July 10, 2025 • 31 mins
Ever wonder why people really buy and sell homes? Contrary to what financial headlines suggest, it's rarely about interest rates or market conditions. It's about life happening.
When Greg George sits down with families across Western North Carolina and Upstate South Carolina, their real estate decisions always trace back to meaningful life transitions. Some situations bring joy—growing families needing more space, retirees finding their mountain dream home, or parents moving closer to grandchildren. Others involve difficult passages—inherited properties creating family tension, divorces necessitating property divisions, or health changes requiring different living arrangements.
What makes these transitions particularly challenging is that most people navigate major real estate decisions only a handful of times in their lives. The landscape constantly evolves, making yesterday's knowledge potentially outdated for today's market realities.
This episode provides a clear-eyed look at current Western North Carolina real estate conditions, showing a market that's normalizing rather than crashing. Henderson County data reveals a 14.5% increase in listings with a modest 1-2% softening in prices—a healthy correction after years of unsustainable growth. Industry experts project steady annual appreciation averaging 3.3% through 2029, defying dramatic crash predictions that make for attention-grabbing headlines.
Beyond market analysis, we explore practical solutions for common challenges facing mountain property owners. For families dealing with inherited properties, we discuss tax-efficient strategies like 1031 exchanges that can convert underperforming assets into "mailbox money" while deferring capital gains. For those facing difficult decisions about long-held family properties, we share approaches that honor emotional attachments while addressing practical realities.
Have questions about your specific property or situation? We'd love to have that conversation. After helping over 1,600 families with their real estate needs, we understand that each situation has unique emotional, financial, and practical dimensions that deserve personalized attention. Call us at 828-393-0134 to discuss your property questions with no pressure or obligation.
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Transcript
Episode Transcript
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Speaker 1 (00:00):
Hello friends, thank you so much for being here.
This is the George Real EstateGroup podcast, which is a
production of our live weeklyradio shows hosted on multiple
radio stations here inHendersonville, north Carolina.
The George Real Estate Groupserves Western North Carolina
and Upstate South Carolina andit is a privilege to share
positive news about our localreal estate market and community
(00:23):
.
Thanks so much for subscribingand, of course, if you have any
real estate questions or if wecan help you in any way, be sure
to reach out.
Visit us atgeorgerealestategroupradiocom
for more information.
Good morning and welcome to theGeorge Real Estate Group live
radio broadcast here on WHKPEvery Thursday morning, sharing
(00:45):
with you positive news aboutyour local real estate market
and community.
So much to be grateful for.
I hope.
You had a wonderful 4th of Julyweekend and it's been hot for
sure.
And then we got ourthunderstorms and our rain and
we've been so busy in a good way, I mean.
(01:06):
We're so grateful, helping allof our clients navigate through
the buying and selling processand whether it's their personal
home or their vacation home ortheir investment home, or their
commercial real estate or land,condos, townhomes, you name it,
we're helping our clientsnavigate through real estate.
Life happens, therefore, realestate happens and we'll
certainly jump into thatconversation.
(01:27):
Just so much to be thankful for.
Here we are on WHKP.
We're here every Thursday.
I've been actually doing thisradio show since 2011.
And then also do a number ofother radio shows.
We do the Hometown Hero serieshere every Friday morning as
well.
We podcast all of our radioshows and in the time I've been
doing radio shows, we've doneover 1,600 live radio shows
(01:51):
throughout the years.
Also, we've had the privilegeof helping.
More importantly, we've helpedmore than 1,500 families and
quickly approaching 1,600families with their real estate
needs.
And again, it could be anythingfrom helping buy and sell your
your personal home, helping our.
We've helped so many people.
This has been a uh.
We've helped so many peoplewith their um, you know their
(02:14):
estate properties.
You know that and that's just areality.
We've walked through people withuh, you know I mean it's just
life loss of loved ones.
I mean it could be a divorce,it could be a job loss.
I mean, like these are.
These are challengingsituations people walk through
and certainly impacted realestate's impacted by that.
And then, of course, thebeautiful, joyful situations
(02:35):
like the new family, or thegrowing family or the retiring
family, or moving closer to thegrandkids.
There's some beautiful reasons.
I mean it's very rare.
I mean it is not the interestrates or the economy or the
market that's normally drivingpeople's buying decisions,
whatever it might be.
And so the conversation is justthis week alone, we had a
(03:00):
conversation with a familythat's out of town.
They've had a family propertyhere since the 50s but the
season has ended in that andthey're making the steps to sell
the family mountain property.
I mean, that's something we'vehelped with.
We walked through with a familythat you know adult children,
(03:23):
you know, children in theirsixties that inherited property
and so we're navigating throughthrough that, uh, helping
clients sell their home, sellthat property that was inherited
.
Um, we help.
We've helped people, uhrecently that were changing
houses.
They went from they were, theywere getting a house that fit
their needs better.
It wasn't, uh, you know it wasthe current house had outgrown
(03:45):
and they needed something thatmet their needs better.
And then having conversationswith people that are selling
their land and what does thatlook like and what's the land
worth?
I mean, life happens, thereforereal estate happens, and it's a
privilege and honor to help ourclients navigate through, you
know, in regards to real estate,and so we would love to have
(04:06):
the conversation.
There's no pressure, there's nocost, there's no obligation.
Give us a call today828-393-0134, 828-393-0134.
Find us online atrealestatebygregcom.
We also podcast all of ourradio shows.
You can also follow us onsocial media Facebook and
Instagram and we'd love toconnect, we'd love to have the
(04:27):
conversation.
We're here every Thursdaymorning right after the 10
o'clock hour.
One thing that I want to give aheads up on it's this coming
weekend, on July 12th, ourfriends at Narnia Studios are
having their 29th annual Chalkit Up.
Barbara Hughes has been on ourradio program before.
(04:49):
We weren't able to coordinateit this week, but I told her I
would share about it.
Chalk it Up began with threechildren drawing in front of
their mother's store.
It's blossomed into one of themost beloved and endearing
events our town has to offer.
It's a unique way to expressbeautiful downtown
Hendersonville, north Carolina.
You know, every summer, 150artists of all ages draw for
(05:09):
prizes and fun in this greatcontest designed to promote
Hendersonville as a city with aheart for art.
And it's chalk it up.
You can look it up on theirwebsite, narnia studioscom.
It's this Saturday, july 12th,and there's certainly some.
They have rain dates.
If that happens, no dogs areallowed.
But want to encourage you tocome check out the incredible
(05:30):
artists and, if you want to planahead for next year to become,
to sign up to be one of theartists.
Again, that's one of the one ofthe many things that makes
Hendersonville unique is thedifferent events downtown, the
Apple festivals coming up.
You know we had the GardenJubilee back in May.
I mean so many peopleexperienced Hendersonville
through that.
