Western North Carolina Real Estate - Current Market Conditions
Rick Strohm, Jr.
www.RickStrohm.com
Well as promised...I'm back! This time with some very exciting news (well it is exciting for me because of the real estate market that I'm in) about the real estate market here in Western North Carolina.
First, let me state that everyone should stop being scared by the National News organizations - not every real estate market is in a "crisis". The Western North Carolina real estate market is still alive and thriving. We have not seen a "crisis" nor have we gotten mixed up in the foreclosure mess that has taken place in other areas of the country. There are numerous investment opportunities available - as far as rental properties, in fact our rental incomes have increased 175% over the last 4-5 years (these are proven statistics that have been given to us by Swain County). If this doesn't perk your interest in our real estate market, let me go even further. The best surveyors, excavators and contractors/builders are sitting on their hands - waiting for people to notice that our Western NC real estate market is highly stable - and the time to build is now!
Next, the facts are this...would you rather park your money/investments in the stock market - or - in real estate (an appreciating asset)? 95% of all of our buyers/clients are from out-of-state. We work in a vacation/2nd home market in one of the most beautiful areas of the country. Think of "mountain property" kind of like "beach property" - lets face it - they just don't make anymore of it!
My father (and partner), Rick, and I would love to discuss this further with you - or - visit our personal real estate website, where you can do the research for yourself!