Real Estate News

Real estate news in Asheville and Western North Carolina.

By admin • January 28th, 2012

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 [...]

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 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 [...]

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: [...]

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 [...]

Hot new-home trends for 2011 Practicality is in, as homebuilders cater to buyers’ changing wants and needs. By Christopher Solomon of MSN Real Estate 1. Smaller homes that ‘live’ the same “One big trend is the smaller homes,” says David Barista, editor-in-chief of Professional Builder and Custom Buildermagazines. In fact, the median size of new U.S. homes fell from 2,277 square [...]

We recently heard of Morgan Stanley Smith Barney’s Jumbo Mortgage program.  They offer 15 and 30 Year Fixed Rate Jumbo Mortgages with loan amounts up to $5 million. Morgan Stanley Smith Barney also offers Jumbo 3, 5 and 7 Fixed-to-Adjustable Loans and variable one-month LIBOR ARM’s. These are offered through Morgan Stanley Credit Corp. and [...]

Buying a home is the biggest purchase most people will ever make, yet many go into it blind. Here are the six most common — and costly — mistakes homebuyers make.

Lot 97 & 98 Block B Red Bird Circle, Lake Toxaway, NC Great price on 2 adjoining lots.  Lot 97 is corner lot and Lot 98 has lake access. Beautiful wooded lots with wonderful lake views.  Gravel drive on lot 98.  Lot 97 is PIN#000. Enjoy all Lake Toxaway has to offer and the beauty [...]

1. Better access/more convenience A real-estate agent’s full-time job is to act as a liaison between buyers and sellers. This means that he or she will have easy access to all other properties listed by other agents and will know what needs to be done to get a deal together. For example, if you are [...]

The missed story: Luxury market outperforming Early last week NAR released the national numbers for July sales.  Overall sales saw a large drop 27% from June and 25% year-over-year from July 2009.  As you know by now, the national media jumped on this and pundits and talking heads have been yapping about the dismal housing [...]