Real Estate Market Trends for Western North Carolina

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Beverly-Hanks & Associates considers national housing industry trends and examines how they are effecting the greater Asheville, Waynesville, and Hendersonville areas of Western North Carolina.

Real Estate Business

SLOW STEADY GROWTH
November 2013

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Beverly-Hanks & Associates
Phone: 866.858.2257

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© 2013 Beverly-Hanks & Associates - All Rights Reserved.

CONSUMERS SHOULD BE AT EASE
November 2013

“If home values continued to rise as they have,
relatively unchecked, we would almost certainly be
headed into another bubble cycle, and nobody want
that… This moderation should help consumers feel
more at ease in their decision to buy and sell and
will help to keep the market balanced.”

STAN HUMPHRIES

Chief Economist for Zillow

CONTACT US
Beverly-Hanks & Associates
Phone: 866.858.2257

beverly-hanks.com

© 2013 Beverly-Hanks & Associates - All Rights Reserved.

ASKING PRICES HEADED DOWN
November 2013

“Asking home prices gives us the ﬁrst look at where
home sale prices are headed, and they point to a
slowdown. After rising rapidly in the ﬁrst half of
2013, asking prices in two thirds of the largest
metros are cooling. In fact, asking prices are falling
—not just rising more slowly—in 11 of the 100
largest metros, the most markets to see prices slip
in six months.”

JED KOLKO

Trulia’s Chief Economist

CONTACT US
Beverly-Hanks & Associates
Phone: 866.858.2257

beverly-hanks.com

© 2013 Beverly-Hanks & Associates - All Rights Reserved.

PRICE INCREASES PULLING BACK
November 2013

North Carolina Mountains MLS

CONTACT US
Beverly-Hanks & Associates
Phone: 866.858.2257

beverly-hanks.com

© 2013 Beverly-Hanks & Associates - All Rights Reserved.

ASKING PRICES HEADED DOWN
November 2013

“I deﬁne a bubble as a time when people have
extravagant expectations, and the expectations are
driving home price increases. We don’t have the
mindset of earlier in this century… Aﬀordability is
still good compared any time over the last 50 years.”

ROBERT SHILLER

Nobel Prize Winning Economist

CONTACT US
Beverly-Hanks & Associates
Phone: 866.858.2257

beverly-hanks.com

© 2013 Beverly-Hanks & Associates - All Rights Reserved.

A SLOWER PACE IS POSITIVE
November 2013

“The rapid price gains of the last year cannot be
sustained and we expect the pace to decline
substantially… A slower pace is a positive for
housing demand and will help to keep aﬀordability
from further eroding.”

MOODY’S ANALYTICS
CONTACT US
Beverly-Hanks & Associates
Phone: 866.858.2257

beverly-hanks.com

© 2013 Beverly-Hanks & Associates - All Rights Reserved.

CONSIDERING ALL OPINIONS
November 2013

CONTACT US
Beverly-Hanks & Associates
Phone: 866.858.2257

beverly-hanks.com

© 2013 Beverly-Hanks & Associates - All Rights Reserved.

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Ganga Platinum, located in the Kharadi area, is a residential development that offers an exceptional living experience. This project boasts modern amenities that ensure you live in comfort and style. It also provides easy access to prime locations, making travel hassle-free. The project offers 3.5 and 4.5 BHK flats, each designed to perfection to leave you amazed. The apartments are newly renovated and fully furnished, providing cozy rooms, walk-in wardrobes, spacious living spaces, and well-equipped kitchens to ensure your comfort and happiness. The best part is that all of this comes at an affordable price, so you don't have to worry about breaking the bank. For More Details Visit : goelganga.developerprojects.in