A lot of people alsoexperienced Hendersonville in
(05:53):
regards to the summer camps andI want to also take a moment to
just express our condolences andour prayers and thoughts for
those in the Texas area and ourprayers and thoughts for those
in the Texas area that the campsand the number of just the
tragedy that was experiencedthere with the flooding and the
summer camp that was impacted mydaughter's at a girls camp
(06:15):
right now and again as a parentto hear that these things are
happening again, it certainlyputs things into perspective.
But our thoughts and prayersare with everyone in Texas that
experienced so much loss here.
But the camp industry here and Iactually years ago prior to my
real estate career this isactually my 20th year of my
(06:36):
North Carolina broker's license.
I was involved in the campingindustry, helping on the
technology side, support forsummer camps.
Camping industry helping on thetechnology side, support for
summer camps.
This is before.
This is like at the dawn ofhigh-speed internet and the dawn
of internet, the dawn ofdigital photography, we were
supporting camps with theirtechnology and this is before
Facebook.
This is again very early on inthe internet, with and where
(07:00):
summer camps.
We were providing technologyservices.
So I had actually anopportunity to go out to the
camps in Texas.
I'd been to the Curvil, I'dbeen to Camp Mystic, I'd been to
Heart of the Hills, I'd been tothose camps and this is some
you know.
25 years ago I had a chance tovisit those camps, maybe 20
years ago at this point, butagain grateful.
(07:20):
You know the camp industry makessuch a difference in kids'
lives.
You might not realize that, inaddition to the powerful impact
that it has on kids' lives, butthe economic impact and here you
know, I would say prior, youknow you got Western North
Carolina which is one of thehighest concentration of camps
in the industry and also youknow that area in Texas there
(07:45):
was another high concentrationof camps.
This is so interesting in a 18county WNC region, the wet uh,
the summer camps actuallysupported uh 853 payroll
position 18% increase, uh, inthat the job spread over 47
businesses.
Also, the economic output.
(08:10):
This is so interesting.
This is in 2010.
So I mean you know 20, excuseme, 15 years ago they did an
economic study of four countiesBuncombe County, henderson
County, transylvania County andJackson County, covering 50
camps.
And this is again 15 years ago$365 million total economic
(08:30):
impact Incredible.
You know the economic impact ofthe camps and so you have the
camp economic impact.
But the spillover, thecamp-driven spending, spillovers
into the hotels, therestaurants, the retail, the
construction, logistics, laundryservices.
(08:51):
You know, especially during thecamp drop-off and pickups, and
you know it's the.
Also, camps support landconservation values, operating
on large undeveloped properties,engaging with nearby state
parks.
But you know a lot of localbusinesses were founded by folks
who came to Western NorthCarolina through camp
experiences.
But camp has such a powerfulimpact on children and families.
(09:13):
So many people come to thisarea because they went to camp
years ago and then they comehere.
And so you know the campingindustry and then the quality of
life.
People move here for thequality of life.
Had a phone call this week withanother client that was, you
know, moving from Colorado tohere, specifically to
(09:33):
Hendersonville, and for thequality of life I mean.
So there's so manyconversations that we're having
day in and day out.
We're grateful for theopportunity to serve the
community through real estate.
Here's just a quick seven-daysnapshot in Henderson County.
Seven-day snapshot in HendersonCounty and this is for
residential single-family homes51 new listings.
(09:55):
Now this number keepsincreasing.
I'll explain why 80, 80, 8-0price decreases.
There were 45 homes that wentunder contract and then 21 homes
closed.
Now that number 21 is on thelower end because it's at the
beginning of the month.
Typically we see more homesclosing at the end of the month.
(10:15):
So what's what's happening inthe in the market?
You know, in Henderson CountyNow I'm going to include this is
through a research, you know alocal market update through the
research tool provided by CanopyRealtor Association for
Henderson County the number ofnew listings.
(10:37):
Year to date, through June thisyear, versus June last year,
there's been a 14.5% increase innew listings.
Now this is amazing.
There's been a 5% increase inpending sales and a 9% increase
in closed sales.
(10:57):
But we are seeing a softeningof prices and we're seeing days
on market are increasing ofprices and we're seeing days on
market are increasing.
So the median sales price nowthis includes condos and
townhomes and single familyhomes the median sales price is
down 2% year to date this yearversus year to date last year or
(11:19):
through the end of June themedian sales price is at 440,
500.
And then the average salesprice is at 509.
And that's actually down 1.4%.
Again when we look at year todate, through the end of June
versus year to date through theend of June this year, versus
last year.
So there's been a 2% drop inthe median sales price.
(11:42):
There's been a 1.4% drop in theaverage sales price.
Now this is interesting.
The percent of original listprice received is down about a
percent.
95.7% is now the original listprice to what it's selling for.
So previously you saw sellerswere the market is softening,
(12:07):
buyers have a little bit moreleverage.
On average it's almost wellit's over 4% compared to the
original price that prices arecoming off.
So you know, depending on thehome, you know you might have a
little bit of a wiggle roomcompared to years, previous
years where you had to come in.
Even you had to come in strongif you wanted a chance for it.
But because of the new, theincrease in listings and you
(12:32):
also see the price reductions,the market's softening but the
prices are still holdingsomewhat.
I mean they're not.
It's not like they're havingany drastic drops and it's
because of the environment.
We're in the supply and demandlist.
Close, the days it takes now is116 days.
That's actually 17% higher thistime period versus last year.
(12:54):
Another interesting thing isdays on the market until the
sale is now at 63 days.
When we say under contract isnow 63 days and then closing,
it's 116 days, and thencumulative days on the market
until the sales at 68 days.
Those are up 37, 36%.
So the market it's softening,uh, the and and so it's just
(13:19):
it's something to consider.
You know this is the questionpeople are asking themselves are
the where?
What are?
What's happening with the homeprices?
You know where are they goingup?
Are they going down?
You know, on the, on the newsand certainly the headlines TV
online, maybe you're scrollingthrough social media shouting
about a.
You know the social mediashouting about a housing crash,
(13:42):
a bubble bursting, or valuesabout the plummet overnight.
The attention grabbing, grabbingheadlines can really play on
your fears, especially if you'rethinking about buying or
selling.
But the thing is, the headlinesrarely tell the full story.
So in this is this is let'stake a look at it.
You know, as a buyer, shouldyou wait for prices to drop?
(14:05):
You know.
So if your buyer sitting on thesidelines hoping for a massive
drop in prices so you can swoopin and get a steal, you might be
waiting longer than you think.
And in our market you knowthey're.
They're, like I said, a slightcooling off.
Uh, the 1%, 2% flattening.
We are seeing some localmarkets like ours, flattening
(14:28):
out or dropping slightly becausethere's there's a small
increase of inventory hittingthe market and, by the way,
that's normal.
When more homes are available,buyers have more choices, so the
prices can level out.
But looking at the big picture,over 100 leading housing experts
, economists, real estateanalysts and market researchers
(14:49):
were surveyed by Fannie Mae intheir latest home price
expectation survey.
