Asheville, NC Real Estate News

By ASHEVILLE REALTY REFERRAL RESOURCE 828-776-0779, CONTACT janeAnne365@gmail.com
( REAL ESTATE REFERRAL NETWORK )
Recently, not half an hour's drive from Asheville, N.C, (where our real estate market remains vital, ) we spotted a sign, obviously done by a local artist. It read, " green homes for sale in this Asheville burb..." "Burb"?  What does that mean, I wonder. . . I asked an eco-savvy husband and wife team what about this...and they had to laugh . Their goal  is to develop a conservation subdivision. They want to partner with eco-minded people interested in, among other things,  eco-innovation,  energy efficiency, true-green-built homes, water conservation, and the creation of economic opportunities for the local communities.  Maybe that's what that "burb" thing was all about. But the couple are looking, too, at  land legacies. So the land surrounding their eco-development , if it hasn't been...
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With Asheville being described as a highly desirable area to live in so many magazines, it is no wonder the demand for housing close to downtown has exploded. Condos make the best choice for new construction or building revitalization.To say that downtown Asheville is unique and eclectic is an understatement. It is the reason so many folks have said they want to live as close to town as possible. That has opened the door for the condo developers to step in to accommodate that ever increasing market.Old buildings are being renovated. Locations that were not all that desirable are being purchased with the developers charging ahead on the projects they see as necessary and potentially profitable. City Council is being inundated with planning and zoning requests for new projects.Many inves...
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By ASHEVILLE REALTY REFERRAL RESOURCE 828-776-0779, CONTACT janeAnne365@gmail.com
( REAL ESTATE REFERRAL NETWORK )
Ah yes! Glorious GREEN Books...books about sustainable practices, sustainable innovation in building and architecture, remodels that make sense and save cents...healthy living at home...and real estate...It's about time to add a few to the ever-growing library...catch up on some reading about the red hot green trend in real estate these days. But where to start? I headed on over to Google to see what might work for us. At EcoBookNET.net I was amazed and delighted with what I found...What an incredible collection of glorious Green Books! ... I have a number of these books in my collection. I am a Big Fan of William McDonough as you might know from reading my BLOG.I have his books.   I know Clarke Snell, (book notes on his book appear in Part I). I'm on the local Asheville Board of Direct...
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Buncombe County, NC Real Estate Market Statistics - February 2007 and 2008Once again, we have seen an increase in the number of single family units on the market, by a significant amount, but a decline in the number of single family units sold, also by a significant amount.The trend that we seem to be bucking is the Average Asking and Median Asking Price of those units available. They have had a steady increase upward, rather than the downward trend the media is talking about in other parts of the country.That could also be why we have sold a smaller number than usual this year.Post you listings and market reports at the Group: http://activerain.com/groups/CityStateListingsReports
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By ActiveRain City and State Listing Group
Asheville can no longer escape the fact that we are seeing the same trends that have been occurring in many parts of the country. Asheville and Buncombe County are being affected by the supply and demand rule of business. Our sales are down significantly. The pundits claim there is a pent-up demand for the Asheville area, but buyers must first sell their properties in the part of the country they now live in first, and many of the other areas of the country are still struggling.Asheville and Buncombe County however, are still experiencing somewhat of an unusual phenomenon. Our market has slowed, yet our prices are going up on the existing inventory.We actually set a new record high on the Median Asking Price in January.It appears that the lower priced homes (those under $250,000) have b...
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By Gabe Swinney Asheville New Urbanism
(Gabe Swinney)
     Asheville New Urbanism New Urbanism is a powerful growing force in the Asheville green real estate market.  In many ways the traditional neighborhood design is a knight in shining armor for the Asheville area during this time of rapid growth.  one of the reasons for this praise is that New Urbanism inherently works against urban sprawl.  This development design standard also tends to attract a demographic who appreciate green development, community, and the great outdoors.  All of these things are values that Asheville is known for.The amazing growth that the Asheville region has been experiencing has raised many questions about maintaining our unique sense of place as well as our environmental standards.  As growth is unavoidable the best course of action is responsible growth.  T...
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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.65 parcels have been Sold in 2008 with an Average Sold Price of $188,156.A breakdown of those sales looks like this:25 parcels were under 1 acre with an Average Sold Price of $101,849.26 parcels were between 1 to 2.99 acres with an Average Sold Price of $198,866.2 parcels were between 3 to 4.99 acres with an Average Sold Price of $100,000.4 parcels were between 5 to 9.99 acres with an Average Sold Price of $390,000.3 parcels were between 10 to 20 acres with an Average Sold Price of $310,875.There are currently 2138 parcels of any size on the market with an Ave...
