Search Results for "Asheville"

Where the Action Is

Asheville recognized by the Wall Street Journal for its support of entrepreneurs in the craft brewing industry. By EMILY MALTBY 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 […]

Best Back to School Real Estate Investment Cities (DATA)

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 […]

Downtown Condo Market Update

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, […]

Beverly- Hanks Announces A New Real Estate Experience In Biltmore Park®

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, […]


Western North Carolina Real Estate Values

Historically, much of the nation experiences an ongoing rhythm of price increases and decreases. As you can see from Graph A, since 1986 the Asheville Metropolitan Statistical Area (MSA), as defined by the United States Census Bureau an area consisting of Buncombe, Henderson, Haywood, and Madison counties had delivered 23 years of unfailing appreciation until […]


What is the Velocity of Money and How Does it Impact Home Loan Rates?

By Eric Clonch, Mortgage Loan Originator, NMLS# 327193 Beverly-Hanks Mortgage Services ASHEVILLE, NC – If you’re an observer of economic news, you’ve probably noticed that market experts and traders keep a close eye on the Commerce Department’s Personal Spending and Personal Income reports. These reports provide insight into the health of our economy, but did […]

“Bad News” Doesn’t Mean A Bad Real Estate Market

Neal Hanks, President The media reports have not been friendly to the real estate industry these last few months with numerous articles about an industry struggling to gain momentum. Particular emphasis has been placed on sales as compared to the prior year. As those of us in the industry know, this is an inaccurate comparison […]

Real Estate Minute: Neal Hanks

Apples and Oranges February 14, 2011 The headline of Sunday’s mountains section of the Asheville Citizen-Times newspaper reads “Slow Start for Home Sales.” The article outlines a decrease in unit sales as compared to January of 2010. While statistically accurate, important information is missing from the article. This time last year the market was being […]

How Long Will Mortgage Rates Stay Low? Part I

We can all agree that accurately predicting the future requires at least a brief reflection on the past. Looking back at the most recent economic cycle, many of you may remember the concerns of a “double-dip” recession that many economists spoke of less than 12-months ago. A recession means a contracting economy, which begets fewer […]