They didn't predict a crash.
Instead, they actually expect asteady, moderate growth for the
next five years and again,that's supply and demand.
The average about a 3.3% pricegrowth per year through 2029.
(15:10):
And the optimists actuallythink we'll see closer to 5%
annual growth.
Even the pessimists, the mostconservative experts, still say
we're likely to see a 1% to 2%growth per year.
Not a drop, and so no dramatictumble, just a healthy,
sustainable pace.
That's more normal than thewild double digit surges we saw
(15:31):
during the pandemic boon.
Now for sellers, should you rushto list on?
You know, on the flip side, ifyour homeowner wondering if you
missed the peak, here's the goodnews you probably haven't.
The market has shifted.
The neck break, break, neckbidding wars of a couple years
ago have cooled off in manyareas, but that's not a bad
thing.
It's actually healthier.
(15:52):
Homes that are priced right,marketed well and in good
condition are still selling, andoften at strong prices.
Plus, homeowners now have thenear record level of equity,
foreclosures are low, lendingstandards are tighter than what
they were back in 2008, andthere's not a wave of forced
sales ready to flood the marketand drive prices down.
(16:14):
So all these factors createstability.
So if you need to sell this year, whether you're relocating the
upsizing or downsizing or readyfor a change you're still in a
good spot to get a solid valueon your home, and so for most
people, real estate's still along-term investment.
So if you're planning to buyand sell in a year, you might
(16:36):
stress about these short-termups and downs, but if you're
like most homeowners, you'restaying put for five, seven or
even 10 years or more and you'relikely to see steady
appreciation add up.
And so remember that realestate is local.
National headlines set the mood, but the local data sets the
(16:59):
price.
You know some areas like our.
We have some very desirableneighborhoods with low inventory
.
We'll continue to appreciatefaster than the national average
and so, while others mightflatten out for a while as
inventory catches up with demand.
So some takeaways from this.
The market is not crashing,it's normalizing.
(17:20):
It's getting back to a steadier, healthier pace.
It's better for everyone, youknow buyers, sellers and our
community.
So if you're on the fencewhether you're a first time home
buyer and investor or homeowner, wondering if that's now, if
it's the right time to make amove, the best next move is to
get clarity about your specificneighborhood and your goals.
(17:41):
So what's happening nationallyis interesting, but really
what's matters is what'shappening in your neighborhood,
in your zip code, on your streetand in your situation.
So, of course, if you want totalk through that, reach out
anytime.
We'd be glad to share what'shappening.
We'd be glad to do a marketanalysis.
We typically do a two-stepapproach.
Your unique home, your uniquesituation is different, and so
(18:06):
we have a process that we followfor your specific home.
So, with all this information,don't panic, stay informed and
remember, in real estate,knowledge is power and we'd love
to have the conversation aboutyour specific home, your
specific neighborhood.
Now, we've helped a lot ofpeople with buying and selling
(18:27):
at the same time.
That's a common occurrence andwe can help thread the needle
with that.
You know you've got to decideof people with buying and
selling at the same time.
That's a common occurrence andwe can help thread the needle
with that.
You know you've got to decideDo you sell before you buy?
Do you buy before you sell?
I mean, we can help younavigate what that looks like
and again, providing clarity,providing knowledge, it is
possible to do that.
(18:51):
Also, the conversations we'rehaving with families that have
had maybe it's a family that'sinherited property and it could
be land, maybe you're you'resitting on a lot of land and you
own it with other familymembers, but then you don't.
Then you're saying toyourselves well, I don't want to
pay the the capital gains on it, and then maybe one family
member is more driven to sellthan another, I mean.
So there's there's differentreasons why people are wanting
(19:11):
to buy or sell.
Maybe you don't want to be inownership with another family
member.
Again, real estate's one of thenumber one, number one most
fought over um real estate.
Real estate's one of the numberone fought over assets,
especially in uh in in with withfamilies, and again, that's we
can help prevent that, we canhelp navigate through that.
(19:31):
Um, we can help prevent that,we can help navigate through
that, and we can help be a guideand provide clarity.
The thing too, though, is thereare opportunities.
If you own a large land tractand you're just paying taxes on
it, of course you're getting thebenefit of the appreciation,
but you're not really getting areturn in the sense of revenue.
Your dollars could be workingfor you.
(19:54):
We've helped people do what'scalled a 1031 exchange, where
they sell property, they deferthe taxes and they can move it
into a real estate propertythat's receiving revenue.
You can get mailbox money, youcan defer the taxes, you can
take advantage of that, but alot of baby boomers are managing
(20:16):
real estate that was acquiredyears ago and are dealing with
the problems of that.
Also, a lot of our clients arein retirement and looking to
enjoy the best of their life,and being a landlord is not the
thing you want to be doing.
Also, a lot of our clients arelooking to enter assisted living
communities, and then you know,the thing is, though, you might
(20:42):
have some real estate that hasbeen passed down through
partnerships or corporations ortrusts.
I mean, these are things that wecan work through.
You know, this is alsointeresting, the way things are
structured and how you want tonavigate through.
Think, planning ahead for yourfamily, planning ahead for your
(21:03):
legacy, planning ahead forchallenges that your family
might have in your legacy andwith your estate.
We can help prevent and we canwork ahead and put a plan in
place for that and, again, someof these solutions.
And we have financial advisorsthat we partner with tax
consultants.
We have attorneys estateattorneys that can provide
(21:25):
clarity.
We can work together with youand your family and the estate
attorneys, the financialadvisors, the tax consultants,
your CPA.
We work together and that's thebenefit of working with the
Georgia Real Estate Group, theresources that we have and the
team that we've assembled tohelp ultimately provide clarity
for you to decide what's right.
We'd love to have theconversation about what your
(21:47):
unique situation is.
It could be land.
It could be a rental property.
It could be apartments you own.
It could be your personal home.
It could be an investmentproperty.
We've we're able to even helpit.
In addition to Western NorthCarolina, we also serve upstate
South Carolina and with ournetwork of other professionals
across the country, if you havereal estate in other areas, we
(22:08):
certainly can help, guide andnavigate through that and
consult on that Because of ournetwork of real estate
professionals across the country.
We can have those conversationsand we're so grateful.
I talked to an agent recentlyin another market.
We have a client that we'reworking through and we can again
partner to help ultimatelyprovide the support for our
(22:28):
clients with all of that.
So it could be your personalhome.
It could be an investment home.
It could be real estateinherited.
It could be land.
You might consider having aconversation with us just to
provide clarity and information.
You might not know all of youroptions that are available and
then we're happy to do a marketanalysis.
But it's not just the marketanalysis.
(22:48):
What are you going to do withthe resources afterwards.
How are you going to navigate?
Can you avoid the capital gains?
There are solutions out therefor you and again, the 1031
exchange world where you candefer the taxes, move it into
something else, and some ofthese opportunities in real
estate investments you can putit into something that's going
to.
