Asheville Real Estate News: Pending Home Sales Rise for Fifth Consecutive Month

Good news for buyers or sellers of Asheville homes. According to a recent article on CNBC: “Pending home sales rose for the fifth consecutive month in June, easily topping expectations, according to the National Association of Realtors.   “The Pending Home Sales Index rose 3.6 percent to 94.6 from an upwardly revised reading of 91.3 […]

Second Quarter of 2009 Offers Encouragement to Housing Industry

The second quarter of 2009 delivered a bit of encouragement to those watching the housing industry in Western North Carolina. While year-to-date home sales demonstrate a continued decline over the prior year, the month-over-prior-year numbers have gradually improved each month during the past quarter. In fact, Beverly-Hanks & Associates sales in June 2009 exceeded those […]

Land in Lieu of Stocks

Land as an investment can be an accessible purchase for almost every potential investor.  The 30+% loss in value of the Dow in 2008 has the astute actively seeking long-term stability in other investment vehicles. It could be recreational timberland, path of progress development acreage, a residential lot for a future retirement home, or farm […]

Ciēl Home Is National Green-Building Award Finalist

The National Association of Home Builders (NAHB) announced that a home in Ciēl, a new luxury real estate community in Asheville, NC, is a finalist for the 2009 NAHB National Green Building Awards. The prestigious annual awards honor home builders, remodelers, home builders’ associations, and other organizations for advancing green building through innovative design and […]

Life is Blooming at Rose Hill Plantation

Rose Hill Plantation is Northwest Asheville’s Premier Healthy Living Community Single family 2 & 3 bedroom homes now priced from $279,900 for a limited time only. UPDATE (2016): Rose Hill Plantation in Asheville is now known as The Views at Rose Hill. Asheville, NC, June 23, 2009 – Rose Hill Plantation, Asheville’s first single-family, thoughtfully […]

How are Purchase Loans Made?

No clear on how purchase loans work? Here is a step-by-step walkthrough for how purchase loans are made. 1. Loan Search – Buyers should seek the advice of an experienced mortgage professional, someone who will help determine which financing options best suit their needs today and in the future. 2. Loan Application – It’s crucial […]

New Climate Research Center will Bring Jobs to Asheville

Excerpted from: Asheville Citizen-Times Staff Reports, April 17, 2009. Asheville will become home to the Cooperative Institute for Climate and Satellites, bringing $32 million to the local economy and potentially up to 100 scientific jobs over the next five years.   The Institute will be housed in the National Climate Data Center (NCDC), already located […]

Mortgage Rates Remain Nearly Unchanged

While weaker-than-expected economic data pushed mortgage rates lower last week, concerns about the coming supply of debt needed to pay for government programs moved mortgage rates higher this week, leaving rates nearly unchanged over the past two weeks. Mortgage Rates This week, the economic data had little impact, but mortgage rates moved higher for a […]