Real Estate News

Real estate news in Asheville and Western North Carolina.

Eight Tax Breaks for Homeowners

Eight Tax Breaks for Homeowners

Taxes are due April 15, which means it’s time to start gathering your W2s, 1099s, child care receipts and bank statements. But before you sit down with your accountant, it’s important for you to know that merely owning a home could mean you qualify for tax breaks. In most cases, you need to itemize your [...]

You’ll Save Money Buying A Home Rather Than Renting

You'll Save Money Buying A Home Rather Than Renting

If you’re staying in your home at least seven years, it can be at least 50 percent cheaper to buy your home instead of renting in Western North Carolina. Let’s take Charlotte, for instance. It doesn’t matter that home prices have risen by 2.5 percent when tenants are experiencing an upswing in rental rates to [...]

How Will The New 3.8 Percent Home Sales Tax Impact Western North Carolina Home Owners?

How Will The New 3.8 Percent Home Sales Tax Impact Western North Carolina Home Owners?

As we slide quickly into the bottom half of the year, many home owners have been questioning just what this new 3.8 percent home sales tax that comes as part of healthcare reforms will mean.  The answer: not much.  The fact is that only a few home sellers will be subject to this tax, which [...]

Foreclosure Avoidance Options

Foreclosure Avoidance Options

Foreclosure is one of the most devastating financial challenges that a family can face and one that many times can be avoided. Distressed home owners now have more options than ever, and if they act quickly and work with a CDPE real estate agent like myself who can give them the most accurate and up-to-date [...]

Are You Eligible For The Other Foreclosure Settlement?

Are You Eligible For The Other Foreclosure Settlement?

North Carolina’s one of 49 states involved in an agreement between state attorneys and the nation’s five largest banks to settle with homeowners who have suffered financial loss from mortgage abuses. There are two ways for homeowners to receive compensation. Consult with your attorney to see which is right for you, as you may not [...]

How Will The 25 Billion Foreclosure Settlement Affect You?

How Will The 25 Billion Foreclosure Settlement Affect You?

In February, the nation’s five largest banks struck a deal with 49 states to settle charges of abusive and negligent foreclosure practices dating back to 2008.  The New York Times reports that the deal could provide some relief to close to 2 million homeowners. Here are the the major points in the deal: Principal Reduction [...]

Why Now Is A Good Time to Buy A Foreclosure Home

Why Now Is A Good Time to Buy A Foreclosure Home

Although nationally the housing market is in poor condition and the Western North Carolina real estate market continues to be challenging for clients trying to sell property,  conditions are favorable for home buyers or investors who are looking to purchase foreclosure homes. The current real estate market presents opportunities to obtain a home in a prime location for an exceptional [...]

Western North Carolina Real Estate Trends

Western North Carolina Real Estate Trends

While the Western North Carolina real estate market continues to be challenging for clients trying to sell property, it is the perfect opportunity for buyers looking for deals they could not have imagined a few years ago. Some of the real estate trends that we are experiencing in Western North Carolina are the following: 1) [...]

3 Reasons You Need A Real Estate Agent That Is Familiar With The Foreclosure Market

3 Reasons You Need A Real Estate Agent That Is Familiar With The Foreclosure Market

3 Reasons you need a real estate agent that is familiar with the Asheville, NC Foreclosure Real Estate Market: 1) Buyers want to evaluate the Foreclosure and Short Sale properties while considering properties to purchase. Many realtors do not understand how to deal with the banks and discourage their buyers from looking at the foreclosure [...]

3 Reasons to Follow Soros in Puchasing Farm Land in Western North Carolina

3 Reasons to Follow Soros in Puchasing Farm Land in Western North Carolina

According to Bloomberg, as global food demand and prices increase, investors are moving into farm ownership, with an average 16% return annually since January 2008. 3 Reasons to Follow Soros in Puchasing Farm Land in Western North Carolina: 1. Western North Carolina offers great options for small farms located near quaint cities and towns. [Keywords: [...]

Cliffs Developer pledges progress for High Carolina | Asheville News

Cliffs Developer pledges progress for High Carolina | Asheville News

ASHEVILLE — With an investment that’s already reached $150 million, the developer of The Cliffs at High Carolina, which features a golf course designed by Tiger Woods, said he is fully committed to completing the project. With the news on Monday that Woods’ first project as a designer — an 18-hole course in Dubai that was [...]