Asheville real estate against a gloomy economy
Filed Under (Real Estate and Properties) by admin on 16-10-2008
If there is one positive note about all the economic woes, it would be Asheville real estate. This bustling city in Buncombe County, voted as one of the top ten places to live in America has seen a steady growth in real estate business for the past four years. As an example, the median home value in Asheville has been on a steady rise since 2004 from $134,000 to $216,000 in January of 2008 and is continuing to rise.
The housing sector is experiencing the most amount of growth and in general, Asheville gated community is only at the foothold of an economic peak. For one, there is still a lot of prime real estate areas waiting to be tapped which means more room for business opportunities.
With a cost of living index below the national standard and a population growth of only 3.7%, the Asheville real estate business is in for a bright future.
