Chip Craig, Greybeard Realty founder, studies the Black Mountain market regularly. In a recent Asheville-Citizens Times article, he notes that the return of positive numbers in the local market is not surprising to him. "It was growing a lot before this downturn," he said. "We were one of the last areas to feel it, so it makes sense we'd be one of the first areas to improve," said Craig.
In addition, Buncumbe County continues to show positive signs of real estate growth. Another piece in the Citizens Times attributes the growth to new buyers and price shifts. Be sure to read the particulars of this article for more insight into the steadily improving market.
From the previously mentioned articles, it appears the numbers indicate that the local real estate market is headed toward more steady growth. As other areas of the country improve, and more people can sell their existing homes in those areas, expect to see even more people coming to Black Mountain to enjoy what the area has to offer.