Wednesday, December 05, 2007

As the year winds down I thought I would share some thoughts about Western North Carolina Real Estate. In particular Henderson County. The land transfer tax was soundly beaten by a 3-1 margin. The County Commissioners are placing the results at the Realtor community because there was a campaign to to have this tax voted down which was in part financed with Realtor donations among many other opponents.

The market as a whole this year is declining. Not like the national averages but it has slowed down. The last I heard was that we were down about 5% over the last year. The predictions are it is going to stay slow for another year. I tend to agree. With a large portion of our buyers coming from other areas, (most of the areas are far worse off then us), until these buyers are able to sell their homes they can't buy here. So, sellers the trick is to price your home less then what a market analysis shows. Since the market is slow you want to give yourself the best opportunity to sell.

As always feel free to use my website www.RoryMolnar.com as your local Hendersonville, Henderson County, Western North Carolina Real Estate Connection!

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