2020 ERA Annual Conference. L to R: Eb Moore, Sherry Chris, Tania Moore, TIm Jones
Dear Friends, Clients, Colleagues, Welcome to our 2022 Annual Market Report prepared for Carolina Mountain Sales and our mountain market areas of Asheville, Henderson County, and Asheville's Buncombe County. We continue to be grateful to have the privilege of working with you! As we begin 2022, we provide an in-depth look at the most recent quarter of activity, Q4, 2021. It has been another year of extremes throughout our major markets in North Carolina–the ongoing COVID-19 pandemic and rising unemployment rate have inhibited a stronger economic recovery, while real estate continues its record growth. In many respects, our markets mirror the low inventory and rising prices of 2020 with the early signs of a slight cooling, as evidenced by a reduction in Closed Sales, and the continued dominance of a strong seller's market. The biggest impact we predict for 2022? First-time homebuyers will feel the biggest pinch, placing desirable metro NC markets out of reach for many. Rising mortgage rates predicted this year by The Fed, may place added pressure on homebuyers who remain "on the fence" about buying this year. Throughout our markets in 2021, we reinstilled our commitment to the community and have had the privilege of working with some wonderful nonprofits in Asheville. Our gallery at the back of this market report shares a selection of these rewarding experiences.
When considering your real estate needs in 2022, you may have questions about making a move, what your home might be worth, or what is involved in putting a home up for sale. Let our award-winning REALTORS® here at Carolina Mountain Sales guide you through the entire process–we are always available to answer any questions you may have! We wish you and yours good health and prosperity for this year and the years ahead. Amanda Holland, Broker-in-Charge | REALTOR® Carolina Mountain Sales
"Asheville and our mountain market area continue to demonstrate longterm strength and resilience, despite inventory constraints." -Amanda Holland, Carolina Mountain Sales
Carolina Mountain Sales Real Estate Annual Report | 2022
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