Quarterly

Market
Report
2nd QUARTER
April–June, 2010

Prepared exclusively
for use by
Beverly-Hanks
& Associates
 Your source for
the most up-to-date
real estate information

A personal message
from Owner & President
Neal Hanks, Jr.
A
s we predicted in our last market report, the
closing numbers for our region continued to
improve in the second quarter of 2010 creating
an impressive year over year increase for the first half of the year, as shown on the adjoining page. These
increases have been fueled by low interest rates, an improving economy and let’s not forget the significant
impact of the tax incentives which were a part of the federal stimulus package. The combination of the three
created a reasonably strong wind in the sails of the real estate industry during the first four months of the year.
Unfortunately, as the tax credits expired in April, pending sales slowed in May and June and were below levels
achieved in 2009. Closings remained strong as many folks worked hard to close transactions before the June
30 closing deadline associated with the homebuyer tax credit program. The deadline was extended at the end of
the month until September 30th but many transactions were in fact closed during the month. It is my expectation
that closings for July and possibly August will be below 2009 levels based upon the reduced sales pace of the
last two months.
Many industry experts have predicted that the second half of 2010 will be weaker than the first. This assumption
was based upon the expected impact of the expiration of tax incentives and the prediction of rising interest rates.
While the tax credits have indeed expired, the wild card that is getting very little press is interest rates. Interest
rates have not yet risen as expected; in fact they have fallen to historically low levels. As of this writing, fixed rate
30 year mortgages are below 4.5%. No, that is not a typo. Fixed rate mortgages below 4.5%! Interest rates that
low beat an eight thousand dollar tax credit hands down. Unfortunately, the news media has been much more
focused upon the expiration of government incentives than the increased buying power a reduction in interest
rates of this magnitude creates for purchasers of real estate.
Inventory levels remain at high levels in our region with an average absorption rate of over two years. Until
sales increase enough to reduce inventory levels we will continue to experience downward pressure upon
prices. While that may cause some buyers to consider waiting in hopes lower pricing, any increase in interest
rates could offset potential gains realized by falling prices. I continue to believe that now is an excellent time to
buy real estate in Western North Carolina and that many folks will be looking back in the years ahead wishing
that they had done so in 2010! Of course it takes confidence to invest in real estate; hopefully an improving
economy and some positive news on the employment front will give many the confidence that they need to take
advantage of what one day may be seen as an opportunity of a lifetime!
Whether you are buying or selling real estate, the counsel of experienced professionals is an important factor
in making wise decisions. The experienced broker associates at Beverly-Hanks and Associates stand ready to
assist you and would consider it a privilege to do so.

Warm Regards

W. Neal Hanks, Jr.
A P R I L – J U N E

Number of Homes Sold

COUNTY 2010 2009 % change

Buncombe 1,172 932 +26%

Haywood 238 202 +18%
Henderson 521 466 +12%
Madison 55 30 +83%
2010 Totals

Polk 45 45 0%
Rutherford 94 80 +18%
Transylvania 135 90 +50%

*TOTAL 2,260 1,845 +22%

Average Home Selling Price

COUNTY 2010 2009 % change

Buncombe $246,873 $269,646 –8%

Haywood $197,425 $202,270 –2%
Henderson $221,014 $211,644 +4%
Madison $184,009 $177,790 +3%
2010 Totals

Polk $234,785 $181,975 +29%

Rutherford $172,482 $182,602 –6%
Transylvania $271,617 $256,600 +6%

*AVERAGE $232,318 $239,577 –3%

NOTE: Information as reported by the North Carolina Mountains Multiple Listing Service. The North Carolina Mountains Multiple Listing Service
does not guarantee or is in any way responsible for its accuracy. Data maintained by the Multiple Listing Service may not reflect all real
estate activity in the market. These figures are based upon actual closed transactions as reported through the above mentioned service.
* These totals and averages include all sales reported through the North Carolina Mountains Multiple Listing Service.
 Quarterly Market Report

Housing Supply vs. Demand

Western North Carolina Region
YTD
YTD 7/1/2010
Monthly Absorption
Units Active
Average Rate**
Sold Units
PRICE RANGE JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Units Sold

