Ashe County MLS

ashe county mlsThe multiple listing service  in Ashe County are provided by the The High Country Association of REALTORS®. The High Country board includes members from the Northwestern North Carolina real estate markets in nearby Watauga, Allegheny, Avery, and surrounding counties. You can easily search ALL of the real estate listings in our region of the North Carolina mountains by clicking to the button for Search MLS in the above menu. Narrow your choices down by Residential, Land, or Commercial listings. Multi-Family listings are also categorized for your search if you are an investor looking for exceptional Ashe County real estate listings.

Our firm represents all types of real estate clients including both those looking to purchase property, and clients that wish to list their real estate with our firm. We are one of the oldest and longest running firms in the county, and our team is comprised of seasoned real estate veterans that understand the local markets and economies. We excel at meeting the specific needs of our clients no matter what those might be. Each and every day, we work with first time buyers that are in an active search for homes for sale in West Jefferson, and the newest neighborhoods in the county, as well as clients that are trying to sell their mountain property for relocation or other purposes. Our communities are wonderful areas to retire to and that is no secret. If you are searching for a mountain property to enjoy during your retirement, we would love to work with you. Our team loves working with retirees that are new to the area, and/or are interested in buying their dream home to enjoy their retirement.

Right now, the inventory on the Ashe County MLS and surrounding county listings is much like the real estate inventory across the state. It’s lower, but that is to be expected. This sales environment is great for those selling real estate Ashe County and in other areas of Northwestern North Carolina because they are getting multiple offers on their listing and buyers are having to pay asking price, to beat out other offers. We encourage you to talk with us if you want to list your property on the Ashe County MLS, a part of the greater The High Country Association of REALTORS® board and listing service that exists for Northwestern NC.

Click to find out more about our team of Ashe County real estate agents serving the North Carolina mountain counties of Ashe, Alleghany, Watauga, Wilkes, and Avery. We would love the opportunity to meet and serve you.

High Country Real Estate Sales are Up in October

ashe county real estateWEST JEFFERSON — This summer was a big selling season for real estate agents, in both Ashe County and the High Country overall. “Every agent I’ve spoken to in Ashe County says they’ve been very busy,” said Julie Townsend, owner of Julie Townsend Real Estate Services. “I think the real estate market is pretty strong right now.”

Townsend has been a licensed real estate agent since 1984, and seen a wide array of market scenarios over the years.

According to Townsend, Ashe County is primarily a “second home” market, with many buyers interested in purchasing a mountain getaway. Retirees looking for a peaceful mountain home are also primary buyers in Ashe County. Despite prices increasing for some homes, Townsend doesn’t believe this growth will lead to higher prices for lower end buyers, such as first-time home buyers.
“Houses that have been on the market for a while are getting sold,” Townsend said. “I don’t think prices will go up for first-time buyers right now, because we have low interest rates.”

The following is a snapshot of Ashe County’s real estate market for September:
Total New Listings: 18
Median Sold Price: $175,475
Average Sold Price: $182,529
Average Days on Market: 215
Sold Dollar Volume – Residential: $2,190,350
Sold Dollar Volume – Other: $0
Home Sales Sold Dollar Volume: $2,190,350

Real estate is up across the High Country as well. According to the High Country Realtor Report, sales continued at a strong pace as prices attracted buyers to the market. And, as has been the case for most of the year, interest rates remained near historic lows. There were 216 homes worth $53.57 million sold in September, according to the High Country Multiple Listing Service, which records all realtor activity in Alleghany, Ashe, Avery and Watauga counties. “That’s a 9 percent increase in sales compared to last September, the most active month of 2015,” said the report. “It was also the third time in the past four months Realtors® sold more than 200 listings.” With three months remaining in the calendar year, local realtors have sold 1,499 homes. That’s 20 percent more than were sold in the same nine-month period last year (1,254), and more than was sold total in year 2014 (1,470). The median sold price in September, the midpoint of all sales, was $191,500. That was the lowest since February ($175,000). As of Oct. 9, there were 2,722 listings active in the High Country MLS. Inventory is down about 8.5 percent since its peak in mid-July, and on par with levels recorded in mid-May.

