Monday, December 3, 2007

Asheville makes the top ten!

We are on so many top ten lists, but this one is very interesting. While the price of homes went up double digits in many other parts of the country, Asheville moved just a little ahead each year. Now while the big boys are in steep declines, Asheville's real estate moves into the top ten of communities with an increase in appreciation. In fact, the value of single family homes went up 9% over last year. Now the fact is that the market is down in total volume about 10% in Asheville Board of Realtors' territory, but what they are buying is up in price. Isn't that interesting. What does that really say. Well, for one thing, it says that maybe there are fewer cheap houses available, period (which I think is the case).

If you are a serious buyer or investor, make December your month to look for property. There never is a better time to buy than December. And sellers, only real buyers come to look now. Don't wait until next year to list your home. Otherwise you will be in with 100's (maybe thousands) of others.

More next week!

Michael

www.kellerwilliamsasheville.com

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