$0–$74,999 21 15 37 27 27 60 187 31.2 191 6.1

$75,000–$149,999 65 66 101 134 122 145 633 105.5 1,448 13.7
$150,000–$199,999 54 50 82 114 95 91 486 81 1,558 19.2
$200,000–$249,999 21 44 58 72 73 79 347 57.8 1,302 22.5
$250,000–$299,999 24 21 38 35 48 57 223 37.2 1,183 31.8
$300,000–$349,999 17 9 20 29 29 42 146 24.3 695 28.6
$350,000–$399,999 12 9 12 16 19 26 94 15.7 725 46.2
$400,000–$449,999 11 5 10 9 5 16 56 9.3 378 40.6
$450,000–$499,999 8 3 3 6 9 17 46 7.7 405 52.6
$500,000–$549,999 6 3 5 2 4 8 28 4.7 206 43.8
$550,000–$599,999 4 2 1 3 5 5 20 3.3 255 77.3
$600,000–$699,000 4.5 283 62.9
2010 Totals

5 1 2 5 6 8 27
$700,000–$799,000 1 2 2 1 1 2 9 1.5 205 136.7
$800,000–$899,999 1 1 0 3 0 6 1 153 153
$900,000–$999,999 1 2 1 1 4 1 10 1.7 152 89.4
$1 Million–$1.9 Million 4 2 6 5 5 4 26 4.3 426 99.1
$2 Million–$2.9 Million 0 1 0 1 0 2 4 0.7 68 97.1
$3 Million–$4.9 Million 0 0 0 0 0 0 0 0 28 unknown
$5 Million Plus 0 0 0 0 0 0 0 0 7 unknown
TOTALS 255 236 378 463 452 564 2,348 391.3 9,668 24.7

Buncombe County
YTD
YTD 7/1/2010
Monthly Absorption
Units Active
Average Rate**
Sold Units
PRICE RANGE JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Units Sold

$0–$74,999 6 7 13 8 3 19 56 9.3 39 4.2

$75,000–$149,999 24 28 53 61 53 60 279 46.5 518 11.1
$150,000–$199,999 32 24 52 65 50 42 265 44.2 587 13.3
$200,000–$249,999 12 23 31 44 46 36 192 32 442 13.8
$250,000–$299,999 11 11 21 22 17 24 106 17.7 419 23.7
$300,000–$349,999 5 3 10 16 18 29 81 13.5 257 19
$350,000–$399,999 8 4 7 7 9 15 50 8.3 247 29.8
$400,000–$449,999 6 3 6 5 5 8 33 5.5 165 30
$450,000–$499,999 4 2 3 2 5 11 27 4.5 139 30.9
$500,000–$549,999 5 2 2 1 1 5 16 2.7 84 31.1
$550,000–$599,999 4 0 1 2 2 2 11 1.8 75 41.7
$600,000–$699,000 1 1 1 1 0 2 6 1 97 97
2010 Totals

$700,000–$799,000 1 1 2 0 1 0 5 0.8 76 95
$800,000–$899,999 0 1 0 1 0 1 3 0.5 54 108
$900,000–$999,999 0 1 0 1 2 1 5 0.8 65 81.2
$1 Million–$1.9 Million 3 1 3 3 2 2 14 2.3 211 91.7
$2 Million–$2.9 Million 0 1 0 1 0 2 4 0.6 25 41.7
$3 Million–$4.9 Million 0 0 0 0 0 0 0 0 8 unknown
$5 Million Plus 0 0 0 0 0 0 0 0 1 unknown
TOTALS 122 113 205 240 214 259 1,153 192.2 3,509 18.3

NOTE: Information as reported by the North Carolina Mountains Multiple Listing Service. The North Carolina Mountains Multiple Listing Service does not
guarantee or is in any way responsible for its accuracy. Data maintained by the Multiple Listing Service may not reflect all real estate activity in the
market. These figures are based upon actual closed transactions as reported through the above mentioned service.
** Absorption Rate: The “projected” months it will take to absorb all of the listings in a particular price range.
 Henderson County
YTD
YTD 7/1/2010
Monthly Absorption
Units Active
Average Rate**
Sold Units
PRICE RANGE JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Units Sold

$0–$74,999 3 2 6 4 6 8 29 4.8 19 4
$75,000–$149,999 16 14 24 26 33 32 145 24.2 318 13.1
$150,000–$199,999 14 8 15 28 24 22 111 18.5 341 18.4
$200,000–$249,999 8 8 15 17 10 21 79 13.2 303 22.9
$250,000–$299,999 3 4 9 6 18 13 53 8.8 211 24
$300,000–$349,999 5 2 4 7 5 9 32 5.3 157 29.6
$350,000–$399,999 2 5 0 3 5 7 22 3.7 141 38.1
$400,000–$449,999 1 1 1 2 0 5 10 1.7 65 38.2
$450,000–$499,999 4 0 0 2 2 5 13 2.2 53 24.1
$500,000–$549,999 1 0 3 0 1 2 7 1.2 39 32.5
$550,000–$599,999 0 0 0 0 0 1 1 0.2 51 255
$600,000–$699,000 1 0 0 3 0 4 8 1.3 49 37.7

