FOR YOUR CALENDAR: A Look At Blowing Rock’s Residential Real Estate Market

FOR YOUR CALENDAR: A Look At Blowing Rock’s Residential Real Estate Market
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By David Rogers. June 18, 2017. BLOWING ROCK, NC — With interest rates at or near year-to-date lows, the number of home sales year-to-date in the High Country slightly ahead (4%) of the same period a year ago, but an arguable softening in the most recent reported month (May), Tuesday (June 20) evening’s public forum on “The Residential Real Estate Market in Blowing Rock”, hosted by Blowing Rock Civic Association (BRCA) at the Blowing Rock Art & History Museum (BRAHM), 5:30 pm, should produce some lively discussions amid professionals and homeowners alike. BRAHM is located at 159 Chestnut Street in downtown Blowing Rock.

COVER IMAGE: A Linville Ridge listing of Rob Garrett, Premier Sotheby’s International. Photographic image courtesy of Premier Sotheby’s.

Artist rendering of Broyhill’s Chestnut Hill project

Headlining the panel of experts leading the discussion are three professionals with different perspectives.

Hunt Broyhill is developer of the new Chestnut Hill condominium development on the former site of Blowing Rock Hospital. Because of its location, it is expected to feature million dollar views, among other high-end amenities.  The Broyhill family has a long history of property ownership as well as charitable giving in Blowing Rock and the High Country. Broyhill’s collaborator in the Chestnut Development Partners project is Charles Campbell, Managing Partner of Brackett Flagship Properties, headquartered in Charlotte.

Blowing Rock residents have substantial investments in their homes, whether seasonal or full-time.

Rob Garrett of Premier Sotheby’s International was born and raised in High Point, NC, but “got the mountain bug” after attending Appalachian State University in the early 1990s. Before selling residential real estate in Blowing Rock, Garrett worked for developers focused on private communities with many amenities. He is also familiar with North Carolina’s furniture industry, having been a top sales producer for manufacturers Sealy, Inc. and the Simmons Company. Last year’s merger of two smaller, independent realtor offices into the larger Premier Sotheby’s organization broadens the exposure of Blowing Rock real estate opportunities to a larger market.

Scott McIntosh is broker in charge and owner of Blowing Rock Investment Properties. Originally from Enfield, Connecticut and an alum of Boston, MA’s Northeastern University, McIntosh has a background in the hospitality industry designing luxury spa and fitness centers in such places as Miami, The Bahamas and St. Lucia (West Indies). After serving as VP of Operations for Concession Services with Carnival Cruise Lines (overseeing 14 ship and four resorts), he purchased a 10-acre plot in the High Country while vacationing in the North Carolina mountains. It was intended as a vacation and retirement retreat, but he relocated here full-time to instead pursue a career in real estate. His early work was focused on working with developers on large tracts intended for planned communities.

Is Blowing Rock increasingly just a suburb of Charlotte?

Many Blowing Rock homes feature spectacular views with their amenities. Photographic image courtesy of Premier Sotheby’s International

“Full-time and seasonal residents both have substantial investments in their Blowing Rock homes,” BRCA president George Wilcox noted to Blowing Rock News on Friday. “Consequently, staying on top of the current market trends is an important service that we can provide by organizing this panel discussion.  There are some outstanding houses here. When you combine that with Blowing Rock’s spectacular mountain views and the endearing diversity of our village’s special events and activities, from nearby skiing, to hiking in the backwoods, to Symphony By The Lake, and so much more, this is truly a special place.

“At this forum,” Wilcox added, “folks will hear first hand from some of the movers and shakers in this market. They have their hand on the pulse, so to speak. I’m sure we’ll talk about the condition of the market now, as well as some other interesting topics such as the impact of property tax increases earlier this month by both the Town and Watauga County.  There are some saying that Blowing Rock and other High Country locales are becoming almost suburbs of Charlotte because of the improvements to the highways providing access. Let’s explore that thought. What is the impact of Appalachian State University’s growth? There are no boundaries to the discussion and the public is invited.”

Admission is free, the program underwritten by Blowing Rock Civic Association.

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