Asheville, NC Real Estate News

By Rich Cooke, Western North Carolina Real Estate
(Beverly-Hanks & Associates)
Come to the WNC Agricultural Center, located across from the Asheville Regional Airport, anytime between September 5-14 to enjoy the annual North Carolina Mountain State Fair, the Best of the West. This 10-day, family-oriented event includes carnival rides, pig races, animal exhibits, camel rides, a petting zoo, vendors, a wildlife show, Rusty's Western Show and artisans competing for a piece of the $180,000 prize money up for grabs in such categories as arts and crafts, canned and baked goods, flowers/gardening and livestock. On Friday, Saturday and Sunday, the gates open at 9am and rides open at 10am. During the week (Monday through Thursday), the gates will open at 3pm and the rides will open at 4pm. Admission to the fair at the gate is $5 for adults, $2 for kids ages 6-12 and childr...
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By Scott Raines
(Keller Williams)
What a GREAT weekend we had! Jordan, my 7 year old daughter, was up on two wheels (bicycle) quite a while back, but this weekend was her first time riding mountain bike trails.  She is hooked now! Chloe (4) is not far behind her as my wife, Michelle steadied her on the same trails on her small bike with training wheels.  MAGNIFICENT!!  We spent Sunday afternoon and most of Monday either hiking, biking, swimming or skipping rocks in the woods at Bent Creek/Lake Powhatan, just 10 minutes south of downtown Asheville.   This is a GREAT family getaway with a campground.  If you enjoy mountain biking, being contiguous with the Blue Ridge Parkway, it would take you months to find all the cool trails in and around this area. The greatest thing is that there are trails that accomodate any skill ...
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By Gabriel Swinney
(Handyman Connection)
Handyman Connection in Asheville goes out everyday to work on a large variety of projects.  We do everything from fastening loose boards, installing a new door knob, painting a room all the way to major home remodels.  The home remodel is one of the largest classifications of projects we work on and one of our favorite. You can ask any of our craftsmen what they love about their work and they will most certainly answer the sense of accomplishment that comes after focusing on and completing the details of a home remodel.  To see a vision come to life is a very exciting process indeed and this is the outcome from Handyman Connection Craftsmen working hand-in-hand with the home-owner. These days home remodels are more and more common.  With the real-estate market being what it is, many peo...
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AUGUST 2008 Buncombe County is the home of Asheville, NC. Buncombe County and the surrounding areas of Asheville, Leicester, Black Mountain, Biltmore Forest, and Arden like the rest of the country, has been experiencing many changes in the real estate market, some good and some, not so good. There has been a slight change in the market conditions compared to last month, but only slight.  The continuing bad news is that the number of homes over or close to $1 million are not moving and the inventory is still hovering around the record high numbers. The Asheville area has historically been immune from the negative real estate trends that the rest of the country was experiencing. This is different now. The market "slumps" in most of the country has now had an impact on the Asheville area, ...
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By ASHEVILLE REALTY REFERRAL RESOURCE 828-776-0779, CONTACT janeAnne365@gmail.com
( REAL ESTATE REFERRAL NETWORK )
Part II. SUN POWER. It is amazing how we have evolved over the years. These days, we can pull together  a stylish, comfortable, and beautiful "palace" that is also non-toxic and eco-friendly. Here in Asheville, we are really getting into Solar Power. Just today I heard about  a Hands-on Workshop: Building a Solar Water Heater, that will take place at the Long Branch Environmental Education Center. Here,  ladies and lords, you can learn about a solar design even RA may have envied. It is "the essence of simplicity: Put  water holding tanks in an insulated box, with glass on the side facing south and fill it with water. No moving parts, nothing to break down, free fuel and no pollution."  You do NOT need building skills (though architects, engineers, and building contractors are welcome),...
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By Gabriel Swinney
(Handyman Connection)
Handyman service in Asheville, NC is always a fascinating venture.  Handyman Connection has been the leader in the home repair and remodel industry for a long time and during the course of business our craftsmen have had the chance to build great proffesional relationships with many home owners.  These relationships form the background of our business, laying our foundation on repeat customers. Here in Asheville this is especialy true.  The people are the reason our handyman service is here.  Everyday we talk to and work with happy customers who invite us back time and again to evaluate their home projects.  Everything from handyman work, home remodels, home repairs, painting, drywall, Handyman Connection is there.  We love the Asheville area and being able to serve here something we ar...
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By Sharon Cobb
(Keller Williams Brevard)
I recently watched Jack Nicholson and Morgan Freeman in the movie 'The Bucket List'.  I'm not getting any younger and I've got a number of things I hope to see, do, accomplish before I kick off this bucket..... One of those things I can now cross off my list is to see B.B. King, one of my all time favorites in the music world.  I saw him live at the Biltmore House in Asheville, NC, on August 8th.  It was a memorable night that I will never forget.  B.B. is 82 years young and is still going strong.  Although he had to be helped on and off the stage, he is still amazing and true in his voice, guitar playing, and story telling.  And to be sitting there, watching the beautiful WNC sun go down on the lawn of the Biltmore House, and then to see B.B. in person actually brought me to tears duri...
