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Murphy NC 28906 - A growing community with small town charm

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Murphy Real Estate

Ask questions or share information about real estate in Murphy.

Location: Murphy, NC
Members: 7
Latest Activity: Jan 4

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Discussion Forum

Carol D. Robinson

Reply to John Daly 2 Replies

Started by Carol D. Robinson. Last reply by Carol D. Robinson Jan 4.

John Dilbeck

Is now the time to invest in real estate in Murphy?

Started by John Dilbeck Feb. 28, 2009.

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Frank Daly Comment by Frank Daly on January 3, 2010 at 9:08pm
Thanks so much Kelly... Happy New Year!
Kelly Stewart Comment by Kelly Stewart on January 3, 2010 at 9:01pm
I would keep your cabin updated only. However, if you are going to wait at least 3 years to move then take your time to just drywall the basement and put in flooring. Have it plumbed and wired too. It is not going to do any any good in this market, but the next few years it should be worth it. Cabin with a 2/1 are selling well at around the 100K mark right now. Hope this helps!!!! Congrats on the future wedding :)
Frank Daly Comment by Frank Daly on January 3, 2010 at 8:51pm
My cabin was built in 1990. it is a 2 bedroom, 1 bath... I have a wooded setting that is on HW 129... I have done numerous remodeling jobs to bring the property up from its former condition. Tonight I have my fairly new woodburning stove keeping me warm and saving some money!
Kelly Stewart Comment by Kelly Stewart on January 3, 2010 at 8:41pm
How many BR and BA do you have in the cabin right now and do you have a creek or a view?
Frank Daly Comment by Frank Daly on January 3, 2010 at 7:53pm
I Have a 760 Sq ft. cabin on 1 1/2 acres on HW129. I have remodeled the main floor, painted the entire exterior, new gravel, 12x20 building on it... Private setting with mostly flat ground... I am getting married in May. My question is "What is better to focus on... Should I finish in our basement to create a 2nd bath and utilize that space or should I just save the money because we hope to move in 3-5 years to a bigger house with 10-20 acres... ?" Thanks for your advice!
Carol D. Robinson Comment by Carol D. Robinson on November 15, 2009 at 6:51pm
It's unfortunate that one market has such an impact on our community. But, with a lot of people employed in construction in one way or another, and our main market being from FL where it's been hit so hard, we're really feeling the effects. But, it could be worse! Am thankful to be working with a great company and a great owner whose main focus is professionalism and the success of her agents.
John Dilbeck Comment by John Dilbeck on November 15, 2009 at 6:00pm
Good evening, Carol.

I hope you're right about the real estate market in Murphy picking up next year. As you know, it's a major part of the engine that drives the local economy.

I'm with you. I wish I had the money to invest, too.

All the best,

JD
Carol D. Robinson Comment by Carol D. Robinson on November 14, 2009 at 6:52pm
Real estate has been going up-and-down this past summer. We're still seeing some activity, and expect to until January when it typically slows down until May. I am excited for next summer as I do believe the market will pick up and be better then this past summer. As you may know, there hasn't been a better time to buy property than now. I've sold some properties at unbelievable prices...wish I had the money to invest myself! Our market continues to be stronger than many other markets. We're still in a buyer's market and will continue to be there probably until 2011 where it'll start to level out and return to a seller's market. There are many resources and search tools on my website for anyone wanting to watch the market, get to know the area, as well as other tools. You can go to www.mtnpropertiesbycarol.com.
John Dilbeck Comment by John Dilbeck on November 14, 2009 at 4:36pm
Now that we're passing through fall and heading into winter. What's the real estate market like in Murphy? Anyone have any projections on how it will shape up next spring?
Kelly R. Hopkins Comment by Kelly R. Hopkins on July 8, 2009 at 7:02am
Now is definitely a great time! Interest rates are low. Prices are low. You do not have to buy at the bottom to make a great investment, You must secure the investment or it might always be a fish tale of what could have been. "That river lot on the Hiawassee River that was reduced to 69 k that got bought out from under you as you waited for prices to come down more. Let 10 years go by and see if $5000 (now) would make a difference of whether or not you would still be happy to have it in your investment portfolio. I can answer that for you: NO. If it is worth tons more it will not matter. You can see these type of deals at kellyhopkins.com.
 

Members (7)

Carol D. Robinson Frank Daly John Dilbeck G. Ron Langer John Poltrock Kelly R. Hopkins Kelly Stewart
 
 

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