When folks say "Nothing is Selling", it simply is not true. Franklin and Otto, NC home sales are on the upswing. 331 homes were sold in our market in 2011 as compared to 297 in 2010 for an 11% increase! The average selling price is $127,422.
With interest rates currently hovering around 4% for a 30 year fixed conventional mortage and 3.25% for a 15 year fixed rate, home ownership is more affordable than ever. The large inventory in our area and quality of life makes this a haven for retirees and first time home buyers.
Franklin and Otto NC are centrally located in the gorgeous mountains of Western North Carolina. Asheville, NC is only an hour away, Harrah's Casino in Cherokee, NC less than an hour and a short 2 hour drive will get you to Altanta, GA.
Walmart is building a Super Walmart in Franklin that will be open September of 2012. It's pretty obvious that Walmart believes in this area as they are investing millions of dollars on this huge super store.
Love the outdoors? 51% of Macon County is United State Forest Land. Come and see for yourself. You'll love our hospitality and unending things to do.
Otto and Franklin, NC Real Estate Solutions - Kathy Clifton Broker I am a Broker with Keller Williams Realty specializing in Real Estate for Franklin and Otto, NC. For more information call 828-226-1074