Real Estate News Radio with Rowena Patton

Exploring Asheville's Real Estate Market: From the CPO Program to Economic Trends

December 09, 2023 Rowena Patton
Real Estate News Radio with Rowena Patton
Exploring Asheville's Real Estate Market: From the CPO Program to Economic Trends
Show Notes Transcript Chapter Markers

Ever wondered what it's like to navigate the dynamic and ever-changing real estate market in Asheville, North Carolina? Join us, your hosts Patrick Fransen and Rowena Patton, alongside our esteemed guest Rich, as we dissect the ins and outs of Asheville's property scene. We delve into the transformative Certified Pre-Owned (CPO) program and the remarkable difference it makes in your real estate journey. Hear about our team's triumphant strides at All-Star Powerhouse, brokered by EXP Realty, and the extraordinary leadership of Rowena Patton that makes it all possible.

Imagine taking a virtual tour of the Canton community as we talk about the welcome improvements to air quality thanks to a plant shut down. We share stories of selling homes, the challenges sellers face, and how a reliable realtor can alleviate these pressures. Hear our perspective on the current state of the housing market, the influence of interest rates, and how the CPO program can be a game-changer for seniors looking to sell their homes and investors refurbishing properties for resale.

But it's not all about the bricks and mortar! We take a detour to discuss Asheville's attractions, such as its recognition as the number one beer city in the country, and the renowned Sierra Nevada brewery. We share our wisdom on selling homes amidst economic downturns and pay tribute to the late actor Ryan O'Neal. Finally, we introduce the Cash CPO program - all about quick sales, cash offers, and speedy appraisals. Join us for this enlightening journey through the Asheville real estate landscape on the Plain English Real Estate Show.

Speaker 1:

This is the Plain English Real Estate Show with your host, rowena Patton, a show that focuses on the real estate market in terms you can easily understand. Call Rowena now. The number is 240 9962 1-800-570-9962. Now here's the English girl in the mountains, the agent that I would trust, rowena.

Speaker 2:

Patton. Alright, good morning. My listening friends. It's Patrick Fransen with you this morning. You've got the Real Estate Radio News channel here going and we want to cover a lot of great things today. I've got a cool guest, my workmate Rich, today with me and so we're going to bounce off different programs with you guys that maybe could help you understand the real estate market right now here in Asheville. We've found that it's kind of balancing. It's almost like traditional real estate as far as the traffic and then what's on the market. We're starting to see a little bit more activity. But yeah, so the show today I'm sure we'll cover a little bit of the CPO. My friends, we've got a great program with our cash CPO. Over at CPOexpertscom you can find all kinds of information. You can also find an agent. We've got a listening base out there that's throughout the United States so you can go and go to realstatenewsradiocom and find all those podcasts that we've been doing now for 11 years getting ready to be 12. And today's episode 692. We're getting close to 700. Randy, my producer's here with me. Randy, what do you think about? We're getting close to 700.

Speaker 5:

Yeah, yeah, join the 700 Club. I'm sorry, but yeah, that's been a long time Rose been doing the show and I came along right just after she started doing this Saturday morning show, so and I've been here like 11 years, something like that, on Saturday mornings and she's been right here. So she's got 12 plus years of doing this and it's amazing.

Speaker 2:

Yeah, every Saturday morning. You know, I talked to a couple of people this week and I have to lift Ro up just a moment just to talk about her expertise and her knowledge, Randy it's incredible.

Speaker 5:

She can feel that. She feels that hour. She just sits down and starts talking.

Speaker 2:

Oh man.

Speaker 5:

And it's fascinating quoting figures in her brain is oh, she knows this area so well.

Speaker 2:

You know she's done about 3700 transactions.

Speaker 5:

Wow, wow.

Speaker 2:

And that's that's beyond phenomenal. That's a lot of homes going into that many homes, and I'd like to welcome Rich here. He's come on to our team, been here what two and a half months now, going on and having great success. Rich, I want to applaud you, man. You just stepped in right into our radicalness. I think you realize how fast of a pace our life is and it's kind of fun in it.

Speaker 4:

That's what my inbox tells me. Good morning 8 to 8. And I want to thank Randy and Patrick for letting me come back after last week. It's been amazing. And we talk about Ro and I have learned so much in the past month. She's a wealth of knowledge.

Speaker 2:

I have her as a leader of our team is phenomenal. She takes so much time and she's passionate so much and she cares. I've not had someone help, just anyone, just find whatever they need to find. She's quite incredible to talk to. So she's not only the leader of our team but also my therapist, sometimes to go and rely on. She's covered the bases on experiences. So I'm very lucky to have her and I thank God that she recruited me to come on to the All-Star Powerhouse team brokered by EXP Realty here in Asheville, north Carolina, and we're the leader of CPOexpertscom. Ro Wino is the founder of the CPOexpertcom and created this program. Now, of course, ro Wino does all kinds of radio activities and we're part of a group called RATE, which is a radio and television entertainers group. And it allows us to be able to communicate with the top realtors all over the United States. So we've been able to get the CPO program out there pretty quickly with that group of agents out there. If they've got a radio show and a television activity going on, they're typically pretty much one of the top agencies in the area, wherever they're at. So that's one of the great things. So if you're listening to us, get in touch with us. You can go to CPOexpertscom and click on Find an Agent. There you can find, and if it's not there, you can contact us. No problem, we'll find you an agent. We're working diligently to get this program as smooth as possible and Ro Wino's created all these videos for all the agents that are joining and you can actually quite literally go in and watch tutorials and get a certificate on being a CPO expert. Now, of course, I feel like I'm an expert already. I work with Ro Wino. I get to hear it right, You're pretty close.

