As the Black Mountain real estate market has improved dramatically over the last couple of years, the upper end ($600,000 and up) has stayed relatively flat. But it seems that 2018 might be a turning point as the Black Mountain real estate market continues to rise. As of today (May 17, 2018), there have been 4 closed sales in Black Mountain over $600k year-to-date. Last year, the numbers were Continue Reading
Asheville & Black Mountain Real Estate Market – 2017 Year in Review
This past year was quite a year for Asheville and Black Mountain real estate. In the more affordable price ranges, homes sold almost as quickly as they were listed. And the upper price ranges saw an increase in the number of sales. We've put together some graphs of some of the more common indicators, and then broken them down by areas and price ranges. We'll look at Asheville, Black Mountain, and Continue Reading
Asheville’s MLS Now Features “Coming Soon” Listings
The Asheville real estate market remains very strong, especially in the more affordable price ranges. It's February as I write this, and this is typically the slowest time of year in terms of inventory. Let's take a look at the current inventory figures. Current Inventory Now that inventory levels have bottomed out, it's time to start thinking about the spring listing season. Many sellers Continue Reading
Live in Black Mountain, NC, Awarded Prettiest Small Town in America
Congratulations to the Town of Black Mountain, North Carolina! TripAdvisor's "America's Prettiest Small Town Vacations" contest has ended, and the runaway winner is Black Mountain, NC. Black Mountain received 34% of the vote, with the second place town receiving 21%. That's a landslide, right? TripAdvisor named "Five Reasons Black Mountain is the Prettiest Town in the USA." To see them, Continue Reading
Buncombe County Announces Property Value Reassessment for 2017
The Buncombe County Tax Office has announced that real estate taxes will be reassessed in 2017. Notices of new property tax values will be mailed to property owners in February. Why is this Happening Now? As discussed before on this blog, counties in North Carolina are required by statute to reappraise properties at least every 8 years, and no sooner than every 4 years. Our last assessment was Continue Reading
Professional Real Estate Photography May Result in a Higher Selling Price
As a realtor that has been in the business since 2006, I have seen a lot of listings and a wide variety of quality for the photography in those listings. From high-end luxury homes with magazine-quality photography to out-of-focus photos that were uploaded to MLS upside-down (seriously), photography among real estate listings runs the full spectrum. I am always amazed when I see a high-end home Continue Reading
How a Real Estate Agency Works in North Carolina
In Western North Carolina, there are 3 primary ways a real estate agent can represent a buyer or seller in a transaction. These are Seller's Agent, Buyer's Agent, and Dual Agent. Seller's Agent The seller's agent, or listing agent, is just that. He or she works for the seller and is trying to sell the listed property. Frequently, buyers call seller's agents to show them a house. This is Continue Reading
Get the Facts About Modular Construction
What are the Differences Between Modular Construction and Site-Built Homes? As long as I have worked in the Asheville real estate market, one of the most common questions I have been asked is the difference between modular and "stick-built" construction. Or sometimes, buyers want to understand the differences between modular and mobile homes. The term "modular" is often associated with mobile Continue Reading
Asheville Area High Schools Ranked Among North Carolina’s Best
Several Asheville area high schools have received high rankings in U.S. News and World Report's 2014 Rankings. The report includes Charter, Magnet, and Public high schools throughout North Carolina. Schools were graded on four categories - Student/Teacher Ratio, College Readiness, Algebra Proficiency, and English Proficiency. Buncombe and Henderson Counties had four schools ranked in the top Continue Reading
4 Reasons Advertising in a Real Estate Magazine Will Not Sell Your Home
Many home sellers I meet ask me if I advertise in a real estate magazine (or real estate book). Before I advertise any home in any type of media, I want to know if it will help to sell the home. And according to the National Association of REALTORS, real estate books and magazines result in less than 1% of home sales nationally. Real estate magazine publications are available just about Continue Reading
