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Archive for October, 2006

Black Mountain Market Continues to grow Despite National Reports

Saturday, October 7th, 2006

Recent national headlines have announced the demise of the once-booming housing market across the country. Publications including The New York Times and USA Today have carried articles such as “Housing Market Slumping” and “Existing Home Sales Decreasing with Softening Prices.” An October 11, 2006 article from the National Association of Realtors website states that “existing home sales for all of 2006 are expected to drop 8.9%.” In addition, an informal survey within town of local vacationers has them reporting their home real estate markets, particularly in Florida, are very soft this year. (more…)

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