Why Your Next Home Doesn’t Need a Bathtub

MarketWatch by Amy Hoak Showers Replacing Tubs as Most Important in Bathrooms Extra shower space allows for multiple shower heads, a built-in seat and designs without shower doors, said John Petrie, president of the National Kitchen and Bath Association, in an email interview about current kitchen and bath trends. They can be designed without a […]

Hendersonville & Henderson County OK Plan For Health Education Center

Henderson County and Hendersonville approve plan for link between Blue Ridge Community College, Wingate University, and Pardee.   City and county officials signed off Friday on an unprecedented joint venture with Wingate University, Blue Ridge Community College and Pardee Hospital to build a health education facility in downtown Hendersonville. Jerry McGee, president of Wingate University, […]

Look Behind The Numbers

To understand what’s really taking place in the real estate markets you need to dive beneath the surface. Overall, nationally sales volumes are down. However, a closer look at the numbers shows that certain categories and price ranges are down while others are up. Below is CoreLogic’s breakdown of recent sales compared to last year […]

Modest Growth Predicted for 2014 Real Estate

Neal Hanks, President of Beverly-Hanks & Associates predicts modest growth for 2014. 2013’s double digit growth unlikely to continue as pent up demand wanes and interest rates increase. Although, not all counties in Western North Carolina have recovered at the same pace, some like Buncombe and Henderson counties have experienced a sales pace reminiscent of […]

Real Estate Market Trends for Western North Carolina

Beverly-Hanks & Associates considers national housing industry trends and examines how they are effecting the greater Asheville, Waynesville, and Hendersonville areas of Western North Carolina. To learn more about our housing markets in our region read our 2013 Quarter Three Market Report.

Asheville Area’s Hourly Wage Jumps

In a closely related breakthrough, Asheville’s average hourly earnings broke $20 for the first time. The rate jumped by nearly 6% from a year earlier; the largest percentage increase since 2008. At $20.20 an hour, Asheville’s average hourly earnings is sixth highest among the state’s metros. Asheville’s current unemployment rate, at 6.8%, is the lowest […]

America’s Love Affair With Home Ownership Has Returned

Greg McBride, Bankrate.com’s Senior Financial Analyst, put it this way: “It seems like Americans’ love affair with real estate has returned.” Number one, they want a better place to raise their children; number two, a place that their family can feel safe; number three, they want the ability to have more space, more elbow room; […]

Western North Carolina Real Estate Markets Are Changing

The Western North Carolina real estate markets continue to be very dramatic. Be sure to check out what Neal Hanks has to say about sales pace, home supply, and values across the region. And you won’t want to miss one of our favorite hot spots in Weaverville, Well Bred Bakery and Cafe. Regional information is […]