(23:09):
It can be mailbox money, wherethese properties are managed by
a management company, and so ifany of these topics are of
interest to you, we certainlywould love to have the
conversation.
You can call us at 828-393-0134, 828-393-0134.
We'd love to have theconversation.
(23:29):
We're here also every Fridaymorning sponsoring the Hometown
Heroes series.
This Friday tomorrow morning,bat Cave Fire Department Chief
Steve Freeman, the firedepartment, helps so many people
in the Bat Cave communityduring Helene While all the
while sustaining major damagesto their fire department.
We're going to get an updatetomorrow morning, friday morning
(23:49):
, from Steve Freeman, bat CaveFire Department Chief, and we've
had some incredibleconversations here, you know,
every Friday morning with ourHometown Heroes series, from our
school teachers to ourvolunteers, to our law
enforcement, to firefighters, to, you know, to even our students
, that are making a differencein the community.
(24:10):
I mean people are.
Our volunteer.
Community is incredible, and soif you know somebody making a
difference, somebody you want tonominate, somebody you want to
have you know, shine a light on.
We'd love to have thatconversation.
You can certainly reach out toWHKP and nominate them.
We'd love to have thatconversation.
So give us a call 828-393-0134.
(24:35):
The market is still moving.
Is it softening a little bit?
Yes, but it's certainly stillhealthy.
Single family homes inHenderson County we're averaging
126 single family homes a month, selling Inventory levels
remaining steady.
I mean the supply and demand.
I mean we have about afive-month supply of
single-family homes in themarket and we work closely with
(24:56):
so many, whether it's ourattorneys, our home inspectors,
our lenders, our tax advisors,our financial advisors.
It's an entire ensemble workingtogether for our clients.
If you need contractors, if youneed a plumber or an
electrician or an antiman, wehave those resources available
and can point you in the rightdirection.
Maybe you're dealing with anestate and you're like how am I
(25:16):
going to work through all thepossessions?
Do we want to donate, do wewant to give?
Do we want to sell?
Do we want to keep?
I mean there's so much which Iknow can feel overwhelming, but
having somebody to be alongsideyou, we have teams that can help
with that as well.
With the estate, uh, workingthrough the estates, it's never
too early to have theconversation.
(25:36):
We had the conversation thisweek with somebody that was two
to three years out.
That's okay, you know this.
Literally they they said, well,we don't want to waste your
time.
I was like we are doing thisevery single day, regardless of
whether you're doing somethingtomorrow, whether you're doing
something in 12 months or or orin two years.
You know we, it's therelationship, it's the
advocating.
We're so grateful Most of ourbusinesses word of mouth.
(25:58):
We've had incredible,incredible, um, uh, just the.
We're so thankful for the wordof mouth.
I mean, that's been truly ourbusiness.
We've had the opportunity tohelp so many with their real
estate and grateful for the wordof mouth.
Some of our new listings thatwe have, you know, and actually
some of our new listings already, have gone under contract.
(26:20):
But one of our new listingsthis week is at 1 Whitehall Lane
in English Hills.
This home's amazing.
From 1976, it was built Over2,400 square feet.
This home is amazing Over 1,800square feet on the main level,
500-plus square feet finished inthe lower level, plus the
double-car garage.
(26:40):
It's a brick ranch with abeautiful porch sun porch, the
peace of mind.
Porch sun porch, the peace ofmind.
This, actually this home, thisis amazing has a new roof by
Owens Corning, a 50-year roofwith a transferable warranty.
I mean talk about peace of mind, but the home, the beautiful
(27:00):
ranch, sits in the corner lot,located in one of the most
desirable and picturesqueneighborhoods in English Hills.
The HOA fee is so nominal Imean $25 a year for the HOA fee
but great, it's a beautiful lot,beautiful property, huge full
basement, so much potential.
(27:21):
Again, a lot of opportunity withthis home.
Great location, one, whitehallLane in Hendersonville, in
English Hills, and it's only for$550,000, $2,400 plus square
feet.
That's just an example of oneof the homes that we have.
We have another home in 66Ashland Lane in Tryon, $445,000.
This is a true log cabin, builtin 2000,.
(27:41):
Over two acres, over 2,000square feet for $445,000.
Again, just a sample.
We have a lot for sale inKenmure, 168 Tarnhill Drive in
Kenmure in Flat Rock.
This is one of the front lots.
I mean such easy accessibility,two very buildable acres, very
little elevation change, closeto the front of the neighborhood
(28:04):
, near the gate, near theclubhouse, near the amenities.
This property, 168 TarnhillDrive in Flat Rock Again, just a
sampling of some of theinventory in homes we have.
We have another beautiful homeat 1351 Chanteloup Drive.
Over two acres, over 4,500square feet.
This home has been remodeledtop to bottom $920,000.
(28:25):
Awesome home, awesomeopportunity for the right home
for the right family.
1351 chancel loop drive againjust a sampling of some of the
inventory and some of the homesuh that we have for sale.
We also just did a priceadjustment at 19 robert e lee
drive and flat rock uh 420.
This is an amazing brick ranch,over 1700 square,700 square feet
(28:46):
, built in 1963, solid, solidhome, updated kitchen.
It has a beautiful custom frontporch plus a beautiful back
porch as well, and it also has atwo-car garage so much storage.
Also has a whole home generatoronly 420.
(29:09):
19 Robert E Lee Drive in FlatRock.
Just a sampling of the homesthat we have for sale.
If you're curious about any ofthem, certainly go to our
website, realestatebygregcom.
You can also follow us onsocial media Facebook and
Instagram.
I have a listing at 73 WisdomCove Road in Flat Rock as well
695.
This home has been remodeled.
It's only a 2020 home but it'sbeen totally remodeled top to
(29:33):
bottom.
Amazing home.
73 Wisdom Cove Road in FlatRock as well.
Great homes that we have, greatinventory we have.
And certainly, if you're curiousabout your home, if you're
curious about looking at anyhomes, we'd love to have the
conversation.
There's no pressure, there's nocost, there's no obligation.
You can give us a call at828-393-0134.
We're here every Friday morningat 845 for the Hometown Heroes
(29:55):
series.
And certainly stop by ouroffice in Flat Rock If you want
to just stop by and say hello.
Meet us at the office.
We'd love to buy you a cup ofcoffee, but we're so grateful to
be here with you every Thursdaymorning.
Be sure to check out ourpodcast.
We podcast all of our radioshows.
(30:17):
You can find that on yourfavorite podcast platform.
Again, we'd love to connectwith you.
Find us on social media, butagain, so grateful to be here
every Thursday morning.
Have a great day, have a greatweek and we'll see you tomorrow
morning.
(30:38):
Thinking about estate planningfor your real estate.
Without a smart approach, theproperty you leave behind could
become an unwelcome burden foryour kids.
Many children simply don't wantto co-manage an inherited house
or deal with the tenants.
Fortunately, you can preventthat with the right plan.
