Real Estate Investors, Retirees Set Sight on Appalachian Region
Murphy, NC (PRWeb) January 24, 2007 -- As the housing and real estate markets continue to abate in many metropolitan regions, investors and home buyers are now focusing their attention on more affordable areas with greater appreciation potential. One such region, in the Appalachians of Western North Carolina, has seen steady demand from baby boomers, retirees and property investors in recent years.
"More and more potential buyers are fed up with big city life and looking to get out," said Dex Hubbard, broker and co-owner of Hubbard Land Company, a real estate firm located in Murphy, North Carolina.
"There's more bang for the buck out here and it's an opportunity to invest in one of the most beautiful areas of the country," he added.
Additionally, there are some indications retirees are beginning to shy away from traditional haven states such as Arizona and Florida. Hurricanes, soaring insurance premiums and rising tax bills have many potential Floridians considering alternatives such as Western North Carolina.
There has also been an increasing trend of southern residents who are migrating to the Carolinas for their golden years. Commonly referred to as "halfbacks," they move down to Florida from the North, then move halfway back later in life.
"People are attracted to the Appalachian foothills because the views are breathtaking and it's like being on a permanent vacation," contends David Hubbard, broker and co-owner of the company.
He added, "We're seeing interest from investors who realize the potential of this area as well as late boomers and retirees who want to call this place home."
Statistics are proving the influx of residents to North Carolina may be more than a passing phase. According to the U.S. Census Bureau, the state saw an increase in population by 6.1% between 2000 and 2004, ranking ninth nationwide.
According to Hubbard Land Company, the growth is attributed to the transformation of the region in recent years.
"Things are much more upscale and sophisticated than they were in the past. People are learning this area is no longer the backwoods," said Dex Hubbard.
As an example, Hubbard cites a new, upscale subdivision called Grandview Falls, which includes breathtaking, long-range views and Bear Paw Views, a stylish mountain community located in the region.
More information can be found at www.hubbardlandcompany.com or by calling 866-226-9417.
# # #
This press release has been reprinted from PRWEB per the terms and conditions of the copyright notice.
|
|
 |
 |
Stewart Title & Pride Lending are bringing the Luxury Homes Designation Program to Golden, Colorado
Local Realtors Affiliates have agreed to host the Accredited Luxury Home Specialist (ALHS) program, a designation distributed by REALTYU the largest network of real estate educators in the nation. The program will be delivered on February 6 & 7, 2008. at the 16682 W. 48th Lane, Golden, CO 80401.
Miami Luxury Homes Still a Desirable Hotspot
Miami is always been known to be one of the best place to have a luxury home, if you ask why? There are many answers to that, its location is exquisite and the place offers so much, with the beaches the sunsets the great views its just compelling, itll be the # 1 spot for more desirable place to live in the state of Florida, the luxury home market there excels in a greater rate. They have the Fisher Island in which is a luxury residential in a man-made island, now there it cant get no better than that. The weather is just great and the people are just one of a kind. The attitude in Miami is very pleasant too. As we all know Miami is a sports city, we have the Miami Heat for basketball and the Miami Dolphins for American Football so you k...
Colorado Real Estate Developer Introduces Mountain Estates Luxury Homes
KST Construction, a Colorado-based real estate developer, announces Mountain Estates branded homes for sale in The Fairways at Pole Creek, a premier mountain community built around an award-winning golf course in Fraser Valley near Winter Park, CO. Mountain Estates offers buyers luxury custom homes on two-acre sites with a menu of convenient floor plan options, elevations, amenities, and golf or mountain views.
East Metro Association of REALTORS to Host Luxury Homes Designation Program
Local Realtors have agreed to host the Accredited Luxury Home Specialist (ALHS) program, a designation distributed by REALTYU the largest network of real estate educators in the nation. The program will be delivered on March 17 and 18, 2008 at the Four Points Sheraton 1919 NE. 181St, Portland, OR 97230.
In Upper Marlboro Real Estate, Beechtree Is In Demand Thanks to Luxury Homes, Resort Amenities and All That Jazz
Despite what the national headlines read, homes in the Washington region's most desirable communities are still in demand. Situated in a tranquil, park-like setting bordered by hundreds of acres of mature trees, Beechtree is one of the Washington region's most prestigious communities.
Corona Norco Board of REALTORS® to Host Luxury Homes Designation Program
Local REALTORS® have agreed to host the Accredited Luxury Home Specialist (ALHS) program, a designation distributed by REALTYU the largest network of real estate educators in the nation. The program will be delivered on January 16 - 17, 2008 at the Corona Norco Board of REALTORS® office.
Indigo Ridge at Lake Powell to Bring Luxury Homes to Tourist Destination
Construction on Indigo Ridge at Lake Powell, a beautifully-designed master-planned residential community being built on the edge of Lake Powell, has commenced with model homes planned for this summer. Indigo Ridge at Lake Powell is a master-planned residential community overlooking Lake Powell on the border between Utah and Arizona. The development includes town homes and custom homes ranging from 1,400 to more than 3,000 square feet built in a contemporary Southwest, village-like setting.
Ojai Valley Board of REALTORS® to Host Luxury Homes Designation Program
Local Realtors have agreed to host the Accredited Luxury Home Specialist (ALHS) program, a designation distributed by REALTYU the largest network of real estate educators in the nation. The program will be delivered on April 9 & 10, 2008 at the Boards office located at 338 E. Ojai Ave, Ojai, CA 93023.
Floor Ideas For Luxury Homes
Sometimes you have to choose the flooring for a home before the home is decorated: how to go about this. Choosing different kinds of flooring to go with your decor.
Tacoma-Pierce County Associations of REALTORS to Host Luxury Homes Designation Program
Local Realtors have agreed to host the Accredited Luxury Home Specialist (ALHS) program, a designation distributed by REALTYU the largest network of real estate educators in the nation. The program will be delivered on March 4 & 5, 2008 at the Tacoma-Pierce County Association of REALTORS 2550 S. Yakima Ave, Suite C. Tacoma, WA 98405.
|
 |
|
