June 2013

May Pending Home Sales Reach Highest Level in Over 6 Years

 

Written by Walter Malony, www.realtor.org

WASHINGTON (June 27, 2013) – Pending home sales rose in May to the highest level since late 2006, implying a possible spark as mortgage interest rates began to rise, according to the National Association of Realtors®.

The Pending Home Sales Index,* a forward-looking indicator based on contract signings, increased 6.7 percent to 112.3 in May from a downwardly revised 105.2 in April, and is 12.1 percent above May 2012 when it was 100.2; the data reflect contracts but not closings.

Contract activity is at the strongest pace since December 2006 when it reached 112.8; pending sales have been above year-ago levels for the past 25 months. Read article here.

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5 Trends Spotted at Dwell on Design Conference in LA

June 26, 2013

Written By:  From the Realtor.com Blog.

This year’s show was the most energetic in recent years, with more exhibits than ever. The last few years focused on green and sustainable designs, and while sustainability was still a major focus, luxury was definitely back in a big way. Our five top trends:

Organic shapes: Gilded and organic shapes were very popular this year. Local artist Seth Parks creates custom hand-blown art glass lighting and sculptures. His American-made pieces are unique and collectible works of art that can be found in high-end homes, galleries, and businesses worldwide. Incorporating another trend, gold and silver, were the curvy vases created by artist Daniele Fratarcangeli which are blown glass with a mirrored surface. 

1970s style: Is it the “Mad Men” effect? As the popular series has evolved from the early to the late 1960s, interior design trends have followed suit with styles that recall the late 1960s and early 1970s. Scandinavian design is back in vogue, with clean lines and bare wood contrasted with bright fabrics and prints.

Metallic finishes: The last few years were filled with rustic, eco-friendly furnishings. This year luxury and glam were back in a big way. Burnished and mirrored furniture and decor gleamed at the show, attracting plenty of attention from trendspotters. The ever-popular Airstream trailers were on the scene. This year’s show boasted three of them, including the newly launched Land Yacht and one used as a pop-up shop by clothing brand Aether, which dubs its creation an AetherStream.

Plenty of prefab: One of last year’s top trends returned as once again prefab homes and studios were on display. This year saw even more designs than last year. Land and home combo packages are available from some firms, so that practically all you have to do is sign on the dotted line, and your prefab home is moved to the location. It’s an instant vacation house for the impatient set.

Furniture that makes you work: One of the most talked-about booths at the show was the one from MultiTable.com, which included both stand-up desks and the very trendy treadmill desks. In addition to other ergonomic furniture, an old favorite, the kneeling chair, made a return appearance. The Balans chair, which first came out in 1979 and was all the rage in the early 1980s, is back in an updated form. Varier Furniture creates a whole line of furnishings designed to support the body in style.

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What You Get for $475,000 Around Asheville

11 white ash

Biltmore Park

11 WHITE ASH DRIVE Asheville  28803

What: A four bedroom two bathroom and two half bath home.

How Much: $482,500.00

Size: 2595 sq.ft.

Setting: Located in Biltmore Park in South Asheville.

Indoor/Outdoor Space: Home has the master bedroom on the main floor. Home features Hardwood floors and a granite kitchen with a private back yard.

Taxes: $3842.00

 92 saint dunstans circle

Kenilworth

92 Saint Dunstans Circle Asheville, NC 28803

What: a four bedroom three bath home.

How Much: $475,000

Size: 2690

Setting: Kenilworth Neighborhood

Indoor/Outdoor Space: Home offers 4 bedrooms and 3 bathrooms. Home features absolute Granite Counter Tops, a Sub Zero Refrigerator, a Formal Dining Room, 10 foot Ceilings, a new architectural shingle roof, high efficiency heat pumps and furnace. Icynene insulation, tankless water heater and CPI security system.

Taxes: $3561

11 cedar bluff

Candler

11 Cedar Bluff Ct. Candler  28715

What: Four bedroom three and a half bath house.

How Much: $478,000

Size: 3315

Setting: Candler- long range views and open space.

Indoor/Outdoor Space: This home is a Frank Betz custom built home that features two fireplaces, oak floors, granite counter-tops, vaulted ceilings, gas range, tiled baths, and the master on the main floor. The gourmet kitchen overlooks the keeping room with a fireplace & screened porch. Home also features an unfinished basement with a workshop.        

Taxes: $3025

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Housing Starts Increase in May to 914,000

by Bill McBride on 6/18/2013  www.calculatedrisk.com

From the Census Bureau: Permits, Starts and Completions

Housing Starts:
Privately-owned housing starts in May were at a seasonally adjusted annual rate of 914,000. This is 6.8 percent above the revised April estimate of 856,000 and is 28.6 percent above the May 2012 rate of 711,000.

Single-family housing starts in May were at a rate of 599,000; this is 0.3 percent above the revised April figure of 597,000. The May rate for units in buildings with five units or more was 306,000. Read entire article here.

Housing Starts total

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Asheville Area Housing Data

June 12, 2013.

All data taken from WNCRMLS.

Buncombe Avg Med June 13

Buncombe MOI June 13

Buncombe res sales june 13

Buncombe Homes sold report june 13

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Henderson County Housing Data

June 12, 2013

All data taken from MLS.

Henderson Avg Med june 13

Henderson MOI June 13

Henderson res sales june 13

Henderson Homes sold report june 13

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Haywood County Housing Data

June 11, 2013

Haywood County real estate numbers through May 31, 2013.

Haywood avg med price june 13

Haywood MOI June 13

Haywood unit sales june 13

Haywood homes sold report june 13

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Madison County Housing Data

June 11, 2013

Madison County Real Estate Data through May 31, 2013.

Madison MOI June 13

Madison Res Unit Sales june 13

Madison avg med price june 13

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The Running Realtors!

June 10, 2013

Friday afternoon DixonPacifica Real Estate participated in the Chamber of Commerce 5k in Montford. It was a warm and sunny afternoon and the first 5k we have completed as a team!

Temple & Carter Dixon were the stars as they paced the much older Tad Dixon and Mukunda Pacifici. 

before chamber '13

Before the race


After the race

After the race

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Home Repairs & The Cost of Ignoring Them

June 7, 2013

How much can those house repairs cost if you keep ignoring them?

kcmblog.com

Home Repair costs

 

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