The George Real Estate Groupspecializes in tax-efficient
(30:58):
strategies like 1031 exchangesand Delaware Statutory Trust to
simplify inheritance and incomeplanning.
A 1031 exchange can defer yourcapital gain taxes now and help
your kids avoid a big tax billlater.
And a DST lets you continueearning rental income without
landlord headache.
Plus, it can be split amongyour children, making
(31:19):
inheritance easier.
Planning ahead is one of thekindest gifts you can give your
family.
Let us help you secure yourlegacy.
Call the George Real EstateGroup at 828-393-0134 today.
You've worked hard to buildyour legacy.
Now let us help you protect itfor your loved ones.
Speaker 2 (31:38):
Thank you for listening to the George Real
Estate Group podcast.
Tune in next time for moreindustry news updates and real
estate tips.
You can reach Greg, the GeorgeReal Estate Group, at
828-393-0134 or atrealestatebygregcom.
Hello friends, thank you so much for being here.
This is the George Real EstateGroup podcast, which is a
production of our live weeklyradio shows hosted on multiple
radio stations here inHendersonville, north Carolina.
The George Real Estate Groupserves Western North Carolina
and Upstate South Carolina andit is a privilege to share
positive news about our localreal estate market and community
(00:23):
.
Thanks so much for subscribingand, of course, if you have any
real estate questions or if wecan help you in any way, be sure
to reach out.
Visit us atgeorgerealestategroupradiocom
for more information.
Good morning and welcome to theGeorge Real Estate Group live
radio broadcast here on WHKPEvery Thursday morning, sharing
(00:45):
with you positive news aboutyour local real estate market
and community.
So much to be grateful for.
I hope.
You had a wonderful 4th of Julyweekend and it's been hot for
sure.
And then we got ourthunderstorms and our rain and
we've been so busy in a good way, I mean.
(01:06):
We're so grateful, helping allof our clients navigate through
the buying and selling processand whether it's their personal
home or their vacation home ortheir investment home, or their
commercial real estate or land,condos, townhomes, you name it,
we're helping our clientsnavigate through real estate.
Life happens, therefore, realestate happens and we'll
certainly jump into thatconversation.
(01:27):
Just so much to be thankful for.
Here we are on WHKP.
We're here every Thursday.
I've been actually doing thisradio show since 2011.
And then also do a number ofother radio shows.
We do the Hometown Hero serieshere every Friday morning as
well.
We podcast all of our radioshows and in the time I've been
doing radio shows, we've doneover 1,600 live radio shows
(01:51):
throughout the years.
Also, we've had the privilegeof helping.
More importantly, we've helpedmore than 1,500 families and
quickly approaching 1,600families with their real estate
needs.
And again, it could be anythingfrom helping buy and sell your
your personal home, helping our.
We've helped so many people.
This has been a uh.
We've helped so many peoplewith their um, you know their
(02:14):
estate properties.
You know that and that's just areality.
We've walked through people withuh, you know I mean it's just
life loss of loved ones.
I mean it could be a divorce,it could be a job loss.
I mean, like these are.
These are challengingsituations people walk through
and certainly impacted realestate's impacted by that.
And then, of course, thebeautiful, joyful situations
(02:35):
like the new family, or thegrowing family or the retiring
family, or moving closer to thegrandkids.
There's some beautiful reasons.
I mean it's very rare.
I mean it is not the interestrates or the economy or the
market that's normally drivingpeople's buying decisions,
whatever it might be.
And so the conversation is justthis week alone, we had a
(03:00):
conversation with a familythat's out of town.
They've had a family propertyhere since the 50s but the
season has ended in that andthey're making the steps to sell
the family mountain property.
I mean, that's something we'vehelped with.
We walked through with a familythat you know adult children,
(03:23):
you know, children in theirsixties that inherited property
and so we're navigating throughthrough that, uh, helping
clients sell their home, sellthat property that was inherited
.
Um, we help.
We've helped people, uhrecently that were changing
houses.
They went from they were, theywere getting a house that fit
their needs better.
It wasn't, uh, you know it wasthe current house had outgrown
(03:45):
and they needed something thatmet their needs better.
And then having conversationswith people that are selling
their land and what does thatlook like and what's the land
worth?
I mean, life happens, thereforereal estate happens, and it's a
privilege and honor to help ourclients navigate through, you
know, in regards to real estate,and so we would love to have
(04:06):
the conversation.
There's no pressure, there's nocost, there's no obligation.
Give us a call today828-393-0134, 828-393-0134.
Find us online atrealestatebygregcom.
We also podcast all of ourradio shows.
You can also follow us onsocial media Facebook and
Instagram and we'd love toconnect, we'd love to have the
(04:27):
conversation.
We're here every Thursdaymorning right after the 10
o'clock hour.
One thing that I want to give aheads up on it's this coming
weekend, on July 12th, ourfriends at Narnia Studios are
having their 29th annual Chalkit Up.
Barbara Hughes has been on ourradio program before.
(04:49):
We weren't able to coordinateit this week, but I told her I
would share about it.
Chalk it Up began with threechildren drawing in front of
their mother's store.
It's blossomed into one of themost beloved and endearing
events our town has to offer.
It's a unique way to expressbeautiful downtown
Hendersonville, north Carolina.
You know, every summer, 150artists of all ages draw for
(05:09):
prizes and fun in this greatcontest designed to promote
Hendersonville as a city with aheart for art.
And it's chalk it up.
You can look it up on theirwebsite, narnia studioscom.
It's this Saturday, july 12th,and there's certainly some.
They have rain dates.
If that happens, no dogs areallowed.
But want to encourage you tocome check out the incredible
(05:30):
artists and, if you want to planahead for next year to become,
to sign up to be one of theartists.
Again, that's one of the one ofthe many things that makes
Hendersonville unique is thedifferent events downtown, the
Apple festivals coming up.
You know we had the GardenJubilee back in May.
I mean so many peopleexperienced Hendersonville
through that.
A lot of people alsoexperienced Hendersonville in
(05:53):
regards to the summer camps andI want to also take a moment to
just express our condolences andour prayers and thoughts for
those in the Texas area and ourprayers and thoughts for those
in the Texas area that the campsand the number of just the
tragedy that was experiencedthere with the flooding and the
summer camp that was impacted mydaughter's at a girls camp
(06:15):
right now and again as a parentto hear that these things are
happening again, it certainlyputs things into perspective.
But our thoughts and prayersare with everyone in Texas that
experienced so much loss here.
But the camp industry here and Iactually years ago prior to my
real estate career this isactually my 20th year of my
(06:36):
North Carolina broker's license.
I was involved in the campingindustry, helping on the
technology side, support forsummer camps.
Camping industry helping on thetechnology side, support for
summer camps.
This is before.
This is like at the dawn ofhigh-speed internet and the dawn
of internet, the dawn ofdigital photography, we were
supporting camps with theirtechnology and this is before
Facebook.
