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

Despite the downturn in real estate markets across the nation, Greybeard Realty experienced growth in 2008. Our market share within the Asheville Board of Realtors has increased, as our firm climbed from 19th overall to 11th. In 2008, we represented buyers or sellers in 49 home sales transactions. By comparison, we represented clients in 50 [...]

People often ask what they can do to make their house sell faster once they decide to put it on the market.  Before a seller begins to think about pricing, etc., I strongly suggest they have a home inspection done.  That's right, the seller.  While buyers usually choose to have a home inspected prior to purchase, I feel that it's just as [...]

You only get one chance to make a first impression."

I'm not sure who said it first, but, whoever gets the credit, the adage was never truer than when applied to selling a home.  When you have made the decision to sell your home, it is imperative that you take certain steps before you show the house for the first time if you want to ensure [...]