Archive for the 'Greybeard Realty' Category

Time to Step Out For Greybeard’s Montreat Parade of Homes

Tuesday, June 24th, 2014

Fourth of July means fireworks, cookouts, and parades. In keeping with our tradition of celebrating the occasion, Greybeard Realty again will host a parade of Montreat homes for sale. On Sunday July 6, a listing of varied homes will be open for touring, providing potential buyers with a chance to check out a great selection of what’s available in the community.

Enter the Montreat Gate and discover the magic.

Enter the Montreat Gate and discover the magic.

For the uninitiated, Montreat is a small, historic town with walking paths, mountainous terrain, and a genuine sense of community. When you drive through the stone entry gates, you immediately see the special qualities living here offers. Whether it’s the natural beauty of the rhododendron and Lake Susan or the sense of community visible at the creekside playground and the ice cream shop, the character of Montreat will draw you in. Perhaps you are ready to relocate your family to a small, safe community. Perhaps you grew up summering in Montreat and now you are ready to retire there. Or maybe it’s time for a vacation home of your own after renting for years. Regardless, the Greybeard Parade of homes in Montreat allows you to see a large number of homes at once and really understand what’s on the market now. Click on the link for a preview of all of Greybeard’s Montreat homes for sale.

To begin the open house tour, you can stop by any of the houses featured in the parades, marked by Greybeard signs, or come by the Greybeard Realty office located at 204 East State St. in Black Mountain to get a copy of our flier and head out to the tour. Each home will have someone available to answer questions and direct you to the next home that best suits what you’re looking for. Step out and take advantage of this special celebratory parade.

Rumors Swirl Around an Obama Asheville Home Purchase

Sunday, June 8th, 2014

Rumors have begun to surface that the Obama Family have purchased an Asheville home for use after the President’s second term ends. While the White House has not confirmed the news, it wouldn’t be a complete surprise to those people who have followed the President’s recent visits to Asheville.

Obama speaking during one of his Asheville visits.

Obama speaking during one of his Asheville visits.

When Obama visited Asheville in 2013, he hinted then that he and Michelle thought Asheville might be their next stop. As noted in Greybeard’s blog post about that visit, he was partial to the people and the food in the area. And that wasn’t his only trip to the NC mountains. In his 2011 campaign visit to Asheville, he spoke fondly of Asheville, as noted in another Greybeard blog. The most recent talk about the Obamas relocating to the area indicates a home already has been purchased, though again this hasn’t been confirmed. Another point of discussion is whether the home would be a permanent home or a getaway vacation home. While some pundits favor a larger city like Chicago or New York for their permanent home, others point out the peace and solitude the whole family would find in the area.

Regardless of whether it’s true, it’s great to see the fine words about Asheville. While it’s news that Obama might be becoming our neighbor, it isn’t news that the western NC mountains make a great retirement location. Greybeard Realty has known about the good value of an Asheville retirement for a long time. As to the veracity of the latest rumors, we will keep an ear to the news and keep you posted when it’s confirmed as true. And if you’ve been considering retiring up this way, it may be time to follow through. After all, chances are that an Asheville retirement has just received a Presidential endorsement.

Western NC Real Estate Numbers Foretell Future Growth

Monday, May 5th, 2014

2014 First Quarter Statistics

Housing prices building in western NC real estate market.

Housing prices building in western NC real estate market.

For the past few quarters, western NC real estate numbers generally have been positive. The first quarter numbers of 2014 continue to show that positive trend. As a matter of fact, for the first time, average home prices in both markets have ticked upward, a further indication that the real estate markets in Buncombe County and Black Mountain are on solid footing.

Buncombe County

Buncombe County total sales volume increased 4% from January to March in 2014 compared with numbers from the same time in 2013. At $169 million that number is still down 27% from the peak sales volume of 2007. The number of units sold decreased a bit, 4%, from 683 units to 658 units. At the same time, however, the average price increased 7% year to date over last year’s numbers. It bears noting that the market supply continues to shrink. The number of units on the market, compared with the same time last year, are down a hefty 18%.

Black Mountain

Total sales volume in Black Mountain increased 9% compared with last year at the same time, more than double the increase seen in Buncombe County. And in contrast to county numbers, the number of units sold increased 7%, from 28 to 30 units. And for the first time in quite a while, the average price has increased, up 2% from last year at the same time. For some time, while other statistics have shown an increase, the average price has lagged behind a bit. This recent increase, though a small one, indicates that the solid market numbers appear to show an upward trend. Indeed, with the number of units on the market decreasing 12% in Black Mountain, this tightening of supply would tend to foretell a further increase in average sales price as our summer demand increases. To see what’s available in Black Mountain, please see Greybeard’s Black Mountain home listings page.


With the western NC real estate market numbers continuing to show positive signs of growth, it seems the overall market is on very solid ground. Perhaps the most significant numbers in both Black Mountain and Buncombe County statistics are the small growth in average price and the larger decline in units on the market. With the diminished supply, Greybeard Realty expects to see those average prices continue that upward tick. And in another sign of market strength, it seems important to note the sustainable level at which the markets are growing. With this slow, steady strength of market, the statistics indicate that western NC real estate has gained a very solid footing. To continue tracking western NC real estate statistics, sign up to receive our market news which is updated regularly.

