2009 Annual Real Estate Report
January 29th, 2010 categories: Real Estate News
Is your price range up or down?
Here it is!
Click this link to see the complete report. The Beverly-Hanks Annual Report for 2009. This is a comprehensive report on statistics for all sales in seven Western North Carolina counties. Here you will find the number of homes sold, average home selling price, lot/land sales, Housing trends and much more information.
To paraphrase Neal Hanks, President of Beverly-Hanks & Associates personal message: “The good news is our local market has in fact reached the bottom of a downward slide that lasted almost two and a half years. However, while the real estate market is improved it may be a little early yet to proclaim we are “out of the woods” so to speak. Inventory levels remain high even considering increasing demand. It will take a while longer to reach the balanced level of supply & demand. But, we are headed in the right direction”.
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Why Rose Hill Plantation?
January 26th, 2010 categories: Property Videos
Today I would like to show you the Clubhouse at Rose Hill Plantation in Leicester, N.C. For those of you unfamiliar with the town of Leicester, it’s approximately 12-15 minutes northwest of downtown Asheville. Leicester has stunning mountain views and you immediately feel very relaxed in it’s countryside.
As the On-Site Manager of Rose Hill Plantation I’m a little prejudiced as to what the development offers, but let me explain what it’s all about and you can make the judgement. Rose Hill is built on 58 acres of what I call a very large hill. I can’t really call it a mountain, but because all the sites are elevated and terraced, they all have tremendous mountain views. 40 acres of the 58 will remain green space, with walking trails, a fishable pond and raised-bed gardening. Pricing begins in the low $200’s to $350’s. You cannot beat these kind of mountain views at this price point and that’s why you should consider Rose Hill Plantation!
Rose Hill homes are Lock & Go, meaning they are single-family residences with condo ownership and are maintenance free. All the exterior landscaping, exterior building maintenance and water & sewer are included in the monthly maintenance fee of $156. Total number of homes to be built will be 103. All the roads, street lights, underground utilities and beautiful clubhouse are in. Tennis courts and Fitness area will be complete in a couple of months. I’ll highlight those ammenties as they are finished, but click on to my video and check out the tour of our beautiful clubhouse. It was a little windy when I started, excuse the sound!
Rose Hill Plantation Clubhouse
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Asheville North Carolina Snowstorm – Fun!
December 20th, 2009 categories: Interesting Tidbits, Real Estate News
Me & Summer on the way to play in the snow with "Cooper"
Yep, we got it good! I estimate we’ve gotten 18 inches of snow in Weaverville and Asheville since yesterday. It just isn’t stopping, but it’s sooooo beautiful. This is a rarity here, usually we get 1-3 inches during a snowfall and it’s gone in two days time. Prior to this snow, it was 1993 that produced this kind of snow and before that 1971. So I say, let’s enjoy it while it’s here!! Here I am standing in front of our house with “Summer” on the way to go play with little “Cooper”. Plowing? What’s that?
This is “Cooper” our neighbors new puppy.
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I-40 Rockslide update
December 9th, 2009 categories: Interesting Tidbits
Boy-o-boy! What a mess this rockslide has been. The detour is 53 miles long and this just isn’t something you want as a surprise on your next visit coming from the west to the Asheville area. Click the link for the December 9th update on the I-40 rockslide.
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Buncombe County passes zoning ordinance
December 8th, 2009 categories: Real Estate News
Wow! It looks like Buncombe County is actually moving into the modern world by adopting zoning. For those of you who don’t live in our beautiful part of the Blue Ridge Mountains, zoning has been a hotly debated subject since the beginning of mankind . . . Why? Because people who have lived here for generations just don’t like being told what they can do with their property. Zoning means change and, frankly, most of these folks feel things were better around these parts before Asheville started showing up as a regular on the “Best Places to Live” lists.
Well, the time has come to implement zoning maps and districts, rules to govern district boundaries and in plain talk, have a plan! It’s been a long time in coming and will certainly help provide the protections property owners need to ensure orderly growth and development.
Click this link if you would like to know more about Ordinance #09-12-01?
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Mortgage Week in Review
December 1st, 2009 categories: Mortgage Reviews
A combination of factors helped mortgage rates improve yet again during the short Thanksgiving week. Strong demand for the Treasury auctions, low inflation, and a fragile economy were all positive for mortgage markets. As a result, mortgage rates dropped to the lowest levels since January.
The consensus economic outlook is for a gradual recovery with low inflation, and the economic data released during the week was consistent with this view. Economic growth during the third quarter of the year was revised lower, but both the Fed and private economists raised their forecasts for future growth. This week’s economic reports indicated that some sectors of the economy are improving, such as the housing market (see below), while others reflected weakness. Wednesday’s data on Core PCE prices continued to show little inflationary pressure, which allows the Fed to keep rates low to assist the economic recovery.
This week’s home sales data far exceeded expectations across the board. October Existing Home Sales jumped 10% from September. Inventories of unsold existing homes dropped to a 7.0-month supply, the lowest level since February 2007. October New Home Sales rose 6%, and inventories of new homes declined to the lowest level in decades. Extremely low mortgage rates, high affordability levels, and the first-time homebuyer tax credit boosted sales in October.
Copyright @ 2009 MBSQuoteline
Brought to you by our Asheville Beverly-Hanks Mortgage Professional – Cameron Lewis
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Happy to be back in Asheville!
