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Real Estate Market Update for Asheville Region July 2021

The real estate market follows trends. Typically, there is an upcycle where it is a seller’s market, due to low inventory, good interest rates and a strong economy. This is usually followed by a down turn, a buyer’s market, where inflation starts to climb, higher interest rates, and homes staying on the market for a long time.   While these [...]

MARKET UPDATE REVIEWING FEB 2021 STATS

The stats for Feb. 2021 are now available.  This month we will be using my new chart.  Be sure to subscribe to our YouTube channel to receive monthly notifications about our updates.  For those of you who like numbers and stats, please view Asheville Region Update Feb 2021

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LOCATION LOCATION LOCATION

You have probably heard the quote, “location, location, location”.  It really is all about location.  An identical house in downtown Asheville, NC will sale for several thousand dollars more than the same house located in Candler, NC.  Currently, people want to live as close to downtown Asheville as possible.  The majority of people moving [...]

REAL ESTATE MARKET APRIL REPORT

We have been looking week to week concerning our local real estate market. Now it is time for the more comprehensive update.  The data is collected from our local Canopy MLS.  Now that the Covid 19 crisis has had a full month run in real estate it is important to examine our Greater Asheville region, which includes Burke, Buncombe, Haywood, [...]

WEEKLY MARKET UPDATE LAST WEEK OF APRIL 2020

I am comparing this week to last week stats for Buncombe County single family homes.  Buncombe Co. still has the #stayathome order in place.  This means that no one from outside our area is able to physically see houses.  If someone does come into Buncombe Co. then they need to stay in quarantine for 14 days.  This limits the number of [...]