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Market Updates

Selling Your Asheville Home

Selling your home in Asheville can be challenging in any year. Even if market conditions are perfect for homeowners who want to sell, just the act of finding a buyer, shopping for a new place, and organizing a move can…

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Buying A Second Home


Buying a second home is a common dream. Whether you want a place at your favorite vacation spot or a getaway close to home, it’s fun to imagine the possibilities. And, according to recent estimates from the National Association of…

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Housing Gains Balanced on Wages and Prices

Housing Rates in Asheville

Last year, the housing market posted its best numbers since 2007. Still-favorable affordability conditions, led by low mortgage rates, resulted in a strong year for home sales. But with the Fed’s decision to raise interest rates and the continuing climb…

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Home Loan Rates Drop – Demand Rebounds!

Home Loan Demands

Home loan demand has been volatile the past couple of months due to new mortgage regulations, the holidays, and the Fed’s interest rate announcement. But, according to the Mortgage Bankers Association’s Weekly Applications Survey, prospective borrowers returned last week following…

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Gov’t Housing Report Finds Rising Equity

Rising Equity

The U.S. Department of Housing and Urban Development releases a monthly scorecard that tracks the health of the housing market and the administration’s foreclosure prevention efforts. The most recent release highlights many encouraging signs, including the millions of mortgage modification…

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Housing Market 2015 Year-In-Review

real estate asheville

All the numbers have yet to be reported but, according to’s chief economist Jonathan Smoke, 2015 was a year of growth and improvement for the housing market. New and existing home sales both rose, with gains seen among first-time…

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Builder Confidence In New Home Market Still High

builders in asheville

The market for newly built single-family homes is an important barometer of the real estate and housing market’s health overall. Because of this, the National Association of Home Builders surveys builders each month and asks for their perception of current…

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Housing Market Strong Among Baby Boomer Buyers

residential real estate asheville

The residential real estate market is booming among buyers 55 and older, according to the most recent 55+ Housing Market Index from the National Association of Home Builders. The index – which measures builders’ perceptions of current sales, prospective buyer…

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