Asheville, NC Real Estate News

By ASHEVILLE REALTY REFERRAL RESOURCE 828-776-0779, CONTACT janeAnne365@gmail.com
( REAL ESTATE REFERRAL NETWORK )
 WHAT  we see   redefines HOW  we see a property. ..the saga continues...I'm looking for a way to measure the change in perception based on what people choose and what they need.  I have a hunch that an hour or two plying the ins and outsof our handy MLS System might provide the frugal sleuth the stats for which s/he hunts. For me, putting numbers on my instincts as a REALTOR® feels a little dangerous. I don't want to lose my intuitive edge. But I'm up for the adventure, so I've set out on a search for stats. ..in the GREEN arena, of course. (I'm smiling) What intuition and observation tell me: I am aware of a bubbling apprehension in  the Appalachians when it comes to  mountaintop removal ... I have witnessed some pretty noisy community meetings about such topics. Then there have been ...
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By ASHEVILLE REALTY REFERRAL RESOURCE 828-776-0779, CONTACT janeAnne365@gmail.com
( REAL ESTATE REFERRAL NETWORK )
Future Planning.Lately, I have been thinking a lot about what's ahead for us in the real estate industry. ..say in 2010. ..and researching, gathering data, raising my antennae...getting familiar with market demand statistics  I  am seeking a "heads-up" on promising trends-such as:          1. trend toward "human scale" design           2.trend toward sustainable development          3.trend toward environmentally-sensitive communities         4.trend toward less size with more bling-bling Some of you may know that #1-4 + are near and dear to my heart. But what you might not know, and what I certainly didn't expect  when I started my sleuthing for the future, was that this exercise would lead me actually to redefine how I see properties. WHAT  we see  as a REALTORS®  redefines HOW  we se...
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By Althea Mathews
(Appalachian Realty Associates)
Single Family Residential HomesNumber Sold: 126Median Sale Price: $234,950Average Sale Price: $308,984Average DOM: 60Condos Number Sold: 21Median Sale Price: $198,000Average Sale Price: $264,712Average DOM: 203Townhomes Number Sold: 10Median Sale Price: $173,900Average Sale Price: $216,144Average DOM: 72Source: Search performed in the WNC Regional MLS. Search excludes manufactured and modular homes
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By ASHEVILLE REALTY REFERRAL RESOURCE 828-776-0779, CONTACT janeAnne365@gmail.com
( REAL ESTATE REFERRAL NETWORK )
We were out on 35 acres today, looking for a well. This is beautiful acreage, perfect for an equestrian retreat. It is level at the bottom, then rises gently thorugh a series of hills to the viewpoint high up the mountainside. But where was the well? We had hints from the owners of the property of where it might be located, but this acreage is a 1031  investment property for them, they had walked it once or twice, and they weren’t sure if they had even seen the well. They thought they remembered the former owners saying it was at the summit near a rough cabin. So we found ourselves bumping over steep terrain and wet leaves to reach that likely place where that illusive well might be. Have you ever tried to find a well on 35 acres with only hearsay as a clue? Let me tell you, it is quite...
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By ASHEVILLE REALTY REFERRAL RESOURCE 828-776-0779, CONTACT janeAnne365@gmail.com
( REAL ESTATE REFERRAL NETWORK )
Home owners as well as second/vacation home investors in Asheville’s “Green” real estate market have certain advantages. In the Greater Asheville area, where using green technology is becoming more in demand each year,   there are 374  “Green” homes currently  being built and 24 on the market.  The demand for NC Healthy Built® Homes has not been lost on a group of 200 or so local REALTORS® ECO Agents(like the two Brokers shown in the photo toyour left) who are educating themselves on the benefits and features of environmentally responsible construction. In fact, a number of ECO certified real estate professionals have completed the 36 hour ECO agent course . These professionals have chosen to better understand the factors that  go beyond the monthly reductions in energy bills.They know ...
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By ASHEVILLE REALTY REFERRAL RESOURCE 828-776-0779, CONTACT janeAnne365@gmail.com
( REAL ESTATE REFERRAL NETWORK )
The variety and sheer landscape majesty of  Western North Carolina has always attracted people to the Greater Asheville(Buncombe, Madison, Yancey County) area. It's like finding treasure right here in our Appalachian Mountains. In the past, it was not too difficult for people to secure significant tracts of land here in the Appalachians,whether for investment or for other use. However, today locating attractive acreage for sale in Buncombe and/or adjacent counties can be challenging.In fact, there is only  one large land tract (of  almost 800 acres) that is commonly known to be available in Buncombe County. The tract is old family land, some used for farming, some for timber. Level to rolling, it is forest land with awesome views, waterfalls, streams. Because of its unique quality, it i...
