Asheville vacation rentals are now a powerful and growing force in the Asheville, NC real estate market. Why is this? The answer seems fairly simple and yet is made up of a few different factors.
For one thing the tourism and vacation industry has been growing by leaps and bounds over the last several years. People now come to Asheville to vacation from all over the world. They call the city and its surrounding mountains, shangri-la, the Paris of the South, and the happiest city in the nation. Naturally the Asheville vacation rental business is doing just fine amidst such heavy praise. The appeal is also multi-faceted. Some people come for the culture and the history filling their vacation itinerary with tours of the Biltmore house, the Grove Park Inn, and the countless summer festivals. Some others come to Asheville for the outdoor recreation. After all, even if Asheville is only recently becoming common knowledge it has long since been legendary among the river kayakers, mountain bikers, rock climbers, whitewater rafters, backpackers, and fly fishers. It just makes sense that Asheville vacation rentals are in demand.
The other big factor, as far as I can see, is the national market being in something of a "slump" at the moment. In the last five years or so Asheville has been experiencing an enormous influx of new residents. Every income bracket was practically forming a wagon train and setting there sights on the blue ridge mountains around Asheville. The current market however has made it difficult for some potential immigrants to sell property other places. This has not made them forget there goals by any length. Every day I talk to several people who are just waiting for the market to turn so they can move to Asheville. Obviously this has not effected everyone in the same way. The demographic with free capital is taking full advantage of the best buyers market in years by investing in areas like Asheville, NC, Breckenridge CO, or other desirable parts of the nation. But for all the rest of us who need to wait before we can buy this is no time to remain idle. Now is the time to visit and get a feel for the Asheville area, to build relationships, and get an eye for what you really want from such a diverse area. And once again, the Asheville vacation home owner benefits.
So, it seems that amidst a constantly shifting economy the Asheville vacation rental is a flexible and thriving investment. And I look forward to meeting you when you get here.