Looking up: NAI Beverly-Hanks Q2 2021 Commercial Market Report

Commercial Real Estate Forecast The commercial real estate industry is, as a whole, continuing on an upward trajectory. Ongoing focus on vaccinations as consumers turn toward travel and in-person interactions is aiding the industry’s recovery. However, some sectors are recovering more quickly than others. The industrial and multifamily sectors are burgeoning, while the hospitality and […]

Supply and Demand in Action: The Beverly-Hanks Q2 2021 Market Report

So much is happening in real estate right now. But the biggest story continues to be the lack of available inventory and persistent, intense competition from home buyers.  For a closer look at what’s happening in our region, we’ve prepared our Q2 2021 Market Report. When breaking down the markets, we examine four metrics: supply […]

An Industry in Recovery: NAI Beverly-Hanks Q1 2021 Commercial Market Report

Commercial Real Estate Forecast Commercial real estate experts are encouraged by the industry’s ongoing recovery from the pandemic. Retail providers continue to pivot to meet online demands, shift their strategy to a proactive have-it-to-send-it model, and keep shelves stocked. Thanks to this activity, warehouse space, fulfillment centers, data centers, and logistics needs are still flourishing. […]

Press Release: Real Estate in Western North Carolina Remains Hyperactive

FOR IMMEDIATE RELEASE: Real Estate in Western North Carolina Remains Hyperactive Beverly-Hanks delivers their Q1 2021 market report and upcoming predictions. April 20, 2021, Asheville, NC—Neal Hanks, President of Beverly-Hanks, REALTORSⓇ, recently delivered the company’s first quarter 2021 Real Estate Market Report.  According to the Beverly-Hanks Q1 2021 Real Estate Market Report, the Western North […]

Dealing with Hyperactive Markets: The Beverly-Hanks Q1 2021 Market Report

Hyperactive is the only word that can adequately describe our current real estate market conditions. Homes are selling quickly thanks to very competitive conditions, and home values are rising rapidly as a result. To give you the rundown of the current market, Beverly-Hanks President Neal Hanks has delivered the Q1 2021 Real Estate Market Report. […]

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 […]