Speaker 4:

You've been a big help for me.

Speaker 2:

Well, cpo's great and it allows individuals the opportunity. Now, listen, you might wanna go the traditional route, and I get it. We wanna be able to take it to market for you. That way too, we cover all the bases and your real estate needs, especially with the residential locally here in Asheville. We're a huge listing team and we've got our buyer agents as well. That'll go out with you, hold your hand, we can go out and find homes. We listen to find out exactly what you're looking for Listening by allowing you to go and register in at mountainhomehuntcom there you can put your information in. It allows you to find the exact home that you're looking for in a particular area, and that's one of the things I suggest is, if you're coming here from other places and you're listening to me today because you're getting information about our area, because we often do share, today I'm probably gonna talk about Canton a little bit. I don't know, man, I'm really impressed with that little community. But with the CPO experts programs, you can go on here. We've got them for you folks. We've got the bankruptcy, foreclosure CPOs. We've got heroes. We've got a state CPO divorce, assisted living. There you can click, you can find, even if you are a builder. We've been able to find builders that were helping get their homes, loose their money up and free up their capital and let them go and build another home. So even builder CPO has been fantastic. We were expanding the program as we learned the need, so it's been quite incredible to get the feedback. You guys, and if you'd like to call in today here locally, we've got the 828-240-9962. You guys go ahead and give us a call over at 240-9962. And maybe we can tell you a little bit more if you've got any questions for that program. Rich, I've had really a lot of fun traveling all over the Western North Carolina area. Last week we were touching on I did the parkway and I went from up in Leicester area all the way down to Horseshoe and I cut through an area and it was kind of fun. And this week's been fun too. I've been able to travel around. I was able to go to Canton and blown away by the parade oh the Christmas parade. The Christmas parade. So I got lucky and I had a nice spot on the corner and, man, they had all these lights going on. You know they do it at night so it started at six and those folks put on a show. I was thoroughly impressed and enjoyed and I stayed to the end of the parade. And me and my girlfriend Teresa, we've just had a ball over in Canton and it was so refreshing to be able to do big breaths of air and not feel like I was getting contaminated. So it was fantastic. That community over there in Canton has been just fantastic. I know Randy knows that over there with the closing of the plant just how much better our air is and our community's gonna come around and lift Canton and find a way to those families that were affected by the closing of the plant, find a way to lift them up and help those folks survive. But it's better for all of us breath-wise. You know they call it the what, the paper town. Now it's the paperless town and it's gonna be great. I know that the worst thing in the world has happened for some folks but you know out of the worst things something can come out of it positive and I think three or four years down the road Canton's going to explode. It's just so wonderful that our pigeon river is gonna be nice and clean and our air is feeling good too. So thank you, the folks in Canton, for everything you've done for our community.

Speaker 5:

We look to get you lifted up. Speaking of Christmas parades, just to learn that the Marshall Christmas Parade that was scheduled to start at 11 o'clock in about 45 minutes has been canceled due to the weather out there, the rain, and that rain's expected to stick with us for a while. Maybe you're breaking it this afternoon, back again tonight, but anyway it's had a victim. The parade in Marshall is canceled this year.

Speaker 4:

Oh, good, oh, there's still plenty of time if they want to reschedule.

Speaker 5:

There is Absolutely Ready to do.

Speaker 2:

You think they'll reschedule today or not? No, not today.

Speaker 5:

Not today. I don't know when the Mars Hill Christmas Parade is. Maybe it's still yet to come.

Speaker 4:

Yeah, yeah. And one thing Patrick forgot to share was he was only at the parade waiting for Santa the last one.

Speaker 5:

That's why he stayed until the end.

Speaker 2:

Oh, it was a good Santa.

Speaker 4:

Did you put in your list for the year?

