It seems that November will turn out to be a good month for Real Estate in Asheville. Buyers are trying to get under contract so they can close by the end of the year. Many are realizing that bargains are to be had now. Waiting for winter might not be the best tactic. Chances are many sellers will remove their listings until spring. That is if they can afford to.
Asheville was not hit with the high forclosers that other cities have seen. Most of the purchases over the last 2 years were not subprime mortgages. While there are still some properties going into forcloser the rate is about the same as last year.
Hope everyone had a good Thanksgiving. Now onto the Christmas Holidays. We will give you a report as to the end of the month numbers at the end of the week.
http://www.kellerwilliamsasheville.com
Michael
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