Instead of organizing around a golf course or tennis court, a new suburban community is centering itself around green space, healthy living, and community agriculture. It calls itself an agrihood. It may be the first time you’re hearing this term, but we guarantee it won’t be the last. Agrihoods are growing quickly in popularity and […]
Homeownership remains the foundation of wealth for almost every family. The Federal Reserve reports that households who own a home have a net worth 36 times that of a household that rents. However, regions across the country are seeing greater divides between homeowners and renters, and affordability is largely to blame. Western North Carolina is […]
The inviting Grove Park neighborhood, just northeast of downtown, is considered to be one of the finest residential locations in Asheville. “We moved to this beautiful part of Asheville seven years ago. We love historic urban neighborhoods, and this was just perfect for us,” says Suzanne Escovitz, a Grove Park neighborhood resident. Grove Park was […]
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.
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 […]
Home sales are up 24 percent over last year Written by: Dale Neal Building permits are up 20 percent as the critical real estate market keeps digging out of the collapse of the Great Recession. “The news is good. Sales are up, inventory is down, prices are starting to rise,” observed Neal Hanks of Beverly-Hanks & […]
As reported in our latest Quarterly Market Report, The Asheville MSA (Buncombe, Haywood, Henderson, Madison counties) began the year with exceptionally strong employment gains. Up 3.9 percent over the year, the MSA is the fastest growing metro area in the state and is outpacing both the state and nation. By adding more than 6,000 jobs […]
“It may appear premature to declare a housing boom and chronicle an uneven regional recovery, but Vital Signs indicate a major transition.” So says Neal Hanks in the latest issue of The Real Estate Report, just released for Quarter One 2013. Consider these year-over-year metrics for Western North Carolina comparing 2012Q1 and 2013Q1: •Existing home […]
As reported in our recently published 2012 Annual Market Report, the Asheville MSA ended the year as the fifth fastest growing metro in the state of NC. Asheville’s rate of growth surpasses both the state and the nation. As we look around, we can see the growth physically happening before our eyes. The construction on […]
Our 2012 Annual Market Report and assessment of the WNC real estate markets is now available and can be found at beverly-hanks.com/reports. In conjunction, we have produced a video of a conversation about our local economy and real estate markets with Neal Hanks, president, and Tom Tveidt of Syneva Economics. httpv://www.youtube.com/watch?v=gkiHvHJ9Vn0 To have our Quarterly […]
Asheville real estate Archives – Allen Tate/Beverly-Hanks Real Estate Blog