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Mental health has been in the news quite a bit lately. Dozens of U.S. states are currently suing Meta for contributing to the youth mental health crisis by inserting addictive features into their products, while the U.S. Surgeon General is touring the nation to bring awareness to the growing epidemic of loneliness and isolation. The country has endured periods of low national morale, such as in the 1970s when high inflation and the energy crisis worsened public sentiment following the Vietnam War. The current mood, however, feels different. Gallup recently reported that national mental health is at an all-time low, with few bright spots to lift spirits. To better understand how Americans are feeling and their attitudes towards mental health in general, ThinkNow conducted a nationally representative quantitative survey of 1,500 respondents and found some interesting differences among ethnic, age and gender groups. Technology For example, 52% agree that technology and social media have a negative impact on mental health, but when broken out by race, 61% of Whites felt technology had a negative effect, and only 48% of Hispanics thought it did. While technology has helped us keep in touch with friends and family in faraway places, it appears to have degraded our ability to connect in person. Staying connected online is a double-edged sword since the same news feed that brings us pictures of the grandkids and fluffy kittens also feeds us news about the wars in Israel and Ukraine, the dysfunction in Washington, the latest mass shooting and the climate crisis. Hispanics may have a built-in defense against the isolation technology breeds, owing to their large, multigenerational households, strong social support systems, and tendency to use social media to stay connected with relatives abroad. Age and Gender When asked how individuals rate their mental health, men rate it higher than women by 11 percentage points, and Baby Boomers rank it highest at 83%, saying it’s good or excellent vs. 57% of Gen Z saying the same. Gen Z spends the most amount of time on social media, so the notion that social media negatively affects mental health appears to be correlated. Unfortunately, Gen Z is also the generation that’s least comfortable discussing mental health concerns with healthcare professionals. Only 40% of them state they’re comfortable discussing their issues with a professional compared to 60% of Millennials and 65% of Boomers. Race Affects Attitudes As seen in previous research conducted by ThinkNow, Asian Americans lag other groups when it comes to awareness of mental health issues. Twenty-four percent of Asian Americans believe that having a mental health issue is a sign of weakness compared to the 16% average for all groups. Asians are also considerably less likely to be aware of mental health services in their communities (42% vs. 55%) and most likely to seek out information on social media (51% vs. 35%).

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A report by thenetworkone and Kurio. The contributing experts and agencies are (in an alphabetical order): Sylwia Rytel, Social Media Supervisor, 180heartbeats + JUNG v MATT (PL), Sharlene Jenner, Vice President - Director of Engagement Strategy, Abelson Taylor (USA), Alex Casanovas, Digital Director, Atrevia (ES), Dora Beilin, Senior Social Strategist, Barrett Hoffher (USA), Min Seo, Campaign Director, Brand New Agency (KR), Deshé M. Gully, Associate Strategist, Day One Agency (USA), Francesca Trevisan, Strategist, Different (IT), Trevor Crossman, CX and Digital Transformation Director; Olivia Hussey, Strategic Planner; Simi Srinarula, Social Media Manager, The Hallway (AUS), James Hebbert, Managing Director, Hylink (CN / UK), Mundy Álvarez, Planning Director; Pedro Rojas, Social Media Manager; Pancho González, CCO, Inbrax (CH), Oana Oprea, Head of Digital Planning, Jam Session Agency (RO), Amy Bottrill, Social Account Director, Launch (UK), Gaby Arriaga, Founder, Leonardo1452 (MX), Shantesh S Row, Creative Director, Liwa (UAE), Rajesh Mehta, Chief Strategy Officer; Dhruv Gaur, Digital Planning Lead; Leonie Mergulhao, Account Supervisor - Social Media & PR, Medulla (IN), Aurelija Plioplytė, Head of Digital & Social, Not Perfect (LI), Daiana Khaidargaliyeva, Account Manager, Osaka Labs (UK / USA), Stefanie Söhnchen, Vice President Digital, PIABO Communications (DE), Elisabeth Winiartati, Managing Consultant, Head of Global Integrated Communications; Lydia Aprina, Account Manager, Integrated Marketing and Communications; Nita Prabowo, Account Manager, Integrated Marketing and Communications; Okhi, Web Developer, PNTR Group (ID), Kei Obusan, Insights Director; Daffi Ranandi, Insights Manager, Radarr (SG), Gautam Reghunath, Co-founder & CEO, Talented (IN), Donagh Humphreys, Head of Social and Digital Innovation, THINKHOUSE (IRE), Sarah Yim, Strategy Director, Zulu Alpha Kilo (CA).

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The search marketing landscape is evolving rapidly with new technologies, and professionals, like you, rely on innovative paid search strategies to meet changing demands. It’s important that you’re ready to implement new strategies in 2024. Check this out and learn the top trends in paid search advertising that are expected to gain traction, so you can drive higher ROI more efficiently in 2024. You’ll learn: - The latest trends in AI and automation, and what this means for an evolving paid search ecosystem. - New developments in privacy and data regulation. - Emerging ad formats that are expected to make an impact next year. Watch Sreekant Lanka from iQuanti and Irina Klein from OneMain Financial as they dive into the future of paid search and explore the trends, strategies, and technologies that will shape the search marketing landscape. If you’re looking to assess your paid search strategy and design an industry-aligned plan for 2024, then this webinar is for you.