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  Buncombe County is the home of Asheville, NC. Asheville 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 now seen a dramatic slow-down of Sold homes, and increase in inventory, and a noticeable drop in "pending" listings. What is a bit confusing is the fact that our prices have actually risen in many cases and the number of homes under $100,000 have been greatly reduced.The two numbers that seem to tell the story of the Asheville market appear to be the number of homes under...
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By ASHEVILLE REALTY REFERRAL RESOURCE 828-776-0779, CONTACT janeAnne365@gmail.com
( REAL ESTATE REFERRAL NETWORK )
SO...   life is good. Today I got a "wish" list from an eco-savvy client longing to relocate to Asheville where the vocal demand for Asheville Green Real Estate and HealthyBuilt® Homes definitely is on the rise. You should know that when clients relocate to Asheville, we always ask them to provide a list of their Top 10 Must Haves in terms of "Green" features....That's what arrived today...When you look at  their Eco-Friendly Must Haves, you may wonder how we ever are going to be able to satisfy all these "green essentials"...But never fear, here in "green" Asheville, where the green real estate is more and more in demand, we may surprise our clients with meeting their wishes...and YOU.  Asheville Green Real Estate "Must Haves" List 1. On the way in...the driveway ... unpaved and pervio...
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By Gabe Swinney Asheville New Urbanism
(Gabe Swinney)
  Over the years I have been privileged to have lived in and visited many wonderful places.  Asheville, North Carolina is one of the places that I am most proud of having in my life.  Seeing this fair city develop and gain the fame and respect she deserves could be likened to dating a girl in high-school who would one day become a movie star and warmly watching her glowing career assured that she still loves you.  It is true that more and more people continue to move here trying to see what the "happiest city in the country" has in store for them.  And even though this place seems to draw the socially and environmentally conscious it can still be a tad bit unnerving to witness such growth.  Sometimes its enough to make me consider switching careers from sustainable real estate and conse...
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By ASHEVILLE REALTY REFERRAL RESOURCE 828-776-0779, CONTACT janeAnne365@gmail.com
( REAL ESTATE REFERRAL NETWORK )
UPDATE: October, 2008 With an economic situation with particular challenges at hand, I'm asking 1031 Like-Kind Exchange Guru,  Matt Linville to weigh in on this again. And in the meantime, here's an Asheville 1031 review...   Recently, I happened on an article about  Lunch and Learn, a program designed to expand training and development for staffers.  Lunch and Learn, I discovered ,could work to expand our real estate and real estate services training with a multi- outreach and professional education program. Because we are an Asheville Firm with a focus on 1031 Like-Kind Exchanges, this seemed like a great opportunity for staff and clients alike. So, we opened our office doors to the public and inaugurated a "green investment (1031s encouraged) and sustainable issues"community and neig...
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By ASHEVILLE REALTY REFERRAL RESOURCE 828-776-0779, CONTACT janeAnne365@gmail.com
( REAL ESTATE REFERRAL NETWORK )
Living "Green".  It's About the Positive Momentum                                                                            One mellow afternoon last summer, as we watched the sun filter thorugh an old, old tree, a novelist and client-friend of ours talked about living "green" as we headed back from our review of some amazing conservation land.  A " rare bird", this author, a family man, an outdoorsman with the means to invest in what matters most to his heart, namely conservation real estate in the Greater Asheville area, is also a new urbanist. With both these perspectives in mind, that day, I asked him what living "green" was all about. Without hesitation, his fingers keeping track, he counted out:1)    BE humane- from the inside-out. Call your neighbors and talk before you make jud...
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By Gabe Swinney Asheville New Urbanism
(Gabe Swinney)
 Asheville Waterfall Properties   As a green real estate agent I have many workplaces.  Sometimes my office is my car sometimes its the local coffee shop. I could just as easily find myself on a ridge top as the actual office itself.  That being said, some of my favorite places of work are the Asheville waterfalls.  And there are millions of gallons of them.  There are few things I know of in this world that are more relaxing, enchanting, and soul cleansing than the sound of falling water.  Bearing witness to the mountain springs as they tumultuously careen their way down the slopes eventually join the French Broad or Catawba rivers is certainly one of the jewels in the Asheville crown.  A lot of Asheville's waterfall properties are protected by the state or federal government, set asid...
