Asheville, NC Real Estate News

By Gabe Swinney Asheville New Urbanism
(Gabe Swinney)
  Asheville vacation rentals are now a powerful and growing force in the Asheville, NC real estate market.  Why is this?  The answer seems fairly simple and yet is made up of a few different factors.For one thing the tourism and vacation industry has been growing by leaps and bounds over the last several years.  People now come to Asheville to vacation from all over the world.  They call the city and its surrounding mountains, shangri-la, the Paris of the South, and the happiest city in the nation.  Naturally the Asheville vacation rental business is doing just fine amidst such heavy praise.  The appeal is also multi-faceted.  Some people come for the culture and the history filling their vacation itinerary with tours of the Biltmore house, the Grove Park Inn, and the countless summer f...
Comments 1
By ASHEVILLE REALTY REFERRAL RESOURCE 828-776-0779, CONTACT janeAnne365@gmail.com
( REAL ESTATE REFERRAL NETWORK )
Wild Turkeys Couldn't Keep Me Away from Beaver Lake and the Sanctuary. We walk  around Beaver Lake almost every week, visit our neighbors. We continue  to be amazed with the light-flashing waters. The surrounding mountains border the Beaver Lake as if to entice a canvas from some modern-day French Impressionist . The acres of open space where kids play, the families finding  picnic spots, and just beyond, the canoes awaiting turns to glide by all participate in this colorful scene.    A sense of "all's right" in the world seems to be in the air. If you are a birder,  you will love the Beaver Lake Sanctuary where you can spot LOONS, GREBES, CORMORANTS, HERONS, SWANS, GEESE, AND DUCKS. HUMMINGBIRDS and WOODPECKERS...just to name a few.  There's one species that you might not find there......
Comments 31
By ActiveRain City and State Listing Group
I wonder how many of us will hear this story this year?Last summer, I sold a piece of my property to some very nice folks from Minnesota for them to build their retirement home in the mountains of North Carolina. A custom Deltec home (octagonal sided or round house)was what they decided upon. They went back home to make their plans, get their home there ready to sell and line up contractors to price their project here.In April of this year, they came for a visit to meet with some of the builders and contractors and to refresh their decision to move here.I just received this letter, which unfortunately may be a sign of the times ahead for some of us."Our recent visit had mixed results; we confirmed that the area was as beautiful as we remembered (actually more so) and we are anxious to l...
Comments 9
By David Clegg
(David Clegg, Asheville Real Estate Broker)
Welcome all visitors to my Asheville Real Estate blog!
Comments 3
By ASHEVILLE REALTY REFERRAL RESOURCE 828-776-0779, CONTACT janeAnne365@gmail.com
( REAL ESTATE REFERRAL NETWORK )
I'm sort of a "common sense" kind of person.. I like waterfalls, (photo taken at eco-community near Asheville) the first snow fall, sitting around the fire with my friends, and delicious organically-grown tomatoes...IOW... balance in my life. Possibly, as a young schoolteacher in Michigan, way back when,  I acquired common sense from my fourth-graders.  Today, at our eco-savvy real estate brokerage   in the "City of Bliss", Asheville, NC , "common sense" is about making a positive difference in our neighborhood and in the world in terms of land use  and planning , healthy living environments, and camaraderie....summed up as eco-community on many levels- the seemingly small efforts you and I make toward sustainable practices  and eco-innovation-whether that be installing an energy effici...
Comments 8
By Hazy Oberski, Asheville, NC
(RE/MAX Four Seasons Realty)
It's days like this that remind me of the glory of the Lord and all the beauty that He has given us. Don't get so BUSY with life that you can't ENJOY LIFE! Have you been to the Biltmore House in Asheville, North Carolina when the Festival of Flowers  is in all  its glory? If you haven't, it is well worth the trip here. People say that flowers make you happy and believe me when you see thousands of tulips and spring flowers in full bloom, you will be happy. The home has acres of flowers everywhere on the estate! Whether you are listening to the storyteller in the Library Terrace, or the music in the garden..... playing the lawn games or visiting the winery, you and your family are in for a treat! Visit http://www.biltmore.com/ and make plans to visit the largest estate in our country.Aft...
Comments 0
By Michael Zullo
(Keller Williams)
Well, Easter came early and so did the buyers. The daffodils are blooming and a rush of savey buyers have hit the market. The number of contracts written in the month of march doubled February and almost reach the levels of last year at this time. Asheville buyers have many choices as there is still almost 20 months of inventory. The cream of the crop are selling at realistic prices and in many cases there are multiple offers on those properties priced to sell. Sellers have figured out if you want to sell your house need curb appeal inside and out. A coat of paint, some mulch and de-clutter will attract buyers. While there is still a lot of investors and first time home buyers out there, the regular buyer in back in the market. The new buyers are not from the traditional Florida source ...
