The market remains sluggish, but does show some signs of life. Asheville is alive with activity but just not real estate. Spring has begun and houses will start to look more appealing. This will help with first time home buyers. The upper end of the market is still pretty good. The worst part of the market is the middle as homes in the $200-300,000 range as the number of homes coming on the market continue to outnumber the ones sold. Until the supply starts equaling the demand we will continue to see a downward pressure on home prices.
We will report on March numbers in early April.
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