April 24, 2025 • 31 mins
Ever wonder why national real estate headlines don't match what you're seeing locally? This eye-opening episode dives deep into Western North Carolina's resilient housing market, revealing how Henderson County defied national trends with a 7% increase in first-quarter sales while the broader market declined.
We break down the real numbers behind today's market: Henderson County's limited 3.8-month inventory supply, Buncombe County's higher $676,000 average home price, and Transylvania County's surprising luxury market strength with more $2 million+ sales than you might expect. These neighboring communities tell a fascinating story of micromarket variations that smart buyers and sellers need to understand.
The episode highlights North Carolina's remarkable 72% home price appreciation over the last five years, substantially outpacing the national average of 57%. This growth means the average homeowner now sits on approximately $311,000 in equity - wealth that can be leveraged for downsizing, upgrading, renovations, or even funding new life adventures.
For buyers concerned about today's interest rate environment, we offer a fresh perspective worth considering: the tradeoff between yesterday's lower rates with frenzied bidding wars versus today's higher rates with more negotiating power. Would you rather pay $100,000 over asking with a low rate or get $100,000 off with a higher rate? This nuanced discussion challenges conventional thinking about "waiting for the perfect time" to enter the market.
Looking ahead, housing experts consistently project continued appreciation through at least 2029, creating compelling financial arguments for homeownership versus renting. A $400,000 home purchased today could gain nearly $80,000 in value by 2030 - while renters paying $1,500 monthly would spend $90,000 with nothing to show for it. That's a potential $170,000 wealth difference over just five years.
Ready to explore your options in today's market? Whether you're considering buying before selling, selling before buying, or simply want to understand what your home is worth in today's environment, we're here to provide clarity and guidance tailored to your unique situation.
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Transcript
Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
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 atgeorgerrealestategroupradiocom
for more information.
Good morning and welcome to theGeorge Real Estate Group live
(00:45):
radio broadcast here on WHKPevery Thursday morning, sharing
with you positive news aboutyour local real estate market
and community.
So grateful to be here with youon this rainy Thursday April
24th and, wow, time flies whileyou're having fun.
And so much to to be gratefulfor.
I mean, things are turninggreen, the mute, the?
(01:06):
Uh leaves are beautiful, thegrass is beautiful.
I mean this the water, the rainthat we've had, um, again, the,
the four distinct seasons thatwe experience here, uh, in
hendersonville and western northcarolina.
Again, one of the a lot of the,one of the reasons people love
moving here is the four distinctseasons, the, the mild climates
and the, the quality of life,uh, or some of the reasons
people love moving here is thefour distinct seasons, the, the
(01:27):
mild climates and the, thequality of life, uh, or some of
the main reasons.
I I heard north carolina was in2024, the, the second highest
net incoming migrated state inin the united states.
In 2024, which I'd heard it wasmoving up in the ranks, but the
it was the second highest netof increased population in the
(01:48):
United States in 2024.
And again, for all the reasonswe love to call this place home,
so many people are continuingto find that for so many reasons
quality of life, the lowertaxes, the location there's so
much climate there's.
There's again, so many reasonsthe, the more affordable home
prices, which, again, that'srelative, I understand that
(02:09):
compared to, maybe, wheresomeone's coming from.
But we're just grateful to behere with you on this thursday
morning.
We're live on whkp, we're goingto share some information about
what's going on in the localreal estate market and the
community.
And again, again, if you'recurious about the market, if
you're curious about your homeand what your home's worth in
the context of the real estatemarket, we will dive into that,
(02:32):
but of course, you can call usdirectly 828-393-0134,
828-393-0134.
Find us online atrealestatebygregcom.
We podcast all of our radioshows.
You can follow us on socialmedia Instagram and Facebook and
then you can see all of ouropen houses that we do.
We are frequent.
We are very committed to ouropen houses because they work.
(02:57):
We see so much activityhappening with our open houses
and you might find thatfascinating because of the
environment you hear andcertainly the news you hear
about the market, and we willjump into some of the news that
they just released this morningnationally and we'll see how our
numbers look compared to thenational numbers they released
(03:19):
for March 2025.
But before we do that, theGeorgia Real Estate Group we're
so grateful to serve thecommunity through real estate.
This is my 23rd my NorthCarolina broker's license.
We serve Western North Carolinaand Upstate South Carolina.
We have an incredible group ofagents and staff here to serve
you.
We're so enthusiastic.
We are passionate about helpingpeople with their real estate
(03:39):
needs.
We're also passionate about ourcommunity, making this
community a better place and, aswe saw through the hurricane
and even through the fires again, neighbors helping neighbors,
people stepping up and thenwithin our nonprofit community.
Just the amazing work beingdone, which was even more
highlighted during the recentlast six, seven months of what
(04:02):
our community has gone through,but the resilience that our
community has, the generositythat our community has.
What a place to call home and,again, grateful to serve the
community through real estate.
So we'd love to connect withyou.
Find us online atrealestatebygregcom.
Stop by our office there inFlat Rock.
We are on Rainbow Row and weserve, like I said, upstate
(04:22):
South Carolina.
We have agents that live inSouth Carolina and are South
Carolina real estate agents.
So we have agents that we canhelp you both in North and South
Carolina and we'd love toconnect with you.
Follow us on our podcast.
We podcast all of our radioshows.
I was doing some math.
I mean, this is my 20th yearwith my North Carolina broker's
license.
(04:43):
This year we passed over 1,500families served in my career,
also collectively at our GeorgeRoll State group.
We have over 100 years ofcombined experience and we're
growing.
We're still again.
You might find that interesting,the market being what it is.
We've helped more people thisyear than we did last year, and
that was true of the year before.
We just keep growing, even inthe market that we're in, and
(05:06):
the market's the market.
The interest rates are theinterest rates, the economy is
the economy.
But we know real estate happensaround life and life happens.
Therefore, real estate happens.
It could be a really positivereason why you're buying or
selling or it could be achallenging reason.
Whatever that might be, we'dlove to interview for the job
and have the conversation about.
You know what your goals are,what your dreams are, what the
(05:26):
market's doing.
You know what is your plans.
Do you want to sell before youbuy?
Do you want to buy before yousell?
We've helped so many peoplenavigate through that.
We also continue to seemultiple offers.
You know, in this market youmight find that fascinating, but
we do.
And guess what?
There's still a lot of.
You see a lot of price dropsbecause both things are
(05:48):
happening.
You can see homes that arepriced right they're getting
multiple offers and then you seehomes that have been on the
market.
They are not getting theactivity or the offers and
therefore there's an adjustment.
I mean, just in the last sevendays in Henderson County there's
been 47 new listings.
There's been 44 price drops.
There's been 40 homes go undercontract.
(06:12):
This is single family.