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By ASHEVILLE REALTY REFERRAL RESOURCE 828-776-0779, CONTACT janeAnne365@gmail.com
( REAL ESTATE REFERRAL NETWORK )
Mysteries abound in Buncombe County, North Carolina where I make my home.The Cherokee have lived in this area for a very, very long time, certainly longer than the Scots-Irish and other European immigrants.The Native Americans say that they were NOT the first ones here, however.One great-grandmother told me that her Mother’s Grandmother told her strange tales of tiny white men with 'almond shaped eyes' living in this area long ago. The oral tradition coincides with Native American Crowand also early adventurers such as trappers and members of military survey expeditions who found tiny graves here and there throughout this area. OK. Tiny white men with 'almond shaped eyes' ...no wonder Mysterious Buncombe County (Greater Asheville Area) is a thriller!  Seems like everyone prizes this lan...
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By ASHEVILLE REALTY REFERRAL RESOURCE 828-776-0779, CONTACT janeAnne365@gmail.com
( REAL ESTATE REFERRAL NETWORK )
 In an effort to encourage U.S. cities to achieve independence from foreign and environmentally harmful energy sources, fourteen (14) US cities have, as of August, 2006 signed on to the Energy Freedom Challenge      These Fourteen Founding Cities, aka  America's Race to Independence through Renewable Energy are Sacramento, Albuquerque, Eugene, Ann Arbor, Boulder, Santa Barbara, Santa Monica, Alameda, Cuyahoga Falls, Willits, and Moab. You will notice that our Beloved Asheville is not  on this list...YET...However, we have an incredible City Council (see photo)  and we are hoping we can let them know how much we would like to participate in the  Energy Freedom Challenge  for the Year 2007. Pictured here are Mayor, Terry Bellamy, in red, Councilman Brownie Newman, Councilman Bryan Freebor...
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By Althea Mathews
(Appalachian Realty Associates)
Real estate broker Lee Pantas recently released the third edition of his best selling guidebook entitled The Ultimate Guide to Asheville & The Western North Carolina Mountains. The book comprehensively covers area attractions, lodging, restaurants, outdoor recreation, schools, shopping, and relocation information for the entire Western North Carolina region.To obtain your copy or read about daily Western North Carolina events, visit http://www.ashevilleguidebook.com/.
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By ASHEVILLE REALTY REFERRAL RESOURCE 828-776-0779, CONTACT janeAnne365@gmail.com
( REAL ESTATE REFERRAL NETWORK )
Our real estate practice thrives not only because we are in the hugely desirable location, Asheville, North Carolina, but because we offer extensive service to our clients. That service extends out to the community.Back in 2006...we decided to open a portion of our building as a community meeting and learning place.Our lively group of real estate professionals began talking about the benefits of an educational forum, and this has turned out to be an exciting new direction at The ECO-STEWARD Firm here in Asheville. In 2007, we have utilized our new facility,the totally renovated 1923 Craftsman brick bungalow,(seen in the photo I took to the right)  as more than a place to meet clients. We have invited guest speakers, artists, and culinary pros to share ideas, creations and good-eats with...
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By ASHEVILLE REALTY REFERRAL RESOURCE 828-776-0779, CONTACT janeAnne365@gmail.com
( REAL ESTATE REFERRAL NETWORK )
Markets stats say that a trend toward sustainable housing , the so-called "Green Market" is assured. Possibly this has a connection to "a common good”, and/or possibly we are looking at dollar opportunity in the form of a growth industry similar to  the computer industry 20 years ago. That industry produced more jobs, more income, a healthy economy. If I were to predict the direction of 2007 and beyond, I would be looking  in the areas of environmentally conscious endeavor.So, I'm looking out my lace-curtained windowrealizing it is not always easy to predict the "true colors" of the future,and thinking this could be mighty interesting. How will this play out in terms of Western North Carolina and Asheville's real estate market….Looking down the road, I know I have to be informed about E...
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By ASHEVILLE REALTY REFERRAL RESOURCE 828-776-0779, CONTACT janeAnne365@gmail.com
( REAL ESTATE REFERRAL NETWORK )
Although I am a Land Specialist in the Asheville and Greater Asheville, N.C. area — (I focus on conservation developments/Preserves such as Creston Preserve and the ECO Horse-Friendly Walnut Creek Preserve as well as other “ECO conscious” investment real estate)— at least once a quarter I amble on over to take a peek at what’s happening in residential sales in our area here in Western North Carolina. I don my (green) glasses and wander through the stats and then start a dialogue that is usually VERY interesting!Here's the scoop from my research: Residential Sales in the Asheville and Greater Asheville Area – First Three Quarters+ 2006North Carolina continues to see a rise in-the amount of homes sold in 2006. Sale prices continue to climb and the averagenumber of days a house is on the m...
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By ASHEVILLE REALTY REFERRAL RESOURCE 828-776-0779, CONTACT janeAnne365@gmail.com
( REAL ESTATE REFERRAL NETWORK )
Have you ever wondered what the secret of longevity in the practice of real estate IS? I have. I have spent many long hours pondering how to make my career prosper (and me , too) and have come to the conclusion that there are uncommon advantages in capturing unique the market niche, especially in my home town of Asheville, N.C.First of all…a question…how do YOU pronounce “niche”?...Is it “neeesh”..or “nitch”..Last week I distinctly heard Candace Bergen pronounce it “neeeeesh” on Boston Legal…Oh well, it matters not how we pronounce it, really.. because the point is, finding a niche that works for you as a professional real estate person is , I think one of the most important aspects of success in this business. …Whether a property is commercial, residential or, my favorite, LAND/ acreag...