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My last two blogs were about a seller of 52 acreshere in the Asheville real estate trying to sustainably develop his property without having to sell to a buyer who wants to do a traditional development of singe family homes with 4 homes on an acre lot. Bill, the owner has created several different options of how the land might be used as a green development, but as I indicated my boss Janeanne and I did present him with one other option and that was to create an Eco-Village or Conservation Subdivision on his property. Bill has studied these type of development concepts over the years but  is somewhat hesitant to create an Ecovillage plan because there are so many potential variations of this design that someone would like. His initial strategy is to let potential investors decide what ...
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By John Narrin
(ECO-Steward Realty)
Hello . This is my first post. I am happy to find out about Active Rain and especially to find all the green and eco-friendly information here. As a "green" buyer's agent and REALTOR in Asheville,NC I spend most of my time in previewing and finding residential properties that are energy efficient and sustainable for clients,but also look for land.  Whether finding green homes or land, this is something I can get excited about because everyone benefits. I have wondered if "green" is as popular in other parts of the country as it is here. Judging from what I am reading here, it seems that Green Real Estate is a trend not only in Asheville, N.C. but across the USA. With this in mind, I look forward to innovation in real estate and lots of good possibilities in 2008 and into the future,but ...
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 The first part of this blog  began with my finding some very beautiful property in the Asheville, North Carolina real estate market for clients who are looking to build a green, dog friendly community. The owner, Bill, very much wants a conservation subdivision on it,  but has  serious cash flow problems and is facing having to sell to traditional developers who will build homes on quarter acre lots. To make matters worse, Bill and his wife, their children and families all live on property adjoining the land that is for sale, so their view-shed and neighborhood will be directly affected by any development that occurs on the land.  So Bill is effecting stalling the potential traditional developer while he and I start to think of other potential ways the land could be used.  One scenario...
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Just like many parts of the country Asheville and Buncombe County are being affected by the supply and demand rule of business. Our sales are down significantly. The pundits claim there is a pent-up demand for the Asheville area, but buyers must first sell their properties in the part of the country they now live in first, and many of the other areas of the country are still struggling.Asheville and Buncombe County however, are experiencing somewhat of an unusual phenomenon. Our market has slowed, yet our prices are going up on the existing inventory.We actually set a new record high on the Median Asking Price in January.It appears that the lower priced homes have been selling leaving behind the more expensive homes, which has contributed to this upward tick in prices, rather than causi...
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By Gabe Swinney Asheville New Urbanism
(Gabe Swinney)
   Asheville Conservation Land Broker Lately I have been thinking quite a bit about what an adventure working on land deals around Asheville, North Carolina is.  The familiarity with the land that is demanded by this work makes me reminiscent of my time working in the Alaskan Wilderness.  These days there are so many factors and big players stepping up to the Western North Carolina mountains that it can often be complicated as well as a test of one's ethics.  I believe that it is at times like these that we must cling to our values the strongest.I can fondly remember so many nights in the wilderness wrapped snuggly inside a sleeping bag and pouring my mind over a map by the light of my head lamp before closing my eyes for a well earned rest.  These days the office has transformed from a...
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By Bill Westel, ECO
(Eco-Steward Realty)
It all started out innocently enough. I had some clients that were looking to build  a green conservation development that would also be very dog friendly. These buyers were interested in obtaining a piece of property of at least 20+ acres fairly close to downtown Asheville owned by a seller willing to do some owner financing.  I found a very nice 29+ acres in the town of Weaverville located only 15 minutes from downtown that bordered an existing 52 acre, 50 lot green subdivision, meaning all homes there would be built to Healthy Built Home standards( not crazy about the density of this subdivision, but more on that later). Asking is price 1.9 million. The land is rolling with two distinct knolls that have great views to the east, south, and west. In addition, the seller also owned the ...
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By Gabe Swinney Asheville New Urbanism
(Gabe Swinney)
  Asheville, North Carolina the shining green star of the east is closing in on another fantastic innovation that will permanently improve the quality of life in Western North Carolina.  The Asheville Greenways Plan will soon connect the lives of thousands of residents in a whole new way.  After all, what is better than a walk down a trail on a beautiful day?  Now imagine if some of your favorite trails that you hike, bike, or just meander down could be transplanted and dropped in place to connect your neighborhood and your place of work or perhaps your downtown.  If you can visualize that then your starting to catch a glimpse of the future in Asheville and its surrounding towns.  Already well underway, when the Asheville Greenways Project is complete there will be a minimum of 14 corri...
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