I'm not referencing land ortownhomes or condos.
I love looking at single familyhomes as the barometer in
Henderson County and thenthere's been 37 homes closed.
I mean talk about a balancedmarket there.
I mean just as many homes,almost as many homes, are going
under contract each week as theyare going on the market and
(06:33):
then as many homes are closing.
Now I was referencing the reportthat came out nationally.
Existing home sales fell almost6% 5.9% month over month to a
seasonally adjusted rate of 4.02million in March 2020.
Year over year, sales drew back2.4% and this is according to
(06:58):
the NAR chief economist,lawrence Young.
He said this home buying andselling remains sluggish in
March due to the affordabilitychallenges associated with
higher mortgage rates.
Residential housing mobilitycurrently at historic lows and
signals the troublesomepossibility of a less economic
(07:18):
mobility for society.
Again, this is now that'snationally.
That's nationally andspecifically Henderson County.
Well, we were actually on parIn.
The first quarter of HendersonCounty was up 7% in regards to
the number of homes sold thefirst quarter this year versus
the first quarter last year, andthe month of March this year
(07:43):
was exactly the same number ofhomes single family homes sold
this March versus last March.
So our market, again you got to.
You got to look at what thenational news is saying versus
what's happening locally andthat's where we can provide
local data, local information.
We can understand the nuancesof what's happening here locally
.
Again, you have all thesenational news sources and
(08:05):
they're saying the sky isfalling.
But what's really happening?
The market here in HendersonCounty is very strong.
It's very healthy.
I mean, currently there's only486 active single family homes
on the market, only 486 activesingle family homes on the
market.
And over the last 12 monthswe've been averaging 126 single
family homes a month selling.
That's actually we have.
We've been averaging 126single-family homes a month
selling that's actually we have,like I said, an uptick.
(08:28):
We've had an increase.
If you look at the rolling 12,this 12 versus the previous
rolling 12, there's been asignificant excuse me, a slight
increase in the number ofsingle-family homes sold.
But the 486 available, dividedby what we're averaging selling,
we still have less than afour-month supply of inventory.
(08:49):
The supply and demand is stillvery steady.
Technically, we're in a seller'smarket.
Now, even though you're in aseller's market, it doesn't mean
you can't expect priceadjustments.
People are still doing priceadjustments because they
overpriced their home.
People are still doing priceadjustments because they
overpriced their home.
So the average single-familyhome price in Henderson County
is at $542,500.
(09:11):
And that's come down.
It peaked out at one point at$551,000.
But the average single-familyhome price so far oh excuse me
over the last 12 months is at$542,000.
Now I've had people say well,what's happening in Buncombe
County?
You know so Henderson County isaveraging 126 single family
(09:32):
homes a month selling.
And again, curious people arecurious what's happening in
Buncombe County?
So 126 on average a month inHenderson County.
Well, buncombe County isaveraging 221, 222 single-family
homes a month selling inBuncombe County and they have a
larger population and so theyhave 949 active homes on the
(09:55):
market.
But if you divide it by thenumber of homes that they're
averaging, they have a 4.2-monthsupply.
We have a 3.8-month supply.
The other thing to acknowledgeis our average price in
Henderson County over the last12 months is at $542.
The average single-family homeprice in Buncombe County over
the last 12 months $676.
(10:17):
Almost $677.
Average single-family homeprice in Buncombe County over
the last 12 months $676.
Almost $677.
Okay, let's move over to ourneighbors in Transylvania County
.
What's happening inTransylvania County?
Their average price inTransylvania County is at $7.36.
(10:40):
Transylvania County is moreexpensive than Buncombe County
and Henderson County Almost$200,000 higher than Henderson
County.
That's the average.
Now there's also significantlyless homes moving in
Transylvania County.
They're only averaging 35 homesa month in Transylvania County.
(11:04):
The number of available homesin Transylvania county is at 194
.
So just a very different marketin transylvania county than
than uh henderson county andbuncombe county.
So even though there'ssignificantly less homes selling
uh only 35 a month, which issurprising you might find that
(11:24):
very surprising.
Number of uh homes sold overthe last 12 months is only 422.
35 homes a month selling inTransylvania County, only 194
available.
So they actually have a 5.5month supply.
But it's staggering to considerthe average price in
(11:44):
Transylvania County at $736,000.
There's been some significanthigh-priced homes sold there.
Actually over 20 homes over 2million sold in Transylvania
County, which is againproportionate to the number of
homes sold.
And, by the way, hendersonCounty we've only had six single
(12:09):
family homes sold over $2million.
So they have a higher.
They've had more homes in thatprice point sell than Henderson
County.
Now Buncombe County has hadalmost a hundred homes sell over
$2 million in Buncombe County.
Again, these markets.
Each county is different.
Every I mean there's so many,even though we're right next to
each other.
There's nuances for each county, different I mean there's so
many, even though we're rightnext to each other there's
(12:29):
nuances for each county.
There's differences.
Certainly, the prices are verydifferent.
The demand is very different.
The inventory is very different.
I mean to some degree.
Again, henderson County has a3.8 month supply.
Buncombe County has a 4.2 monthsupply.
Transylvania County has a5.5-month supply.
(12:49):
You know six months isconsidered a balanced market.
But you know, I dive into thesenumbers to say we know the
numbers, we study the numbers.
But your unique situation, yourunique home, you know again, do
you sell before you buy?
Do you buy before you sell?
You know what is right for you.
We can help you navigatethrough that and what it might
look like for you.
You might be surprised Again,these are on national, some
(13:13):
national numbers as to I meanwe've seen our prices keep going
up but the you know what yourhome is worth is has certainly
still increased, even thoughwe've had a slight, slight
decline in an average singlefamily home price.
Even though we've had a slight,slight decline in an average
single family home price.
But your wealth, a lot of itcomes from the equity you have
(13:33):
in your home.
You know, in a home, equity isthe difference between what your
home is worth and what youstill owe on your mortgage, and
so it grows over time as homevalues rise and as you pay down
your mortgage.
But I mean, for example, ifyour home's, you know, now worth
$500,000 and you have $200,000left to pay off in your mortgage
.
But I mean, for example, ifyour home's now worth $500,000
and you have $200,000 left topay off in your mortgage, that
means, very simply, you have$300,000 in equity.
(13:57):
So most homeowners are sittingon some pretty significant
equity.
Right now, the averagehomeowner with a mortgage in the
United States has $311,000 inequity.
That's on average, and so thatwe've just over the last this is
amazing Over the last fiveyears.
(14:17):
Nationwide we've seen a 57%increase in home prices over the
last five years.
Now each state's different.
North Carolina saw a 72%increase in the last five years.
Texas saw 50%.
(14:42):
We continue to see greatappreciation here, but this is
wild.