Charming Black Mountain Bungalow

Monday, April 21st, 2014

Greybeard has just listed a charming 3-bedroom bungalow in the community of Ridgecrest. Situated on a landscaped corner lot, this well-maintained home has a covered front porch and a back patio, enabling homeowners to sit outside and enjoy the quiet community.

A Ridgecrest beauty on a corner lot.

A Ridgecrest beauty on a corner lot.

101 Memorial Park Dr. has an open kitchen/living room plan with a hearthstone wood stove. With the master bedroom located on the main floor, this floor offers compact convenience. In addition to living space, the bungalow also features a separate 400 sq. ft. studio/office space as well as a storage shed.

Living in the Ridgecrest community enables homeowners to enjoy solitude and also have easy access to downtown Asheville and Black Mountain. And this well-maintained home with multiple upgrades means you can move right in. Come take a look at the property and its quiet outdoor living spaces. To make an appointment or for more information, please contact Greybeard Realty. For information about buying a home with us, please see our Greybeard Buyers webpage.

Sweet Swannanoa Home for Sale

Sunday, April 13th, 2014

Greybeard Realty’s new listing, 15 Harrison Hill in Swannanoa, is a wonderful option for anyone wanting a bright, sunny home in a small mountain community. This 3-bedroom, 3 bath home has easy access to Asheville and Black Mountain. And as an added bonus, the home features a lower-level 1 bedroom apartment with a separate entrance.

Enjoy the quiet backyard of this Swannanoa home.

Enjoy the quiet backyard of this Swannanoa home.

Built in 1996, the spacious home has main-level living and plenty of natural lighting. With front and back porches and a 2-car garage, this home also has mature landscaping and a secluded backyard. The lower-level apartment is also bright and has a kitchen/dining/living area with a private laundry. In addition, the apartment has rental income potential.

Swannanoa, located in eastern Buncombe County between Asheville and Black Mountain, provides residents with easy accessibility to I-40. Nearby Warren Wilson College offers numerous arts and music programs as well. Check out Greybeard’s Swannanoa listings for other local options. If you’re getting ready to enter the buyer’s market, you might want to look at Greybeard’s Homebuyers’ ABC webpage as well as the Market Trends which tracks local real estate statistics. For more information on this home or any other listings, please contact Greybeard Realty.

Pristine Home with Privacy for Sale in Black Mountain

Sunday, March 30th, 2014

Greybeard Realty has added a special Black Mountain home for sale to its listings. The 4-bedroom home, 36 Lynx Drive, has mountain views and privacy along with a great location with easy accessibility to Black Mountain.

Mountain views from 36 Lynx Dr. home.

Mountain views from 36 Lynx Dr. home.

The main floor of this home has two master suites as well as a formal dining room and a family room with a gas fireplace. With lots of windows and high ceilings, this home is bright and open. In addition to the main floor, the home also has a lower level with two bedrooms and a large bonus room/den which can become the family hangout or the family workout space. The home also has a one car garage and a workshop.

As home to Greybeard Realty, Black Mountain always has had a special place in our hearts. And Black Mountain has received some great national attention recently for its easy accessibility to outdoor activities, among other pluses. Please contact us for more information about this home for sale and check out Greybeard Realty’s complete Black Mountain listings.

Get a Taste of Asheville with Forbes’ Sampling

Wednesday, March 12th, 2014

Forbes recently recognized the growing flavors of Asheville in its list of top five secret foodie cities. In its blog, Forbes highlights the interesting and widely varied types of cuisine and presents a list of festive restaurants sure to please the palate.

Asheville menu sample

Asheville menu sample

In addition to Curate, a restaurant featuring Spanish tapas, the blog mentions the French Broad Chocolate Lounge which serves liquid truffles and Looking Glass Creamery that pairs fresh cheese with wines. Just reading through the listings should be enough to make you head out for a nosh.

The Forbes top five list preceded the recent USA Today Travel listing of “6 Small Cities with Big Tastes.” That list of top six also mentions Curate as well as Rhubarb and Seven Sows Bourbon Larder. One of our Facebook followers suggested Strada Italiano and Zambra should be added to this list as well. About a year ago, Greybeard Realtors and staffers suggested their favorite family restaurants as well. Regardless of what list you choose, it should be apparent that Asheville has an incredible palate for cuisine choices.

With its cultural offerings and natural beauty, Asheville doesn’t really need another reason to be the place to live. A look at these recent lists, however, may have you salivating for your own home. If you’re ready to make the move, look over Greybeard’s Asheville homes for sale listings and contact us. And in the meantime, let us know about your favorite dining spot.

Lake Views and Mountain Peaks From This Western NC Mountain Home

Wednesday, February 26th, 2014

Imagine yourself lakeside in the western NC mountains with gorgeous mountain peaks in the distance. If that picture fits your dreams, you’ll want to see Greybeard’s listing on Bear Cliff Village Drive. This well-maintained townhome on Lake James is a short walk from the Bear Creek Marina and will go a long way toward meeting your aspirations of owning a mountain escape.

