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Beverly-Hanks & Associates - area sales leaders since 1976. Let us share our local knowledge and real estate expertise with you.

Asheville NC real estate for sale; offering luxury homes, residential, new construction, new home communities, condos, equestrian communities and golf communities. Search for Asheville NC real estate by city, town, area, county, community, subdivision. Look at out inventory of Asheville homes for sale, Weaverville NC homes for sale. Homes for sale in Arden, Biltmore Lake, Montford, Biltmore Park.

Asheville real estate offers a diverse range of land and homes for sale searchable through our quick search, hot sheet and advanced real estate search features. Whether you are looking for a luxury home in downtown Asheville, equestrian communities,

golf course communities, we have it all. You can also search for Asheville green built homes, gated communities, retirement communities, new home construction, historic homes, log homes, 55+ communities, homes with mountain views, city views, or maybe just that peaceful country setting.

We are professional Realtors® and we will work diligently to find you the perfect property. We also offer services for both buyers and sellers offering buyer and sellers guides, relocation services, current and past Asheville NC market reports, real estate FAQ's. Let the real estate experts help you in finding your next home and/or selling your home.

This site is full of Asheville community information; about Asheville, local news, weather, topography and scenery, video library, Asheville photos, neighborhoods, regional airport, area atractions, accommodations, services directory, schools, site map, real estate information, area map, employment, health care, utility information, list of rental companies.

We also offer information on relocating, what areas should I live in?, 1031 tax deferred exchanges, what's my home worth?, buying a home, buying a luxury home, selling your home, preparing your home for the market, about Beverly-Hanks, and testimonials. 

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Beverly-Hanks 2016 Local and National Real Estate Market Report (1 of 9)

Summertime temperatures and the number of homes selling each month are two measurements that increase like clockwork this time every year. The second quarter is often the most active for the Western North Carolina real estate market, and this year was no exception.The moderate increase in the sales pace and median sales price suggest that the regional market’s growth will continue to be fueled by increasing demand and limited

Beverly-Hanks 2016 Asheville NC Real Estate Market Report (2 of 9)

supply. Recent surveys show that over 80% of each generation believes that home ownership is a part of the American Dream. Fannie Mae’s Home Purchase Sentiment Index (HPSI) assesses attitudes toward owning and renting a home, home and rental price changes, homeownership distress, the economy, household finances, and overall consumer confidence.Fannie Mae’s Home Purchase

Beverly-Hanks 2016 Local Real Estate Market report (3 of 9)

Sentiment Index reached an all-time high in May. • 18 percent of Americans say their household income is significantly higher than it was a year ago, an all-time survey high.• 52 percent of consumers believe now is a good time to sell a home – an all-time survey high.• 42 percent of Americans believe that home prices will go up.The downside to all this positivity and a shortage of homes available for sale is

Beverly-Hanks 2016 Asheville North Carolina Real Estate Report (4 of 9)

reduced affordability for many Western North Carolina residents.Median Sales Price. “Because paces of home sales and appreciation in Asheville are higher than those for the South as a whole, it feels like our home prices are growing unsustainably compared to the areas around us,” says Beverly-Hanks President Neal Hanks, Jr. The reality is that our trends are very close to the national average. Where we are falling short is in

Beverly-Hanks 2016 Asheville Real Estate Market Report (5 of 9)

the number of homes for sale for first-time home buyers. MLS data provides a valuable perspective on what’s happened inside the regional housing markets each quarter, but it fails to shed light on who and why folks are purchasing real estate in our region. Each quarter, we share insights we’ve gathered from the hundreds of people who buy and sell real estate with Beverly-Hanks each quarter. While the data

Beverly-Hanks 2016 Asheville NC Real Estate Report (6 of 9)

represents a portion of the total transactions, it’s proven valuable for gaining a deeper understanding of the trends shaping our local real estate markets. Go to our market report to view full report under Information Center at top of home page The 30-year fixed-interest rate has been bouncing around the lowest rates ever seen. The big players are all projecting sharp increases, but so far rates

Beverly-Hanks 2016 Asheville Market Report (7 of 9)

remain low. It’s hard to imagine rates remaining this low for much longer.Not everyone should buy a home, but if your employment is stable and you plan to remain in WNC for more than a couple of years, buying might make sense. Mortgage availability is getting a little easier every month, but that doesn’t mean that we’re going back to the heady days of 2006. Take a look at the Mortgage Credit

Beverly-Hanks 2016 Asheville North Carolina Real Estate Market Report (8 of 9)

Availability graph.We’re nowhere near the same situation. There are a lot of people who think you need at least a 750 score and a front end ratio of 28% to get a mortgage. However, if we take a look at the average FICO score and maximum ratios for loans, we can see that there are options for people. Insights; Buyers for homes priced under $300,000 are encountering stiff competition. With high demand and 63% fewer homes than this time

Beverly-Hanks 2016 Asheville Real Estate Market Report (9 of 9)

last year, homes are averaging less than two weeks on the market.Compared to the same period last year, home sales over $500,000 are up 40%. In the higher brackets, moderate inventory is leveling the playing field between buyers and sellers. As appreciation increases in the lower priced points and the distribution of sales includes more higher priced properties, we believe the median sales price will climb until supply balances demand.

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What area should I live in?

To help give you a better idea we have broken Asheville down to five areas; Central Asheville ~ North Asheville ~ South Asheville ~ West Asheville ~ East Asheville , so that we can share some of the area highlights along with a quick glance at Asheville real estate in each area. Hopefully this will give you a start in determining what area you might prefer to live and purchase real estate in.

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