Residential construction in the US had hit a soft patch last year showing four months of declining new home permits to close out 2018. The beginning of 2019 saw a huge reversal in that trend with single-family residential starts jumping 18.6 percent to a seasonally adjusted rate of 1.230 million units in January, according to the Commerce Department. This is an encouraging sign to real estate Continue Reading
Asheville Area Information
Best Restaurants (and Bars) in Black Mountain, NC
Best Restaurants (and Bars) in Black Mountain, NC Black Mountain serves up some delicious niche restaurants, bistros, cafes, and markets that have become staples in the downtown and surrounding communities with solid support from residents and visitors. There’s a wide range of establishments offering simple to exquisite cuisine, and they all have two things in common. First, each of these Continue Reading
Buying Asheville Vacation Homes as Investment Properties
Buying Asheville Vacation Homes as Investment Properties Asheville vacation homes have become a very popular type of investment property. It’s safe to say we get more inquiries from buyers looking for vacation homes in Asheville, NC than we do buyers looking for multi-family investment properties. But before jumping into your search for a vacation rental, there are several important things to Continue Reading
Good Places to Live in Asheville NC – Discover Hidden Gems in America’s Happiest City
Asheville, NC is a popular real estate market for just about all types of buyers, including families and young professionals. But it has also become a hotspot for tourists and retirees. This means that many people that shop for real estate in Asheville are from other areas. We routinely work with clients from other parts of the state, other regions in the country, and even other nations across the Continue Reading
Buying Land in Asheville, NC
The market for land in Asheville, NC is very different than in many other parts of the country. The varied mountain topography of our area, as well as the vast amount of protected land in National Forests, watersheds, and state forests limit the amount of supply in the market. At the same time, the inventory that is available is incredibly diverse. Land for sale in and around Asheville can be Continue Reading
Moving to Asheville, NC
Making Asheville Your Home Asheville, North Carolina is one of those places that has a lasting effect on a person. Just at the mention of it, a person who has encountered this city typically lights up. Most everyone who visits or even lives in Asheville wants to share this special place with those who have yet to experience it. So, what is it about this city in Western North Carolina that Continue Reading
Black Mountain Upper End Market is Heating Up
As the Black Mountain real estate market has improved dramatically over the last couple of years, the upper end ($600,000 and up) has stayed relatively flat. But it seems that 2018 might be a turning point. As of today (May 17, 2018), there have been 4 closed sales in Black Mountain over $600k year-to-date. Last year, the numbers were the same through May 17. But in 2017, just as the selling Continue Reading
Asheville & Black Mountain Real Estate Market – 2017 Year in Review
This past year was quite a year for Asheville and Black Mountain real estate. In the more affordable price ranges, homes sold almost as quickly as they were listed. And the upper price ranges saw an increase in the number of sales. We've put together some graphs of some of the more common indicators, and then broken them down by areas and price ranges. We'll look at Asheville, Black Mountain, and Continue Reading
Black Mountain, NC Awarded TripAdvisor’s Prettiest Small Town in America
Congratulations to the Town of Black Mountain, North Carolina! TripAdvisor's "America's Prettiest Small Town Vacations" contest has ended, and the runaway winner is Black Mountain, NC. Black Mountain received 34% of the vote, with the second place town receiving 21%. That's a landslide, right? TripAdvisor named "Five Reasons Black Mountain is the Prettiest Town in the USA." To see them, Continue Reading
Buncombe County Announces Property Value Reassessment for 2017
The Buncombe County Tax Office has announced that real estate taxes will be reassessed in 2017. Notices of new property tax values will be mailed to property owners in February. Why is this Happening Now? As discussed before on this blog, counties in North Carolina are required by statute to reappraise properties at least every 8 years, and no sooner than every 4 years. Our last assessment was Continue Reading