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By Gabriel Swinney
(Handyman Connection)
Being the leader in handyman projects, home remodel, and home repair in and around Asheville, North Carolina is an exciting place to be.  Everyday our craftsmen are out in the field meeting new customers, solving problems, and helping people repair and improve their largest investment, their home. One of the chief benefits to being at the Asheville branch of Handyman Connection is the amount of talent we have in our local craftsmen.  Some of our craftsmen are creaters of museum quality furniture, some have been remodeling homes for more than thirty years, and others are those neighborhood heroes who everyone turns to for any home repair need imaginable. One thing that unites all of our craftsmen at Handyman Connection is reliability; reliability that is born from their love of what they...
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By Jerri McCombs, Broker/Owner, Hendersonville NC Relocation
(Dogwood Real Estate Services)
I just came from the Green Expo at the Ag Center in Asheville and it was great! If you are interested in Green Building or even Green Remodeling and haven't a clue where to start, this is the place for you. It still has 2 more days of opportunity for you. The cost is $10 to get in and it is well worth it! There are so many vendors there with all kinds of products from home building to solar panels and water heating systems to just fun stuff to play with. Everyone is passing out information on their products and there are some great demonstrations. There are even classes going on throughout the day. If you want more information check out this link:  www.seeexpo.com This will give you directions, the times they are open and a list of classes. And don't worry, if you miss it they have it e...
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By Gabriel Swinney
(Handyman Connection)
Providing home repair and remodel services for Asheville, North Carolina is something our craftsman are very proud of here at Handyman Connection.  One of the most important things to look for in a handyman is reliability; knowing that the person you are working with is a professional who will show up on time and ready to do the work you want done.  At Handyman Connection reliability is a value.  All of our craftsmen have at least ten years experience, are insured, and bonded.  This way you know the person coming to your home is trust worthy and can get the job done.  The purpose of this blog is to chronicle some of the jobs our craftsmen perform here in Asheville, North Carolina.  We want honor our community and our talented handymen by showing some of the exceptional projects here on ...
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In a "normal" real estate market it is estimated that the housing inventory of homes for sale should be somewhere around 6 to 7 months supply. We are at holding steady about 15 months supply on average. The news nationally, almost constantly, is about the home prices going down as inventory goes up. In Asheville, we are still seeing somewhat of a conflict with that assessment. Our inventory is at all time record highs, yet our prices are higher than this time last year. In fact, just this month, August 2008, we set an all time high on the Median Asking Price of homes at $322,000. The real area of concern appears to be on homes over $400,000. The number of sales per month compared to the existing inventory suggests a rather long term for that inventory to either shrink or see prices drop...
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 Asheville, Buncombe County, NC Real Estate Market Statistics - Active and Sold - July 2007 and 2008 Comparisons Our Active Residential Listings have increased 23% from this same time last year.  The Average Asking Price has increased 4% and Median Asking Price has increased almost 5%. The real problem we face is the SOLD numbers and the SOLD prices are down. As you can see by the chart below, we have been down significantly on our SOLD numbers all of the last 12 months, yet our inventory has increased. The number Sold in July 2008 is down 18% from last July 2007 and the Average Sold Price is down 13%. Also the number of Days on Market is at the highest levels in over 5 years. Residential Properties = Single Family Homes, Condos, Townhouses & Mobiles on Owned Land    Post your listings ...
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By ASHEVILLE REALTY REFERRAL RESOURCE 828-776-0779, CONTACT janeAnne365@gmail.com
( REAL ESTATE REFERRAL NETWORK )
When you think about  sustainable agriculture, organic farms, eco-communities and quality of life in Asheville and the towns surrounding Her, you may wonder if this post is simply nugacity  in an otherwise (hopefully)  worthy landscape. However, some redeeming wisdom possibly survives- especially if you are a lover of guineafowl.   So I'm gonna' take the risk, and tell this story . . . "Which One's the Guinea?" (A Carolina Blue Skies Local Color Story).  Once upon a time, approximately 11 miles from downtown Asheville; or 7 miles from the where bustling Patton Avenue intersects Highway 63; or 5 miles from dear "Green Asheville's" city limits; or 1/2 mile from the new Leicester Post Office, there was a beautiful organic farm- on  Bright Blue Sky Lane-called  Asheville Farm. Asheville Far...
