It is starting to sound like a broken record for our real estate market.  Low inventory, higher prices, fast cash deals. The housing market continues to have less than two months supply, therefore keeping prices in a seller market.  Closings may slow a little during the holidays but prices probably will not drop.  If you are a buyer either [...]

Once again, the overall housing prices have risen. The housing inventory is at a critical low. Buncombe Co is 51% below the amount of homes on the market this time last year!

Lots of good data in our PDFs

Month to Month Chart

Asheville Region Sept. 2021

Buncombe County Sept 2021

City of Asheville Sept 2021

City of Hendersonville 2021

For a more indepth review watch this video. Be sure to subscribe to our blog and/or YouTube channel for monthly [...]

There have been numerous articles the month of Sept. with predictions that the real estate marketing will take a major slow down by mid next year. Almost all of them base this on two things:  continual housing supply shortage and continual increase of house prices. Fannie Mae states these factors will eventually cause buyers to stop trying [...]

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 [...]

The greater Asheville area is very hot. Due to lack of current homes on the market, the prices have continued to climb.  Buyers need to have proof of funds or pre approval letter available and make the highest and best offer the first time.  If sellers want to get top dollar then house needs to be in excellent condition.  Buyers want move in [...]

The real estate market is very busy and I had to jump on this blog and videos very fast.  While reviewing the video I realized not all the PDFs were on the share screen. Please watch the video and pull up the PDFs if you wish to follow along. [...]

I am running a little late for the March review (remember we get our stats from the previous month), I meant to post this April 30. I just have been to busy to get it all together.  [...]

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

If you would like even more stats please subscribe to our blog and make a request in the comment [...]