June 2013 Newsletter

Thank you for all your support and referrals.
Referrals are the main source of our business. If you know someone looking to buy or sell real estate, please call or email us with their contact information and we will take of the rest.

We promise to take excellent care of your friends and family!

In This Issue
Real Estate Trends
Buncombe Stats
Local Happenings

Contact Us
Bonnie Gilbert, Broker/Realtor®
Phone: 828.301.2867
Jeanette Syprzak, Broker/Realtor®
Phone: 828.273.6068
200 Swannanoa River Rd
Asheville, NC 28805

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Asheville Facts:
The "South Slope" area of Downtown Asheville has been getting a lot of attention recently. Both the Mountain Xpress and the Citizen Times published articles about this up and coming area of town. Word is that new restaurants, businesses, and even a new condo project are coming to the area of town. Want to know more about the coming changes to the "South Slope"? Click Here to read an article from the Mountain Xpress.

Real Estate Trends...

Farewell to 3% Mortgage Interest Rates:

Read Article.

Understanding Your Credit-Utilization Ratio:

 Read Article.

5 Reasons Pending Sales Fall Through:

 Read Article.

Buncombe County Sales Stats for May 2013

  • Average Sales Price for 3 Bedroom: Up from $218,155 in April to $240,445
  • Average Days on the Market: Down from 164 in April to 155
  • Total Residential Units Sold: Up for 280 in April to 327
  • Percent of Cash Sales: Slightly up for 31% April to 32.7%

The data was compiled from the Western NC Regional MLS for all residential sales for May 1st-31st, 2013. Sales continue to increase through the Spring months and inventory is low for homes price below $500,000. In May, 73 residential properties sold in under 30 days on the market, that's 22% of homes that sold, sold in under 30 days!

Tip of the Month...
What's Hot In Home Design for 2013? Now that new home communities are once again starting to build homes with the news of improved real estate market conditions, what are the hot trends for homes in 2013? has the scoop, click here to read the article.

Local Happenings

Downtown After 5
June 21, 2013 - June 21, 2013
Location: North Lexington Avenue
Address: Downtown Asheville
Times: 5 p.m.
Admission: Free 

RiverMusic Concert Series
June 14, 2013 - June 14, 2013
Location: RiverLink Sculpture and Performance Plaza
Address: Clingman Ave. at Lyman St., Asheville, NC 28801
Times: 5 p.m.
Admission: Free! 

Shindig On The Green
June 29, 2013
Location: Pack Square Park
Address: 1 W Pack Square, Asheville, NC 28801
Times: 7:00pm - 10:00pm
Admission: Free 

Just Listed...

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$279,000 3 beds, 2 baths 1300 sq. ft. mls no. 539928
Single Family Home. Must see, excellent location and renovated! Desirable 3 Bed/ 2 Bath Bungalow. Blocks to Downtown Asheville,...
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$219,000 3 beds, 2 baths 1780 sq. ft. mls no. 541217
Single Family Home East Asheville! 3BR/2BA home with 2 car garage on over half an acre, sunny lot on cul-de-sac...
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$159,900 3 beds, 2 baths 997 sq. ft. mls no. 539481
Single Family Home -Unique find! Across the street from Lake Tomahawk, have tennis courts, trails, the Lake, and community pool...
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View Details
$142,500 2 beds, 1 baths 1297 sq. ft. mls no. 539789
Single Family Home, This house lives large, 2 bedroom home with bonus space, 2 additional rooms with lots of... 

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Our mailing address is:
200 Swannanoa River Road, Asheville, NC 28805