Western North Carolina Real Estate

The Henderson County Swine Flu Clinic is scheduled to take place this Saturday, November 21, 2009 from 8-11:30am at the Henderson County Department of Public Health in Hendersonville.  Due to the limited availabilty of vaccine, only available those people in the designated priority group* will be allowed to receive vaccinations, which will be provided for free.  Vaccinations are available on a first-come, first-served basis.  The Henderson County Health Department will continue to provide H1N1 vaccine clinics as vaccine is available Mondays through Thursdays from 9am-12pm by appointment only.  For more information and to make an appointment, please call the Hendersonville Flu Hotline at 694-4040.  Bilingual nurses are also available upon request.

*People in the priority group are pregnant women, people who live with or care for children ages 6 months or younger, healthcare and emergency medical personnel, children and adults between the ages of 6 months and 24 years and those people ages 25-64 who have health disorders or compromised immune systems that would make them at higher risk for adverse affects from the H1N1 virus.

Rich Cooke, your Hendersonville real estate specialist

The $8000 First Time Home Buyers Tax Credit has been extended both in time and to include a $6500 tax credit for existing homeowners.  Previously, only first time home buyers (those buyers who have not owned a home for at least the three previous years) were eligible for an up to $8000 tax credit based on the purchase price of the home.  This was set to stop December 1, 2009.  However, President Obama has just signed an extension to the First Time Home Buyers Tax Credit that applies to all homes purchased by April 30, 2010.  If you have a signed binding sales contract in effect by April 30, 2010, you have until July 2, 2010 to close escrow.

In addition to the $8000 First Time Home Buyers Tax Credit, President Obama made available a $6500 tax credit for current homeowners looking to purchase a new home.  Existing homeowners must have used their home as their primary residence for at least five consecutive of the last 8 years to qualify for this new tax credit.

Income Limits:

If you are a single home buyer or married filing head of household, you cannot make more than $125,000.  If you are married and file jointly, you cannot make more than $225,000 to receive the total tax credit you are eligible for.  You are eligible for a partial credit if you are single or a head of household filer and make between $125,000 and $145,000 or married filing jointly with an income between $225,000 and $245,000.

Homes That Qualify:

Only a home that is purchased and used as a primary residence is eligible for the appropriate tax credit.  That means that vacation homes, rental properties and commercial properties do not qualify.  Also, the purchase price cannot exceed $800,000. 

These tax credits do not have to be paid back provided you use your house for your primary residence for at least three years.  However, if you sell your home before the three year time period is up, you will be required to pay back all the tax credit you received.  For more information on the tax credit extensions and how they effect you with your Western North Carolina home, please contact me.

Rich Cooke, your Hendersonville real estate expert

I knew Flat Rock residents were charitable.  I'm just happy that others recognized this as well.  Community activists Robert and Doris Eklund were awarded the Richard C. and Vina L. Sauer Charitable Leadership Award for their service and philanthropic efforts for the Henderson County community.  Their work with the Council on Aging as well as the Henderson County Heritage Museum were only two of the many local charities they received the Sauer award for.  The Henderson County Community Foundation, who hosted the awards luncheon and is the recognition committee for the annual Sauer award, continues to receive donations from other generous members of the community even through these hard times.  Through their Community Fund, they are able to give grants and help people create their own philanthropic foundations for various health care, education, arts, environmental and other service programs in Henderson County.  Several of the people that have been direct recipients of the good that the Community Fund provides were on hand to tell their stories as well.  For more information about the Community Foundation, please call 697-6224 or visit their website.  It's stories like this that makes me proud to be a member of Henderson County.

Health and animals are the focus in Hendersonville, North Carolina throughout the rest of the month of September.  The Blue Ridge Humane Society Thrift Shop will be hosting a Pet Adoption Day at its Greenville Highway offices on Saturday, September 12th, from 11am-2pm.  Come on down and adopt one of these pets into a loving home they so desperately need.  For more information, please call 692-3503.

The third annual 5K and 1 Mile Fun Run for the Horses to benefit Hope for Horses, an equine rescue, rehab and adoption program in Western North Carolina, will be held at the Buncombe County Health Department in Asheville (35 Woodfin Street) on September 20th from 1-4pm. For more information and to register for the event, please visit www.hopeforhorses.org.

Get your flu shots at the Pardee Health Education Center in the Blue Ridge Mall from 8am-7pm on September 24th and  8am-5pm on September 25th.  The shots cost $30, but are free with participants who have Medicare Part B insurance.  The flu shot does not protect you against the H1N1 virus (swine flu).  Make sure you have your Medicare card with you (if applicable).  Otherwise, bring cash or a check.  To call for an appointment (required) or more information, please call 828-692-4600.

On September 25th, FREE cholesterol and diabetes screenings will held at the Asheville K-Mart (980 Brevard Rd) from 10am-3pm.  There is no appointment necessary and it is absolutely free to the public.

While the summer months are beginning to wane, Hendersonville is still alive with the sound of music, laughter and art.  Tuxedo Junction will be performing music from the 40's through the 90's at the Music on Main Street event on Friday, August 28th, from 7-9pm in Hendersonville.  There will also be a classic car show hosted by the Hendersonville Antique Car Club happening in addition to the Music on Main Street performance.  This event is sponsored by Burger King and FREE to the public.  Make sure you bring a chair and leave the pets and alcohol at home. 

Monday, August 31st, is the last scheduled performance of the Southern Crescent Bluegrass and the Rough Creek Cloggers at the 91st Street Dances on Main Street.  Also sponsored by Burger King, this event is FREE to the public.  You just need to bring a chair and enjoy the show from 7-9pm.

Going on now through September 26th, the Arts Council is hosting a "Bring Us Your Best" show at the Neill Gallery on Main Street.  Visitors are welcome to attend this juried and judged show of artisans from all around the Hendersonville area absolutely FREE.  The gallery is open Tuesdays through Fridays from 1-5pm and Saturdays from 1-4pm.

If you have a chance, head over to the Flat Rock Playhouse anytime from now through September 6th to catch their romantic comedy Real Estate, about what happens when selling your home.  Performances are at 8:15pm, with matinees on the weekends at 2:15pm.  Please call 866-732-8008 for more info.

According to the North Carolina Association of Realtors®, home sales may be down overall across the state, but Hendersonville experienced a 2% increase in home sales from the same time last year.  The 110 Hendersonville homes sold in June 2009 was a 2% increase from June 2008 figures and was a 31% increase from sales figures in May 2009.  The average cost for a Hendersonville home was $219,362 (down 17% from June 2008's average cost of $264,559). 

In comparison, Asheville home sales were down 7% from the previous year (June 2009 showed 217 units sold, June 2008 showed 233 units sold).  However, June 2009 sales were up 45% from May 2009 figures.  The average cost for an Asheville home was 6% less than the same time last year ($266,883 in June 2008, $253,852 in June 2009).

What do these figures mean for you buyers out there?  These low prices aren't going to last long.  Asheville real estate already seems to be experiencing what may be a bottoming out of the market, with home sales only slightly down from the previous year and the average price being only slightly less as well.  Hendersonville real estate is not too far behind, with its home sales almost exactly the same as the previous year and up significantly from the previous month.  You don't want to miss out on owning your piece of the American dream.  With the expiration of the $8,000 tax credit coming quickly upon us, now is definitely the time to buy.  Contact me today to let me know how I can make your Hendersonville or Asheville homeownership dreams come true!