North Carolina saw 72% increaseof appreciation.
So again, the market locallyversus each of the different
states.
But if you purchased your homemore than a few years ago.
(15:03):
This means your home is worthsignificantly more than when you
first bought it and it justshows how much prices have
climbed.
Also, people are living intheir homes longer.
Data from the NationalAssociation of Realtors show
that the average homeowner staysin their home for about 10
years now, from 2009 to 2024,the tenure on average was 9.25
(15:27):
years.
This is wild.
From 1985 to 2008, the averagetenure was six years, so the
median tenure was you know itwas, excuse me, the tenure was
significantly, is significantly,higher since 2009,.
Almost 10 years, and so it'slonger than what it used to be.
(15:48):
It's over, it's almost a decade.
And so you've built equity justby making your mortgage payments
and riding the wave of risinghome prices.
So if you've been in your homefor a long time, you know you've
, you've accumulated significantappreciation just from price
appreciation.
So what can you do with that?
Well, if you've lived in yourhome two out of a five-year
(16:11):
period, if you're an individual,you do not pay capital gains
taxes on the first $250,000.
As a married couple, it's thefirst $500,000 of gains, and I'm
not talking about what you paidfor versus what your equity is.
I'm talking about, if you'vehad the gain the first $500,000
(16:34):
of gain as a married couple'stax-free you can sell your home
and put it in the bank.
You don't have to reinvest it.
You could also use it to buyyour next home.
You could use your equity torenovate your current home to
better suit your needs.
Maybe you want to use it toimprove the quality of your life
(16:56):
.
I mean, maybe you want to starta business you've always
dreamed of.
Equity could be used forstartup costs or equipment or
marketing again, which couldultimately increase your earning
potential.
So there's a lot of differentuses for the equity.
Or just keep doing what you'redoing and keep building up
equity in your home.
Again, the reality is yourhome's worth a lot more than you
(17:18):
realize, and whether you'rethinking about selling,
upgrading or simply want tounderstand your options, the
equity is not just a number,it's a tool.
So if you know, if you soldyour home and had significant
equity to work with, what wouldyou do with it?
And we'd certainly love tointerview for the job Again.
Do you sell to buy?
Do you buy to sell?
I mean like there's so manydifferent paths forward with
that, but we can provide clarityabout the local market and
(17:42):
about your situation.
Give us a call 828-393-0134,828-393-0134.
Find us online atrealestatebygregcom.
We podcast all of our radioshows.
By the way, we're here everyFriday morning at 845 sponsoring
the Hometown Heroes series.
Tomorrow morning we haveMargaret Nelson.
(18:03):
She's the operations andprocurement manager for the
children's service Department atWNC Source and her coworkers
tell us that she did so much tohelp a lot of people with just
remarkable work after Helene andduring the pandemic, and so
we're going to shine a light, aspotlight, on Ms Nelson, the
(18:23):
dedicated and procurementmanager at WNC Source.
Again, we're here every Fridaymorning sponsoring the Hometown
Hero Series.
We've had incredibleconversations.
You can go back and actuallylisten to some of our other
conversations that we've had andother hometown heroes and again
, amazing.
And if you know somebody that'smaking a difference in the
community, I mean somebody youwant to honor, somebody you want
to shine a light on we'd loveto have the conversation.
(18:46):
We've had many conversationsthroughout the years sponsoring
the program.
Another thing that's certainlyon topic that we hear all the
time is these mortgage rates arejust moving all over.
I mean, one day they're down alittle, the next day they're up
and of course, as a buyer you'vegot to decide when it's a good
time to buy or even if you'reunder contract, when do you lock
(19:07):
in.
And I know it can befrustrating and even confusing,
but there is some stability inthe market and in the sense of,
like you know, there's so mucheconomic changes and so the up
and down volatility is whatthey're, it's just expected, and
so you know one of the reasonswhy trying to time the market
(19:30):
isn't you can't time it, it'syou can't control what happens
with the mortgage rates and, andyou know, even with the
economic uncertainty there's,there's things you can do.
You can control your creditscore.
You can control your loan typeand even the loan term.
So that's why you still can getthe best rate possible in
today's market.
You know your credit scorereally affects the mortgage rate
(19:52):
that you qualify.
Even a small change in yourscore can make a big difference
in your monthly payment, and sokeeping your credit score again,
that's one of the things youcan control to get the best rate
possible.
Also, the loan types.
I mean different loan types areavailable and there different
requirements, and there's uniquerequirements for qualified
buyers and this is a recentquote from the Consumer
(20:14):
Financial Protection Bureau.
There are several broadcategories of mortgage loans,
such as conventional, fha, usdaand VA loans.
Lenders decide which productsto offer, and loan types have
different eligibilityrequirements, which products to
offer and loan types havedifferent eligibility
requirements, and this isinteresting.
Rates can be significantlydifferent depending on what type
of loan, what loan type, youchoose, and so talking to
(20:36):
lenders and understanding youroptions will help you better
understand all the optionsavailable.
So, again, we have wonderfulreal estate professionals that
we work with and recommend, andthey are able to provide clarity
for our buyers as they decide.
And again, a lot of our sellersare talking to our mortgage
lenders first, before they evenput their home on the market, to
(20:56):
understand, hey, what can Iqualify for?
And even though the rates arehigher, you can still get
something that works for you.
And then again, if and wheninterest rates go back down, but
what you qualify for nowcertainly is.
Well, this is something toconsider.
When interest rates were reallylow, yes, you got a great low
interest rates.
But when the market was socrazy, in some cases you might
(21:20):
see $50,000, $75,000, or$100,000 above asking price.
But how about now, where youcould get a?
You know, in some cases maybeyou get $100,000 off a price of
a home but you had to pay ahigher interest rate.
You know, would you rather have$100,000 off the price of a
home and have a higher interestrate or pay over $100,000, but
(21:43):
have that, you know, extremelylow interest rate?
Again, it's, you know those are.
It's just how you look at itand in your perspective.
I'm not saying getting ahundred thousand dollars off
your home, off a home price, issomething we're seeing every day
, but we are seeing sellerscertainly negotiate their prices
more than what we'd seen before, especially with the inventory
that we have.
So so buyers have more optionsright now than before, and so
(22:06):
it's not the crazy environmentthat we saw before All of this
to say you know, we take a verypersonalized approach to your
situation, your unique home,your unique situation, your
plans.
Are you selling to downsize orupsize?
Are you going to take advantageof to downsize or upsize?
(22:31):
Are you going to take advantageof?
You know the, the, theincreased inventory?
Do you wait?
I mean people.
You know what's the, what's thesaying Don't wait to buy real
estate.
You buy real estate and wait.
You know, because the thingabout homeownership is is the
home working for you?
Is this it.
