Asheville, NC Real Estate News

By Jim Cottam
(Keller-Williams)
Biltmore Park Homes for Sale as of 3-4-2009 thru the WNCRMLS.   Currently on the Market Average Sqare Feet  Average List Price Average Price/Square Foot Average Days on Market <1Million 24 3147 588,000 186.84 108 >1Million 13 5805 1,737,625 299.33 204 Condos 10 1275 339,422 266.21 166 List Price Sell Price Square Feet Dollars/SqFt Address Bedrooms Bathrooms Acres Date Sold Days on Market  $529,000  $490,000 2660 184.21  1035 COLUMBINE  4 2.5 .33 1/8/09 189 $1,190,000 $1,000,000 5826 171.64 1811 ELLICOTT LANE 5 4.5 2 1/2/09 7 Go to Biltmore Park Real Estate for more information. Seach Asheville Real Estate.
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The North Carolina Association of REALTORS released their existing home sales report today. The most unexpected part of the report had Asheville's average sale price rise 8% to $309,770. More in line with what we have come to expect lately was the number of existing homes sold fell 49% to 90. And the total dollar volume dropped 45% to $27,879,361. To see the full report: - NCAR Existing Home Sales Report - See more Asheville Home Sales Data   Search Asheville Real Estate. Information about Asheville Home Staging.  
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By Jim Cottam
(Keller-Williams)
The Asheville Real Estate Market continues to drop.  3-1-2009. An  early look at the numbers for the Asheville Real Estate Market for February 2009 shows that the total number of homes sold and the average sale price continues to drop year over year for February.  Number Homes Sold                          -29.1%                  242 Total Dollar Volume                           -33.4%                  56,423,517 Average Listing Price                        -4.75%                  247,979 Average Sale Price                              -5.66%             233,155 Average Days on Market                  +20.3%                 142     Numbers are from the WNCRMLS as of 3-1-09. Total Sales for: SingleFamilyResidential/Condo/Townhouse/Preconstruction For more information go to Asheville Home...
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By Tim Brunson
(Buyers USA Relocation)
Strangely enough the sleepy little city of Asheville, North Carolina is a popular relocation destination.  While population growth is no where near that of Charlotte or Raleigh, over the past 10 years it has sustained a steady 3 to 4% growth. Known to many as the home of Biltmore Estates, a tourist destination that is billed as America's largest home, this city of 72,149 is has become an what AmericanStyle Magazine has called one of "America's Top 25 Arts Destinations."  AARP has also called Asheville one of the "Best Places to Reinvent Your Life".  And in 2007, Asheville was named by Frommer's Cities Ranked and Rated as one of the top seven places to live.   An uncharacteristic climate is a drawing card for this city.  Nestled quite nicely between the surrounding mountains, Asheville, ...
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Number active listings, number pending listings, pending ratio, closed listings, days on market, average list price, average sold price, ect. It is all broken down by price ranges. Click to see the Greater Asheville Report and additional reports for Fairview NC, Mars Hill NC, Waynesville NC, Arden NC, Swannanoa NC and Leicester NC. Click for more information on the Asheville Real Estate market. Want more numbers? Go to Asheville Home Sales Data. Search Asheville Real Estate For information about Home Staging in Asheville go to Staged Homes of Asheville  Search Listings in Glen Crest/Glen Cove  Search Asheville Real Estate  Search Listings in Glen Arden Heights  Search Weaverville Real Estate  Search Listings in Cotswolds  Search Hendersonville Real Estate  Search Listings in Biltmore Pa...
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By ASHEVILLE REALTY REFERRAL RESOURCE 828-776-0779, CONTACT janeAnne365@gmail.com
( REAL ESTATE REFERRAL NETWORK )
Rain was morphing to snow. The clouds were heavy over the mountains in Ashevile today. But, for just a few minutes, the sun carved a space in the sky and, for the first time in my life, I beheld a WINTER RAINBOW! How many of us have had such a moment, I wondered...I dashed inside for my camera and captured the moment to share with you...You may have to look twice to see it, but here is that WINTER RAINBOW..."Scene" around Asheville in February, 2009.
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By ASHEVILLE REALTY REFERRAL RESOURCE 828-776-0779, CONTACT janeAnne365@gmail.com
( REAL ESTATE REFERRAL NETWORK )
Asheville "GREEN" Real Estate and Relocation: MARKET OUTLOOK-It's GREEN (Part 4).Cloudy days in the real estate market? Not so for eco-friendly buyers in the Asheville, NC area. ...   "Sunny days" (see photo )are still to be had. And, as I  reviewed the happenings in the real estate market here in the Greater Asheville area, I recognized bright trends and forecasts.  Yes, to some extent, we have felt the effects of credit tightening and the sub-prime mortgage crisis. But consider this:  Demand for green built homes has only increased. And, in Asheville, it seems to help drive our market in a healthy trajectory. For those relocating to Asheville:   MSN "Best Housing Markets"recently reported that    Asheville is in the Top 10 List  Appreciation figures for  real estate markets across the...