This is again very early on inthe internet, with and where
(07:00):
summer camps.
We were providing technologyservices.
So I had actually anopportunity to go out to the
camps in Texas.
I'd been to the Curvil, I'dbeen to Camp Mystic, I'd been to
Heart of the Hills, I'd been tothose camps and this is some
you know.
25 years ago I had a chance tovisit those camps, maybe 20
years ago at this point, butagain grateful.
(07:20):
You know the camp industry makessuch a difference in kids'
lives.
You might not realize that, inaddition to the powerful impact
that it has on kids' lives, butthe economic impact and here you
know, I would say prior, youknow you got Western North
Carolina which is one of thehighest concentration of camps
in the industry and also youknow that area in Texas there
(07:45):
was another high concentrationof camps.
This is so interesting in a 18county WNC region, the wet uh,
the summer camps actuallysupported uh 853 payroll
position 18% increase, uh, inthat the job spread over 47
businesses.
Also, the economic output.
(08:10):
This is so interesting.
This is in 2010.
So I mean you know 20, excuseme, 15 years ago they did an
economic study of four countiesBuncombe County, henderson
County, transylvania County andJackson County, covering 50
camps.
And this is again 15 years ago$365 million total economic
(08:30):
impact Incredible.
You know the economic impact ofthe camps and so you have the
camp economic impact.
But the spillover, thecamp-driven spending, spillovers
into the hotels, therestaurants, the retail, the
construction, logistics, laundryservices.
(08:51):
You know, especially during thecamp drop-off and pickups, and
you know it's the.
Also, camps support landconservation values, operating
on large undeveloped properties,engaging with nearby state
parks.
But you know a lot of localbusinesses were founded by folks
who came to Western NorthCarolina through camp
experiences.
But camp has such a powerfulimpact on children and families.
(09:13):
So many people come to thisarea because they went to camp
years ago and then they comehere.
And so you know the campingindustry and then the quality of
life.
People move here for thequality of life.
Had a phone call this week withanother client that was, you
know, moving from Colorado tohere, specifically to
(09:33):
Hendersonville, and for thequality of life I mean.
So there's so manyconversations that we're having
day in and day out.
We're grateful for theopportunity to serve the
community through real estate.
Here's just a quick seven-daysnapshot in Henderson County.
Seven-day snapshot in HendersonCounty and this is for
residential single-family homes51 new listings.
(09:55):
Now this number keepsincreasing.
I'll explain why 80, 80, 8-0price decreases.
There were 45 homes that wentunder contract and then 21 homes
closed.
Now that number 21 is on thelower end because it's at the
beginning of the month.
Typically we see more homesclosing at the end of the month.
(10:15):
So what's what's happening inthe in the market?
You know, in Henderson CountyNow I'm going to include this is
through a research, you know alocal market update through the
research tool provided by CanopyRealtor Association for
Henderson County the number ofnew listings.
(10:37):
Year to date, through June thisyear, versus June last year,
there's been a 14.5% increase innew listings.
Now this is amazing.
There's been a 5% increase inpending sales and a 9% increase
in closed sales.
(10:57):
But we are seeing a softeningof prices and we're seeing days
on market are increasing ofprices and we're seeing days on
market are increasing.
So the median sales price nowthis includes condos and
townhomes and single familyhomes the median sales price is
down 2% year to date this yearversus year to date last year or
(11:19):
through the end of June themedian sales price is at 440,
500.
And then the average salesprice is at 509.
And that's actually down 1.4%.
Again when we look at year todate, through the end of June
versus year to date through theend of June this year, versus
last year.
So there's been a 2% drop inthe median sales price.
(11:42):
There's been a 1.4% drop in theaverage sales price.
Now this is interesting.
The percent of original listprice received is down about a
percent.
95.7% is now the original listprice to what it's selling for.
So previously you saw sellerswere the market is softening,
(12:07):
buyers have a little bit moreleverage.
On average it's almost wellit's over 4% compared to the
original price that prices arecoming off.
So you know, depending on thehome, you know you might have a
little bit of a wiggle roomcompared to years, previous
years where you had to come in.
Even you had to come in strongif you wanted a chance for it.
But because of the new, theincrease in listings and you
(12:32):
also see the price reductions,the market's softening but the
prices are still holdingsomewhat.
I mean they're not.
It's not like they're havingany drastic drops and it's
because of the environment.
We're in the supply and demandlist.
Close, the days it takes now is116 days.
That's actually 17% higher thistime period versus last year.
(12:54):
Another interesting thing isdays on the market until the
sale is now at 63 days.
When we say under contract isnow 63 days and then closing,
it's 116 days, and thencumulative days on the market
until the sales at 68 days.
Those are up 37, 36%.
So the market it's softening,uh, the and and so it's just
(13:19):
it's something to consider.
You know this is the questionpeople are asking themselves are
the where?
What are?
What's happening with the homeprices?
You know where are they goingup?
Are they going down?
You know, on the, on the newsand certainly the headlines TV
online, maybe you're scrollingthrough social media shouting
about a.
You know the social mediashouting about a housing crash,
(13:42):
a bubble bursting, or valuesabout the plummet overnight.
The attention grabbing, grabbingheadlines can really play on
your fears, especially if you'rethinking about buying or
selling.
But the thing is, the headlinesrarely tell the full story.
So in this is this is let'stake a look at it.
You know, as a buyer, shouldyou wait for prices to drop?
(14:05):
You know.
So if your buyer sitting on thesidelines hoping for a massive
drop in prices so you can swoopin and get a steal, you might be
waiting longer than you think.
And in our market you knowthey're.
They're, like I said, a slightcooling off.
Uh, the 1%, 2% flattening.
We are seeing some localmarkets like ours, flattening
(14:28):
out or dropping slightly becausethere's there's a small
increase of inventory hittingthe market and, by the way,
that's normal.
When more homes are available,buyers have more choices, so the
prices can level out.
But looking at the big picture,over 100 leading housing experts
, economists, real estateanalysts and market researchers
(14:49):
were surveyed by Fannie Mae intheir latest home price
expectation survey.
They didn't predict a crash.
Instead, they actually expect asteady, moderate growth for the
next five years and again,that's supply and demand.
The average about a 3.3% pricegrowth per year through 2029.
(15:10):
And the optimists actuallythink we'll see closer to 5%
annual growth.
Even the pessimists, the mostconservative experts, still say
we're likely to see a 1% to 2%growth per year.
Not a drop, and so no dramatictumble, just a healthy,
sustainable pace.
That's more normal than thewild double digit surges we saw
(15:31):
during the pandemic boon.
Now for sellers, should you rushto list on?
You know, on the flip side, ifyour homeowner wondering if you
missed the peak, here's the goodnews you probably haven't.
The market has shifted.
The neck break, break, neckbidding wars of a couple years
ago have cooled off in manyareas, but that's not a bad
thing.
It's actually healthier.
(15:52):
Homes that are priced right,marketed well and in good
condition are still selling, andoften at strong prices.