Homeownership is a long gameand we know over time real
estate appreciates.
And so if you're waiting forthose interest rates to go down
(22:53):
and the interesting thing is, ifinterest rates go down, most
likely prices are going to go up.
The longer you wait sometimes,the more buying could cost you.
I mean they are saying I mean ineach quarter the housing market
experts weigh in for the homeprice expectation survey from
(23:15):
Fannie Mae and they consistentlyagree on one thing Nationally,
home prices are expected to risethrough at least 2029.
And so we've absolutely we'vegone past the sharp price
increases, but experts project asteady, healthy and sustainable
(23:36):
increase of 3% to 4% goingforward.
Of course, local markets,different states, the reason
prices go up is because ofsupply and demand.
We still have low inventorylevel here and we still have
strong demand.
Even though the demand's notwhat it used to be, it's still
healthy.
Like I said, henderson Countyis averaging 126 single-family
(23:58):
homes a month selling.
Buncombe County is averaging222 homes a month selling.
Transylvania County isaveraging 35 homes a month
selling.
You might say, well, 35 is notvery much, but guess what?
Transylvania County has lessthan 200 homes available.
You know they are anticipatingprices to keep going up.
So next year home prices willbe higher than this year.
(24:19):
So the longer you wait, themore the purchase price will go
up.
Now, that's an interestingconcept too.
If you're selling and buying inthe same market, well, it's a
wash.
I mean, you're selling in thesame market that you're buying
in, so you're trading the equitythat you have in your current
home and most likely, movinginto the home that meets your
needs better.
Also, if you're waiting for theperfect mortgage rate to happen
(24:42):
, it could backfire.
If rates dip slightly, theirprojected home price growth
could still make waiting moreexpensive, and if prices are
going to keep going up, thatmeans if you buy now, you're
going to build equity sooner.
Again, it's the long game.
It's the long game.
(25:03):
For example, let's just put somenumbers together, based on the
expert projections.
If you bought a typical$400,000 home in 2025, it could
gain nearly $80,000 in value by2030.
That's based on that three to4% annual appreciation almost
(25:27):
$80,000.
Conversely and again, that'sover five years Now I don't know
if you can find anything forthis years.
Now I don't know if you canfind anything for this, but
$1,500 a month in rent over thenext five years would be $90,000
that you paid in rent versus ifyou were to buy a home today.
And we have that three to 4%appreciation over the next five
(25:50):
years, it's an $80,000 gain.
It's almost a $170,000 swingbetween if you're renting and
owning.
And again, owning is right ifit's right for you.
Again, if you're staying in thearea, it's a long-term hold,
again, if you qualify for it,not waiting to buy.
(26:11):
And then, of course, so manypeople own their home here
locally.
We're helping them downsize,we're helping people move into
retirement communities.
We're helping people get closerto their grandkids.
There's certainly challenges intoday's market, but there's so
many ways to make it work.
And again, whether it'sdifferent neighborhoods or
looking to different financingoptions, or, again, do you buy
(26:34):
before you sell, we've helped somany people this year locate
the next home simultaneouslywhile walking through selling
their home.
It can be done.
And that's where having a realestate professional there to
walk alongside with you,navigating through the market,
navigating through the nuances,helping you negotiate, being an
advocate for you, we'd love tohelp advocate, we'd love to
(26:55):
facilitate your move, your nextmove.
So give us a call.
828-393-0134, 828-393-0134.
We are so passionate andenthusiastic about helping our
clients navigate through thehome buying and selling process.
You can call us directly.
You can find us online atrealestatebygregcom.
(27:16):
You can stop by our office at2720 Greenville Highway, there
on Rainbow Road, flat Rock,along our many friends there.
I joke, it's a dangerous placefor an office If you've not come
by the Flat Rock Bakery or thebarbecue Hubba Hubba Barbecue or
the amazing breakfast spotHubba Lou or Campfire Grill all
our great friends there.
But stop by or just call us.
(27:38):
And something I didn't touch onis we've been walking alongside
with our clients through theirinvestment properties and 1031
exchanges and tax strategieswith your real estate.
Or even you know what does itlook like to think strategically
with your estate and realestate and maybe giving to
charities with your real estate.
You know we can help younavigate through those things as
(27:58):
well.
So there's so many differentconversations that we're having.
Like I said, we're also growing.
We're hiring more agents.
There's so much opportunity.
We're so passionate abouthelping the community through
real estate.
You know, again, we'd love tohelp connect with you.
Give us a call 828-393-0134,828-393-0134.
(28:19):
Before wrapping up, we do have acouple open houses that I want
to share with you about.
We have an open house.
We have two open houses thisweekend.
Actually On Saturday.
We have an open house on WisdomCove, 73 Wisdom Cove Road in
Flat Rock.
This home also had a pricereduction it is now $750.
(28:40):
This home has been completelyupgraded and remodeled
Incredible custom kitchen,beautiful bathrooms, hardwood
floors.
73 Wisdom Cove Road in FlatRock is going to be open this
Saturday from 12 to 2.
And again with a new, improvedprice of $750.
Also, we have a new listing at1938 Upper Ridgewood Boulevard
(29:05):
in Flat Rock Only $350,000.
In Druid Hills.
This home was built in 2020.
That's going to be open thisSunday from 2 to 4.
Again, so we have some greatnew listings.
We have some great open housesthis Saturday from 12 to 2 on
Wisdom Cove and then Sunday atUpper Ridgewood Boulevard, both
of these homes.
You can find it on our Facebookpage and on our website,
(29:26):
realestatebygregcom.
We have some great listings.
We also have some listings andopen houses coming up May 4th as
well.
We're already planning aheadfor some listings that haven't
even hit the market yet, butwe're working diligently to get
them open.
We also have another open houseat Robert E Lee Drive, the home
19 Robert E Lee Drive, may 3rd,and again, two new listings
(29:47):
that we have that are alreadyhaving open houses planned for
May 4th.
Follow us on social mediaFacebook and Instagram and you
can find all the open housesthat we have planned.
But, again, grateful to be herewith you every Thursday morning
sharing with you positive newsabout your real estate market
and community.
Again tomorrow morning at 845,our Hometown Heroes series Be
sure to tune in Again, gratefulwe're here every Thursday.
(30:09):
Thank you so much for yoursupport.
Thank you so much for ourlisteners that call in Again.
It's amazing the calls that weget in each week from people
listening to the radio and we'reso thankful for the support.
We love helping our community,we love serving our neighbors
and I hope you have a great day,I hope you have a great week
and we'll see you tomorrowmorning.
(30:35):
There's a strange thing thathappens in life.
Sometimes, when things are justokay, we stay stuck longer than
we would if things were trulybad.
