Highlands NC Real Estate, Learn About Local Market
It is important to learn about the local market when buying and selling Highlands NC real estate. The news is filled with facts as well as fiction and it is important to get the truth about the area and the state of local real estate. There is so much being tossed around in the news about the possibilities of a recession, a crash to the housing market, and lack of inventory. However, it is data that will paint the real picture. A recent article “Please Don’t Let My Facts Get in the Way of Your Fiction!” from Realty Times, demonstrates that what people are reading is not necessarily what real estate markets are experiencing.
Low inventory?
While there may have been more buyers in the market for a while, equating to more competition, this does not mean that inventories are low. Many believe that inventories are “normal” and at pre-pandemic levels. The data shows that inventories are actually up, year-over-year, 2%. There are homes for sale in Highlands NC and there is also new construction occurring as you read this.
REALTOR serves as guide
An experienced Highlands NC REALTOR serves as a guide to the local market. This is true for both buyers and sellers. Asking questions and getting answers is important. Furthermore, getting up to speed on the local market will help make informed decisions and help buyers and sellers manage expectations. Get the facts, gain knowledge, and make informed decisions!
Learn more about Highlands NC real estate
Contact me, Lynn Kimball, today to learn more about buying and selling Highlands NC homes. I welcome the opportunity to update you on the market while answering all of your questions. Let my knowledge and experience serve as your guide to Highlands NC real estate.