As many of you all know, it is still a buyer’s market in Asheville, NC. Subtext: An ideal market for real estate investors and second home buyers. There is no better time than now when the mortgage rates are low and Asheville, North Carolina has some amazingly great deals and an huge inventory on vacation rental homes. As in other towns, here in Asheville, we have been seen a decline in the average price/sq. foot and longer days on the market (DOM). The average price of a home is between $200,000 and $300,000, the sweet target for a second home investment!
So if you have money to invest and ready to make the leap into becoming a second homeowner/real estate investor, this is the time to take a walk on the wild side!