Speaker 2:

Well I did telepathically. I shot it over to him and let him know what I was looking for. So Santa's got me on his mind for sure. Mrs Claus was there with him, gave me a big wave and a smile and a candy cane. So, feeling pretty good this year, I've gotten not very much cold coming my way. I'm feeling I don't know. It's been a good year for Patrick. I'm so blessed to be able to be in this community and be able to share with folks and be able to travel around and see homes and meet people and be a part of a program that you know CPO has really helped a lot of families and it's a new way of doing real estate. So do give us a call, let us come out through your home. You can go to mountainhomehuntcom and check out. There you can find out the value of your home. You know, you guys, you've got what's my home worth there? So if you're selling, we've got the. You can go to our blog and there, you guys, you'll find all kinds of information, from building a home to whatever you need resource-wise, we've got it there. If you're looking for golf course community in Suwananoa, we've got you covered. If you're looking for gated communities, historic homes, whatever it may be. You can go there and check out on mountainhomehuntcom and you can also go there and register and let us know what you're looking for and through that we'll send you at your pace. You know, once a month or you can even get instantly sent with the newest home that's coming open in the area that you're looking for. Maybe you're looking for land. We've got a lot of land listings that have been popping up that I'm very excited about. I had one that came up that was riverfront this week and going up to take a look at that for some clients out of town and do a video. You know we do a walking tour of all of our listings to where you can go to our listings, and we'll usually leave the YouTube address there so that you can go and watch the home through our little generic made videos that we walk through our listings and make. But yeah, you guys go to mountainhomehuntcom and you can certainly find out a whole lot of information from buying to selling. We've even got careers that we're looking for folks. You know we always have an open door for individuals that wanna come in. If you're just starting, we've got an excellent program for real tours that are just getting into the market. We really have a whole lot of data base to be able to communicate with folks and share and learn. So it's a fun place to come and learn how to really be a shark in the real estate market here. So do give us a call if you're interested in finding out about our careers. We do have a VP of Buildery CPO that we're looking for and that position can be anywhere. So for all of our listeners out there, anywhere you're listening from, you can take advantage of the CPO Builder program that we have We've got. We need someone to fill that role We've got really a lot of activity there and being able to help builders. So yeah, rich, so would you do this week. Rich, that was exciting. In our area you find a client that may well. We did go on an appointment together. We ran we won't use his name, but we ran into a charming guy man. He was fantastic. It's fun to go in and let somebody share their life and what their fun in the home was, and for this particular gentleman it was looking out the back door at all the wildlife.

Speaker 4:

He had quite the artwork in that backyard, didn't he? He?

Speaker 2:

did.

Speaker 4:

Mother nature is very, very big up there.

Speaker 2:

Yeah, so that was fun for him to share. No, that's something that he's walking away from, but he had all the memories on his phone. He's getting ready to sell his home and gonna take off and travel the world. You know, he was in the Navy for I don't know how long.

Speaker 4:

That's what he said. A big thank you out there to everyone who served.

Speaker 2:

I tell ya he made fun of it. But what a hero this guy is. What a lifter and he didn't know it, you know he made fun of himself the whole time but what a great contributor to life and how positive he was. All over his house be happy sunshine. It was just all the positive uplifting that he was doing for us and it was a breath of fresh air to go in this guy's house. It was you don't realize that we all need a little more of that. Oh man, the human part of my job is fantastic. I can go in and communicate with people and talk to them and sit down at their table and learn about their life. I don't know, it's good for me. That's what I need. My day to day walk. I need to be able to communicate and be around people. I'm definitely an extrovert, so I appreciate you All you guys out there listening to me. We've got the 2409962 telephone number there. You're listening to the news radio show here in North Carolina, wnc 570AM. I've got Rich and Randy with me here today. We're enjoying the rain out there today.

Speaker 4:

Much needed, much needed in the area.

Speaker 2:

Please keep it. It's a nice steady, soaker too. You guys, with all those wildfires we've had around here, woo, I've been seeing the helicopter flying around with the bucket thing. They fill that thing up and it was over in Arden and they must have had one pop up last week and they were working man. They were coming over to a pond close to me and the clack of that Huey helicopter going around and picking up the water and then lifting up and those guys were working real hard to keep our area from burning down. Man, all those fires. So this rain, this soaking rain, is beautiful today. We're embracing it and I enjoyed having the rain hit my coffee as I came in today. It was hopefully there's not any acid in it, but yeah. So CPOexpertscom We've got all the programs there. If you wanna go there, you can find out about it. We've got FISBO, cpo. Now that's my four sell by owner folks and maybe you've been out there. One of the things I've found about four sell by owner is their frustration. Is people coming in and realtors calling them and saying, hey, I got somebody with an offer. Well, we really do have somebody with an offer.

Speaker 4:

And we bring it with us.

Speaker 2:

And I've got the offer right there in my hand Now. One of the nice things about it is we'll list your home traditionally, no problem. But we do wanna put this opportunity in front of us because, hey, you might not wanna go through the headaches of listing your home. Maybe you don't wanna have people coming in. People walking through open houses. Oh, the four sell by owners that I visited just lately because they're so frustrated because they get stood up. Nobody came or somebody said they were coming and then they canceled right before and they just took the whole day getting ready. And I understand as a real tour I've been there myself when you've made the day ready for someone and then they cancel on you right there at the beginning of it and you don't get to go out and show them homes and then you gotta go figure out what you're gonna do with your day. So that's frustrating for those folks out there trying to sell a home in this market is. You know it's balanced. It's a balanced market, I think right now I mean it's declining for sure. As far as pricing is going down, I've seen a reduction in where the peak was, which I believe was at the beginning of 23,. It sort of started coming down and then our rates going up has really slowed down the ability of the purchasing power for our buyers out there. I'm finding that in this market you guys, about 55% of the sellers are seniors, so that's your 55 and older For my seniors up there. You know we've got CPO programs for assisted living and maybe retirement in a state. Maybe you want to look at that reload CPO program that we've got and take a look in depth as to maybe it's a little bit easier in doing a four-cell buy on it. But our seniors out there are 55% of the sellers and they're 45% of the buyers, so when they're going out they typically have a pile of cash. So we still have cash offers and on particular properties not all of them of course, and it's a smaller percentage for sure, but we've got. You know there's some highest and best offers by whenever. I'm still seeing that email coming over.

