Over the course of 2008 Watauga County issued 217 permits for single family homes, a drop of nearly 40% from 2007. A total of 305 new homes were permitted in Watauga County in 2007, which was an 18% decline from 2006.
Along with the drop in permits, the average home price was down to $293,000 after years of steady growth. In 2006 prices averaged $305,000 for new homes; while estimates for previous years were: $233,000 in 2005, $191,000 in 2004, and $186,000 in 2003. All the way back to 1991, the average home in Watauga County cost only $70,000.
Thank you,
Marc White
Marc@CedarFallsRealty.com
Cedar Falls Realty, Boone, NC
An indepth look at the Boone real estate, Blowing Rock real estate, and Banner Elk
real estate markets. From local schools,ski trips, weekend vacations, traveling
the Blue Ridge Parkway; its all on the High Country Real Estate Blog.
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Pam@WhiteGroupCarolinas.com
Saturday, January 17, 2009
Sunday, January 11, 2009
Blowing Rock Resort SOLD
One of the areas largest developments, Laurelmor, at over 6,000 has recently been sold.
All existing property owners will not be affected by the transition. Laurelmor has sold 200 lots since sales commenced in November 2006. It has been suggested that opening day was the largest single day sales record in the state of
Thank you,
Marc White
Cedar Falls Realty, Boone, NC
Friday, January 9, 2009
Where do we go from Here?
Sitting in NYC, listening to the leading web designers and internet marketers around the world, I have come to realize the actual difference between what Brokers think work and what clients in our market desire to use. Armed with this technology, I am revamping my approach to clients in our market. The truth is, many real estate agents, pretend to 'know' real estate. They approach everyday as just another day. They wake up and think, man is this just another day. As they head to work, the are frustrated. When they finally make it into the office, they are stuck make sure their clients are happy; the ad is in the newspaper, the magazine, etc.
They don't know and don't understand that their job is to help their clients buy and sell property. I work everyday to find new, relevant marketing tools for my clients. Why? Because if you think your house is going to sell by placing an ad in the newspaper (or placing an entire insert into the newspaper) then you have not taken the time to look at the statistics. It was said in a recent article that internet buyers (in 2008) represented 99% of the market. Ninety-nine percent!
Our market is not changing, it has already changed! AND it will continue to change, thus it will be in perpetually 'change' for years to come. The finanical market, the government, and everyone else who has designed a plan to 'fix' our economy will continue to change our market.
Thank you,
Marc White
Marc@CedarFallsRealty.com
Cedar Falls Realty, Boone, NC
They don't know and don't understand that their job is to help their clients buy and sell property. I work everyday to find new, relevant marketing tools for my clients. Why? Because if you think your house is going to sell by placing an ad in the newspaper (or placing an entire insert into the newspaper) then you have not taken the time to look at the statistics. It was said in a recent article that internet buyers (in 2008) represented 99% of the market. Ninety-nine percent!
Our market is not changing, it has already changed! AND it will continue to change, thus it will be in perpetually 'change' for years to come. The finanical market, the government, and everyone else who has designed a plan to 'fix' our economy will continue to change our market.
Thank you,
Marc White
Marc@CedarFallsRealty.com
Cedar Falls Realty, Boone, NC