Greybeard Realty experienced a 14 % increase in home sales volume for 2009.  That figure in itself is impressive, but when it is compared with area sales volume overall it becomes even more [...]

Last month I cited my father's advice in saying "if you can't say something nice then don't say anything."  This month, I would like to point to the wisdom of Albert Einstein when I say, when considering the annual numbers for homes sales for Black Mountain, just remember, "It's all [...]

Punxsutawny Phil is not the only one making predictions and prognostications this time of year. Industry experts  have noted the trends within the Asheville real estate market of the last few months, and for these observers, the future appears to be one of [...]

From an early age, my father taught me that if you can't say something nice then don't say anything.  This is my first article in a while.  In the last 12 months there hasn't been much nice to say about the Black Mountain real estate market.  Statistics from the Multiple Listing Service (MLS) indicate that the real estate market in our area [...]

While Black Mountain may have been one of the last markets hit by the economic downturn, we believe it is one of the first markets to begin recovering.  While sales in Black Mountain and Buncombe County are down from the previous year by an average of 30%, statistics from the Western North Carolina Regional MLS show that we have may have reached the bottom and are beginning to rebound.

For the first time since March 2008, home sales (# of units) in Black Mountain have exceeded the sales from the same month in the previous year, and currently, 22 homes are under contract. And while the average cost of homes significantly dropped from last year, we are finally seeing an upswing --- the median price of homes in Black Mountain has increased by 2% year-to-date.

The good news continues for August.  In August 2008, there were 3 homes sold in Black Mountain.  As of the date of this posting (August 29, 2009), there have been 7 closed sales this month.

Greybeard Realty has become the leader in high-end home sales in Black Mountain and Montreat.  Having sold 50% of all homes in the $400,000 and above market since August 2008, Greybeard's success testifies to our experience, knowledge, and, most importantly, to the trust of buyers and sellers alike.

"We have increased marketing expenditures by 30% in a down economy, resulting in our website has seeing nearly double the traffic from the previous year, and our vacation rental reservations have increased dramatically over the last several months," noted Chip Craig, owner of Greybeard Realty.

According to sales figures from the Asheville Board of Realtors, Greybeard is ranked #1 for total market share in Black Mountain and #11 for the entire Board.  Says Craig, "We are thrilled to be competing so well with larger firms.  We have 9 full-time agents, while the firms ranked ahead of us in terms of market share have dozens, if not hundreds."

Just a few of the Luxury Homes sold by Greybeard Realty

Montreat Real Estate Sales While the national economy has impacted Montreat real estate sales, our mountain cove has been protected from most of the economic storm. Montreat Property continues to sell.

Click here for a complete list of closed home and lot sales.

For currently listed properties in Montreat, click for Montreat homes for sale and Montreat [...]

"Trouble is only opportunity in work clothes." Henry J. Kaiser (1882 - 1967)

At first sight it is hard to see the opportunity in a difficult time, but more often than not we may find that it is the very time to reevaluate and make plans for the future. From the outset of the economic downturn, Greybeard Realty has intentionally used our [...]

The American Recovery and Reinvestment Act, signed into law on Feb. 17, 2009, provides many buyers with a tax credit of up to $8,000 if they purchase a home between January 1 and November 31, 2009.  Most news outlets have referred to this credit as available only to [...]

With buyers focusing more and more on energy-efficient home designs, modular home construction has become increasingly popular in the Black Mountain and Asheville area.

Modular constructions provides other advantages, including a more environmentally-friendly building process that helps minimizes construction waste.

Some modular companies [...]