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Real Estate Market Update for Asheville Region Aug 2021

There have been numerous articles the month of Sept. with predictions that the real estate marketing will take a major slow down by mid next year. Almost all of them base this on two things:  continual housing supply shortage and continual increase of house prices. Fannie Mae states these factors will eventually cause buyers to stop trying to find homes.  With this in mind I wanted to see if our local trends were following the national stats.  At times our area has done better than the national realm because we are smaller and don't have track homes with similar styles and allowing easy price swings.  The current buyer trends is different for us because so many people are moving here at such a fast pace that it is a challenge for appraisers to keep up with market value.

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For a complete overview of the Greater Asheville Region check out this PDF

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