Comments 0
By ActiveRain City and State Listing Group
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. So far, in 2008, land sales have slowed to about 50% of sales in 2007, but prices are holding steady.Vacant Land Sales Year To Date 98 parcels have been Sold in 2008 with an Average Sold Price of $163,913.A breakdown of those sales looks like this:43 parcels were under 1 acre with an Average Sold Price of $100,116.34 parcels were between 1 to 2.99 acres with an Average Sold Price of $167,719.8 parcels were between 3 to 4.99 acres with an Average Sold Price of $115,333.5 parcels were between 5 to 9.99 acres with an Average Sold Price of $376,667.3 parcels were...
Comments 0
Affordable housing has become an issue here in the Asheville area. Currently the average asking price of a home here is over $450,000. As a result many folks are forced to look for alternatives in housing. Many turn to Manufactured or Mobile homes. In some cases, that is not altogether a bad idea. It has always been my opinion that buying a Singlewide (SW) Mobile/Manufactured home has never been a wise investment for people wishing to establish a home ownership plan of action. Basically, the land is the only thing holding the values together, and that is only if the land is in an area of land value growth. Rarely do both the land and the singlewide grow in value. Most SW homes are still treated as personal property and licensed as motor vehicle type registrations. Unfortunately, for man...
Comments 8
 Here are the trends and statistics for for the 1st quarter of 2008 for Asheville & Buncombe County, NC. Buncombe County is made up of  Asheville, Leicester, Weaverville, Candler, Woodfin, Arden, Barnardsville, Black Mountain, and several other area locations. If you go to Realtor.com to search for listings in the Asheville area, be sure to put in Leicester and the other areas to get the complete picture of what is available in our beautiful part of the country.If you put just the word "Asheville" in a Google search you will get 11,000,000+ hits! The number one site for Asheville is Asheville.com.If you put the words Buncombe County NC you will get 1,050,000 hits. The number one site is Buncombe County. org.In comparison, if you put the word "ActiveRain" in you will get 591,000+ hits.As...
Comments 1
By ASHEVILLE REALTY REFERRAL RESOURCE 828-776-0779, CONTACT janeAnne365@gmail.com
( REAL ESTATE REFERRAL NETWORK )
Maybe it was the ready-to-plant south-facing (organic?) garden within a hop-skip-and-jump of that Green Builder's  door that did it! When I visited this remarkable home, (see photos to left and right) suddenly, for the second time this week,  Grandma's sage advice came to mind:    "Get Your Greens!"   Scenario: Board members of NLJ's site visit to evaluate a new "green-built"  construction here in Asheville, NC.  So, in this case, "get your greens" refers to a whole "green-built' package (not just the veggies, though the plot laid out for an organic vegetable garden in the photo above makes me want to dig right in! )  The Whole "GREEN-BUILT" Package: Not only is the home sited to maximize the wild-forever feeling in an urban environment (it backs up to acres and acres of undisturbed la...
Comments 5
Buncombe County, NC Real Estate Market Statistics - March 2007 and 2008Our Active Residential Listings have increased 37 1/2% from this same time last year. The Average Asking Price has increased 7% and Median Asking Price has increased almost 10%.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 on our numbers all of the last 12 months.The number sold in March 08 is down 32% and the Average Sold Price is down 9%. Also the Days on Market are at their highest levels in over 5 years.Post you listings and market reports at the Group: http://activerain.com/groups/CityStateListingsReports
Comments 1
By Hazy Oberski, Asheville, NC
(RE/MAX Four Seasons Realty)
Well I wish I had been! I don't know what it is but everytime Asheville has a few days of rain, all the buyers want to see property. Don't get me wrong, I'm not complaining, I just wonder where they were earlier in the week when our temps got into the high seventies :-)I did get an offer on one of the properties so it was a good day! I have noticed many new buyers coming into our area in the last couple of weeks. Must have something to do with everything being in bloom. May the rainy days hurry back!
Comments 0
By ASHEVILLE REALTY REFERRAL RESOURCE 828-776-0779, CONTACT janeAnne365@gmail.com
( REAL ESTATE REFERRAL NETWORK )
Yesterday I wrote about our "Green retrofit" in process, our Office Building here in Asheville, N.C.  So I've been getting suggestions about what to do next in that process.  Seems as if all the Brokers are into creating a sustainable place for us eco-savvy REALTORS®! One suggested we start by painting the porches with Low VOC paint. Another wants a small organic garden in the back yard. Where to start? Where to start?Being a Land Specialist, I pretty much know (or can refer to expert resources) what to look for in terms of a sustainability land plan-the   botanical, wildlife, and natural community inventories, the Section 404- Wetland Delineations and Section 7 -Rare, Threatened, and Endangered Species assessments that may need to be performed, and how/if that can affect my real estate...