Speaker 4:

It has slowed down a little bit, but it's still happening. We still have some people. It's still happening and you know, if you're looking at this time of year, those are serious buyers. They really want to own a new home.

Speaker 2:

Now I've been listening to the radio rich, you know, I might listen to the radio a little bit and I was here and one fellow talk about next year. If they do drop the rates any, it's going to create a frenzy of people back on the market and I've seen it. Actually over the last month with my listings I've got some more people coming out there because the rates did dip just a little bit. The bond market went from around five to 10 year to around 4.1 something and so with that activity the stock market sort of had a good couple of weeks here and moving up and the rates have dropped a little bit because of that. So the market sort of saying, hey, you know, maybe that employment number and maybe these numbers and the hold back that the government has been trying to create, which has definitely happened you know they slowed down the money, that's for sure, and maybe it was needed. I don't know. It's crazy there in the real estate and the pricing going up. But if they drop those rights man rates any, we're going to see a lot more buyers back out there and you probably will see another price increase because then your demand is going down and you know there's still people. There's a ton of people looking for homes. It's affordability right now. So let me tell you this, folks. Here's why CPO is such a great program. What we do is we come in our market is we've got homes when I go into these homes, but they're needing some fixing. You know, they've got the washer machine on the front porch. They've got the floors that are sort of wore out. They're hardwoods but they just need finishing you know, it needs a paint job. The roof is sort of beat up. So I'm bringing in buyers and they're coming in and they're paying top dollar for the money, the interest rate being at seven plus, they're just paying top dollar. They've got to come in with a pretty good, decent down payment. So the homes have been increased price wise over the last three years, in some cases doubled, and so you got folks that need to come here. They've got jobs, they've got family, they've got reason to come here, and I won't say affordable housing, but just housing that is in good shape. When I'm paying top dollar, let me have a home that's going to be decent. So I don't want to come in and repair and do, and folks just don't want to do that. They're coming into a new job, a new life, new family, new whatever, and they don't want to put that new roof on there. So they're looking for the homes right now, you guys that have been sharped up and you know we've got some investors out there that have been cleaning up and redoing homes and putting those back on the market and I'm so thankful. But, cpo, what we do is we come in and we'll take care of those fixes for you and if you'd like, you can use the CPO program to do the repairs for you and then, once the home is sold, we would then be able to pay those back, pay for those repairs, and then you get to enjoy the profits from having the house cleaned up and making it really something spectacular for your new buyer coming in. Now, hey, a year and a half ago take it or leave it I was seeing listings rich with I mean just whatever the clothes everywhere, furniture, you know, just a trash place and they would sell top dollar overnight. It was crazy, incredible, highest and best by five o'clock. Yeah, it was a frenzy on those, and so we've gotten way away from that. I'm seeing these homes that need some loving. You know, hey, listen, if it smells like an ashtray and it's got a moisture problem ie the basement's got a flood coming through it or something maybe it's got structural issues. Let's get that house cleaned up so that when you go to market, you know traditionally two years ago you go to market the houses whatever here, take it or leave it. But right now you've got a little bit more savvy buyer. Because they don't have the money to fix these homes, you guys are putting it all in the mortgage. This costs them twice, three times, what the money was. A year and a half ago we had 2.99 rate and now you know we're at the sevens. Think about it. You know I went from I don't know $1,800 for a $300,000 home and now it's $2,932, $3,300.

Speaker 4:

And definitely cleaning that up and making it bright and shiny moves you much closer or faster to closing. Yeah, so that's what everyone wants.

Speaker 2:

