The affordable housing crisis in Western North Carolina isn’t anything new, but it is entering a dangerous new phase due to ever-increasing home values, limited supply and a red-hot real estate market that has refused to use the Coronavirus Pandemic as an excuse to cool down.

The housing bubble was finally bursting in 2008 as the Great Recession became the new reality in Western North Carolina and throughout the nation. 

When Tammy and I met almost exactly 15 years ago, there were a few adjustments we had to make, like most couples. She almost fainted when she discovered that there were entire walls in my house covered from floor to ceiling with compact discs and record albums. I could sense that she felt that my décor — “college boy with slightly more disposable income” — left something to be desired.

The climate and topography of Haywood County make it a place that people want to live.

Within the residential real estate industry lies an interesting contradiction. 

SEE ALSO:
• Haywood housing demand is high but inventory is low
• Macon making sustainable growth in real estate market
• Real estate rebounding in Jackson
• Mountain cabins in high demand in Swain

Brian Cagle is vice president and managing broker at Beverly-Hanks in Waynesville. Beverly Hanks doesn’t sell real estate, however; Beverly-Hanks sells a lifestyle.

It hasn’t been a quick or easy recovery, but Macon County real estate is back on the rise and Realtors see that trend continuing into 2017.

With the recession nearly a decade in the rearview mirror, the real estate market is once more robust in Jackson County — especially in the southern end of the county around Cashiers.

Sherry and Gary Patterson vacationed in Bryson City for the first time about 20 years ago and now they can’t get enough of it.

After years of a sluggish real estate recovery, the home market in Haywood County is on a noticeable upward swing. Houses are selling quicker, the inventory glut is finally shrinking and home prices are inching upward again. Second-home buyers and retirees are returning, and overflow from the red-hot Asheville real estate market is leading younger buyers to Haywood’s doorstep to boot.