It's called the region betaparadox and explains why people
stay in homes that kind of workneighborhoods that used to be
okay, or rentals where the priceisn't too bad because it's
comfortable, but comfort cancost you your dreams.
Or rentals where the priceisn't too bad because it's
(30:56):
comfortable.
But comfort can cost you yourdreams.
What if you didn't wait forsomething to break before you
made a breakthrough?
What if the nudge you've beenwaiting for is now?
At the George Real Estate Group,we hear it all the time.
I'm so glad I did it while Icould.
The move, the decision, thechange, before it's too late.
(31:16):
Whether you need more space,less stress or just the decision
, the change, before it's toolate.
Whether you need more space,less stress or just a fresh
start, you don't have to staystuck, you don't have to settle
and you don't have to do italone.
Call the George Real EstateGroup at 828-393-0134.
Don't let just fine hold youback.
Let's make a move while youstill can.
Speaker 2 (31:35):
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 atgeorgerrealestategroupradiocom
for more information.
Good morning and welcome to theGeorge Real Estate Group live
(00:45):
radio broadcast here on WHKPevery Thursday morning, sharing
with you positive news aboutyour local real estate market
and community.
So grateful to be here with youon this rainy Thursday April
24th and, wow, time flies whileyou're having fun.
And so much to to be gratefulfor.
I mean, things are turninggreen, the mute, the?
(01:06):
Uh leaves are beautiful, thegrass is beautiful.
I mean this the water, the rainthat we've had, um, again, the,
the four distinct seasons thatwe experience here, uh, in
hendersonville and western northcarolina.
Again, one of the a lot of the,one of the reasons people love
moving here is the four distinctseasons, the, the mild climates
and the, the quality of life,uh, or some of the reasons
people love moving here is thefour distinct seasons, the, the
(01:27):
mild climates and the, thequality of life, uh, or some of
the main reasons.
I I heard north carolina was in2024, the, the second highest
net incoming migrated state inin the united states.
In 2024, which I'd heard it wasmoving up in the ranks, but the
it was the second highest netof increased population in the
(01:48):
United States in 2024.
And again, for all the reasonswe love to call this place home,
so many people are continuingto find that for so many reasons
quality of life, the lowertaxes, the location there's so
much climate there's.
There's again, so many reasonsthe, the more affordable home
prices, which, again, that'srelative, I understand that
(02:09):
compared to, maybe, wheresomeone's coming from.
But we're just grateful to behere with you on this thursday
morning.
We're live on whkp, we're goingto share some information about
what's going on in the localreal estate market and the
community.
And again, again, if you'recurious about the market, if
you're curious about your homeand what your home's worth in
the context of the real estatemarket, we will dive into that,
(02:32):
but of course, you can call usdirectly 828-393-0134,
828-393-0134.
Find us online atrealestatebygregcom.
We podcast all of our radioshows.
You can follow us on socialmedia Instagram and Facebook and
then you can see all of ouropen houses that we do.
We are frequent.
We are very committed to ouropen houses because they work.
(02:57):
We see so much activityhappening with our open houses
and you might find thatfascinating because of the
environment you hear andcertainly the news you hear
about the market, and we willjump into some of the news that
they just released this morningnationally and we'll see how our
numbers look compared to thenational numbers they released
(03:19):
for March 2025.
But before we do that, theGeorgia Real Estate Group we're
so grateful to serve thecommunity through real estate.
This is my 23rd my NorthCarolina broker's license.
We serve Western North Carolinaand Upstate South Carolina.
We have an incredible group ofagents and staff here to serve
you.
We're so enthusiastic.
We are passionate about helpingpeople with their real estate
(03:39):
needs.
We're also passionate about ourcommunity, making this
community a better place and, aswe saw through the hurricane
and even through the fires again, neighbors helping neighbors,
people stepping up and thenwithin our nonprofit community.
Just the amazing work beingdone, which was even more
highlighted during the recentlast six, seven months of what
(04:02):
our community has gone through,but the resilience that our
community has, the generositythat our community has.
What a place to call home and,again, grateful to serve the
community through real estate.
So we'd love to connect withyou.
Find us online atrealestatebygregcom.
Stop by our office there inFlat Rock.
We are on Rainbow Row and weserve, like I said, upstate
(04:22):
South Carolina.
We have agents that live inSouth Carolina and are South
Carolina real estate agents.
So we have agents that we canhelp you both in North and South
Carolina and we'd love toconnect with you.
Follow us on our podcast.
We podcast all of our radioshows.
I was doing some math.
I mean, this is my 20th yearwith my North Carolina broker's
license.
(04:43):
This year we passed over 1,500families served in my career,
also collectively at our GeorgeRoll State group.
We have over 100 years ofcombined experience and we're
growing.
We're still again.
You might find that interesting,the market being what it is.
We've helped more people thisyear than we did last year, and
that was true of the year before.
We just keep growing, even inthe market that we're in, and
(05:06):
the market's the market.
The interest rates are theinterest rates, the economy is
the economy.
But we know real estate happensaround life and life happens.
Therefore, real estate happens.
It could be a really positivereason why you're buying or
selling or it could be achallenging reason.
Whatever that might be, we'dlove to interview for the job
and have the conversation about.
You know what your goals are,what your dreams are, what the
(05:26):
market's doing.
You know what is your plans.
Do you want to sell before youbuy?
Do you want to buy before yousell?
We've helped so many peoplenavigate through that.
We also continue to seemultiple offers.
You know, in this market youmight find that fascinating, but
we do.
And guess what?
There's still a lot of.
You see a lot of price dropsbecause both things are
(05:48):
happening.
You can see homes that arepriced right they're getting
multiple offers and then you seehomes that have been on the
market.
They are not getting theactivity or the offers and
therefore there's an adjustment.
I mean, just in the last sevendays in Henderson County there's
been 47 new listings.
There's been 44 price drops.
There's been 40 homes go undercontract.
(06:12):
This is single family.
I'm not referencing land ortownhomes or condos.
I love looking at single familyhomes as the barometer in
Henderson County and thenthere's been 37 homes closed.
I mean talk about a balancedmarket there.
I mean just as many homes,almost as many homes, are going
under contract each week as theyare going on the market and
(06:33):
then as many homes are closing.
Now I was referencing the reportthat came out nationally.
Existing home sales fell almost6% 5.9% month over month to a
seasonally adjusted rate of 4.02million in March 2020.
Year over year, sales drew back2.4% and this is according to
(06:58):
the NAR chief economist,lawrence Young.
He said this home buying andselling remains sluggish in
March due to the affordabilitychallenges associated with
higher mortgage rates.
Residential housing mobilitycurrently at historic lows and
signals the troublesomepossibility of a less economic
(07:18):
mobility for society.
Again, this is now that'snationally.