Plus, homeowners now have thenear record level of equity,
foreclosures are low, lendingstandards are tighter than what
they were back in 2008, andthere's not a wave of forced
sales ready to flood the marketand drive prices down.
(16:14):
So all these factors createstability.
So if you need to sell this year, whether you're relocating the
upsizing or downsizing or readyfor a change you're still in a
good spot to get a solid valueon your home, and so for most
people, real estate's still along-term investment.
So if you're planning to buyand sell in a year, you might
(16:36):
stress about these short-termups and downs, but if you're
like most homeowners, you'restaying put for five, seven or
even 10 years or more and you'relikely to see steady
appreciation add up.
And so remember that realestate is local.
National headlines set the mood, but the local data sets the
(16:59):
price.
You know some areas like our.
We have some very desirableneighborhoods with low inventory
.
We'll continue to appreciatefaster than the national average
and so, while others mightflatten out for a while as
inventory catches up with demand.
So some takeaways from this.
The market is not crashing,it's normalizing.
(17:20):
It's getting back to a steadier, healthier pace.
It's better for everyone, youknow buyers, sellers and our
community.
So if you're on the fencewhether you're a first time home
buyer and investor or homeowner, wondering if that's now, if
it's the right time to make amove, the best next move is to
get clarity about your specificneighborhood and your goals.
(17:41):
So what's happening nationallyis interesting, but really
what's matters is what'shappening in your neighborhood,
in your zip code, on your streetand in your situation.
So, of course, if you want totalk through that, reach out
anytime.
We'd be glad to share what'shappening.
We'd be glad to do a marketanalysis.
We typically do a two-stepapproach.
Your unique home, your uniquesituation is different, and so
(18:06):
we have a process that we followfor your specific home.
So, with all this information,don't panic, stay informed and
remember, in real estate,knowledge is power and we'd love
to have the conversation aboutyour specific home, your
specific neighborhood.
Now, we've helped a lot ofpeople with buying and selling
(18:27):
at the same time.
That's a common occurrence andwe can help thread the needle
with that.
You know you've got to decideof people with buying and
selling at the same time.
That's a common occurrence andwe can help thread the needle
with that.
You know you've got to decideDo you sell before you buy?
Do you buy before you sell?
I mean, we can help younavigate what that looks like
and again, providing clarity,providing knowledge, it is
possible to do that.
(18:51):
Also, the conversations we'rehaving with families that have
had maybe it's a family that'sinherited property and it could
be land, maybe you're you'resitting on a lot of land and you
own it with other familymembers, but then you don't.
Then you're saying toyourselves well, I don't want to
pay the the capital gains on it, and then maybe one family
member is more driven to sellthan another, I mean.
So there's there's differentreasons why people are wanting
(19:11):
to buy or sell.
Maybe you don't want to be inownership with another family
member.
Again, real estate's one of thenumber one, number one most
fought over um real estate.
Real estate's one of the numberone fought over assets,
especially in uh in in with withfamilies, and again, that's we
can help prevent that, we canhelp navigate through that.
(19:31):
Um, we can help prevent that,we can help navigate through
that, and we can help be a guideand provide clarity.
The thing too, though, is thereare opportunities.
If you own a large land tractand you're just paying taxes on
it, of course you're getting thebenefit of the appreciation,
but you're not really getting areturn in the sense of revenue.
Your dollars could be workingfor you.
(19:54):
We've helped people do what'scalled a 1031 exchange, where
they sell property, they deferthe taxes and they can move it
into a real estate propertythat's receiving revenue.
You can get mailbox money, youcan defer the taxes, you can
take advantage of that, but alot of baby boomers are managing
(20:16):
real estate that was acquiredyears ago and are dealing with
the problems of that.
Also, a lot of our clients arein retirement and looking to
enjoy the best of their life,and being a landlord is not the
thing you want to be doing.
Also, a lot of our clients arelooking to enter assisted living
communities, and then you know,the thing is, though, you might
(20:42):
have some real estate that hasbeen passed down through
partnerships or corporations ortrusts.
I mean, these are things that wecan work through.
You know, this is alsointeresting, the way things are
structured and how you want tonavigate through.
Think, planning ahead for yourfamily, planning ahead for your
(21:03):
legacy, planning ahead forchallenges that your family
might have in your legacy andwith your estate.
We can help prevent and we canwork ahead and put a plan in
place for that and, again, someof these solutions.
And we have financial advisorsthat we partner with tax
consultants.
We have attorneys estateattorneys that can provide
(21:25):
clarity.
We can work together with youand your family and the estate
attorneys, the financialadvisors, the tax consultants,
your CPA.
We work together and that's thebenefit of working with the
Georgia Real Estate Group, theresources that we have and the
team that we've assembled tohelp ultimately provide clarity
for you to decide what's right.
We'd love to have theconversation about what your
(21:47):
unique situation is.
It could be land.
It could be a rental property.
It could be apartments you own.
It could be your personal home.
It could be an investmentproperty.
We've we're able to even helpit.
In addition to Western NorthCarolina, we also serve upstate
South Carolina and with ournetwork of other professionals
across the country, if you havereal estate in other areas, we
(22:08):
certainly can help, guide andnavigate through that and
consult on that Because of ournetwork of real estate
professionals across the country.
We can have those conversationsand we're so grateful.
I talked to an agent recentlyin another market.
We have a client that we'reworking through and we can again
partner to help ultimatelyprovide the support for our
(22:28):
clients with all of that.
So it could be your personalhome.
It could be an investment home.
It could be real estateinherited.
It could be land.
You might consider having aconversation with us just to
provide clarity and information.
You might not know all of youroptions that are available and
then we're happy to do a marketanalysis.
But it's not just the marketanalysis.
(22:48):
What are you going to do withthe resources afterwards.
How are you going to navigate?
Can you avoid the capital gains?
There are solutions out therefor you and again, the 1031
exchange world where you candefer the taxes, move it into
something else, and some ofthese opportunities in real
estate investments you can putit into something that's going
to.
(23:09):
It can be mailbox money, wherethese properties are managed by
a management company, and so ifany of these topics are of
interest to you, we certainlywould love to have the
conversation.
You can call us at 828-393-0134, 828-393-0134.
We'd love to have theconversation.
(23:29):
We're here also every Fridaymorning sponsoring the Hometown
Heroes series.
This Friday tomorrow morning,bat Cave Fire Department Chief
Steve Freeman, the firedepartment, helps so many people
in the Bat Cave communityduring Helene While all the
while sustaining major damagesto their fire department.
We're going to get an updatetomorrow morning, friday morning
(23:49):
, from Steve Freeman, bat CaveFire Department Chief, and we've
had some incredibleconversations here, you know,
every Friday morning with ourHometown Heroes series, from our
school teachers to ourvolunteers, to our law
enforcement, to firefighters, to, you know, to even our students
, that are making a differencein the community.
(24:10):
I mean people are.