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From their humble beginnings in 1984, TED has grown into the world’s most powerful amplifier for speakers and thought-leaders to share their ideas. They have over 2,400 filmed talks (not including the 30,000+ TEDx videos) freely available online, and have hosted over 17,500 events around the world. With over one billion views in a year, it’s no wonder that so many speakers are looking to TED for ideas on how to share their message more effectively. The article “5 Public-Speaking Tips TED Gives Its Speakers”, by Carmine Gallo for Forbes, gives speakers five practical ways to connect with their audience, and effectively share their ideas on stage. Whether you are gearing up to get on a TED stage yourself, or just want to master the skills that so many of their speakers possess, these tips and quotes from Chris Anderson, the TED Talks Curator, will encourage you to make the most impactful impression on your audience. See the full article and more summaries like this on SpeakerHub here: https://speakerhub.com/blog/5-presentation-tips-ted-gives-its-speakers See the original article on Forbes here: http://www.forbes.com/forbes/welcome/?toURL=http://www.forbes.com/sites/carminegallo/2016/05/06/5-public-speaking-tips-ted-gives-its-speakers/&refURL=&referrer=#5c07a8221d9b

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Everyone is in agreement that ChatGPT (and other generative AI tools) will shape the future of work. Yet there is little consensus on exactly how, when, and to what extent this technology will change our world. Businesses that extract maximum value from ChatGPT will use it as a collaborative tool for everything from brainstorming to technical maintenance. For individuals, now is the time to pinpoint the skills the future professional will need to thrive in the AI age. Check out this presentation to understand what ChatGPT is, how it will shape the future of work, and how you can prepare to take advantage.

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During this webinar, Anand Bagmar demonstrates how AI tools such as ChatGPT can be applied to various stages of the software development life cycle (SDLC) using an eCommerce application case study. Find the on-demand recording and more info at https://applitools.info/b59 Key takeaways: • Learn how to use ChatGPT to add AI power to your testing and test automation • Understand the limitations of the technology and where human expertise is crucial • Gain insight into different AI-based tools • Adopt AI-based tools to stay relevant and optimize work for developers and testers * ChatGPT and OpenAI belong to OpenAI, L.L.C.

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Real Estate Market Trends for Western North Carolina

2. CONSUMERS SHOULD BE AT EASE November 2013 “If home values continued to rise as they have, relatively unchecked, we would almost certainly be headed into another bubble cycle, and nobody want that… This moderation should help consumers feel more at ease in their decision to buy and sell and will help to keep the market balanced.” STAN HUMPHRIES Chief Economist for Zillow CONTACT US Beverly-Hanks & Associates Phone: 866.858.2257 beverly-hanks.com © 2013 Beverly-Hanks & Associates - All Rights Reserved.

3. ASKING PRICES HEADED DOWN November 2013 “Asking home prices gives us the ﬁrst look at where home sale prices are headed, and they point to a slowdown. After rising rapidly in the ﬁrst half of 2013, asking prices in two thirds of the largest metros are cooling. In fact, asking prices are falling —not just rising more slowly—in 11 of the 100 largest metros, the most markets to see prices slip in six months.” JED KOLKO Trulia’s Chief Economist CONTACT US Beverly-Hanks & Associates Phone: 866.858.2257 beverly-hanks.com © 2013 Beverly-Hanks & Associates - All Rights Reserved.

4. PRICE INCREASES PULLING BACK November 2013 North Carolina Mountains MLS CONTACT US Beverly-Hanks & Associates Phone: 866.858.2257 beverly-hanks.com © 2013 Beverly-Hanks & Associates - All Rights Reserved.

5. ASKING PRICES HEADED DOWN November 2013 “I deﬁne a bubble as a time when people have extravagant expectations, and the expectations are driving home price increases. We don’t have the mindset of earlier in this century… Aﬀordability is still good compared any time over the last 50 years.” ROBERT SHILLER Nobel Prize Winning Economist CONTACT US Beverly-Hanks & Associates Phone: 866.858.2257 beverly-hanks.com © 2013 Beverly-Hanks & Associates - All Rights Reserved.

7. A SLOWER PACE IS POSITIVE November 2013 “The rapid price gains of the last year cannot be sustained and we expect the pace to decline substantially… A slower pace is a positive for housing demand and will help to keep aﬀordability from further eroding.” MOODY’S ANALYTICS CONTACT US Beverly-Hanks & Associates Phone: 866.858.2257 beverly-hanks.com © 2013 Beverly-Hanks & Associates - All Rights Reserved.

Real Estate Market Trends for Western North Carolina

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