Beverly-Hanks & Associates REALTORS®

CNN reports last week that mortgage rates have fallen to a 37 year low:

Mortgage rates fell this week, with the 30-year fixed mortgage sinking to its lowest rate in 37 years as the Federal Reserve cut interest rates to historic lows.

The article continues:

“The decline was supported by the Federal Reserve announcement on December 16th, when it cut the federal funds target to a record low and stated it stood ready to expand its purchases of mortgage-related assets as conditions warrant.”

This is great news for Asheville real estate buyers. Rich in culture, history, and beauty, the price of Asheville homes are still very attractive compared with other markets in the country, and the market in general has held up well. With some high inventories in the upper end market, the “average” buyer still has plenty to choose from at a decent market value.

Beverly-Hanks MLS search has been upgraded for easy-to-use simple and advanced searches by county, city, and other details. Try out our Asheville real estate search tool today.

The Witchita Eagle and their sister site Kansas.com have a glowing review of Asheville, NC in their Travel section.

Encouraging for both tourists and those looking to move here, the article covers the unique blend of traditional and “not so traditional” that make Asheville what it is.

On art and culture: “galleries and funky boutiques in its very walkable, art-deco downtown that is a national historic district [...] There are more than 40 galleries in downtown Asheville — an area of 40 square blocks — and more can be found in the growing but grittier River Arts District.”

On the Asheville real estate front, the article states, “The growing population is boosting land values and increasing the spread of galleries and antiques and craft shops in the area.”

Do yourself a favor and check out the article. There are numerous website links and phone numbers for more information about Asheville attractions and historical sites.

Asheville North Carolina “Culture” article at Kansas.com