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  • NC Mountain Dreams Blog

    Monday, March 4, 2024   /   by Amy Brown

    Monday real estate market update

    Spring has arrived and so have the buyers!
    Activity is hotter than ever and with the opening of the Spring buying season, I have seen a ton of beautiful new listings on the market. 
    Buyers and sellers are entering the market again at a fairly even pace keeping the market at a nice and steady level but competition is only expected to increase as we move into the months of April and May. 

    This is great news if you are looking to sell this season, but don't wait too long! The time is now if you want to take advantage of the market. Waiting too long could cost you another year with the economy still a bit unstable and in an election year. 
    Let's take a look at the numbers:
    Average List Price = $718,357
    Days on market until pending = 7 days
    Days on market until closed = 37 days
    Percent of original list price received = 93.7%
    Months of inventory = 2 months


    As you can see from the line graphs below, new listings and pending sales are increasing at almost the sam! ...

    Saturday, March 2, 2024   /   by Amy Brown

    Zelda Fitzgerald week celebrates literary history

    "Love first and live incidentally" - Zelda Fitzgerald

    Asheville has been known as an inspirational destination for many writers over the decades but none so infamous and exciting as the Fitzgeralds. The couple spent many intermittent years here in the city with Scott staying the majority of the time at the Grove Park Inn while Zelda was receiving treatments at Highland Hospital. While their story is tragic, the contribution that they made to the literary world was extraordinary.

    Next week we will be celebrating the work of Zelda Fitzgerald, a writer, dancer, artist, and her husband's muse. Come and enjoy some of the fun and enlightening events while Asheville gives its tribute to Zelda Fitzgerald and the Roaring 20s.

    Zelda Fitzgerald’s legacy will be commemorated throughout the week.
    Photo courtesy of Smithsonian Institute

    Get jazzed up to celebrate a 1920s icon and her connection to our community. Zelda Fitzgerald Week, presented by supportive art space Aurora Studi; ...

    Friday, March 1, 2024   /   by Amy Brown

    Tappable equity keeping home prices elevated…and the market prime for investment

    In today's article, I am highlighting the national news on why home prices are continuing to rise and why the equity that you have in your current home sets you up for investment opportunities. Data is brought to you by Keeping Current Matters, a real estate data collection and advisement company.
    If you’re holding out hope that the housing market is going to crash and bring home prices back down, here’s a look at what the data shows. And spoiler alert: that’s not in the cards. Instead, experts say home prices are going to keep going up.

    Today’s market is very different than it was before the housing crash in 2008. Here’s why.

    It’s Harder To Get a Loan Now – and That’s Actually a Good Thing

    It was much easier to get a home loan during the lead-up to the 2008 housing crisis than it is today. Back then, banks had different lending standards, making it easy for just about anyone to qualify for a home loa ...

    Thursday, February 29, 2024   /   by Amy Brown

    New recreation site coming to Swannanoa

    A Swannanoa site gets a new life

    Beacon Village has big plans for outdoor recreation in Swannanoa. | Photo via Beacon Village 

    The 40-acre site of the former Beacon Manufacturing Company (once the largest blanket manufacturer in the world), in the heart of Swannanoa, is undergoing a revitalization. The site has been nonfunctioning since its closure in 2002 and the subsequent fire at the mill in 2003 — but it plans to once again become a thriving area of growth with the development of Beacon Village, a hub for outdoor recreation and industry + residential and commercial uses.

    Phase one
    Phase one of the revitalization will include an event lawn and a multi-use bike park from international bike design and construction company Velosolutions, complete with slopestyle, jump lines, and pump track lines. The bike park, designed for users of all skill levels, welcomes everything from bikes to skateboards, inline skates to adaptive wheelchairs.&n ...