Blog :: 02-2016

Greybeard Realty Adds Another Homegrown Black Mountain Realtor

Greybeard Realty of Black Mountain announces the addition of Leigh Glenn Lunsford, our newest Realtor. Leigh joins our other 20 brokers, each with a special NC mountain connection.

New Greybeard Realty RealtorLeigh Glenn Lunsford, a fifth generation Black Mountain native, knows our local area well. An Owen High School graduate, she attended Queens College in Charlotte NC before transferring to Appalachian State in Boone, NC where she graduated with a degree in Biology with a Chemistry minor. After graduation, she returned to Black Mountain and opened Riddles Flower Shop that she owned and operated for 20 years.

Leigh is excited to use her familiarity with the local area to help new clients find their special home. "I feel very fortunate to live in such a beautiful, serene place myself," she says. "I'm looking forward to assisting other people who want to relocate to our incredibly peaceful area."

Leigh is married to Jamie Lunsford, also a Black Mountain native and owner of Jamie Lunsford Construction Inc. In her spare time she enjoys cooking, gardening, canning and spending time at the Lake James house that she and her husband own. She has always possessed a strong love and compassion for animals, especially her dogs. 

Greybeard Realty, established in 1998 by founder and president Chip Craig, serves the western NC area with offices in Black Mountain and Asheville. In addition, Greybeard Rentals manages more than 350 area rental homes for vacationers and long-term renters. Please contact Greybeard Realty for more information.


Get the Low Down on Black Mountain's 68 So Hi Trail

A traditionally styled log home nestled in 17 acres of serenity, all with easy access to Black Mountain, awaits you. If you've had your eye out for an idyllic Black Mountain vacation home, now is the time to head up this way to see 68 So Hi Trail.

Constructed in 1983, this three-bedroom, three-bath home has been meticulously maintained. Beautifully landscaped, this home has spectacular views from the covered front porch. On cool evenings, settle in around the large stone fireplace or head downstairs to the finished family room with the wood-burning stove. And best of all, while the property offers pristine nature and wildlife, you are only minutes away from Black Mountain.

Owning a Black Mountain vacation home has its benefits. And Greybeard Realty has a number of Asheville area vacation homes for sale. If it's a log home you're seeking, be sure to see Greybeard's Log Cabin webpage. For more information about this property or any of our listings, please contact Greybeard Realty.


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    Strength in Numbers for Asheville Real Estate 2015

    The end of the year is always time for reflection and resolutions. And real estate is no different.  The year-end numbers for real estate sales in Buncombe County and Black Mountain indicate that the market is solid. A closer reflection of the numbers reveals some interesting information.

    Buncombe County Numbers

    For the whole year of 2015, Buncombe County saw 4,026 units sold, a 13% increase over the same period in 2014. That number of units sold marks the fifth consecutive year of increased unit sales in the county. Further, that number also represents the highest number of units sold in the last nine years. At the same time, total sales volume showed a healthy 17% increase in 2015 over the same time in 2014. And in fact, 2015 volume was the highest in the last nine years as well. 

    The average price, in 2015, increased 4% to $282,224. It will be interesting to track the average price change over the next few months as recent increases have been tied to a shrinking supply. After a steady decline for the last four years, however, the number of units on the market ticked up 4%.  If that increase continues, it could impact prices further out.

    Black Mountain Numbers

    In 2015, Black Mountain saw a strong 25% increase in the number of homes sold. The number of units sold has gained strength each year since 2010, but this number is the largest annual increase since that trend began. Sales volume in 2015 increased a remarkable 42% to $55.6 million. That number surpasses total sales volume for the last eight years.

    A large portion of that sales volume increase can be attributed to the 14% increase in price that Black Mountain experienced in 2015.  And, in turn, that price increase can be attributed in part to the shrinking supply of homes. While Black Mountain did not see the increase in units on the market that Buncombe County did for the same period, it did have a very modest 1% decline. That may illustrate that the Black Mountain market remains fairly tight on the supply side for now. Those numbers will bear watching in the months to come.


    So after reflection, it seems important to come to some resolution. For now, the Black Mountain market seems to remain tight on supply, with prices still increasing as a result. In Buncombe County, this is the first year in some time where supply shows a slight increase. It will take some time to see if that is going to be the next trend. In the mean time, the market shows very positive signs of growth and very solid trends in the positive. It will be interesting to see how the 2016 real estate market evolves.

    To stay up to date on Asheville real estate market numbers, please see Greybeard's current market statistics. If you'd like to see what's on the market right now, click on Greybeard Realty's available western NC listings. and as always, if you have any questions, please contact Greybeard Realty.