That's nationally andspecifically Henderson County.
Well, we were actually on parIn.
The first quarter of HendersonCounty was up 7% in regards to
the number of homes sold thefirst quarter this year versus
the first quarter last year, andthe month of March this year
(07:43):
was exactly the same number ofhomes single family homes sold
this March versus last March.
So our market, again you got to.
You got to look at what thenational news is saying versus
what's happening locally andthat's where we can provide
local data, local information.
We can understand the nuancesof what's happening here locally
.
Again, you have all thesenational news sources and
(08:05):
they're saying the sky isfalling.
But what's really happening?
The market here in HendersonCounty is very strong.
It's very healthy.
I mean, currently there's only486 active single family homes
on the market, only 486 activesingle family homes on the
market.
And over the last 12 monthswe've been averaging 126 single
family homes a month selling.
That's actually we have.
We've been averaging 126single-family homes a month
selling that's actually we have,like I said, an uptick.
(08:28):
We've had an increase.
If you look at the rolling 12,this 12 versus the previous
rolling 12, there's been asignificant excuse me, a slight
increase in the number ofsingle-family homes sold.
But the 486 available, dividedby what we're averaging selling,
we still have less than afour-month supply of inventory.
(08:49):
The supply and demand is stillvery steady.
Technically, we're in a seller'smarket.
Now, even though you're in aseller's market, it doesn't mean
you can't expect priceadjustments.
People are still doing priceadjustments because they
overpriced their home.
People are still doing priceadjustments because they
overpriced their home.
So the average single-familyhome price in Henderson County
is at $542,500.
(09:11):
And that's come down.
It peaked out at one point at$551,000.
But the average single-familyhome price so far oh excuse me
over the last 12 months is at$542,000.
Now I've had people say well,what's happening in Buncombe
County?
You know so Henderson County isaveraging 126 single family
(09:32):
homes a month selling.
And again, curious people arecurious what's happening in
Buncombe County?
So 126 on average a month inHenderson County.
Well, buncombe County isaveraging 221, 222 single-family
homes a month selling inBuncombe County and they have a
larger population and so theyhave 949 active homes on the
(09:55):
market.
But if you divide it by thenumber of homes that they're
averaging, they have a 4.2-monthsupply.
We have a 3.8-month supply.
The other thing to acknowledgeis our average price in
Henderson County over the last12 months is at $542.
The average single-family homeprice in Buncombe County over
the last 12 months $676.
(10:17):
Almost $677.
Average single-family homeprice in Buncombe County over
the last 12 months $676.
Almost $677.
Okay, let's move over to ourneighbors in Transylvania County
.
What's happening inTransylvania County?
Their average price inTransylvania County is at $7.36.
(10:40):
Transylvania County is moreexpensive than Buncombe County
and Henderson County Almost$200,000 higher than Henderson
County.
That's the average.
Now there's also significantlyless homes moving in
Transylvania County.
They're only averaging 35 homesa month in Transylvania County.
(11:04):
The number of available homesin Transylvania county is at 194
.
So just a very different marketin transylvania county than
than uh henderson county andbuncombe county.
So even though there'ssignificantly less homes selling
uh only 35 a month, which issurprising you might find that
(11:24):
very surprising.
Number of uh homes sold overthe last 12 months is only 422.
35 homes a month selling inTransylvania County, only 194
available.
So they actually have a 5.5month supply.
But it's staggering to considerthe average price in
(11:44):
Transylvania County at $736,000.
There's been some significanthigh-priced homes sold there.
Actually over 20 homes over 2million sold in Transylvania
County, which is againproportionate to the number of
homes sold.
And, by the way, hendersonCounty we've only had six single
(12:09):
family homes sold over $2million.
So they have a higher.
They've had more homes in thatprice point sell than Henderson
County.
Now Buncombe County has hadalmost a hundred homes sell over
$2 million in Buncombe County.
Again, these markets.
Each county is different.
Every I mean there's so many,even though we're right next to
each other.
There's nuances for each county, different I mean there's so
many, even though we're rightnext to each other there's
(12:29):
nuances for each county.
There's differences.
Certainly, the prices are verydifferent.
The demand is very different.
The inventory is very different.
I mean to some degree.
Again, henderson County has a3.8 month supply.
Buncombe County has a 4.2 monthsupply.
Transylvania County has a5.5-month supply.
(12:49):
You know six months isconsidered a balanced market.
But you know, I dive into thesenumbers to say we know the
numbers, we study the numbers.
But your unique situation, yourunique home, you know again, do
you sell before you buy?
Do you buy before you sell?
You know what is right for you.
We can help you navigatethrough that and what it might
look like for you.
You might be surprised Again,these are on national, some
(13:13):
national numbers as to I meanwe've seen our prices keep going
up but the you know what yourhome is worth is has certainly
still increased, even thoughwe've had a slight, slight
decline in an average singlefamily home price.
Even though we've had a slight,slight decline in an average
single family home price.
But your wealth, a lot of itcomes from the equity you have
(13:33):
in your home.
You know, in a home, equity isthe difference between what your
home is worth and what youstill owe on your mortgage, and
so it grows over time as homevalues rise and as you pay down
your mortgage.
But I mean, for example, ifyour home's, you know, now worth
$500,000 and you have $200,000left to pay off in your mortgage
.
But I mean, for example, ifyour home's now worth $500,000
and you have $200,000 left topay off in your mortgage, that
means, very simply, you have$300,000 in equity.
(13:57):
So most homeowners are sittingon some pretty significant
equity.
Right now, the averagehomeowner with a mortgage in the
United States has $311,000 inequity.
That's on average, and so thatwe've just over the last this is
amazing Over the last fiveyears.
(14:17):
Nationwide we've seen a 57%increase in home prices over the
last five years.
Now each state's different.
North Carolina saw a 72%increase in the last five years.
Texas saw 50%.
(14:42):
We continue to see greatappreciation here, but this is
wild.
North Carolina saw 72% increaseof appreciation.
So again, the market locallyversus each of the different
states.
But if you purchased your homemore than a few years ago.
(15:03):
This means your home is worthsignificantly more than when you
first bought it and it justshows how much prices have
climbed.
Also, people are living intheir homes longer.
Data from the NationalAssociation of Realtors show
that the average homeowner staysin their home for about 10
years now, from 2009 to 2024,the tenure on average was 9.25
(15:27):
years.
This is wild.
From 1985 to 2008, the averagetenure was six years, so the
median tenure was you know itwas, excuse me, the tenure was
significantly, is significantly,higher since 2009,.
Almost 10 years, and so it'slonger than what it used to be.
(15:48):
It's over, it's almost a decade.
And so you've built equity justby making your mortgage payments
and riding the wave of risinghome prices.
