Musings from the Mountains

First, I will try to summarize the real estate market in our area.  The market continues to be strong sales wise, and pricewise.   We are still dealing with a shortage of homes on the market.  This shortage has kept home prices stable, with many homes selling for the listed price, with few discounts.  (This is especially true for log cabins and any home in great shape.)

The weather here was cool over the Memorial Day weekend.   Sunday the temperature at my house stayed in the 50’s all day.  However, temps have risen into the 70’s the last couple of days.  Just a few weeks ago the trees were budding, and green leaves were marching from the valleys to the mountain tops.  Now the leaves are all mature, and the mountains are a lush green again.  Time flies!

There is a lot going on with new building in the Waynesville area.  A new housing development is beginning off Jonathan Creek Road, just a short distance past the Jonathan Valley School.   Another development is taking shape just off Ratcliff Cove Road, not far from Asheville Road.  A new apartment complex is taking shape off Russ Avenue, by Richland Creek.  This is a large complex with several multi-story buildings.  I would think these apartments may be leasing by mid to late summer.   Also, some new homes are being built by the Waynesville Inn and Golf Club.  The Inn and golf club are under new ownership.  The new owners have been working on revamping the golf course for the past year.  The first 9 holes should open soon.  This is a much-anticipated revamp of the Donald Ross course originally opened in 1926.

One more item.  Last month I mentioned the new location of BearWaters Brewing on South Main Street in Waynesville, which is now open.  This location joins their other locations in Canton and Maggie Valley.

Just trying to bring you up to speed on the happenings in the area.  Please let us know if you have any questions about real estate.  We are here to help.