Yeah, let's take advantage of that CPO program. Let's get a fresh paint and coat on it or coat of paint on it and I don't know, maybe it needs a new HVAC. We'll take those funds there and we'll upgrade that home and then, quite honestly, a lot of the time because of the upgrades we're able to come to market with a little increased price on what the value of the home is. Now you know we do a CPO home so we find out with an appraisal what the value of the home is. I've been seeing rates drop as far as what people are getting on for their homes and so the amount is as far less you know. In one case down in Hendersonville I had a house on the market for $525 and it came back when an appraisal of $450. The home is still on market and reduced it any and sort of keep my eye on it because we had the contract on it and we had to walk away because in the seller was like we can't sell that house for $450. We just can't and I think they, you know, were upside down in it and so unfortunately somebody's going to have to eat it on that one a little bit. But now that's what you call in the declining market and we are in a declining market. You know, comet Hugh Glar came up with the economic cycle, you guys, in 1860. And it's been true to this day. You know, you go through peaks and valleys, and about every 10 years you go through an economic cycle, a recession. Then it, you know, corrects itself and prices get better, and then you know, it raises up and then you go to a peak. And so we just came off of a peak, although it was inflated artificially a little bit, you know, because of all the money that the government was able to put out into our economy, because of the C? O. B. I, D, but now that's sort of starting to correct itself. And with those rates and with the market, they're saying that the you know the percentage of inflation is going to be right around 4% this year. So if they can get that corrected, let's see what December is doing Going to the spring with maybe some lower rates, will really have an active spring if that happens and I'm kind of looking forward to it. Yeah, because we we've got folks out there that want wanting to need a bigger home, maybe because they've got a larger family and the prices have dropped so you might be able to find an opportunity. It's all about, in my opinion. Hey, if I've got a job and I need to be close by because of our traffic everywhere in the United States, you know you're wanting to be closer to your job, right centrally located, to find a home like that and to be in an area close to your job. Sometimes you got to kind of you know Mills River I'm just thinking of Arden Mills River area. Those homes are a little bit more expensive down there because of all the convenience is all around. You've got all the shopping, you got the airport, you got the highway, you got convenience everywhere all around, so those homes go a little bit more quickly. This area is incredible, our whole diamond. I call it kind of a diamond area. We've got 26, that kind of runs north and south in Asheville and then we've got 40. It goes east and west. We've got a really nice junction here that you can come and enjoy our mountains and we've got all these beautiful hotels that you can stay at, fantastic restaurants. Last night I was a little bit spoiled. I got to go to the Tupelo honey and oh, Tupelo is very good. Oh dog this place. Now I get it, I get it. I was like, oh yeah, whatever biscuits, blah, blah, blah. No, it was really good man. They got these biscuits and jam and had a really good wine list and we had fun. It was a great little opportunity for us to get out and see Asheville. It's in a cool little area, triangle area, downtown Asheville, just a little plug there for those guys. They were great to us. Ashley was my waitress and she was phenomenal, so shout out to her. We really appreciated it.

Speaker 4:

And I know it's not a secret, but we are the number one beer city in the country, so if you like micro brewers and breweries there's not. You can't go more than half a mile without finding something fantastic for your taste.

Speaker 2:

Oh man, beer city. Thank you, yeah, from Highlands, Catawba, Hillman's is one of my favorite. I went by there this week. They've got their main places down in Old Fort and I've got a listing down there so I get to drive right by those guys.

Speaker 4:

Sierra Nevada is always one of my favorites.

Speaker 2:

Oh well, sierra Nevada. You guys, if you haven't been to Sierra Nevada, here in Ashville, north Carolina, it is the Biltmore of breweries. They built the place for 500 years to last that long. So if you go in there and you look at as a person that's built homes a lot in my life, both personally and with clients, I was very appreciative to all the copper and just the foundation of this place and the amount of workmanship there, the beams, just everything. And yeah, when you go in there you're like, oh okay, they're not gonna change the way beer's made. So they pretty much know they can make this place and it's gonna continue to generate delicious beer. You know just anybody out there that works at Sierra Nevada. I would really love for y'all to bring back that peppercorn saison, please. Peppercorn saison.

Speaker 4:

Customer service is fantastic.

Speaker 2:

Yeah, man, this is so delicious. It was crazy peppery peppercorn. Bring it back please, please, bring it back. It was delicious and you had to go there to get it. So they had me, man, they had me. I was swinging over there and getting the pint, you know, oh, man.

Speaker 4:

Well, it's conveniently located next to the airport also, so I've been there when people are coming in with luggage wheeling in and out, so people are hearing about what's going on.

Speaker 2:

Yeah, well, maybe Chris over there Helman, he's the beer guy, he brewmaster If he could make me a peppercorn saison that would be fantastic. I would call it whatever. I would call it the franzin'. Yeah, you guys, thank you for listening to the news radio show today. We're very appreciative of all the listeners. We'd love for you to call in and talk to us about our market. We've got the CPO program. You know we are CPO experts so we can help you if you're out there. If you need some guidance, you guys, and need a little confidence in selling your home, you can always come over here and we'll give you all the ideas in the world. We can also list it for you and we'd very much enjoy listening with you and making success with your home and getting it to market ready to go. We're big on having your home inspected. Let's go ahead and find out what's going on with it, guys. Let's go ahead and get an appraisal. Let's find what it's worth Now. I've been seeing my appraisals. If I got an appraisal three months ago, I have seen those drop off, you guys, and I really haven't seen one increase. So I feel like we're in that economic decline that we've been talking about. You know, we kind of went through the denial stage. We've gotten through the fear part. I think people were sort of accepted that rates have gone up. We're gonna have to live with it. So we're starting to, you know, get the acceptance part of it. Now we're figuring out how to work, how do we make things happen and still maintain our jobs, our lives, our homes. With the increase with the price of money and you know, seeing this inflation that we have Paying for Thanksgiving this year was about twice for most folks. You know, christmas is a little bit more gifts although I've been seeing a lot of sales Gifts are more expensive. So we're all sort of tackling that and I appreciate the folks out there that have come to us to try to figure out how it is. We can best get the most value out of their home and create a nice home for the community and get a home that's livable. You know, give folks 10, 15 years in a home where they're worry-free. Let's do that for the community. But right now we're gonna go ahead and take one of those commercial breaks here. Let's get to hear about Rowena.

