As we say goodbye to the Fourth of July and the brilliance of the fireworks that lit up our town brokers are asking, “Who let the buyers out?” And for real estate in Highlands and Cashiers that is a great thing and a great question! Traffic “jams” on Main Street with car tags from many states are a daily ritual.
Sales this year are already up 30% compared to the same time last year.
Buyers are in a shopping mood! Research by Barclays found that 57% of the wealthiest want to increase their residential property portfolio in 2018. What better place to invest and own property than the Highlands/Cashiers Plateau! We have seen an increase in buyers looking for rental homes to put on VRBO or Airbnb.
If, on the other hand, you are a seller, I can’t stress enough that your home must be well- maintained and have excellent curb appeal. The potential buyer knows within 8 seconds if they are interested in your house according to statistics! The price must be seen as a true value because the competition is so great with over 1300 homes for sale in Highlands and Cashiers! If you have had over 8 showings without an offer stats show you are over-priced. If you’ve been listed over 90 days with only a few or no showings it is time to lower your price to stimulate interest. I suggest you have a home inspection yourself and do repairs to offset buyers using their own inspection to negotiate much lower because it “needs work.” We can show you comparable homes in your price range as listings have been added since yours went on the market.
We, as brokers, are so glad that this year we have seen a change to serious buyers who understand the value of buying in Highlands. It is on Barron’s list and ranked #12 in the country as the BEST place to invest in a second home!! Or move on up and join us as a full time resident. We would love to welcome you as part of our great “hometown” community that I refer to as our little “Hallmark town”. With magnificent scenery, award winning restaurants, fabulous boutique shopping, a great playhouse and performing arts center, and an unrivaled fine arts center, there is never a dull moment! Come experience our town…come experience a piece of heaven on earth.