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Neal Hanks, President of Beverly-Hanks & Associates will explain why you can’t believe everything you hear when it comes to the housing markets. He’ll utilize current real estate data to describe how the trends materializing on both the regional and neighborhood levels differ from those described by the national media.

Stay tuned for an opportunity to purchase tickets to this Beverly-Hanks session of The BMW Ultimate Lunch Series.

The Hart Law Group is hosting the first lunch of the BMW Ultimate Luncheon Series on September 6th.

DOES YOUR TRUST PROTECT YOUR FAMILY?

Managing wills, trusts, and your estate can seem difficult and overwhelming. You need answers. Learn about securing your family’s future the right way at the BMW Ultimate Lunch Series in The Grand Bohemian Ballroom featuring attorney, Mary Hart from the Hart Law Group. Lunch is provided by Red Stag Grill.

For more information on purchasing tickets for the September 6th event sponsored by Hart Law Group, CLICK HERE

Tony Schlarb recognized as the Chef of the Week by GoUpstate.com.

Tony Schlarb’s cooking experience can be compared to a great dish made with just the right amounts of everything.

He received a pound of experience watching his grandmother and mother in the kitchen. While serving four years in the Navy in Italy, he got another measure of training by starting a catering business with his former wife.

Schlarb returned to the U.S. and added the right mix of work by establishing a catering business in Palm Springs and later opening a bread-baking company in Sacramento, Calif. He left cooking and went into retail before retiring to Hendersonville, N.C., in 2002.

The aroma of the kitchen lured him back in recent years, and he is topping off his career by teaching monthly cooking classes at Rabbit & Co. in downtown Hendersonville.

To read the entire article CLICK HERE.

One of the great things about Western North Carolina is the diversity of experience that people moving into the area have brought with them. It appears that Tony Schlarb is one such example. For such a small area the quality of restaurants, artisans, and entrepreneurs is amazing.  I am not sure there is a place anywhere else in the southeast that enjoys the same overall quality of life. To learn more about living in Hendersonville or any of the other areas in Western North Carolina don’t hesitate to use our, Beverly-Hanks & Associates customer service as a resource.

Asheville recognized by the Wall Street Journal for its support of entrepreneurs in the craft brewing industry.

Location matters.

New industry hubs are drawing entrepreneurs and offering start-ups support and safety in a turbulent economy.

It’s a lesson that’s all too easy to forget in a world driven by mobile devices, cloud computing and home offices. There are big benefits to setting up shop in the right spot—especially among lots of peers in the same field.

All in all, these clusters can be ideal spots for an entrepreneur in the field. Being there means getting access to a much wider range of suppliers, customers, employees and industry experts. What’s more, industry peers are often willing to support each other as they get off the ground, sharing recommendations about staffers, potential sales leads and attractive office space, or giving each other guidance and insight about the industry. To read the entire article CLICK HERE

ASHEVILLE, N.C.

BEER BREWING

Craft beer is a small industry, but it has a devoted customer base. One Southern town is going after those fans with vigor.

John Warner

Asheville, a Blue Ridge Mountain town of 75,000, has 10 breweries, with two on the way. That can’t compare with the 40 in Portland, Ore., but it stacks up to other beer havens like Milwaukee and Boulder, Colo., which both have fewer than a dozen. “Asheville is definitely on the map and well recognized in the craft-brewing industry,” says Paul Gatza, director of the Brewers Association in Boulder.

Entrepreneurs new to the area seek mentoring from the established brewmasters and the Asheville Brewers Alliance, formed to exchange ideas and promote the industry. They also tap Blue Ridge Food Ventures, an incubator for developing and commercializing products.

Competition among the breweries is a key driver of growth. “Every time a new brewery opens, it has to create its own creative edge, and then the other breweries have to be creative to become relevant again,” explains Bill Drew, owner and brewmaster at Craggie Brewing Co. “So it’s good when the new guys come in; it keeps the old guys on their toes.”

In fact, the beer culture has permeated the town, with a host of businesses cooking up beer-flavored edibles and artists making tap handles and bottle labels. The environment gives brewers a place to source ingredients and fuel creativity. “By local companies teaming together, it’s pretty much a win-win,” Mr. Drew says.

Published By : Scott Garner on Wednesday, Aug 10th, 2011, 5:50 am

The back to school season is often characterized by parents and students making last-minute mad dashes to purchase school supplies, uniforms, bus passes or books. This year, parents with college-bound students or investors interested in college towns may be considering an unusual back to school purchase - a rental property.

“I had a client who was an alumnus of the University of Maryland and he was interested in purchasing his first property. He was insistent on finding a home within 10 to 15 miles of campus so that he could rent the basement out to college students. We closed on the property, and literally within five days he had a renter for his basement,” said Bowie, Maryland real estate consultant, Natalie Dean.

