As the New Year begins, you may be thinking about buying or selling property here in the High Country. You also might be a little concerned with some of the “negative spin” in the real estate market. It is not as bad as you might think.
Local trends don’t always match national trends. A recent article from the Watauga Democrat features Carol Sommer-Isquith, Broker Associate with Advanced Realty. She points out the past and present market activity and her optimistic outlook for the local real estate market.
Some of Carol’s points include:
· A comparison of units sold in 2009 and 2010;
· The effects of increasing bank loan regulations;
· Foreclosures and what they mean for buyers, sellers, banks and appraisers;
· A comparison of cash and conventional loan transactions in 2010;
· How real estate is still a good investment.
We welcome you to view the complete article at:
We also welcome you to visit our website: www.AdvancedRealtyBoone.com
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