FHA Insurance Premium Cut Means More Purchasing Power for Home Buyers

Posted by & filed under Mortgage.

The Federal Housing Administration (FHA) wants to qualify more low- to moderate-income buyers for homeownership in 2017. As of January 27, FHA mortgage insurance premiums will drop from 0.85% per year to 0.60%. FHA mortgage products were created to provide homeownership opportunities to creditworthy borrowers who are overlooked by banks and other conventional lenders. This… Read more »

We All Scream for The Hop Ice Cream!

Posted by & filed under Businesses and Dining, Commercial.

We All Scream for The Hop Ice Cream!

Greg Garrison knows exactly what makes people happy. “Ice cream,” he said. “Whether you come in here happy or come in here to become happy, it’s about creating a happy atmosphere and making a delicious product.” Sliding a cup of red and golden beet swirl (with, of course, local beets) atop a scoop of salted… Read more »

WLOS Home of the Week: 99 Bear Woods Trail

Posted by & filed under Home of the Week.

WLOS Home of the Week: 99 Bear Woods Trail

Welcome to 99 Bear Woods Trail, Asheville Don’t miss this unique opportunity to own 100+ acres bordering the Blue Ridge Parkway! This beautifully crafted and perfectly sited post-and-beam home offers luxury with a distinct mountain twist. Interior features include cathedral ceilings, a commanding stone fireplace, a formal dining room, fully finished basement, and radiant heat… Read more »

Beverly-Hanks EOY 2016 Market Report: Interesting Commercial and Record-Breaking Residential Markets

Posted by & filed under Commercial, Real Estate Market News.

Sales pace graph for homes in WNC, EOY 2016.

Beverly-Hanks President Neal Hanks, Jr. has delivered the 2016 End-of-Year Market Report. Watch the video below for his short report, or continue reading for a summation. 2016 EOY Commercial Activity: 2016 was an interesting year for commercial real estate in Western North Carolina. Leasing activity was up, but sales transactions were down. While the number… Read more »

A Banner Year in Review: The Beverly-Hanks 2016 End-of-Year Market Report

Posted by & filed under Real Estate Market News.

Sales pace graph for homes in WNC, EOY 2016.

Beverly-Hanks President Neal Hanks, Jr. has delivered the 2016 End-of-Year Market Report. Watch the video below for his short report, or continue reading for a summation. When highlighting our regional real estate markets, we consider several metrics: sales pace, home prices, the supply of homes for sale, and the availability of financing. Here’s how the… Read more »

Nonprofit Spotlight: WNC Down Syndrome Alliance

Posted by & filed under Nonprofits.

According to the Centers for Disease Control and Prevention, approximately one in every 700 babies in the United States is born with Down syndrome. Down syndrome occurs when a child is born with a full or partial extra copy of chromosome 21. People with Down syndrome express varying degrees of cognitive delays, from very mild… Read more »