Tuesday, March 2, 2010

Asheville Citizen-Times Reports that County Housing Market is Upbeat

ASHEVILLE, Feb. 28, 2010 Jenny Street put her two-bedroom, one-bath home in West Asheville on the market with the usual worry — that it would linger there for months.
Ten days later, she had it under contract for about $120,000, a testament to a housing market in Buncombe County that is again showing signs of life.
“That's pretty affordable for people who are starting out versus some of the really fancy homes out there,” she said. “You can ask for more, but it's going to be on the market a lot longer.”
Sales of less-expensive homes like Street's, put under contract last week, have been the driving force behind a turnaround that started in the fall, a Citizen-Times analysis of Buncombe County government tax data indicates. More

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