Our volunteer.
Community is incredible, and soif you know somebody making a
difference, somebody you want tonominate, somebody you want to
have you know, shine a light on.
We'd love to have thatconversation.
You can certainly reach out toWHKP and nominate them.
We'd love to have thatconversation.
So give us a call 828-393-0134.
(24:35):
The market is still moving.
Is it softening a little bit?
Yes, but it's certainly stillhealthy.
Single family homes inHenderson County we're averaging
126 single family homes a month, selling Inventory levels
remaining steady.
I mean the supply and demand.
I mean we have about afive-month supply of
single-family homes in themarket and we work closely with
(24:56):
so many, whether it's ourattorneys, our home inspectors,
our lenders, our tax advisors,our financial advisors.
It's an entire ensemble workingtogether for our clients.
If you need contractors, if youneed a plumber or an
electrician or an antiman, wehave those resources available
and can point you in the rightdirection.
Maybe you're dealing with anestate and you're like how am I
(25:16):
going to work through all thepossessions?
Do we want to donate, do wewant to give?
Do we want to sell?
Do we want to keep?
I mean there's so much which Iknow can feel overwhelming, but
having somebody to be alongsideyou, we have teams that can help
with that as well.
With the estate, uh, workingthrough the estates, it's never
too early to have theconversation.
(25:36):
We had the conversation thisweek with somebody that was two
to three years out.
That's okay, you know this.
Literally they they said, well,we don't want to waste your
time.
I was like we are doing thisevery single day, regardless of
whether you're doing somethingtomorrow, whether you're doing
something in 12 months or or orin two years.
You know we, it's therelationship, it's the
advocating.
We're so grateful Most of ourbusinesses word of mouth.
(25:58):
We've had incredible,incredible, um, uh, just the.
We're so thankful for the wordof mouth.
I mean, that's been truly ourbusiness.
We've had the opportunity tohelp so many with their real
estate and grateful for the wordof mouth.
Some of our new listings thatwe have, you know, and actually
some of our new listings already, have gone under contract.
(26:20):
But one of our new listingsthis week is at 1 Whitehall Lane
in English Hills.
This home's amazing.
From 1976, it was built Over2,400 square feet.
This home is amazing Over 1,800square feet on the main level,
500-plus square feet finished inthe lower level, plus the
double-car garage.
(26:40):
It's a brick ranch with abeautiful porch sun porch, the
peace of mind.
Porch sun porch, the peace ofmind.
This, actually this home, thisis amazing has a new roof by
Owens Corning, a 50-year roofwith a transferable warranty.
I mean talk about peace of mind, but the home, the beautiful
(27:00):
ranch, sits in the corner lot,located in one of the most
desirable and picturesqueneighborhoods in English Hills.
The HOA fee is so nominal Imean $25 a year for the HOA fee
but great, it's a beautiful lot,beautiful property, huge full
basement, so much potential.
(27:21):
Again, a lot of opportunity withthis home.
Great location, one, whitehallLane in Hendersonville, in
English Hills, and it's only for$550,000, $2,400 plus square
feet.
That's just an example of oneof the homes that we have.
We have another home in 66Ashland Lane in Tryon, $445,000.
This is a true log cabin, builtin 2000,.
(27:41):
Over two acres, over 2,000square feet for $445,000.
Again, just a sample.
We have a lot for sale inKenmure, 168 Tarnhill Drive in
Kenmure in Flat Rock.
This is one of the front lots.
I mean such easy accessibility,two very buildable acres, very
little elevation change, closeto the front of the neighborhood
(28:04):
, near the gate, near theclubhouse, near the amenities.
This property, 168 TarnhillDrive in Flat Rock Again, just a
sampling of some of theinventory in homes we have.
We have another beautiful homeat 1351 Chanteloup Drive.
Over two acres, over 4,500square feet.
This home has been remodeledtop to bottom $920,000.
(28:25):
Awesome home, awesomeopportunity for the right home
for the right family.
1351 chancel loop drive againjust a sampling of some of the
inventory and some of the homesuh that we have for sale.
We also just did a priceadjustment at 19 robert e lee
drive and flat rock uh 420.
This is an amazing brick ranch,over 1700 square,700 square feet
(28:46):
, built in 1963, solid, solidhome, updated kitchen.
It has a beautiful custom frontporch plus a beautiful back
porch as well, and it also has atwo-car garage so much storage.
Also has a whole home generatoronly 420.
(29:09):
19 Robert E Lee Drive in FlatRock.
Just a sampling of the homesthat we have for sale.
If you're curious about any ofthem, certainly go to our
website, realestatebygregcom.
You can also follow us onsocial media Facebook and
Instagram.
I have a listing at 73 WisdomCove Road in Flat Rock as well
695.
This home has been remodeled.
It's only a 2020 home but it'sbeen totally remodeled top to
(29:33):
bottom.
Amazing home.
73 Wisdom Cove Road in FlatRock as well.
Great homes that we have, greatinventory we have.
And certainly, if you're curiousabout your home, if you're
curious about looking at anyhomes, we'd love to have the
conversation.
There's no pressure, there's nocost, there's no obligation.
You can give us a call at828-393-0134.
We're here every Friday morningat 845 for the Hometown Heroes
(29:55):
series.
And certainly stop by ouroffice in Flat Rock If you want
to just stop by and say hello.
Meet us at the office.
We'd love to buy you a cup ofcoffee, but we're so grateful to
be here with you every Thursdaymorning.
Be sure to check out ourpodcast.
We podcast all of our radioshows.
(30:17):
You can find that on yourfavorite podcast platform.
Again, we'd love to connectwith you.
Find us on social media, butagain, so grateful to be here
every Thursday morning.
Have a great day, have a greatweek and we'll see you tomorrow
morning.
(30:38):
Thinking about estate planningfor your real estate.
Without a smart approach, theproperty you leave behind could
become an unwelcome burden foryour kids.
Many children simply don't wantto co-manage an inherited house
or deal with the tenants.
Fortunately, you can preventthat with the right plan.
The George Real Estate Groupspecializes in tax-efficient
(30:58):
strategies like 1031 exchangesand Delaware Statutory Trust to
simplify inheritance and incomeplanning.
A 1031 exchange can defer yourcapital gain taxes now and help
your kids avoid a big tax billlater.
And a DST lets you continueearning rental income without
landlord headache.
Plus, it can be split amongyour children, making
(31:19):
inheritance easier.
Planning ahead is one of thekindest gifts you can give your
family.
Let us help you secure yourlegacy.
Call the George Real EstateGroup at 828-393-0134 today.
You've worked hard to buildyour legacy.
Now let us help you protect itfor your loved ones.
Speaker 2 (31:38):
Thank you for listening to the George Real
Estate Group podcast.
Tune in next time for moreindustry news updates and real
estate tips.
You can reach Greg, the GeorgeReal Estate Group, at
828-393-0134 or atrealestatebygregcom.
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