This May Be a Great Time to Buy

By Sandra Kilgore, GRI, ABR, SFR –

As many of you may have noticed, the real estate market is beginning to cool down.

You are probably noticing more “For Sale” signs in the neighborhoods, as well as price reductions on many homes. All signs that we are transitioning to a more balanced market, or some may say a “Buyers Market.”

Many buyers have left the market after numerous disappointments of losing bids on homes to higher bidders or cash buyers. Many home buyers just could not afford the rising cost of a home. Well, I am here to inform you, this may be the best time to purchase that home.

Asheville is a highly sought after area for investors, second homes, and local buyers. Today, however, there are many factors impacting the market’s activity. I would say two of the major factors affecting home sales are economic uncertainty and interest rates. While interest rates are a concern for many buyers, they are also the reason for the market slowdown. With the increase in inventory and longer days on market, sellers are often more willing to negotiate on price and terms.

The local real estate market is shifting, and for those buyers who have been on the sidelines, this change presents an opportunity. The key is to be proactive, get informed, and work with a skilled professional who can guide you through the process.

Schedule a free home buyer’s consultation today to devise a plan to put you on the path to homeownership.

Kilgore & Associates Real Estate
Sandra Kilgore GRI, ABR, SFR
Cell: 954-540-5593, [email protected]
AshevilleKARE.com

Asheville Kare Property Management
828-333-7101, [email protected]
AshevilleKAREpm.com