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By ASHEVILLE REALTY REFERRAL RESOURCE 828-776-0779, CONTACT janeAnne365@gmail.com
( REAL ESTATE REFERRAL NETWORK )
 Asheville "GREEN" Real Estate and Relocation: MARKET OUTLOOK-On the Horizon, It's GREEN (Part 1)  ASHEVILLE, N.C  , Winter to Spring, 2009 :: THE REAL ESTATE  MARKET OUTLOOK IS GREEN-    If you're like me, (see photo) an avid real estate market watcher, real estate trends  and the market outlook capture my attention.... especially nowadays. For many years now, I have been noting and advising on the real estate market  for our clients who are relocating to the Greater Asheville area. As a member of a team of eco-oriented and savvy professionals and a "green" buyers' broker,  I am particularly focused on eco-friendly development and construction. From that perspective then, here (and in Parts 2,  3 and 4) is  a rundown of the real estate market outlook in the Greater Asheville Area. Ashe...
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By ASHEVILLE REALTY REFERRAL RESOURCE 828-776-0779, CONTACT janeAnne365@gmail.com
( REAL ESTATE REFERRAL NETWORK )
Asheville "GREEN" Real Estate Market Outlook-It's  GREEN (Part 2)... New "GREEN" Construction We are lucky to report thecontinuing strength of "green", eco-friendly homes and land sales in the Asheville, NC real estate market.  In Part 1 of this series I looked at appreciation and eco-friendly properties. I mentioned that New Construction is a good indicator of economic stability/growth. Here in  Asheville new "Green" construction stats are strong.  (This Asheville area couple is beginning to plan for an energy efficient home here in the mountains where the outlook, as you can see in this photo I took not long ago, is full of potential!) According to the NC Healthy Built Homes Program   NC HealthyBuilt Home is moving the North Carolina market toward: Lower operating costs - Lower utilit...
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By ASHEVILLE REALTY REFERRAL RESOURCE 828-776-0779, CONTACT janeAnne365@gmail.com
( REAL ESTATE REFERRAL NETWORK )
Asheville "GREEN" Real EstateMarket Outlook-It's  GREEN (Part 3) "GREEN" Financing and Tax Incentives (Part 3)  There is a bright outlook for home and land buyers here in the Greater Asheville area. Take for example the financing power in terms of energy efficient mortgages. ..and Tax Incentives.   (photo is one I took of the Asheville sky line...there is a bright outlook here) According to the Residential Energy Services Network:   An energy mortgage is a mortgage that credits a home's energy efficiency in the home loan. There are two types of energy mortgages: Energy Improvement Mortgage - Finances the energy upgrades of an existing home in the mortgage loan using monthly energy savings Energy Efficient Mortgage - Uses the energy savings from a new energy efficient home to increase th...
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By ASHEVILLE REALTY REFERRAL RESOURCE 828-776-0779, CONTACT janeAnne365@gmail.com
( REAL ESTATE REFERRAL NETWORK )
As I mentioned in Part 1, 1stTime Home Buyers, especially those relocating to the Greater Asheville, NC area want to know if the home (or land) they invest in  has a good chance of appreciating  over the years ...  According to Home Smart Reports,  a research tool for 1st Time Home buyers (and others) that  focuses  "not only on market value, but also the underlying trends that affect property value in both the short and long-term.... and market conditions you need to know when making your buy/sell decisions ..." The Asheville area gets an "A" for Low Market Risk Conditions.  Given this, now is the time for smart 1st Time Home Buyers to exercise the option to invest in real property . (Here I am talking about eco-freindly land purchases and green-built homes to be sited on the land...LA...
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By ASHEVILLE REALTY REFERRAL RESOURCE 828-776-0779, CONTACT janeAnne365@gmail.com
( REAL ESTATE REFERRAL NETWORK )
I love it when 1st Time Home Buyers, especially our eco-friendly clients in search of green-built homes and retrofits,  venture into the adventureof scouting out, investigating, and then bravely proceeding with their very first property purchase. HGTV has a show called Property Virgins that attempts to familiarize 1st Time Home Buyers with the process. But the 1st Time Home Buyers' actual experience may be somewhat different. Certainly, for us, as "green" buyers' brokers it is. And there is nothing like being on the front row,  getting to be a part of  the flow, seeing the various emotions and expressions along the way. As my clients succeed- oh I LOVE it!   As I mentioned in an earlier post, "green"  1st Time Home Buyers today have a double advantage  because 1st Time Home Buyers can l...
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JANUARY- 2009 Maybe January is not the best month to evaluate the supply/inventory situation and define the number of months supply there is based on the sales so far for the new year, but to have some idea of the health of the market you must compare the current inventory to the number of sales that has taken place to project the actual number of month's supply of homes. The question is: What is a Healthy Real Estate Market? That is not always an easy question to answer, but usually, inventory of unsold homes available should not equal more than a 6 to 8 month supply. Prices and inventory seem to set the theme and "location, location, location" is not always the final judgment of health or desirability. As we began the new year, it was obvious that Asheville was not experiencing a "hea...