So if you've been in your homefor a long time, you know you've
, you've accumulated significantappreciation just from price
appreciation.
So what can you do with that?
Well, if you've lived in yourhome two out of a five-year
(16:11):
period, if you're an individual,you do not pay capital gains
taxes on the first $250,000.
As a married couple, it's thefirst $500,000 of gains, and I'm
not talking about what you paidfor versus what your equity is.
I'm talking about, if you'vehad the gain the first $500,000
(16:34):
of gain as a married couple'stax-free you can sell your home
and put it in the bank.
You don't have to reinvest it.
You could also use it to buyyour next home.
You could use your equity torenovate your current home to
better suit your needs.
Maybe you want to use it toimprove the quality of your life
(16:56):
.
I mean, maybe you want to starta business you've always
dreamed of.
Equity could be used forstartup costs or equipment or
marketing again, which couldultimately increase your earning
potential.
So there's a lot of differentuses for the equity.
Or just keep doing what you'redoing and keep building up
equity in your home.
Again, the reality is yourhome's worth a lot more than you
(17:18):
realize, and whether you'rethinking about selling,
upgrading or simply want tounderstand your options, the
equity is not just a number,it's a tool.
So if you know, if you soldyour home and had significant
equity to work with, what wouldyou do with it?
And we'd certainly love tointerview for the job Again.
Do you sell to buy?
Do you buy to sell?
I mean like there's so manydifferent paths forward with
that, but we can provide clarityabout the local market and
(17:42):
about your situation.
Give us a call 828-393-0134,828-393-0134.
Find us online atrealestatebygregcom.
We podcast all of our radioshows.
By the way, we're here everyFriday morning at 845 sponsoring
the Hometown Heroes series.
Tomorrow morning we haveMargaret Nelson.
(18:03):
She's the operations andprocurement manager for the
children's service Department atWNC Source and her coworkers
tell us that she did so much tohelp a lot of people with just
remarkable work after Helene andduring the pandemic, and so
we're going to shine a light, aspotlight, on Ms Nelson, the
(18:23):
dedicated and procurementmanager at WNC Source.
Again, we're here every Fridaymorning sponsoring the Hometown
Hero Series.
We've had incredibleconversations.
You can go back and actuallylisten to some of our other
conversations that we've had andother hometown heroes and again
, amazing.
And if you know somebody that'smaking a difference in the
community, I mean somebody youwant to honor, somebody you want
to shine a light on we'd loveto have the conversation.
(18:46):
We've had many conversationsthroughout the years sponsoring
the program.
Another thing that's certainlyon topic that we hear all the
time is these mortgage rates arejust moving all over.
I mean, one day they're down alittle, the next day they're up
and of course, as a buyer you'vegot to decide when it's a good
time to buy or even if you'reunder contract, when do you lock
(19:07):
in.
And I know it can befrustrating and even confusing,
but there is some stability inthe market and in the sense of,
like you know, there's so mucheconomic changes and so the up
and down volatility is whatthey're, it's just expected, and
so you know one of the reasonswhy trying to time the market
(19:30):
isn't you can't time it, it'syou can't control what happens
with the mortgage rates and, andyou know, even with the
economic uncertainty there's,there's things you can do.
You can control your creditscore.
You can control your loan typeand even the loan term.
So that's why you still can getthe best rate possible in
today's market.
You know your credit scorereally affects the mortgage rate
(19:52):
that you qualify.
Even a small change in yourscore can make a big difference
in your monthly payment, and sokeeping your credit score again,
that's one of the things youcan control to get the best rate
possible.
Also, the loan types.
I mean different loan types areavailable and there different
requirements, and there's uniquerequirements for qualified
buyers and this is a recentquote from the Consumer
(20:14):
Financial Protection Bureau.
There are several broadcategories of mortgage loans,
such as conventional, fha, usdaand VA loans.
Lenders decide which productsto offer, and loan types have
different eligibilityrequirements, which products to
offer and loan types havedifferent eligibility
requirements, and this isinteresting.
Rates can be significantlydifferent depending on what type
of loan, what loan type, youchoose, and so talking to
(20:36):
lenders and understanding youroptions will help you better
understand all the optionsavailable.
So, again, we have wonderfulreal estate professionals that
we work with and recommend, andthey are able to provide clarity
for our buyers as they decide.
And again, a lot of our sellersare talking to our mortgage
lenders first, before they evenput their home on the market, to
(20:56):
understand, hey, what can Iqualify for?
And even though the rates arehigher, you can still get
something that works for you.
And then again, if and wheninterest rates go back down, but
what you qualify for nowcertainly is.
Well, this is something toconsider.
When interest rates were reallylow, yes, you got a great low
interest rates.
But when the market was socrazy, in some cases you might
(21:20):
see $50,000, $75,000, or$100,000 above asking price.
But how about now, where youcould get a?
You know, in some cases maybeyou get $100,000 off a price of
a home but you had to pay ahigher interest rate.
You know, would you rather have$100,000 off the price of a
home and have a higher interestrate or pay over $100,000, but
(21:43):
have that, you know, extremelylow interest rate?
Again, it's, you know those are.
It's just how you look at itand in your perspective.
I'm not saying getting ahundred thousand dollars off
your home, off a home price, issomething we're seeing every day
, but we are seeing sellerscertainly negotiate their prices
more than what we'd seen before, especially with the inventory
that we have.
So so buyers have more optionsright now than before, and so
(22:06):
it's not the crazy environmentthat we saw before All of this
to say you know, we take a verypersonalized approach to your
situation, your unique home,your unique situation, your
plans.
Are you selling to downsize orupsize?
Are you going to take advantageof to downsize or upsize?
(22:31):
Are you going to take advantageof?
You know the, the, theincreased inventory?
Do you wait?
I mean people.
You know what's the, what's thesaying Don't wait to buy real
estate.
You buy real estate and wait.
You know, because the thingabout homeownership is is the
home working for you?
Is this it.
Homeownership is a long gameand we know over time real
estate appreciates.
And so if you're waiting forthose interest rates to go down
(22:53):
and the interesting thing is, ifinterest rates go down, most
likely prices are going to go up.
The longer you wait sometimes,the more buying could cost you.
I mean they are saying I mean ineach quarter the housing market
experts weigh in for the homeprice expectation survey from
(23:15):
Fannie Mae and they consistentlyagree on one thing Nationally,
home prices are expected to risethrough at least 2029.
And so we've absolutely we'vegone past the sharp price
increases, but experts project asteady, healthy and sustainable
(23:36):
increase of 3% to 4% goingforward.
Of course, local markets,different states, the reason
prices go up is because ofsupply and demand.
We still have low inventorylevel here and we still have
strong demand.
Even though the demand's notwhat it used to be, it's still
healthy.
