Already a Breakout Year: The Beverly-Hanks Q1 2017 Market Report

Beverly-Hanks President Neal Hanks, Jr. has delivered the Q1 2017 Real Estate Market Report. Watch the video below for his short report, or continue reading for a summation. When highlighting our regional real estate markets, we consider four key metrics: sales pace, home prices, the supply of homes for sale, and the availability of financing. […]

Press Release: WNC Housing Market Moved at a Breakneck Speed in Q1 2017

Beverly-Hanks & Associates 300 EXECUTIVE PARK ASHEVILLE, NC 28801 (828) 254-7221 beverly-hanks.com   FOR IMMEDIATE RELEASE:   WNC Housing Market Moved at a Breakneck Speed in Q1 2017 So far, the local housing market is following Beverly-Hanks’ 2017 predictions for tight housing supply and quick sales.   April 11, 2017, Asheville, NC—Beverly-Hanks President Neal Hanks, […]

February Existing-Home Sales Couldn’t Keep Pace

After the housing market started 2017 at a running pace in January, February spelled a different story, according to the latest National Association of RealtorsⓇ’ (NAR) monthly report. Existing-home sales slid considerably from the month prior, but remained above levels from one year ago. The South was the only region to see a modest sales […]

Existing-Homes Sales Begin 2017 at a Strong Pace

The housing market started 2017 at a running pace, according to the latest National Association of RealtorsⓇ’ (NAR) monthly report. Existing-home sales not only surpassed a recent cyclical high, but increased in January to the fastest pace in nearly 10 years. All regions except the Midwest saw significant increases. Existing-Home Sales Sales across the nation […]

National Home Sales down in December, up for 2016

Ongoing affordability issues and low supplies brought down December 2016 existing-home sales, according to the National Association of RealtorsⓇ’ (NAR) monthly report. This was the case in three of the four regions of the U.S.; sales in the South remained flat. Existing-Home Sales Sales across the nation averaged a 2.8% decrease from November. This December’s […]

A Banner Year in Review: The Beverly-Hanks 2016 End-of-Year Market Report

Beverly-Hanks President Neal Hanks, Jr. has delivered the 2016 End-of-Year Market Report. Watch the video below for his short report, or continue reading for a summation. When highlighting our regional real estate markets, we consider several metrics: sales pace, home prices, the supply of homes for sale, and the availability of financing. Here’s how the […]

Press Release: 2017 will be a Year of Higher Real Estate Prices and Lower Inventory across WNC

Beverly-Hanks & Associates 300 EXECUTIVE PARK ASHEVILLE, NC 28801 (828) 254-7221 beverly-hanks.com   FOR IMMEDIATE RELEASE:   2017 will be a Year of Higher Real Estate Prices and Lower Inventory across WNC   January 13, 2017, Asheville, NC—Beverly-Hanks recently released real estate predictions for 2017 designed to assist home buyers and sellers in their real […]

The South Continued to See Home Sale Gains in November

For the third straight month, November 2016 existing-home sales continued to climb up in the South and Northeast, bringing a positive rise to the national average. Small declines in the Midwest and West were not enough to push the nation into the red, according to the National Association of RealtorsⓇ’ (NAR) monthly report. Existing-Home Sales […]

National Home Sales Continued to Climb in October

For the second straight month, October 2016 existing-home sales continued their climb across in all four regions of the U.S. The sales increase “eclipsed” the sales peak in June to become the highest annualized sales pace in years, according to the National Association of RealtorsⓇ’ (NAR) monthly report. Existing-Home Sales Sales rose across the nation […]

Home Sales Rebounded in September, Thanks to First-time Buyers

After two months of decreases, September 2016 existing-home sales rebounded strongly in all four regions of the U.S. First-time homebuyers reached a 34% share, the highest rate in more than four years, according to the National Association of RealtorsⓇ’ (NAR) monthly report. Sales rose across the nation to reflect a national 3.2% increase from August. […]