Speaker 1:

From the 570 Weather Center. This is your Weather Channel forecast.

Speaker 3:

An approaching front is going to result in some white weather during this weekend. It'll be breezy this afternoon, with scattered showers at times and a high near 61, and then rain will increase overnight, with showers, even a few rumbles of thunder. Some of the rain may get heavy as the overnight low eventually drops down to 52 and a windy and wet end of the weekend On Sunday, with showers likely tomorrow and a high near 59. The dry and colder behind the front on Monday, with a clearing trend and a high reaching the low 40s. I'm Jeff Maher from the Weather Channel.

Speaker 6:

Hi, this is Rick and we sold our home with Rowena Patton at All-Star Powerhouse. We didn't really want to move, but needed to for my job. Our first realtor didn't listen, didn't care, didn't try. Not a single showing in two months. A friend recommended Rowena. She saw the hard work we'd put into the home, what it meant to us and what it could mean to someone else. Next thing you know it's sold. If you need to get your home sold and not just listed, you need to talk with Rowena Patton. Give her a call at 828-333-44. 83. Don't let real estate pass you by.

Speaker 1:

With all star powerhouse, rowena Patton, here at All Star Powerhouse. Sell it now, don't wait. Call me at 828-333-4483.

Speaker 6:

Don't let real estate pass you by With all star powerhouse Rowena.

Speaker 5:

Patton here at All Star Powerhouse, I'm going to bring you back on with a song Okay, good A song from the movie Love Story from 1970. We salute and commemorate the life of actor Ryan O'Neill, who was born April 20, 1941 and passed away December 8, 2023 yesterday, and of course, he was nominated for a Grammy for his role in the 1970 film. The Theme from Love Story with Andy Williams oh yeah, that was his name Went to number nine on the Billboard Hot 100 charts in 1970.

Speaker 1:

It's past his 20th anniversary and he is now in the blockbuster show of American.

Speaker 2:

Cooking of a World vieleります Visa seated at seven o'clock.

Speaker 5:

I start. You're not old enough to remember, are you, patrick? You're not old enough to remember, are you?

Speaker 2:

I wasn't born in 1970.

Speaker 5:

That's right, it was a. It was a hit movie and the famous line that Ryan O'Neill made famous in the movie Anybody, no I don't have it love me, love means never having to say you're sorry.

Speaker 2:

Oh yeah, no, I'm digging it, randy. Thank you so much for bringing that back up. That's, uh, you know, tatum O'Neill's dad. For you younger folks, that's who that is, man, I tell you it's. It's been a really fantastic Saturday here in Asheville. We've got this beautiful Rain coming down and I needed to come down a little bit more so we can catch up with our volume. We went through a little bit of a drought, you know. I guess it's been since August.

Speaker 4:

Really, we We've been a little dry, so nice to have this rain coming in and in showering us with, with all the goodness so yeah, and I don't want to hurt anyone's feelings because I know some people are waiting for the snow, but I'd rather have it raining than having the white stuff fall until at least Christmas. Everybody likes a little snow for Christmas Eve and Christmas, but I'm good at that.

Speaker 2:

You know, I've been seeing that there's been a lot of activity, people wanting to see a white Christmas and we actually had a white Christmas here recently in our past, so that was pretty cool. We We've really got a fun community here and with the El Nino, if we get snow we're gonna be out in our streets with our neighbors and sledding all night long and Improv and having probably having a little, a little schnapps or something To make our way down the hill sledding. So I can't wait. There's a commercial on TV with three ladies sledding down.

Speaker 1:

I love that commercial.

Speaker 2:

Oh man, I love that. That's like the greatest thing ever. And and so if you're out there, grab your girlfriends and go sled, get your little seat cushion right. I don't know what commercial or who it's for, but that's a good commercial. It's probably Amazon. I don't know, I believe it will, I believe it was so. Cash CPO program. You guys, it's quite phenomenal. We we're able to come in and make it really easy for you. Take the headache of listing your home and and having to go through all the the issues that you do. We come in, we make you prepared, we get you an appraisal. You know, let's find out what the house is worth. We're getting an inspection. Let's find out what's going on with the house.

Speaker 4:

Well, I got a question for you, patrick. Okay, say, we have, we have a seller this afternoon three o'clock saying you know, I really think this program sounds fantastic. What are the next steps and what can that seller expect in the next 48 to 72 hours to happen?

