NAR Report is in for the High Country

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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Blog Probes Real Estate Models

www.REALonomics.net is a blog that is asking serious questions about where the real estate industry is going. More specifically, REALonomics poses challenges to the broker/owners to adopt models that will allow their organizations to become more transparent.

REALonomics.net advocates that the industry open up the property information portals to consumers and upgrade its approach to how it is interacting with the consumer by implementing more social networking such as www.CityBlogUSA.com, a community blogging network for every city in the USA.

Visit www.REALonomics.net.

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Condos in Town?

Are there any condo projects in Banner Elk, North Carolina and are there any that are on golf courses? What is the condo price range? Are there any age restricted condo communities?

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Real Estate Companies

Banner Elk has a lot of real estate companies. Which one is considered the best company according the Banner Elk, North Carolina residents? Who are the best real estate agents in Banner Elk, North Carolina? Historically, which company has been there the longest? Do any of the real estate companies also have title and mortgage companies?

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Foreclosures in Town?

Can anyone speak to the issue of foreclosures in Banner Elk, North Carolina? Foreclosures are up around the country due to the sub-prime lending practices. Is there any foreclosure impact on real estate in Banner Elk?

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