Homeowner Stability Initiative

Fears about the economy led to a stock market decline and pushed mortgage rates a little lower during the week. Even with Tuesday’s passage of the new $787 billion stimulus plan, economic growth forecasts from Wall Street economists and from the Fed were revised lower. Wednesday, President Obama announced the $275 billion Homeowner Stability Initiative, […]

Financial Stability Plan

Government announcements dominated the financial news this week. Updates on two major programs were favorable for mortgage markets, and mortgage rates fell modestly during the week. Financial Institution Assistance Plan The most highly anticipated news concerned Tuesday’s speech from Treasury Secretary Geithner on the financial institution assistance plan. This “Financial Stability Plan” involves multiple programs […]

Lake Living in the Mountains

This post is from guest author and Beverly-Hanks associate Joelle van den Berg. UPDATE (2016): Joelle is no longer affiliated with Beverly-Hanks. We wish her the very best in her pursuits.   Lake Lure is a little gem of a place located southeast of Asheville, and east of Hendersonville. The name Lake Lure applies to […]

Asheville Home Ownership Has Financial Advantages

If you are not sure if purchasing Asheville real estate is advantageous in our current economic climate, the blog Housing Marketing Facts has compiled a reassuring list of quotes to help with your decision. Here are nine advantages of home ownership, pulled from their site: A temporary $7500 tax credit is now available for any […]

LEED for Homes Certifications Now Available for WNC Homes

New homes in Asheville and surrounding Western North Carolina communities looking for green and energy-efficient certification now have a local representative. The United States Green Building Council selected the Western North Carolina Green Building Council as a LEED for Homes provider. What is LEED for Homes? LEED for Homes is a national third-party certification system […]

Public meeting on downtown Asheville Master Plan is tonight

The downtown Asheville master plan has been moving along with notable revisions and changes. Tonight, January 15, 2009, is the night for public comment on the project. For those unfamiliar, the downtown project has been ongoing and is currently on its third revision. Tonight’s meeting will allow the public to sound off regarding zoning, money, […]

Buncombe County Property Tax Deadline Is Today

Buncombe County real estate owners have until today (January 5, 2009) to pay property taxes. Payments with a postmark of today or earlier are except from the 2% late fee otherwise charged to their tax bill. You can pay in person, by mail, or online. Mail: Use the return envelope provided with your bill. You […]

Mortgage rate drops mean good news for Asheville Real Estate

CNN Money reported 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 continued: “The decline was supported by the Federal Reserve announcement on […]