Speaker 2:

Oh well, we'll go ahead and get ready, for if they wanted to go with the program, they accepted the offer from our buyer Fred we would go ahead and get those appraisals and inspections scheduled and Make that happen real quick, within 10 days, you know. And they've got a 10-day period there where we get those inspections and we make sure that the values there and at that point in time we schedule the closing, which can happen within 15 days, and Seen it happen. It's a cash offer, you guys, so it's pretty easy for the attorneys. You can use your attorney, whoever whatever and Get you the cash for your home pretty quickly here and Take some of that ease off of you if you're feeling something. Yeah, and then we'll get it cleaned up for you. Bring in our contractors. You know we've got so many relationships in our CRM. We've got I have the ability to type in vendor of whatever kind of vendor, and Dozens upon dozens, and then we have a little rating, you know. So if you've had a good experience with one of those contractors, you put you a five stars on there and boom, we all as agents know that. Okay, hey, this, this has been a good company. They've done good things for us. Just a little shout out for my bug guy at Biggs this week, just really stepping out. Jeff really helped me big time. So Shout out to another one of our quality vendors that we work with you guys also J&J environmental. They came out and and did some tests for me on some water and Did it in a day's time and and really were Johnny on the spot, took care of me. So a lot of good folks around here that I work with and I'm blessed to be able to have Relationships with. We've got a lot of really good small companies that step to the plate for us and they're eager and anxious to get us taken care of and and I'm so thankful for them because that's part of my network and that's part of it is getting you a good value, good price, on fixing the home, and and then turning it around and getting it back to market, and that's what we do for you. We take the headache out for you. You don't have to worry about listening. You don't have to worry about repairs. Now, of course, if you want to be involved, you can. That's the fun thing about it. You can be as involved as you would like. Of course. You get to make the decisions on what kind of repairs. You get to make the decisions on yes, we'll do that repair and it's. You know, it's something that you might feel like there's not a big deal, but I'm big on having the inside of homes painted and a good white coat for a fresh family coming in. You know that's one of the projects that folks like to do we can all paint a wall. That's a Saturday afternoon kind of thing.

Speaker 4:

We're not on a day like this.

Speaker 2:

Yeah, we're. We're not wanting to sand the floors though or put carpet in right, so or replace those appliances or the the the roof. Or, you know, maybe you put in a French drain because you got a water leak coming into the back of the house. It's flooding underneath and creating some issues there with some dampness. We'll get that taken care of in the CPO program. Come back to market, get cool, get you a full cash Value market offer, hopefully when we go back to the market to resell your home. So cash CPO is a phenomenal program for For folks out there and I'm so awesomely happy to be able to have it and share it. You know, in Asheville We've, we've had a great season here. We're, we're having Compared to last year. We're we're up a little bit on inventory by small percentages, but we're up a couple percentages there. I've seen the price really actually has been staying about the same in our Asheville market, if not increasing just a little bit. What the homes, although we are still in a in a declining market, I'm starting to feel it on the outside of Asheville, in the city or in even in, basically, bunkham County. I'm starting to see other areas, the prices dropping and other communities around us other other counties. You know I've seen a little bit dropping, so anyway it's. It's something that don't wait around if you want to get to go, and it's always a good time to sell around here. So take advantage of this cash CPO program. Right now is the time. You guys, if you're thinking about listing with us, you know I've got someone that we just prepared and we actually got all the paperwork done. But we're coming to market right after. We're coming to market in February, right after the Super Bowl and and it's more of a timing thing for their family you know she's her husband, had gone through a little bit of surgery, need and Doing a little resting doing some rusting and recovery and then we're gonna sharp up their home because we got an inspection on it and Found out there's a couple things we want to get done prior to going to market. And you know, I suggest doing that because there's nothing like Having two weeks until you close and then you find out, oh, we've got a big repair that needs to happen, when I don't mind doing it because it's part of the job. But you guys, I've only got two weeks. Get this done, get it, you know. So then I've got to go out and find out who can do it in two weeks, and a lot of times there's a premium because you're having to go with someone that's gonna charge just a little bit more because you're getting it done In two weeks. They're having to move their schedule around. Anyway, let's go ahead and get that stuff if you have the time. So you might be sitting on a home that is paid for, you know, but you want to move to a smaller place. I've got a neighbor. We're gonna be listing her home. Oh, this is gonna be a good one, fantastic. She doesn't want to take care of this home anymore. She's approaching her 80s. She's in fine shape. She's sick of taking care of this place. She needs a 900 square foot apartment, and we're out looking for an apartment. She doesn't want to buy anything. She wants to cash out on her house right now and she wants to rent. Let somebody else take care of everything she doesn't want to deal with. It is what she told me, patrick. I just want to be able to have some outdoor space, be able to go and do so. I'm right here with you and we're gonna find her a really cool. In fact, I think I found her a really cool place with some outdoor space, with a creek and a park, and it's really gonna be nice for her. So a lot of good things going on in the community right now and we're embracing each other. That's nice to find Asheville sort of hugging each other Right. We're coming out of this sort of whatever environment we came out of a couple of years and folks are getting their homes cleaned up and if they're going to market they're coming to something with a little bit more nice. With our CPOexpertcom program you guys can always go there, cpoexpertscom, and check out and find an agent wherever you're at in the United States. You know, of course we're syndicated throughout the United States. We've got our pod program and we do a blog always, so you can always find us there. If you want to go to allstarpowerhousecom, you can also click on that podcast and it's going to take you right there and you can come in and listen live there. If you need them, too, you can go to realestatenewsradiocom and that's how you can listen to me If you're away from this market here in Asheville, if you're a listener out there I'm sure you figured that out We've got some. Really. We've got a great system that broadcasts this out to all over the United States and it's pretty fun to see people even Hawaii listening to us and find out about our market. So yeah, the big activity tonight in Asheville Warren Haynes is having his Christmas jam, you guys. So if you've got tickets I know they have some general admission tickets I'd check this morning for as low as 20 bucks, you guys, so you can go over there. I heard let's see John Bonham's son's going to be there. That's pretty cool and anyway, a lot of good music coming out of the Warren Haynes Christmas jam here in Asheville tonight. Be sure to go check that out. That's always a big. You know, he donates, I don't know man, $800,000 last year to our local food banks. I mean that's. I believe so, and that's that's well needed and that's fantastic yeah no, this is a good thing, and then it gives a lot of money. So thank you to Warren Haynes out there for doing this For so many, so many years and that family has been really a big, active part of the Asheville community. So another big, big shout out there, you know. Also want to give a shout out to Chelsea. You know Chelsea is part of our team here and a huge part of our success, and her son, will, has just turned three years old this week. So, will, if you're listening, man, happy birthday. I get to see you on the zooms and you're such a charming young man and just really excited for you and your future. I hope that your, your year this year is going to be great. Turning going into your fourth year that's, that's really cool. So good for Will. And thank you, chelsea, for working as hard as you do for your family and for our work family as well, and so that's a big shout out there. So you know, as far as birthdays go, might as well say I know my brother's listening, so I'll say happy birthday to you too. And so, robert, friends, and for turning in some really cool years with me and always being a fantastic brother. So I'm lucky to have a good family in my life, man. So yeah, if you're thinking about selling your home, please do consider going over to the AllStarPowerHousecom. You can go to mountainhomehuntcom as well. It'll get you all to the same place. You know, you guys, when you market with your home with us, we've got over 300 websites and they all send out the information on the home. So, in addition to the radio show, you know Rowan has written a book and it guides you through getting your home sold, and so there are steps there that you can learn about. And so, yeah, we would love to share with you what those are, if you want to have us come out to your home and give you an idea what the value might be and what our programs would be, and then we'll listen to you. What do you want to do? You know what is it, what's your goal? You might have plenty of time, you might have no time, and usually it's the level of pain that you're in with the property that you're wanting to sell. So we'll help, hold your hand, we'll collaborate with you, find out what's the best thing that works for you and work with your life.

