGroupCarolinas.com
Keller Williams 2014 TOP SELLING Office in the High Country by over 14%
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