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By Carol Clay, Broker/REALTOR, Brevard NC Real Estate Specialist
(Looking Glass Realty)
If you're looking for homes or land in the Brevard, North Carolina area...or if you want professional help selling property, call the Clay Team.  Robert and Carol Clay are leaders in property marketing in western North Carolina. Visit us online and search for properties 24/7. Or give us a call to find out how we can help you find that perfect home...or that "just right" piece of land. In todays tough economic times, this is no time to go it alone. Call Robert or Carol today.
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By ASHEVILLE REALTY REFERRAL RESOURCE 828-776-0779, CONTACT janeAnne365@gmail.com
( REAL ESTATE REFERRAL NETWORK )
If ever you need  inspiration, you need go no further than my own back yard. Here the mountains curve to empowering skies, and softly point to possibility. The sense that anything is possible is in the air. Beyond the trees a muse may hide. Beyond the clouds there is light...and maybe hope... and this is what quality of life is all about... AH! Asheville, North Carolina!
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By ASHEVILLE REALTY REFERRAL RESOURCE 828-776-0779, CONTACT janeAnne365@gmail.com
( REAL ESTATE REFERRAL NETWORK )
Hop on board for the  Asheville GREEN RELOCATION Urban Green: : Green-Built Homes of Asheville Tour. Whether it is a home's environmental impact, its green features and/or place in the community many people relocating to Asheville look at this eco-friendly trend as THE important connection to what really matters...  (photo is one I took of new green construction in Asheville) And  when they explore Asheville, a desire for deeper look at  sustainable and historic neighborhoods, horse farms and eco-communities, urban lofts, and expansive acreages just seems to arise, naturally.  That's where Asheville's  Eco Certified ®Real Estate Consultants  can be of real assistance. The "just scouting"  Urban Green: :Green-Built Homes of Asheville Tour lets people look around the Greater Asheville are...
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Number active listings, number pending listings, pending ratio, closed listings, days on market, average list price, average sold price, ect. It is all broken down by price ranges. Click to see the Greater Asheville Report and additional reports for Fairview NC, Mars Hill NC, Waynesville NC, Arden NC, Swannanoa NC and Leicester NC. Click for more information on the Asheville Real Estate market. Want more numbers? Go to Asheville Home Sales Data. Search Asheville Real Estate For information about Home Staging in Asheville go to Staged Homes of Asheville  Search Listings in Glen Crest/Glen Cove  Search Asheville Real Estate  Search Listings in Glen Arden Heights  Search Weaverville Real Estate  Search Listings in Cotswolds  Search Hendersonville Real Estate  Search Listings in Biltmore Pa...
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Vacant Land, Lots, and Acreage - Buncombe County, NC - January 2009 Buncombe County includes the cities or areas of Asheville, Weaverville, Leicester, Black Mountain, Arden, Skyland, Candler, and Biltmore Forest.    373 parcels of vacant land were Sold in 2008 with an Average Sold Price of $142,634. January has started off with a slow start, which is not unusual. This would indicate that investors, builders and speculators are waiting for the market to stabilize. Of course, the risk is that once the Asheville market heats up, the prices on land will increase at a rapid pace because buyers wanting new homes will have a limited supply.   There is not much to report, but a breakdown of the sales for 2009 looks like this:   1 acre or under - 6 parcels sold with an Average Sold Price of $28,...
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By Steve Schwartz, Charlottenulls Premier Real Estate Videographer and Photographer
(AmazingVideoTours.com)
------------- ©2008 - AmazingVideoTours.com - All Rights Reserved. Any use of this photo, including reproduction, modification, distribution or republication, without the prior written consent of Amazing Video Tours, is strictly prohibited. Amazing Video Tours offers photography and full motion video marketing solutions to Realtors, and other individuals with property to sell, lease, or rent.  A departure from the old fashion 360 Virtual Tour, Amazing Video Tours takes online property marketing to the next level.
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By ASHEVILLE REALTY REFERRAL RESOURCE 828-776-0779, CONTACT janeAnne365@gmail.com
( REAL ESTATE REFERRAL NETWORK )
Seems like almost every one who comes to the Happiest City in the USA (that's Asheville) wants to stake a claim here. So wandering around taking in  Asheville's  landmarks, historic buildings, art galleries and shops soon seems to turn to a desire for deeper investigation of  sustainable and historic neighborhoods,horse farms and eco-communities, urban lofts, and expansive acreages.  Recently, I talked with the Eco Certified ®Real Estate Consultants  at a local firm. I had heard they offered a remedy for would-be property owners who just couldn't resist Asheville's allure and want to relocate......a particular kind of real estate tour.  They told me... "After numerous requests we decided to create what we now call  the Grand Green Tours." "You just need to make a reservation and, for a ...
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