November 28th, 2009 categories: Places I've been
For those of you who follow my blog, I’m sure you’ve been wondering what’s taken so long to see something new? Well, I was on vacation my friends! My mother Claire and I did a wonderful mother/daughter bonding and took a Mediterranean cruise. It’s always fun to visit Europe, but that same old feeling of always being glad to be home in Asheville takes over. Click on the names of the city’s I visited for even more info.
We visited Istanbul, Turkey, which felt and looked very European. Known as the city where the East meets the West, we found it beautiful, the people friendly and the Antiquities fascinating. This is the sarcauphagus of Alexander the Great.
Entrance to Grand Bazaar - Istanbul
Of course we took a trip to the Grand Bazaar and were wowed by the sheer enormity of it all. Would love to go back and spend a week in Istanbul. This is the sarcauphagus of Alexander the Great.
Walled city of Old Dubruvnik
Next, we went to Dubrovnik, Croatia on the Dalmation Coast. What a pleasant surprise Old Dubrovnik was to us. We toured the Old city that is completely walled in, extremely clean, stone walkways and charming shops. Excellent Gelato that I endulged in! Very scenic & interesting.
On to Athens, Greece. This was one of my very much anticipated stops. I’ve been wanting to visit Greece for years, and on this trip I made my way to the Acropolis! Absolutely Fantastic! The view of Athens from the Acropolis is phenomenal. Standing on these grounds you are transported back in time to the beginnings of civilized Greece. I’m definitely bringing my husband back here for at least two weeks!
From Greece, we toured Venice, Naples & Rome Italy. I am IN LOVE with Venice, Italy. Unfortunately, the day we were there it rained all day and a hard wind. But we made our way on the water shuttle to St. Mark’s Square and toured the museum of antiquities. Did you know that St. Mark’s Square is so low now that they have elevated sidewalks made of wood & steel to walk on when it floods? No gondolas open for business that day, Oh well . . .
Venice, Italy
Gaudi Church
The last stop of our 12 day cruise ended up in Barcelona, Spain. A beautiful city, so elegant in architecture and history. We toured a few examples of Gaudi’s architecture, mind boggling! This particular church began construction over 100 years ago and they still don’t know when it will be completed. It is now being built solely on donations.
So, the long trip home was 12 hours of flying time alone. My mother chose Air France because they are known for good food on the flight. They also give you Champagne, wine & beer as part of their routine beverage service. It took me the better part of a week to recover from the jet lag, but so happy to be home in Asheville now and back to real estate blogging!!!
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Asheville Fall colors and Halloween
October 29th, 2009 categories: Real Estate News
This is our beloved Dakota. He was always willing to do silly things that made us happy and was the best darned dog a person could have. Dakota passed away last December and our hearts are still heavy from the loss, but whenever I come across this photo I feel compelled to share it with everyone at Halloween.
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Are Asheville homes in jeopardy over toxic drywall?
October 17th, 2009 categories: Real Estate News
The latest environmental concern for homeowners appears to be Chinese drywall installed in the US between 2004 and 2007. During these years, gulf coast states experienced significant property damage from tropical storms, with damage to Florida being particularly severe. This created a shortage of sheetrock or drywall, and material was imported to meet consumer demand. Some imported Chinese drywall emits a foul odor, causes plumbing to corrode and may be a health risk. While Chinese drywall was sold in North Carolina, the quantities were very small. As you will read below, 96% of all distribution took place in six states.
Click this link for the latest news about Chinese-made drywall.
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Southcliff wins the Gold!
October 16th, 2009 categories: Neighborhoods
The Parade of Homes is an annual showcase of newly constructed homes and complete remodels presented by the Asheville Home Builders Association. Southcliff’s entries included a single family residence and one of our Townhome Lodges-both entries received gold recognition from local area realtors judging this year’s Parade.
The Parade of Homes continues through this weekend (Saturday and Sunday 12:00pm – 5:00pm). Stop by and see for yourself what makes the homes at Southcliff award winning!
For more information visit www.AshevilleHBA.com
45 Slide Rock Way, Edgens Cove
By Longmeadow Homes, $550,000 
A perfect design for today’s casual lifestyle and with room to grow into an unfinished bonus room, the Edgens Cove Cottage packs a lot of living into a smaller footprint. This home’s open floor plan promotes family-centric living but also caters to everyone’s occasional need for privacy-with an upper-floor family room for the kids and a master-suite sitting area for you.
Edgen’s Cove Cottage was built by Longmeadow Homes, a builder of custom homes and lot/home packages, including many of the homes in Southcliff. The partners of this family-owned business have been building homes for over 20 years and offer the hands-on custom touch that makes each of their homes unique. Visit http://longmeadowbuilders.com/ for more information.
19 Hawk’s Branch Circle, Townhome Lodge
by Beverly Grant, $870,982
The Hawk’s Branch
Townhome Lodges are Southcliff’s mountain-style lock-and-go lifestyle homes. Noted architect, Armin Wessel, and Beverly-Grant, Inc. joined forces to create these unique spaces where every imaginable amenity has been included to bring comfort to you and your guests.
This home’s finishes include Cypress tongue-and-groove vaulted ceilings, gourmet kitchens with DCS appliances, home theaters featuring 110″ inch high-definition projection televisions and extensive audio systems, custom closets, covered decks with Trex decking, two-car garages on the main level, and much more. Yes, it is alot to include in any home, but with “seamless living” as the main focus, they created a space that is both hard working and effortless. Southcliff is proud of these lock-and-go units-allowing you to spend as much time away as needed, with the peace of mind of returning to a safe and secure home. Visit http://beverly-grant.com/for more information.
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