Upward momentum continues with respect to Highlands NC real estate. Home sales have picked up speed and prices are hitching a ride right along side. As real estate news is more positive around the nation vacation homes sales are no different. As a recent article from The New York Times (Housing Market Shrugging Off Rise in Mortgage Rates) points out, rates may be inching up but pent up demand has buyers jumping into home buying.
The real estate tracking website Trulia.com shows an increase in sales volume for Highlands homes of 29.6% for the three week period of May 29th through June 19th, compared with the same three week period a year ago. At the same time the average price per square foot is up dramatically. The data suggests that a year ago distressed property sales may have artificially decreased home values. Buyers are clearly seeing opportunity in buying Highlands homes.
Contact us today for an in-depth look at current market conditions. Our experience and knowledge can work to your advantage to find a highlands property that suits your needs and your finances. We know the Highlands area inside and out and welcome the opportunity to share our knowledge with you.
Click here to read “Housing Market Shrugging Off Rise in Mortgage Rates” from The New York Times.
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