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September 2021 Asheville Housing Market Update

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September 2021 Housing Market Update

www.preferredprop.com

Nationwide, existing home sales were down slightly in August, falling 2% after two consecutive months of increases, according to the National Association of REALTORS®. The decline in existing home sales coincides with rising sales prices, which have continued to soar into fall, with the median sales price of existing homes up 14.9% compared to last year. Declining affordability has had a significant impact on homebuyers, many of whom have been priced out of the market and are choosing to wait for sales prices to ease before resuming their home search.

New Listings were down in the Asheville region by 0.2 percent to 1,406. Pending Sales increased 4.9 percent to 1,416. Inventory shrank 36.8 percent to 1,998 units.

There are signs the market may be shifting, however. As inventory increases, competition for homes may soften, and could even bring a moderation in sales prices, which, after 114 months of year-over-year gains, would be music to the ears of homebuyers throughout the country.

#ashevillelistings #WNChomes #preferredproperties #ashevillerealty #realestate #ashevillenc #asheville

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    Congratulations September 2021 Top Producers!

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    Congratulations September 2021 Top Producers!

    Downtown Office

    Top Producer - LeNoir Medlock

    Top Buyer Agent - Katie Wangrin

    Top Listing Agent - Ashley Dotson

    South Office

    Top Producer - Barb Fiedler

    Top Buyer Agent - Dennis Harpell

    Top Listing Agent - Jo Chandler

    www.preferredprop.com

    #ashevillelistings #WNChomes #ashevillerealty #ashevillenc #asheville #topproducer #realestate #preferredproperties

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      Congratulations August 2021 Peak Performers!

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      Congratulations August 2021 Peak Performers!

      Preferred Properties of Asheville

      www.preferredprop.com

      South Office

      Top Producer - Barb Fiedler

      Top Listing Agent - Sandy Lindsey

      Top Buyer Agent - Sharon Smith

      Downtown Office

      Top Producer - LeNoir Medlock

      Top Listing Agent - Joye King Steele

      Top Buyer Agent -  Anna Peddy

      #asheville #ashevillenc #wncrealestate #homesforsale #westasheville #homesweethome #realestate #realtor

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        Real Estate Lingo 101

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        Real Estate Lingo 101 

        en suite:

        (of a bedroom) having an adjoining bathroom that forms part of the same set of rooms. "there are twenty-five luxurious en suite bedrooms"

        from French, literally ‘in sequence’

        They are most commonly seen attached to the primary bedroom of a home but can be found in any bedroom in a home. Not be confused with a Jack and Jill bathroom which is accessible and shared between two bedrooms.

        #realestate #wncrealestate #homesforsale #asheville #homesweethome

         

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          Happy Earth Day 2021! What is Your Carbon Footprint

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          What is your carbon footprint? 
          Click here to use the EPA's Household Carbon Footprint Calculator.

          • Many of our daily activities - such as using electricity, driving a car, or disposing of waste - cause greenhouse gas emissions. Together these emissions make up a household's carbon footprint.
          • The calculator estimates your footprint in three areas: home energy, transportation and waste. Everyone's carbon footprint is different depending on their location, habits, and personal choices.
          • For an explanation of the calculator's assumptions and sources, see the Assumptions and References page.

          Source: EPA
          Image: vecteezy.com

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            French Broad River East Bank Corridor, Asheville, NC

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            Today's Asheville exploration, dog walking at the French Broad River East Bank Corridor. A 2-mile greenway through the River Arts District. With spring quickly approaching, it's a great place to walk your dog, bike, jog, or have a picnic.

            Some features:

            - Numerous benches for resting and relaxing

            - A public restroom

            - Art studios, coffee shops, and restaurants

            - Dog rest areas/waste disposal stations

            - Dock for fishing

            - Public parking

            - Bike paths

            - Picnic tables

            - Outdoor sculptures



             

            #asheville #ashevilleparks #ashevillenc #avl #828isgreat #outdoors #spring

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              Tips for Preparing and Planning Your Garden for Spring and Summer

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              When do I start preparing my yard and garden for warmer months, right now!

              1. Decide how you want to use your outdoor spaces.

              Sketch a plan or layout, this will help you plan your new vegetable garden or walking path. Here are a few planners to help you start.
              http://bit.ly/GardenPlanners

              2. Update your tools if needed.

              Make sure your lawnmower, your clippers, and hose are all in good working order. Here are 25 Gardening Tools and Essentials for Year-Round Care http://bit.ly/GardenEssentials

              3. Aerate & dethatch your lawn.

              Lawn aeration helps loosen compacted soil and allows vital air, water, and nutrients to reach the roots. Dethatching is removing the layer of living and dead grass and other plant material.

              Here are a few tips http://bit.ly/ScottsLawnGuide

              4. Fertilize.

              Start your lawn off right by giving a light dose of fertilizer including nitrogen, phosphorus, and potassium. Apply early spring lawn fertilizer once between February and April. Click here to see a month to month schedule http://bit.ly/FertilizingTips

              5. Add mulch.

              Mulching helps stimulate plant health and growth. Most mulch will suppress weeds and other undesirable plants in your garden. Weeds compete with our trees and shrubs for vital nutrients and water. If we eliminate the weeds, the plant materials stand a far greater chance of survival. Weeds also make the garden look unsightly and messy. Your local Arden source is BB Barns. http://bit.ly/MulchYard

              6. Plan your first seeds and bulbs.

              Cool-season vegetables can tolerate colder temperatures and some frost. March is a great time to plant vegetable seeds. http://bit.ly/WNCPlanting

              Beautiful summer-flowering bulbs such as dahlias, cannas, and lilies can be planted in spring. If you can take pots under cover at night, you can plant up summer containers and hanging baskets in late spring. http://bit.ly/FlowerCalendar

              7. Prepare your plants for cold spells.

              Make sure plants are watered before a frost, except for succulents. Cover plants with a cloth or bucket before sunset the night frost is expected and remove the cover in the morning when the temperature warms up above freezing. Cold-hardy succulents need to be covered during a frost as well. If the plants are in containers, they can simply be placed in a sheltered location such as a garage overnight. Source http://bit.ly/PlantFrost

              Use a Frost Cloth for trees and shrubs http://bit.ly/PlantBlanket

              8. Keep those pesky pests out.

              Pests aren’t limited to insects. In WNC they include raccoons, squirrels, bears, groundhogs, and more—anything that invades your garden uninvited. To minimize intrusions, try these strategies:

              - Lose the bird feeder and replace it with a birdbath, which you will want to refresh daily. Birds need water, and they will do a lot of insect control on their own.

              - Secure trash with bear and raccoon-proof closures. Do not keep sweets in the car and keep car doors locked.

              - Choose plants with a minimal appeal to animals and birds. Try the onion family, aromatic herbs, evergreens with pointy leaves or foliage, and plants with fuzzy branches or thorns.

              - Eliminate sources of standing water, which allow mosquitoes to breed during warm weather. Check drainage pipes and the shallow dishes holding potted plants. Source http://bit.ly/WNCGrowing
               

              For more information on spring planting season visit The Old Farmer's Almanac, Planting Calendar for Asheville, NC http://bit.ly/AlmanacAsheville

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