Like I said, henderson Countyis averaging 126 single-family
(23:58):
homes a month selling.
Buncombe County is averaging222 homes a month selling.
Transylvania County isaveraging 35 homes a month
selling.
You might say, well, 35 is notvery much, but guess what?
Transylvania County has lessthan 200 homes available.
You know they are anticipatingprices to keep going up.
So next year home prices willbe higher than this year.
(24:19):
So the longer you wait, themore the purchase price will go
up.
Now, that's an interestingconcept too.
If you're selling and buying inthe same market, well, it's a
wash.
I mean, you're selling in thesame market that you're buying
in, so you're trading the equitythat you have in your current
home and most likely, movinginto the home that meets your
needs better.
Also, if you're waiting for theperfect mortgage rate to happen
(24:42):
, it could backfire.
If rates dip slightly, theirprojected home price growth
could still make waiting moreexpensive, and if prices are
going to keep going up, thatmeans if you buy now, you're
going to build equity sooner.
Again, it's the long game.
It's the long game.
(25:03):
For example, let's just put somenumbers together, based on the
expert projections.
If you bought a typical$400,000 home in 2025, it could
gain nearly $80,000 in value by2030.
That's based on that three to4% annual appreciation almost
(25:27):
$80,000.
Conversely and again, that'sover five years Now I don't know
if you can find anything forthis years.
Now I don't know if you canfind anything for this, but
$1,500 a month in rent over thenext five years would be $90,000
that you paid in rent versus ifyou were to buy a home today.
And we have that three to 4%appreciation over the next five
(25:50):
years, it's an $80,000 gain.
It's almost a $170,000 swingbetween if you're renting and
owning.
And again, owning is right ifit's right for you.
Again, if you're staying in thearea, it's a long-term hold,
again, if you qualify for it,not waiting to buy.
(26:11):
And then, of course, so manypeople own their home here
locally.
We're helping them downsize,we're helping people move into
retirement communities.
We're helping people get closerto their grandkids.
There's certainly challenges intoday's market, but there's so
many ways to make it work.
And again, whether it'sdifferent neighborhoods or
looking to different financingoptions, or, again, do you buy
(26:34):
before you sell, we've helped somany people this year locate
the next home simultaneouslywhile walking through selling
their home.
It can be done.
And that's where having a realestate professional there to
walk alongside with you,navigating through the market,
navigating through the nuances,helping you negotiate, being an
advocate for you, we'd love tohelp advocate, we'd love to
(26:55):
facilitate your move, your nextmove.
So give us a call.
828-393-0134, 828-393-0134.
We are so passionate andenthusiastic about helping our
clients navigate through thehome buying and selling process.
You can call us directly.
You can find us online atrealestatebygregcom.
(27:16):
You can stop by our office at2720 Greenville Highway, there
on Rainbow Road, flat Rock,along our many friends there.
I joke, it's a dangerous placefor an office If you've not come
by the Flat Rock Bakery or thebarbecue Hubba Hubba Barbecue or
the amazing breakfast spotHubba Lou or Campfire Grill all
our great friends there.
But stop by or just call us.
(27:38):
And something I didn't touch onis we've been walking alongside
with our clients through theirinvestment properties and 1031
exchanges and tax strategieswith your real estate.
Or even you know what does itlook like to think strategically
with your estate and realestate and maybe giving to
charities with your real estate.
You know we can help younavigate through those things as
(27:58):
well.
So there's so many differentconversations that we're having.
Like I said, we're also growing.
We're hiring more agents.
There's so much opportunity.
We're so passionate abouthelping the community through
real estate.
You know, again, we'd love tohelp connect with you.
Give us a call 828-393-0134,828-393-0134.
(28:19):
Before wrapping up, we do have acouple open houses that I want
to share with you about.
We have an open house.
We have two open houses thisweekend.
Actually On Saturday.
We have an open house on WisdomCove, 73 Wisdom Cove Road in
Flat Rock.
This home also had a pricereduction it is now $750.
(28:40):
This home has been completelyupgraded and remodeled
Incredible custom kitchen,beautiful bathrooms, hardwood
floors.
73 Wisdom Cove Road in FlatRock is going to be open this
Saturday from 12 to 2.
And again with a new, improvedprice of $750.
Also, we have a new listing at1938 Upper Ridgewood Boulevard
(29:05):
in Flat Rock Only $350,000.
In Druid Hills.
This home was built in 2020.
That's going to be open thisSunday from 2 to 4.
Again, so we have some greatnew listings.
We have some great open housesthis Saturday from 12 to 2 on
Wisdom Cove and then Sunday atUpper Ridgewood Boulevard, both
of these homes.
You can find it on our Facebookpage and on our website,
(29:26):
realestatebygregcom.
We have some great listings.
We also have some listings andopen houses coming up May 4th as
well.
We're already planning aheadfor some listings that haven't
even hit the market yet, butwe're working diligently to get
them open.
We also have another open houseat Robert E Lee Drive, the home
19 Robert E Lee Drive, may 3rd,and again, two new listings
(29:47):
that we have that are alreadyhaving open houses planned for
May 4th.
Follow us on social mediaFacebook and Instagram and you
can find all the open housesthat we have planned.
But, again, grateful to be herewith you every Thursday morning
sharing with you positive newsabout your real estate market
and community.
Again tomorrow morning at 845,our Hometown Heroes series Be
sure to tune in Again, gratefulwe're here every Thursday.
(30:09):
Thank you so much for yoursupport.
Thank you so much for ourlisteners that call in Again.
It's amazing the calls that weget in each week from people
listening to the radio and we'reso thankful for the support.
We love helping our community,we love serving our neighbors
and I hope you have a great day,I hope you have a great week
and we'll see you tomorrowmorning.
(30:35):
There's a strange thing thathappens in life.
Sometimes, when things are justokay, we stay stuck longer than
we would if things were trulybad.
It's called the region betaparadox and explains why people
stay in homes that kind of workneighborhoods that used to be
okay, or rentals where the priceisn't too bad because it's
comfortable, but comfort cancost you your dreams.
Or rentals where the priceisn't too bad because it's
(30:56):
comfortable.
But comfort can cost you yourdreams.
What if you didn't wait forsomething to break before you
made a breakthrough?
What if the nudge you've beenwaiting for is now?
At the George Real Estate Group,we hear it all the time.
I'm so glad I did it while Icould.
The move, the decision, thechange, before it's too late.
(31:16):
Whether you need more space,less stress or just the decision
, the change, before it's toolate.
Whether you need more space,less stress or just a fresh
start, you don't have to staystuck, you don't have to settle
and you don't have to do italone.
Call the George Real EstateGroup at 828-393-0134.
Don't let just fine hold youback.
Let's make a move while youstill can.
Speaker 2 (31:35):
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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