Are you wondering if the idea of purchasing investment realty is a good idea? You may not be alone. Property is one of the largest asset classes and probably one of the most predictable. Folks who have been investing in the Ashe County area have found that they experience low inconsistencies and steady return over time.
Because of the fact that the value of property rarely goes to zero, investment property is a safe way to invest your capital. One factor you may have to deal with is natural disasters that may come along and destroy your property, but under normal circumstances your property value should remain constant. Consider after the stock market crashed in 2008 and prices fell approximately 25% and banks were foreclosing on many properties. If you were able to hold out and maintain your property, prices eventually made a come back. We are now entering a similar time when markets are unstable and land prices remain steady. It’s a great time to invest in real estate after interest rates were just cut.
While the entire state of North Carolina is quickly becoming an attractive place to invest in the real estate market, there are specific areas that stand out the most. One of those places being Ashe County. This county is full of small towns that take you back in time to when things were a little simpler.