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Asheville Real Estate Sees Promise in Some Market Numbers from the South

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The Asheville real estate market, which showed some promising signs last year, can take more hope in the most recent numbers from real estate in the South.  In the South, sales of single family homes rose 3.8 percent in January.  While the median price for existing single family homes decreased 2.6 percent in the region, compared to January 2011, the market still shows signs of promise.

 

Asheville Real Estate

 

Unsold listed inventory of homes in the South reached a record 4.04 million in July of 2007.  Overall, the total listed inventory has been headed downward, and the inventory now stands 20.6 percent from a year ago.

While it's still early in 2012, various market signs are pointing to a more positive real estate market in the South.  We have to expect that the Asheville real estate market will be leading the way. For more information or for help in navigating the Asheville real estate market, please contact Greybeard Realty.

Asheville Real Estate Market Features Commercial Property with Character

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The Asheville real estate market has varied commercial property offerings, but it is rare to find such a charmingly preserved property as Greybeard Realty's 101 Black Mountain Avenue. Located in historical downtown Black Mountain, this 8,800 sq. ft. renovated factory building features exposed brick, extremely high ceilings, and old-time character with modern updates.

 

Charming Commercial Real Estate

 

Recently renovated, this property sports new hardwood floors, new HVAC, wiring and plumbing, and off-street parking.  The potential possibilities for this prime piece of real estate are limited only by the new owner's imagination.

If you're seeking a new property that will blend in with the delightful ambiance of Black Mountain, you have found your location.  The property is ready and updated...just bring your own business plan. For more information about this property or other Asheville commercial property, please contact Greybeard Realty.

Pristine Asheville Area Real Estate Cottage for Sale

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Pristine Mountain Cottage

 

This special Black Mountain cottage is pristinely maintained and offers its new owners an enviable location, just a five minute walk from the town of Black Mountain and Lake Tomahawk.

The three bedroom, two bath home features gleaming hardwoods and an up-to-date kitchen with granite countertops.

While it would make a wonderful second home or retirement home, it also can be used as an in-town rental property.  For more information on this cottage or other Asheville real estate property, please contact Greybeard Realty.

Asheville and Black Mountain Real Estate Markets Show Hopeful Signs

Several years ago, as the recession began, I wrote about the Asheville real estate market and looking for positives signs in a down market.  I noted that as we were one of the last markets affected, we should be the first to show signs of recovery.  The most recent numbers for the real estate market seem to give some bearing to that economic [...]

Potential New Asheville Brewery Causing Buzz

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Those of you who got a chance to sample a few of our locally brewed beers at this year's Asheville Oktoberfest will be excited to learn the new buzz about Asheville's craft brewing market.  Rumors within the Asheville business community are swirling around the possible news that a second major American craft brewery may be relocating to the Black Mountain area.  If true, business leaders predict that the new company could bring as many as 140 new jobs to the Asheville business market.

 

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More beer headed our way?

 

Rumored to be studying Black Mountain and Buncombe County very seriously, this brewery can only enhance Asheville's recognition as a premier beer community.  Buncombe County, home to 10 craft breweries already, has won the Beer City USA designation for the last three years.

Black Mountain already boasts of one major craft brewery, Pisgah Brewing Co.,  and that company's founder told a local journalist that adding another major craft brewery would increase local tourism. The new brewery, thought to be a West Coast business, would offer brewery tours and have a restaurant.

For more information or to check out local real estate offerings, please contact Greybeard Realty.

President Obama Praises Asheville

President Obama Speaks

On day one of his three day bus tour, President Obama stopped by the Asheville airport and expressed optimism about job creation in Asheville and North Carolina. While promoting has job plan, he also expressed his love for Asheville.  Speaking before a primarily supportive crowd, he talked about the urgency for job creation not only in

 

President Obama Speaks

President Obama at the podium earlier

 

Asheville and North Carolina but across the nation.  In his remarks, however, he paid special tribute to Asheville.

"I love Asheville," he told the crowd.  "Every time I meet somebody I say have you guys gone down to Asheville?  Our family has great memories of staying here, and it's always nice to get out of Washington and breathe some of that mountain air."

The President and Mrs. Obama last visited Asheville in April 2010 and made several stops at local hangouts.  It's always nice when someone recognizes what those of us who live here have known all along.  Asheville is a special place.

For more information about Asheville Real Estate, please contact Greybeard Realty.

Asheville Real Estate Market Welcomes Vacation Rental Ordinance Change

Buncombe County rental restrictions eased

The Asheville real estate market received a potential boost October 4th when Buncombe County commissioners voted unanimously to change the current zoning ordinance for vacation rentals.  Since December 2009, residential rental restrictions have been in place, limiting new properties from entering the rental market. 

With the rental restrictions, many Realtors reported that homebuyers looking for second homes were often deterred by the rental restrictions.  It is not unusual for people planning to retire in Buncombe County to buy a home prior to retirement and put it into the rental market until they are ready to relocate to the area permanently.  The restrictions meant that was no longer a legal option.

 

Buncombe County rental restrictions eased

Rental Restrictions for Buncombe County revized.

 

With the commissioners' action which allows rentals countywide, homeowners will now have that option restored.  In addition, visitors to the Asheville area will have more rental properties from which to choose.  Many tourists prefer to stay in a home and have a more authentic mountain cabin experience than a hotel room may provide.

For more information about Asheville area homes and rental properties, please contact Greybeard Realty.

View Asheville Real Estate on the Autumnal Equinox

View from Greybeard's Webcam

If you're headed to visit your own Asheville real estate or want to know if it's a nice day to property hunt, be sure to check out the Greybeard Webcam and see Black Mountain in action.  Located atop My Father's Pizza, the webcam captures daily life as it's happening which enables viewers to see current weather conditions and observe traffic right on Cherry Street. 

 

View from Greybeard's Webcam

Check out real time weather at Greybeard's webcam

 

With the arrival of the autumnal equinox comes varying weather in the Asheville area.  Greybeard's webcam lets you see road conditions in real time.  As a property owner, do you need to know when the cold hits so you can winterize your home?  Are you worried about whether roads are passable? As a potential buyer are you eager to see what winter means in Black Mountain?  If so, tune in to our webcam and vicariously enjoy a beautiful mountain day.

For more information or to explore real estate offerings in the Asheville area, please contact Greybeard Realty.

Pristine Mountain Property on Asheville Real Estate Market

Secluded Montreat Haven

This Montreat retreat, one of the most pristine mountain properties on the Asheville area real estate market, abuts a preserved wilderness property bordered by streams and waterfalls. This impeccable log home, built in 1994, sits on a private 3 acre lot.  In 1999, the home site became the first Montreat home designated a National Wildlife [...]

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