Asheville, NC Real Estate News

By ASHEVILLE REALTY REFERRAL RESOURCE 828-776-0779, CONTACT janeAnne365@gmail.com
( REAL ESTATE REFERRAL NETWORK )
                                                                                                UPDATE: After the meeting, clients decided to move forward with looking at various possibilities for this infill project.     SCENARIO:    Before deciding how to position an infill project for development and sale, as you may recall from Part I of this series, we decided that very savvy planners, on the leading edge of sustainable innovation and design would be called upon to review "the case"...planning professionals, eco-developers, architects, and so forth ... . As I mentioned in Part I of A REALTOR'S® Perspective: The Anatomy, Design & Development of an "Infill Project"  ..."Let's do a bit of ‘due diligence' before the fact, " ...   THE TEAM PROCESS: First up...David Tuch (environmental d...
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By ASHEVILLE REALTY REFERRAL RESOURCE 828-776-0779, CONTACT janeAnne365@gmail.com
( REAL ESTATE REFERRAL NETWORK )
Scenario: He found me at Active Rain. He was looking for answers about infill projects, design and development and the new urbanism. He told me he had read my entire BLOG. I was honored. We emailed  back and forth a few times.  He called to set up a meeting to look at his mixed useproperty. He and his wife, whose life work has been with autistic kids, are ready to "un-retire"... First Meeting: We sat together in the welcoming kitchen in their home of 20 years. A restored "neo-old-Miami" (I'll have to ask Ines about that) the home has a flat roof that could be a green roof,  is situated, along with an artist's studio/workshop on about 6 acres, and has a sense of place that cannot be denied. We look at the survey. I note that one of acres could be parceled off to be developed for commerci...
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By Michael Zullo
(Keller Williams)
The Asheville Market continues its slide but prices are holding. The Asheville area had a 60% drop in total sales for the month of October over last year. While that might seem to be a scary number, the average sales price is and the average days on market has remained the same. Listing continue to be on the rise overall and pendings are still down about 60%. Yet houses do sell and in fact there are several with multiple offers. It just means that if you price the house correctly it will sell, if not buyers will look somewhere else. More analysis of October and YTD numbers later. Michaelwww.kellerwilliamsasheville.com
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By ASHEVILLE REALTY REFERRAL RESOURCE 828-776-0779, CONTACT janeAnne365@gmail.com
( REAL ESTATE REFERRAL NETWORK )
   Asheville Area Neighborhoods:  Fairview Forest and the Asheville NC -Fairview Community         Asheville NC's  neighboring FairviewCommunity boasts a sumptuous mix of desirable homes and land. Take, for example, theprivate community of FAIRVIEW FOREST. It enjoys approximately 700-800 acres, almost a hundred homes, and nearly ten miles of roads. Such are the dreams of golfers, retired executives, and investors in second and vacation homes.  Here a diverse group ranging from young families to retirees which includes writers, artists, consultants, service providers, and administrators enjoy a sustainable, eco-friendly community. Ask me why I loveI love the Fairview NC area and Fairview Forest. I love it because homes are sited to takea dvantage of views and passive solar opportunities....
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By ASHEVILLE REALTY REFERRAL RESOURCE 828-776-0779, CONTACT janeAnne365@gmail.com
( REAL ESTATE REFERRAL NETWORK )
De-Mystifying the "Green-THING"Green Homes & Land, Various Verdant Variables & Gorgeous Green "Complexions"--A Mystery?Here's a solution. Take a look at the photo to your left.  It could be a quick reference point. I took it overlooking the valley that rolls out beneath my home here in Asheville, North Carolina. At first glance, you notice what appears to be a colorful array of flowers and berries, right?  But take a second look. Those aren't berries; they are buds. And do you see a "tiny" home (on your left) in the distance?  Wing across the valley with me now.  Land on the rooftop of that "not-so-tiny" 5,000 sq. ft. home. Aha! It's a whole new world. Like the scene in the photo, the "complexion" of sustainable development and green-built homes is varied and variable, depending on you...
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By Michael Zullo
(Keller Williams)
Recently, there have been several articles about mortgage money here in Asheville. Let me make it clear, there is money and it is competitive. You still can get a loan even with OK credit. A recent article indicated that you should not use a mortgage company that is part of a real estate company as the rates will not be as good as an outside lender. While that may be true in some cases, one stop shopping will make the transaction smoother and relieve many of the usual worries. Check around first and then check the inside mortgage company. Remember, they work closely with your agent and would not be there if they could not perform. They also would not be there if their rates were not competitive. You cannot always control outside mortgage lenders deadlines and requirements, but you can g...