2010 Totals
$700,000–$799,000 0 0 0 0 0 1 1 0.2 31 155
$800,000–$899,999 0 0 0 1 0 0 1 0.2 21 105
$900,000–$999,999 1 0 0 0 1 0 2 0.3 14 46.7
$1 Million–$1.9 Million 0 0 2 0 0 1 3 0.5 42 84
$2 Million–$2.9 Million 0 0 0 0 0 0 0 0 7 unknown
$3 Million–$4.9 Million 0 0 0 0 0 0 0 0 3 unknown
$5 Million Plus 0 0 0 0 0 0 0 0 1 unknown
TOTALS 59 44 79 99 105 131 517 86.2 1866 21.6

Haywood County
YTD
YTD 7/1/2010
Monthly Absorption
Units Active
Average Rate**
Sold Units
PRICE RANGE JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Units Sold

$0–$74,999 1 4 3 6 4 7 25 4.2 39 9.3

$75,000–$149,999 6 11 15 16 11 20 79 13.2 246 18.6
$150,000–$199,999 4 8 5 5 6 17 45 7.5 236 31.5
$200,000–$249,999 0 3 8 4 2 10 27 4.5 199 44.2
$250,000–$299,999 5 2 3 3 6 7 26 4.3 202 47
$300,000–$349,999 3 1 2 2 2 2 12 2 89 44.5
$350,000–$399,999 2 1 0 3 2 0 8 1.3 114 87.7
$400,000–$449,999 1 0 1 1 0 2 5 0.8 46 57.5
$450,000–$499,999 0 0 0 0 0 0 0 0 68 unknown
$500,000–$549,999 0 0 0 0 0 1 1 0.2 19 95
$550,000–$599,999 0 0 0 0 1 0 1 0.2 26 130
2010 Totals

$600,000–$699,000 1 0 1 0 2 0 4 0.7 30 42.9

$700,000–$799,000 0 0 0 0 1 1 2 0.3 22 73.3
$800,000–$899,999 0 0 0 1 0 0 1 0.2 17 85
$900,000–$999,999 0 1 0 0 0 0 1 0.2 16 80
$1 Million–$1.9 Million 0 0 0 0 0 0 0 0 38 unknown
$2 Million–$2.9 Million 0 0 0 0 0 0 0 0 7 unknown
$3 Million–$4.9 Million 0 0 0 0 0 0 0 0 3 unknown
$5 Million Plus 0 0 0 0 0 0 0 0 0 n/a
TOTALS 23 31 38 41 37 67 237 39.5 1417 35.9

NOTE: Information as reported by the North Carolina Mountains Multiple Listing Service. The North Carolina Mountains Multiple Listing Service does not
guarantee or is in any way responsible for its accuracy. Data maintained by the Multiple Listing Service may not reflect all real estate activity in the
market. These figures are based upon actual closed transactions as reported through the above mentioned service.
** Absorption Rate: The “projected” months it will take to absorb all of the listings in a particular price range.
 Quarterly Market Report

Housing Supply vs. Demand

Rutherford County
YTD
YTD 7/1/2010
Monthly Absorption
Units Active
Average Rate**
Sold Units
PRICE RANGE JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Units Sold

$0–$74,999 4 0 7 2 7 10 30 5 38 7.6
$75,000–$149,999 2 2 3 8 6 5 26 4.3 63 14.6
$150,000–$199,999 0 4 1 3 3 1 12 2 83 41.5
$200,000–$249,999 0 1 1 0 2 3 7 1.2 64 53.3
$250,000–$299,999 1 0 1 2 0 1 5 0.8 71 88.7
$300,000–$349,999 1 1 0 2 3 0 7 1.2 39 32.5
$350,000–$399,999 0 0 1 0 0 1 2 0.3 39 130
$400,000–$449,999 1 0 1 0 0 0 2 0.3 19 63.3
$450,000–$499,999 0 0 0 0 0 0 0 0 28 unknown
$500,000–$549,999 0 0 0 0 0 0 0 0 7 unknown
$550,000–$599,999 0 0 0 0 0 1 1 0.2 13 65
$600,000–$699,000 0.2 10 50
2010 Totals