While sales remain strong, interest rates have fallen and are near historic lows. As of Oct. 6, the 30-year fixed-rate mortgage averaged 3.47 percent, according to Freddie Mac.
A year ago, the 30-year rate averaged 3.82 percent. To put the decline in perspective, a $300,000 home purchased a year ago would have an estimated $504,464 mortgage and a $1,401 monthly payment.

That same house today, at the current rate, would have a $483,161 mortgage and $1,342 monthly payment. The 15-year fixed rate now is 2.76 percent, down from 3.03 percent a year ago.
While rates are low, national realtor sales are declining. In August, the last month in which national statistics are available, sales declined .9 percent. Only the northeast recorded an increase in existing-home sales. “There’s no question that after peaking in June, sales in a majority of the country have inched backwards because inventory isn’t picking up to tame price growth and replace what’s being quickly sold,” said Lawrence Yun, chief economist with the National Association of Realtors®. The median existing-home price for all housing types in August was $240,200, up 5.1 percent from August 2015 ($228,500).

The above article is from the Oct. 20, 2016 online edition of the Ashe Mountain Times. The article is available at this link: http://ashemountaintimes.com/news/real-estate-sales-up-in-high-country/article_c8391f00-9c15-50c1-af0c-00d1d87c8e60.html   Posted: Thursday, October 20, 2016 4:30 pm  By James Howell james.howell@mountaintimes.com

Heritage Realty in West Jefferson is the best firm to help answer all of your Ashe County real estate related questions. If you are unsure about the markets, and thinking of putting a property on the MLS for sale, let us represent you through the listing and sale. We are a group of knowledgeable local professionals that can effectively market your mountain property. If you are interested in owning your own slice of the High Country, we’d love to show you some exceptional properties that meet your wishlist of wants for the property. Give us a call today, and let’s get started!

 

Homes for Sale in Ashe County NC

homes for sale in ashe county ncClick to view some of the best properties currently listed for sale in the High Country, Ashe County MLS. Our dedicated team of Ashe Realtors offer decades of experience and knowledge about these mountain markets. We would love to assist you in the search for the type of property you are looking for specifically. Right now the inventory is great, and many homes have recently been reduced in price. If you are searching for real estate in specific areas of the county, we likely have a specialist that works primarily just in that area that can assist you. This provides a great deal of benefit to the client as the agent they are working with is an expert in the markets of their particular area of expertise. Search for homes for sale in Ashe County NC to see some wonderful properties currently on the market.

Looking for log cabins for sale? River homes that are convenient to the New River? Want to be close to the Blue Ridge Parkway? Then Ashe County is the place for you. Our mountain paradise is close in to the amenities in Boone, North Carolina, yet far enough away from it all to enjoy activities like fishing on the New River, or biking on the Blue Ridge Parkway. Explore the High Country real estate properties for sale in Ashe County and you’ll discover a myriad of homes for sale that appeal to you.

If you are searching for land to buy in the area, to build on or just enjoy for hunting or other activities, Ashe County is filled with great mountain acreage for sale. The prices are amazing compared to neighboring locations where industries have driven up the price for decades. You’ll find astonishingly affordable mountain land prices in our area.

Century 21 Heritage Realty is one of the oldest realty firms in the county. We have a long history and excellent reputation in the High Country and our agents are dedicated to working for their clients. We’d love to hear about the types of homes and properties that you are on the hunt for. We likely already know of some that are currently listed that would be perfect for your wants and needs. Let’s talk! Give us a call today,  336-246-2664.

Local High Country Real Estate Report News…Great Time to Buy!

Interests rates are at a new 3 year low! That’s the news according to the latest High Country Realtors® data and reporting. Inventory is increasing. Chances are, we will be able to help you find your dream mountain home or property. The wonderful news out of this report is, investing in the High Country real estate market, including Ashe County, is a great idea and there hasn’t been a better time in the last few years.

