Rays Of Sunlight

After months of "doom and gloom" reporting by the media, the overall real estate market appears to be basking in some encouraging rays of sunlight:

- Existing home sales surged 7% in July, posting the largest monthly increase in 10 years. July results represented the fourth straight monthly increase and the highest level of sales since August, 2007.

- Sales of newly built homes rose for a fourth straight month in July to set their fastest pace since last September, while the inventory of unsold homes fell to the lowest level in 16 years. The sales number also represented the biggest monthly percentage gain since February, 2005.

- The National Association of Realtors reported U.S. home prices posted a gain in the second quarter of 2009.

Here at Balsam Mountain Preserve, we are actually ahead of last year's sales pace, with 21 agreements consumated in the first eight months of this year. In fact, just in the past thirty days, we have welcomed families from Atlanta, Raleigh, Columbia, Shreveport, and Houston to the ever-growing Balsam family.

Why is Balsam growing its owner family at a time when other communities in Western North Carolina are searching to find their way? According to Gregg Logan, Managing Director of RCLCO, "families entering the market today are primarily seeking convenience, active lifestyles, and social interaction. They want more than just golf courses and clubhouses; they are looking for communities that make it easy for them to shop, make new friends, pursue continuing educational opportunities, and engage in active lifestyles".

If you've had the pleasure of visiting Balsam, you know that our community satisfies every one of these desires. In addition, as today's buyers look to purchase or build smaller homes that are more in line with their actual needs, the fact that Balsam has no minimum square footage requirement is also perfectly aligned with the new reality.

Restored confidence along with unprecedented purchase incentives make this one of the most historic times ever to purchase property in the mountains. Other families are making an intelligent decision to take advantage of this opportunity, so if you've been thinking and dreaming about the right time to get involved, your time has come, and you won't be jumping into the pond alone. In fact, you'll be in very smart company. Call us at 866-452-3456 or click here to request more information, and we'll help you put your dreams into motion.