In the next two years, real estate investors are expected to outnumber traditional homebuyers in their local markets by three to one, and 56.5 percent plan to put their investments to work as rental properties, according to a national survey we recently conducted.

“Local markets with universities or colleges can be an attractive option for many local real estate investors,” said Move, Inc., Chief Executive Officer, Steve Berkowitz. “Housing demand in college towns is generally high and vacancy rates are usually low. Combine the supply and demand ratio with rising admissions and the five percent rise in rental rates expected by the end of the year, and rental property in college towns can be a smart option for the right investor.”

Find out more top college-town real estate markets at Move.com

While Asheville didn’t make move.com’s top ten Back to School Real Estate Investment Cities, there is no question that the Asheville area with six college’s and universities in the area is fertile ground for investors.

• Brevard College (Brevard)
• Mars Hill College (Mars Hill)
• Montreat College (Montreat)
• University of North Carolina at Asheville (Asheville)
• Warren Wilson College (Swannanoa)
• Western Carolina University (Cullowhee)

A Beverly-Hanks agent in cooperation with a Beverly-Hanks Mortgage Loan Officer (NMLS #42020) can certainly help you evaluate your real estate investment options in the Western North Carolina Region.

While many market segments continue to struggle with excessive inventory, the downtown condominium market has bucked the trend. There is no question the uniqueness and overall desirability of Asheville has buoyed sales pace and values.

There are currently 38 active units on the market right in downtown Asheville.  Overall, the market remained healthy this year, with 14 sales since January 1, 2011.  Average days on market for those sales was 169, and the average sale price was $334,286.

Looking for more information? Stop by the Asheville Real Estate Studio for a thorough analysis of the market.  Or join us September 22nd at 6PM for a glass of wine and a casual conversation about real estate in the central business district. Carla Baden of Santé Wine Bar will introduce us to a few of her favorites.

By Les Christie August 5, 2011: 10:16 AM

NEW YORK (CNNMoney) — As the foreclosure crisis continues to wreak havoc on the housing market, a source of national pride has taken a sour turn. Home ownership is on the decline and, according to a recent Morgan Stanley report, the United States is fast becoming a nation of renters.

Last Friday, the Census Bureau reported that the percentage of people who owned a home had dropped to 65.9% during the second quarter — its lowest level since the first quarter of 1998 and a far cry from the high of 69.2% reached in late 2004.

Ken Johnson, a professor of real estate at Florida International University, who co-authored a recent paper with Eli Beracha of East Carolina University about how homebuying is now a better choice for most Americans, said he doubts that home ownership will fall much further below current levels.
Johnson thinks the market has already hit bottom and home prices should start appreciating, albeit slowly, this year. In addition, with such favorable interest rates and good deals on homes, it’s hard for potential buyers to resist taking advantage of the opportunity for too much longer.

“While national housing market are important to consider the only housing trends that truly matter to a homeowner are the trends taking place in their market place. Developing an understanding of local housing markets can be a difficult task. Having access to the right information and someone who understands how to interpret the volumes of data is key. The combination of a Beverly-Hanks agent and the Beverly Hanks 2nd Quarter Market Report can be just the combination for informed decision making. To view the Quarterly Market Report online CLICK HERE. To ask for more assistance interpreting the data contact our customer service department HERE.”

Hendersonville agent Lynn Huffman provides a wonderful look into one of Flat Rock’s best destination eating spots, Hubba Hubba Smokehouse, just in time for the weekend. If you would like to learn more about what is is like to live in the Hendersonville and Flat Rock areas don’t hesitate to check in with Lynn.

This morning with our Biltmore Park and South Asheville offices in attendance we announced plans to expand and transform our presence in Biltmore Park Town Square.  By the end of the year, the transformation of the expanded space into a Real Estate Discovery Center will feature a coffee house style atmosphere, media-rich property search devices, and an environment destined to provide meaningful interactions with consumers.

Neal Hanks, President of Beverly-Hanks & Associates explained “The dramatic growth of social and mobile connectivity and the manner in which consumers are engaging real estate professionals have created incredible opportunities for us. We believe our new Discovery Center will provide consumers with a much more interesting way to explore Western North Carolina real estate.”

“Since Beverly-Hanks opened its office in Biltmore Park 10 years ago, the growth of both south Buncombe and north Henderson County has been significant. Nearly 40% of the total population growth of these two counties is within a 15-minute drive of Biltmore Park Town Square. Beverly-Hanks expansion into a 7,000 sq. ft. Real Estate Discovery Center provides an exciting atmosphere for consumers and Realtors^® to benefit from technology, a comfortable environment, and the ability to interact with the thousands of visitors to Town Square,” said Jack Cecil, President of Biltmore Farms, LLC.  Plans call for the office to open November 1st, 2011.  Watch for more details and updates on this exciting venture.