A western NC mountain home with a cool lake and blue mountains.

A western NC mountain home with a cool lake and blue mountains.

This 4-bedroom, 3 bath townhome has a gas fireplace and cathedral ceilings, creating a warm open area for gathering. The master suite is located on the main level with 3 large bedrooms and 2 full baths on the lower level. From the covered porch, you can enjoy lake views.  With the meticulous upkeep on this home, it is move-in ready. And with no yard to maintain, you really can make this the ultimate vacation home.

Lake James, located in McDowell County, has more than 150 miles of shoreline. The lake is the focal point of Lake James State Park, nestled between Marion and Morganton.  This state park is one of the youngest in the state, established in 1987 by NC general assembly. With its boating and fishing, its abundant wildflowers, and its forest creatures, this mountain lake area makes the ultimate backyard without the required upkeep.

For more information on this restful townhome or to see our other listings, please visit the Greybeard Realty website. Or contact Greybeard for more information. It’s a good time to make your dream of owning a lakeside mountain home a reality.

Exterior Projects Open Doors for Asheville Home Sellers

Monday, February 3rd, 2014

Asheville homeowners who wonder which home improvement project has the best return for the money only have to recall the trite but true adage, “you only make a first impression first.” If you go by that saying and a recent study presented on the website houselogic, you will know that exterior projects are among the most valuable to consider.

Solid exterior projects sell well.

Solid exterior projects sell well.

The website mentions that 8 of the top 10 most cost-effective projects, for people hoping to recoup their costs, are exterior projects. Specifically, replacing a front door with a steel door entry and adding a wooden deck top the list for projects. The two interior projects that make the list are adding an attic bedroom and making minor kitchen adjustments.  The idea that a home’s exterior is a huge selling point is not a new one.  A Greybeard blog on how to prepare your home to sell pointed out that the so-called curb appeal goes a long way toward making that all-important first impression.

Another important factor to consider when planning any home improvement project is the timing of it. While some sellers often wait until they are preparing to put their home on the market to tackle that home project, it seems better to move forward with it when you can. After all, doesn’t it make more sense to complete the home improvement project as soon as you can so you can enjoy the latest project for a while prior to moving on to your next home?

That being said, as recent market numbers indicate, the supply of homes on the market is tightening. Right now could be a great time to tackle that long-planned project so you can list your Asheville home by summertime. For more information on how to prepare your home for listing, please visit Greybeard’s sellers’ page for some tips. And don’t forget; when considering home improvement projects, it is important to think outside the home!

Mounting Evidence That Asheville Real Estate is Moving

Saturday, January 25th, 2014

While some people consider 13 to be unlucky, followers of the Asheville real estate market will have to agree that 2013 was a very positive year for sales. Buncombe County and Black Mountain sales figures indicate that residential home sales have rebounded solidly from the lows several years ago.

Upward Trend in Asheville Homes Sales

Upward Trend in Asheville Homes Sales

Buncombe County

County-wide, units of home sales showed a 24% increase over 2012 numbers with 3,437 homes sold in 2013. While still down 17% from the peak number of homes sold in 2006, this year marks the fourth consecutive years of unit increases which is very encouraging and demonstrates a solid growth market. Sales volume for the year increased 30% over 2012 volume to just under $900 million, again down from the 2006. The two year gradual increase in sales volume for Buncombe County is a very positive sign that the economy is on a very solid footing.

The average price for each home sold increased a conservative 5%, indicating that the upward trend is not accelerating at an unhealthy rate. With the dwindling supply of homes on the market, a 16% decrease this year from last year with 1,705 versus 2.032 in 2012, the expectation is that the price will continue inching up. It’s a simple matter of supply and demand.

Black Mountain

Mirroring the Buncombe County statistics, unit sales in Black Mountain increased 22% in 2013 over 2012 numbers, increasing from 123 homes to 150. This four year upward trend coincides w a four-year trend in increases in total sales volume. Black Mountain sales volume reached $30.6 million, a modest 5% increase for 2013. Again, both of these numbers represent a decrease from the peak of 2007; unit sales are 16% below the peak while sales volume is 34% below $46.7 million of 2007. The average price for Black Mountain homes decrease 13% in 2013, but with the 19% decrease in units on the market, that number should begin to climb as the supply tightens.

Overall Observations

The numbers for the 2013 real estate market for this area are encouraging. Growth in unit sales and sales volume are showing an observable trend up. At the same time, however, the market is not accelerating at an unsustainable rate. With the market tightening, it is anticipated that prices will gradually increase as supply declines. Greybeard sellers hoping to put their homes on the market this year are in luck. Black Mountain and Buncombe County could use more homes on the market. For Greybeard’s buyers entering the market, now is a good time to buy that second home or make that move to western North Carolina. The real estate market is healthy, and the numbers indicate it has not peaked. It’s a time when both buyers and sellers can benefit from the real estate market.

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