Michael Zullo's (mzullo) Blog

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Real Estate Broker/Owner - Keller Williams
RECENT BLOG POSTS
Well, Easter came early and so did the buyers. The daffodils are blooming and a rush of savey buyers have hit the market. The number of contracts written in the month of march doubled February and almost reach the levels of last year at this time. Asheville buyers have many choices as there is st...
04/15/2008
The month of January is over and the closed business is down 35% over last year. The written or new contracts is down only 15% which is an improvement over previous months. How the market plays out in the winter months is always affected by weather. When it is warm and sunny people buy homes. Whe...
03/17/2008
The biggest problem with our market in Asheville, is the low volume of new home sales. In some cases that market is down over 40%. And with more new construction coming on the market , prospects for 2008 are not looking to good.....for sellers, that is. As for buyers, developers are making all ki...
12/11/2007
We are on so many top ten lists, but this one is very interesting. While the price of homes went up double digits in many other parts of the country, Asheville moved just a little ahead each year. Now while the big boys are in steep declines, Asheville's real estate moves into the top ten of comm...
12/11/2007
It seems that November will turn out to be a good month for Real Estate in Asheville. Buyers are trying to get under contract so they can close by the end of the year. Many are realizing that bargains are to be had now. Waiting for winter might not be the best tactic. Chances are many sellers wil...
12/11/2007
 Sorry for the delay in blogging this month,but I have been traveling and am currently in Las Vegas at the National Associations of Realtors convention. (Tough life!) While learning the best and latest techniques in getting property sold, I also got to completely understand absorption rate calcul...
12/11/2007
The Asheville Market continues its slide but prices are holding. The Asheville area had a 60% drop in total sales for the month of October over last year. While that might seem to be a scary number, the average sales price is and the average days on market has remained the same. Listing continue ...
10/31/2007
Recently, there have been several articles about mortgage money here in Asheville. Let me make it clear, there is money and it is competitive. You still can get a loan even with OK credit. A recent article indicated that you should not use a mortgage company that is part of a real estate company ...
10/22/2007
Well the best answer to the question is....it depends. Asheville has a vast price range. Homes, manufactured homes, cabins begin at $59,000 and range up to luxury homes in the millions. We currently find that the best seller's market is anything below $200,000. From that point Asheville homes bec...
10/12/2007
The Asheville Real Estate market continues to slide as does all of Western North Carolina. The results of the 5 county WNC Regional Mls system of total home sales is as follows:September 2006---------------------September 2007Homes Sold 782 ---------------------- Homes Sold 537Average Days on Mar...
10/04/2007
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Michael Zullo

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