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By ASHEVILLE REALTY REFERRAL RESOURCE 828-776-0779, CONTACT janeAnne365@gmail.com
( REAL ESTATE REFERRAL NETWORK )
There are rumbles in the countryside. Becky and Bruce are praying this means rain, but it's been a dry, dry summer thus far, and rumbles or not, the sun is hot and so are we.  Luckily, we know where the enormous old shade trees and cooling waters of Hickory Nut Creek (see photo)can be found. So, today we headed out for a picnic. In our basket was the usual lettuce and tomato to combine with home-baked bread(see the series on Asheville's tailgate markets) for sure-but something was missing!                 As we rode south and east of Asheville (see map) to Hickory Nut Forest Eco Community, where over 800+ Acres of Conservation Land, adjacent to 25 or so acres where an Ecovillage  soon will unfold along the boundary, we stopped at the nearby CSA to round out our fare.   John and Janet as...
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Single family homes sales, which for this report include single family detached homes, condos, town houses, and mobile homes on owned land, are down year to date 27% from this same time period in 2007. By August 11, 2007 there had been 2261 units sold in Buncombe County. So far this year there have only been 1640 sold. In August 2006 at this time there had been 2507 units sold. In August 2006 the Average Asking Price of Residential properties was $444,538 and there were 2798 units in available inventory. Today there are 3422 units available with an Average Asking Price of $472,874. It appears that one reason the home prices have remained higher than in 2006 or 2007 is that the homes that are selling the most are the ones under $300,000 leaving behind the more expensive homes in the unso...
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By ASHEVILLE REALTY REFERRAL RESOURCE 828-776-0779, CONTACT janeAnne365@gmail.com
( REAL ESTATE REFERRAL NETWORK )
We have been visiting any number of Greater Asheville, N.C. area tailgate markets on the hunt for engaging photos about organic eats and other "good things" for sustainable living. This has turned out to be pure bon chance . An early morning adventure is one of many reasons why the Asheville area tailgate markets are special placesfor us. But there are other reasons why we rise just after dawn (you can go much later but we like to be there first) on various days of the week  to visit the tailgate markets.   Tailgate markets offer so much more than the scent of fresh baked goodies in the air, the sound of neighbors chatting, the warm touch of fresh farm produce, and the tastes that promise to make your meals bedazzling.     Young and old alike come together at the UNCA Sponsored Tailgat...
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JULY 2008 Buncombe County is the home of Asheville, NC. Buncombe County and the surrounding areas of Asheville, Leicester, Black Mountain, Biltmore Forest, and Arden like the rest of the country, has been experiencing many changes in the real estate market, some good and some, not so good. There has been a slight change in the market conditions compared to last month, but only slight. A small bit of good news is the number of homes under $100,00 has increased modestly. A bit of bad news is that the number of homes over or close to $1 million are not moving and the inventory is still increasing. The Asheville area has historically been immune from the negative real estate trends that the rest of the country was experiencing. This is different now. The market "slumps" in most of the count...
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By Lesley Groetsch
(Reynolds Mountain Communities)
That title is not entirely true. I blog weekly on our website - www.reynoldsmountain.com - but it is not a "personal" blog per se. I'm looking forward to being an active member of this community. I have learned so much already from the posts, and I hope I can contribute to the dialogue. Asheville, NC is consistently sited in the press as one of the stable/active/long term markets remaining in the US (choose your adjective). That is relatively true, but we are definitely experiencing the same economic woes as the rest of the nation: high gas and food prices, salary and hiring freezes and of course, a real estate slow down. Our philosophy at Reynolds Mountain is to keep our heads down, keep working hard, stick to our values and vision and support the community at large in these difficult ...
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By ActiveRain City and State Listing Group
Vacant Land, Lots, and Acreage - Buncombe County, NC Buncombe County includes the cities or areas  of Asheville, Weaverville, Leicester, Black Mountain, Arden, Skyland, Candler, and Biltmore Forest. Vacant land sales can be an indicator of the health of the real estate market overall. Land sales in 2008 have slowed to about 55% of sales in 2007, 243 parcels have been Sold in 2008 with an Average Sold Price of $159,874, a decrease from June prices. A breakdown of those sales, year to date, looks like this: 1 acre or under - 116 parcels sold with an Average Sold Price of $88,058. 1 to 2.99 acres - 75 parcels sold with an Average Sold Price of $133,505. 3 to 4.99 acres - 20 parcels sold with an Average Sold Price of $157,086. 5 to 9.99 acres - 9 parcels sold with an Average Sold Price of $...
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In a "normal" real estate market it is estimated that the housing inventory of homes for sale should be somewhere around 6 to 7 months supply. We are at about 15 months supply on average. The news, almost constantly, is about the home prices going down as inventory goes up. In Asheville, we are still seeing somewhat of a conflict with that assessment. Our inventory is at all time record highs, yet our prices are higher than this time last year.  The real area of concern appears to be on homes over $400,000. The number of sales per month compared to the existing inventory suggests a rather long term for that inventory to either shrink or see prices drop by large percentages. Sales of homes under $285,000 seem to be stable with only a smalll excess in inventory. This would indicate that t...
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