Comments 5
By ASHEVILLE REALTY REFERRAL RESOURCE 828-776-0779, CONTACT janeAnne365@gmail.com
( REAL ESTATE REFERRAL NETWORK )
Here it is! Our Office in Asheville. It's on a corner with  huge old trees on either side, and a funeral parlor across the street...We joke about that sometimes. (You can fill jokes in as you might...)  We plan to do a bunch of "retrofitting"  each year. It's an interesting learning experience and challenging process.  Not long ago I asked all the real estate team what retrofitting they'd like to see done first.   Here's what they told me:Solar Panels Finish upgrading the windowsFinish the Low VOC paintingOrganic garden out backOn-Demand Water Heaters More Native landscapingSo I'm thinking...wait a minute...despite all the amazing new technologies and products that can improve quality of life for the REALTORS® and our clients at our Office, our Office already is "greening" the neighborh...
Comments 18
By ASHEVILLE REALTY REFERRAL RESOURCE 828-776-0779, CONTACT janeAnne365@gmail.com
( REAL ESTATE REFERRAL NETWORK )
Thinking about the "red hot GREEN" trend in real estate gets me going. I'm not the only one, either. Whether you are in Asheville, N.C. or Kalamazoo...getting involved in sustainable /green homes and land appears to call to "what makes sense" in the minds of consumers. So...this is not just happening in Asheville, NC, although many say we are "THE Hub"  of such activity.   I'm smiling as I write this because I know that the eco-innovators in Georgia, Texas, Arizona, Washington State, Oregon, Western Michigan and elsewhere might have a thing or two to say about that.        Photo: No "pecking order" allowed.In the Greater Atlanta area, for example,  EarthCraft House reports over 4,000 EarthCraft House   single family homes and over 1,500 EarthCraft Multifamily dwelling units have been ce...
Comments 2
By ASHEVILLE REALTY REFERRAL RESOURCE 828-776-0779, CONTACT janeAnne365@gmail.com
( REAL ESTATE REFERRAL NETWORK )
WNC Healthy Built  Homes on the market in Asheville range in price from work-force homes like those seen in this Asheville neighborhood (around $234,000)  to Green luxury homes (in the $3M range.)According to Maggie Leslie at Asheville's (WNC) Green Building Council, Green Homes are a good investment.  Considering the features and benefits for investors/buyers, most of my clients tell me they agree, New Green Homes for sale seem like a Good Value. I agree. Look at these benefits, for example: Home Owner Benefits include:Lower Energy Bills: through energy efficient lighting, equipment, and appliances Healthier and Comfortable Indoor Environment: consistent temperatures and lower risk of mold growth Increased Market Value: higher resale value of a home 5% Discount from Progress Energy: re...
Comments 3
By ASHEVILLE REALTY REFERRAL RESOURCE 828-776-0779, CONTACT janeAnne365@gmail.com
( REAL ESTATE REFERRAL NETWORK )
I know, I know. I'm repeating myself. Eco-innovation is red hot. Development-planning and green building  have changed the way we design, construct, operate and even think about  real estate. One of the best places to see how this is transforming the way we look at our world our communities, our homes is right here in Asheville, NC. So this is your invitation to come see for yourself. Real estate buyers and sellers are excited,  especially if they are considering investing in green homes and/or land for sale in the Asheville, NC. Area, said to be "the HUB" of green building innovation and education. And with good reason!. Take a look at the stats. You will notice:•1)       that value-added features attract people•2)        that the demand for eco-savvy buildings is on the rise•3)       ...
Comments 13
 Buncombe County is the home of Asheville, NC. Asheville, like the rest of the country, has been experiencing many changes in the real estate market, some good and some, not so good. The Asheville area was once believed to be immune from the negative real estate trends that the rest of the country was experiencing.   Perhaps that would be true if the rest of the country hadn't suffered such deep slow-downs and upset markets.  The Asheville area has continued to see a dramatic slow-down of Sold homes, and returning increase in inventory, and a noticeable drop in "pending" listings. The two numbers that seem to tell the story of the Asheville market appear to be the small percentage of homes under $100,000 and the increasing number of homes over $1,000,000.The record number of Active List...
Comments 0
By ActiveRain City and State Listing Group
The housing market, whether we like it or not, in most parts of the country, has gone stagnant, or at least slowed. The few places in the country where it is vibrant and healthy is a minor factor in helping the economy right now.It seems a lot of dominoes have fallen and everyone is waiting for someone else to stand them back up again. Until the demand creeps back into the markets that have gone stagnant the other markets cannot begin their upward sales trends. Once the news becomes more positive about all kinds of investment markets (stocks, bonds, real estate) then we will see people begin their old habits of spending, buying and selling and taking risks. Right now, not many people are willing to spend or take great risks.Risk, of course, is what makes some people rich, so it will eve...
Comments 18
Explore Asheville, NC