Speaker 4:

No, never any pressure. We just bring you all the information and answer your questions.

Speaker 2:

Yeah, no, and if you need our services we get on it and it becomes the very most important thing to us. So we've got some fantastic homes. I've got one over in Marion. It's priced at $3.95. We did a pretty major price drop. We got a hold of an appraisal that showed us that, hey, the value of that home had dropped. So we knocked $25,000 off of the home and it's priced at $3.95 right now. So give me a call about that one. It's over at 210 Bird in Marion and just a phenomenal home.

Speaker 4:

It's huge.

Speaker 2:

It's got a carport for two cars and then it's got an attached single car garage and it's got a detached garage. That's a workshop with a big stove in it and a huge basement. Three-bed room, two bath Perfect home for a guy, that man. If you're a mechanic or if you do any kind of, if you need a couple of places to put your hot rods or whatever, or if you're a landscape guy, you've got plenty of play. You know, got a whole workshop to work out of. There's all kinds of ways to be able to take advantage. So yeah, if you're over in Marion and you're listening, be sure to take a look at this home. You know it's a great day, a great community. I want to thank Rich and, of course, I want to thank my producer, randy, and I want to thank Rowena Patton for being a great leader in our team and being able to help us figure out how to best help our community with her experience and just her knowledge is phenomenal. She does a lot for her team and if you're thinking about maybe joining or changing a real estate firm, give us a call. It's a fantastic place to come and work in fellowship and we provide everything. We make it easy for you, so need some new team members. I know I like to make change and get my goals ready, and this is a perfect time you know good time to start working on your goals. If you want to talk about us or talk to us about your future and maybe being able to work with us, give us a call. Thank you, everybody. It's a great Saturday. Thank you for listening to the Real Estate News Radio Show. It's Patrick Fransen. Have a great day.

Speaker 1:

This has been the Plain English Real Estate Show with Rowena Patton. Visit Rowena and post your questions at radioashvillecom or call her at 828-210-1648.

Real Estate Market and CPO Program
Community Appreciation and Christmas Parades
Selling Homes and Market Trends
Real Estate, Breweries, Economic Decline
Weather Forecast and Home Selling Recommendation
Neighbor Selling House, Renting
Real Estate Radio Show With Rowena Patton