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. […]

A Robust Seller’s Market is the Focus of the Beverly-Hanks Q3 2016 Market Report

Beverly-Hanks’ president, Neal Hanks, was on site at the Beehive Coffee Bar in Arden to deliver the 2016 Quarter Three 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 three metrics: sales pace, home prices, and the supply of […]

Home Sales Continued to Slow through August

Despite mortgage rates near record lows, August 2016 existing-home sales decreased for the second consecutive month in August. Frustratingly low inventory of affordable homes, coupled with higher home prices, are keeping home sales from picking back up, according to the National Association of RealtorsⓇ’ (NAR) monthly report. Sales fell in three of the four major […]

Record-Breaking Sales are the Focus of the Beverly-Hanks Q2 2016 Market Report

Beverly-Hanks’ president, Neal Hanks, was on site at the Within REACH Resale Shop in Waynesville to deliver the 2016 Quarter Two 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 three metrics: sales pace, home prices, and the supply […]

Now is the Best Time to Move up to Your Dream Home! Here’s Why:

  Your neighborhood is getting crowded. Your new family is growing fast. Your new job is too much of a commute. You’re expanding your Etsy business and need room to grow…. There are a million reasons to move up from your first home to something larger, more comfortable, or closer to town. If you’re a […]

Active Markets are the Focus of the Beverly-Hanks 2016 Quarter One Market Report

Beverly-Hanks’ president, Neal Hanks, was on site at Hands On! in Hendersonville to deliver the 2016 Quarter One 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 three metrics: sales pace, home prices, and the supply of homes for sale. Here’s […]

Home Sales in Western North Carolina Rebound

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 & […]

Real Estate Markets Are Shrugging Off Excess Home Supply

Are Local Real Estate Agents Struggling With Too Few Homes To Show? There is no question that local real estate markets are shrugging off the excess home supply that has been plaguing the Asheville, Hendersonville, and Waynesville realty markets for years. However many markets in the outlying Haywood, Madison, Polk, and Rutherford counties still have […]

Real Estate Markets Improving Quickly

Neal Hanks, President of Beverly-Hanks & Associates and Tom Tveidt, Research Economist for SYNEVA Economics explore the regional economic trends impacting the housing markets in the greater Asheville, Waynesville, and Hendersonville markets. Later this week, a digital version of our 2012 Quarter Three Market Report discussing values, home supply and sales pace will be available […]

National Industry Leaders Comment on Real Estate Markets

Recently, Neal Hanks, President of Beverly-Hanks & Associates joined fellow industry leaders in Colorado to discuss the latest trends and strategies for the ever developing real estate industry. While participating in the Real Trends, Trendsetters group several of the participating CEOs offered their thoughts on the direction of their respective real estate markets. To learn […]