The report indicated that cumulative sales for the year had already surpassed $100 million in April – $109.5 million to be exact. This is the earliest this mark has been broken since 2008! Median home prices are also up, but only by less than 2%. It’s a great time to BUY Ashe County real estate.

Century 21 Heritage Realty’s staff of brokers are excited to assist buyers in their home search, or search for available mountain land for sale in NC. We would love the opportunity to serve you and speak with you about your dream home in the High Country. Let’s get started today!

Source: May 19, 2016,”Interest rates near record low as sales remain steady” article from,  http://highcountryrealtors.org/news/

Things to Do Before Buying a Home: How Many Have You Done?

homes for sale ashe county ncIf you are a first time home buyer you likely have a lot of questions about the process, and you might wonder what to do next. You want to buy a home. You love the area. You may already even be interested in a few properties or have at least taken a look at the current MLS listings to think of the possibilities. Talking to your spouse, friends, coworkers and relatives is a wonderful place to start. The next thing you should do is take an inventory of your needs and wants and go from there. Our team has helped countless new home buyers and families buying Ashe County real estate properties. We’d love to help you find a home that fits you, and that becomes ‘home’.

  1. Crunch your Numbers
  2. Know your Credit Score
  3. Amass a Down Payment
  4. Get Educated
  5. Interview Real Estate Agents
  6. Go Mortgage Shopping
  7. Ballpark your Closing Costs
  8. Ponder Your Future

This handy list was compiled from an article on Realtor.com posted April 20, 2016 by Margaret Heidenry available in its entirety here: http://www.realtor.com/advice/buy/buying-a-home-checklist/

Is Real Estate Really the No. 1 Investment Right Now?

ashe county real estateWe know: You’re getting mixed messages. Homeownership is at record lows. But so are mortgage rates (even though some mortgages are harder to come by). Prices are inflated in some markets. Still, real estate edged out cash (the 2013 and 2014 pick) in a survey of investments Americans would park their money in over the next decade.

The source: Bankrate.com, which says Americans love real estate once again (garnering 27% of the vote), and are less keen on the financial industry.

“Cash came in second with 23 percent of investors, only 17 percent said the stock market is their preferred place for long-term money and just 5 percent said they would put their long-term money in bonds,” wrote CNBC.

“For many investors, the tangible nature of real estate simply offers much more peace of mind than the intangible nature of stock and bonds,” certified financial planner and vice president of Proctor Financial in Sherborn, MA, Stephen Doucette told them.

As for the stats: “The S&P/Case-Shiller 20-City Composite Home Price Index, which measures the value of residential real estate in 20 major metropolitan areas, has generated a hearty annualized 9.2 percent return over the past three years through June 30, but produced an annualized 0.4 percent loss over the past decade. Meanwhile, the S&P 500 index, a broad measure of the U.S. stock market, grew an annualized 14.8 percent over the past three years and 5.87 percent over the past 10 years,” they write.

The crash may have had a little something to do with those numbers, of course. And you can’t cash that home in as quickly as you could a stock or bond, even in the era of bidding wars and cash buys.

This is all fodder for investors to ponder, but what about average Joe and Jill? Jonathan Smoke, our own chief economist, is bullish on real estate and has told us not to lose faith. “The market is clearly shifting toward more of a balance in the second half of the year,” he wrote in his column this week. “Combined with a temporary reprieve from rising mortgage rates and slightly easier access to credit, buyers should find it easier to purchase a home in the months ahead.”

The following article by Lisa Davis, posted July 23, 2015 on Realtor.com originally is available at http://www.realtor.com/news/trends/should-you-get-your-hands-on-some-real-estate-right-now/

Heritage Realty, in West Jefferson are Ashe County Real Estate’s premier group offering homes for sale Ashe County NC and information on investing in vacation rentals and other types of investment properties throughout the region. Our team is equipped to help you understand the process of buying and using real estate as an investment and help you maximize your potential earnings. Contact us today!

