A good post here at AshevilleRealEstate.net that looks at the current state of the real estate market:
Tom Veidt at the Asheville Chamber of Commerce knows his stuff, and he was interviewed recently for a story on November home sales that ran in the Asheville Citizen Times. It’s worth reading alongside Don Davies November Asheville market reports. The two sources, taken together, show that the Asheville real estate market is holding up better than some expected, particularly at the lower end ($285,000 and below). They also show that the market slowdown has reached painful levels of inventory at the high end.