Press Release: 2020 was a Roller-Coaster Year for Real Estate in Western North Carolina

FOR IMMEDIATE RELEASE: 2020 was a Roller-Coaster Year for Real Estate in Western North Carolina Beverly-Hanks delivers their year-end 2020 market report. January 21, 2021, Asheville, NC—Neal Hanks, President of Beverly-Hanks, REALTORSⓇ, recently delivered the company’s year-end 2020 Real Estate Market Report.  According to the Beverly-Hanks Year End 2020 Real Estate Market Report, the Western […]

A Roller-Coaster Ride!: The Beverly-Hanks Year End 2020 Market Report

The Western North Carolina housing market has been nothing short of remarkable over the past 12 months. We can think of no better metaphor to describe it than an old-fashioned roller coaster ride. We crowded into 2020 with bright prospects and gleeful anticipation. But our outlook quickly turned apprehensive as the COVID-19 pandemic and accompanying […]

Increased Optimism: NAI Beverly-Hanks Year End 2020 Commercial Market Report

Commercial Real Estate Forecast The commercial real estate market is currently in a relatively stable state, given the effects of 2020 on key sectors. Despite a brutal drop in tourism in Western North Carolina and related blows to small businesses dependent on those tourist-fueled door swings, annual gross rents dropped by only 1.3%. According to […]

Press Release: WNC’s Real Estate Markets Show Most Memorable Activity in Modern History

FOR IMMEDIATE RELEASE: WNC’s Real Estate Markets Show Most Memorable Activity in Modern History Beverly-Hanks delivers their third quarter 2020 market report. October 20, 2020, Asheville, NC—Neal Hanks, Jr., President of Beverly-Hanks, REALTORSⓇ, recently delivered the company’s third quarter 2020 Real Estate Market Report.  According to the Beverly-Hanks Q3 2020 Real Estate Market Report, Western […]

On the Mend?: NAI Beverly-Hanks Q3 2020 Commercial Market Report

Commercial Real Estate Forecast The commercial real estate market is diligently trying to recover. All eyes are on the pending stimulus package to provide renewed relief to consumers, tenants, and struggling real estate sectors. Many small businesses, restaurants, and local tenants are reaching the tipping point, as the fourth quarter currently marks the end of […]

Firing on All Cylinders: The Beverly-Hanks Q3 2020 Market Report

It’s hard to believe that in nine short months, Western North Carolina’s real estate has experienced unprecedented changes. Only a few months ago, we were working with our clients to prepare for a considerable slow down to the market. Now, it is almost impossible to describe local real estate activity without using hyperbolic headlines. Simply […]

Press Release: WNC’s Real Estate Markets have Rebounded Quickly

FOR IMMEDIATE RELEASE: WNC’s Real Estate Markets have Rebounded Quickly Beverly-Hanks delivers their second quarter 2020 market report. July 16, 2020, Asheville, NC—Neal Hanks, Jr., President of Beverly-Hanks, REALTORSⓇ, recently delivered the company’s second quarter 2020 Real Estate Market Report.  According to the Beverly-Hanks Q2 2020 Real Estate Market Report, Western North Carolina’s real estate […]

“Home” is More Important than Ever: The Beverly-Hanks Q2 2020 Market Report

Before the COVID-19 outbreak and stay at home orders began, the markets were robust and healthy. Our primary concern was the shortage of homes for sale going into our primary listing and selling season. As of now, buyers are still buying homes and sellers are still selling—and Beverly-Hanks is still here, at the ready, to […]

A Glimmer of Hope: NAI Beverly-Hanks Q2 2020 Commercial Market Report

How is the Commercial Real Estate Market? Predictions for the commercial real estate industry in the second quarter of 2020 were far from optimistic as the full economic impact of COVID-19 rolled through the market. With lockdown orders in place, the industry stalled abruptly and professional efforts turned to assisting landlords and tenants navigate the […]