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NAR Report is in for the High Country

Posted by ajf on August 10th, 2008

Just hot off the press is a report from NAR (National Association of Realtors)Blowing Rock has continued to see sales in their area while Beech Mountain, Banner Elk and Sugar Mountain have seen a slowdown. Right now there are more homes for sale on Beech Mountain than ever before. With new townhome and /villas being built and some already completed ,we now have a flood of offereings for buyers. Unfortunately the prices are still not attractive enough to get them to contract.

We are seeing many developers pulling out or holding off on their projects until the market rebounds. For the buyers willing to get in the amrket there are some very good buys.

Bear Run in Banner Elk, is one of those developments that can offer a buyer a lot for their money. Visit www.homesinthehighcountry.com to see virtual tour.

The Cottages in downtown Banner ELk has one townhome #22, that is listed at $289,900 less than the buyer paid. Has always had good rental hisitory and its location is perfect for the buyer who wants to be close to town.

Call AJ Fischer for more information on how you can find a home in todays market. 828-898-1999.

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