0 0 0 0 1 0 1
$700,000–$799,000 0 0 0 0 0 0 0 0 14 unknown
$800,000–$899,999 0 0 0 0 0 0 0 0 5 unknown
$900,000–$999,999 0 0 0 0 0 0 0 0 7 unknown
$1 Million–$1.9 Million 1 0 1 0 0 0 2 0.3 10 33.3
$2 Million–$2.9 Million 0 0 0 0 0 0 0 0 0 unknown
$3 Million–$4.9 Million 0 0 0 0 0 0 0 0 1 unknown
$5 Million Plus 0 0 0 0 0 0 0 0 1 unknown
TOTALS 10 8 16 17 22 22 95 15.8 512 32.4

Polk County
YTD
YTD 7/1/2010
Monthly Absorption
Units Active
Average Rate**
Sold Units
PRICE RANGE JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Units Sold

$0–$74,999 1 0 0 1 1 2 5 0.8 3 3.7

$75,000–$149,999 4 1 0 1 0 4 10 1.7 26 15.3
$150,000–$199,999 1 0 1 2 0 0 4 0.6 38 63.3
$200,000–$249,999 1 1 0 0 4 2 8 1.3 35 26.9
$250,000–$299,999 2 1 3 1 1 2 10 1.7 29 17.1
$300,000–$349,999 0 0 0 1 1 1 3 0.5 26 52
$350,000–$399,999 0 1 0 0 0 1 2 0.3 23 76.7
$400,000–$449,999 0 0 0 0 0 1 1 0.2 7 35
$450,000–$499,999 0 0 0 1 0 0 1 0.2 17 85
$500,000–$549,999 0 0 0 0 0 0 0 0 5 unknown
$550,000–$599,999 0 0 0 0 0 1 1 0.2 12 60
$600,000–$699,000 0 0 0 0 0 0 0 0 13 unknown
2010 Totals

$700,000–$799,000 0 0 0 0 0 0 0 0 10 unknown
$800,000–$899,999 0 0 0 0 0 0 0 0 17 unknown
$900,000–$999,999 0 0 0 0 0 0 0 0 5 unknown
$1 Million–$1.9 Million 0 0 0 0 1 0 1 0.2 25 135
$2 Million–$2.9 Million 0 0 0 0 0 0 0 0 7 unknown
$3 Million–$4.9 Million 0 0 0 0 0 0 0 0 1 unknown
$5 Million Plus 0 0 0 0 0 0 0 0 0 unknown
TOTALS 9 4 4 6 8 14 45 7.5 399 53.2

NOTE: Information as reported by the North Carolina Mountains Multiple Listing Service. The North Carolina Mountains Multiple Listing Service does not
guarantee or is in any way responsible for its accuracy. Data maintained by the Multiple Listing Service may not reflect all real estate activity in the
market. These figures are based upon actual closed transactions as reported through the above mentioned service.
** Absorption Rate: The “projected” months it will take to absorb all of the listings in a particular price range.
 Transylvania County
YTD
YTD 7/1/2010
Monthly Absorption
Units Active
Average Rate**
Sold Units
PRICE RANGE JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Units Sold

$0–$74,999 2 1 1 2 2 4 12 2 11 5.5
$75,000–$149,999 4 3 2 10 5 6 30 5 89 17.8
$150,000–$199,999 3 5 4 7 7 4 30 5 112 22.4
$200,000–$249,999 0 5 1 3 2 6 17 2.8 110 39.3
$250,000–$299,999 0 1 0 0 4 5 10 1.7 91 53.5
$300,000–$349,999 3 1 4 1 0 0 9 1.6 63 39.4
$350,000–$399,999 0 0 2 1 1 1 5 0.8 69 86.2
$400,000–$449,999 1 0 0 0 0 0 1 0.2 29 145
$450,000–$499,999 0 0 0 1 2 0 3 0.5 51 102
$500,000–$549,999 0 0 0 0 2 0 2 0.3 25 83.3
$550,000–$599,999 0 1 0 1 1 0 3 0.5 45 90
$600,000–$699,000 2 0 0 1 2 1 6 1 38 38

