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 […]

Home Buyers: Moving Up Will Get Harder in 2016

Equity Is Allowing Sellers To Move-Up, But Rates Will Make It More Expensive. As home equity increases across the greater Asheville, Waynesville, and Hendersonville areas, move-up buyers are selling their current properties to replace them with pricier homes. The recent improvements in home equity have allowed these buyers to put larger down payments on new […]

New Home Sales May Be Providing Signals For Market

It was a volatile week for mortgage rates. The FOMC Minutes suggested that the Fed will begin to taper its bond purchases in the near future as expected, but a surprising decline in the New Home Sales data made that outcome less certain. After the offsetting influences, mortgage rates ended the week with little change. […]

Refinance Activity Remains Robust

–From the Mortgage Bankers Association (mortgagebankers.org) Historically low mortgage rates, with 30-year fixed-rates remaining close to 3.5 percent, maintained refinance activity near a peak level through the end of 2012.  The refinance share of applications rose gradually throughout 2012 to end at the highest level of the year at 82.9 percent of all applications in […]

Enough with the White House, what about my house?

Now that we know there won’t be a moving van pulling up to 1600 Pennsylvania Avenue in January, we can go back to focusing on our own matters of real estate. Whatever your political affiliation is, you probably share some of the same concerns  as most homeowners. How will home values shape up through the […]

VA Guarantees 20 Million Loans & Beverly-Hanks Introduces “Military on the Move”

The Department of Veterans Affairs announced it has reached a major milestone: It has guaranteed 20 million home loans since launching its loan program in 1944. VA loans, which tend to boast low financing costs for home ownership, are available for eligible veterans, servicemembers, and surviving spouses. When you combine a VA loan with the […]

It’s Easy To Be Confused About Real Estate

In today’s real estate market, it is easy to get confused. There seems to be an overabundance of information and much of it seems to be conflicting. As an example, we offer you two headlines that appeared within 24 hours of each other last week. National Delinquency Rate Falls to Lowest Level in Three Years […]

Mortgage Interest Trending Upward All Week

Mortgage markets worsened for the 8th straight day, equaling the longest losing streak of the last 5 years. Conventional, 30-year fixed mortgage rates are now scratching 5 percent, with FHA mortgage rates running roughly the same. This is a huge increase from just 11 weeks ago when mortgage rates were riding an 8-month-long hot streak, and […]

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 […]