Days on the market shrunk significantly from May to June, as is traditional in our market, with the change in average price continuing to show double digit growth over last year. Despite a large number of sales, more inventory has come to the market, as we predicted, giving us a slightly larger supply of homes […]
The market trends we saw in December strongly reflect the larger market trends for our area. While there were fewer new listings and closed sales overall, the sharp increase in median sales price in Buncombe County as well as the significant decrease in month supply of homes in Asheville and Buncombe County indicates that the […]
November is typically the slowest month of the year in the real estate industry. Clients find it challenging to make time for house hunting and keeping the home they’re selling pristine for showings during the holiday season. Because there are fewer sellers in the market, the months supply of homes is at the lowest it’s […]
The U.S. had the best economic year in 2014 since the recession in 2008-2009 and 2015 looks even better. With an accelerating economy and job growth here in Asheville and across the nation we have a great feeling about 2015. Data taken from Realtor.com Chief Economist Jonathan Smoke @ Realtor.org. The Asheville Area Chamber of Commerce […]
August 7, 2013 Madison County Market Stats Through August 1, 2013 Click graph for larger view.
A great article discussing where the housing market stands and if it really is turning. Excerpts taken directly from the blog http://bonddad.blogspot.com/2012/02/how-affordable-is-housing.html Objective Facts, They are for real. By jon Stewart In determining if the median American family can afford the median house, there are at least two separate factors to consider: (1) how affordable […]