2010 Totals
$700,000–$799,000 0 1 0 0 0 0 1 0.2 29 145
$800,000–$899,999 0 0 0 0 0 0 0 0 13 unknown
$900,000–$999,999 0 0 1 0 0 0 1 0.2 24 120
$1 Million–$1.9 Million 0 0 0 2 2 1 5 0.8 49 61.2
$2 Million–$2.9 Million 0 0 0 0 0 0 0 0 16 unknown
$3 Million–$4.9 Million 0 0 0 0 0 0 0 0 6 unknown
$5 Million Plus 0 0 0 0 0 0 0 0 3 unknown
TOTALS 15 18 15 29 30 28 135 22.5 873 38.8

Madison County
YTD
YTD 7/1/2010
Monthly Absorption
Units Active
Average Rate**
Sold Units
PRICE RANGE JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Units Sold

$0–$74,999 0 0 1 2 2 5 10 1.7 8 4.7

$75,000–$149,999 3 2 2 3 3 5 18 3 50 16.7
$150,000–$199,999 0 0 1 1 3 3 8 1.3 36 27.7
$200,000–$249,999 0 2 1 2 1 0 6 1 50 50
$250,000–$299,999 1 0 0 1 1 3 6 1 41 41
$300,000–$349,999 0 0 0 0 1 0 1 0.2 30 150
$350,000–$399,999 0 0 1 0 0 1 2 0.3 22 73.3
$400,000–$449,999 0 0 0 0 0 0 0 0 14 unknown
$450,000–$499,999 0 0 0 0 0 0 0 0 24 unknown
$500,000–$549,999 0 1 0 0 0 0 1 0.2 14 70
$550,000–$599,999 0 0 0 0 0 0 0 0 14 unknown
2010 Totals

$600,000–$699,000 0 0 0 0 0 1 1 0.2 10 50
$700,000–$799,000 0 0 0 0 0 0 0 0 5 unknown
$800,000–$899,999 0 0 0 0 0 0 0 0 9 unknown
$900,000–$999,999 0 0 0 0 1 0 1 0.2 7 35
$1 Million–$1.9 Million 0 0 0 0 0 0 0 0 9 unknown
$2 Million–$2.9 Million 0 0 0 0 0 0 0 0 0 unknown
$3 Million–$4.9 Million 0 0 0 0 0 0 0 0 2 unknown
$5 Million Plus 0 0 0 0 0 0 0 0 0 unknown
TOTALS 4 5 6 9 12 18 54 9 345 38.3

NOTE: Information as reported by the North Carolina Mountains Multiple Listing Service. The North Carolina Mountains Multiple Listing Service does not
guarantee or is in any way responsible for its accuracy. Data maintained by the Multiple Listing Service may not reflect all real estate activity in the
market. These figures are based upon actual closed transactions as reported through the above mentioned service.
** Absorption Rate: The “projected” months it will take to absorb all of the listings in a particular price range.
 Quarterly Market Report

Residential Vacant Lots

with Restrictions from 0 to 3
Closed Lot/Land Sales
January – June, 2010
Transyl–
Buncombe Haywood Henderson Madison Polk rutherford NCMtnsMLS
PRICE vania
RANGE
2010 2009 2010 2009 2010 2009 2010 2009 2010 2009 2010 2009 2010 2009 2010 2009

$0–$100,000 52 46 35 24 32 35 5 7 2 2 31 13 23 18 200 149

$100,000–$200,000 5 12 1 3 6 9 0 1 0 0 2 0 2 1 17 27

$200,000–$300,000 6 2 2 0 0 1 0 0 0 0 2 0 0 1 9 4

$300,000–$400,000 1 3 0 0 0 0 0 0 0 0 0 0 1 0 2 3

$400,000–$500,000 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1
2010 Totals

$500,000–$750,000 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1

$750,000–$1,000,000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

$1 Million+ 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

TOTALS 65 65 38 27 38 45 5 8 2 2 35 13 26 20 229 185

Percentage Change 0% +40.7% –15.6% –37.5% 0% +169.2% +30% +23.8%

Residential Active Lot/Land Inventory 0–3 Acres

As of 7/1/10
ruther-
PRICE RANGE Buncombe Haywood Henderson Madison Polk Transylvania NCMtnsMLS
ford

