Big things are always happening in Rabun County, and this year looks to be no different. 2022 had some headlines… public hearings around short-term rentals, Rabun County named the Wooden Boat Capital of Georgia, and Clayton designated an Appalachian Trail destination city. Looking ahead, the new hotel at the site of the Old Clayton Inn is under construction, downtown is packed out with weekend shoppers, and Real Estate Agencies have landed offices on Main Street Clayton, Georgia like you wouldn’t believe.
The past few years in real estate have left buyers and sellers with mixed expectations. Bottom line for Rabun County is we will have a stable market for at least another year. If sellers will list at last year’s prices, they’ll see last year’s result with multiple offers and overbids. It’s taking a little bit more time on the market to sell, but prices are still as high as they’ve ever been. Buyers are finding an edge with cash and quick closings. Interest rates are double what they were a year ago, but I also remember everybody jumping up and down refinancing years ago when rates dropped to 6%.
I have been a RE/MAX agent in Rabun County for the past 18 years, and our mother, Lee Silverman, sold for years before us in these beautiful North Georgia Mountains. I listed and sold homes when everything was great in 2006, when things were terrible in 2009-2011, and found a way to keep business open through the Covid real estate market. My brother, Jeff, and I were talking about 2022 and in awe of just how many properties we made contracts on that never touched MLS, the internet, or even all-knowing Zillow.
It’s been quite a ride, but we’re ready for anything 2023 throws at us… bring it! We have built a highly efficient, experienced, professional real estate team offering an exclusive level of service to our clients. Stop by our RE/MAX Town & Country Jon Barnwell Team Office on the public square 29 E Savannah Street, Clayton, GA 30525 and let’s talk some shop about the real estate market!
See you soon,
Jon Barnwell