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By Michael Zullo
(Keller Williams)
Well the best answer to the question is....it depends. Asheville has a vast price range. Homes, manufactured homes, cabins begin at $59,000 and range up to luxury homes in the millions. We currently find that the best seller's market is anything below $200,000. From that point Asheville homes become a buyer's market. The higher the asking price the more buyer's market it becomes. Certain neighborhoods are also on the border of seller/buyer market. West Asheville more of a seller's market and Fairview more of a buyer's market. Check with a Keller Williams agent as to the latest report on these numbers. Michael www.kellerwilliamsasheville.com  
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By Michael Zullo
(Keller Williams)
The Asheville Real Estate market continues to slide as does all of Western North Carolina. The results of the 5 county WNC Regional Mls system of total home sales is as follows:September 2006---------------------September 2007Homes Sold 782 ---------------------- Homes Sold 537Average Days on Market 87--------- --Average Days on Market 102Median Selling Price $218,500------- --Median Selling Price $225,000Sell Price Volume 228,142,543------- --Sell Price Volume 154,915,195This shows a 32% decrease in volume from last year. Similarly there is a 31% decrease in the number of homes in the Asheville area, sold. This is an accelerated trend from earlier this summer. It could be a cold, old winter for Real Estate in Asheville, if this continues.www.kellerwilliamsasheville.comMichael
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By Michael Zullo
(Keller Williams)
So you've thought about moving to Asheville. Is it a good time to buy Real Estate? Are prices going up or down? Obviously, these questions can't be answered with a generic answer. It depends on where and what price category you are looking for. Right now we find most properties under $225,000 are in a sellers' market. This means that these properties are on the market the least amount of time and may have multiple offers. If you are in the $300-400,000 range, it clearly is a buyers' market. Prices are not rising in this area and very few are going under contract. This is the range that has the most properties for sale and it keeps rising every month. If you are looking in this price arena in the Asheville area you should get a pretty good deal. The best time to buy in any market in Ashe...
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By Michael Zullo
(Keller Williams)
The market in western North Carolina continues to stagnate with September numbers showing a 17% decrease in total sales from last year. This is a year to date number. However, the pendings are down a mere 5% which may indicate a leveling off of the market. Expired listings, though, show a 50% increase over last year at this time along with over 50% increase in withdrawls. More information October 1.
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By Gabe Swinney Asheville New Urbanism
(Gabe Swinney)
                                                                                                                           During an average day spent focusing on the Asheville ECO Real Estate Market there is always time that needs to be allotted for education. with new technology coming out almost every day the Green and ECO Home is a constantly evolving entity. Earlier today I came across a new development in Solar Power that blew my mind and had my imagination going faster than you can say sun spots. The new technology is called Organic Solar Cells. Traditionally solar cells have been made using purified silicon. However scientists have been exploring the possibilities of a solar polymer, one that could be painted into laptops, cars, etc. They say this line of research could lead to...
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By Jeff Link, "Your Asheville Real Estate Link"
LocationAsheville, NC 28803AvailableNowPriceKeller Williams Professionals/ AshevilleJeff LinkAsheville, NC Video Photos Mapthe Ramble of Biltmore ForestMore Info at: Asheville North Carolina real estate consultantThis is a video I did while driving through the new section of the Ramble of Biltmore Forest. The Ramble of Biltmore Forest is ideally situated within minutes of Hospitals, area schools, and convenient to Asheville's abundant shopping and restaurants. You can easily be in downtown Asheville in fifteen minutes.Powered By Wellcomemat
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By ASHEVILLE REALTY REFERRAL RESOURCE 828-776-0779, CONTACT janeAnne365@gmail.com
( REAL ESTATE REFERRAL NETWORK )
  update: if you like this post, please subscribe to my blog! Thankyou!REALTORS'®Due Diligence- Check out THIS list. Leaking Underground Storage Tanks   (LUSTs)                            LandfillsSuperfund SitesWater Quality Assurance Revolving Priority Fund SitesEPA Proposed Superfund Sites (CERCLIS)Hazardous Waste Sites Hazardous WasteOOOO-YUCK! Who wants to talk about all this gookie-stuff? Raise your hands.Do I see one-hand? Do I see a few hands? Show me a few hands. Let me tell you a true story. Then maybe those hands will show up.  Recently, we were on the hunt for land for a sustainable, green development for one of our clients. We were excited to hear about 60+ acres that overlooks the gorgeous French Broad River and guards the view from lofty heights where there are innumerabl...
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Years ago people used to say that you could play Golf at one hundred courses within an hour of the Asheville Airport. I haven't heard the count lately, but I can assure you that the last fifteen to twenty years have seen many a new one appear out of the Blue Ridge landscape, with more to come shortly.The latest and greatest, heard today is that Tiger Woods will design the course at the latest Cliffs project "High Carolina' in Fairview, an eastern suburb of Asheville. He has to date, designed one course, and that was in Dubai. A quick $20,000,000 plus, pay day for this next effort. Good for him, lucky for Buncombe County! Apparently Tiger himself will be in the area to announce the news formally next week.Walnut Cove, the first Cliffs development in our immediate area (there are a couple...