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By Althea Mathews
(Appalachian Realty Associates)
The Asheville Home Builders Association and Asheville Citizen-Times present the 2006 Parade of Homes Saturday and Sunday, October 14-15 and 21-22.The four-day event allows participants to view 48 custom-built and built-to-sell homes from area builders. New designs, styles, green building techniques, and energy efficient features will be showcased.A guide with the features, floorplans, builder profiles, and directions to each home is available in today’s Citizen-Times. Each home is open from 1-5 pm.
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By Althea Mathews
(Appalachian Realty Associates)
The Mountain Living Log & Timber Frame Home Show comes to the Asheville Civic Center today from 12-7 pm. The show will continue Saturday, 10 AM-7 PM, and Sunday, 10 AM-5 PM.The show, produced by Western Carolina Productions, Inc., will showcase log and timber frame designs. Manufacturer’s representatives and builders as well as several other related exhibitors will be present.Five free seminars are offered all weekend, including Demand Control of Your Electric Bills, Elements of a Successful Log Home Experience, Landscaping for the Future, Decorating Your Unique Home, and The Whole House Concept of Timber Frame Building.A one day pass is $12. A 3 day pass is $24. For more information, call (828) 628-9626. or visit http://www.logshow.com/.To find the perfect setting for your log home, vi...
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By ASHEVILLE REALTY REFERRAL RESOURCE 828-776-0779, CONTACT janeAnne365@gmail.com
( REAL ESTATE REFERRAL NETWORK )
OK! What Are These 1031 Exchanges...REALLY!??  Some Say "Pure Possibility!"We all may be familiar with the standard definition...."The 1031 Like Kind Exchange is a transaction that involves property held for productive use in a trade or business or for investment (except inventory and stocks and bonds) for property of the same type."These little tax-deferral treasures have various monikers:"1031s", "Like Kind Exchanges",  "Starker Exchanges", "Deferred Exchanges", "Land Swaps", "Trades". OH! and the 1031s can include real property, fleets of equipment such as airliners, trucks, buses, and so forth.Maybe that's why I have  met a few people who just worry and wonder about this tax deferred possibility. I decided I had better get educated on the subject...I am no expert, but along the way ...
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By Althea Mathews
(Appalachian Realty Associates)
Yahoo! Real Estate recently published an article discussing whether a national real estate bubble exists. The article concluded that the bubble is " a myth" and "a matter of perception".  Of particular interest: Asheville was listed as a hot "secondary market" and a promising market for investors. Despite recent increase in inventory and the winding down of the warm tourist season, the Asheville real estate market remains strong.
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By ASHEVILLE REALTY REFERRAL RESOURCE 828-776-0779, CONTACT janeAnne365@gmail.com
( REAL ESTATE REFERRAL NETWORK )
                                                                                          Real Estate Relationships. I think they are an art form! Do you?Clients who are attracted to sustainable, value-added properties generally have “done their home work” and expect a certain level of attention and mutual interest. Maybe that's why, at our Firm (as seen in the photo here) we tend to start out by sitting around the table to talk about those mutual interests . . Successful real  estate relationships often not only revolve around locating and securing properties and/or marketing “them, but in recognizing that each relationship is as unique as each person is…Over the years, we have come up with a formula that seems to work at least in Asheville's eco-friendly market. This involves three  i...
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By ASHEVILLE REALTY REFERRAL RESOURCE 828-776-0779, CONTACT janeAnne365@gmail.com
( REAL ESTATE REFERRAL NETWORK )
The Greater Asheville and Hendersonville areas of Western North Carolina have seen an influx of people investing in real property, both land and second home investments, in recent years.  As you can imagine farmland is disappearing at a rapid rate as the land opens to new development.  Land-of-Sky Regional Council Fosters desirable social, economic, cultural and ecological conditions in the Greater Asheville  and sustainable development. Where “working the land” used to mean laboring to harvest corn, tobacco, hogs, cattle, sheep, and native plants, “working the land”  now calls to mind bulldozers, cranes, and construction crews erecting residential properties.Still farming, noted for its impact on the history, economy, and culture of our region, is alive and breathing  in the hills and ...
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By ASHEVILLE REALTY REFERRAL RESOURCE 828-776-0779, CONTACT janeAnne365@gmail.com
( REAL ESTATE REFERRAL NETWORK )
Remodeling is nothing new. Back in  the mid-1700s Queen Maria of Portugal was into it...on a grand scale.This portrait, courtesy of Wikipedia , seems to reveal a woman ready to make changes in her home... And indeed, Queen Maria began making sweeping changes in one of her castles  built in the 1600s.  This was to be the royal family's "Country House" and a summer residence.  The palace would be her escape from the burdens of her work and a place where she could relax and enjoy life. It didn't happen overnight, but after many years, her place in the country, AKA "Second/Vacation Home" underwent a remarkable transformation. But all this time, Maria had left the details to the experts, and did not visit the remodel.                                One day, as the story goes, the Queen could...
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