Good to know info

Feb. 16, 2024

You Own a Home Now - Heres What You Should Know How to Do

Ladies and gentlemen, brace yourselves for the epic saga of a brave soul who dared to venture into the wild world of adulthood and responsibility—our protagonist, the newfound homeowner extraordinaire! Picture this: a person armed with nothing but a dream, a stack of mortgage papers, and a vague notion of ...

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Feb. 8, 2024

Knowing the Difference Between Prequalification & Preapproval

When it comes to buying a home, navigating the process can be both exhilarating and overwhelming. From browsing listings to securing financing, there are numerous steps involved in purchasing a property. Two terms that often come up during this journey are pre-qualification and pre-approval. While they may sound similar, they ...

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Feb. 2, 2024

December Monthly Stats - Buncombe County

 

December Market Update is here! This is always good to look at because it will give us a good look at the overview for the 2023 year. There are few important take aways from this data, although it is all good information!!

The first thing that I think is ...

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Jan. 25, 2024

The Fate of Short Term Rentals in Buncombe County

Short-term rentals (STRs) have become a popular option for travelers seeking unique accommodations and for homeowners looking to supplement their income. However, recent discussions in Buncombe County, NC, have brought to light the possibility of implementing new restrictions on these rentals. As the landscape of vacation rentals potentially shifts, it ...

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Jan. 17, 2024

Homeowners Insurance Increase?!

42%...42%! That is a pretty large increase on our homeowners insurance!

I'm not sure about everyone else but I'm not seeing that much of an increase in my pay to keep up with raising costs of everything; groceries, housing, gas etc. As it is mortgage rates, granted ...

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Dec. 14, 2023

November Market Stats - Buncombe County

Buncombe County stats are in for the month of November! And just like last month most numbers are still up. It is hard to believe that the average sales price is just over $735,000 when just last year it was only $526,856. Thats a whole 39.5% increase ...

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Jan. 12, 2023

2022 Year End Market Stats for Buncombe County

Take a look at the stats for December in Buncombe County. Not only does this show statistics for December 2022 but it also shows year to date! You can see that we are still in a seller's market but the median and average sales price have dropped! We have ...

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Nov. 11, 2022

Here are Ways to Lower Your Mortgage Rate

With rising interest rates we know that it can be difficult to make the leap to finance your next home but there are ways that you can save not only at the closing table but as well as on your monthly payments. 

 

A few ways that you can ...

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June 14, 2022

How a Housing Market Curveball Has Completely Changed What Buyers Can Expect in 2022

The housing market, which received a turbo boost from the COVID-19 pandemic, has begun to shift. Surging mortgage interest rates are rippling through the housing market, threatening to upend real estate’s unprecedented tear. These changes led the Realtor.com® economic research team to revisit its 2022 housing forecast, issued ...

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May 16, 2022

What does the proposed budget of 2023 mean for your "like-exchange"?

A 1031 exchange is part of the IRS tax code, allowing real estate investors to defer taxes by exchanging “like-kind” properties. The term “like-kind” refers to the nature or character of the property. These properties must only be used for business purposes or held as investments.

The proposal would allow ...

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