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By Kate Brantly
(Brantly Realty Co)
In their mid fifties,  an early retired couple, great friends, and sometime clients' of mine, are definite music aficionados. Multiple I Pods are programmed with a myriad of seventies and eighty's music. Their banner week locally, included both Chicago , and the B 52's. What a lovely musical walk down memory lane, not to mention brilliant back drop, as the concerts were set on the lawn at the magnificent Biltmore Estate.A few weeks ago the younger set were all abuzz over several concert dates available to rock to the favored Smashing Pumpkins. At the Brevard Music Center one can choose from any number of types of concerts every week in the summer months, and enjoy a picnic with friends on the grounds which are charming, lakeside.The WNC area has long been a breeding ground for new music...
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By ASHEVILLE REALTY REFERRAL RESOURCE 828-776-0779, CONTACT janeAnne365@gmail.com
( REAL ESTATE REFERRAL NETWORK )
NEWS for BABY BOOMERS ALFA  produces the most authoritative and comprehensive publications and reports on assisted living, as well as important market research studiesSO! have you heard?  GOOGLE is going GREEN. They have chosen one of my favorite architects in the entire world, William McDonough. You can expect amazing news on that front.  Daily, such eco-nomically friendly news impacts trends in the real estate market.  I've written about this for what seems like a cyber-time dinosaur's age.  AND!   What else is NEW?                                            The Baby Boomer Blast HELLO! Get ready Asheville's "green" real estate market, the baby boomers are on their way.  They could be getting ready to leave their old nests and fly  your way,too And they could create business in your n...
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By Gabe Swinney Asheville New Urbanism
(Gabe Swinney)
            Browsing here and there through the innumerable blogs on ActiveRain gives me the same feeling as spending the afternoon at the public library.  I know there is more content then I am immediately looking for, and I know where I am likely to find something of interest by one of my favorite authors.  I was walking down these virtual halls today and I came across a post or two mentioning the slowing down of the housing market this year.  I spent a moment thinking about how this natural ebb was effecting my life and business here in Asheville, North Carolina.     It is true that the market here is still really good but it is also true that the market is feeling the influence of the nation wide climate.  One way that I have seen it manifest itself is that people have started think...
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By Gabe Swinney Asheville New Urbanism
(Gabe Swinney)
      I have to say that I really enjoy traveling and when you travel it is difficult to avoid the question of your origin, "where you from?", "are you from around here?",  "is this your first time to ______?".  Having had to face these questions a myriad of times I have learned to look forward to the reaction I get when I say Asheville.  When it comes to Asheville, North Carolina there is no middle-ground, either you know it, love it, and plan to move or retire here, or you have never heard of it.  This creates a phenomenon that allows all of us who are "in the know" a small satisfaction, as if we were members of some secret club. Over the last few days I have been one of the many fortunate festival goers to grace the streets of downtown Asheville during the annual three day street fe...
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By ASHEVILLE REALTY REFERRAL RESOURCE 828-776-0779, CONTACT janeAnne365@gmail.com
( REAL ESTATE REFERRAL NETWORK )
  "Can You Recognize a QEP When You See One?" my clients inquired.  And I was soooo happy I could answer in the affirmative. It doesn't take much to be QEP-prepared, but just in case you don't know what I'm talking about, tonight, I'm sharing a few QEP tidbits you might like to have.  But first a little background: My clients, a retired airline pilot and his ("still at it") CEO wife,  (she's in the software business supplying the airline industry) are excited about real property investment.  We've had our initial sit-down meeting to make sure we're on the same "landing-strip" with this high-energy duo. We know they are looking for energy tax credits plus the tax advantages of a 1031 Exchange. Their 1031 is a bit unusual. They will be relinquishing their private jet and exchanging it for...
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By ASHEVILLE REALTY REFERRAL RESOURCE 828-776-0779, CONTACT janeAnne365@gmail.com
( REAL ESTATE REFERRAL NETWORK )
Not all THAT long ago,  a phenomenon took place right here at Active Rain. A conversation that started as the simple sharing of information on a post by AR's own Jeff Geoghan ,  opened up a flood-gate of interest about high-performance homes and what real estate professionals need to know about them! Soon,  Gary Smith, Realtor®, e-PRO, RECS , Buzz Holtvluwer, Mary Bigelow ,Sharon Simms St Pete Florida CRS CIPS CLHMS , Michael Eisenberg, (many of hwom yu may know) had something to say. And as of today, Jeff's post has elicited over hundreds of comments.  ..in the AR community.  This conversation , like a gigantic waterwheel, (see photo I took)  really delivers!   AR members, here is news about the latest developments  in high-performance homes that will help you be RED HOT Points: 1) fi...
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