May 2017 Cielo eNews

It feels like the carousel is coming to town.  After twelve years with no fresh air to bump up our real estate prices, we’re starting to feel a nice lofty breeze.  We real estate enthusiasts – like meteorologists –  have been tracking the offshore currents swirling around us since 2013.  Asheville has traffic jams, Hendersonville’s not cheap anymore, and it’s just too nice here for us to be so close to the center of all the action and stll stay under the radar.  So it’s happening.  We’re becoming visible.

re-imagine w gill banner

Tryon International Equestrian Center (TIEC) has put us on the map in a new way, boosting the perfect storm of demographics, weather, and lifestyle already blowing in people of all ages looking for a sweeter lifestyle.

On top of the inevitable return of a good market, we’re all bracing for whatever jolt the World Equestrian Games wil bring in only 17 months.  Over 100,000 people are expected to attend and there is no way all of our current (and planned) hotels and rental housing will be enough.

Our phones have started to ring.  Buyers are interested and renters are inquiring.  It’s a great time to think about getting your house on the market.  Today, the National Association of Realtors released data showing that what we’ve experienced in the Tryon area actually is a significant piece of the housing market.  Activity all over the US is at its highest pace in ten years, and as we anticipated, we are in the sweet spot.  The South leads all other regions of the U.S. in activity, with the highest percentage of all national sales –  42.4 percent!  Our prices have jumped by 8.6% – higher than all other regions.

Interesting note on inventory numbers:  The number of homes for sale is down 7 percent from a year ago (it feels like more to me).  The math is significant –  this lack of inventory has been compounding for almost 2 years, which means the average time from listing to sold is way down.  But details matter, and that’s why having a good realtor to make it all happen is so important.

Join me on Mondays from 1-3 pm for tea & chocolates by Julia’s Carolina Confections at Drummond House Design Nook, 17 South Trade Street downtown for casual conversation about how to take advantage of these trends.

This all means it’s a great time to sell, and buy.  My advice is – get good advice. 

I’m always happy to hear from you.

Lynne

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About Lynne Perlmutter

Lynne practically grew up in Pisgah Forest, even though she was born and raised in Miami. She finally moved to NC full time with her young family so they could know that indescribable feeling you get sitting on a big rock in the middle of a gently rushing river in the deep woods. Little by little she worked her way back to the woods via Charlotte and towards Tryon thru Bright’s Creek in nearby Mill Spring. With Tryon Equestrian Center coming to town, she knew now was the time to start an office. She is Managing Broker of Cielo Real Estate in LOVELY downtown Tryon. Together with the rest of Cielo's founding brokers and agents, she is introducing a fresh, technologically savvy and world class marketing experience to this very beautiful, quiet corner of the world. Lynne was educated at the prestigious Ransom Everglades School in Coconut Grove, Florida. She attended Vanderbilt University, University of Paris, Sorbonne, and graduated with a BA from The University of Florida. She began her career assistant producing TV commercials, then started the Financial Public Relations division of a boutique investment banking firm in Miami. In 1990, she co-founded Miami O Guia, the first glossy full sized up market guide to Miami, written in Portuguese, specifically targeted to the then surging influx of wealthy Brazilian visitors. In 2000, she started her career in real estate as a residential appraiser then as an agent at EWM Realty in Miami. Her family re-located to Charlotte in 2007, and during the market downturn she worked in residential sales, helping investors build rental portfolios. As the market started to recover, she became more interested in second home and vacation home properties in the western NC mountains. This niche market has proven to be a treasure trove of undervalued properties which have yet to recover to pre-bubble prices. Below market values, a temperate climate, dream location, a surge in the number of empty nesters and retires looking to make their next move, and the sudden global recognition from Tryon Equestrian Center, makes Tyron the place to be. Charities: Yeti Robotics, Jazz Arts Initiative, Bruce Irons Camp Fund, Habitat for Humanity - Charlotte, Eagles Nest Foundation, Shake-A-Leg Miami. Experience: Filmworks Miami, WLRN-TV - Miami Miami O-Guia, South Florid Appraisal Services, EWM Realtors - Miami, Helen Adams Realty-Charlotte, NC

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