Blog bits: The Onion on the Plumlees; real estate prices suck; and the Idiotarod returns

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Jason Sandford

Jason Sandford is a reporter, writer, blogger and photographer interested in all things Asheville.

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Some of what’s going around:

-More Plumlees: The Onion Sports Network has a funny take on the fact that soon three Plumlee boys, who have been playing high school basketball here in Asheville, will be playing for Duke.

-Dreary real estate news: Here’s more bad news for the Asheville real estate market, from viewashevillehomes.blogspot.com:

Numbers in now show total units sold for Feb at 95 (sure to be larger by weekend) and of those 28 were short sale, foreclosed, or REO properties.  That’s about 30% of the sold market.  Comapred to Feb of 2010 which had a total units sold figure of 97 and only 16 “distressed” sales.

This will be the story for 2011.  If the number of distressed sales continues on this clip then you should expect that appraisals will be an issue due to the fact that declining values will start affecting appraised values.  When that happens then it becomes hard for a normal (other than distressed) home to be sold at a market price.  This could be a scary cycle as the proportion of distressd properties incline it will be harder to “justify” the non-distressed asking prices.

-Idiotarod returns: From usracecalendar.com:

1 Shopping Cart + 5 Runners + Canned Food for MANNA = one huge bag of awesome. The Legendary 5k Shopping Cart Race is rocking Asheville once again on Sunday, March 27th to help MANNA Foodbank starting at 2:00 PM! The course will take teams of 5 and their carts of wonder along Riverside Drive starting near UNCA and finishing at the Wedge Brewery. Along the way participants will face a variety of challenges comprised of community service projects and a ton of other obstacles we’d love tell you about, but they’re too awesome and complex for print. Teams also creatively sabotage one another with ingenious forms of trickery (please see website: http://www.idiotarod.com). 

Jason Sandford

Jason Sandford is a reporter, writer, blogger and photographer interested in all things Asheville.

  • 1

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