Aug
07

Employment and Home Sales Up in Asheville

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With slow but steady growth in new jobs, more people bought houses this spring, boosting a modest recovery underway in the local real estate market.

“We’ve had eight straight months with real estate in Western North Carolina showing better performance. It would appear that the worst is certainly behind us,” said Debbie Williams, executive vice president with Beverly-Hanks & Associates.

Buncombe County saw an average of 240 homes sold each month in the second quarter of 2012, compared with 191 in the same period last year. The low was 186 homes sold a month in 2010, according to figures compiled in Beverly-Hanks’ second quarter market report.

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