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NOTE:
Each issue of
LAND RUSH OnLine will bring
you closer and closer to a thorough understanding of owning
mountain land - to a comfort level which can make your mountain
land dreams come true.
LAND
BUY OF THE MONTH!
MAJOR
PRICE REDUCTION!
on 85.3 Acres
in
Wilkes County, NC
Just off Blue Ridge Parkway!
Was $629,000
Now only $545,000!
Learn
More!
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THIS
MONTH'S TOPIC:
"So
. . .
How's this economy working out for you?"
The past 24 months have
been a doozy! In the land business,
2007 began with increasing prices – that only went higher
as the year passed. By the end of 2007, the stock market
was unstable, and gas prices shot up as 2008 began. Jobs
were lost, and consumers scaled back their spending.
If you’re over 40, you’re also probably aware
that our economy runs in cycles – expansion, prosperity,
recession, depression. You may have already experienced
several recessionary periods. They’re not fun to
experience, but they do present opportunities not available
during more prosperous times.
If you find, despite
the general downturn in business activity, that you have
fared well financially over the past several years, be aware
that this is the time to seek out opportunities in real estate.
Having experienced 5 recessions in real estate myself, it
is clear to me that there is no better time to buy land.
Consider the possibilities. In early January, one of
our sellers reduced her price on 101 acres from $1,210,000
to $399,000. We broadcasted the price reduction to over
1800 prospective buyers. Six called, and two of them asked
to see the property immediately. Both made cash offers
on the spot, and one bought it within 24 hours.
Because we provide accurate
market information and advice to our sellers, Mountain Land
Company consistently offers large land tracts at prices well
below the average of all other companies. As
of December 18, the average asking price in Wilkes County was
$7,169 per acre for parcels over 50 acres. At the same
time, the average asking price for properties listed with Mountain
Land Company was $4,828/acre – a full 33% below the rest
of the market. While the average asking price for large
tracts in Ashe, Avery, Watauga and Wilkes was $15,393/acre,
Mountain Land Company averaged just $7,216/acre – 53.2%
lower than the rest of the market.
Opportunity is knocking – but it won’t last forever! Knock
on our door soon to learn more. Make your dollars grow
in the new economy – buy land – and do it now! Paul Christian Breden
Managing Broker/Owner
800-849-9225
Email Paul
The purpose of Land Rush is to educate
and inform you in such a way that, once you arrive here
in the mountains, you'll be prepared to make your purchase.
If you haven't already, please – before you come
- take time to download our buyer's guide – “Carolina
Dreaming” - from our website. It's short, easy to
read, and will provide you with the basic information needed
to make your trip a roaring success. For your free copy,
go to:
www.ncmountainland.net/Profile/profile.html
ARCHIVE:
CLICK HERE
BUYERS CHECKLIST:
CLICK HERE
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