 

 

5 Benefits of Country Living

We all know the age old story of the Country Mouse and the City Mouse. The two love their respective homes and the benefits that each provides them. What is not to love about wide open spaces and a better air quality? For those that have never lived in the country, or dwell in the suburbs, you may not think that the quiet life, far removed from the big box retailers and conveniences of pizza delivery is for you, but there are surprising benefits of the country life and owning real estate in a more rural area. According to recent data from the United Nations,  the stats predict that the number of Americans living in rural areas will drastically drop from its current 46% to 34% by 2050. The exodus of the country mouse to the city, in this case, is mostly related to job and economic opportunities, but science has proven that the country mouse can reap plenty of proven benefits from remaining in the country.

Here are 5 Reasons why living in the country, namely, our country, Ashe County in the Blue Ridge Mountains, has its benefits. Our NC mountain real estate agents live, work and play in Ashe County and can help you find the right home or mountain property for your needs and desires. We assist buyers and sellers each day with Ashe County real estate questions and love meeting new people. If you are a newcomer, we would love the opportunity to show you homes for sale Ashe County NC that are perfect for you. If you are a first time home buyer and love the low prices on NC mountain land for sale here, we’d be glad to help you. Click to contact us and find out more.

1. Greenery! It’s not just for Air Quality!

Sometimes referred to as Vitamin G, this aspect highlights the importance ofashe county real estate greenery in our lives. Greenery, in the form of trees and plants, are not only gorgeous to look at, but they provide numerous benefits one being that your brain is able to retain more information and control impulses. This is what a University of Michigan study found when they researched the ways in which humans were affected by spending a few minutes daily on a crowded city street. Another study, found similarly that people living in areas where their views contain concrete and asphalt have higher reported levels of aggression and violence when compared with people who live in the same area, but had a view that contained a view of trees. Of course, we all know that more greenery means a better air quality, more oxygen in the air which helps medical conditions such as asthma and heart disease.

2. Fewer Psychological Problems

Well, after learning about the above studies, this point is a given. The Journal Schizophrenia Bulletin, has included at least 10 studies that have shown that people in more urban areas were more likely to be diagnosed with psychiatric disorders and schizophrenia. Environmental factors, such as those associated with an urban setting, have been known to play a role in the development of mental illnesses. This is especially true for anxiety disorders. Green environments, and country ‘living’ typically are associated with lower levels of sadness and depression.

3. You are Less Likely to be the victim of a violent crime

The population is lower in the country and that means you are less likely to be the victim of a violent crime. The Bureau of Justice Statistics’ released an annual, National Crime Victimization survey that reported that violent crime rates in rural areas are ONE THIRD lower than those in urban regions. Of course, it is still smart for country homeowners to invest in a home security system as burglary rates in country regions are usually higher.

4. You are More Likely to Own the Home

Most people dream of one day owning their own property. The possibility of being a homeowner gets a lot higher the further into the country that you go. Homeownership rates are higher in states with rural communities than states with large metropolitan urban centers. The old adage that you ‘get more for your money’ can be applied here. Square footage per dollar is a lot lower in the country. The only real issue is job security and finding employment. Ashe County is filled with a lot of great job opportunities within the healthcare and education sectors in the county. Manufacturing is also still important to the area’s economy. Neighboring counties also have a great deal of options for employment.

5. Lower Costs related to ‘Living’ashe county real estate

When moving to the country, a lot of people report their reason was to enjoy a lower cost of living. It’s not just home prices, too. Sure, home prices are significantly higher in cities such as New York City, and Washington D.C., but food prices are even more insane in urban areas. If you were to check the prices of food and other items in urban dwellings, such as NYC you would be shocked at the exorbitant prices that city dwellers have to pay just to get a box of cheerios. What is even more true is, the food is significantly better in country regions. Access to gardens and farms, as well as the lower cost of groceries makes living in the country a top choice for people that like a lower cost of living, and eating delicious and health foods.