$0–$100,000 882 847 579 181 118 454 476 3853

$100,000–$200,000 364 276 310 35 14 92 161 1312

$200,000–$300,000 136 48 66 9 5 25 58 357

$300,000–$400,000 61 15 18 1 4 15 33 156

$400,000–$500,000 23 2 4 0 0 6 19 59

$500,000–$750,000 37 0 7 0 0 3 11 65

$7500,000–$1,000,000
2010 Totals

16 0 0 0 0 2 2 20

$1 Million+ 4 0 0 0 0 1 6 11

TOTALS 1523 1188 984 226 141 598 766 5833

Totals as of 4/05/10 1451 1144 939 216 141 601 694 5506

Percentage Change +5.0% +3.8% +4.8% +4.6% 0% –0.5% +10.4% +5.9%

NOTE: Information as reported by the North Carolina Mountains Multiple Listing Service. The North Carolina Mountains Multiple Listing Service does
not guarantee or is in any way responsible for its accuracy. Data maintained by the Multiple Listing Service may not reflect all real estate activity
in the market. These figures are based upon actual closed transactions as reported through the above mentioned service.
Sold Properties
Properties Sold Year to Date 2010
by the Top 5 WNC Real Estate Firms
Property Types: residential, improved and unimproved

$254,206,260

Closed Sales Volume

$166,828,943

$42,311,205 $39,035,803
$31,942,196
Keller
Williams ReMax
Professionals Prudential Mountain Century 21
Asheville Lifestyles Realty Mtn Lifestyle

NOTE: Information as reported by the North Carolina Mountains Multiple Listing Service. The North Carolina Mountains Multiple Listing Service does
not guarantee or is in any way responsible for its accuracy. Data maintained by the Multiple Listing Service may not reflect all real estate activity
in the market. These figures are based upon actual closed transactions as reported through the above mentioned service.
 2010 Second Quarter Snapshot

12 Month Closed Residential

12 Month Sales Unit Comparison
Unit Sales Comparison
Closed Residential Sales

600

500

400

300

200

100
2008 - 509
2009 - 493

2008 - 483
2009 - 449

2008 - 397
2009 - 449

2008 - 423
2009 - 471

2008 - 293
2009 - 390

2008 - 327
2009 - 406

2008 - 374
2009 - 217
2010 - 255

2008 - 391
2009 - 264

2008 - 460
2009 - 352
2010 - 378

2008 - 472
2009 - 313
2010 - 463

2008 - 530
2009 - 349
2010 - 452

2008 - 491

2010 - 564
2009 - 442
2010 - 236

JULY AUG SEPT OCT NOV DEC JAN FEB MAR APR MAY JUNE

Percentage
Beverly-Hanks of First
& Associates Quarter Closed Residential Sales by Price
1% 4%
1,000,000+ $500,000 - $999,999

15%
$300,000 - $499,999

80%
Up to $299,999

*These totals and averages include all sales reported through the North Carolina Mountains Multiple Listing Service.
Note: Information as reported by the North Carolina Mountains Multiple Listing Service. The North Carolina Mountains Multiple Listing Service does not guarantee or
is in any way responsible for its accuracy. Data maintained by the Multiple Listing Service may not reflect all real estate activity in the market. These figures are based
upon actual closed transactions as reported through the above mentioned service.
 Beverly-Hanks & Associates
WNC’s Leading Full Service Real Estate Company

Family of Services
Residential Real Estate Brokerage
Since 1976, Western North Carolina’s leading residential
brokerage firm.

Commercial Real Estate Brokerage

NAI BH Commercial specializes in the marketing and sales of
commercial, industrial, office and retail properties.

Beverly-Hanks & Associates Builder/Developer Marketing

New Home With a proven track record, our New Homes Division provides
complete sales and marketing programs designed to fulfill the
Division needs of builders and developers.

Relocation Services
®
Relocating to Western North Carolina or anywhere else in
the world can be an exciting and easy process when working
®
with the trained relocation professionals in the Relocation
Department of Beverly-Hanks & Associates. We offer you a
worldwide network at your fingertips.

Mortgage Financing
Beverly-Hanks Mortgage Services’ is dedicated to making the
process of financing real estate easy and enjoyable. Staffed
with financing professionals dedicated to providing prompt,
personal service. We offer a broad menu of financing options,
very competitive rates and customer service that is second to
none.

Title Insurance
Representatives at Cardinal Title Center, LLC serve clients
statewide. This experience adds value to the closing process
by fully understanding mortgage and title requirements which
allows us to streamline the transaction and overcome issues
before they become obstacles to closing.
300 Executive Park
Asheville, NC 28801

2nd Quarter 2010

Market Report

www.beverly-hanks.com